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

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

Analysts Set New Price Targets

HIW has been the topic of a number of recent research reports. Wells Fargo & Company upped their price objective on Highwoods Properties from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. Mizuho raised their target price on shares of Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Jefferies Financial Group lowered their price target on shares of Highwoods Properties from $35.00 to $31.00 and set a “hold” rating for the company in a research report on Thursday, January 2nd. Finally, Robert W. Baird increased their price objective 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $30.86.

Highwoods Properties Stock Performance

HIW traded down $1.02 during midday trading on Wednesday, hitting $28.03. 162,352 shares of the company were exchanged, compared to its average volume of 838,254. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 20.89 and a beta of 1.24. The company’s 50 day simple moving average is $30.02 and its 200 day simple moving average is $31.66. 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 1-year low of $22.60 and a 1-year high of $36.78.

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

Highwoods Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders 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 dividend on an annualized basis and a dividend yield of 7.14%. Highwoods Properties’s dividend payout ratio (DPR) is currently 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.