Highwoods Properties, Inc. (HIW) Company Profile & Statistics

Highwoods Properties, Inc.
HIW
(NYSE)
Closed
31.96
+0.07 (+0.22%)
in:usd•As of: Nov 22, 2024 15:59 UTC -5
Open
32.04
High
32.21
Low
31.84

About Highwoods Properties, Inc.

CEO

Theodore J. Klinck

Headquarters

150 fayetteville street, ste 1400

raleigh, nc 27601, united states

Auditor

Deloitte & Touche LLP

Employees

349

Share Holders

602

Website

www.highwoods.com

Industry

real estate investment trusts

Sector

finance

Company Overview

Highwoods Properties, Inc. is an office real estate investment trust (REIT) that owns, develops, acquires, leases and manages office properties. Its core portfolio consists of properties in the best business districts (BBDs) within its footprint of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. The company's long-term strategic plan entails acquisition of high-quality, trophy office buildings in the BBDs of markets that enjoy favorable economic and demographic trends.

Highwoods Properties, Inc. Statistics

Valuation Measures

Market Capitalization ²	3.39B
Enterprise Value	6.65B
Enterprise Value/EBITDA (ttm)	12.80
Price to Earnings Ratio (ttm)	8.37
Price to Book (mrq)	1.43
Price to Sales (ttm)	4.03
Price to Cash (ytd)	7.33

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	17.40%
Profit Margin (ttm)	17.13%
Return on Equity (ttm)	6.05%
Return on Invested Capital (ttm)	2.60%
Return on Assets (ttm)	2.40%

Income Statement

Revenue (ttm)	827.20M
Revenue Per Share (ttm)	7.80
Gross Profit (ttm)	0.00
EBITDA (ttm)³	519.54M
Net Income Avi to Common (ttm)	141.49M
Diluted EPS (ttm)	1.34

Share Statistics

Beta (5Y Monthly)	1.26
52-Week Change	79.40%
S&P500 52-Week Change	31.00%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	106.02M
Dividend Yield	6.36%
Float ⁴	104.32M
% Held by Insiders	1.60%
% Held by Institutions	96.31%

Balance Sheet

Total Cash (mrq)	33.93M
Total Cash Per Share (mrq)	0.32
Total Debt (mrq)	3.30B
Total Debt/Equity (mrq)	139.34%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.31%
Book Value Per Share (mrq)	22.31

Cash Flow

Operating Cash Flow Per Share (ytd)	2.77
Free Cash Flow (ytd)	246.75M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Highwoods Properties, Inc.

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