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

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

Highwoods Properties Trading Up 0.5 %

Shares of HIW stock traded up $0.16 on Tuesday, reaching $29.05. 1,361,704 shares of the stock were exchanged, compared to its average volume of 865,121. The stock has a market cap of $3.08 billion, a P/E ratio of 21.68 and a beta of 1.24. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.41. The firm has a 50 day moving average of $30.06 and a two-hundred day moving average of $31.67. Highwoods Properties has a 1-year low of $22.60 and a 1-year high of $36.78.

Highwoods Properties (NYSE:HIW) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $0.85 EPS for the quarter, hitting analysts’ consensus estimates of $0.85. Highwoods Properties had a return on equity of 6.05% and a net margin of 17.40%. On average, research analysts anticipate that Highwoods Properties will post 3.61 EPS for the current year.

Highwoods Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.00 annualized dividend and a yield of 6.89%. Highwoods Properties’s dividend payout ratio is currently 149.25%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wells Fargo & Company increased their price target on Highwoods Properties from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. Mizuho increased their price target on Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Robert W. Baird raised their target price on Highwoods Properties from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Finally, Jefferies Financial Group lowered their target price on Highwoods Properties from $35.00 to $31.00 and set a “hold” rating for the company in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.86.

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.