Highwoods Properties (HIW) to Release Quarterly Earnings on Tuesday

Highwoods Properties (NYSE:HIW - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $201.31 million for the quarter. Highwoods Properties has set its FY 2025 guidance at 3.260-3.440 EPS.

Highwoods Properties (NYSE:HIW - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $0.85 EPS for the quarter, hitting analysts' consensus estimates of $0.85. Highwoods Properties had a net margin of 12.37% and a return on equity of 4.33%. On average, analysts expect Highwoods Properties to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Highwoods Properties Stock Performance

Shares of HIW traded up $0.21 during trading hours on Thursday, hitting $28.29. The stock had a trading volume of 701,839 shares, compared to its average volume of 913,826. The firm has a 50-day moving average price of $28.29 and a 200 day moving average price of $30.37. Highwoods Properties has a fifty-two week low of $24.07 and a fifty-two week high of $36.78. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 29.78 and a beta of 1.15. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.25 and a current ratio of 1.25.

Highwoods Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 19th will be given a $0.50 dividend. The ex-dividend date is Monday, May 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.07%. Highwoods Properties's dividend payout ratio (DPR) is currently 210.53%.

Wall Street Analyst Weigh In

HIW has been the subject of a number of analyst reports. Mizuho upped their price target on Highwoods Properties from $24.00 to $29.00 and gave the stock a "neutral" rating in a report on Tuesday, January 7th. StockNews.com lowered Highwoods Properties from a "hold" rating to a "sell" rating in a research report on Thursday, April 3rd. Jefferies Financial Group assumed coverage on shares of Highwoods Properties in a report on Monday, March 17th. They set a "buy" rating and a $32.00 price target for the company. Finally, Truist Financial cut their price target on shares of Highwoods Properties from $33.00 to $32.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $32.50.

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.