Highwoods Properties (HIW) Stock Price

Highwoods Properties Price

NYSE·CLOSED
31.51USD-0.31 (-0.98 %)
Market closed

Revenue has compounded at 3.5% per year over the past 19 years to 806.11 M USD. Earnings per share have grown at 2.2% per year over the last 19 years. Highwoods Properties's net margin stands at 19.8%, down from 40.8% several years earlier. Highwoods Properties currently offers a dividend yield of about 6.35%. The payout ratio is around 138% of earnings. The dividend has grown at 0.9% per year over the past 19 years. Analysts set a median price target of 30.60 USD, implying 2.9% below the current price. Of 14 analysts, 5 rate the stock a buy — an overall Hold consensus. Over the past year Highwoods Properties shares have gained 9.1%. The stock trades about 53% above its 52-week low.

Highwoods Properties stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Highwoods Properties over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Highwoods Properties stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Highwoods Properties's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Highwoods Properties Stock Price History
DateHighwoods Properties Price
8/14/202631.51 USD
8/13/202631.82 USD
8/12/202631.33 USD
8/11/202630.85 USD
8/10/202630.79 USD
8/7/202631.45 USD
8/6/202631.48 USD
8/5/202632.44 USD
8/4/202633.14 USD
8/3/202633.32 USD
7/31/202633.13 USD
7/30/202633.80 USD
7/29/202635.16 USD
7/27/202633.86 USD
7/23/202632.78 USD
7/22/202632.50 USD
7/21/202633.08 USD
7/20/202632.97 USD
7/17/202633.32 USD
7/16/202633.41 USD
7/15/202632.36 USD
7/14/202632.09 USD
7/13/202631.24 USD
7/10/202631.22 USD
7/9/202631.55 USD
7/8/202631.59 USD
7/7/202632.09 USD
7/6/202632.04 USD
7/2/202631.86 USD
7/1/202630.91 USD
6/30/202630.16 USD
6/29/202629.82 USD
6/26/202629.90 USD
6/25/202629.22 USD
6/24/202628.91 USD
6/23/202629.53 USD
6/22/202629.65 USD
6/18/202629.18 USD
6/17/202629.32 USD
6/16/202629.64 USD
6/15/202629.50 USD
6/12/202630.05 USD
6/11/202630.29 USD
6/10/202629.86 USD
6/9/202629.80 USD
6/8/202628.49 USD
6/5/202627.56 USD
6/4/202627.78 USD
6/3/202626.80 USD
6/2/202626.72 USD
6/1/202626.42 USD
5/29/202626.34 USD
5/28/202626.10 USD
5/27/202626.23 USD
5/26/202625.93 USD
5/22/202625.70 USD
5/21/202625.29 USD
5/20/202625.30 USD
5/19/202625.18 USD
5/18/202625.72 USD
5/15/202625.47 USD
5/14/202626.21 USD
5/13/202626.04 USD
5/12/202625.56 USD
5/11/202625.41 USD
5/8/202625.42 USD
5/7/202625.57 USD
5/6/202625.82 USD
5/5/202625.10 USD
5/4/202624.46 USD
5/1/202624.71 USD
4/30/202624.31 USD
4/29/202623.73 USD
4/28/202624.92 USD
4/27/202624.08 USD
4/24/202623.89 USD
4/23/202623.66 USD
4/22/202623.74 USD
4/21/202623.88 USD
4/20/202624.10 USD
4/17/202623.56 USD
4/16/202623.09 USD
4/15/202623.18 USD
4/14/202622.84 USD
4/13/202622.51 USD
4/10/202622.42 USD
4/9/202621.81 USD
4/8/202622.22 USD
4/7/202621.56 USD
4/6/202621.59 USD
4/2/202621.43 USD
4/1/202621.42 USD
3/31/202621.41 USD
3/30/202620.90 USD
3/27/202620.58 USD
3/26/202621.05 USD
3/25/202621.05 USD
3/24/202621.12 USD
3/23/202621.06 USD
3/22/202621.25 USD
3/20/202620.60 USD
3/19/202620.60 USD
3/18/202621.59 USD
3/17/202621.53 USD
3/16/202621.79 USD
3/15/202621.46 USD
3/13/202621.45 USD
3/12/202621.45 USD
3/11/202621.57 USD
3/10/202621.81 USD
3/9/202622.30 USD
3/8/202621.96 USD
3/6/202622.14 USD
3/5/202622.14 USD
3/4/202622.97 USD
3/3/202623.19 USD
3/2/202622.57 USD
3/1/202622.62 USD
2/27/202622.49 USD
2/26/202622.49 USD
2/25/202623.42 USD
2/24/202623.16 USD
2/23/202623.07 USD
2/22/202622.91 USD
2/20/202623.46 USD
2/19/202623.46 USD
2/18/202623.52 USD
2/17/202623.11 USD
2/16/202622.95 USD
2/13/202623.12 USD
2/12/202623.12 USD
2/11/202622.03 USD
2/10/202623.35 USD
2/9/202625.99 USD
2/8/202625.80 USD
2/6/202626.01 USD
2/5/202626.01 USD
2/4/202625.97 USD
2/3/202625.99 USD
2/2/202625.59 USD
2/1/202625.27 USD
1/30/202625.85 USD
1/29/202625.85 USD
1/28/202625.89 USD
1/27/202625.47 USD
1/26/202626.28 USD
1/25/202626.22 USD
1/23/202626.35 USD
1/22/202626.35 USD
1/21/202626.71 USD
1/20/202627.07 USD
1/19/202627.07 USD
1/16/202627.54 USD
1/15/202627.54 USD
1/14/202627.20 USD
1/13/202626.80 USD
1/12/202626.89 USD
1/11/202627.24 USD
1/9/202627.25 USD
1/8/202627.25 USD
1/7/202627.49 USD
1/6/202626.42 USD
1/5/202626.61 USD
1/4/202625.61 USD
1/2/202625.88 USD
1/1/202625.88 USD
12/31/202525.82 USD
12/30/202525.82 USD
12/29/202526.05 USD
12/28/202525.93 USD
12/26/202525.59 USD
12/25/202525.59 USD
12/24/202525.62 USD
12/23/202525.62 USD
12/22/202525.53 USD
12/21/202525.53 USD
12/19/202525.40 USD
12/18/202525.40 USD
12/17/202525.51 USD
12/16/202525.62 USD
12/15/202525.64 USD
12/14/202525.85 USD
12/12/202525.86 USD
12/11/202525.86 USD
12/10/202526.06 USD
12/9/202526.05 USD
12/8/202525.56 USD
12/7/202525.64 USD
12/5/202526.03 USD
12/4/202526.03 USD
12/3/202526.55 USD
12/2/202527.15 USD
12/1/202527.34 USD
11/30/202527.51 USD
11/28/202527.80 USD
11/27/202527.80 USD
11/26/202527.88 USD
11/25/202527.88 USD
11/24/202527.56 USD
11/23/202527.16 USD
11/21/202527.29 USD
11/20/202527.29 USD
11/19/202527.18 USD
11/18/202527.50 USD
11/17/202528.08 USD
11/16/202527.80 USD
11/14/202529.14 USD
11/13/202529.14 USD
11/12/202529.00 USD
11/11/202529.03 USD
11/10/202529.25 USD
11/9/202528.76 USD
11/7/202529.36 USD
11/6/202529.36 USD
11/5/202528.74 USD
11/4/202528.76 USD
11/3/202528.47 USD
11/2/202528.53 USD
10/31/202528.63 USD
10/30/202528.63 USD
10/29/202528.64 USD
10/28/202528.41 USD
10/27/202529.52 USD
10/26/202529.57 USD
10/23/202529.73 USD
10/22/202529.64 USD
10/21/202529.56 USD
10/20/202529.58 USD
10/19/202529.79 USD
10/16/202530.04 USD
10/15/202529.72 USD
10/14/202530.14 USD
10/13/202529.90 USD
10/12/202529.69 USD
10/9/202530.29 USD
10/8/202530.94 USD
10/7/202531.58 USD
10/6/202531.74 USD
10/5/202532.10 USD
10/2/202532.44 USD
10/1/202532.20 USD
9/30/202532.06 USD
9/29/202531.82 USD
9/28/202531.23 USD
9/25/202531.30 USD
9/24/202531.04 USD
9/23/202531.32 USD
9/22/202531.73 USD
9/21/202531.90 USD
9/18/202531.66 USD
9/17/202532.17 USD
9/16/202531.81 USD
9/15/202532.20 USD
9/14/202532.21 USD
9/11/202532.39 USD
9/10/202532.32 USD
9/9/202531.81 USD
9/8/202531.79 USD
9/7/202531.90 USD
9/4/202531.85 USD
9/3/202531.29 USD
9/2/202531.10 USD
9/1/202531.27 USD
8/28/202531.53 USD
8/27/202531.10 USD
8/26/202530.81 USD
8/25/202529.96 USD
8/24/202530.07 USD
8/21/202529.89 USD
8/20/202529.21 USD
8/19/202529.29 USD
8/18/202529.49 USD
Access this data via the Eulerpool API

Highwoods Properties Revenue, FFO, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
FFO
Net Income
Details
Date
Revenue
FFO
Net Income
Jan 1, 2023
834.00 M USD
454.28 M USD
148.72 M USD
Jan 1, 2024
825.86 M USD
403.30 M USD
102.25 M USD
Jan 1, 2025
806.11 M USD
295.03 M USD
159.61 M USD
Jan 1, 2026 (e)
863.81 M USD
0.00 USD
65.24 M USD
Jan 1, 2027 (e)
889.17 M USD
0.00 USD
77.40 M USD
Jan 1, 2028 (e)
803.21 M USD
0.00 USD
88.46 M USD
Jan 1, 2029 (e)
926.10 M USD
0.00 USD
96.20 M USD
Jan 1, 2030 (e)
983.56 M USD
0.00 USD
0.00 USD

Highwoods Properties Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 18, 2026, 9:24 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
604.00665.00702.00720.00735.00736.00768.00828.00833.00825.00806.00863.00889.00803.00926.00983.00
-0.6610.105.562.562.080.144.357.810.60-0.96-2.307.073.01-9.6715.326.16
64.2465.2666.2466.2566.2668.6169.1468.7267.8367.0367.4967.4967.4967.4967.4967.49
388.00434.00465.00477.00487.00505.00531.00569.00565.00553.00544.00582.47600.02541.98624.99663.46
149.00176.00198.00207.00188.00303.00317.00239.00222.00212.00209.00325.00337.00304.00351.00373.00
24.6726.4728.2128.7525.5841.1741.2828.8626.6525.7025.9337.6637.9137.8637.9037.95
97.00524.00185.00171.00136.00347.00313.00159.00148.00102.00159.0065.0077.0088.0096.00
-11.82440.21-64.69-7.57-20.47155.15-9.80-49.20-6.92-31.0855.88-59.1218.4614.299.09
1.702.501.761.851.901.921.962.002.002.002.002.002.022.03
-20.1947.06-29.605.112.701.052.082.041.000.50
96.37101.74103.32103.60103.81103.90107.14105.21105.71107.62109.91109.91109.91109.91109.91109.91
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Highwoods Properties generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Highwoods Properties retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Highwoods Properties's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Highwoods Properties has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Highwoods Properties's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Highwoods Properties stock margins

The Highwoods Properties margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Highwoods Properties. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Highwoods Properties.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
69.21 %
41.36 %
40.79 %
Jan 1, 2022
68.66 %
28.86 %
19.19 %
Jan 1, 2023
67.77 %
26.73 %
17.83 %
Jan 1, 2024
67.04 %
25.76 %
12.38 %
Jan 1, 2025
67.58 %
25.99 %
19.80 %
Jan 1, 2026 (e)
67.58 %
37.72 %
7.55 %
Jan 1, 2027 (e)
67.58 %
37.91 %
8.70 %
Jan 1, 2028 (e)
67.58 %
37.97 %
11.01 %

Highwoods Properties Stock Revenue, EBIT, Earnings per Share

The Highwoods Properties earnings per share therefore indicates how much revenue Highwoods Properties has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
7.17 USD
2.96 USD
2.92 USD
Jan 1, 2022
7.88 USD
2.27 USD
1.51 USD
Jan 1, 2023
7.89 USD
2.11 USD
1.41 USD
Jan 1, 2024
7.67 USD
1.98 USD
0.95 USD
Jan 1, 2025
7.33 USD
1.91 USD
1.45 USD
Jan 1, 2026 (e)
7.81 USD
2.96 USD
0.59 USD
Jan 1, 2027 (e)
8.04 USD
3.07 USD
0.70 USD
Jan 1, 2028 (e)
7.26 USD
2.77 USD
0.80 USD

Highwoods Properties business model & stock analysis

Highwoods Properties Inc. is a Real Estate Investment Trust (REIT) focused on the acquisition, development, leasing, and sale of office and industrial properties in the USA. It was founded in 1978 by Ronald Gibson and Lewis Leeper and is headquartered in Raleigh, North Carolina. Consisting of a diversified portfolio of properties, the company started as a small business renting office buildings in North Carolina and Florida. In the 1980s and 1990s, it expanded through the acquisition of industrial and office properties in various cities in the USA. In the 2000s, Highwoods shifted its focus to acquiring and developing office properties in the "Sun Belt" states of Florida, Georgia, North Carolina, and South Carolina. Operating as a REIT, Highwoods is obligated to distribute at least 90% of its annual net earnings as dividends to shareholders. Its business strategy aims to create stable cash flows and long-term value appreciation for investors. Highwoods Properties is divided into different sectors specializing in various types of buildings and clients. The main sectors include office properties and industrial properties. The company offers a range of products tailored to the needs of different clients, including standard offices, executive offices, coworking spaces, and industrial buildings. It also provides specialized properties such as medical offices, data centers, and retail spaces. Overall, Highwoods Properties Inc. is an established real estate company specializing in office and industrial properties in the USA. With a diversified portfolio and a focus on generating stable cash flows and long-term value appreciation, it aims to meet the needs of a wide range of clients.

Highwoods Properties SWOT Analysis

Strengths

Highwoods Properties Inc. holds a prominent position in the real estate market, with a significant portfolio of properties and a strong brand presence.

The company owns and operates a diverse range of commercial properties, including office, industrial, and retail spaces. This diversity helps in mitigating risks and ensures stable revenue streams.

Highwoods Properties Inc. maintains a strong financial position, with a solid balance sheet, healthy cash flow, and access to capital markets. This stability provides them with flexibility for growth and investment opportunities.

Weaknesses

The company's properties are primarily located in select regions, which exposes them to regional economic risks and potential downturns in those markets.

Highwoods Properties Inc. heavily relies on rental income, making them vulnerable to economic fluctuations and changes in the real estate market. Any decline in occupancy rates or rental rates can impact their financial performance.

Opportunities

The company can explore growth opportunities by expanding into new geographic markets, diversifying their portfolio, and tapping into emerging sectors or high-growth regions.

With the increasing focus on sustainability, Highwoods Properties Inc. can capitalize on the growing demand for green buildings and invest in environmentally-friendly initiatives to attract environmentally-conscious tenants.

Threats

Fluctuations in the economy, including recessions or economic downturns, can adversely impact the overall real estate market, potentially leading to reduced demand, lower rental rates, and increased vacancy rates.

Highwoods Properties Inc. faces competition from other real estate companies operating in the same markets. Intense competition can limit their market share, affect occupancy rates, and put pressure on rental pricing.

Highwoods Properties Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Highwoods Properties Employees
Details
Date
Highwoods Properties Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Highwoods Properties Segments

Highwoods Properties Revenue by Segment

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Office Total Segment
Total Reportable Segment
Office Raleigh, NC
Office Nashville, TN
Office Atlanta, GA
Office Tampa, FL
Office Charlotte, NC
Office Pittsburgh, PA
Office Orlando, FL
Other Segment
Office Richmond, VA
Office Memphis, TN
Office Greensboro, NC
Details
Date
Office Total Segment
Total Reportable Segment
Office Raleigh, NC
Office Nashville, TN
Office Atlanta, GA
Office Tampa, FL
Office Charlotte, NC
Office Pittsburgh, PA
Office Orlando, FL
Other Segment
Office Richmond, VA
Office Memphis, TN
Total Retail Segment
Retail Kansas City, MO
Industrial Total Segment
Office Greensboro, NC
Office Piedmont Triad, NC
Industrial Atlanta, GA
Office Kansas City, MO
Office Greenville, SC
Industrial Piedmont Triad, NC
Residential Kansas City, MO
Total Residential Segment
Retail Raleigh, NC
Retail Piedmont Triad, NC
Jan 1, 2018
707.16 M USD
0.00 USD
118.35 M USD
121.84 M USD
141.34 M USD
102.40 M USD
0.00 USD
61.18 M USD
53.77 M USD
12.88 M USD
45.73 M USD
40.23 M USD
0.00 USD
0.00 USD
0.00 USD
22.32 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
722.91 M USD
0.00 USD
122.17 M USD
133.87 M USD
151.28 M USD
86.43 M USD
4.65 M USD
60.76 M USD
52.68 M USD
13.07 M USD
49.43 M USD
39.49 M USD
0.00 USD
0.00 USD
0.00 USD
22.15 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
704.29 M USD
0.00 USD
128.19 M USD
138.09 M USD
146.70 M USD
99.52 M USD
35.73 M USD
58.52 M USD
49.46 M USD
32.61 M USD
48.08 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
757.30 M USD
0.00 USD
162.12 M USD
149.67 M USD
143.61 M USD
97.95 M USD
49.35 M USD
57.37 M USD
51.28 M USD
10.71 M USD
45.94 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
767.57 M USD
0.00 USD
182.99 M USD
174.34 M USD
143.90 M USD
94.73 M USD
73.72 M USD
0.00 USD
54.80 M USD
61.36 M USD
43.08 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
776.83 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
57.17 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
769.08 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
56.78 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
757.05 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
49.06 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Highwoods Properties Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Highwoods Properties historical P/E ratio, EBIT multiple, and P/S ratio

Highwoods Properties annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Highwoods Properties shares outstanding

The number of shares of Highwoods Properties was 109.91 M in 2025. This indicates how many shares Highwoods Properties is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
107.14 M Stocks
Jan 1, 2022
105.21 M Stocks
Jan 1, 2023
105.71 M Stocks
Jan 1, 2024
107.62 M Stocks
Jan 1, 2025
109.91 M Stocks
Jan 1, 2026 (e)
109.91 M Stocks
Jan 1, 2027 (e)
109.91 M Stocks
Jan 1, 2028 (e)
109.91 M Stocks

Highwoods Properties Dividend History

33 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.50USDYTD
Feb 17, 20260.50USD 0.0%1/1
20252.00USD 0.0%
Feb 18, 20250.50USD 0.0%1/4
May 19, 20250.50USD 0.0%2/4
Aug 18, 20250.50USD 0.0%3/4
Nov 17, 20250.50USD 0.0%4/4
20242.00USD 0.0%
20232.00USD 0.0%
20222.00USD 2.0%
20211.96USD 2.1%
20201.92USD 1.1%
20191.90USD 2.7%
20181.85USD 5.1%
20171.76USD 29.6%

Highwoods Properties dividend history and estimates

In 2025, Highwoods Properties paid a dividend amounting to 2.00 USD. Dividend means that Highwoods Properties distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
1.96 USD
0.00 USD
0.00 USD
Jan 1, 2022
2.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
2.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
2.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
2.00 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
0.50 USD
1.50 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
2.02 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
2.03 USD
0.00 USD

Highwoods Properties dividend payout ratio

In 2025, Highwoods Properties had a payout ratio of 74.50%. The payout ratio indicates the percentage of the company's profits that Highwoods Properties distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

FFO payout ratio
Details
Date
FFO payout ratio
Jan 1, 2021
36.16 %
Jan 1, 2022
46.60 %
Jan 1, 2023
46.54 %
Jan 1, 2024
53.37 %
Jan 1, 2025
74.50 %
Jan 1, 2026 (e)
0.00 %
Jan 1, 2027 (e)
0.00 %
Jan 1, 2028 (e)
0.00 %

Current Highwoods Properties forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
35.71 % (5)
Hold
57.14 % (8)
Sell
7.14 % (1)
12M Price Target
30.60
Last Price
31.51
Currency
USD
12M Return Potential
-2.89 %
LTM Return
0 %

Highwoods Properties Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
7/21/2026
Mizuho
Mizuho
MaintainedNeutral31
6/26/2026
Truist Securities
Truist Securities
MaintainedHold
6/1/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
3/31/2026
Morgan Stanley
Morgan Stanley
UpgradeUnderweightEqual Weight60
3/17/2026
Truist Securities
Truist Securities
MaintainedHold
2/24/2026
Mizuho
Mizuho
MaintainedNeutral31
2/23/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
2/18/2026
Citigroup
Citigroup
MaintainedNeutral48
11/10/2025
Wells Fargo
Wells Fargo
MaintainedEqual Weight56

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Highwoods Properties Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/28/20260.59USD-214.42 MUSD-2026 Q2
4/28/20260.11USD-212.58 MUSD-2026 Q1
2/10/20260.20USD-209.92 MUSD-2025 Q4
4/23/20240.17USD-210.66 MUSD-2024 Q1
2/5/20240.22USD-209.29 MUSD-2023 Q4
7/24/20230.28USD-213.97 MUSD-2023 Q2
4/24/20230.28USD-212.89 MUSD-2023 Q1
2/6/20230.30USD-212.03 MUSD-2022 Q4
10/25/20220.32USD-208.33 MUSD-2022 Q3
7/26/20220.53USD-208.26 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Highwoods Properties stock

77/100
99
Environment
99
Social
32
Governance
E

Environment

20
Scope 1 - Direct Emissions2,479.7
Scope 2 - Indirect emissions from purchased energy121,505.3
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions123,985
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees37
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Highwoods Properties shareholder structure

% Name
15.88059%
BLACKROCK, INC.
BLACKROCK, INC.
11.22401%
COHEN & STEERS, INC.
COHEN & STEERS, INC.
10.61236%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
6.16771%
STATE STREET CORP
STATE STREET CORP
5.10556%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
4.40933%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
...

Highwoods Properties Beneficial Ownership Filings (SEC 13D/G)

Free Float
97.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
14.73%
Cohen & Steers, Inc. 14-1904657
Cohen & Steers, Inc. 14-1904657
SEC ↗
14.50%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
14.30%
Cohen & Steers Capital Management, Inc.     13-3353336
Cohen & Steers Capital Management, Inc.     13-3353336
SEC ↗
14.10%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
12.68%
Deutsche Bank AG*
Deutsche Bank AG*
SEC ↗
12.30%
RREEF America, L.L.C.
RREEF America, L.L.C.
SEC ↗
12.00%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
11.24%
Cohen & Steers, Inc.
Cohen & Steers, Inc.
SEC ↗
10.48%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
9.30%
13-2670991
13-2670991
SEC ↗

Highwoods Properties Executives and Management Board

12 members · avg. age 63 · 17 % women

TK

Mr. Theodore Klinck (59)

President, Chief Executive Officer, Director · since 2012

5.15 M USD

Management

BM

Mr. Brendan Maiorana (49)

Chief Financial Officer, Executive Vice President

2.06 M USD
BL

Mr. Brian Leary (50)

Chief Operating Officer, Executive Vice President

2.04 M USD
JM

Mr. Jeffrey Miller (54)

Executive Vice President, General Counsel, Secretary

1.43 M USD

Board of Directors

CE

Mr. Carlos Evans (73)

Independent Chairman of the Board

214,853.00 USD
AL

Ms. Anne Lloyd (63)

Independent Director

197,353.00 USD
GA

Mr. Gene Anderson (79)

Independent Director · since 1997

177,353.00 USD
DH

Dr. David Hartzell (69)

Independent Director

177,353.00 USD
CA

Mr. Charles Anderson (64)

Independent Director

169,853.00 USD
TA

Mr. Thomas Anderson (76)

Independent Director

169,853.00 USD

Highwoods Properties Supply Chain

Highwoods Properties Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
14 companies
#Nameβ 1YTrend
1
PNC Financial Services Group
Customer·Banks·US
0.15
0.72
0.87
0.68
0.49
0.88
0.51
2
Bank of America
Customer·Banks·US
0.57
0.60
0.83
0.60
0.33
0.87
0.28
3
Bridgestone
Customer·Auto Components·JP
0.17
-0.35
-0.57
-0.08
0.18
0.84
0.22
4
MetLife
Customer·Insurance·US
0.78
0.73
0.65
0.22
-0.26
0.82
-0.31
5
American International Group
Customer·Insurance·US
0.74
0.54
0.50
0.19
-0.34
0.78
-0.38
#Nameβ 1YTrend
1
IWG
Customer·Real Estate Management & Development·CH
0.70
0.37
0.74
0.66
0.77
0.20

Frequently asked questions about Highwoods Properties

The business model of Highwoods Properties Inc. revolves around being a fully integrated real estate investment trust (REIT) that specializes in owning, developing, acquiring, and managing high-quality office properties. Highwoods focuses on strategically located markets across the southeastern United States, providing desirable and sustainable workspaces for its diverse tenant base. Through its proactive asset management and leasing strategies, Highwoods aims to generate long-term value for its shareholders. With a commitment to delivering exceptional customer service and maintaining strong relationships with tenants, Highwoods Properties Inc. aims to be a leader in the office real estate sector.

Highwoods Properties Inc is primarily active in the commercial real estate industry.

The main competitors of Highwoods Properties Inc in the market include real estate companies such as Boston Properties, Duke Realty Corporation, and Kilroy Realty Corporation.

Highwoods Properties Inc is a renowned real estate investment trust (REIT) that primarily focuses on the acquisition, development, and management of high-quality office properties. Founded in 1978, Highwoods has established itself as a leading company in the commercial real estate industry. With a diverse portfolio spanning major markets in the Southeastern and Midwestern United States, Highwoods Properties Inc has a strong commitment to delivering exceptional customer service and building long-term partnerships. The company's success is attributed to its strategic approach, financial stability, and dedication to creating sustainable and engaging workspaces for its tenants.

Highwoods Properties Inc has achieved several significant milestones throughout its existence. The company has successfully developed and acquired a diverse portfolio of commercial properties, including office, industrial, and retail spaces across the United States. Highwoods Properties Inc consistently focuses on long-term, sustainable growth and has garnered a strong reputation for its high-quality properties and exceptional customer service. The company has also demonstrated its commitment to environmental sustainability by earning numerous LEED certifications for its buildings. Furthermore, Highwoods Properties Inc has been recognized with multiple industry awards, highlighting its excellence in real estate development and operations.

Highwoods Properties Inc primarily operates in the United States, focusing on high-growth markets across the Southeast and Midwest regions. With a diversified portfolio, Highwoods owns and manages office properties in key cities such as Atlanta, Raleigh, Nashville, Orlando, Tampa, and Kansas City. The company strategically targets prominent business districts, offering top-notch real estate solutions to tenants. Highwoods Properties Inc's strong presence in these regions enables them to leverage market opportunities and cater to the evolving needs of businesses seeking prime office spaces.

Highwoods Properties Inc represents values of integrity, excellence, and innovation. With a strong corporate philosophy, the company focuses on delivering exceptional customer service and establishing long-term relationships with its tenants. Highwoods Properties Inc strives to create value for its shareholders by investing in high-quality assets and actively managing its portfolio to maximize returns. By maintaining a commitment to operational excellence and sustainable business practices, the company upholds its reputation as a leading provider of office space in high-growth markets.

Analysts currently set an average price target of 29.58 USD for the Highwoods Properties stock (median: 30.60 USD), implying -6.1 % versus the latest price. The consensus is based on 14 analyst ratings.

14 analysts currently rate the Highwoods Properties stock: 5 recommend buying, 8 holding and 1 selling. For 2026, analysts expect Highwoods Properties to generate revenue of 863.81 M USD and earnings per share of 0.59 USD.

Converted at the current exchange rate, the Highwoods Properties share trades at 27.20 EUR (31.51 USD).

The Highwoods Properties share (HIW) is listed on 3 stock exchanges, including: NYSE (HIW), Frankfurt (HQS.F), München (HQS.MU).

Highwoods Properties, Inc. is a leading real estate investment company headquartered in Raleigh, North Carolina. The company owns, develops, and leases various types of commercial properties in the United States, with a focus on the southeastern states. The products offered by Highwoods Properties range from office buildings to industrial parks, retail centers, warehouses, and apartments. The diversity of products allows the company to achieve balance in its portfolio. The goal of Highwoods Properties is to achieve long-term value appreciation for its shareholders by owning, developing, and managing properties that are focused on high-growth markets and credit-worthy tenants. The company has a team of experienced real estate professionals who are dedicated to finding and developing the best possible properties to increase returns for investors. The company has three distinct business segments: office, industrial, and retail. In the office segment, Highwoods Properties primarily focuses on cities such as Atlanta, Charlotte, Nashville, Orlando, and Tampa. The company has recently acquired the "Ascent" office building in Atlanta, which is one of the tallest towers in the city with 26 floors and 400,000 square meters. Highwoods Properties also constructs new office buildings, such as in Charlotte, where the company is building a new 23-story building. The industrial segment includes business parks and warehouse buildings in inland areas. Highwoods Properties operates its business headquarters in Atlanta and has facilities in Tampa, Birmingham, Greenville, Raleigh, and Nashville. The focus is on attracting commercial tenants in high-growth rate areas to optimize long-term revenue flow. The retail segment is also a significant part of the business model. Highwoods Properties owns and operates retail spaces in Florida, Tennessee, Georgia, and North Carolina. The company takes pride in creating and operating high-quality retail centers for residents in the surrounding areas. Highwoods Properties is able to curate retail offerings for various retailers such as Publix, CVS, Walmart, and many others in strategically important areas. In summary, the business model of Highwoods Properties is simple: the company buys properties, improves them, and leases them to credit-worthy tenants. Due to the management's experience and the constantly changing real estate market, it is crucial for the company to focus on leasing properties in growth markets. Highwoods Properties aims to own multiple properties in each business segment, if possible, to achieve balance in its portfolio. Through skillful curation of tenant and property resources, Highwoods Properties is able to continue its track record of success and provide an attractive investment for shareholders as well as high-quality rental spaces for tenants.

The expected revenue of Highwoods Properties is 863.81 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Highwoods Properties is 65.24 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Highwoods Properties is currently 53.09. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Highwoods Properties stock.

The price-to-sales ratio (P/S) of Highwoods Properties is currently 4.01. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Highwoods Properties stock.

The Eulerpool Quality Score for Highwoods Properties is 3/10.

The ISIN of Highwoods Properties is US4312841087. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Highwoods Properties is 891252. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Highwoods Properties is HIW. The ticker symbol is used to trade Highwoods Properties shares on the stock exchange.

Over the past 12 months, Highwoods Properties paid a dividend of 2.00 USD . This corresponds to a dividend yield of about 6.35 %. For the coming 12 months, Highwoods Properties is expected to pay a dividend of 2.02 USD.

The current dividend yield of Highwoods Properties is 6.35 %.

Highwoods Properties pays a dividend, distributed in the months of , , , .

Highwoods Properties paid dividends every year for the past 32 years.

For the upcoming 12 months, dividends amounting to 2.02 USD are expected. This corresponds to a dividend yield of 6.40 %.

Highwoods Properties is assigned to the 'Real Estate' sector.

To receive the latest dividend of Highwoods Properties from amounting to 0.5 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Highwoods Properties distributed 2 USD as dividends.

The dividends of Highwoods Properties are distributed in USD.