Highwoods Properties Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $22.96
- Today's High:
- $23.435
- Open Price:
- $23.19
- 52W Low:
- $18.5633
- 52W High:
- $29.9074
- Prev. Close:
- $23.24
- Volume:
- 1087200
Company Statistics
- Market Cap.:
- $2.57 billion
- Book Value:
- 23.158
- Revenue TTM:
- $841.16 million
- Operating Margin TTM:
- 28.34%
- Gross Profit TTM:
- $570.66 million
- Profit Margin:
- 18.36%
- Return on Assets TTM:
- 2.54%
- Return on Equity TTM:
- 6.15%
Company Profile
Highwoods Properties Inc had its IPO on 1994-06-07 under the ticker symbol HIW.
The company operates in the Real Estate sector and REIT-Office industry. Highwoods Properties Inc has a staff strength of 345 employees.
Stock update
Shares of Highwoods Properties Inc opened at $23.19 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $22.96 - $23.44, and closed at $23.05.
This is a -0.82% slip from the previous day's closing price.
A total volume of 1,087,200 shares were traded at the close of the day’s session.
In the last one week, shares of Highwoods Properties Inc have slipped by -4.32%.
Highwoods Properties Inc's Key Ratios
Highwoods Properties Inc has a market cap of $2.57 billion, indicating a price to book ratio of 1.2178 and a price to sales ratio of 3.8765.
In the last 12-months Highwoods Properties Inc’s revenue was $841.16 million with a gross profit of $570.66 million and an EBITDA of $485.83 million. The EBITDA ratio measures Highwoods Properties Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Highwoods Properties Inc’s operating margin was 28.34% while its return on assets stood at 2.54% with a return of equity of 6.15%.
In Q2, Highwoods Properties Inc’s quarterly earnings growth was a negative -16.5% while revenue growth was a positive 1.9%.
Highwoods Properties Inc’s PE and PEG Ratio
- Forward PE
- 11.1857
- Trailing PE
- 16.3931
- PEG
- 5.09
Its diluted EPS in the last 12-months stands at $1.45 per share while it has a forward price to earnings multiple of 11.1857 and a PEG multiple of 5.09. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Highwoods Properties Inc’s profitability.
Highwoods Properties Inc stock is trading at a EV to sales ratio of 7.3048 and a EV to EBITDA ratio of 9.2622. Its price to sales ratio in the trailing 12-months stood at 3.8765.
Highwoods Properties Inc stock pays annual dividends of $2 per share, indicating a yield of 8.41% and a payout ratio of 1.5%.
Balance sheet and cash flow metrics
- Total Assets
- $6.03 billion
- Total Liabilities
- $297.60 million
- Operating Cash Flow
- $6.36 million
- Capital Expenditure
- $27.27 million
- Dividend Payout Ratio
- 1.5%
Highwoods Properties Inc ended 2024 with $6.03 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.03 billion while shareholder equity stood at $2.47 billion.
Highwoods Properties Inc ended 2024 with $0 in deferred long-term liabilities, $297.60 million in other current liabilities, 1055000.00 in common stock, $-652436000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $17.01 million and cash and short-term investments were $17.01 million. The company’s total short-term debt was $0 while long-term debt stood at $3.20 billion.
Highwoods Properties Inc’s total current assets stands at $434.81 million while long-term investments were $298.85 million and short-term investments were $0. Its net receivables were $334.22 million compared to accounts payable of $297.60 million and inventory worth $5.35 million.
In 2024, Highwoods Properties Inc's operating cash flow was $6.36 million while its capital expenditure stood at $27.27 million.
Comparatively, Highwoods Properties Inc paid $0.02 in dividends in 2024.
Other key metrics
- Current Trading Price
- $23.05
- 52-Week High
- $29.9074
- 52-Week Low
- $18.5633
- Analyst Target Price
- $27.67
Highwoods Properties Inc stock is currently trading at $23.05 per share. It touched a 52-week high of $29.9074 and a 52-week low of $29.9074. Analysts tracking the stock have a 12-month average target price of $27.67.
Its 50-day moving average was $23.95 and 200-day moving average was $23.97 The short ratio stood at 3.93 indicating a short percent outstanding of 0%.
Around 159.8% of the company’s stock are held by insiders while 10342.5% are held by institutions.
Frequently Asked Questions About Highwoods Properties Inc
Similar Industry Stocks (REIT-Office)
Most Active
Top Gainers
Top Losers
About
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. 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, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.