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

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

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Robert W. Baird increased their target price on Highwoods Properties from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Jefferies Financial Group reduced 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. 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. Finally, 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 report on Tuesday, January 7th. One research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $30.86.

Highwoods Properties Stock Down 3.5 %

Shares of HIW traded down $1.02 during mid-day trading on Wednesday, reaching $28.03. The company’s stock had a trading volume of 162,352 shares, compared to its average volume of 838,254. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.31 and a quick ratio of 1.31. Highwoods Properties has a 12-month low of $22.60 and a 12-month high of $36.78. The company’s 50 day moving average is $30.02 and its 200 day moving average is $31.66. The stock has a market cap of $2.97 billion, a PE ratio of 20.89 and a beta of 1.24.

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 for the quarter, meeting analysts’ consensus estimates of $0.85. Highwoods Properties had a net margin of 17.40% and a return on equity of 6.05%. Equities analysts anticipate that Highwoods Properties will post 3.61 EPS for the current fiscal 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 issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.14%. Highwoods Properties’s payout ratio is 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.