Highwoods Properties Inc. (NYSE:HIW) – Research analysts at Capital One Financial Corp. raised their Q2 2017 EPS estimates for Highwoods Properties in a note issued to investors on Sunday. Capital One Financial Corp. analyst T. Lesnick now forecasts that the brokerage will post earnings of $0.86 per share for the quarter, up from their prior forecast of $0.85. Capital One Financial Corp. currently has a “Equal Weight” rating on the stock. Capital One Financial Corp. also issued estimates for Highwoods Properties’ FY2017 earnings at $3.40 EPS.
Several other equities research analysts have also issued reports on the stock. SunTrust Banks Inc. increased their price objective on shares of Highwoods Properties from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, July 15th. Citigroup Inc. increased their price objective on shares of Highwoods Properties from $47.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, July 7th. Morgan Stanley lowered shares of Highwoods Properties from an “overweight” rating to an “equal” rating and increased their price objective for the stock from $47.00 to $50.00 in a research report on Thursday, May 12th. Finally, Jefferies Group downgraded shares of Highwoods Properties from a “buy” rating to a “hold” rating and upped their target price for the company from $49.00 to $50.00 in a research note on Friday, April 22nd. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $49.75.
Highwoods Properties (NYSE:HIW) traded down 0.763% on Wednesday, reaching $53.995. 509,632 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $51.67 and its 200 day moving average price is $47.01. The firm has a market capitalization of $5.26 billion and a price-to-earnings ratio of 10.117. Highwoods Properties has a 1-year low of $36.57 and a 1-year high of $54.57.
Highwoods Properties, Inc is a real estate investment trust. The Company provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. The Company is engaged in the business of operation, acquisition and development of real estate properties.