Highwoods Properties (NYSE:HIW) Sets New 12-Month High – Here’s What Happened

Posted by Stanley Muller on Jul 17th, 2026

Shares of Highwoods Properties, Inc. (NYSE:HIW – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $33.07 and last traded at $32.8510, with a volume of 170033 shares traded. The stock had previously closed at $32.09.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on HIW shares. Wells Fargo & Company lifted their price target on shares of Highwoods Properties from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Wall Street Zen upgraded shares of Highwoods Properties from a “sell” rating to a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings raised shares of Highwoods Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 9th. Morgan Stanley upgraded shares of Highwoods Properties from an “underweight” rating to an “equal weight” rating and dropped their target price for the company from $24.00 to $23.00 in a research report on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $28.00 target price on shares of Highwoods Properties in a research note on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $28.11.

Read Our Latest Stock Report on HIW

Highwoods Properties Price Performance

The company has a debt-to-equity ratio of 1.46, a current ratio of 1.50 and a quick ratio of 1.50. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 39.75 and a beta of 1.07. The stock has a 50 day moving average price of $28.64 and a 200-day moving average price of $25.59.

Highwoods Properties (NYSE:HIW – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.16 by $0.13. The firm had revenue of $214.03 million during the quarter, compared to the consensus estimate of $209.06 million. Highwoods Properties had a return on equity of 3.97% and a net margin of 11.64%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.83 EPS. Highwoods Properties has set its FY 2026 guidance at 3.400-3.68 EPS. On average, analysts forecast that Highwoods Properties, Inc. will post 3.53 earnings per share for the current year.

Highwoods Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Monday, May 18th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Monday, May 18th. Highwoods Properties’s dividend payout ratio is 238.10%.

Highwoods Properties announced that its Board of Directors has approved a share buyback plan on Wednesday, April 22nd that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the real estate investment trust to repurchase up to 9.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On Highwoods Properties

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its holdings in Highwoods Properties by 88.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 792 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 372 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of Highwoods Properties by 752.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,065 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 940 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in shares of Highwoods Properties during the 4th quarter worth approximately $34,000. Geneos Wealth Management Inc. grew its position in shares of Highwoods Properties by 292.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Highwoods Properties by 285.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,983 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 1,469 shares in the last quarter. 96.31% of the stock is currently owned by institutional investors and hedge funds.

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.