Highwoods Properties (NYSE:HIW) Announces Quarterly Earnings Results

Posted by Geri Gentry on Jul 28th, 2026

Highwoods Properties (NYSE:HIW – Get Free Report) issued its quarterly earnings results on Tuesday. The real estate investment trust reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.42, FiscalAI reports. The business had revenue of $216.38 million for the quarter, compared to analysts’ expectations of $212.15 million. Highwoods Properties had a net margin of 11.64% and a return on equity of 3.97%. Highwoods Properties updated its FY 2026 guidance to 3.460-3.700 EPS.

Highwoods Properties Trading Down 0.7%

Shares of HIW traded down $0.23 during trading hours on Tuesday, reaching $33.62. 1,757,854 shares of the company traded hands, compared to its average volume of 1,559,179. Highwoods Properties has a 12 month low of $20.45 and a 12 month high of $34.03. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.46. The company’s fifty day moving average price is $29.68 and its two-hundred day moving average price is $25.95. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 40.02 and a beta of 1.07.

Highwoods Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, August 17th. Highwoods Properties’s dividend payout ratio (DPR) is currently 238.10%.

Highwoods Properties announced that its board has approved a stock buyback program on Wednesday, April 22nd that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 9.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HIW. Weiss Ratings raised shares of Highwoods Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 9th. Truist Financial boosted their price target on shares of Highwoods Properties from $23.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Morgan Stanley upped their price target on shares of Highwoods Properties from $23.00 to $35.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company raised their price objective on Highwoods Properties from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $28.00 price objective on shares of Highwoods Properties in a report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $30.00.

Get Our Latest Stock Analysis on Highwoods Properties

Institutional Trading of Highwoods Properties

Several institutional investors and hedge funds have recently bought and sold shares of HIW. Quantinno Capital Management LP boosted its position in Highwoods Properties by 52.8% during the 2nd quarter. Quantinno Capital Management LP now owns 1,040,302 shares of the real estate investment trust’s stock valued at $32,343,000 after acquiring an additional 359,332 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Highwoods Properties by 3,696.3% in the 3rd quarter. Wellington Management Group LLP now owns 324,170 shares of the real estate investment trust’s stock worth $10,315,000 after acquiring an additional 315,631 shares in the last quarter. Lighthouse Investment Partners LLC lifted its stake in shares of Highwoods Properties by 3,086.3% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 325,000 shares of the real estate investment trust’s stock valued at $10,104,000 after purchasing an additional 314,800 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Highwoods Properties by 21.8% in the 4th quarter. Janus Henderson Group PLC now owns 1,540,888 shares of the real estate investment trust’s stock valued at $39,778,000 after purchasing an additional 275,858 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Highwoods Properties by 19.6% during the second quarter. Sei Investments Co. now owns 1,613,516 shares of the real estate investment trust’s stock valued at $50,164,000 after purchasing an additional 264,587 shares in the last quarter. 96.31% of the stock is currently owned by hedge funds and other institutional investors.

About Highwoods Properties

(Get Free Report)

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.