Switch to:

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 : 5/10

vs
industry
vs
history
Cash to Debt 0.01
HIW's Cash to Debt is ranked lower than
51% of the 611 Companies
in the Global REIT - Office industry.

( Industry Median: 0.05 vs. HIW: 0.01 )
HIW' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.01

Equity to Asset 0.37
HIW's Equity to Asset is ranked higher than
57% of the 638 Companies
in the Global REIT - Office industry.

( Industry Median: 0.49 vs. HIW: 0.37 )
HIW' s 10-Year Equity to Asset Range
Min: 0.31   Max: 0.66
Current: 0.37

0.31
0.66
Interest Coverage 1.50
HIW's Interest Coverage is ranked higher than
62% of the 551 Companies
in the Global REIT - Office industry.

( Industry Median: 2.43 vs. HIW: 1.50 )
HIW' s 10-Year Interest Coverage Range
Min: 0.94   Max: 3.17
Current: 1.5

0.94
3.17
F-Score: 5
Z-Score: 0.17
M-Score: -2.51
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 (%) 23.62
HIW's Operating margin (%) is ranked higher than
61% of the 647 Companies
in the Global REIT - Office industry.

( Industry Median: 42.30 vs. HIW: 23.62 )
HIW' s 10-Year Operating margin (%) Range
Min: 20.63   Max: 58.38
Current: 23.62

20.63
58.38
Net-margin (%) 20.43
HIW's Net-margin (%) is ranked higher than
63% of the 648 Companies
in the Global REIT - Office industry.

( Industry Median: 34.06 vs. HIW: 20.43 )
HIW' s 10-Year Net-margin (%) Range
Min: 7.1   Max: 31.43
Current: 20.43

7.1
31.43
ROE (%) 8.48
HIW's ROE (%) is ranked higher than
79% of the 657 Companies
in the Global REIT - Office industry.

( Industry Median: 6.78 vs. HIW: 8.48 )
HIW' s 10-Year ROE (%) Range
Min: 2.88   Max: 9.51
Current: 8.48

2.88
9.51
ROA (%) 3.18
HIW's ROA (%) is ranked higher than
73% of the 658 Companies
in the Global REIT - Office industry.

( Industry Median: 3.10 vs. HIW: 3.18 )
HIW' s 10-Year ROA (%) Range
Min: 1.09   Max: 5.46
Current: 3.18

1.09
5.46
ROC (Joel Greenblatt) (%) 4.25
HIW's ROC (Joel Greenblatt) (%) is ranked higher than
67% of the 583 Companies
in the Global REIT - Office industry.

( Industry Median: 6.00 vs. HIW: 4.25 )
HIW' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.54   Max: 8.17
Current: 4.25

3.54
8.17
Revenue Growth (%) 0.80
HIW's Revenue Growth (%) is ranked higher than
73% of the 539 Companies
in the Global REIT - Office industry.

( Industry Median: 1.00 vs. HIW: 0.80 )
HIW' s 10-Year Revenue Growth (%) Range
Min: -9.7   Max: 47.6
Current: 0.8

-9.7
47.6
EBITDA Growth (%) -3.10
HIW's EBITDA Growth (%) is ranked higher than
64% of the 498 Companies
in the Global REIT - Office industry.

( Industry Median: 3.80 vs. HIW: -3.10 )
HIW' s 10-Year EBITDA Growth (%) Range
Min: -24.2   Max: 139.9
Current: -3.1

-24.2
139.9
EPS Growth (%) -7.30
HIW's EPS Growth (%) is ranked higher than
66% of the 404 Companies
in the Global REIT - Office industry.

( Industry Median: 0.30 vs. HIW: -7.30 )
HIW' s 10-Year EPS Growth (%) Range
Min: -72   Max: 28.9
Current: -7.3

-72
28.9
» HIW's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

HIW Guru Trades in Q3 2013

Richard Snow 33,202 sh (+40.41%)
Jim Simons Sold Out
Ruane Cunniff Sold Out
» More
Q4 2013

HIW Guru Trades in Q4 2013

Steven Cohen 7,403 sh (New)
Richard Snow 39,732 sh (+19.67%)
» More
Q1 2014

HIW Guru Trades in Q1 2014

Richard Snow 76,007 sh (+91.3%)
Steven Cohen Sold Out
» More
Q2 2014

HIW Guru Trades in Q2 2014

Chris Davis 198,537 sh (New)
Richard Snow 80,832 sh (+6.35%)
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Chris Davis 2014-06-30 New Buy0.03%$37.41 - $42.27 $ 41.273%198537
Richard Snow 2014-03-31 Add 91.3%0.05%$35.82 - $38.39 $ 41.2711%76007
Richard Snow 2013-09-30 Add 40.41%0.01%$33.04 - $37.8 $ 41.2716%33202
Ruane Cunniff 2013-09-30 Sold Out $33.04 - $37.8 $ 41.2716%0
Richard Snow 2013-06-30 Add 53.28%0.01%$33 - $41.07 $ 41.278%23647
Chris Davis 2013-06-30 Sold Out 0.01%$33 - $41.07 $ 41.278%0
Chris Davis 2013-03-31 Reduce -88.51%0.05%$33.45 - $39.57 $ 41.2713%78036
Richard Snow 2013-03-31 Add 31.16%0.01%$33.45 - $39.57 $ 41.2713%15427
Richard Snow 2012-12-31 Add 81.6%0.01%$30.97 - $33.57 $ 41.2727%11762
Chris Davis 2012-09-30 Reduce -27.3%0.02%$32.43 - $34.67 $ 41.2724%678936
Chris Davis 2012-03-31 Reduce -31.71%0.03%$29.71 - $33.66 $ 41.2736%872376
Richard Snow 2012-03-31 New Buy0.01%$29.71 - $33.66 $ 41.2736%6487
Ruane Cunniff 2011-12-31 Reduce -21.15%$26.51 - $31.54 $ 41.2742%13050
Richard Snow 2011-09-30 Sold Out 0.0083%$26.81 - $35.06 $ 41.2730%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 31.50
HIW's P/E(ttm) is ranked higher than
68% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 24.50 vs. HIW: 31.50 )
HIW' s 10-Year P/E(ttm) Range
Min: 20.58   Max: 157.1
Current: 31.5

20.58
157.1
P/B 2.66
HIW's P/B is ranked higher than
54% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 1.22 vs. HIW: 2.66 )
HIW' s 10-Year P/B Range
Min: 0.84   Max: 2.92
Current: 2.66

0.84
2.92
P/S 6.48
HIW's P/S is ranked higher than
76% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 7.56 vs. HIW: 6.48 )
HIW' s 10-Year P/S Range
Min: 2.35   Max: 6.75
Current: 6.48

2.35
6.75
EV-to-EBIT 41.81
HIW's EV-to-EBIT is ranked higher than
64% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 32.74 vs. HIW: 41.81 )
HIW' s 10-Year EV-to-EBIT Range
Min: 21.6   Max: 55.1
Current: 41.81

21.6
55.1
PEG 21.73
HIW's PEG is ranked higher than
84% of the 696 Companies
in the Global REIT - Office industry.

( Industry Median: 9999.00 vs. HIW: 21.73 )
HIW' s 10-Year PEG Range
Min: 9.27   Max: 783.19
Current: 21.73

9.27
783.19
Shiller P/E 47.67
HIW's Shiller P/E is ranked higher than
83% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 9999.00 vs. HIW: 47.67 )
HIW' s 10-Year Shiller P/E Range
Min: 18.28   Max: 60.2
Current: 47.67

18.28
60.2
Current Ratio 0.09
HIW's Current Ratio is ranked lower than
55% of the 586 Companies
in the Global REIT - Office industry.

( Industry Median: 0.79 vs. HIW: 0.09 )
HIW' s 10-Year Current Ratio Range
Min: 0.04   Max: 0.21
Current: 0.09

0.04
0.21
Quick Ratio 0.09
HIW's Quick Ratio is ranked lower than
55% of the 586 Companies
in the Global REIT - Office industry.

( Industry Median: 0.77 vs. HIW: 0.09 )
HIW' s 10-Year Quick Ratio Range
Min: 0.04   Max: 0.21
Current: 0.09

0.04
0.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.12
HIW's Dividend Yield is ranked lower than
52% of the 639 Companies
in the Global REIT - Office industry.

( Industry Median: 4.38 vs. HIW: 4.12 )
HIW' s 10-Year Dividend Yield Range
Min: 3.71   Max: 10.17
Current: 4.12

3.71
10.17
Dividend Payout 2.39
HIW's Dividend Payout is ranked higher than
55% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 1.27 vs. HIW: 2.39 )
HIW' s 10-Year Dividend Payout Range
Min: 0.5   Max: 141.67
Current: 2.39

0.5
141.67
Yield on cost (5-Year) 4.10
HIW's Yield on cost (5-Year) is ranked lower than
59% of the 640 Companies
in the Global REIT - Office industry.

( Industry Median: 4.95 vs. HIW: 4.10 )
HIW' s 10-Year Yield on cost (5-Year) Range
Min: 3.71   Max: 10.17
Current: 4.1

3.71
10.17
Share Buyback Rate -5.50
HIW's Share Buyback Rate is ranked higher than
77% of the 522 Companies
in the Global REIT - Office industry.

( Industry Median: -7.00 vs. HIW: -5.50 )
HIW' s 10-Year Share Buyback Rate Range
Min: 5   Max: -63.9
Current: -5.5

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.67
HIW's Price/Tangible Book is ranked higher than
56% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 1.27 vs. HIW: 2.67 )
HIW' s 10-Year Price/Tangible Book Range
Min: 0.75   Max: 3.35
Current: 2.67

0.75
3.35
Price/DCF (Projected) 4.99
HIW's Price/DCF (Projected) is ranked higher than
76% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 8.16 vs. HIW: 4.99 )
HIW' s 10-Year Price/DCF (Projected) Range
Min: 1.67   Max: 5.07
Current: 4.99

1.67
5.07
Price/Median PS Value 1.32
HIW's Price/Median PS Value is ranked higher than
65% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 1.17 vs. HIW: 1.32 )
HIW' s 10-Year Price/Median PS Value Range
Min: 0.46   Max: 1.59
Current: 1.32

0.46
1.59
Price/Peter Lynch Fair Value 11.07
HIW's Price/Peter Lynch Fair Value is ranked higher than
87% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 9999.00 vs. HIW: 11.07 )
HIW' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.51   Max: 25.82
Current: 11.07

0.51
25.82
Price/Graham Number 2.45
HIW's Price/Graham Number is ranked higher than
61% of the 697 Companies
in the Global REIT - Office industry.

( Industry Median: 1.30 vs. HIW: 2.45 )
HIW' s 10-Year Price/Graham Number Range
Min: 0.51   Max: 2.97
Current: 2.45

0.51
2.97
Earnings Yield (Greenblatt) 2.40
HIW's Earnings Yield (Greenblatt) is ranked higher than
58% of the 635 Companies
in the Global REIT - Office industry.

( Industry Median: 3.80 vs. HIW: 2.40 )
HIW' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.8   Max: 4.6
Current: 2.4

1.8
4.6
Forward Rate of Return (Yacktman) 6.47
HIW's Forward Rate of Return (Yacktman) is ranked higher than
82% of the 531 Companies
in the Global REIT - Office industry.

( Industry Median: 2.73 vs. HIW: 6.47 )
HIW' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -9   Max: 6.8
Current: 6.47

-9
6.8

Business Description

Industry: REITs » REIT - Office
Compare:SLG, ARE, PKY, SIR, PDM » details
Traded in other countries:HQS.Germany
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 office properties represent around 87.0% of rental and other revenues for the year ended December 31, 2011. Its Strategic Plan focuses on owning high-quality, differentiated real estate assets in the better sub-markets in its core markets; improving the operating results of its existing properties through concentrated leasing, asset management, cost control and customer service efforts; developing and acquiring office properties in in-fill and central business district locations that improve the overall quality of its portfolio and generate attractive returns over the long-term for its stockholders; selectively disposing of properties no longer considered to be core holdings primarily due to location, age, quality and overall strategic fit; and maintaining a conservative, flexible balance sheet with ample liquidity to meet its 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.
» More Articles for HIW

Headlines

Articles On GuruFocus.com
Highwoods Properties Renews Lease in Nashville Oct 20 2014 
Highwoods Declares Quarterly Dividends Oct 16 2014 
Highwoods Properties to Release 2014 Third Quarter Results Tuesday, October 28 Oct 15 2014 
Highwoods Properties Signs 48,000 Square Foot Lease With New Customer at LakePointe Two in Tampa Oct 15 2014 
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 

More From Our Partners
Oppenheimer Top ideas Monthly: Financial Institutions Oct 15 2014 - BENZINGA

More From Other Websites
Highwoods Properties Renews Lease in Nashville Oct 20 2014
Highwoods Properties Renews Lease in Nashville Oct 20 2014
An important bellwether: Capacity utilization hits a 6-month high Oct 17 2014
Highwoods Declares Quarterly Dividends Oct 16 2014
Highwoods Declares Quarterly Dividends Oct 16 2014
Why September’s rising payrolls matter for office REITs Oct 07 2014
Highwoods Inks 48K Sq. Ft Lease in Tampa with myMatrixx Oct 03 2014
HIGHWOODS PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial... Oct 01 2014
Highwoods Properties to Release 2014 Third Quarter Results Tuesday, October 28 Oct 01 2014
Highwoods Properties Signs 48,000 Square Foot Lease With New Customer at LakePointe Two in Tampa Sep 29 2014
Highwoods Riding High on Portfolio Repositioning Deals Sep 25 2014
Why does the Fed continue to overshoot its economic forecast? Sep 18 2014
Why capacity utilization ticked downward on weak autos Sep 16 2014
Highwoods Buys Raleigh Asset, Sells Non Core, Shares Fall Sep 10 2014
Why the Employment Situation Report matters to REITs like Vornado Sep 09 2014
Highwoods Properties Acquires One Bank of America Plaza Sep 08 2014
The ISM Non-Manufacturing Index affects office REIT vacancy rates Sep 08 2014
Services activity hits a record in August, supporting office REITs Sep 08 2014
Highwoods Sells $28.2 Million of Non-Core Buildings Sep 08 2014
Why Highwoods' Shares Dipped on Tampa Build-to-Suit Deal? Sep 05 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

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)
Free 7-day Trial
FEEDBACK