Streetbeat News

HIW

Highwoods Properties, Inc.

https://www.highwoods.com

Industry

REIT - Office

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (REIT) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Open

31.00

Mkt cap

3.3B

Volume

564K

High

31.69

P/E Ratio

23.37

52-wk high

36.78

Low

30.93

Div yield

0.06

52-wk low

21.37

Highwoods Properties (HIW) is recommended for portfolio addition due to strong demand for its office spaces, effective capital-recycling strategies, and robust balance sheet, which support long-term growth.

Portfolio Pulse from

December 16, 2024 | 7:30 pm

The article suggests adding real estate stocks, particularly REITs, to your portfolio in anticipation of a thriving economy in 2025. These stocks provide essential infrastructure for both physical and digital activities.

Portfolio Pulse from

December 16, 2024 | 4:30 pm

Highwoods Properties (HIW) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, which could drive the stock higher in the near term.

Portfolio Pulse from

December 13, 2024 | 6:15 pm

Highwoods Properties is considered an attractive investment due to its reliable dividends, low P/FFO multiple, and recent share price pullback. Despite a modest Q3 revenue miss, the company has raised its FFO guidance and reported strong leasing volumes, indicating potential upside, especially with lower interest rates. Its solid fundamentals and exposure to the Sun Belt market make it a compelling buy.

Portfolio Pulse from

December 13, 2024 | 12:30 pm

Highwoods Properties (HIW) has seen a 37.9% increase in its stock year-to-date, driven by its focus on high-growth markets, a diversified tenant base, an aggressive capital-recycling program, and a solid balance sheet.

Portfolio Pulse from

November 18, 2024 | 3:45 pm

Baird analyst David Rodgers has maintained a Neutral rating on Highwoods Properties (NYSE:HIW) while raising the price target from $30 to $32.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:43 pm

Highwoods Properties reported Q3 2024 earnings per share of $0.90, surpassing the consensus estimate of $0.88. However, their sales of $204.323 million fell short of the expected $204.919 million, marking a 1.34% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:12 pm

Highwoods Props (NYSE:HIW) is set to release its quarterly earnings report on October 22, 2024, with analysts estimating an EPS of $0.89. The company's past performance shows a positive trend in share price following earnings beats. Analysts have a Neutral rating on the stock with a price target suggesting a potential downside. Highwoods Props has a strong market position with a high net margin and effective debt management.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:02 pm

Highwoods Properties announced that its buildings have not sustained any notable damage from Hurricane Milton, which is positive news for the company and its investors.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 10:08 am

Deutsche Bank analyst Omotayo Okusanya has downgraded Highwoods Properties (NYSE:HIW) from Buy to Hold, while raising the price target from $31 to $35.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 5:48 pm

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