Highwoods Properties Statistics
Total Valuation
HIW has a market cap or net worth of $2.79 billion. The enterprise value is $6.02 billion.
| Market Cap | 2.79B |
| Enterprise Value | 6.02B |
Important Dates
The last earnings date was Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | May 17, 2024 |
Share Statistics
HIW has 106.00 million shares outstanding. The number of shares has increased by 0.29% in one year.
| Shares Outstanding | 106.00M |
| Shares Change (YoY) | +0.29% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 1.71% |
| Owned by Institutions (%) | 108.90% |
| Float | 104.09M |
Valuation Ratios
The trailing PE ratio is 21.54 and the forward PE ratio is 28.96. HIW's PEG ratio is 5.09.
| PE Ratio | 21.54 |
| Forward PE | 28.96 |
| PS Ratio | 3.35 |
| Forward PS | 3.39 |
| PB Ratio | 1.19 |
| P/FCF Ratio | 8.82 |
| PEG Ratio | 5.09 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.50, with an EV/FCF ratio of 19.06.
| EV / Earnings | 46.87 |
| EV / Sales | 7.23 |
| EV / EBITDA | 10.50 |
| EV / EBIT | 22.21 |
| EV / FCF | 19.06 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.39 |
| Debt / EBITDA | 5.69 |
| Debt / FCF | 10.33 |
| Interest Coverage | 1.93 |
Financial Efficiency
Return on equity (ROE) is 5.40% and return on invested capital (ROIC) is 4.78%.
| Return on Equity (ROE) | 5.40% |
| Return on Assets (ROA) | 2.10% |
| Return on Capital (ROIC) | 4.78% |
| Revenue Per Employee | $2.39M |
| Profits Per Employee | $368,080 |
| Employee Count | 349 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +27.60% in the last 52 weeks. The beta is 1.21, so HIW's price volatility has been higher than the market average.
| Beta (1Y) | 1.21 |
| 52-Week Price Change | +27.60% |
| 50-Day Moving Average | 25.44 |
| 200-Day Moving Average | 22.70 |
| Relative Strength Index (RSI) | 51.40 |
| Average Volume (30 Days) | 975,166 |
Short Selling Information
The latest short interest is 6.70 million, so 6.33% of the outstanding shares have been sold short.
| Short Interest | 6.70M |
| Short Previous Month | 6.46M |
| Short % of Shares Out | 6.33% |
| Short % of Float | 6.44% |
| Short Ratio (days to cover) | 7.12 |
Income Statement
In the last 12 months, HIW had revenue of $832.52 million and earned $128.46 million in profits. Earnings per share was $1.22.
| Revenue | 832.52M |
| Gross Profit | 559.03M |
| Operating Income | 268.18M |
| Pretax Income | 130.95M |
| Net Income | 128.46M |
| EBITDA | 573.56M |
| EBIT | 271.11M |
| Earnings Per Share (EPS) | $1.22 |
Balance Sheet
The company has $27.29 million in cash and $3.26 billion in debt, giving a net cash position of -$3.24 billion or -$30.52 per share.
| Cash & Cash Equivalents | 27.29M |
| Total Debt | 3.26B |
| Net Cash | -3.24B |
| Net Cash Per Share | -$30.52 |
| Equity / Book Value | 2.35B |
| Book Value Per Share | 22.14 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $393.70 million and capital expenditures -$77.82 million, giving a free cash flow of $315.88 million.
| Operating Cash Flow | 393.70M |
| Capital Expenditures | -77.82M |
| Free Cash Flow | 315.88M |
| FCF Per Share | $2.99 |
Margins
Gross margin is 67.15%, with operating and profit margins of 32.21% and 15.43%.
| Gross Margin | 67.15% |
| Operating Margin | 32.21% |
| Pretax Margin | 15.73% |
| Profit Margin | 15.43% |
| EBITDA Margin | 68.89% |
| EBIT Margin | 32.56% |
| FCF Margin | 37.94% |
Dividends & Yields
This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 7.61%.
| Dividend Per Share | $2.00 |
| Dividend Yield | 7.61% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 163.93% |
| Buyback Yield | -0.29% |
| Shareholder Yield | 7.32% |
| Earnings Yield | 4.61% |
| FCF Yield | 11.34% |
Analyst Forecast
The average price target for HIW is $24.50, which is -6.77% lower than the current price. The consensus rating is "Hold".
| Price Target | $24.50 |
| Price Target Difference | -6.77% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 2.79% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |