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

31.26

Mkt cap

3.3B

Volume

895K

High

31.55

P/E Ratio

23.48

52-wk high

36.78

Low

31.11

Div yield

0.06

52-wk low

17.58

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

Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Highwoods Properties (NYSE:HIW) and raised the price target from $22 to $32.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:36 pm

Baird analyst David Rodgers maintains a Neutral rating on Highwoods Properties (NYSE:HIW) and raises the price target from $27 to $30.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:19 pm

Truist Securities has maintained its Buy rating on Highwoods Properties (NYSE:HIW) and raised the price target from $29 to $33, as per analyst Michael Lewis.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:17 pm

Highwoods Properties (NYSE: HIW) reported Q2 2024 FFO of $0.98 per share, beating the analyst estimate of $0.90. However, sales of $204.73 million missed the $205.07 million estimate and decreased by 1.24% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.