Highwoods Properties, Inc (NYSE:HIW) shares, rose in value on Friday, March 28, with the stock price up by 0.62% to the previous day’s close as strong demand from buyers drove the stock to $29.22.
Actively observing the price movement in the last trading, the stock closed the session at $29.04, falling within a range of $28.975 and $29.37. The value of beta (5-year monthly) was 1.265 whereas the PE ratio was 31.10 over 12-month period. Referring to stock’s 52-week performance, its high was $36.78, and the low was $23.52. On the whole, HIW has fluctuated by 1.46% over the past month.
With the market capitalization of Highwoods Properties, Inc currently standing at about $3.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-10. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 6.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 817.24M, with a low estimate of 198.8M and a high estimate of 206.19M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 201.31M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HIW’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HIW currently trading nearly 1.30% and 0.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.60, while the 7-day volatility ratio is showing 2.03% which for the 30-day chart, stands at 2.67%. Furthermore, Highwoods Properties, Inc (HIW)’s beta value is 1.20, and its average true range (ATR) is 0.73.
A comparison of Highwoods Properties, Inc (HIW) with its peers suggests the former has fared considerably weaker in the market. HIW showed an intraday change of 0.62% in last session, and over the past year, it grew by 17.59%%.
Data on historical trading for Highwoods Properties, Inc (NYSE:HIW) indicates that the trading volumes over the past 10 days have averaged 0.96 and over the past 3 months, they’ve averaged 1.03 million. According to company’s latest data on outstanding shares, there are 107.62 million shares outstanding.
Nearly 1.81% of Highwoods Properties, Inc’s shares belong to company insiders and institutional investors own 102.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.0 million shares as on 2025-03-14, resulting in a short ratio of 3.14. According to the data, the short interest in Highwoods Properties, Inc (HIW) stood at 744.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.44 million. The stock has fallen by -4.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HIW stock heading into the next quarter.
