Somewhat Positive News Coverage Somewhat Unlikely to Impact Highwoods Properties (NYSE:HIW) Stock Price

Media headlines about Highwoods Properties (NYSE:HIW) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Highwoods Properties earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 48.1178268797493 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have impacted Accern’s analysis:

How to Become a New Pot Stock Millionaire

Several analysts recently commented on HIW shares. ValuEngine raised shares of Highwoods Properties from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. SunTrust Banks raised shares of Highwoods Properties from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Friday, March 9th. They noted that the move was a valuation call. Stifel Nicolaus dropped their price objective on shares of Highwoods Properties from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, Zacks Investment Research cut shares of Highwoods Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Highwoods Properties has an average rating of “Hold” and a consensus target price of $51.67.

Shares of Highwoods Properties (NYSE HIW) traded up $0.34 during trading hours on Thursday, hitting $43.81. 824,692 shares of the stock traded hands, compared to its average volume of 721,265. The firm has a market cap of $4,348.26, a PE ratio of 24.56, a PEG ratio of 4.17 and a beta of 0.80. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.91. Highwoods Properties has a one year low of $41.34 and a one year high of $53.34.

Highwoods Properties (NYSE:HIW) last released its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.28). The company had revenue of $175.86 million for the quarter, compared to analyst estimates of $177.14 million. Highwoods Properties had a return on equity of 8.46% and a net margin of 26.20%. sell-side analysts forecast that Highwoods Properties will post 3.42 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 6th. Investors of record on Tuesday, February 20th were given a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a yield of 4.22%. This is a boost from Highwoods Properties’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, February 16th. Highwoods Properties’s dividend payout ratio is currently 104.52%.

TRADEMARK VIOLATION WARNING: This piece of content was reported by BBNS and is the property of of BBNS. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international trademark and copyright laws. The correct version of this piece of content can be viewed at https://baseballnewssource.com/2018/03/29/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-highwoods-properties-hiw-share-price-2/1970634.html.

About Highwoods Properties

Highwoods Properties, Inc is an office real estate investment trust (REIT). The Company’s primary business is the operation, acquisition and development of office properties. The Company’s segments include Office and Other. The Company owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Insider Buying and Selling by Quarter for Highwoods Properties (NYSE:HIW)

Receive News & Ratings for Highwoods Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highwoods Properties and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL
Ohtani Goes Deep in Third Straight Game for Angels
Ohtani Goes Deep in Third Straight Game for Angels
Charlie Blackmon Agrees to Contract Extension with Colorado Rockies
Charlie Blackmon Agrees to Contract Extension with Colorado Rockies


Leave a Reply

 
© 2006-2018 BBNS.