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Tuesday, December 5, 2023

Investing In Highwoods Properties, Inc. (NYSE: HIW): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Highwoods Properties, Inc. (HIW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.25, or 1.27%, to $19.92. The Highwoods Properties, Inc. has recorded 33,011 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Highwoods Announces Availability of Third Quarter 2023 Results.

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Stocks Info

The company is listed on the NYSE and operates within the REIT – Office industry segment. At the end of the last regular session, the stock closed at $19.67 and fluctuated between $20.00 as its day high and $19.54 as its day low. The current market capitalization of Highwoods Properties, Inc. is $2.08B. A total of 0.78 million shares were traded on the day, compared to an average of 1.47M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, HIW has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 12 BUYs and 4 SELLs from insiders. Insiders purchased 206,717 shares during that period but sold 29,851.

In the most recent transaction, Leary Brian M bought 1,000 shares of HIW for 17.67 per share on Oct 27. After the transaction, the EVP & COO now owns 92,386 company shares. In a previous transaction on Mar 23, Klinck Theodore J bought 5,000 shares at 19.81 per share. HIW shares that President and CEO owns now total 337,177.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Highwoods Properties, Inc. pays an annual dividend of $2.00, resulting in a dividend yield of 10.17%, and it has a price to earnings (P/E) ratio of 15.27. HIW’s most recent ex-dividend date was 11/17/2023 when it declared a $0.50 quarterly dividend that was paid in cash on 12/12/2023. Previously, the company paid the dividend on 9/12/2023 with an ex-dividend date of 8/18/2023. The HIW stock dividend was $0.50 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for HIW in the last 3 months, the mean price target is $22.88 with high estimates of $35.00 and low estimates of $18.00. In terms of 52-week highs and lows, HIW has a high of $31.88 and a low of $17.06.

As of this writing, HIW has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.22 per share and a lower estimate of $0.2. The company reported an EPS of $0.42 in the last quarter, which was 82.60% higher than expectations of $0.23.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HIW’s latest balance sheet shows that the firm has $23.15M in Cash & Short Term Investments as of fiscal 2021. There were $2.79B in debt and $294.98M in liabilities at the time. Its Book Value Per Share was $22.93, while its Total Shareholder’s Equity was $2.61B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HIW is Buy with a score of 3.67.

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