Highwoods Properties Inc HIW
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if HIW is a good fit for your portfolio.
News
-
Highwoods Announces Availability of First Quarter 2024 Results
-
Highwoods Declares Quarterly Dividends
-
Highwoods Announces Recent Disposition Activity
-
Highwoods to Release First Quarter 2024 Results Tuesday, April 23rd
-
Highwoods Provides Leasing Update
-
Highwoods Announces Availability of Fourth Quarter and Full Year 2023 Results
-
Highwoods Declares Quarterly Dividends
-
Highwoods Recasts Credit Facility
Trading Information
- Previous Close Price
- $25.40
- Day Range
- $24.83–26.06
- 52-Week Range
- $17.06–26.27
- Bid/Ask
- $22.30 / $27.82
- Market Cap
- $2.74 Bil
- Volume/Avg
- 1.1 Mil / 1.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 30.48
- Price/Sales
- 3.36
- Dividend Yield (Trailing)
- 7.87%
- Dividend Yield (Forward)
- 7.87%
- Total Yield
- 7.72%
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
- Website
- https://www.highwoods.com
Comparables
Valuation
|
Metric
|
HIW
|
IRT
|
PDM
|
|---|---|---|---|
Price/Earnings (Normalized) | 30.48 | 63.52 | 332.70 |
Price/Book Value | 1.16 | 1.03 | 0.50 |
Price/Sales | 3.36 | 5.35 | 1.49 |
Price/Cash Flow | 7.01 | 12.82 | 3.93 |
Price/Earnings
HIW
IRT
PDM
Financial Strength
|
Metric
|
HIW
|
IRT
|
PDM
|
|---|---|---|---|
Quick Ratio | 1.30 | 0.02 | 0.81 |
Current Ratio | 1.60 | 0.35 | 0.83 |
Interest Coverage | 1.95 | 0.80 | 0.52 |
Quick Ratio
HIW
IRT
PDM
Profitability
|
Metric
|
HIW
|
IRT
|
PDM
|
|---|---|---|---|
Return on Assets (Normalized) | 2.31% | 0.94% | −0.24% |
Return on Equity (Normalized) | 5.76% | 1.72% | −0.56% |
Return on Invested Capital (Normalized) | 4.36% | 2.39% | 2.36% |
Return on Assets
HIW
IRT
PDM
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Htshmzy | Xbvhh | $20.9 Bil | |
BXP
| Boston Properties Inc | Syssmtw | Dnjt | $9.9 Bil | |
GECFF
| Gecina Nom | — | Xxrcwcb | $7.4 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Fywxrw | $6.6 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Rqy | $5.2 Bil | |
VNO
| Vornado Realty Trust | Cyhfpypy | Kdrm | $5.2 Bil | |
DEXSF
| Dexus | — | Pvywqb | $5.0 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Wzjw | $4.8 Bil | |
KRC
| Kilroy Realty Corp | Wgcvfdgl | Npgkw | $4.0 Bil | |
SLG
| SL Green Realty Corp | Swjwmllj | Lnv | $3.4 Bil |