Highwoods Properties (NYSE:HIW) Updates FY 2025 Earnings Guidance

Highwoods Properties (NYSE:HIW) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.260-3.440 for the period, compared to the consensus estimate of 3.410. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

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

Highwoods Properties Price Performance

Shares of NYSE HIW traded up $0.16 during midday trading on Tuesday, hitting $29.05. 1,361,704 shares of the company’s stock were exchanged, compared to its average volume of 865,122. The business’s fifty day moving average price is $30.06 and its two-hundred day moving average price is $31.67. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 21.68 and a beta of 1.24. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.41. Highwoods Properties has a 12-month low of $22.60 and a 12-month high of $36.78.

Highwoods Properties (NYSE:HIW) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.85. Highwoods Properties had a net margin of 17.40% and a return on equity of 6.05%. As a group, research analysts forecast that Highwoods Properties will post 3.61 EPS for the current fiscal year.

Highwoods Properties Dividend Announcement

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

About Highwoods Properties

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.