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Highwoods Properties Inc   (HIW)
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Price: $23.9600 $0.14 0.588%
Day's High: $24.2 Week Perf: -2.12 %
Day's Low: $ 23.77 30 Day Perf: -1.96 %
Volume (M): 764 52 Wk High: $ 26.27
Volume (M$): $ 18,298 52 Wk Avg: $22.43
Open: $23.89 52 Wk Low: $17.06



 Market Capitalization (Millions $) 2,521
 Shares Outstanding (Millions) 105
 Employees 541
 Revenues (TTM) (Millions $) 891
 Net Income (TTM) (Millions $) 81
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 71

Highwoods Properties Inc
Highwoods Properties Inc. is a real estate investment trust (REIT) that focuses on owning, managing, developing and acquiring office properties mainly in the Southeast region of the United States. The company was founded in 1994 and is headquartered in Raleigh, North Carolina.

As of 2021, the company has a portfolio of over 70 properties, consisting of approximately 46 million rentable square feet of office space. These properties are located in major cities, including Atlanta, Tampa, Orlando, Nashville, Charlotte, and Raleigh.

One of Highwoods Properties' key objectives is to provide high-quality office space that supports the productivity and success of its tenants, who are primarily corporations, government agencies, and other entities in need of office space. As such, the company has a reputation for developing and acquiring properties that meet the highest standards in terms of location, design, and tenant amenities.

Highwoods Properties pride itself on its commitment to sustainability and has received numerous awards for their environmentally conscious practices. They utilize green building strategies and follow energy-efficient guidelines in their construction projects. The companyes commitment towards sustainability has been reflected in their efforts towards achieving LEED certification status for many of their buildings.

The company is also known for its strong financial performance. As of 2021, Highwoods Properties is a publicly-traded company listed on the New York Stock Exchange (NYSE) under the symbol HIW. The company has consistently delivered solid financial performance, which is reflected in its revenue growth, strong balance sheet, and dividend payouts.

In addition, Highwoods Properties has a strong corporate social responsibility program. The company advocates for diversity and inclusion and supports its local communities through its philanthropic initiatives. The company has supported various charitable organizations that focus on education, healthcare, and community development.

In conclusion, Highwoods Properties Inc. is a well-established and reputable REIT that focuses on owning, developing, and acquiring high-quality office spaces in the Southeast region of the United States. The company's commitment to sustainability, strong financial performance, and commitment to corporate social responsibility have earned it a reputation as a leader in the commercial real estate industry.


   Company Address: 150 Fayetteville Street Raleigh 27601 NC
   Company Phone Number: 872-4924   Stock Exchange / Ticker: NYSE HIW
    Next quarterly dividend pay out on June 11, 2024.


   

Stock Performances by Major Competitors

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Dividend

Highwoods Declares Quarterly Dividends, Demonstrating Commitment to Shareholders

Published Wed, Apr 17 2024 8:05 PM UTC


Raleigh, NC - Highwoods Properties, Inc. (NYSE: HIW) has recently announced that its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2024. This equates to an annualized dividend of $2.00 per share. The quarterly dividend will be payable on June 11, 2024, to all shareholders recorded as of May 20, 2024.

Product Service News

Highwoods Properties Continues to Thrive as Uptown Dallas Development Fills Up

Published Fri, Mar 1 2024 12:00 PM UTC

In a substantial update on its leasing activities, Highwoods Properties revealed that it has signed additional leases totaling 129,000 square feet at its prestigious 23Springs development in Uptown Dallas. With these new signings, the project has reached an impressive 53% pre-leasing milestone. This article will outline the key facts and assess the impact of these developmen...

Financing Agreement

Highwoods Recasts Credit Facility: Strengthening Financial Position for Sustainable Growth

Published Thu, Jan 25 2024 9:05 PM UTC

Maintains Borrowing Capacity
Extends Maturity Date


Highwoods Properties Inc., a leading real estate investment trust specializing in office spaces, has successfully recast its credit facility, a move that demonstrates the company's commitment to strengthening its financial position in the midst of economic uncertainties. By mainta...

Highwoods Properties Inc

Highwoods Properties Inc Records Stellar Revenue Growth Amid Surprising Earnings Downturn in Q2 2023

Highwoods Properties Inc is a real estate investment trust (REIT) that recently announced conflicting earnings in the fiscal second quarter of 2023. The company experienced a growth in revenue of 6.034% to $207.29 million compared to $195.50 million in the previous year. However, the earnings per share (EPS) plummeted by -42.03% to $0.40 per share, a significant decrease from $0.69 in the prior year quarter.
The decline in EPS is certainly a matter of concern for investors, as it indicates a decrease in profitability and potential challenges for the company. Additionally, the net profits of $43.870 million in the second quarter of 2023 fell by -41.96% from $75.587 million in the corresponding period the previous year. These declining numbers suggest that Highwoods Properties Inc may be facing some financial difficulties.






 

Highwoods Properties Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Highwoods Properties Inc does not provide revenue guidance.

Earnings Outlook
Highwoods Properties Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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