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

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

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

Goldman Sachs reports that the worst may be over for the commercial real estate (CRE) market, but a full recovery is still distant. While some cities like New York and San Francisco show improvements, high interest rates and structural issues in the office segment pose ongoing challenges. CRE-related ETFs and some stocks have shown mixed performance year-to-date.

Portfolio Pulse from Piero Cingari

June 28, 2024 | 7:30 pm

Shares of REIT stocks are trading higher due to a drop in Treasury yields following soft May CPI figures.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 5:02 pm

Deutsche Bank analyst Omotayo Okusanya maintains a Buy rating on Highwoods Properties (HIW) and raises the price target from $28 to $31.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:00 pm

Highwood Properties projects its FY24 FFO to range between $3.46 and $3.61, compared to the estimated $3.57.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:21 pm

Highwoods Properties (HIW) reported Q1 2024 FFO of $0.89 per share, meeting analyst estimates, and sales of $211.275M, exceeding expectations by 2.17%. However, this reflects a 9.18% decrease in earnings and a 0.69% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:51 pm

Numerous companies are scheduled to report their quarterly earnings on April 23, 2024, with expectations covering a wide range of performance indicators. Notable companies include RTX, MSCI, Quest Diagnostics, General Motors, Spotify Technology, PepsiCo, and Tesla, among others. The earnings reports span various industries from technology, healthcare, automotive, to consumer goods, indicating a significant day for investors to gauge corporate performance and market directions.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 10:57 am

Highwoods Properties announced the sale of non-core properties in Raleigh for a total of $79.4M, with $16.9M closed in Q1 2024 and the rest in early Q2.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:09 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.