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Highwoods Properties, Inc. is a real estate investment trust (REIT). The Company 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. Its primary business is the operation, acquisition, and development of office properties. It provides leasing, management, development, construction, and other customer-related services for its properties and for third parties. The Company conducts its activities through Highwoods Realty Limited Partnership (the Operating Partnership). The Company owns interest in approximately 28 million rentable square feet of in-service properties, 0.6 million rentable square feet of office properties under development and development land with approximately five million rentable square feet of office build-out.
Upcoming Events for HIW
Q4 2022 Highwoods Properties Inc Earnings Call
Q1 2023 Highwoods Properties Inc Earnings Release
Q1 2023 Highwoods Properties Inc Earnings Call
Highwoods Properties Inc Annual Shareholders Meeting
As of Today at 24:10 UTC, shares in Highwoods Properties are trading at $27.71. This share price information is delayed by 15 minutes.
Shares in Highwoods Properties last closed at $27.71 and the price had moved by -37.17% over the past 365 days. In terms of relative price strength the Highwoods Properties share price has underperformed the S&P500 Index by -25.28% over the past year.
The overall consensus recommendation for Highwoods Properties is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Highwoods Properties dividend yield is 7.22% based on the trailing twelve month period.
Last year, Highwoods Properties paid a total dividend of $2.00, and it currently has a trailing dividend yield of 7.22%.Looking ahead, the next dividend pay date is 2022-12-13.
We do not have data on when Highwoods Properties is to next pay dividends. The historic dividend yield on Highwoods Properties shares is currently 7.22%.
To buy shares in Highwoods Properties you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $27.71, shares in Highwoods Properties had a market capitalisation of $2.92bn.
Here are the trading details for Highwoods Properties:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: HIW
Based on an overall assessment of its quality, value and momentum Highwoods Properties is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Highwoods Properties is $31.50. That is 13.68% above the last closing price of $27.71.
Analysts covering Highwoods Properties currently have a consensus Earnings Per Share (EPS) forecast of $1.51 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Highwoods Properties. Over the past six months, its share price has underperformed the S&P500 Index by -26%.
As of the last closing price of $27.71, shares in Highwoods Properties were trading -21.12% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Highwoods Properties PE ratio based on its reported earnings over the past 12 months is 24.45. The shares last closed at $27.71.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Highwoods Properties' management team is headed by:
- Carlos Evans - NEC
- Theodore Klinck - CEO
- Brendan Maiorana - CFO
- Brian Leary - COO
- Jeffrey Miller - EVP
- Ryan Hunt - CIO
- Sara Carlton - VPR
- Charles Anderson - IND
- Gene Anderson - IND
- Thomas Anderson - IND
- David Gadis - IND
- David Hartzell - IND
- Sherry Kellett - IND
- Anne Lloyd - IND