HIW Highwoods Properties Inc

Price (delayed)

$20.72

Market cap

$2.19B

P/E Ratio

16.06

Dividend/share

$2

EPS

$1.29

Enterprise value

$5.38B

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT ...

Highlights
The price to earnings (P/E) is 17% lower than the 5-year quarterly average of 19.4 and 3.8% lower than the last 4 quarters average of 16.7
HIW's revenue is up by 2.2% year-on-year
HIW's EPS is down by 46% YoY and by 10% QoQ
The company's net income fell by 46% YoY and by 10% QoQ

Key stats

What are the main financial stats of HIW
Market
Shares outstanding
105.69M
Market cap
$2.19B
Enterprise value
$5.38B
Valuations
Price to book (P/B)
0.91
Price to sales (P/S)
2.61
EV/EBIT
19.99
EV/EBITDA
9.53
EV/Sales
6.42
Earnings
Revenue
$838.85M
EBIT
$269.25M
EBITDA
$564.81M
Free cash flow
$208.56M
Per share
EPS
$1.29
Free cash flow per share
$1.97
Book value per share
$22.79
Revenue per share
$7.94
TBVPS
$57.01
Balance sheet
Total assets
$6.02B
Total liabilities
$3.52B
Debt
$3.21B
Equity
$2.41B
Working capital
N/A
Liquidity
Debt to equity
1.33
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.65
Margins
EBITDA margin
67.3%
Gross margin
67.9%
Net margin
16.5%
Operating margin
30.3%
Efficiency
Return on assets
2.2%
Return on equity
5.6%
Return on invested capital
2.9%
Return on capital employed
N/A
Return on sales
32.1%
Dividend
Dividend yield
9.65%
DPS
$2
Payout ratio
155%

HIW stock price

How has the Highwoods Properties stock price performed over time
Intraday
1.22%
1 week
10.68%
1 month
5.34%
1 year
-25.23%
YTD
-25.95%
QTD
0.53%

Financial performance

How have Highwoods Properties's revenue and profit performed over time
Revenue
$838.85M
Gross profit
$569.94M
Operating income
$254M
Net income
$138.27M
Gross margin
67.9%
Net margin
16.5%
The net margin has contracted by 47% YoY and by 10% from the previous quarter
The company's net income fell by 46% YoY and by 10% QoQ
HIW's operating margin is down by 31% year-on-year and by 3.5% since the previous quarter
The company's operating income fell by 30% YoY and by 3.7% QoQ

Growth

What is Highwoods Properties's growth rate over time

Valuation

What is Highwoods Properties stock price valuation
P/E
16.06
P/B
0.91
P/S
2.61
EV/EBIT
19.99
EV/EBITDA
9.53
EV/Sales
6.42
HIW's EPS is down by 46% YoY and by 10% QoQ
The price to earnings (P/E) is 17% lower than the 5-year quarterly average of 19.4 and 3.8% lower than the last 4 quarters average of 16.7
The stock's price to book (P/B) is 46% less than its 5-year quarterly average of 1.7 and 9% less than its last 4 quarters average of 1.0
The price to sales (P/S) is 49% lower than the 5-year quarterly average of 5.1 and 13% lower than the last 4 quarters average of 3.0
HIW's revenue is up by 2.2% year-on-year

Efficiency

How efficient is Highwoods Properties business performance
HIW's return on assets has dropped by 50% year-on-year and by 12% since the previous quarter
HIW's return on equity is down by 47% year-on-year and by 11% since the previous quarter
The company's return on invested capital fell by 31% YoY and by 3.3% QoQ
HIW's ROS is down by 26% YoY and by 3% QoQ

Dividends

What is HIW's dividend history
DPS
$2
Dividend yield
9.65%
Payout ratio
155%
Recent dividends

Financial health

How did Highwoods Properties financials performed over time
The total assets is 71% more than the total liabilities
HIW's total liabilities is up by 7% year-on-year
The total assets has grown by 2.6% YoY
The debt is 33% more than the equity
HIW's debt to equity is up by 9% year-on-year
The debt has grown by 8% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.