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Highwoods Properties, Inc. HIW R3K

Real Estate · REIT - Office · United States
https://www.highwoods.com
Company Profile ↓
$30.50
+10.83% 1Y
Mkt Cap$3.36B
P/E20.20
P/B1.42
Div. Yield6.50%
52W High$33.85
52W Low$19.86
Book Value$21.44
EPS (TTM)$1.51

Company Overview

Highwoods Properties, Inc. is a publicly traded fully integrated office real estate investment trust 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. The firm's vision is to be a leader in the evolution of commercial real estate for the benefit of customers, their communities and those who invest with them. Highwood Properties' mission is to create environments and experiences that inspire their teammates and their customers to achieve more together. They are in the work-placemaking business and believe that by creating exceptional environments and experiences, they can deliver greater value to customers, their teammates and, in turn, their shareholders. Highwoods Properties, Inc., is headquarters in Raleigh. Highwoods Properties, Inc. was incorporated in 1978 in Maryland, USA.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 12.2% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 20.2, below the sector median of 23.5.

Healthy Margins

Maintains a net profit margin of 20.1%.

Dividend Income

Offers a dividend yield of 6.50%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $806.11M (-2.4% YoY); net profit $157.25M.
  • Trailing 12 Months Year-on-year growth — revenue +7.5%, earnings +400.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 1.7%, profit CAGR 12.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:1.73%
1 Year:7.50%

Compounded Profit Growth

5 Years:12.24%
1 Year:400.20%

Stock Price Performance

1 Year:+10.83%
6 Months:+43.95%
3 Months:+8.78%
1 Month:-1.46%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 76% of range
$19.86 $33.85
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)42.67 · Neutral
Price Performance
1M-1.46%
3M+8.78%
6M+43.95%
1Y+10.83%
Valuation vs Sector

P/E of 20.20 is below the sector median of 23.49 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 20.1%.
  • Profit CAGR of 12.2% over 5 years.
  • Attractive dividend yield of 6.50%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
20.20
Industry PE
23.49
Forward P/E
43.57
PEG Ratio
7.77
Book Value
$21.44
Price to Book
1.42
P/S
4.07
EV/EBITDA
14.61
Dividend Yield
6.50%

Growth (CAGR)

Revenue 5Y
1.73%
Profit 5Y
12.24%
Revenue (YoY)
7.50%
Earnings (YoY)
400.20%

Profitability & Returns

ROCE
-
ROE
6.82%
ROA
2.18%
Profit Margin
20.11%
Op Margin
26.33%
Gross Margin
67.34%
EPS (Latest Qtr)
$0.29
EPS (TTM)
$1.51

Balance Sheet & Liquidity

Debt/Equity
1.33
Quick Ratio
0.82
Current Ratio
1.05
Debt
$3.52B
Total Assets
$6.60B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
1.31%
Chg in Prom Hold
-
FII / Inst Holding
120.78%
Chg in FII Hold
-0.17%

Financial Snapshot

Enterprise Value
$3.36B
Total Revenue (TTM)
$838.86M
EBITDA
$482.68M
Free Cash Flow
$270.77M
Operating Cash Flow
$384.43M
Shares Outstanding
110.27M
Gross Margin
67.34%
Payout Ratio
132.45%

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HIW Highwoods Properties, Inc. R3K 30.50 20.20 $3.36B 6.50% - 6.82% 1.73% 12.24%
2 WELL Welltower Inc. SPXR3K 236.17 105.91 $170.18B 1.46% 0.54% 3.84% 22.26% 11.10%
3 PLD Prologis, Inc. SPXR3K 138.48 30.84 $131.60B 3.17% - 7.75% 16.83% 39.42%
4 EQIX Equinix, Inc. SPXR3K 1,041.21 67.13 $102.74B 1.98% 5.42% 10.73% 17.43% 17.11%
5 AMT American Tower Corporation SPXR3K 175.73 24.14 $81.88B 3.97% 8.76% 33.91% 12.41% 25.08%
6 DLR Digital Realty Trust, Inc. SPXR3K 189.50 92.44 $70.30B 2.65% - 2.91% 15.18% 18.41%
7 SPG Simon Property Group, Inc. SPXR3K 211.88 14.95 $68.55B 4.35% - 120.51% 3.14% 14.02%
8 O Realty Income Corporation SPXR3K 61.02 44.54 $57.74B 5.68% - 3.23% 24.73% 13.04%
9 PSA Public Storage SPXR3K 301.60 28.81 $56.35B 3.99% - 21.93% 5.67% 7.85%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue ------------180.44M178.79M179.42M181.39M172.36M184.07M187.47M192.07M192.80M183.15M181.04M179.90M183.81M185.50M195.50M206.38M203.84M207.00M212.75M207.29M207.09M211.28M204.74M204.32M200.38M200.60M201.77M214.03M
Operating Income 92.72M96.17M96.34M-107.28M109.34M107.65M-112.01M118.43M118.95M-121.01M119.13M118.26M-111.81M123.51M123.34M-130.60M128.03M124.15M-127.62M129.28M134.93M144.96M141.47M140.66M147.02M140.98M139.90M140.84M140.18M138.62M135.35M136.94M135.85M142.92M
Net Income 19.32M25.16M29.75M20.35M432.79M31.65M31.97M25.38M31.67M37.59M57.04M56.57M32.45M50.69M33.16M53.05M7.25M39.42M27.90M59.85M185.47M37.03M40.30M82.11M54.46M59.30M72.11M40.26M50.51M38.25M43.83M42.30M22.10M26.06M62.87M14.56M97.45M18.27M12.88M31.36M
Diluted EPS 0.210.270.310.214.490.320.320.250.310.370.550.550.310.490.320.510.070.380.270.581.790.360.390.790.520.570.690.380.480.360.420.400.210.250.590.140.910.170.120.29

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---------702.74M720.03M735.98M736.90M768.01M828.93M834.00M825.86M806.11M
Operating Income -285.99M285.06M274.65M308.30M320.82M349.99M388.73M434.55M465.85M477.62M487.47M505.07M531.57M569.12M565.22M553.69M544.74M
Net Income 22.08M51.78M61.79M38.68M77.09M122.95M108.46M94.57M521.79M182.87M169.34M134.43M344.91M310.79M156.57M146.23M99.76M157.25M
Diluted EPS 0.370.760.860.541.021.441.191.005.301.781.641.303.322.981.491.390.941.45

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.89B2.87B3.18B3.35B3.81B4.00B4.49B4.56B4.62B4.68B5.14B5.21B5.70B6.06B6.00B6.03B6.27B
Total Equity 972.93M1.06B1.13B1.08B982.21M1.16B1.48B1.53B1.60B2.14B2.22B2.25B2.15B2.34B2.48B2.48B2.43B2.36B2.38B
Cash & Equivalents 3.14M13.76M23.70M14.21M11.19M13.78M10.18M8.83M5.04M49.49M3.27M3.77M9.51M109.32M23.15M21.36M25.12M22.41M27.36M
Total Liabilities --1.62B1.66B2.08B2.06B2.20B2.32B2.74B2.26B2.24B2.30B2.83B2.74B3.08B3.50B3.52B3.60B3.84B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 157.82M189.12M190.54M195.40M193.42M256.44M266.91M288.88M305.81M352.53M358.63M365.80M358.16M414.56M421.78M386.96M403.58M359.21M
Investing Cash Flow -134.34M-61.82M-78.16M-215.48M-238.81M-356.60M-328.18M-654.16M216.26M-200.30M-306.75M-607.41M110.68M-287.68M-614.80M-169.69M-302.44M-440.66M
Financing Cash Flow -12.86M-117.35M-121.88M17.07M47.99M96.57M59.91M361.48M-465.24M-142.53M-130.07M246.21M-294.34M-284.93M187.93M-205.43M-99.04M90.83M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------------------
Operating Margin % ---------66.3%66.3%66.2%68.5%69.2%68.7%67.8%67.0%67.6%
Net Margin % ---------26.0%23.5%18.3%46.8%40.5%18.9%17.5%12.1%19.5%
ROE % 2.1%4.6%5.7%3.9%6.6%8.3%7.1%5.9%24.4%8.2%7.5%6.2%14.8%12.5%6.3%6.0%4.2%6.6%
ROCE % ------------------

Shareholding Pattern

Insiders
1.31%
Institutions
120.78%
Public Float
122.38%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 19.05% 21.01M $639.18M
2 Cohen & Steers Inc. 15.26% 16.83M $512.10M
3 Vanguard Portfolio Management LLC 10.91% 12.04M $366.13M
4 State Street Corporation 6.88% 7.59M $230.98M
5 Massachusetts Financial Services Co. 5.31% 5.86M $178.16M
6 Vanguard Capital Management LLC 4.49% 4.96M $150.80M
7 T. Rowe Price Investment Management, Inc. 3.16% 3.48M $105.94M
8 Geode Capital Management, LLC 2.92% 3.22M $98.04M
9 Quantinno Capital Management, LP 2.81% 3.10M $94.29M
10 Charles Schwab Investment Management, Inc. 2.27% 2.50M $76.10M

Analyst View

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Latest News

Recent headlines for HIW

Google News ue, 08 Sep 2026

(HIW) Volatility Zones as Tactical Triggers - Stock Traders Daily

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Google News Fri, 04 Sep 2026

Highwoods Properties Stock Price Forecast. Should You Buy HIW? - StockInvest.us

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Google News Sat, 05 Sep 2026

Highwoods Properties, Inc. $HIW Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC - marketbeat.com

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Google News ue, 18 Aug 2026

Highwoods Properties (HIW) Shares Sit 4% Above Fair Value Following Dividend Update - finance.yahoo.com

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Google News hu, 03 Sep 2026

Truist Financial Sticks to Its Hold Rating for Highwoods Properties (HIW) - The Globe and Mail

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Google News Wed, 29 Jul 2026

Highwoods Properties (HIW) Stock Gains Backing From Stronger FFO Outlook - simplywall.st

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HIW — Frequently Asked Questions

What is the current share price of Highwoods Properties, Inc. (HIW)?

As of 2026-09-19 21:16 PDT, Highwoods Properties, Inc. (HIW) trades at $30.50 on NYSE. Its 52-week range is $19.86 to $33.85.

What is the market capitalisation of HIW?

Highwoods Properties, Inc. (HIW) has a market capitalisation of $3.36B on NYSE.

What is the P/E ratio of HIW?

HIW trades at a trailing price-to-earnings (P/E) ratio of 20.20. The industry average P/E is 23.49. Its price-to-book (P/B) ratio is 1.42.

Does HIW pay a dividend?

Highwoods Properties, Inc. (HIW) currently offers a dividend yield of 6.50%.

What is the return on equity (ROE) of HIW?

HIW has a return on equity (ROE) of 6.82%.

Is HIW a good stock to buy?

This page provides a data-driven analysis of Highwoods Properties, Inc. (HIW), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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