HIW
Highwoods Properties Inc
NYSE: HIW · REAL ESTATE · REIT - OFFICE
$23.73
-4.78% today
Updated 2026-04-29
Market cap
$2.66B
P/E ratio
16.37
P/S ratio
3.30x
EPS (TTM)
$1.45
Dividend yield
—
52W range
$20 – $32
Volume
1.4M
WallStSmart proprietary scores
51
out of 100
Grade: C
Hold
Investment rating
2.0
Growth
F5.0
Quality
C+6.5
Profitability
B6.7
Valuation
B—/9
Piotroski F-Score
—
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →204 stocks currently score above 75
Price targets
Analyst target
$26.22
+10.49%
12-Month target
$18.27
-23.01%
Intrinsic (DCF)
$52.46
Margin of safety
+55.49%
0 Strong Buy2 Buy8 Hold0 Sell0 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Free cash flow $62.85M — positive
+ 55.49% below intrinsic value
Risks
- Revenue declining -1.60% QoQ
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $828.93M | $834.00M | $825.86M | $806.11M | $808.48M |
| Net income | $159.06M | $148.72M | $102.25M | $159.61M | $31.94M |
| EPS | — | — | — | — | $1.45 |
| Free cash flow | $152.49M | $216.95M | $218.75M | $166.56M | $62.85M |
| Profit margin | 19.19% | 17.83% | 12.38% | 19.80% | 19.70% |
Peer comparison
Smart narrative
Highwoods Properties Inc trades at $23.73. representing a P/E of 16.37x trailing earnings. Our Smart Value Score of 51/100 indicates the stock is fair. TTM revenue stands at $808.48M. with profit margins at 19.70%. Our DCF model estimates intrinsic value at $52.46.
Frequently asked questions
What is Highwoods Properties Inc's stock price?
Highwoods Properties Inc (HIW) trades at $23.73.
Is Highwoods Properties Inc overvalued?
Smart Value Score 51/100 (Grade C, Hold). DCF value $52.46.
What is the price target of Highwoods Properties Inc (HIW)?
The analyst target price is $26.22, representing +10.5% upside from the current price of $23.73.
What is the intrinsic value of Highwoods Properties Inc (HIW)?
Based on our DCF model, intrinsic value is $52.46, a +55.5% margin of safety versus $23.73.
What is Highwoods Properties Inc's revenue?
TTM revenue is $808.48M.
Company info
SectorREAL ESTATE
IndustryREIT - OFFICE
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio3.30x
ROE6.68%
Beta1.07
50D MA$22.42
200D MA$27.08
Shares out0.11B
Float0.11B
Short ratio—
Avg volume1.4M
Performance
1 week—
1 month—
3 months—
YTD—
1 year—
3 years—
5 years—