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

Highwoods Properties (NYSE:HIW - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. 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 -.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Truist Financial cut their price objective on Highwoods Properties from $33.00 to $32.00 and set a "buy" rating for the company in a research report on Thursday. Mizuho lifted their price target on Highwoods Properties from $24.00 to $29.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 7th. Robert W. Baird lifted their price target on Highwoods Properties from $30.00 to $32.00 and gave the stock a "neutral" rating in a research report on Friday, November 1st. Wells Fargo & Company lifted their price target on Highwoods Properties from $32.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Monday, November 4th. Finally, StockNews.com lowered Highwoods Properties from a "hold" rating to a "sell" rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $30.71.

Highwoods Properties Trading Down 0.1 %

Shares of NYSE:HIW traded down $0.03 during trading hours on Friday, hitting $29.23. 1,169,839 shares of the company's stock traded hands, compared to its average volume of 816,498. Highwoods Properties has a 1 year low of $22.60 and a 1 year high of $36.78. The business has a fifty day moving average price of $29.86 and a 200-day moving average price of $31.62. The firm has a market capitalization of $3.10 billion, a P/E ratio of 21.82 and a beta of 1.24. 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 (NYSE:HIW - Get Free Report) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. Highwoods Properties had a return on equity of 6.05% and a net margin of 17.40%. Equities analysts expect that Highwoods Properties will post 3.61 earnings per share for the current year.

Highwoods Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date is Tuesday, February 18th. Highwoods Properties's payout ratio is presently 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.