Highwoods Properties (HIW) to Release Quarterly Earnings on Tuesday

Highwoods Properties (NYSE:HIW) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect Highwoods Properties to post earnings of $0.82 per share and revenue of $201.31 million for the quarter. Highwoods Properties has set its FY 2025 guidance at 3.260-3.440 EPS.

Highwoods Properties (NYSE:HIW) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. Highwoods Properties had a net margin of 12.37% and a return on equity of 4.33%. On average, analysts expect Highwoods Properties to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Highwoods Properties Price Performance

Shares of NYSE HIW opened at $27.13 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50-day moving average of $28.34 and a 200-day moving average of $30.40. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 28.56 and a beta of 1.15. Highwoods Properties has a fifty-two week low of $24.03 and a fifty-two week high of $36.78.

Highwoods Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 7.37%. The ex-dividend date was Tuesday, February 18th. Highwoods Properties’s payout ratio is 210.53%.

Analyst Ratings Changes

HIW has been the topic of a number of recent analyst reports. StockNews.com cut Highwoods Properties from a “hold” rating to a “sell” rating in a research report on Thursday, April 3rd. Mizuho upped their price objective on shares of Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Jefferies Financial Group began coverage on Highwoods Properties in a report on Monday, March 17th. They set a “buy” rating and a $32.00 price target on the stock. Finally, Truist Financial cut their price objective on shares of Highwoods Properties from $33.00 to $32.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Highwoods Properties currently has a consensus rating of “Hold” and a consensus price target of $32.50.

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.