HIW
Highwoods Properties, Inc.
$30.58
-0.57
(-1.83%)
Mkt Cap
3.38B
Volume
259,935
52W Range
20.45-35.44
Sector
Real Estate
Beta
1.07
EPS (TTM)
1.52 USD
P/E Ratio
20.16
Revenue (TTM)
835.54M USD
Rev Growth (5Y)
+1.8%
EPS Growth (5Y)
-15.3%
AlphaVal · Fair Value
What we estimate one share is worth
$48.68
Undervalued
moderate signal
37.0% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
C-
Real Estate Investment Trust
49.1 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Highwoods Properties, Inc., based in Raleigh, operates as an S&P MidCap 400 Index constituent. This publicly listed Real Estate Investment Trust (REIT), whose shares trade on the NYSE under the ticker HIW, focuses exclusively on office properties. Highwoods is a comprehensively integrated company, handling all aspects of its real estate portfolio from initial acquisition and development to leasing and day-to-day management. Its holdings are strategically concentrated in the prime business districts of several major U.S. cities, specifically Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, its headquarters city of Raleigh, Richmond, and Tampa.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 806.11M | 825.86M | 834.00M | 828.93M | 768.01M | 736.90M | 735.98M | 720.03M | 702.74M | 665.63M | 604.67M | 608.47M |
| Net Income | 159.61M | 102.25M | 148.72M | 159.06M | 313.28M | 347.40M | 136.92M | 171.84M | 185.37M | 524.29M | 97.08M | 110.96M |
| EPS | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | 3.32 | 0.52 | 1.66 | 1.78 | 5.30 | 1.00 | 1.20 |
| Free Cash Flow | 166.56M | 403.58M | 216.95M | 421.51M | 414.56M | 355.80M | (58.42M) | 307.98M | 350.69M | 195.56M | (119.75M) | 103.27M |
| FCF / Share | 1.54 | 3.80 | 2.06 | 4.01 | 3.98 | 3.43 | -0.56 | 2.98 | 3.42 | 1.99 | -1.27 | 1.14 |
| Operating CF | 367.31M | 403.58M | 393.56M | 421.78M | 414.56M | 358.16M | 365.80M | 358.63M | 352.53M | 305.81M | 288.88M | 266.91M |
| Total Assets | 6.27B | 6.03B | 6.00B | 6.06B | 5.70B | 5.21B | 5.14B | 4.68B | 4.62B | 4.56B | 4.49B | 4.00B |
| Total Debt | 3.64B | 3.29B | 3.21B | 3.20B | 2.79B | 2.47B | 2.54B | 2.09B | 2.01B | 1.95B | 2.50B | 2.08B |
| Cash & Equiv | 27.36M | 22.41M | 25.12M | 21.36M | 23.15M | 109.32M | 9.51M | 3.77M | 3.27M | 49.49M | 5.04M | 8.83M |
| Book Value | 2.38B | 2.36B | 2.43B | 2.48B | 2.48B | 2.34B | 2.15B | 2.25B | 2.22B | 2.14B | 1.60B | 1.52B |
| Return on Equity | 0.07 | 0.04 | 0.06 | 0.06 | 0.13 | 0.15 | 0.06 | 0.08 | 0.08 | 0.25 | 0.06 | 0.07 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 216.38M | 214.03M | 203.36M | 201.77M | 200.60M | 200.38M | 206.79M | 204.32M | 204.74M | 211.28M | 206.86M | 207.09M |
| Net Income | 94.05M | 31.94M | 29.23M | 13.45M | 18.86M | 98.07M | (3.11M) | 15.18M | 63.49M | 26.68M | 38.62M | 22.72M |
| EPS | 0.85 | 0.29 | 0.26 | 0.12 | 0.17 | 0.91 | -0.03 | 0.14 | 0.59 | 0.25 | 0.36 | 0.21 |
| Free Cash Flow | 173.88M | 62.85M | 41.58M | 96.67M | 116.53M | 46.32M | 103.73M | 97.49M | 129.96M | 72.41M | 49.97M | 66.84M |
| FCF / Share | 1.58 | 0.57 | 0.38 | 0.89 | 1.08 | 0.43 | 0.96 | 0.92 | 1.23 | 0.68 | 0.47 | 0.63 |
| Operating CF | 125.23M | 62.85M | 101.50M | 96.67M | 116.53M | 46.32M | 103.73M | 97.49M | 129.96M | 72.41M | 102.79M | 103.05M |
| Total Assets | 6.47B | 6.60B | 6.27B | 6.14B | 6.06B | 6.08B | 6.03B | 6.03B | 5.97B | 6.01B | 6.00B | 6.02B |
| Total Debt | 3.52B | 3.70B | 3.64B | 3.40B | 3.33B | 3.34B | 3.29B | 3.30B | 3.19B | 3.26B | 3.21B | 3.21B |
| Cash & Equiv | 145.38M | 32.42M | 27.36M | 26.26M | 21.19M | 20.11M | 22.41M | 23.65M | 27.00M | 16.42M | 25.12M | 16.90M |
| Book Value | 2.39B | 2.37B | 2.38B | 2.38B | 2.37B | 2.41B | 2.36B | 2.36B | 2.41B | 2.40B | 2.43B | 2.45B |
| Return on Equity | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | -0.00 | 0.01 | 0.03 | 0.01 | 0.02 | 0.01 |
HIW News
Why Is Highwoods Properties (HIW) Down 8.4% Since Last Earnings Report?
Highwoods Properties: Leasing Is Improving, But The Cash Test Is Still Ahead
Highwoods Properties: I Am Willing To Go Back In At The Right Price (Rating Downgrade)
Highwoods Properties Q2 Earnings Call Highlights
Highwoods Properties, Inc. (HIW) Q2 2026 Earnings Call Transcript
HIW Q2 FFO Beats Estimates on Leasing and Rent Growth, 2026 View Up
Highwoods Properties (HIW) Surpasses Q2 FFO and Revenue Estimates
Highwoods Announces Availability of Second Quarter 2026 Results
Highwoods Declares Quarterly Dividends
Bessemer Group Inc. Increases Position in Highwoods Properties, Inc. $HIW