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

Highwoods Properties (NYSE:HIW) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 -.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HIW. Wells Fargo & Company lifted their target price on shares of Highwoods Properties from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Monday, November 4th. Jefferies Financial Group dropped their price objective 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 raised their target price on Highwoods Properties from $30.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Finally, Mizuho boosted their price target on Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $30.86.

Highwoods Properties Stock Up 0.5 %

HIW stock traded up $0.16 during trading on Tuesday, reaching $29.05. 1,361,704 shares of the stock were exchanged, compared to its average volume of 865,122. The firm’s 50 day moving average is $30.06 and its 200 day moving average is $31.67. The firm 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 current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.41. Highwoods Properties has a twelve month low of $22.60 and a twelve month high of $36.78.

Highwoods Properties (NYSE:HIW) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $0.85 earnings per share (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%. As a group, research analysts forecast that Highwoods Properties will post 3.61 EPS for the current year.

Highwoods Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.89%. The ex-dividend date of this dividend is Tuesday, February 18th. Highwoods Properties’s payout ratio is presently 149.25%.

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.