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HIW Highwoods Properties Inc

Price (delayed)

$30.21

Market cap

$3.26B

P/E Ratio

18.88

Dividend/share

$2

EPS

$1.6

Enterprise value

$6.56B

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
HIW's EPS has soared by 70% QoQ and by 31% YoY
The company's net income has surged by 70% QoQ and by 33% YoY
The price to earnings (P/E) is 20% lower than the last 4 quarters average of 23.7 but 9% higher than the 5-year quarterly average of 17.4
The debt has grown by 2.3% YoY
HIW's revenue is down by 2.1% year-on-year

Key stats

What are the main financial stats of HIW
Market
Shares outstanding
107.81M
Market cap
$3.26B
Enterprise value
$6.56B
Valuations
Price to earnings (P/E)
18.88
Price to book (P/B)
1.39
Price to sales (P/S)
3.99
EV/EBIT
20.43
EV/EBITDA
10.61
EV/Sales
8.04
Earnings
Revenue
$814.97M
Gross profit
$548.2M
Operating income
$306.78M
Net income
$173.63M
EBIT
$320.92M
EBITDA
$617.7M
Free cash flow
$415.28M
Per share
EPS
$1.6
EPS diluted
$1.6
Free cash flow per share
$3.86
Book value per share
$21.81
Revenue per share
$7.57
TBVPS
$56.42
Balance sheet
Total assets
$6.08B
Total liabilities
$3.6B
Debt
$3.34B
Equity
$2.35B
Working capital
N/A
Liquidity
Debt to equity
1.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.34
Margins
EBITDA margin
75.8%
Gross margin
67.3%
Net margin
21.3%
Operating margin
37.6%
Efficiency
Return on assets
2.8%
Return on equity
7.4%
Return on invested capital
3.5%
Return on capital employed
N/A
Return on sales
39.4%
Dividend
Dividend yield
6.62%
DPS
$2
Payout ratio
125%

HIW stock price

How has the Highwoods Properties stock price performed over time
Intraday
-2.07%
1 week
-0.66%
1 month
9.58%
1 year
14.82%
YTD
-1.21%
QTD
1.92%

Financial performance

How have Highwoods Properties's revenue and profit performed over time
Revenue
$814.97M
Gross profit
$548.2M
Operating income
$306.78M
Net income
$173.63M
Gross margin
67.3%
Net margin
21.3%
The net margin has soared by 72% from the previous quarter and by 36% YoY
The company's net income has surged by 70% QoQ and by 33% YoY
HIW's operating margin is up by 32% since the previous quarter and by 17% year-on-year
The company's operating income rose by 31% QoQ and by 14% YoY

Price vs fundamentals

How does HIW's price correlate with its fundamentals

Growth

What is Highwoods Properties's growth rate over time

Valuation

What is Highwoods Properties stock price valuation
P/E
18.88
P/B
1.39
P/S
3.99
EV/EBIT
20.43
EV/EBITDA
10.61
EV/Sales
8.04
HIW's EPS has soared by 70% QoQ and by 31% YoY
The price to earnings (P/E) is 20% lower than the last 4 quarters average of 23.7 but 9% higher than the 5-year quarterly average of 17.4
The stock's price to book (P/B) is 7% less than its 5-year quarterly average of 1.5
HIW's equity is up by 2.3% since the previous quarter
The price to sales (P/S) is 9% lower than the 5-year quarterly average of 4.4 but 2.3% higher than the last 4 quarters average of 3.9
HIW's revenue is down by 2.1% year-on-year

Efficiency

How efficient is Highwoods Properties business performance
HIW's return on equity has surged by 72% since the previous quarter and by 37% year-on-year
HIW's return on assets has surged by 65% since the previous quarter and by 33% year-on-year
HIW's ROS is up by 30% QoQ and by 21% YoY
The company's return on invested capital rose by 30% QoQ and by 21% YoY

Dividends

What is HIW's dividend history
DPS
$2
Dividend yield
6.62%
Payout ratio
125%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Highwoods Properties financials performed over time
The total assets is 69% more than the total liabilities
The debt is 42% more than the equity
The debt has grown by 2.3% YoY
HIW's debt to equity is up by 2.2% year-on-year

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