HIW:NYE-Highwoods Properties Inc. (USD)

EQUITY | REIT - Office | New York Stock Exchange

Last Closing

USD 25.93

Change

+1.08 (+4.35)%

Market Cap

USD 4.74B

Volume

1.00M

Analyst Target

USD 44.27
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Highwoods Properties Inc is a real estate investment trust ("REIT"). The Company provides leasing, management, development, construction and other customer-related services for its properties and for third parties.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for REIT - Office

Symbol Name Price(Change) Market Cap
ARE Alexandria Real Estate Equitie..

-1.06 (-0.90%)

USD 20.92B
BXP Boston Properties Inc

-0.44 (-0.71%)

USD 9.63B
VNO-PM Vornado Realty Trust

+0.08 (+0.54%)

USD 8.84B
VNO-PL Vornado Realty Trust

-0.06 (-0.39%)

USD 8.70B
SLG-PI SL Green Realty Corp

-0.37 (-1.64%)

USD 6.78B
VNO Vornado Realty Trust

-0.14 (-0.53%)

USD 5.67B
KRC Kilroy Realty Corp

-0.09 (-0.27%)

USD 4.04B
EQC-PD Equity Commonwealth

+0.14 (+0.56%)

USD 3.72B
CUZ Cousins Properties Incorporate..

-0.18 (-0.78%)

USD 3.43B
SLG SL Green Realty Corp

-0.27 (-0.53%)

USD 3.23B

ETFs Containing HIW

SRHR SRH REIT Covered Call ETF 5.31 % 0.00 %

-0.08 (-0.14%)

USD 0.05B
GEDV:LSE SPDR® S&P® Global Divid.. 3.08 % 0.00 %

+0.10 (+-0.14%)

USD 0.02B
ZPD3:XETRA SPDR® S&P® Global Divid.. 3.08 % 0.00 %

+0.16 (+-0.14%)

USD 0.02B
GLDV:SW SPDR® S&P Global Dividen.. 2.82 % 0.00 %

+0.24 (+-0.14%)

USD 1.02B
GLDVD:SW UBS (Irl) ETF plc - S&P D.. 2.67 % 0.00 %

N/A

USD 0.23B
WDIV:AU SPDR S&P Global Dividend 1.98 % 0.00 %

-0.17 (-0.14%)

USD 0.26B
RIET Hoya Capital High Dividen.. 1.57 % 0.00 %

+0.06 (+-0.14%)

USD 0.06B
GYLD Arrow ETF Trust 0.00 % 0.75 %

-0.08 (-0.14%)

USD 0.02B
WDIV SPDR® S&P Global Dividen.. 0.00 % 0.40 %

+0.23 (+-0.14%)

USD 0.19B
GBDV:LSE SPDR S&P Global Dividend .. 0.00 % 0.00 %

+0.21 (+-0.14%)

USD 1.04B
GLDV:LSE SSgA SPDR ETFs Europe I P.. 0.00 % 0.00 %

+0.26 (+-0.14%)

USD 1.04B
ZPRG:F SPDR S&P Global Dividend .. 0.00 % 0.00 %

-0.02 (-0.14%)

USD 1.04B
ZPRG:XETRA SPDR S&P Global Dividend .. 0.00 % 0.00 %

+0.21 (+-0.14%)

USD 1.04B

Market Performance

  Market Performance vs. Industry/Classification (REIT - Office) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.94% 94% A 84% B
Dividend Return 2.18% 87% B+ 87% B+
Total Return 15.11% 94% A 86% B+
Trailing 12 Months  
Capital Gain 14.99% 60% D- 62% D
Dividend Return 8.87% 68% D+ 88% B+
Total Return 23.86% 67% D+ 69% C-
Trailing 5 Years  
Capital Gain -44.57% 60% D- 12% F
Dividend Return 20.97% 70% C- 74% C
Total Return -23.60% 75% C 15% F
Average Annual (5 Year Horizon)  
Capital Gain -13.17% 44% F 7% C-
Dividend Return -8.16% 44% F 9% A-
Total Return 5.01% 63% D 82% B
Risk Return Profile  
Volatility (Standard Deviation) 24.14% 56% F 47% F
Risk Adjusted Return -33.82% 44% F 12% F
Market Capitalization 4.74B 66% D+ 68% D+

Key Financial Ratios

  Ratio vs. Industry/Classification (REIT - Office) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.90 83% 48%
Price/Book Ratio 1.07 33% 66%
Price / Cash Flow Ratio 6.81 56% 51%
Price/Free Cash Flow Ratio 9.85 70% 42%
Management Effectiveness  
Return on Equity 5.99% 97% 42%
Return on Invested Capital -2.62% 3% 18%
Return on Assets 2.32% 91% 47%
Debt to Equity Ratio 132.05% 35% 25%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.