HIW icon

Highwoods Properties

32.20 USD
-0.01
0.03%
At close Updated Sep 16, 4:00 PM EDT
Pre-market
After hours
32.20
0.00
0%
1 day
-0.03%
5 days
1.39%
1 month
11.53%
3 months
2.19%
6 months
11%
Year to date
5.02%
1 year
-2.78%
5 years
-12.33%
10 years
-17.16%
 

About: Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

Employees: 350

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

325% more call options, than puts

Call options by funds: $5.81M | Put options by funds: $1.37M

77% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 88

33% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 36

8% more capital invested

Capital invested by funds: $3.33B [Q1] → $3.6B (+$272M) [Q2]

3.06% more ownership

Funds ownership: 104.46% [Q1] → 107.52% (+3.06%) [Q2]

2% more funds holding

Funds holding: 333 [Q1] → 338 (+5) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$30
7% downside
Avg. target
$32
2% downside
High target
$33
2% upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Truist Securities
Michael Lewis
$33
Hold
Maintained
3 Sep 2025
Mizuho
Vikram Malhotra
$30
Neutral
Maintained
14 Jul 2025

Financial journalist opinion

Based on 4 articles about HIW published over the past 30 days

Positive
Seeking Alpha
2 days ago
Cool Enough For Cuts
U.S. equity markets climbed to fresh record highs this past week after relatively benign inflation data and weak employment data cleared the path for the Fed to resume rate cuts. While CPI and PPI readings continued to show a modest reacceleration in price pressures from their post-pandemic lows earlier this year, both remained "cool enough" to permit a policy pivot. The Fed is widely expected to cut reference rates by 25 basis points to a 4.25% upper bound, which follows a nine-month "pause" since the last reduction last December.
Cool Enough For Cuts
Positive
Seeking Alpha
23 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Powell Pivot Sparks REIT Rebound
Positive
Zacks Investment Research
25 days ago
Highwoods Concludes Acquisition of Legacy Union Parking Garage
HIW boosts its portfolio by acquiring Legacy Union Parking Garage at 720 South Church Street in Uptown Charlotte.
Highwoods Concludes Acquisition of Legacy Union Parking Garage
Neutral
GlobeNewsWire
26 days ago
Highwoods Acquires Legacy Union Parking Garage at 720 South Church Street in Charlotte
$111.5M Total Investment 3,057 Space Garage Supports 1.2M SF of Existing Highwoods Office 9 Years Weighted Average Contractual Term for Office Users
Highwoods Acquires Legacy Union Parking Garage at 720 South Church Street in Charlotte
Neutral
GlobeNewsWire
1 month ago
Highwoods Recasts Term Loan
RALEIGH, N.C., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of a $200 million unsecured bank term loan by extending the maturity date from May 2026 to January 2029.
Highwoods Recasts Term Loan
Negative
Seeking Alpha
1 month ago
Highwoods Properties: Occupancy Rates Rising, Dampening Dividend Yield Appeal
Highwoods Properties' Sunbelt office focus faces headwinds as occupancy rates decline and core markets like Raleigh and Atlanta see rising vacancies. Despite a 7% dividend yield and strong near-term coverage, falling occupancy, FFO, and free cash flow raise concerns for long-term investors. Debt maturities are manageable through 2025, but refinancing risk grows in 2027-2028 amid higher rates and possible continued occupancy losses.
Highwoods Properties: Occupancy Rates Rising, Dampening Dividend Yield Appeal
Negative
Seeking Alpha
1 month ago
Behind The (Revised) Curve
U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. The BLS payrolls report showed softer-than-expected hiring in July and the steepest two-month downward revisions to jobs growth since 2020, raising concern that the Fed may be "behind the curve." The downward revisions came days after Fed Chair Powell used it as the primary evidence for "solid" labor markets, which justified the FOMC's decision to keep rates in "restrictive" territory.
Behind The (Revised) Curve
Neutral
Seeking Alpha
1 month ago
Highwoods Properties, Inc. (HIW) Q2 2025 Earnings Call Transcript
Highwoods Properties, Inc. (NYSE:HIW ) Q2 2025 Earnings Conference Call July 30, 2025 11:00 AM ET Company Participants u - Corporate Participant r - Corporate Participant e - Corporate Participant s - Corporate Participant L - Corporate Participant e - Corporate Participant s - Corporate Participant a - Corporate Participant a - Corporate Participant c - Corporate Participant R - Corporate Participant h - Corporate Participant e - Corporate Participant v - Corporate Participant Brendan C. Maiorana - Executive VP & CFO Brian M.
Highwoods Properties, Inc. (HIW) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Highwoods Properties (HIW) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Highwoods Properties (HIW) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Highwoods Properties (HIW) Q2 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
1 month ago
Highwoods Properties (HIW) Tops Q2 FFO Estimates
Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.89 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to FFO of $0.98 per share a year ago.
Highwoods Properties (HIW) Tops Q2 FFO Estimates
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