Highwoods Properties, Inc.

Valuation Analysis

About the Company

Highwoods Properties, Inc. is a publicly traded fully integrated office real estate investment trust that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. Highwoods Properties, Inc.

Highwoods Properties, Inc. Stock at a Glance

Highwoods Properties, Inc. (HIW) is currently trading at $29.84 with a market capitalization of $3.4B. The trailing P/E ratio stands at 35.95x, with a forward P/E of 39.26x. The 52-week range spans from $20.45 to $32.76; the current price is 8.9% below the yearly high. Year-over-year revenue growth stands at +7.6%. The net profit margin stands at 11.35%.

💰 Dividend

Highwoods Properties, Inc. pays an annual dividend of $2.00 per share, representing a yield of 6.7%. The payout ratio stands at 240.96%. The elevated payout ratio reflects a mature dividend policy.

📊 Analyst Rating

9 analysts rate Highwoods Properties, Inc. (HIW) on consensus: Hold. The average price target is $25.78, implying -13.61% from the current price. Analyst price targets range from $23.00 to $31.00.

Highwoods Properties, Inc.: The Investment Case in Detail

Highwoods Properties, Inc. (HIW) operates in the Real Estate — specifically REIT - Office — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

With a gross margin near 67.53%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns.

The Bear Case

Our valuation screen flags the stock as overvalued — current multiples imply the business needs to deliver well above its recent trajectory to justify the price.

Valuation in Context

At a PEG of 7.77, investors are paying more than three times the growth rate for each unit of earnings — that pricing assumes growth not only continues but accelerates from here.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

The price is in a transition zone relative to the moving averages — no clear signal.

Risk Profile

The data points to market-like volatility, elevated short interest (8.45%), higher leverage relative to equity.

Trading Data

💵 Dividend Info

Related Stocks in the Same Sector

Where can I buy Highwoods Properties, Inc.?

Compare top-rated brokers — low fees, trusted providers, fully regulated.