Highwoods Properties, Inc. (HIW)Real Estate | REIT - Office | Raleigh, United States | NYSE
31.15 USD
-0.23
(-0.733%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 31.01 -0.14 (-0.140%) ⇩ (Aug. 28, 2026, 8 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:59 a.m. EDT
Highwoods Properties presents a classic value trap scenario where a high dividend yield masks deteriorating fundamentals. The company is paying out 132% of its earnings, a dangerous payout ratio that leaves no room for error if occupancy rates slip or lease renewals fail. While the stock has recently rallied nearly 40% over the last year, the broader nine-year trajectory remains deeply negative, down over 43% from its peak. This recent recovery appears to be a technical bounce off oversold levels rather than a reversal of the secular decline in office real estate. The statistical forecast offers no directional bias, and options flow confirms a defensive, bearish sentiment among retail traders. Investors chasing the 6.36% yield are likely buying a falling knife, as the payout is unsustainable given the weak return on equity and the precarious balance sheet. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.146505 |
| AutoETS | 0.146765 |
| MSTL | 0.148840 |
| AutoTheta | 0.151372 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 5.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.293 |
| Excess Kurtosis | -1.03 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-08-16 |
| Last Dividend Date | 2026-08-16 |
| Debt to Equity Ratio | 132.648 |
| Revenue per Share | 7.65 |
| Market Cap | 3,498,666,752 |
| Trailing P/E | 20.77 |
| Forward P/E | 44.50 |
| Beta | 1.08 |
| Profit Margins | 20.11% |
| Website | https://www.highwoods.com |
As of Aug. 22, 2026, 4:59 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume relative to calls, creating a 'bear put' skew. While there is some call volume at lower strikes ($20-$30), the overwhelming interest in downside protection suggests traders expect continued volatility or further weakness rather than a rally. The lack of significant call open interest above current prices indicates limited speculative bullishness.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.63% | 7.55% | 7.52% | 7.15% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-17 | 0.500 | 1.630789 |
| 2026-05-18 | 0.500 | 1.944012 |
| 2026-02-17 | 0.500 | 2.178649 |
| 2025-11-17 | 0.500 | 1.798561 |
| 2025-08-18 | 0.500 | 1.731902 |
| 2025-05-19 | 0.500 | 1.655081 |
| 2025-02-18 | 0.500 | 1.733703 |
| 2024-11-18 | 0.500 | 1.592864 |
| 2024-08-19 | 0.500 | 1.599488 |
| 2024-05-17 | 0.500 | 1.900418 |
| 2024-02-16 | 0.500 | 2.114165 |
| 2023-11-17 | 0.500 | 2.672368 |
| 2023-08-18 | 0.500 | 2.230152 |
| 2023-05-19 | 0.500 | 2.429543 |
| 2023-02-17 | 0.500 | 1.759324 |
| 2022-11-18 | 0.500 | 1.771165 |
| 2022-08-19 | 0.500 | 1.490757 |
| 2022-05-20 | 0.500 | 1.309243 |
| 2022-02-18 | 0.500 | 1.159286 |
| 2021-11-12 | 0.500 | 1.058201 |
| 2021-08-13 | 0.500 | 1.089325 |
| 2021-05-14 | 0.480 | 1.103195 |
| 2021-02-12 | 0.480 | 1.198203 |
| 2020-11-13 | 0.480 | 1.333333 |
| 2020-08-14 | 0.480 | 1.261830 |
| 2020-05-15 | 0.480 | 1.522843 |
| 2020-02-14 | 0.480 | 0.914112 |
| 2019-11-07 | 0.475 | 1.029922 |
| 2019-08-09 | 0.475 | 1.078565 |
| 2019-05-10 | 0.475 | 1.076609 |
| 2019-02-15 | 0.475 | 1.013225 |
| 2018-11-08 | 0.463 | 1.046801 |
| 2018-08-10 | 0.463 | 0.937057 |
| 2018-05-17 | 0.463 | 1.047511 |
| 2018-02-16 | 0.463 | 1.059982 |
| 2017-11-13 | 0.440 | 0.851064 |
| 2017-08-10 | 0.440 | 0.875622 |
| 2017-05-15 | 0.440 | 0.881764 |
| 2017-02-16 | 0.440 | 0.865460 |
| 2016-12-22 | 0.800 | 1.605781 |
| 2016-11-09 | 0.425 | 0.895868 |
| 2016-08-11 | 0.425 | 0.792615 |
| 2016-05-16 | 0.425 | 0.895302 |
| 2016-02-12 | 0.425 | 1.028060 |
| 2015-11-12 | 0.425 | 1.015532 |
| 2015-08-13 | 0.425 | 1.020898 |
| 2015-05-18 | 0.425 | 0.995783 |
| 2015-02-13 | 0.425 | 0.910844 |
| 2014-11-13 | 0.425 | 1.009501 |
| 2014-08-14 | 0.425 | 1.011423 |
| 2014-05-16 | 0.425 | 1.048089 |
| 2014-02-13 | 0.425 | 1.155519 |
| 2013-11-06 | 0.425 | 1.137276 |
| 2013-08-15 | 0.425 | 1.256653 |
| 2013-05-20 | 0.425 | 1.080051 |
| 2013-02-14 | 0.425 | 1.191812 |
| 2012-11-07 | 0.425 | 1.308498 |
| 2012-08-16 | 0.425 | 1.285930 |
| 2012-05-17 | 0.425 | 1.301684 |
| 2012-02-15 | 0.425 | 1.319056 |
| 2011-11-09 | 0.425 | 1.459478 |
| 2011-08-11 | 0.425 | 1.413369 |
| 2011-05-19 | 0.425 | 1.196509 |
| 2011-02-10 | 0.425 | 1.268278 |
| 2010-11-10 | 0.425 | 1.317421 |
| 2010-08-12 | 0.425 | 1.403103 |
| 2010-05-18 | 0.425 | 1.394357 |
| 2010-02-10 | 0.425 | 1.543770 |
| 2009-11-12 | 0.425 | 1.464003 |
| 2009-08-13 | 0.425 | 1.446562 |
| 2009-05-14 | 0.425 | 1.950436 |
| 2009-02-11 | 0.425 | 1.950436 |
| 2008-11-13 | 0.425 | 1.817016 |
| 2008-08-07 | 0.425 | 1.224784 |
| 2008-05-08 | 0.425 | 1.257024 |
| 2008-02-07 | 0.425 | 1.416195 |
| 2007-11-07 | 0.425 | 1.263001 |
| 2007-08-09 | 0.425 | 1.233314 |
| 2007-05-04 | 0.425 | 1.009022 |
| 2007-02-08 | 0.425 | 0.933861 |
| 2006-11-27 | 0.425 | 1.074861 |
| 2006-08-10 | 0.425 | 1.169832 |
| 2006-05-08 | 0.425 | 1.350064 |
| 2006-02-03 | 0.425 | 1.392073 |
| 2005-11-23 | 0.425 | 1.468048 |
| 2005-08-04 | 0.425 | 1.388435 |
| 2005-05-13 | 0.425 | 1.555068 |
| 2005-02-03 | 0.425 | 1.741803 |
| 2004-11-04 | 0.425 | 1.650485 |
| 2004-08-05 | 0.425 | 1.847023 |
| 2004-05-06 | 0.425 | 1.908397 |
| 2004-02-11 | 0.425 | 1.565378 |
| 2003-11-06 | 0.425 | 1.694577 |
| 2003-08-06 | 0.425 | 1.899017 |
| 2003-05-05 | 0.425 | 2.076209 |
| 2003-02-06 | 0.585 | 2.707080 |
| 2002-11-14 | 0.585 | 3.062827 |
| 2002-08-07 | 0.585 | 2.340000 |
| 2002-05-02 | 0.585 | 2.089286 |
| 2002-02-06 | 0.585 | 2.217589 |
| 2001-11-14 | 0.585 | 2.442589 |
| 2001-08-08 | 0.585 | 2.282482 |
| 2001-05-02 | 0.570 | 2.273634 |
| 2001-02-07 | 0.570 | 2.244978 |
| 2000-11-14 | 0.570 | 2.682353 |
| 2000-08-08 | 0.570 | 2.268657 |
| 2000-05-02 | 0.555 | 2.349206 |
| 2000-02-08 | 0.555 | 2.466667 |
| 1999-11-08 | 0.555 | 2.361702 |
| 1999-08-03 | 0.555 | 2.439560 |
| 1999-05-05 | 0.540 | 2.092010 |
| 1999-02-02 | 0.540 | 2.297872 |
| 1998-11-06 | 0.540 | 1.945946 |
| 1998-08-04 | 0.540 | 1.862069 |
| 1998-05-05 | 0.510 | 1.494505 |
| 1998-02-03 | 0.510 | 1.441696 |
| 1997-11-12 | 0.510 | 1.545455 |
| 1997-08-06 | 0.510 | 1.569231 |
| 1997-05-07 | 0.480 | 1.523810 |
| 1997-02-12 | 0.480 | 1.381295 |
| 1996-11-12 | 0.480 | 1.648069 |
| 1996-08-07 | 0.480 | 1.721973 |
| 1996-05-06 | 0.450 | 1.558442 |
| 1996-02-07 | 0.450 | 1.518987 |
| 1995-11-08 | 0.425 | 1.611374 |
| 1995-08-02 | 0.425 | 1.717172 |
| 1995-05-01 | 0.425 | 1.954023 |
| 1995-01-31 | 0.425 | 2.023810 |
| 1994-10-31 | 0.425 | 2.060606 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.0038375258 |
| Address1 | 150 Fayetteville Street |
| Address2 | Suite 1400 |
| All Time High | 56.23 |
| All Time Low | 14.65 |
| Ask | 31.32 |
| Ask Size | 800 |
| Audit Risk | 4 |
| Average Daily Volume10 Day | 840,300 |
| Average Daily Volume3 Month | 1,670,457 |
| Average Volume | 1,670,457 |
| Average Volume10Days | 840,300 |
| Beta | 1.075 |
| Bid | 30.35 |
| Bid Size | 300 |
| Board Risk | 2 |
| Book Value | 21.439 |
| City | Raleigh |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 31.15 |
| Current Ratio | 1.05 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 31.51 |
| Day Low | 31.14 |
| Debt To Equity | 132.648 |
| Display Name | Highwoods Properties |
| Dividend Date | 1,788,912,000 |
| Dividend Rate | 2.0 |
| Dividend Yield | 6.37 |
| Earnings Call Timestamp End | 1,793,217,600 |
| Earnings Call Timestamp Start | 1,793,217,600 |
| Earnings Growth | 4.002 |
| Earnings Quarterly Growth | 3.988 |
| Earnings Timestamp | 1,793,131,200 |
| Earnings Timestamp End | 1,793,131,200 |
| Earnings Timestamp Start | 1,793,131,200 |
| Ebitda | 482,676,992 |
| Ebitda Margins | 0.5754 |
| Enterprise To Ebitda | 14.693 |
| Enterprise To Revenue | 8.454 |
| Enterprise Value | 7,091,790,336 |
| Eps Current Year | 0.59 |
| Eps Forward | 0.7 |
| Eps Trailing Twelve Months | 1.5 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,786,924,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 919 431 1439 |
| Fifty Day Average | 31.703 |
| Fifty Day Average Change | -0.5529995 |
| Fifty Day Average Change Percent | -0.017443128 |
| Fifty Two Week Change Percent | -0.38375258 |
| Fifty Two Week High | 35.44 |
| Fifty Two Week High Change | -4.289999 |
| Fifty Two Week High Change Percent | -0.121049635 |
| Fifty Two Week Low | 20.45 |
| Fifty Two Week Low Change | 10.699999 |
| Fifty Two Week Low Change Percent | 0.52322733 |
| Fifty Two Week Range | 20.45 - 35.44 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 771,082,200,000 |
| Five Year Avg Dividend Yield | 6.91 |
| Float Shares | 107,991,987 |
| Forward Eps | 0.7 |
| Forward P E | 44.5 |
| Free Cashflow | 270,770,112 |
| Full Exchange Name | NYSE |
| Full Time Employees | 315 |
| Fullday Change | -0.23 |
| Fullday Change Percent | -0.732949 |
| Fullday Price | 31.01 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.67342 |
| Gross Profits | 564,899,968 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.013099999 |
| Held Percent Institutions | 1.2095 |
| Implied Shares Outstanding | 112,316,750 |
| Industry | REIT - Office |
| Industry Disp | REIT - Office |
| Industry Key | reit-office |
| Ir Website | http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=103169 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,786,924,800 |
| Last Dividend Value | 0.5 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Highwoods Properties, Inc. is a publicly traded fully integrated office real estate investment trust 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. The firm's vision is to be a leader in the evolution of commercial real estate for the benefit of customers, their communities and those who invest with them. Highwood Properties' mission is to create environments and experiences that inspire their teammates and their customers to achieve more together. They are in the work-placemaking business and believe that by creating exceptional environments and experiences, they can deliver greater value to customers, their teammates and, in turn, their shareholders. Highwoods Properties, Inc., is headquarters in Raleigh. Highwoods Properties, Inc. was incorporated in 1978 in Maryland, USA. |
| Long Name | Highwoods Properties, Inc. |
| Market | us_market |
| Market Cap | 3,498,666,752 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_332500 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 166,371,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,461,408,901 |
| Number Of Analyst Opinions | 9 |
| Open | 31.5 |
| Operating Cashflow | 384,428,000 |
| Operating Margins | 0.26328 |
| Overall Risk | 3 |
| Payout Ratio | 1.3245 |
| Peg Ratio | 7.77 |
| Phone | 919 872 4924 |
| Post Market Change | -0.13999939 |
| Post Market Change Percent | -0.44943625 |
| Post Market Price | 31.01 |
| Post Market Time | 1,787,961,600 |
| Previous Close | 31.38 |
| Price Eps Current Year | 52.79661 |
| Price Hint | 2 |
| Price To Book | 1.4529597 |
| Price To Sales Trailing12 Months | 4.1707544 |
| Profit Margins | 0.20107001 |
| Quick Ratio | 0.82 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.23 |
| Regular Market Change Percent | -0.732949 |
| Regular Market Day High | 31.51 |
| Regular Market Day Low | 31.14 |
| Regular Market Day Range | 31.14 - 31.51 |
| Regular Market Open | 31.5 |
| Regular Market Previous Close | 31.38 |
| Regular Market Price | 31.15 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 624,913 |
| Return On Assets | 0.0218 |
| Return On Equity | 0.06815 |
| Revenue Growth | 0.075 |
| Revenue Per Share | 7.65 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 110,272,697 |
| Shares Percent Shares Out | 0.1096 |
| Shares Short | 12,092,710 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 10,242,243 |
| Short Name | Highwoods Properties, Inc. |
| Short Percent Of Float | 0.1732 |
| Short Ratio | 8.63 |
| Source Interval | 15 |
| State | NC |
| Symbol | HIW |
| Target High Price | 35.0 |
| Target Low Price | 26.0 |
| Target Mean Price | 31.44444 |
| Target Median Price | 31.0 |
| Total Cash | 145,376,992 |
| Total Cash Per Share | 1.318 |
| Total Debt | 3,515,608,064 |
| Total Revenue | 838,857,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 2.0 |
| Trailing Annual Dividend Yield | 0.06373487 |
| Trailing Eps | 1.5 |
| Trailing P E | 20.766666 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 26.7771 |
| Two Hundred Day Average Change | 4.3729 |
| Two Hundred Day Average Change Percent | 0.16330746 |
| Type Disp | Equity |
| Volume | 624,913 |
| Website | https://www.highwoods.com |
| Zip | 27,601 |