Highwoods Properties Inc HIW Fundamentals and Key Ratios

Highwoods Properties Inc. (HIW) Fundamentals


Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

SHARE INFORMATION
Market Cap	$ 2,196,802,715
Shares Outstanding	105,210,858
Float	60,808,488
Percent Float	57.8%
Short Interest	0.00
Short Percent Float	0.0%
Short Interest Ratio	0.00
Short Interest Date	-
Latest Fiscal Dividend Per Share	$ 2.00
Latest Fiscal Revenue	$ 828,929,000
Latest Fiscal EPS	$ 1.48
Latest Fiscal Date	2022-12-31

DIVIDENDS
Dividend (3 Years)	$ 1.76
Dividend (5 Years)	$ 2.38
Ex Dividend Date	2023-02-17
Dividend Rate	$ 2.00
Dividend Yield	9.58%
Payment Cash	Cash

HOLDERS
Institutions	720
Institutional Holdings Date	2023-02-28
Institutional Bought Previous 3 Months	11,033,309
Institutional Holdings Percent	177.7%
Institutional Sold Previous 3 Months	18,574,701
Insider Holdings Date	2023-02-28
Insider Bought Previous 3 Months	-
Insider Holdings Percent	2.2
Insider Sold Previous 3 Months	600
Insider Shares Owned	2,318,256

TRADING INFO
52 Week High	$ 47.01
52 Week Low	$ 20.45
52 Week High Change	$ -50.22
21 Day Moving Average	$ 24.7048
21 Day Extended Moving Average	$ 24.2268
50 Day Moving Average	$ 27.2772
50 Day Extended Moving Average	$ 26.3289
200 Day Moving Average	$ 28.9483
200 Day Extended Moving Average	$ 30.4551
10 Day Average Volume	1,793,371
20 Day Average Volume	1,338,042
30 Day Average Volume	1,126,591
50 Day Average Volume	1,014,691
Alpha	-0.009734
Beta	1.1424
Standard Deviation	0.081269
R2	0.573047
7 Day Price Change	$ -1.60
7 Day Percent Change	-7.12%
21 Day Price Change	$ -5.99
21 Day Percent Change	-22.29%
30 Day Price Change	$ -6.46
30 Day Percent Change	-23.63%
Month to Date Price Change	$ -5.62
Month to Date Percent Change	-21.21%
Quarter to Date Price Change	$ -6.62
Quarter to Date Percent Change	-24.08%
180 Day Price Change	$ -6.54
180 Day Percent Change	-23.84%
200 Day Price Change	$ -8.18
200 Day Percent Change	-28.14%
Year to Date Price Change	$ -6.62
Year to Date Percent Change	-24.08%

PROFITABILITY
EBIT Margin	44.5%
EBITDA Margin	78.9%
Pre-Tax Profit Margin	35.2%
Profit Margin Count	19.65%
Gross Margin	68.7%
Profit Margin TOT	19.65%

INCOME STATEMENTS
Revenue	$ 828,929,000
Revenue Per Share	$ 7.8787
Revenue (3 Years)	$ 4.06
Revenue (5 Years)	$ 2.96

FINANCIAL STRENGTH
Price to Tangible Book	1.00
Total Debt To Equity	1.30
Int Coverage	2.60
Current Ratio	1.40
Leverage Ratio	2.40
Quick Ratio	1.10
Long Term Debt To Capital	0.56

VALUATION MEASURES
PE Ratio	14.80
Enterprise Value	$ 5,520,369,984
Price to Sales	2.6502
Price to Free Cash	-44.00
PE High Last 5 Years	40.60
Price To Book	1.00
Price To Cash Flow	5.60
PE Low Last 5 Years	8.30
Price to Tangible Book	1.00

MANAGEMENT EFFECTIVENESS
Receivables Turnover	2.70
Invoice Turnover	0.00
Assets Turnover	0.10
Return Assets	2.74
Return on Equity	6.58
Return on Capital	7.60

PROFILE INFO
Issue Type	CS
SEC Type	EQS
Auditor	Deloitte & Touche LLP
CEO	Theodore J. Klinck
Emplyoees	345
Last Audit	UQ
CIK	0000921082
Industry	REITs
Sector	Real Estate
NAICS	Lessors of Other Real Estate Property(531190)

CONTACT INFO
Address	150 Fayetteville Street Suite 1400 Raleigh, NC 27601
Website	https://www.highwoods.com
Facsimile	+1 919 876-2448
Telephone	+1 919 872-4924
Email	Brendan.Maiorana@highwoods.com

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