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HIW Stock Chart & Stats
$23.56
-$0.05(-0.17%)
At close: 4:00 PM EST
$23.56
-$0.05(-0.17%)
Day’s Range― - ―
52-Week Range$20.45 - $33.88
Previous CloseN/A
Volume150.94K
Average Volume (3M)2.08M
Market Cap
$3.67B
Enterprise Value$6.34K
Total Cash (Recent Filing)$32.42M
Total Debt (Recent Filing)$3.70B
Price to Earnings (P/E)39.7
Beta0.74
Next Earnings
Jul 28, 2026EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend Yield7.83%
Share Statistics
EPS (TTM)0.84
Shares Outstanding110,272,700
10 Day Avg. Volume1,370,934
30 Day Avg. Volume2,079,444
Financial Highlights & Ratios
PEG Ratio0.33
Price to Book (P/B)1.18
Price to Sales (P/S)3.47
P/FCF Ratio16.81
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$29.00Price Target Upside23.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.07
Revenue Forecast (FY)$858.56M
Bulls Say, Bears Say
Bulls Say
Resilient Operating Cash Flow And Improving Free Cash FlowPersistent, material operating cash flow and a step-up in trailing free cash flow support durable internal funding for development, maintenance of distributions, debt service and opportunistic buybacks or acquisitions. Improved cash conversion reduces reliance on external capital and strengthens long-term financial optionality.
Leasing Momentum And Embedded NOI From DevelopmentsHighwoods’ strong second‑generation leasing, long average lease terms and high lease-up rates on recent developments create visible, durable NOI upside as occupied conversions occur. Embedded rent reversion and multi-year leases improve future revenue visibility and support sustainable FFO growth once occupancies normalize.
Solid Liquidity And Extended Debt MaturitiesRobust liquidity plus proactive extension of near-term maturities materially reduces immediate refinancing pressure and gives management time to complete dispositions or stabilize developments. This structural flexibility supports execution of capital recycling, selective growth and dividend maintenance through credit cycles.
Bears Say
Meaningful Leverage Relative To EquityA debt load at this scale increases sensitivity to rising interest rates and property valuation weakness, constraining strategic optionality. Elevated leverage can limit the company's ability to pursue accretive development or M&A without additional financing and raises refinancing and covenant risks over the medium term.
Large Leased-vs-occupied Gap Delays Cash RealizationA sizable leased-but-unoccupied position creates durable timing risk: signed lease income won’t translate immediately to cash rents, delaying NOI and FFO. If occupancy conversion lags or sublease supply persists, near-term earnings and cash flow profiles remain muted despite strong leasing metrics.
Choppy Multi-year Revenue Trend And Weaker Net IncomeInconsistent revenue growth and pronounced net income volatility suggest underlying exposure to cyclical office demand and cost swings. This undermines predictability of margins and distributable cash, making long-term earnings growth and dividend coverage more dependent on successful leasing execution and expense control.
Highwoods Properties News
HIW FAQ
What was Highwoods Properties’s price range in the past 12 months?
Highwoods Properties lowest stock price was $20.45 and its highest was $33.88 in the past 12 months.
What is Highwoods Properties’s market cap?
Highwoods Properties’s market cap is $3.67B.
When is Highwoods Properties’s upcoming earnings report date?
Highwoods Properties’s upcoming earnings report date is Jul 28, 2026 which is in 8 days.
How were Highwoods Properties’s earnings last quarter?
Highwoods Properties released its earnings results on Apr 28, 2026. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.108 by $0.182.
Is Highwoods Properties overvalued?
According to Wall Street analysts Highwoods Properties’s price is currently Undervalued.
Does Highwoods Properties pay dividends?
Highwoods Properties pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 7.83%. See more information on Highwoods Properties dividends here
What is Highwoods Properties’s EPS estimate?
Highwoods Properties’s EPS estimate is 0.57.
How many shares outstanding does Highwoods Properties have?
Highwoods Properties has 110,272,700 shares outstanding.
What happened to Highwoods Properties’s price movement after its last earnings report?
Highwoods Properties reported an EPS of $0.29 in its last earnings report, beating expectations of $0.108. Following the earnings report the stock price went down -4.773%.
Which hedge fund is a major shareholder of Highwoods Properties?
Currently, no hedge funds are holding shares in HIW
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Highwoods Properties Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.00 (23.09% Upside)
$29.00 (23.09% Upside)
Blogger Sentiment
Bullish
HIW Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 177.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.40%
12-Months-Change
Fundamentals
Return on Equity
3.94%
Trailing 12-Months
Asset Growth
8.59%
Trailing 12-Months
Company Description
Highwoods Properties
Highwoods Properties, Inc., based in Raleigh, operates as an S&P MidCap 400 Index constituent. This publicly listed Real Estate Investment Trust (REIT), whose shares trade on the NYSE under the ticker HIW, focuses exclusively on office properties. Highwoods is a comprehensively integrated company, handling all aspects of its real estate portfolio from initial acquisition and development to leasing and day-to-day management. Its holdings are strategically concentrated in the prime business districts of several major U.S. cities, specifically Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, its headquarters city of Raleigh, Richmond, and Tampa.
HIW Stock 12 Month Forecast
Average Price Target
$29.00
▲(23.09% Upside)
Technical Analysis
Cousins Properties
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Douglas Emmett
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Kilroy Realty
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SL Green Realty
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Piedmont Office
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Ownership Overview
1.31% Insiders
34.21% Mutual Funds
0.65% Other Institutional Investors
26.78% Public Companies and
Individual Investors