Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Equity to Asset 0.45
HIW's Equity to Asset is ranked lower than
62% of the 663 Companies
in the Global REIT - Office industry.

( Industry Median: 0.50 vs. HIW: 0.45 )
Ranked among companies with meaningful Equity to Asset only.
HIW' s Equity to Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.40 Max: 0.66
Current: 0.45
0.31
0.66
Interest Coverage 1.80
HIW's Interest Coverage is ranked lower than
73% of the 603 Companies
in the Global REIT - Office industry.

( Industry Median: 3.29 vs. HIW: 1.80 )
Ranked among companies with meaningful Interest Coverage only.
HIW' s Interest Coverage Range Over the Past 10 Years
Min: 0.99  Med: 1.35 Max: 1.75
Current: 1.8
0.99
1.75
F-Score: 7
Z-Score: 0.76
M-Score: -2.28
WACC vs ROIC
6.83%
3.91%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 25.12
HIW's Operating margin (%) is ranked lower than
70% of the 666 Companies
in the Global REIT - Office industry.

( Industry Median: 48.26 vs. HIW: 25.12 )
Ranked among companies with meaningful Operating margin (%) only.
HIW' s Operating margin (%) Range Over the Past 10 Years
Min: 21.17  Med: 25.51 Max: 28.1
Current: 25.12
21.17
28.1
Net-margin (%) 83.39
HIW's Net-margin (%) is ranked higher than
78% of the 667 Companies
in the Global REIT - Office industry.

( Industry Median: 38.29 vs. HIW: 83.39 )
Ranked among companies with meaningful Net-margin (%) only.
HIW' s Net-margin (%) Range Over the Past 10 Years
Min: 6.94  Med: 15.10 Max: 22.53
Current: 83.39
6.94
22.53
ROE (%) 30.43
HIW's ROE (%) is ranked higher than
96% of the 673 Companies
in the Global REIT - Office industry.

( Industry Median: 6.92 vs. HIW: 30.43 )
Ranked among companies with meaningful ROE (%) only.
HIW' s ROE (%) Range Over the Past 10 Years
Min: 2.13  Med: 5.81 Max: 9.32
Current: 30.43
2.13
9.32
ROA (%) 11.86
HIW's ROA (%) is ranked higher than
91% of the 678 Companies
in the Global REIT - Office industry.

( Industry Median: 3.27 vs. HIW: 11.86 )
Ranked among companies with meaningful ROA (%) only.
HIW' s ROA (%) Range Over the Past 10 Years
Min: 1.09  Med: 2.34 Max: 3.51
Current: 11.86
1.09
3.51
ROC (Joel Greenblatt) (%) 4.76
HIW's ROC (Joel Greenblatt) (%) is ranked lower than
67% of the 559 Companies
in the Global REIT - Office industry.

( Industry Median: 10.46 vs. HIW: 4.76 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
HIW' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 3.72  Med: 4.77 Max: 6.14
Current: 4.76
3.72
6.14
Revenue Growth (3Y)(%) -1.40
HIW's Revenue Growth (3Y)(%) is ranked lower than
61% of the 470 Companies
in the Global REIT - Office industry.

( Industry Median: 0.90 vs. HIW: -1.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
HIW' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -7.9  Med: -2.50 Max: 21.6
Current: -1.4
-7.9
21.6
EBITDA Growth (3Y)(%) 1.30
HIW's EBITDA Growth (3Y)(%) is ranked lower than
56% of the 428 Companies
in the Global REIT - Office industry.

( Industry Median: 3.40 vs. HIW: 1.30 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
HIW' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -16  Med: -2.90 Max: 18.9
Current: 1.3
-16
18.9
EPS Growth (3Y)(%) 11.90
HIW's EPS Growth (3Y)(%) is ranked higher than
59% of the 353 Companies
in the Global REIT - Office industry.

( Industry Median: 6.10 vs. HIW: 11.90 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
HIW' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -59.7  Med: 7.60 Max: 114
Current: 11.9
-59.7
114
» HIW's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-05)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

HIW Guru Trades in Q2 2015

Richard Snow 228,912 sh (+72.85%)
Chris Davis 264,894 sh (-3.12%)
Jim Simons 422,000 sh (-9.54%)
» More
Q3 2015

HIW Guru Trades in Q3 2015

Richard Snow 229,876 sh (+0.42%)
Chris Davis 263,541 sh (-0.51%)
Jim Simons 267,768 sh (-36.55%)
» More
Q4 2015

HIW Guru Trades in Q4 2015

Chris Davis 287,826 sh (+9.21%)
Richard Snow 230,536 sh (+0.29%)
Jim Simons 248,900 sh (-7.05%)
» More
Q1 2016

HIW Guru Trades in Q1 2016

Jim Simons 408,200 sh (+64.00%)
Chris Davis 310,289 sh (+7.80%)
Richard Snow 167,762 sh (-27.23%)
» More
» Details

Insider Trades

Latest Guru Trades with HIW

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: REITs » REIT - Office
Compare:NYSE:BMR, NYSE:DEI, OTCPK:MRVGF, NYSE:LPT, NYSE:KRC, NYSE:GPT, NYSE:EQC, NYSE:DFT, NYSE:PGRE, NYSE:PDM, NYSE:BDN, NYSE:OFC, NYSE:CXP, NYSE:COR, NYSE:HPP, OTCPK:KREVF, NYSE:ARE, NYSE:CLI, OTCPK:APYRF, NYSE:WRE » details
Traded in other countries:HQS.Germany,
Highwoods Properties Inc is a real estate investment trust ("REIT"). The Company's business is the operation, acquisition and development of rental real estate properties.

Highwoods Properties Inc was incorporated in Maryland in 1994. The Company's business is the operation, acquisition and development of rental real estate properties. It operates office, industrial, retail and residential properties in the Southeastern and Midwestern United States. Its Strategic Plan focuses on owning high-quality, differentiated office buildings in the BBDs of core markets; improving the operating results of existing properties through concentrated leasing, asset management, cost control and customer service efforts; developing and acquiring office buildings in BBDs that improve the overall quality of the portfolio and generate attractive returns over the long term for stockholders; disposing of properties no longer considered to be core assets due to location, age, quality and overall strategic fit; and maintaining a conservative and flexible balance sheet with ample liquidity to meet funding needs and growth prospects. The Company competes with other REITs, financial institutions, pension funds, partnerships, individual investors and others when attempting to acquire, develop and operate properties.

Ratios

vs
industry
vs
history
P/E(ttm) 9.47
HIW's P/E(ttm) is ranked higher than
71% of the 565 Companies
in the Global REIT - Office industry.

( Industry Median: 15.53 vs. HIW: 9.47 )
Ranked among companies with meaningful P/E(ttm) only.
HIW' s P/E(ttm) Range Over the Past 10 Years
Min: 8.7  Med: 40.63 Max: 135.44
Current: 9.47
8.7
135.44
Forward P/E 45.05
HIW's Forward P/E is ranked lower than
83% of the 208 Companies
in the Global REIT - Office industry.

( Industry Median: 17.76 vs. HIW: 45.05 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 55.53
HIW's PE(NRI) is ranked lower than
90% of the 565 Companies
in the Global REIT - Office industry.

( Industry Median: 16.09 vs. HIW: 55.53 )
Ranked among companies with meaningful PE(NRI) only.
HIW' s PE(NRI) Range Over the Past 10 Years
Min: 32.06  Med: 77.49 Max: 1306.5
Current: 55.53
32.06
1306.5
Price/Owner Earnings (ttm) 11.81
HIW's Price/Owner Earnings (ttm) is ranked higher than
60% of the 258 Companies
in the Global REIT - Office industry.

( Industry Median: 14.08 vs. HIW: 11.81 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
HIW' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 10.85  Med: 49.89 Max: 4642.86
Current: 11.81
10.85
4642.86
P/B 2.42
HIW's P/B is ranked lower than
87% of the 663 Companies
in the Global REIT - Office industry.

( Industry Median: 1.12 vs. HIW: 2.42 )
Ranked among companies with meaningful P/B only.
HIW' s P/B Range Over the Past 10 Years
Min: 1  Med: 2.29 Max: 2.96
Current: 2.42
1
2.96
P/S 7.99
HIW's P/S is ranked lower than
57% of the 651 Companies
in the Global REIT - Office industry.

( Industry Median: 7.32 vs. HIW: 7.99 )
Ranked among companies with meaningful P/S only.
HIW' s P/S Range Over the Past 10 Years
Min: 2.36  Med: 5.53 Max: 8.05
Current: 7.99
2.36
8.05
POCF 16.06
HIW's POCF is ranked lower than
56% of the 548 Companies
in the Global REIT - Office industry.

( Industry Median: 14.27 vs. HIW: 16.06 )
Ranked among companies with meaningful POCF only.
HIW' s POCF Range Over the Past 10 Years
Min: 5.84  Med: 13.21 Max: 20.05
Current: 16.06
5.84
20.05
EV-to-EBIT 39.36
HIW's EV-to-EBIT is ranked lower than
79% of the 567 Companies
in the Global REIT - Office industry.

( Industry Median: 19.10 vs. HIW: 39.36 )
Ranked among companies with meaningful EV-to-EBIT only.
HIW' s EV-to-EBIT Range Over the Past 10 Years
Min: 21.8  Med: 34.80 Max: 55.8
Current: 39.36
21.8
55.8
EV-to-EBITDA 17.65
HIW's EV-to-EBITDA is ranked lower than
59% of the 589 Companies
in the Global REIT - Office industry.

( Industry Median: 15.57 vs. HIW: 17.65 )
Ranked among companies with meaningful EV-to-EBITDA only.
HIW' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.8  Med: 16.30 Max: 22.7
Current: 17.65
10.8
22.7
PEG 20.56
HIW's PEG is ranked lower than
96% of the 209 Companies
in the Global REIT - Office industry.

( Industry Median: 1.77 vs. HIW: 20.56 )
Ranked among companies with meaningful PEG only.
HIW' s PEG Range Over the Past 10 Years
Min: 3.59  Med: 17.57 Max: 715.06
Current: 20.56
3.59
715.06
Shiller P/E 35.58
HIW's Shiller P/E is ranked lower than
68% of the 184 Companies
in the Global REIT - Office industry.

( Industry Median: 24.50 vs. HIW: 35.58 )
Ranked among companies with meaningful Shiller P/E only.
HIW' s Shiller P/E Range Over the Past 10 Years
Min: 16.58  Med: 38.80 Max: 54.43
Current: 35.58
16.58
54.43
Current Ratio 0.20
HIW's Current Ratio is ranked lower than
87% of the 626 Companies
in the Global REIT - Office industry.

( Industry Median: 0.99 vs. HIW: 0.20 )
Ranked among companies with meaningful Current Ratio only.
HIW' s Current Ratio Range Over the Past 10 Years
Min: 0.04  Med: 0.09 Max: 0.21
Current: 0.2
0.04
0.21
Quick Ratio 0.20
HIW's Quick Ratio is ranked lower than
87% of the 626 Companies
in the Global REIT - Office industry.

( Industry Median: 0.85 vs. HIW: 0.20 )
Ranked among companies with meaningful Quick Ratio only.
HIW' s Quick Ratio Range Over the Past 10 Years
Min: 0.04  Med: 0.09 Max: 0.21
Current: 0.2
0.04
0.21
Days Sales Outstanding 108.93
HIW's Days Sales Outstanding is ranked lower than
94% of the 482 Companies
in the Global REIT - Office industry.

( Industry Median: 18.50 vs. HIW: 108.93 )
Ranked among companies with meaningful Days Sales Outstanding only.
HIW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.32  Med: 57.36 Max: 108.49
Current: 108.93
16.32
108.49

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.40
HIW's Dividend Yield is ranked lower than
85% of the 840 Companies
in the Global REIT - Office industry.

( Industry Median: 4.80 vs. HIW: 3.40 )
Ranked among companies with meaningful Dividend Yield only.
HIW' s Dividend Yield Range Over the Past 10 Years
Min: 3.4  Med: 4.96 Max: 10.17
Current: 3.4
3.4
10.17
Dividend Payout 2.15
HIW's Dividend Payout is ranked lower than
68% of the 649 Companies
in the Global REIT - Office industry.

( Industry Median: 0.81 vs. HIW: 2.15 )
Ranked among companies with meaningful Dividend Payout only.
HIW' s Dividend Payout Range Over the Past 10 Years
Min: 0.75  Med: 2.50 Max: 141.67
Current: 2.15
0.75
141.67
Forward Dividend Yield 3.40
HIW's Forward Dividend Yield is ranked lower than
87% of the 840 Companies
in the Global REIT - Office industry.

( Industry Median: 5.26 vs. HIW: 3.40 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 3.38
HIW's Yield on cost (5-Year) is ranked lower than
98% of the 840 Companies
in the Global REIT - Office industry.

( Industry Median: 5.92 vs. HIW: 3.38 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
HIW' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 3.38  Med: 5.00 Max: 10.17
Current: 3.38
3.38
10.17
3-Year Average Share Buyback Ratio -6.20
HIW's 3-Year Average Share Buyback Ratio is ranked higher than
52% of the 410 Companies
in the Global REIT - Office industry.

( Industry Median: -6.70 vs. HIW: -6.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HIW' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -19.6  Med: -4.60 Max: 4.3
Current: -6.2
-19.6
4.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.42
HIW's Price/Tangible Book is ranked lower than
86% of the 654 Companies
in the Global REIT - Office industry.

( Industry Median: 1.14 vs. HIW: 2.42 )
Ranked among companies with meaningful Price/Tangible Book only.
HIW' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.75  Med: 1.67 Max: 3.35
Current: 2.42
0.75
3.35
Price/Projected FCF 3.53
HIW's Price/Projected FCF is ranked lower than
78% of the 240 Companies
in the Global REIT - Office industry.

( Industry Median: 1.31 vs. HIW: 3.53 )
Ranked among companies with meaningful Price/Projected FCF only.
HIW' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.67  Med: 2.88 Max: 4.18
Current: 3.53
1.67
4.18
Price/Median PS Value 1.45
HIW's Price/Median PS Value is ranked lower than
81% of the 527 Companies
in the Global REIT - Office industry.

( Industry Median: 1.07 vs. HIW: 1.45 )
Ranked among companies with meaningful Price/Median PS Value only.
HIW' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.41  Med: 0.88 Max: 1.42
Current: 1.45
0.41
1.42
Price/Graham Number 2.45
HIW's Price/Graham Number is ranked lower than
88% of the 498 Companies
in the Global REIT - Office industry.

( Industry Median: 0.89 vs. HIW: 2.45 )
Ranked among companies with meaningful Price/Graham Number only.
HIW' s Price/Graham Number Range Over the Past 10 Years
Min: 0.67  Med: 2.31 Max: 11.78
Current: 2.45
0.67
11.78
Earnings Yield (Greenblatt) (%) 2.50
HIW's Earnings Yield (Greenblatt) (%) is ranked lower than
70% of the 639 Companies
in the Global REIT - Office industry.

( Industry Median: 4.40 vs. HIW: 2.50 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
HIW' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.8  Med: 2.90 Max: 4.6
Current: 2.5
1.8
4.6
Forward Rate of Return (Yacktman) (%) 2.72
HIW's Forward Rate of Return (Yacktman) (%) is ranked higher than
53% of the 358 Companies
in the Global REIT - Office industry.

( Industry Median: 1.83 vs. HIW: 2.72 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
HIW' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -6.7  Med: -0.40 Max: 12.2
Current: 2.72
-6.7
12.2

More Statistics

Revenue (TTM) (Mil) $612.2
EPS (TTM) $ 5.28
Beta0.87
Short Percentage of Float5.06%
52-Week Range $36.57 - 50.29
Shares Outstanding (Mil)97.41

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 654 665
EPS ($) 1.11 1.31
EPS w/o NRI ($) 1.11 1.31
EPS Growth Rate
(3Y to 5Y Estimate)
5.50%
» More Articles for HIW

Headlines

Articles On GuruFocus.com
The Best Yielding Ex-Dividend Stocks on February 14, 2013 Feb 13 2013 
The Best Dividends on May 17, 2012 May 16 2012 
Highwoods Properties Inc. (HIW) President & CEO Edward J Fritsch sells 55,000 Shares Mar 10 2011 
Highwoods Properties Inc. (HIW) VP, CFO Terry L Stevens sells 48,373 Shares Mar 07 2011 
Highwoods Properties Inc. (HIW) Executive Vice President & COO Michael E Harris sells 73,428 Shares Mar 07 2011 
Highwoods Properties Inc. (HIW) President & CEO Edward J Fritsch sells 12,748 Shares Jan 03 2011 
Highwoods Properties Inc. (HIW) Executive Vice President & COO Michael E Harris sells 3,000 Shares Dec 27 2010 
Highwoods Properties Inc. Reports Operating Results (10-Q) Oct 28 2010 
Highwoods Properties Inc. (HIW) President & CEO Edward J Fritsch sells 10,000 Shares Sep 07 2010 
Highwoods Properties Inc. Reports Operating Results (10-Q) Jul 28 2010 

More From Other Websites
Will Highwoods (HIW) Grow on Strong Operating Results? Jun 22 2016
ETF’s with exposure to Highwoods Properties, Inc. : June 20, 2016 Jun 20 2016
Highwoods executive hired as new business operations chief for U.S. Olympic Committee Jun 16 2016
HIGHWOODS PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers Jun 15 2016
Nashville's office titan still knocking on downtown's door Jun 09 2016
UPDATE: Highwoods to Present at REITWeek: NAREIT's Investor Forum Jun 06 2016
Highwoods to Present at REITWeek: NAREIT's Investor Forum Jun 06 2016
Highwoods Properties, Inc. breached its 50 day moving average in a Bearish Manner : HIW-US : May 18,... May 18 2016
Highwoods Prop downgraded by Morgan Stanley May 12 2016
HIGHWOODS PROPERTIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 11 2016
Highwoods Properties, Inc. :HIW-US: Earnings Analysis: Q1, 2016 By the Numbers May 04 2016
HIGHWOODS PROPERTIES INC Financials Apr 30 2016
Edited Transcript of HIW earnings conference call or presentation 27-Apr-16 3:00pm GMT Apr 27 2016
Highwoods (HIW) Q1 FFO Beats Estimates, Revenues Miss Apr 27 2016
Highwoods Properties reports 1Q results Apr 26 2016
Highwoods Properties reports 1Q results Apr 26 2016
HIGHWOODS PROPERTIES INC Files SEC form 10-Q, Quarterly Report Apr 26 2016
Highwoods Announces Availability of First Quarter 2016 Results Apr 26 2016
Q1 2016 Highwoods Properties Inc Earnings Release - After Market Close Apr 26 2016
New on Williamson Watch: A-Game deal dies, but other office projects hit the map Apr 25 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)