Highwoods Properties Inc.
HIW | NYSE
$30.98
+$0.48 (+1.57%)
At close: Oct 30, 2026, 4:00 PM ET
$30.98
$0.00 (0.00%)
After-hours:
Oct 30, 2026, 5:47 PM ET
Market Data
Market Cap $3.42B
Enterprise Value $6.65B
Beta 1.08
Average Volume 1.44M
Shares Outstanding (Diluted) 112.32M
Shares Change YoY 1.63%
Institutional Ownership N/A
Exchange NYSE
ISIN US4312841087
Price Performance
Price Change 1M 6.8%
Price Change 3M -6.5%
Price Change 6M 25.4%
Price Change YTD 20.0%
Price Change 1Y 8.2%
Price Change 3Y 73.2%
Price Change 5Y -30.9%
1M CAGR (ann.) 1.8%
1Y CAGR (ann.) 17.6%
5Y CAGR (ann.) -0.9%
All-Time CAGR 1.1%
Valuation
PE Ratio 18.33
Forward PE 45.15
PEG Ratio 0.41
Forward PEG 2.83
PS Ratio 4.01
Forward PS 3.80
PB Ratio 1.44
P/FCF Ratio 10.63
P/Adj. FCF Ratio 10.94
P/OCF Ratio 7.14
EV/Sales 7.81
EV/EBIT 24.06
EV/EBITDA 11.32
EV/FCF 20.69
Earnings Yield 5.5%
FCF Yield 9.4%
Adj. FCF Yield 9.1%
Financial Health
Net Debt $3.23B
Total Debt $3.51B
Cash & Short-Term Investments $279.21M
Total Assets $6.45B
Current Ratio 1.10
Quick Ratio 1.10
Debt / Equity Ratio 1.48
Debt / EBITDA 5.98
Debt / FCF 10.93
OCF / Debt 0.11
Interest Coverage 1.34
Altman Z-Score 0.63
Piotroski F-Score 7
Margins & Profitability
Gross Profit Margin 67.2%
Operating Profit Margin 25.8%
EBITDA Margin 69.0%
Net Profit Margin 22.0%
FCF Margin 37.7%
Adj. FCF Margin 36.7%
SBC / Revenue 1.1%
SBC Impact (per share) -2.8%
Returns
Return on Assets 2.9%
Return on Equity 7.9%
Return on Invested Capital 3.6%
Return on Capital Employed 3.6%
Return on Tangible Assets 2.9%
Historical Growth (CAGR)
Revenue CAGR 3Y 0.5%
Revenue CAGR 5Y 2.7%
Revenue CAGR 10Y 3.2%
EPS CAGR 3Y 20.8%
EPS CAGR 5Y -8.1%
EPS CAGR 10Y -10.9%
FCF CAGR 3Y 2.0%
FCF CAGR 5Y -0.5%
FCF CAGR 10Y -6.3%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 5
EPS Growth Next 3Y -25.8%
Revenue Growth Next 3Y 2.8%
Earnings Date Feb 9, 2027
EPS Estimate (next Q) $0.18
EPS Growth Est (next Q) -29.5%
Revenue Est (next Q) $219.06M
Revenue Growth Est (next Q) 7.7%
Fair Value Estimates
Graham Number $30.08
Graham Upside -2.9%
Lynch Fair Value $8.45
Lynch Upside -72.7%
Price Target $32.50
Price Target Upside 4.9%
Cash Flow
Operating Cash Flow $381.36M
Free Cash Flow $321.43M
Adj. Free Cash Flow $312.32M
FCF Per Share $3.69
OCF Per Share $4.34
OCF/S Ratio 56.1%
Income Statement
Revenue $851.95M
Gross Profit $572.31M
Operating Income $219.55M
EBITDA $587.43M
Net Income $187.54M
EPS (Diluted) $1.69
Revenue / Employee $2.7M
Profit / Employee $595.37K
Employees 315
Dividends
Annual Dividend $2.00
Dividend Yield 6.46%
Payout Ratio 118.3%
FCF Payout Ratio 68.7%
Adj. FCF Payout Ratio 70.7%
Dividend Growth (YoY) 0.0%
Pay Frequency Quarterly
Ex-Dividend Date Nov 16, 2026
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