Highwoods Properties (HIW) to Release Quarterly Earnings on Tuesday

Highwoods Properties (NYSE:HIW) is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $201.31 million for the quarter. Highwoods Properties has set its FY 2025 guidance at 3.260-3.440 EPS.

Highwoods Properties (NYSE:HIW) last posted its quarterly 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 net margin of 12.37% and a return on equity of 4.33%. On average, analysts expect Highwoods Properties to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Highwoods Properties Price Performance

Shares of NYSE:HIW opened at $27.13 on Tuesday. The company’s fifty day moving average is $28.34 and its 200 day moving average is $30.40. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.41. Highwoods Properties has a 52 week low of $24.03 and a 52 week high of $36.78. The stock has a market cap of $2.92 billion, a PE ratio of 28.56 and a beta of 1.15.

Highwoods Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date was Tuesday, February 18th. Highwoods Properties’s dividend payout ratio (DPR) is presently 210.53%.

Wall Street Analysts Forecast Growth

HIW has been the subject of several analyst reports. Jefferies Financial Group assumed coverage on shares of Highwoods Properties in a research report on Monday, March 17th. They set a “buy” rating and a $32.00 price target for the company. Mizuho boosted their price objective 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. Truist Financial dropped their target price on shares of Highwoods Properties from $33.00 to $32.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Finally, StockNews.com lowered shares of Highwoods Properties from a “hold” rating to a “sell” rating in a research note on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Highwoods Properties has a consensus rating of “Hold” and a consensus price target of $32.50.

Highwoods Properties Company Profile

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.