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Upturn AI SWOT - About
HIW 
Highwoods Properties Inc (HIW)
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Upturn Advisory Summary
07/02/2025: HIW (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $30.44
1 Year Target Price $30.44
| 3 | Strong Buy |
| 0 | Buy |
| 6 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 30.34% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.42B USD | Price to earnings Ratio 19.44 | 1Y Target Price 30.44 |
Price to earnings Ratio 19.44 | 1Y Target Price 30.44 | ||
Volume (30-day avg) 10 | Beta 1.22 | 52 Weeks Range 23.80 - 35.00 | Updated Date 07/2/2025 |
52 Weeks Range 23.80 - 35.00 | Updated Date 07/2/2025 | ||
Dividends yield (FY) 6.43% | Basic EPS (TTM) 1.6 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 21.18% | Operating Margin (TTM) 26.18% |
Management Effectiveness
Return on Assets (TTM) 2.22% | Return on Equity (TTM) 7.16% |
Valuation
Trailing PE 19.44 | Forward PE 65.79 | Enterprise Value 6717355668 | Price to Sales(TTM) 4.17 |
Enterprise Value 6717355668 | Price to Sales(TTM) 4.17 | ||
Enterprise Value to Revenue 8.24 | Enterprise Value to EBITDA 10.82 | Shares Outstanding 107811000 | Shares Floating 105665179 |
Shares Outstanding 107811000 | Shares Floating 105665179 | ||
Percent Insiders 1.9 | Percent Institutions 108.26 |
Analyst Ratings
Rating 3 | Target Price 30.44 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 6 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Highwoods Properties Inc
Company Overview
History and Background
Highwoods Properties Inc. was founded in 1978 and became a public REIT in 1994. It primarily focuses on developing, acquiring, leasing, and managing office and mixed-use properties.
Core Business Areas
- Office Properties: Ownership, development, acquisition, and management of office properties primarily in the BBDs (Best Business Districts) of high-growth markets.
- Mixed-Use Properties: Integrated development projects including office, retail, residential, and hotel components.
Leadership and Structure
The company is led by CEO Theodore L. Klinck. Its organizational structure consists of functional departments like asset management, development, leasing, and finance.
Top Products and Market Share
Key Offerings
- Office Space Leasing: Leasing office space to various businesses. Market share data is difficult to pinpoint exactly due to fragmented regional markets, but Highwoods focuses on specific BBDs. Competitors include Cousins Properties (CUZ), Boston Properties (BXP), and other regional REITs. Revenue is derived from rental income and related service fees. It is difficult to give an exact revenue breakdown. The exact number of users is dynamic, depending on leases in the current period.
- Development Services: Developing new properties and redeveloping existing ones. The development projects are mixed use, and revenue is derived from rental income and services. Competitors are typically private developers and other REITs with development capabilities.
Market Dynamics
Industry Overview
The office REIT industry is currently facing headwinds due to remote work trends and economic uncertainty, but well-located, high-quality properties in growth markets are performing relatively better.
Positioning
Highwoods is positioned as a high-quality office REIT focused on the BBDs of high-growth Southeast and Sun Belt markets. Their competitive advantage lies in their deep local market knowledge and development expertise.
Total Addressable Market (TAM)
The total commercial real estate market is valued in the trillions of dollars. Highwoods focuses on specific submarkets within this larger TAM, primarily office space in high-growth areas, allowing them to have a concentrated regional presence.
Upturn SWOT Analysis
Strengths
- Strong presence in high-growth markets
- High-quality office portfolio
- Experienced management team
- Strong balance sheet (relatively)
- Development expertise
Weaknesses
- Exposure to office sector headwinds (remote work)
- Geographic concentration increases risk
- Sensitivity to economic cycles
- Reliance on single tenant leases for larger office spaces
Opportunities
- Acquisitions in strategic markets
- Development of new mixed-use projects
- Repositioning of existing assets
- Growing demand in Sun Belt markets
- Further expansion of development pipeline
Threats
- Increased remote work adoption
- Economic downturn
- Rising interest rates
- Increased competition
- Tenant bankruptcies
Competitors and Market Share
Key Competitors
- Cousins Properties (CUZ)
- Boston Properties (BXP)
- Kilroy Realty (KRC)
Competitive Landscape
Highwoods competes on the basis of location, quality of properties, and customer service. It differentiates itself with its deep local market knowledge and development expertise in high-growth Southeast and Sun Belt markets.
Major Acquisitions
BBB Bright Realty
- Year: 2021
- Acquisition Price (USD millions): 560
- Strategic Rationale: Expanded Highwoods' presence in the high-growth Nashville market with an established development platform and a substantial land pipeline. This was to increase their portfolio of office real estate.
Growth Trajectory and Initiatives
Historical Growth: Highwoods' historical growth has been driven by acquisitions and development projects in target markets. Growth rates have varied depending on the economic cycle.
Future Projections: Future growth is expected to be driven by continued development and acquisitions in high-growth markets, but projections are subject to economic uncertainty and evolving office space demand.
Recent Initiatives: Recent initiatives include strategic acquisitions, development of mixed-use properties, and focusing on sustainability efforts.
Summary
Highwoods Properties is a well-managed REIT focused on high-growth markets. Its strengths lie in its quality portfolio and local market expertise. Remote work trends present a significant challenge, but the company's focus on premium properties in desirable locations provides a degree of resilience. Investors should monitor economic conditions and the evolving demand for office space.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Investor presentations
- Earnings call transcripts
- Third-party market research reports
- Public financial news sources
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data and financial information are subject to change. Investment decisions should be based on individual risk tolerance and thorough due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Highwoods Properties Inc
Exchange NYSE | Headquaters Raleigh, NC, United States | ||
IPO Launch date 1994-06-07 | President, CEO & Director Mr. Theodore J. Klinck | ||
Sector Real Estate | Industry REIT - Office | Full time employees 350 | Website https://www.highwoods.com |
Full time employees 350 | Website https://www.highwoods.com | ||
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE: HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders.
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