While Highwoods Properties, Inc. has overperformed by 0.59%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HIW rose by 4.08%, with highs and lows ranging from $26.27 to $17.06, whereas the simple moving average jumped by 6.11% in the last 200 days.
On January 30, 2024, Deutsche Bank started tracking Highwoods Properties, Inc. (NYSE: HIW) recommending Buy. A report published by Morgan Stanley on December 21, 2023, Downgraded its rating to ‘Underweight’ for HIW. BofA Securities also Downgraded HIW shares as ‘Neutral’, setting a target price of $20 on the company’s shares in a report dated November 13, 2023. Wells Fargo August 30, 2023d the rating to Equal Weight on August 30, 2023, and set its price target from $27 to $22. Morgan Stanley March 09, 2023d its ‘Overweight’ rating to ‘Equal-Weight’ for HIW, as published in its report on March 09, 2023. Robert W. Baird’s report from October 10, 2022 suggests a price prediction of $31 for HIW shares, giving the stock a ‘Neutral’ rating. Jefferies also rated the stock as ‘Hold’.
Analysis of Highwoods Properties, Inc. (HIW)
Investors in Highwoods Properties, Inc. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $2.00 per share. Further, the quarter-over-quarter decrease in sales is -6.46%, showing a negative trend in the upcoming months.
One of the most important indicators of Highwoods Properties, Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 6.06% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and HIW is recording 1.33M average volume. On a monthly basis, the volatility of the stock is set at 2.72%, whereas on a weekly basis, it is put at 2.62%, with a loss of -4.58% over the past seven days. Furthermore, long-term investors anticipate a median target price of $24.70, showing growth from the present price of $23.96, which can serve as yet another indication of whether HIW is worth investing in or should be passed over.
How Do You Analyze Highwoods Properties, Inc. Shares?
The REIT – Office market is dominated by Highwoods Properties, Inc. (HIW) based in the USA. When comparing Highwoods Properties, Inc. shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 17.29, there is a growth in quarterly earnings of 37.23%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.71%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 104.76% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HIW shares are owned by institutional investors to the tune of 104.76% at present.
