HIW:NYE-Highwoods Properties, Inc (USD)

COMMON STOCK | REIT-Office | NYE

Last Closing Price

USD 46.54

Change

-0.35 (-0.75)%

Market Cap

USD 4.97B

Volume

0.61M

Avg Analyst Target

USD 45.25 (-2.77%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (?REIT?) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-08-03 )

Largest Industry Peers for REIT-Office

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
DLR Digital Realty Trust, Inc

+0.41 (+0.26%)

USD43.73B 85.82 24.49
ARE Alexandria Real Estate Equitie..

+1.90 (+0.94%)

USD30.68B 30.26 21.13
DLR-PK Digital Realty Trust, Inc

-0.22 (-0.78%)

USD29.20B 15.59 N/A
DLR-PJ Digital Realty Trust, Inc

-0.02 (-0.08%)

USD28.09B 14.53 N/A
DLR-PG Digital Realty Trust, Inc

N/A

USD26.86B 10.33 N/A
DLR-PI Digital Realty Trust, Inc

N/A

USD25.83B 10.60 N/A
DLR-PC Digital Realty Trust, Inc

N/A

USD25.19B 16.14 N/A
BXP-PB Boston Properties, Inc

N/A

USD23.80B 4.54 N/A
BXP Boston Properties, Inc

-0.27 (-0.23%)

USD18.33B 60.85 19.93
VNO-PM Vornado Realty Trust

-0.08 (-0.30%)

USD14.94B 92.68 N/A

ETFs Containing HIW

Symbol Name Weight Mer Price(Change) Market Cap
SMHB ETRACS 2xMonthly Pay Leve.. 0.00 % 0.85 %

-0.03 (-0.25%)

USD0.05B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Office)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.44% 89% B+ 65% D
Dividend Return 2.42% 41% F 64% D
Total Return 19.86% 84% B 68% D+
Trailing 12 Months  
Capital Gain 19.79% 70% C- 42% F
Dividend Return 4.94% 42% F 68% D+
Total Return 24.74% 70% C- 42% F
Trailing 5 Years  
Capital Gain -15.26% 50% F 20% F
Dividend Return 19.09% 59% F 68% D+
Total Return 3.83% 50% F 22% F
Average Annual (5 Year Horizon)  
Capital Gain -4.56% 36% F 12% F
Dividend Return 4.31% 79% C+ 80% B-
Total Return -0.25% 36% F 14% F
Risk Return Profile  
Volatility (Standard Deviation) 15.34% 61% D- 68% D+
Risk Adjusted Return -1.65% 36% F 15% F
Market Capitalization 4.97B 59% F 73% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Office)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.99 69% D+ 39% F
Price/Book Ratio 2.14 19% F 46% F
Price / Cash Flow Ratio 13.88 62% D- 35% F
EV/EBITDA 13.13 81% B- 52% F
Management Effectiveness  
Return on Equity 9.97% 86% B 57% F
Return on Invested Capital 4.68% 94% A 53% F
Return on Assets 2.80% 97% A+ 56% F
Debt to Equity Ratio 105.73% 38% F 34% F
Technical Ratios  
Short Ratio 1.84 73% C 54% F
Short Percent 1.06% 88% B+ 77% C+
Beta 1.16 41% F 43% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.