Huntington Sec started coverage on shares of Highwoods Properties (NYSE:HIW – Free Report) in a research note issued to investors on Wednesday morning,Zacks reports. The firm issued a hold rating on the real estate investment trust’s stock.
HIW has been the subject of a number of other reports. Mizuho set a $32.00 target price on shares of Highwoods Properties in a research note on Tuesday, September 8th. Weiss Ratings upgraded Highwoods Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Citigroup boosted their price objective on Highwoods Properties from $24.00 to $34.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft cut shares of Highwoods Properties from a “buy” rating to a “hold” rating and set a $33.00 price target for the company. in a research report on Wednesday, August 5th. Finally, Morgan Stanley lifted their price objective on Highwoods Properties from $23.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Nine equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $32.00.
Read Our Latest Stock Analysis on Highwoods Properties
Highwoods Properties Stock Down 2.1%
HIW opened at $29.18 on Wednesday. Highwoods Properties has a twelve month low of $20.45 and a twelve month high of $35.44. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.68 and a current ratio of 1.68. The business has a 50 day moving average price of $30.19 and a 200 day moving average price of $27.48. The firm has a market cap of $3.22 billion, a P/E ratio of 19.20 and a beta of 1.06.
Highwoods Properties (NYSE:HIW – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.08. The company had revenue of $218.18 million for the quarter, compared to the consensus estimate of $216.39 million. Highwoods Properties had a net margin of 20.74% and a return on equity of 7.06%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.86 EPS. Research analysts forecast that Highwoods Properties will post 3.56 EPS for the current year.
Highwoods Properties Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Monday, November 16th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.00 annualized dividend and a dividend yield of 6.9%. Highwoods Properties’s payout ratio is currently 131.58%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Highwoods Properties during the 2nd quarter valued at about $633,717,000. Quantinno Capital Management LP boosted its holdings in shares of Highwoods Properties by 133.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,808,104 shares of the real estate investment trust’s stock worth $38,712,000 after buying an additional 1,034,694 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Highwoods Properties by 6.4% during the 1st quarter. Janus Henderson Group PLC now owns 1,639,419 shares of the real estate investment trust’s stock worth $35,139,000 after buying an additional 98,531 shares in the last quarter. CORDA Investment Management LLC. grew its position in shares of Highwoods Properties by 0.3% during the 2nd quarter. CORDA Investment Management LLC. now owns 1,284,718 shares of the real estate investment trust’s stock worth $38,747,000 after buying an additional 3,370 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Highwoods Properties during the 2nd quarter worth approximately $38,595,000. Institutional investors own 96.31% of the company’s stock.
More Highwoods Properties News
Here are the key news stories impacting Highwoods Properties this week:
- Positive Sentiment: Third-quarter funds from operations (FFO) increased to $0.89 per share from $0.86 a year earlier, exceeding the $0.88 consensus estimate. Highwoods Properties Q3 FFO and Revenues Beat Estimates
- Positive Sentiment: Revenue rose 8.1% year over year to $218.2 million, slightly ahead of the $216.4 million analyst estimate. Reported EPS of $0.29 also exceeded the $0.21 consensus forecast. Highwoods Properties Q3 Earnings Flash
- Positive Sentiment: Management raised its 2026 outlook and expects full-year FFO in a range of $3.51 to $3.70 per share, providing a more constructive signal on operating performance. Highwoods Properties 2026 FFO Outlook
- Neutral Sentiment: The earnings-call coverage indicates that investors are evaluating the raised outlook alongside Highwoods’ office-property exposure, leasing trends and financing conditions. These factors remain important to the stock’s valuation even after the quarterly beat. Highwoods Properties Q3 2026 Earnings Call Transcript
- Negative Sentiment: GAAP EPS fell from $0.86 in the year-ago quarter to $0.29, which could temper enthusiasm despite the stronger FFO result. The stock’s lower move therefore appears driven by valuation, sector sentiment or profit-taking rather than a negative quarterly surprise.
Highwoods Properties Company Profile
Highwoods Properties, Inc (NYSE: HIW) is a real estate investment trust that owns, develops, leases and manages primarily office properties. Its portfolio includes office towers, campuses and mixed-use assets designed to serve businesses across a range of industries.
The company focuses on select high-growth markets in the U.S. Sun Belt, including Atlanta, Charlotte, Nashville, Orlando, Raleigh, Richmond and Tampa. In addition to leasing office space, Highwoods provides property management, development and tenant-support services for its buildings and commercial real estate customers.
Highwoods Properties is headquartered in Raleigh, North Carolina.
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