- ISIN
- US4312841087
- CUSIP
- 431284108
- Sector
- Real Estate
- Industry
- REIT - Office
- IPO Date
- Jun 7, 1994
Highlights
- Market Cap
- $3.29B
- Enterprise Value
- $3.26B
- EPS (TTM)
- $0.55
- PE Ratio
- 53.55
- Total Revenue (TTM)
- $605.73M
- Gross Profit (TTM)
- $409.39M
- EBITDA (TTM)
- $478.95M
- Year Range
- $20.45 - $32.76
- Target Price
- $27.00
- ROA (TTM)
- 0.92%
- ROE (TTM)
- 2.56%
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
HIW Performance Chart
Highwoods Properties, Inc. (HIW) is up 18.6% since the beginning of the year. At $29 per share, HIW is trading 10.3% below its 52-week high of $33. Investors who bought $1,000 worth of HIW shares 5 years ago would now be looking at an investment worth $911.
Loading charts...
Returns By Period
Highwoods Properties, Inc. (HIW) has returned 18.63% so far this year and 0.50% over the past 12 months. Over the last ten years, HIW has returned 0.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Highwoods Properties, Inc.
- 1D
- 0.34%
- 1M
- 14.54%
- YTD
- 18.63%
- 6M
- 19.98%
- 1Y
- 0.50%
- 3Y*
- 20.35%
- 5Y*
- -1.84%
- 10Y*
- 0.44%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HIW Monthly Returns History
Based on dividend-adjusted daily data since Jun 8, 1994, HIW's average daily return is +0.05%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +30.5%, while the worst month was Oct 2008 at -30.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, HIW closed higher 49% of trading days. The best single day was Nov 24, 2008 with a return of +23.3%, while the worst single day was Dec 1, 2008 at -25.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.12% | -11.07% | -4.80% | 13.55% | 9.51% | 12.57% | 18.63% | ||||||
| 2025 | -2.58% | -0.51% | 1.75% | -4.05% | 6.15% | 4.68% | -6.69% | 10.58% | 0.92% | -10.03% | -1.20% | -7.12% | -9.61% |
| 2024 | 0.04% | 8.73% | 7.08% | 0.08% | 1.00% | 1.16% | 17.89% | 5.70% | 4.00% | 0.09% | -1.67% | -5.79% | 43.11% |
| 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% | -2.63% | 3.22% | 17.63% |
Benchmark Metrics
Highwoods Properties, Inc. has an annualized alpha of 1.94%, beta of 1.00, and R2 of 0.34 versus S&P 500 Index. Calculated based on daily prices since June 08, 1994.
- This stock participated in 92.07% of S&P 500 Index downside but only 85.40% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.34 means the benchmark explains less than half of this stock's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.94%
- Beta
- 1.00
- R²
- 0.34
- Upside Capture
- 85.40%
- Downside Capture
- 92.07%
Return for Risk
Risk / Return Rank
HIW ranks 40 for risk / return — below 40% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Highwoods Properties, Inc. (HIW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HIW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.37 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | 2.78 | -2.77 |
| Martin ratioReturn relative to average drawdown | 0.03 | 12.44 | -12.41 |
Dividends
Dividend History
Highwoods Properties, Inc. provided a 6.81% dividend yield over the last twelve months, with an annual payout of $2.00 per share. The company has been increasing its dividends for 8 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.00 | $2.00 | $2.00 | $2.00 | $2.00 | $1.96 | $1.92 | $1.90 | $1.85 | $1.76 | $2.50 | $1.70 |
Dividend yield | 6.81% | 7.75% | 6.54% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.78% | 3.46% | 4.90% | 3.90% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $1.00 | ||||||
| 2025 | $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 |
| 2024 | $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 |
| 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 |
Dividend Yield & Payout
Dividend Yield
Highwoods Properties, Inc. has a dividend yield of 6.81%, which means its dividend payment is significantly above the market average.
Payout Ratio
Highwoods Properties, Inc. has a payout ratio of 361.83%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
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.
Loading charts...
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 63.47%, occurring on Nov 20, 2008. Recovery took 867 trading sessions.
The current Highwoods Properties, Inc. drawdown is 15.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -63.47%Nov 2008 | 1y 9mo | 3y 5mo | 5y 2moFeb 2007 - May 2012 |
2023 bear market2023 | -58.93%Oct 2023 | 3y 8mo | — | 6y 4moFeb 2020 - now |
1999 bear market1999 | -36.71%Dec 1999 | 1y 11mo | 2y 1mo | 4y 24dJan 1998 - Jan 2002 |
Dot-com crash2000–2002 | -31.41%Nov 2002 | 7mo 11d | 10mo 22d | 1y 5moApr 2002 - Oct 2003 |
Rate-hike selloffLate 2018 | -26.43%Dec 2018 | 5mo 18d | 11mo 8d | 1y 4moJul 2018 - Nov 2019 |
Drawdown Indicators
| HIW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.47% | -56.78% | -6.69% |
Max Drawdown (1Y)Largest decline over 1 year | -34.03% | -9.10% | -24.93% |
Max Drawdown (3Y)Largest decline over 3 years | -37.09% | -18.90% | -18.19% |
Max Drawdown (5Y)Largest decline over 5 years | -58.22% | -25.43% | -32.79% |
Max Drawdown (10Y)Largest decline over 10 years | -58.93% | -33.92% | -25.01% |
Current DrawdownCurrent decline from peak | -15.24% | -1.80% | -13.44% |
Average DrawdownAverage peak-to-trough decline | -14.58% | -10.71% | -3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.91% | 2.03% | +14.88% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Highwoods Properties, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Highwoods Properties, Inc. is priced in the market compared to other companies in the REIT - Office industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for HIW, comparing it with other companies in the REIT - Office industry. Currently, HIW has a P/E ratio of 53.5. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for HIW relative to other companies in the REIT - Office industry. Currently, HIW has a P/S ratio of 5.4. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for HIW in comparison with other companies in the REIT - Office industry. Currently, HIW has a P/B value of 1.4. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
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 | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
Build a portfolio with HIW
Add Highwoods Properties, Inc. to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with HIW