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Highwoods Properties Inc HIW

Morningstar Rating
$24.41 −0.69 (2.75%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HIW is trading at a 261% premium.
Price
$25.08
Fair Value
$66.63
Uncertainty
Very High
1-Star Price
$99.56
5-Star Price
$85.25
Economic Moat
Cgnb
Capital Allocation
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News

Trading Information

Previous Close Price
$25.10
Day Range
$24.0724.78
52-Week Range
$17.0628.45
Bid/Ask
$24.25 / $26.28
Market Cap
$2.59 Bil
Volume/Avg
943,773 / 928,782

Key Statistics

Price/Earnings (Normalized)
29.54
Price/Sales
3.25
Dividend Yield (Trailing)
7.84%
Dividend Yield (Forward)
7.84%
Total Yield
7.84%

Company Profile

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.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
349

Comparables

Valuation

Metric
HIW
IRT
PDM
Price/Earnings (Normalized)
29.5465.81331.74
Price/Book Value
1.121.060.51
Price/Sales
3.255.481.48
Price/Cash Flow
6.8013.154.05
Price/Earnings
HIW
IRT
PDM

Financial Strength

Metric
HIW
IRT
PDM
Quick Ratio
1.300.030.48
Current Ratio
1.600.170.49
Interest Coverage
1.950.900.31
Quick Ratio
HIW
IRT
PDM

Profitability

Metric
HIW
IRT
PDM
Return on Assets (Normalized)
2.31%< 0.01%−0.16%
Return on Equity (Normalized)
5.76%0.02%−0.37%
Return on Invested Capital (Normalized)
4.36%1.43%2.66%
Return on Assets
HIW
IRT
PDM
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