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Company Analysis

Highwoods Properties, Inc. HIW

A comprehensive view of key metrics, scores, and financial health for Highwoods Properties, Inc.

Overview of Highwoods Properties, Inc.

HIW NYQ
Real Estate REIT - Office Mid Cap
Highwoods Properties, Inc. (HIW), is a Mid Cap company, in the REIT - Office industry, last closed at $21.45, about 173.1% undervalued vs fair value, -26.1% 1Y return, placing in the top 25% of its sector.
$21.45
-0.56%
As of March 13, 2026
Previous close • Vol 90d: 32.1%
Market Cap
$2.50B
Enterprise Value
$6.02B
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.highwoods.com
HQ Raleigh, NC
Employees 315
Fiscal year Dec 31

Next Events

Earnings Apr 28 Call: Apr 29

Fair Value Snapshot

Bear Base Bull
$52
$59
$66
Current: $21.45 +173% vs base

Engine Room Money Flow™

Mid Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$806.1M
-2.4%%
Net Operating Income
$209.5M
-1.5%%
Net Income
$157.3M
56.1%%
FFO (Funds From Operations)
$559.4M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
39.2%
Excellent

Dividends / FFO - basic dividend safety

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$221.1M
46.2% of AFFO

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
3
Active Leaks
0/3
Improving
0
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Highwoods Properties, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
67
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Strong
80
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 94% Coverage
Trade-Off Triangle Visualization A ternary plot showing HIW's balance between Growth (30.6%), Profitability (36.7%), and Safety (32.8%). Growth 31% Safety 33% Profitability 37%

Click axes to expand details. Marker shows current allocation.

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Growth

58th percentile vs peers
59
Key Signals
FFO Growth YoY 9.9% 75p AFFO/Share 3.62 81p Rev Growth YoY -2.4% 37p FFO/Share 4.26 77p AFFO YoY Growth 9.9% 75p
Strengths
  • Affo/Share in top 20% of peers (3.62, 81th percentile)
  • Affo Margin in top 20% of peers (49.4%, 89th percentile)
  • Ffo Margin in top 20% of peers (58.1%, 89th percentile)
Risks

No significant risks identified for this axis.

Profitability

70th percentile vs peers
70
Key Signals
Strengths
Risks
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Safety

62th percentile vs peers
63
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Highwoods Properties, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
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Bear
-
- - -
- upside
-
Base
$58.57
- - -
+173.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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