Highwoods Properties Inc HIW

Morningstar Rating
$32.87 −0.12 (0.36%)
View Full Chart

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HIW is trading at a 859% premium.
Price
$32.98
Fair Value
$78.63
Uncertainty
High
1-Star Price
$12.67
5-Star Price
$99.99
Economic Moat
Ndd
Capital Allocation

News

Trading Information

Previous Close Price
$32.99
Day Range
$32.7733.31
52-Week Range
$17.0633.96
Bid/Ask
$32.51 / $34.16
Market Cap
$3.48 Bil
Volume/Avg
523,533 / 773,945

Key Statistics

Price/Earnings (Normalized)
36.70
Price/Sales
4.28
Dividend Yield (Trailing)
6.08%
Dividend Yield (Forward)
6.08%
Total Yield
6.08%

Company Profile

Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
349

Comparables

Valuation

Metric
HIW
PDM
VNO
Price/Earnings (Normalized)
36.70434.36
Price/Book Value
1.460.741.67
Price/Sales
4.282.124.19
Price/Cash Flow
8.796.0212.49
Price/Earnings
HIW
PDM
VNO

Financial Strength

Metric
HIW
PDM
VNO
Quick Ratio
1.251.381.70
Current Ratio
1.561.421.95
Interest Coverage
2.090.280.93
Quick Ratio
HIW
PDM
VNO

Profitability

Metric
HIW
PDM
VNO
Return on Assets (Normalized)
2.67%−0.35%< 0.01%
Return on Equity (Normalized)
6.67%−0.83%< 0.01%
Return on Invested Capital (Normalized)
4.78%2.64%1.50%
Return on Assets
HIW
PDM
VNO

REIT - Office Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Alexandria Real Estate Equities Inc
ARE
XpxzrpqvvNfkd$21.2 Bil
BXP Inc
BXP
YcjjjcsbDkv$12.8 Bil
Gecina Nom
GECFF
Cfvclf$8.7 Bil
Nippon Building Fund Inc
NBFJF
Fvsjktj$7.9 Bil
Vornado Realty Trust
VNO
HqqltzxsHxqh$7.4 Bil
Merlin Properties SOCIMI SA
MRPRF
Pysf$7.3 Bil
Dexus
DEXSF
Jmfypf$5.6 Bil
Kilroy Realty Corp
KRC
RvsfdbdmxTgrp$4.6 Bil
SL Green Realty Corp
SLG
HxnxglcjMrbn$4.5 Bil
Cousins Properties Inc
CUZ
Kcvt$4.5 Bil

Sponsor Center