Highwoods Properties(HIW)

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Highwoods to Release Second Quarter 2024 Results Tuesday, July 23rd
Newsfilter· 2024-07-02 20:05
A conference call will be held the next day, Wednesday, July 24th, at 11:00 A.M. Eastern time. About Highwoods Contact: Brendan Maiorana Executive Vice President and Chief Financial Officer brendan.maiorana@highwoods.com 919-872-4924 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. For US/Canada callers, dial (833) 470-1428 and enter access code 794414. International callers sho ...
Highwoods to Present at Nareit's REITweek: 2024 Investor Conference
GlobeNewswire News Room· 2024-05-30 20:05
RALEIGH, N.C., May 30, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces Ted Klinck, President and Chief Executive Officer, will participate in a Company roundtable presentation during Nareit's REITweek: 2024 Investor Conference. The presentation will take place on Wednesday, June 5, 2023, at 9:30 a.m. ET, and will last approximately 30 minutes. The following is a link to the webcast presentation on the Company's website, a replay of which will be available an hour after the presentat ...
Highwoods (HIW) Stock Rises 11.1% Year to Date: Here's How
zacks.com· 2024-05-28 16:46
Shares of Highwoods Properties (HIW) have gained 11.1% in the year-to-date period against the industry's decline of 10.2%. The 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 capital- recycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. The company, carrying a ...
Why Is Highwoods Properties (HIW) Up 0.3% Since Last Earnings Report?
zacks.com· 2024-05-23 16:36
A month has gone by since the last earnings report for Highwoods Properties (HIW) . Shares have added about 0.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Highwoods Properties due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Highwoods Q1 FFO Miss Estimates ...
Why You Should Retain Highwoods (HIW) Stock in Your Portfolio
Zacks Investment Research· 2024-05-13 17:41
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 ...
Opportunity Knocks On These REITs, Up To 8% Yield
Seeking Alpha· 2024-04-29 17:45
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(HIW) - 2024 Q1 - Earnings Call Transcript
2024-04-24 19:42
Highwoods Properties, Inc. (NYSE:HIW) Q1 2024 Earnings Conference Call April 24, 2024 11:00 AM ET Company Participants Hannah True - Manager of Finance and Corporate Strategy Ted Klinck - President and Chief Executive Officer Brian Leary - Executive Vice President and Chief Operating Officer Brendan Maiorana - Executive Vice President and Chief Financial Officer Conference Call Participants Camille Bonnel - Bank of America Georgi Dinkov - Mizuho Securities Blaine Heck - Wells Fargo Securities Michael Griffi ...
Highwoods (HIW) Q1 FFO Miss Estimates, '24 View Revised
Zacks Investment Research· 2024-04-24 17:41
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 ...
Here's What Key Metrics Tell Us About Highwoods Properties (HIW) Q1 Earnings
Zacks Investment Research· 2024-04-24 00:01
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) Q1 FFO Lag Estimates
Zacks Investment Research· 2024-04-23 23:06
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 ...