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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
$3.58B
Enterprise Value$6.34K
Total Cash (Recent Filing)$32.42M
Total Debt (Recent Filing)$3.70B
Price to Earnings (P/E)39.0
Beta0.74
Next Earnings
Jul 28, 2026EPS Estimate
0.43Next Dividend Ex-DateN/A
Dividend Yield6.1%
Share Statistics
EPS (TTM)0.84
Shares Outstanding110,272,700
10 Day Avg. Volume1,396,630
30 Day Avg. Volume2,075,476
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
$29.80Price Target Upside26.49% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)1.3
Revenue Forecast (FY)$858.67M
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained operating cash flow and a materially improved trailing free cash flow provide durable internal funding for dividends, development capex and debt service. This reduces reliance on volatile external financing and supports capital recycling, share repurchases and opportunistic investments over the medium term.
Development-driven NOIVisible embedded NOI from recently leased developments creates structural upside to cash flows and FFO as spaces convert to occupied. Limited remaining capex improves return on invested capital and accelerates margin expansion versus relying solely on market rent growth.
Sun Belt Portfolio ExposureConcentration in fast-growing Sun Belt business districts aligns the portfolio with persistent demographic and corporate relocation trends. Market-specific tightness and flight-to-quality favor Highwoods’ Class A assets, supporting sustainable rent premiums and lower long-term vacancy risk.
Bears Say
Meaningful LeverageA leveraged balance sheet constrains capacity to absorb rising interest costs or property-value mark downs and limits optionality for opportunistic acquisitions or large buybacks. Refinance risk and covenant pressure could force asset sales or cautious capital deployment in stressed markets.
Leased Vs Occupied GapA sizable leased-but-unoccupied position delays cash realization from signed leases, exposing near-term FFO and cash flow to timing execution. If occupancies convert more slowly, anticipated NOI and FFO ramps from developments may be pushed into later periods, stressing near-term metrics.
Reliance On Dispositions & TimingUsing asset sales to repay debt and fund optionality creates execution and timing risk; near-term FFO dilution from disposals and cash holding for a bond payoff can depress reported results. Dependence on market appetite to sell at targeted prices is a structural vulnerability.
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 $3.58B.
When is Highwoods Properties’s upcoming earnings report date?
Highwoods Properties’s upcoming earnings report date is Jul 28, 2026 which is in 4 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 6.1%. See more information on Highwoods Properties dividends here
What is Highwoods Properties’s EPS estimate?
Highwoods Properties’s EPS estimate is 0.43.
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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$29.80 (26.49% Upside)
$29.80 (26.49% Upside)
Blogger Sentiment
Bullish
HIW Sentiment 70%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 177.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.58%
12-Months-Change
Fundamentals
Return on Equity
6.10%
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
$29.80
▲(26.49% 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
1.29% Other Institutional Investors
26.09% Public Companies and
Individual Investors