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Highwoods Properties, Inc.

Data quality: 100%
HIW
NYSE Real Estate REIT - Office
$21.06
▼ $0.19 (-0.89%)
Mkt Cap: 2.32B
Day Range
$21.00 $21.52
52-Week Range
$20.50 $32.76
Volume
641,746
50D / 200D Avg
$24.28 / $28.23
Prev Close
$21.25

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E 14.5 11.1
P/B 1.0 0.8
ROE % 6.7 6.1
Net Margin % 19.8 19.9
Rev Growth 5Y % 1.2 7.0
D/E 1.5 0.9

Analyst Price Target

Hold
$29.80 +41.5%
Low: $25.00 High: $38.00
Forward P/E
33.1
Forward EPS
$0.64
EPS Growth (est.)
+0.0%
Est. Revenue
850 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $0.00
$0.00 – $0.00
990 M 0
FY2029 $0.96
$0.93 – $0.99
920 M 1
FY2028 $1.00
$0.97 – $1.03
900 M 1

Key Takeaways

Revenue grew 1.22% annually over 5 years — modest growth
Earnings grew 56.10% over the past year
Net margin of 19.80% shows strong profitability
Generating 166.56M in free cash flow
P/E of 14.50 — trading at a low valuation
PEG of 0.32 suggests growth is underpriced

Growth

Revenue Growth (5Y)
1.22%
Revenue (1Y)-2.39%
Earnings (1Y)56.10%
FCF Growth (3Y)-12.38%

Quality

Return on Equity
6.73%
ROIC2.61%
Net Margin19.80%
Op. Margin25.99%

Safety

Debt / Equity
1.53
Current Ratio42.45
Interest Coverage1.37

Valuation

P/E Ratio
14.50
P/B Ratio0.97
EV/EBITDA28.29
Dividend Yield0.08%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -2.39% Revenue Growth (3Y) -1.69%
Earnings Growth (1Y) 56.10% Earnings Growth (3Y) 3.60%
Revenue Growth (5Y) 1.22% Earnings Growth (5Y) -15.51%
Profitability
Revenue (TTM) 806.11M Net Income (TTM) 159.61M
ROE 6.73% ROA 2.54%
Gross Margin 67.58% Operating Margin 25.99%
Net Margin 19.80% Free Cash Flow (TTM) 166.56M
ROIC 2.61% FCF Growth (3Y) -12.38%
Safety
Debt / Equity 1.53 Current Ratio 42.45
Interest Coverage 1.37 Dividend Yield 0.08%
Valuation
P/E Ratio 14.50 P/B Ratio 0.97
P/S Ratio 2.87 PEG Ratio 0.32
EV/EBITDA 28.29 Dividend Yield 0.08%
Market Cap 2.32B Enterprise Value 5.93B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 806.11M 825.86M 834.00M 828.93M 768.01M
Net Income 159.61M 102.25M 148.72M 159.06M 313.28M
EPS (Diluted) 1.45 0.94 1.39 1.49 2.98
Gross Profit 544.74M 553.69M 565.22M 569.12M 531.57M
Operating Income 209.48M 212.74M 222.95M 239.25M 231.76M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 6.27B 6.03B 6.00B 6.06B 5.70B
Total Liabilities 3.84B 3.60B 3.52B 3.50B 3.08B
Shareholders' Equity 2.38B 2.36B 2.43B 2.48B 2.48B
Total Debt 3.64B 3.29B 3.21B 3.20B 2.79B
Cash & Equivalents 27.36M 22.41M 25.12M 21.36M 23.15M
Current Assets 373.65M 498.95M 440.23M 410.79M 393.34M
Current Liabilities 8.80M 304.55M 193.83M 273.18M 294.98M