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. The company maintains a healthy balance sheet position, with no consolidated d ...

gawrav REITs have taken a beating over the past 12+ months. While it's easy to get caught up in a doom loop of negativity around this sector, it's worth considering that like everything else, this too should pass with time. Plus, it's good to go against the grain when it seems the majority of the market is chasing hot AI tech names to very high valuations. In the meantime, value and income investors get paid real cash for holding on to undervalued companies that own hard assets that produce durable cash flo ...

Highwoods Properties Inc. (HIW) reported first-quarter 2024 funds from operations (FFO) per share of 89 cents, missing the Zacks Consensus Estimate of 90 cents. The figure was also lower than the prior-year quarter’s 98 cents.Quarterly results reflect a fall in occupancy and higher operating expenses. It also revised its outlook for 2024.Rental and other revenues came in at $211.3 million, outpacing the Zacks Consensus Estimate of $207 million.On a year-over-year basis, rental and other revenues fell margin ...

For the quarter ended March 2024, Highwoods Properties (HIW) reported revenue of $211.28 million, down 0.7% over the same period last year. EPS came in at $0.89, compared to $0.42 in the year-ago quarter.The reported revenue represents a surprise of +2.09% over the Zacks Consensus Estimate of $206.95 million. With the consensus EPS estimate being $0.90, the EPS surprise was -1.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.89 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to FFO of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.11%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.91 per share when it actually produced FFO of $0.99, delivering a surprise of 8.79%.Over the last four ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ 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 ...

RALEIGH, N.C., April 17, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 11, 2024 to all holders of record as of May 20, 2024. 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 ...

Highwoods Properties, Inc. (HIW) recently announced $79.4 million of combined non-core asset disposition in Raleigh. The move comes as part of the company’s disciplined capital-recycling strategy that entails disposing of non-core assets and redeploying the proceeds in premium asset acquisitions and accretive development projects, and debt repayment.Particularly, HIW sold eight office buildings aggregating 338,000 square feet in the west Raleigh submarket, across from Rex Hospital and one office building th ...

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing early in the second quarter. The sold properties include eight office buildings encompassing 338,000 square feet across from Rex Hospital in the west Raleigh submarket and one office building ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 HIGHWOODS REALTY LIMITED PARTNERSHIP (Exact name of registrant as specified in its charter) FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ 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. North Carolina 000-21731 56-1869557 (State o ...