Highwoods Properties, Inc.HIW

$29.28+0.66 (+2.31%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
-40%
2016 — today
10-Year Price
-47%
2016 — today
52-Week Range
$20.58$32.44
Current $29.28· 73%

Highwoods Properties, Inc., based in Raleigh, operates as an S&P MidCap 400 Index constituent. This publicly listed Real Estate Investment Trust (REIT), whose shares trade on the NYSE under the ticker HIW, focuses exclusively on office properties. Highwoods is a comprehensively integrated company, handling all aspects of its real estate portfolio from initial acquisition and development to leasing and day-to-day management. Its holdings are strategically concentrated in the prime business districts of several major U.S. cities, specifically Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, its headquarters city of Raleigh, Richmond, and Tampa.

Valuation in context

P/E ratio
34.9
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.3
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
12.5
Around average
Around the 10-year average
Dividend Yield
6.8%
Above average
Above the 10-year average
FCF Yield
9.7%
Above average
Above the 10-year average
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