Highwoods Properties, Inc. (HIW)
Company Info
| ISIN | US4312841087 |
|---|---|
| CUSIP | 431284108 |
| Sector | Real Estate |
| Industry | REIT - Office |
| IPO Date | Jun 7, 1994 |
Highlights
| Market Cap | $3.49B |
|---|---|
| EPS (TTM) | $1.34 |
| PE Ratio | 24.08 |
| PEG Ratio | 5.09 |
| Total Revenue (TTM) | $827.76M |
| Gross Profit (TTM) | $407.25M |
| EBITDA (TTM) | $517.89M |
| Year Range | $16.62 - $36.78 |
| Target Price | $33.00 |
| Short % | 11.09% |
| Short Ratio | 8.26 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HIW vs. OFC, HIW vs. OLP, HIW vs. SPY, HIW vs. ABR, HIW vs. O, HIW vs. VOO, HIW vs. SBRA, HIW vs. NNN, HIW vs. MNR
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Highwoods Properties, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Highwoods Properties, Inc. had a return of 48.31% year-to-date (YTD) and 81.45% in the last 12 months. Over the past 10 years, Highwoods Properties, Inc. had an annualized return of 2.54%, while the S&P 500 had an annualized return of 11.39%, indicating that Highwoods Properties, Inc. did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 48.31% | 25.48% |
| 1 month | -5.93% | 2.14% |
| 6 months | 21.85% | 12.76% |
| 1 year | 81.45% | 33.14% |
| 5 years (annualized) | -1.47% | 13.96% |
| 10 years (annualized) | 2.54% | 11.39% |
Monthly Returns
The table below presents the monthly returns of HIW, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.04% | 8.73% | 7.08% | 0.08% | 1.00% | 1.15% | 17.89% | 5.70% | 4.00% | 0.09% | 48.31% | ||
| 2023 | 8.54% | -11.23% | -12.49% | -1.16% | -7.54% | 15.62% | 5.69% | -3.58% | -13.51% | -13.20% | 8.82% | 21.16% | -10.14% |
| 2022 | -3.30% | 2.28% | 4.91% | -10.71% | -2.53% | -12.98% | 4.04% | -13.24% | -11.34% | 4.71% | 7.45% | -6.11% | -33.58% |
| 2021 | -5.40% | 7.85% | 7.46% | 4.31% | 3.12% | -1.12% | 5.58% | -3.14% | -4.01% | 2.23% | -2.62% | 3.22% | 17.63% |
| 2020 | 2.45% | -9.61% | -21.08% | 9.57% | 0.10% | -2.46% | 2.71% | -1.59% | -9.90% | -11.32% | 30.46% | 3.47% | -14.76% |
| 2019 | 14.55% | 5.56% | 1.01% | -4.70% | -0.55% | -5.84% | 9.76% | -3.66% | 4.00% | 4.14% | 4.81% | 0.74% | 31.82% |
| 2018 | -5.95% | -9.20% | 1.88% | 0.46% | 9.79% | 6.06% | -3.19% | 2.23% | -4.99% | -9.78% | 2.78% | -10.79% | -20.84% |
| 2017 | 0.78% | 3.01% | -6.40% | 3.56% | -0.06% | 0.62% | 1.60% | 2.28% | -0.27% | -2.00% | 0.34% | 0.24% | 3.37% |
| 2016 | -3.00% | 4.03% | 9.78% | -2.26% | 5.05% | 8.51% | 5.53% | -4.07% | -1.73% | -4.78% | -2.32% | 7.85% | 23.16% |
| 2015 | 6.14% | -2.09% | 0.37% | -5.98% | -1.57% | -4.77% | 5.96% | -9.47% | 2.13% | 12.13% | 1.25% | 0.09% | 2.34% |
| 2014 | 2.68% | 2.69% | 1.86% | 5.05% | 1.61% | 3.38% | 0.29% | 2.14% | -8.58% | 10.21% | 1.68% | 2.59% | 27.60% |
| 2013 | 7.62% | 2.57% | 8.41% | 3.69% | -10.29% | -2.22% | 1.88% | -5.77% | 4.53% | 9.32% | -5.90% | 0.70% | 13.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HIW is 93, placing it in the top 7% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Highwoods Properties, Inc. (HIW) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Highwoods Properties, Inc. provided a 6.21% dividend yield over the last twelve months, with an annual payout of $2.00 per share. The company has been increasing its dividends for 6 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.00 | $2.00 | $2.00 | $1.96 | $1.92 | $1.90 | $1.85 | $1.76 | $2.50 | $1.70 | $1.70 | $1.70 |
Dividend yield | 6.21% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.79% | 3.46% | 4.90% | 3.90% | 3.84% | 4.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Highwoods Properties, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.00 | $1.50 | |
| 2023 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $2.00 |
| 2022 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $2.00 |
| 2021 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $1.96 |
| 2020 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $1.92 |
| 2019 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $1.90 |
| 2018 | $0.00 | $0.46 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.46 | $0.00 | $1.85 |
| 2017 | $0.00 | $0.44 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.44 | $0.00 | $1.76 |
| 2016 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.80 | $2.50 |
| 2015 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $1.70 |
| 2014 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $1.70 |
| 2013 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $1.70 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Highwoods Properties, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Highwoods Properties, Inc. was 63.53%, occurring on Nov 20, 2008. Recovery took 867 trading sessions.
The current Highwoods Properties, Inc. drawdown is 18.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.53% | Feb 23, 2007 | 442 | Nov 20, 2008 | 867 | May 2, 2012 | 1309 |
| -58.93% | Feb 18, 2020 | 930 | Oct 25, 2023 | — | — | — |
| -36.7% | Jan 5, 1998 | 491 | Dec 14, 1999 | 531 | Jan 29, 2002 | 1022 |
| -31.49% | Apr 11, 2002 | 155 | Nov 18, 2002 | 221 | Oct 6, 2003 | 376 |
| -26.43% | Jul 9, 2018 | 118 | Dec 24, 2018 | 234 | Nov 27, 2019 | 352 |
Volatility
Volatility Chart
The current Highwoods Properties, Inc. volatility is 6.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Highwoods Properties, Inc. compared to its peers in the REIT - Office industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for HIW in comparison to other companies of the REIT - Office industry. Currently, HIW has a PE value of 24.1. This PE value is considered to be low compared to the rest of the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for HIW in comparison to other companies of the REIT - Office industry. Currently, HIW has a PEG value of 5.1. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Highwoods Properties, Inc..
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Income Statement
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Cost Of Revenue | — |
Gross Profit | — |
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Depreciation And Amortization | — |
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Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
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Interest Income | — |
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Net Interest Income | — |