Highwoods Properties Inc. (HIW)

Price$27.88

Value ScoreB

Growth ScoreD

Momentum ScoreB

Favorite Metrics

Price vs S&P 500 (26W)-7.64%

Price vs S&P 500 (4W)9.69%

VGM Score49.68

Market Capitalization$3.08B

P/E Ratio (Annual)19.30x

Indicated Dividend Yield (Annual)7.25%

All Metrics

P/CF (Annual)8.57x

Book Value / Share (Quarterly)$21.48

P/TBV (Annual)0.76x

Indicated Dividend (Annual)$2.00

Revenue Growth (3Y)-0.92%

Cash Flow / Share (Quarterly)$2.93

Payout Ratio (TTM)235.54%

Price vs S&P 500 (YTD)-0.18%

Gross Margin (TTM)67.39%

Net Profit Margin (TTM)12.95%

EPS (TTM)$0.84

10-Day Avg Trading Volume1.38M

EPS Excl Extra (TTM)$0.84

Revenue Growth (5Y)1.81%

EPS (Annual)$1.44

Dividend / Share (Annual)$2.01

ROI (Annual)2.69%

Gross Margin (Annual)67.58%

Net Profit Margin (5Y Avg)22.00%

Cash / Share (Quarterly)$0.29

P/E Basic Excl Extra (TTM)32.95x

Revenue Growth QoQ (YoY)6.81%

EPS Growth (5Y)-15.01%

P/E Normalized (Annual)19.30x

ROA (Last FY)2.54%

Revenue Growth TTM (YoY)-24.17%

EBITD / Share (TTM)$4.50

ROE (5Y Avg)7.24%

Operating Margin (TTM)24.64%

Cash Flow / Share (Annual)$2.82

P/B Ratio1.30x

P/B Ratio (Quarterly)1.00x

Net Income / Employee (Annual)$506,700

EV / Revenue (TTM)10.92x

Net Interest Coverage (TTM)2.08x

ROA (TTM)1.49%

EPS Growth QoQ (YoY)-68.08%

EV / EBITDA (TTM)13.57x

EPS Incl Extra (Annual)$1.44

Current Ratio (Annual)1.44x

Quick Ratio (Quarterly)1.49x

3-Month Avg Trading Volume1.42M

52-Week Price Return-8.41%

EV / Free Cash Flow (Annual)21.81x

P/E Incl Extra (TTM)32.95x

Revenue / Employee (TTM)$1,961,900

Tangible BV / Share (Quarterly)$23.21

P/S Ratio (Annual)3.82x

Asset Turnover (Annual)0.13x

52-Week High$32.76

Operating Margin (5Y Avg)25.94%

EPS Excl Extra (Annual)$1.44

CapEx CAGR (5Y)-32.72%

Tangible BV CAGR (5Y)2.21%

26-Week Price Return0.29%

Quick Ratio (Annual)1.36x

13-Week Price Return21.38%

Total Debt / Equity (Annual)1.49x

Current Ratio (Quarterly)1.49x

Enterprise Value$6.75B

Revenue / Share Growth (5Y)1.09%

Asset Turnover (TTM)0.10x

Book Value / Share Growth (5Y)-0.76%

Revenue / Employee (Annual)$2,559,100

Inventory Turnover (Annual)6.65x

Pretax Margin (Annual)20.18%

Cash / Share (Annual)$0.25

3-Month Return Std Dev28.25%

Gross Margin (5Y Avg)68.05%

Net Income / Employee (TTM)$296,800

EBITDA CAGR (5Y)1.20%

EBITDA Interim CAGR (5Y)1.96%

ROE (Last FY)6.71%

Net Interest Coverage (Annual)1.63x

EPS Basic Excl Extra (Annual)$1.44

P/FCF (TTM)9.53x

Receivables Turnover (TTM)1.78x

EV / Free Cash Flow (TTM)20.88x

Total Debt / Equity (Quarterly)1.56x

EPS Incl Extra (TTM)$0.84

Receivables Turnover (Annual)2.36x

ROI (TTM)1.59%

Dividend Growth Rate (5Y)0.72%

P/S Ratio (TTM)4.98x

Pretax Margin (5Y Avg)22.57%

Revenue / Share (Annual)$7.29

Tangible BV / Share (Annual)$23.54

Forward P/E27.24x

Price vs S&P 500 (52W)-32.78%

P/E Ratio (TTM)32.95x

EPS Growth TTM (YoY)-46.90%

Year-to-Date Return7.98%

5-Day Price Return5.65%

EPS Normalized (Annual)$1.44

ROA (5Y Avg)2.97%

Net Profit Margin (Annual)19.80%

Month-to-Date Return6.82%

Cash Flow / Share (TTM)$4.03

EBITD / Share (Annual)$4.44

EPS Growth (3Y)-0.80%

Operating Margin (Annual)24.30%

LT Debt / Equity (Annual)1.49x

P/CF (TTM)8.20x

ROI (5Y Avg)3.18%

P/E Excl Extra (TTM)32.95x

LT Debt / Equity (Quarterly)1.56x

EPS Basic Excl Extra (TTM)$0.84

P/TBV (Quarterly)0.77x

Payout Ratio (Annual)137.26%

P/B Ratio (Annual)1.20x

Dividend / Share (TTM)$2.02

Inventory Turnover (TTM)6.68x

Pretax Margin (TTM)13.32%

Book Value / Share (Annual)$21.65

Price vs S&P 500 (13W)13.12%

Net Margin Growth (5Y)-15.93%

Dividend Yield (TTM)7.15%

Beta1.07x

P/FCF (Annual)9.95x

Revenue / Share (TTM)$5.51

ROE (TTM)3.94%

52-Week Low$20.45

vGradeB

gGradeD

mGradeB

vgmGradeC

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Earnings Surprise History

Q1 260.29est. 0.11

Analyst Recommendations

Mar 2026

Apr 2026

May 2026

Jun 2026

3.43

3.50

Industry Peers — REITs(225)

Symbol	Value Score	Growth Score	Momentum Score	Price
HIWHighwoods Properties Inc.	B	D	B	$27.88
WELLWelltower Inc.	F	B	B	$206.93
PLDPROLOGIS, INC.	D	B	A	$144.54
EQIXEquinix, Inc. Common Stock REIT	F	B	A	$1080.95
AMTAmerican Tower Corporation	D	C	B	$194.12
SPGSimon Property Group, Inc.	D	B	A	$210.31
DLRDigital Realty Trust, Inc.	D	B	B	$186.79
ORealty Income Corporation	D	B	C	$60.84
PSAPublic Storage	D	C	B	$309.68
CCICrown Castle Inc.	D	D	B	$94.49
VTRVentas, Inc.	D	C	C	$82.02

About

Highwoods Properties is a fully integrated office REIT that owns, develops, acquires, and manages office properties across eight primary markets: Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. The company generates rental income from premium office buildings in leading business districts, with its Raleigh portfolio representing the largest revenue contributor.