HIW Highwoods Properties Inc

  1. Stocks
  2. Real Estate
  3. NYSE: HIW

Price (delayed)

$30.62

Market cap

$3.25B

P/E Ratio

21.72

Dividend/share

$2

EPS

$1.41

Enterprise value

$6.4B

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 company's net income rose by 16% QoQ
The debt has contracted by 2.2% from the previous quarter
HIW's EPS is up by 16% QoQ but it is down by 2.1% YoY
The price to earnings (P/E) is 16% higher than the 5-year quarterly average of 17.8 and 14% higher than the last 4 quarters average of 18.1
HIW's equity is down by 2.4% year-on-year
Sector: Real Estate
Industry: REIT - Office
Website: http://www.highwoods.com
Peers: AMH INN DOC SPG

Key stats

What are the main financial stats of HIW
Market
Shares outstanding
106.01M
Market cap
$3.25B
Enterprise value
$6.4B
Valuations
Price to earnings (P/E)
21.72
Price to book (P/B)
1.38
Price to sales (P/S)
3.91
EV/EBIT
21.81
EV/EBITDA
10.76
EV/Sales
7.71
Earnings
Revenue
$829.97M
EBIT
$293.52M
EBITDA
$594.7M
Free cash flow
$345.1M
Per share
EPS
$1.41
Free cash flow per share
$3.26
Book value per share
$22.24
Revenue per share
$7.83
TBVPS
$56.34
Balance sheet
Total assets
$5.97B
Total liabilities
$3.5B
Debt
$3.19B
Equity
$2.36B
Working capital
N/A
Liquidity
Debt to equity
1.35
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.3
Margins
EBITDA margin
71.7%
Gross margin
67.3%
Net margin
18.3%
Operating margin
34.3%
Efficiency
Return on assets
2.5%
Return on equity
6.3%
Return on invested capital
3.2%
Return on capital employed
N/A
Return on sales
35.4%
Dividend
Dividend yield
6.53%
DPS
$2
Payout ratio
141.8%

HIW stock price

How has the Highwoods Properties stock price performed over time
Intraday
5.08%
1 week
10.34%
1 month
20.6%
1 year
20.08%
YTD
33.36%
QTD
16.56%

Financial performance

How have Highwoods Properties's revenue and profit performed over time
Revenue
$829.97M
Gross profit
$558.23M
Operating income
$284.32M
Net income
$151.52M
Gross margin
67.3%
Net margin
18.3%
The net margin has grown by 17% from the previous quarter
The company's net income rose by 16% QoQ
HIW's operating margin is up by 9% year-on-year and by 7% since the previous quarter
The company's operating income rose by 8% YoY and by 6% QoQ

Growth

What is Highwoods Properties's growth rate over time

Valuation

What is Highwoods Properties stock price valuation
HIW P/E details
P/E
21.72
P/B
1.38
P/S
3.91
EV/EBIT
21.81
EV/EBITDA
10.76
EV/Sales
7.71
The price to earnings (P/E) is 16% higher than the 5-year quarterly average of 17.8 and 14% higher than the last 4 quarters average of 18.1
HIW's EPS is up by 16% QoQ but it is down by 2.1% YoY
The stock's price to book (P/B) is 19% more than its last 4 quarters average of 1.1 but 18% less than its 5-year quarterly average of 1.6
HIW's equity is down by 2.4% year-on-year
The price to sales (P/S) is 24% higher than the last 4 quarters average of 3.0 but 21% lower than the 5-year quarterly average of 4.7

Efficiency

How efficient is Highwoods Properties business performance
HIW's return on assets is up by 19% since the previous quarter
HIW's return on equity is up by 17% since the previous quarter
The company's return on invested capital rose by 10% QoQ and by 7% YoY
HIW's ROS is up by 9% QoQ and by 7% YoY

Dividends

What is HIW's dividend history
Dividend details
DPS
$2
Dividend yield
6.53%
Payout ratio
141.8%
Recent dividends

Financial health

How did Highwoods Properties financials performed over time
The total assets is 71% more than the total liabilities
The debt is 35% more than the equity
HIW's debt to equity is down by 2.9% since the previous quarter but it is up by 2.3% year-on-year
The debt has contracted by 2.2% from the previous quarter

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