Highwoods Properties Inc
General ticker "HIW" information:
- Sector: Real Estate
- Industry: Office REITs
- Capitalization: $3.3B
Highwoods Properties Inc follows the US Stock Market performance with the rate: 65.5%.
Estimated limits based on current volatility of 2.1%: low 29.54$, high 30.81$
Factors to consider:
- Company pays dividends: last record date 2024-11-18, amount 0.50$ (Y6.65%)
- Company does not operate outside North America (retrieved using AI)
- Current price 19.7% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [15.81$, 25.13$]
- 2024-12-30 to 2025-12-30 estimated range: [16.13$, 25.41$]
Financial Metrics affecting the HIW estimates:
- Positive: Non-GAAP EPS, $ of 3.84 > 2.29
- Positive: Operating cash flow per share per price, % of 17.11 > 12.76
- Positive: Operating profit margin, % of 26.87 > 19.51
- Positive: -3.48 < Investing cash flow per share, $ of -1.61
- Positive: Inventory ratio change, % of -0.57 <= 0
Short-term HIW quotes
Long-term HIW plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $768.01MM | $828.93MM | $834.00MM |
| Operating Expenses | $531.00MM | $586.58MM | $609.94MM |
| Operating Income | $237.01MM | $242.35MM | $224.05MM |
| Non-Operating Income | $86.30MM | $-78.40MM | $-72.72MM |
| Interest Expense | $85.85MM | $105.39MM | $136.71MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $323.31MM | $163.96MM | $151.33MM |
| Profit(Loss) | $323.31MM | $163.96MM | $151.33MM |
| Stockholders Equity | $2,477.14MM | $2,476.76MM | $2,433.30MM |
| Inventory | $8.08MM | $4.75MM | $0.00MM |
| Assets | $5,695.14MM | $6,063.38MM | $6,002.93MM |
| Operating Cash Flow | $414.56MM | $421.78MM | $386.96MM |
| Capital expenditure | $142.06MM | $0.26MM | $0.00MM |
| Investing Cash Flow | $-287.68MM | $-614.80MM | $-169.69MM |
| Financing Cash Flow | $-284.93MM | $187.93MM | $-205.43MM |
| Earnings Per Share* | $2.13 | $0.56 | $1.42 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.