Highwoods Properties, Inc. (NYSE:HIW) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Hannah True - Manager, Finance and Corporate Strategy Ted Klinck - President and CEO Brian Leary - EVP and COO Brendan Maiorana - EVP and CFO Conference Call Participants Andrew Berger - Bank of America Georgi Dinkov - Mizuho Young Ku - Wells Fargo Michael Griffin - Citigroup Rob Stevenson - Janney Peter Abramowitz - Jefferies Dylan Burzinski - Green Street Michael Lewis - Truist Omotayo Oku ...

Moreover, the present development pipeline aggregates $506 million (at HIW share) and is 45% pre-leased. During the second quarter, the company also signed 61,000 square feet of first-generation leases. Balance Sheet Position 2024 Guidance HIW expects growth in same-property cash NOI to be between 0.5% and 2%. The average occupancy is anticipated between 87% and 89%, unchanged from the prior guided range. We are looking forward to the earnings releases of other REITs like Welltower (WELL) and Cousins Proper ...

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 ...

RALEIGH, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second 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: About Highwoods Contact: Hannah True Manager of Finance and Corporate Strategy Hannah.true@highwoods.com 919-872-4924 HIW Reports Second Quarter 2024 Results Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-inte ...

FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from [ ] to [ ] HIGHWOODS PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 001-13100 56-1871668 (State or other jurisdiction of incorporation o ...

The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 3, 2024 which is the next regularly scheduled dividend payment date, to all holders of record as of August 15, 2024. Highwoods 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 properties primarily in t ...

Highwoods Properties (HIW) 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. However, competition from other industry players and elevated interest rates pose concerns for the company. Highwoods is seeing a recovery in demand for its high-quality and well-placed ...

This Raleigh, NC-based 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 capitalrecycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. Image Source: Zacks Investment Research Highwoods has a large part of its portfolio concentrated in high-growth Sun Belt markets, and the company is ...

RALEIGH, N.C., July 02, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its second quarter 2024 results on Tuesday, July 23rd, after the market closes. A conference call will be held the next day, Wednesday, July 24th, at 11:00 A.M. Eastern time. For US/Canada callers, dial (833) 470-1428 and enter access code 794414. International callers should dial (929) 526-1599 and enter the same passcode. A live, listen-only webcast can be accessed on the Company's website at www.highwoods. ...