Highwoods Properties
HIW
Market cap $2.88B

27.13 USD

-0.78

2.79%

At close Apr 4, 4:00 PM EDT

1 day

-2.79%

5 days

-6.99%

1 month

-3.38%

3 months

-9.29%

6 months

-17.41%

Year to date

-11.51%

1 year

11.46%

5 years

-19.90%

10 years

-42.25%

About: Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

Employees: 349

Real Estate Office REIT

0

Funds holding %

of 7,398 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,087% more call options, than puts

Call options by funds: $11.3M | Put options by funds: $951K

20% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 40

18% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 105

1% more funds holding

Funds holding: 322 [Q3] → 325 (+3) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

1.76% less ownership

Funds ownership: 104.41% [Q3] → 102.64% (-1.76%) [Q4]

10% less capital invested

Capital invested by funds: $3.71B [Q3] → $3.33B (-$383M) [Q4]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$29

7%

upside

Avg. target

$31

14%

upside

High target

$32

18%

upside

3 analyst ratings

2 positive

67%

1 neutral

33%

0 negative

0%

Jefferies Peter Abramowitz 35% 1-year accuracy 6 / 17 met price target	18%upside $32	Buy Initiated	17 Mar 2025
Truist Securities Michael Lewis 68% 1-year accuracy 23 / 34 met price target	18%upside $32	Buy Maintained	13 Feb 2025
Mizuho Vikram Malhotra 40% 1-year accuracy 4 / 10 met price target	7%upside $29	Neutral Maintained	7 Jan 2025

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about HIW published over the past 30 days

Highwoods to Release First Quarter 2025 Results Tuesday, April 29th

RALEIGH, N.C., April 01, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its first quarter 2025 results on Tuesday, April 29th, after the market closes.

Highwoods to Release First Quarter 2025 Results Tuesday, April 29th

Certainly Uncertain

US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the looming April 2nd unveiling of reciprocal tariffs, investors were relieved by FOMC projections showing that 11-of-19 policy markets still expect at least two rate cuts this year. Disappointing retail sales data indicated that economic uncertainty is beginning to affect real-world consumer behavior. Housing market data was relatively solid, however, sparking an upward revision to the GDPNow forecast.

Certainly Uncertain

Zacks Investment Research

Highwoods Concludes Property Acquisition in Raleigh for $138M

HIW boosts its portfolio by acquiring Advance Auto Parts Tower, a class AA property in Raleigh's mixed-use North Hills BBD.

Highwoods Concludes Property Acquisition in Raleigh for $138M

Highwoods Closes $138 Million Acquisition of Advance Auto Parts Tower in Raleigh

RALEIGH, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of Advance Auto Parts Tower in the heart of Raleigh's vibrant mixed-use North Hills Best Business District for a total investment of $138 million.

Highwoods Closes $138 Million Acquisition of Advance Auto Parts Tower in Raleigh

Highwoods Properties: Short-Term Headwinds Could Last Longer Than Anticipated (Rating Downgrade)

Highwoods Properties is downgraded to a hold due to economic uncertainty and potential prolonged headwinds impacting financials and occupancy rates. Despite solid property locations and a compelling valuation, declining FFO, tight dividend coverage, and disappointing 2025 outlook warrant caution. Management's confidence in their pipeline and balance sheet strength offers some optimism, but increased investment activity is needed for a future upgrade.

Highwoods Properties: Short-Term Headwinds Could Last Longer Than Anticipated (Rating Downgrade)

Zacks Investment Research

Should You Retain Highwoods Properties Stock in Your Portfolio Now?

HIW to gain from growing demand for high-quality offices and strategic portfolio rebalancing efforts. High competition and interest expenses are concerns.

Should You Retain Highwoods Properties Stock in Your Portfolio Now?

Demographic Trends Shaping REIT Portfolio Construction

Demographic shifts, including an aging population and migration trends, are key drivers of REIT performance, influencing sector allocations and investment strategies. Chilton focuses on single-family rental (SFR) and healthcare REITs, with targeted exposure to multifamily REITs in coastal and Sun Belt markets. The aging population boosts demand for senior housing and medical outpatient buildings, benefiting REITs like Welltower, Ventas, and American Healthcare REIT.

Demographic Trends Shaping REIT Portfolio Construction

Zacks Investment Research

Highwoods Agrees to Buy AA Property to Expand Footprint in Raleigh

Highwoods Properties, Inc. HIW recently announced that it has agreed to acquire Advance Auto Parts Tower, a 20-story, Class AA office tower. The property, spanning around 346,000 square feet, is located in Raleigh's mixed-use North Hills Best Business District (“BBD”).

Highwoods Agrees to Buy AA Property to Expand Footprint in Raleigh

Highwoods Agrees to Acquire Advance Auto Parts Tower in Raleigh

346,000 Square Feet,100% Leased Adjacent to Highwoods-Owned CAPTRUST Tower in North Hills Closing Scheduled for Next 30 Days RALEIGH, N.C., March 03, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today reported it has agreed to acquire Advance Auto Parts Tower, a 20-story, Class AA office tower located in the heart of Raleigh's vibrant mixed-use North Hills Best Business District (BBD).

Highwoods Agrees to Acquire Advance Auto Parts Tower in Raleigh

Buried Treasures: 4 Dramatically Undervalued REITs

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.

Buried Treasures: 4 Dramatically Undervalued REITs

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