Highwoods Properties, Inc. (HIW)
Real Estate · NYQ
Price as at 29 Sept 2026, 20:39 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Highwoods Properties, Inc. trades at $28.64, which is 99% below the $56.98 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 53 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
HIW dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.50 | 3 |
| 2025 | $2.00 | 4 |
| 2024 | $2.00 | 4 |
| 2023 | $2.00 | 4 |
| 2022 | $2.00 | 4 |
| 2021 | $1.96 | 4 |
| 2020 | $1.92 | 4 |
| 2019 | $1.90 | 4 |
| 2018 | $1.85 | 4 |
| 2017 | $1.76 | 4 |
| 2016 | $2.50 | 5 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
HIW earnings and analyst estimates
Recommendation mix, 10 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Highwoods Properties, Inc.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
HIW passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Joel Greenblatt, Gotham Asset Management, LLC$71.85M · 0.2% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$19.68M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$12.37M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$7.07M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$1.20M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in HIW
Trades in HIW disclosed by members of Congress and executive-branch officials, latest first:
- Donna Shalala · HouseSell · $1,001 - $15,000 · traded 24 Jun 2019 · disclosed 27 Apr 2020
- Donna Shalala · HouseBuy · $1,001 - $15,000 · traded 3 Apr 2019 · disclosed 27 Apr 2020
- Donna Shalala · HouseBuy · $1,001 - $15,000 · traded 6 Feb 2019 · disclosed 27 Apr 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
HIW peers
The largest companies in the same industry (REIT - Office), then in the same sector.
- CUZ Cousins Properties Incorporated
- ESBA Empire State Realty OP, L.P.
- HPP Hudson Pacific Properties, Inc.
- OPI Office Properties Income Trust
- NLOP Net Lease Office Properties
- FSP Franklin Street Properties Corp.
- WELL Welltower Inc.
- PLD Prologis Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Highwoods Properties, Inc. (HIW) undervalued?
Against our fair value estimate of $56.98, HIW at $28.64 is 99% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own HIW?
6 of the institutions we track reported a position in HIW in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is HIW's P/E ratio?
HIW trades at 22.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Highwoods Properties, Inc. (HIW) pay a dividend?
Yes. Highwoods Properties, Inc. yields 5.92% at the current share price. It has paid $2.00 per share over the trailing twelve months. It has paid a dividend in each of the last 32 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does HIW report earnings next?
Highwoods Properties, Inc. is scheduled to report on 27 Oct 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its HIW data?
Fundamentals for HIW come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 29 Sept 2026, 20:39 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for HIW, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.