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

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group dropped their price objective on Highwoods Properties from $35.00 to $31.00 and set a “hold” rating for the company in a research note on Thursday, January 2nd. Robert W. Baird lifted their price objective on Highwoods Properties from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Mizuho lifted their price objective on Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company lifted their target price on Highwoods Properties from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $30.86.

Highwoods Properties Stock Up 0.5 %

NYSE:HIW traded up $0.16 during midday trading on Tuesday, reaching $29.05. The company had a trading volume of 1,361,704 shares, compared to its average volume of 865,121. The firm has a market capitalization of $3.08 billion, a price-to-earnings 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. The stock’s fifty day simple moving average is $30.06 and its 200-day simple moving average is $31.67. Highwoods Properties has a 12-month low of $22.60 and a 12-month high of $36.78.

Highwoods Properties (NYSE:HIW) last announced its quarterly 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%. On average, sell-side analysts anticipate that Highwoods Properties will post 3.61 earnings per share for the current fiscal year.

Highwoods Properties Announces Dividend

The company 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 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend is Tuesday, February 18th. Highwoods Properties’s dividend payout ratio (DPR) is currently 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.