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Highwoods Properties Inc   (HIW)
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Highwoods Properties Inc

HIW's Financial Statements and Analysis



Highwoods Properties Inc reported in the forth quarter of 2023 net earnings per share of $0.20 a decrease by -43.93 % year on year from $0.36 and decline of -49.54 % from $0.40 earned in II. Quarter (Jun 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.2 $  207 Mill
$-0.16     -43.93 % Unch.     -0.02 %



Highwoods Properties Inc 's Revenue fell by -0.02 % in forth quarter of 2023 (Dec 31 2023) year on year, to $207 million and declined by -0.16 % sequentially.


Highwoods Properties Inc is

More on HIW's Income Statement



Highwoods Properties Inc 's net income of $22.396 million in the forth quarter of 2023 decreased by -44.16 % from net earnings of $40.110 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -48.95 % from net income of $43.870 million realized in previous quarter.

More on HIW's Growth

Highwoods Properties Inc Inventories
HIW's Cash flow In the forth quarter of 2023 company's net cash flow was $9 million, capital expenditures grew by -203.308-92.53%, to $-15 millions compare to same quarter a year ago

More on HIW's Cash flow Statement


Highwoods Properties Inc payed out dividend of $2.03 per share in last 52 weeks representing 270.67 % of net earning per share in trailing twelve-month period.

During the same period Highwoods Properties Inc earned $ 4.65 cash per share, on a free-cash flow basis 619.59 % of net earning per share.

Book value grew by 1.67 % sequentially to $23.17 per share, -6.61% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 20.75 per share from $ 20.36.

Company repurchased 2.61 million shares or 2.42 % in Dec 31 2023.
Interest Coverage Ratio was 1.52. Debt Coverage Ratio was 0.07.

More on HIW's Dividends

 Market Capitalization (Millions) 2,614
 Shares Outstanding (Millions) 105
 Total Debt (Millions $) 3,213
 Revenue (TTM) (Millions $) 891
 Net Income (TTM) (Millions $) 81
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) -71
 Dividend TTM ($) 2.03 $
 Dividend Yield TTM (%) 16.1 %
 Employees (TTM) $ 541




Highwoods Properties Inc payed out dividend of $2.03 per share in the last 52 weeks representing 270.67 % of net earning per share in trailing twelve-month period.

During the same period Highwoods Properties Inc had $ 4.65 cash flow per share, on a free-cash flow basis 619.59 % of net earning per share.

Book value grew by 1.67 % sequentially to $23.17 per share, -6.61% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 20.75 per share from $ 20.36.

Company repurchased 2.61 million shares or 2.42 % in Dec 31 2023.
Interest Coverage Ratio was 1.52. Debt Coverage Ratio was 0.07.

More on HIW's Balance Sheets

 Market Capitalization (Millions) 2,614
 Shares Outstanding (Millions) 105
 Total Debt (Millions $) 3,213
 Revenue (TTM) (Millions $) 891
 Net Income (TTM) (Millions $) 81
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) -71
 Dividend TTM ($) 2.03 $
 Dividend Yield TTM (%) 16.1 %
 Employees (TTM) $ 541
   


  News about Highwoods Properties Inc Earnings

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 ...


Date modified: 2024-02-06T23:38:56+00:00





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