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

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

Highwoods Properties Trading Down 1.8 %

Shares of NYSE HIW opened at $28.52 on Thursday. The firm has a market capitalization of $3.02 billion, a PE ratio of 21.28 and a beta of 1.24. Highwoods Properties has a one year low of $22.60 and a one year high of $36.78. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.41. The business has a 50-day moving average price of $29.96 and a two-hundred day moving average price of $31.64.

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 17.40% and a return on equity of 6.05%. As a group, analysts predict that Highwoods Properties will post 3.61 earnings per share for the current fiscal year.

Highwoods Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date is Tuesday, February 18th. Highwoods Properties’s dividend payout ratio (DPR) is presently 149.25%.

Wall Street Analyst Weigh In

A number of brokerages have commented on HIW. Jefferies Financial Group lowered their target price on Highwoods Properties from $35.00 to $31.00 and set a “hold” rating on the stock in a research note on Thursday, January 2nd. Robert W. Baird increased their price target on shares of Highwoods Properties from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Mizuho increased their target price on shares of Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Truist Financial lowered their price target on Highwoods Properties from $33.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company raised their price objective on Highwoods Properties from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $30.71.

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.