Highwoods Properties (NYSE:HIW) Updates FY 2026 Earnings Guidance

Highwoods Properties (NYSE:HIW) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.460-3.700 for the period, compared to the consensus earnings per share estimate of 3.530. The company issued revenue guidance of -.

Highwoods Properties Stock Performance

NYSE HIW traded down $1.16 during trading on Thursday, reaching $33.24. The company’s stock had a trading volume of 395,642 shares, compared to its average volume of 1,566,567. The business’s fifty day moving average price is $30.03 and its 200-day moving average price is $26.05. Highwoods Properties has a twelve month low of $20.45 and a twelve month high of $35.44. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 21.85 and a beta of 1.07.

Highwoods Properties (NYSE:HIW) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). The company had revenue of $216.38 million for the quarter, compared to analysts’ expectations of $212.15 million. Highwoods Properties had a return on equity of 7.16% and a net margin of 20.74%.The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 EPS. Highwoods Properties has set its FY 2026 guidance at 3.460-3.700 EPS. As a group, analysts anticipate that Highwoods Properties will post 3.53 EPS for the current fiscal year.

Highwoods Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Monday, August 17th. Highwoods Properties’s payout ratio is currently 238.10%.

Highwoods Properties declared that its board has initiated a stock buyback program on Wednesday, April 22nd that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to reacquire up to 9.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have commented on HIW shares. Wells Fargo & Company raised their target price on Highwoods Properties from $24.00 to $26.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Morgan Stanley upped their target price on shares of Highwoods Properties from $23.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Mizuho lifted their price objective on Highwoods Properties from $25.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded Highwoods Properties from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $28.00 price objective on shares of Highwoods Properties in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.00.

Hedge Funds Weigh In On Highwoods Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its holdings in shares of Highwoods Properties by 9.9% in the 4th quarter. Corient Private Wealth LLC now owns 44,286 shares of the real estate investment trust’s stock valued at $1,137,000 after acquiring an additional 3,996 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Highwoods Properties during the 4th quarter worth approximately $2,017,000. Wellington Management Group LLP lifted its holdings in shares of Highwoods Properties by 29.3% in the 4th quarter. Wellington Management Group LLP now owns 419,028 shares of the real estate investment trust’s stock worth $10,819,000 after purchasing an additional 94,858 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in Highwoods Properties during the 4th quarter valued at approximately $5,631,000. Finally, Millennium Management LLC boosted its position in Highwoods Properties by 18.5% during the 4th quarter. Millennium Management LLC now owns 86,845 shares of the real estate investment trust’s stock valued at $2,242,000 after purchasing an additional 13,537 shares during the period. 96.31% of the stock is owned by hedge funds and other institutional investors.

About Highwoods Properties

Highwoods Properties, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.

Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas.