Lumida
/HIW
⌘K
Highwoods Properties Inc

Highwoods Properties Inc

HIW
$30.93USD+1.61%+0.49 today

MARKET CAP

3.4B

P/E (TTM)

19.5x

FWD P/E

32.2x

DAY RANGE

$30 – $31

52W RANGE

$20
$35

AI Summary

Stalk
TrimMedium

HIW is trading in a tight consolidation after a strong run, with neutral short-term conditions and converged EMAs; the medium-term distribution phase suggests a bearish bias for deferred selling, while the long-term uptrend remains intact above the rising 200-day SMA.

  • Leased >1 M sq ft in Q2 2026 with cash rent growth of 4.8% and gap rent growth of 19.4%.
  • Raised 2026 FFO outlook to $3.46–$3.70, backed by improving NOI and occupancy.
  • Leverage remains elevated, raising refinancing risk amid rising interest rates.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$768.0M$828.9M$834.0M$825.9M$806.1M
YoY %+4.2%+7.9%+0.6%-1.0%-2.4%
P / Sales6.2x3.6x3.0x4.0x3.5x
EV / Sales10.2x7.8x7.2x8.3x8.3x
Gross Profit, Adj.$768.0M$828.9M$834.0M$825.9M$806.1M
YoY %+4.2%+7.9%+0.6%-1.0%-2.4%
Margin %100.0%100.0%100.0%100.0%100.0%
EV / Gross Profit10.2x7.8x7.2x8.3x8.3x
EBITDA, Adj.$491.5M$526.6M$522.4M$511.8M$504.4M
YoY %+6.4%+7.1%-0.8%-2.0%-1.4%
Margin %64.0%63.5%62.6%62.0%62.6%
EV / EBITDA15.9x12.3x11.5x13.5x13.2x
EBIT$231.8M$202.7M$222.9M$188.1M$200.7M
YoY %+5.0%-12.5%+10.0%-15.6%+6.7%
Margin %30.2%24.5%26.7%22.8%24.9%
EV / EBIT33.8x32.1x26.9x36.6x33.2x
Net Income$310.8M$156.6M$146.2M$99.8M$157.3M
YoY %-9.9%-49.6%-6.6%-31.8%+57.6%
Net Margin40.5%18.9%17.5%12.1%19.5%
EPS (GAAP)$2.98$1.49$1.39$0.94$1.45
YoY %-10.2%-50.0%-6.7%-32.4%+54.3%