Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.90 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to FFO of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.27%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.90 per share when it actually produced FFO of $0.98, delivering a surprise of 8.89%.Over the last four ...

RALEIGH, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages pro ...

The REIT sector ( XLRE ), particularly office REITs have seen suppressed valuations for the last couple of years as high interest rates have plagued the sector.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend inves ...

Conference Call Wednesday, October 23rd, at 11:00 A.M. RALEIGH, N.C., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its third quarter 2024 results on Tuesday, October 22nd, after the market closes. A conference call will be held the next day, Wednesday, October 23rd, at 11:00 A.M. Eastern time. For US/Canada callers, dial (833) 470-1428 and enter access code 628980. International callers should dial (404) 975-4839 and enter the same passcode. A live, listen-only webcas ...

RALEIGH, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida, Georgia, North Carolina and Tennessee properties that its buildings have not sustained any notable damage. Ted Klinck, President and CEO stated, "We are fortunate all members of the Highwoods family are safe. Our team did terrific work preparing for the hurricane and we are thankful to have fared so well. Our thoughts and prayers are with all those who ...

Highwoods Properties (HIW) is well-poised to capitalize on tenants' growing preference for premium office spaces with class-apart amenities. An aggressive capital-recycling program bodes well. However, competition from other industry players is likely to limit its pricing power and hurt profitability. In September 2024, Highwoods announced that the company has signed 738,000 square feet of secondgeneration leases since July 1, 2024, including new leases spanning more than 400,000 square feet. Shares of HIW ...

2nd Gen Leasing Activity Continues to be Strong 738,000 SF of Leases Signed to Date in Third Quarter Includes over 400,000 SF of New Leases RALEIGH, N.C., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced it has signed 738,000 square feet of second generation leases since July 1, 2024, including over 400,000 square feet of new leases. Included in the quarterly activity is a long-term lease for 104,000 square feet at Two Alliance Center in Atlanta's Buckhead BBD with a new cu ...

Shares of Highwoods Properties (HIW) have rallied 31.9% year to date, outperforming the industry's growth of 2.3%. This office real estate investment trust (REIT) is well-positioned to benefit from the growing demand for its premier office properties concentrated in high-growth Sun Belt markets. Its disciplined capital-recycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. Later in July 2024, HIW reported second-quarter 20 ...

The reported revenue represents a surprise of -1.96% over the Zacks Consensus Estimate of $208.83 million. With the consensus EPS estimate being $0.90, the EPS surprise was +8.89%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Occupancy: 88.5% versus 88.5% estimated by two analysts on average. Rental and other revenues- Lease termi ...

This quarterly report represents an FFO surprise of 8.89%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.90 per share when it actually produced FFO of $0.89, delivering a surprise of -1.11%. Highwoods Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $204.74 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 1.96%. This compares to year-ago revenues of $207.29 million. The company has t ...