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 EPS estimate of 3.530. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Highwoods Properties from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 9th. Truist Financial increased their target price on Highwoods Properties from $23.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Mizuho lifted their price target on Highwoods Properties from $25.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $28.00 price target on shares of Highwoods Properties in a report on Thursday, May 14th. Finally, Morgan Stanley boosted their price target on Highwoods Properties from $23.00 to $35.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $30.00.

Highwoods Properties Stock Performance

NYSE HIW traded down $0.23 during trading on Tuesday, reaching $33.62. The company’s stock had a trading volume of 1,757,857 shares, compared to its average volume of 1,559,179. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.46. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 40.02 and a beta of 1.07. Highwoods Properties has a 12 month low of $20.45 and a 12 month high of $34.03. The firm has a 50 day moving average price of $29.68 and a 200 day moving average price of $25.95.

Highwoods Properties (NYSE:HIW) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.16 by $0.13. Highwoods Properties had a net margin of 11.64% and a return on equity of 3.97%. The company had revenue of $214.03 million for the quarter, compared to analysts’ expectations of $209.06 million. During the same period last year, the firm earned $0.83 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, equities analysts anticipate that Highwoods Properties will post 3.53 EPS for the current fiscal year.

Highwoods Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Monday, August 17th. Highwoods Properties’s dividend payout ratio (DPR) is 238.10%.

Highwoods Properties declared that its board has approved a share buyback program on Wednesday, April 22nd that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 9.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Highwoods Properties

Several large investors have recently modified their holdings of HIW. Caitong International Asset Management Co. Ltd raised its stake in Highwoods Properties by 88.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 792 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 372 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Highwoods Properties by 292.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 1,252 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Highwoods Properties by 97.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,242 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 1,106 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Highwoods Properties by 562.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,552 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 2,167 shares during the period. Finally, Quarry LP increased its holdings in Highwoods Properties by 683.6% in the 4th quarter. Quarry LP now owns 4,098 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 3,575 shares during the period. 96.31% of the stock is owned by institutional investors and hedge funds.

Highwoods Properties Company Profile

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.