Highwoods Properties (NYSE:HIW) Posts Quarterly Earnings Results

Highwoods Properties (NYSE:HIW) posted its quarterly earnings results on Tuesday. The real estate investment trust reported $0.85 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.85, Zacks reports. Highwoods Properties had a return on equity of 6.05% and a net margin of 17.40%. Highwoods Properties updated its FY 2025 guidance to 3.260-3.440 EPS.

Highwoods Properties Price Performance

HIW stock opened at $29.05 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.41. The stock has a market cap of $3.08 billion, a PE ratio of 21.68 and a beta of 1.24. Highwoods Properties has a 1 year low of $22.60 and a 1 year high of $36.78. The stock has a 50-day moving average price of $30.02 and a two-hundred day moving average price of $31.66.

Highwoods Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.00 annualized dividend and a yield of 6.89%. Highwoods Properties’s dividend payout ratio is currently 149.25%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wells Fargo & Company increased their target price on Highwoods Properties from $32.00 to $35.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Mizuho lifted their price objective on shares of Highwoods Properties from $24.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Robert W. Baird upped their target price on shares of Highwoods Properties from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Finally, Jefferies Financial Group reduced their price target on shares of Highwoods Properties from $35.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $30.86.

Highwoods Properties Company Profile

Highwoods Properties, Inc, headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (REIT) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.