Highwoods Properties (NYSE:HIW) Issues FY 2026 Earnings Guidance

Highwoods Properties (NYSE:HIW) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.400-3.680 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HIW. Wells Fargo & Company decreased their target price on Highwoods Properties from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. Deutsche Bank Aktiengesellschaft raised shares of Highwoods Properties from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Tuesday, January 6th. Wall Street Zen raised shares of Highwoods Properties from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Highwoods Properties in a research report on Thursday, January 22nd. Finally, Morgan Stanley raised their price target on shares of Highwoods Properties from $23.00 to $24.00 and gave the company an “underweight” rating in a report on Tuesday, October 21st. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $30.75.

Highwoods Properties Trading Down 6.6%

Shares of HIW stock traded down $1.55 on Thursday, hitting $21.80. The stock had a trading volume of 1,697,578 shares, compared to its average volume of 1,268,543. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 1.44. Highwoods Properties has a twelve month low of $21.66 and a twelve month high of $32.76. The company has a fifty day moving average price of $26.09 and a two-hundred day moving average price of $28.54. The firm has a market cap of $2.40 billion, a P/E ratio of 14.93 and a beta of 1.06.

Highwoods Properties (NYSE:HIW) last posted its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.58). Highwoods Properties had a net margin of 20.10% and a return on equity of 6.85%. The business had revenue of $203.36 million during the quarter, compared to analyst estimates of $208.08 million. During the same period in the previous year, the firm posted $0.85 earnings per share. The firm’s revenue was down .9% on a year-over-year basis. Highwoods Properties has set its FY 2026 guidance at 3.400-3.680 EPS. As a group, analysts forecast that Highwoods Properties will post 3.36 earnings per share for the current fiscal year.

Highwoods Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.00 annualized dividend and a dividend yield of 9.2%. Highwoods Properties’s dividend payout ratio (DPR) is currently 170.94%.

Hedge Funds Weigh In On Highwoods Properties

Several hedge funds have recently made changes to their positions in HIW. Alps Advisors Inc. acquired a new stake in Highwoods Properties during the fourth quarter worth approximately $219,000. Swiss National Bank increased its stake in shares of Highwoods Properties by 2.0% during the fourth quarter. Swiss National Bank now owns 213,102 shares of the real estate investment trust’s stock worth $5,502,000 after purchasing an additional 4,200 shares during the period. Nuveen LLC boosted its position in shares of Highwoods Properties by 23.3% in the fourth quarter. Nuveen LLC now owns 887,701 shares of the real estate investment trust’s stock valued at $22,920,000 after acquiring an additional 167,673 shares during the period. Picton Mahoney Asset Management increased its position in Highwoods Properties by 87,237.1% during the fourth quarter. Picton Mahoney Asset Management now owns 30,568 shares of the real estate investment trust’s stock worth $789,000 after acquiring an additional 30,533 shares during the period. Finally, Illinois Municipal Retirement Fund raised its stake in Highwoods Properties by 12.0% in the 4th quarter. Illinois Municipal Retirement Fund now owns 62,403 shares of the real estate investment trust’s stock worth $1,611,000 after purchasing an additional 6,665 shares in the last quarter. 96.31% of the stock is owned by institutional investors.

Highwoods Properties Company Profile

Highwoods Properties, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.

Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas.