Highwoods Properties (HIW) Stock Forecast, Price Target & Predictions
HIW Stock Forecast
Highwoods Properties stock forecast is as follows: an average price target of $32.50 (represents a 8.05% upside from HIW’s last price of $30.08) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
HIW Price Target
The average price target for Highwoods Properties (HIW) is $32.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $32.00. This represents a potential 8.05% upside from HIW's last price of $30.08.
HIW Analyst Ratings
According to 6 Wall Street analysts, Highwoods Properties's rating consensus is 'Hold'. The analyst rating breakdown for HIW stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 5 'Hold' (83.33%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Highwoods Properties Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Blaine Heck | Wells Fargo | $32.00 | $31.79 | 0.66% | 6.38% |
| Jul 29, 2024 | Michael Lewis | Truist Financial | $33.00 | $30.52 | 8.13% | 9.71% |
| Oct 03, 2023 | Ronald Josey | Morgan Stanley | $22.00 | $20.03 | 9.84% | -26.86% |
| Apr 22, 2022 | Mizuho Securities | $46.00 | $44.87 | 2.52% | 52.93% |
The latest Highwoods Properties stock forecast, released on Sep 11, 2024 by Blaine Heck from Wells Fargo, set a price target of $32.00, which represents a 0.66% increase from the stock price at the time of the forecast ($31.79), and a 6.38% increase from HIW last price ($30.08).
Highwoods Properties Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $32.50 |
| Last Closing Price | $30.08 | $30.08 | $30.08 |
| Upside/Downside | -100.00% | -100.00% | 8.05% |
In the current month, the average price target of Highwoods Properties stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Highwoods Properties's last price of $30.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | BTIG | Neutral | Neutral | Hold |
| Oct 01, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Sep 11, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 06, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Mar 28, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Nov 13, 2023 | Bank of America Securities | Neutral | Downgrade | |
| Oct 03, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 03, 2023 | Credit Suisse | Neutral | Neutral | Hold |
Highwoods Properties's last stock rating was published by BTIG on Oct 23, 2024. The company gave HIW a "Neutral" rating, the same as its previous rate.
Highwoods Properties Financial Forecast
Highwoods Properties Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $206.86M | $207.09M | $207.29M | $212.75M | $211.71M | $207.00M | $203.84M | $206.38M | $203.21M | $195.50M | $185.50M | $183.81M | $179.90M | $181.04M | $183.15M | $192.80M | $192.07M | $187.47M |
| Avg Forecast | $221.62M | $220.00M | $217.63M | $216.42M | $211.48M | $197.06M | $194.51M | $193.37M | $204.16M | $204.96M | $205.06M | $206.70M | $207.79M | $206.84M | $210.92M | $214.07M | $210.50M | $205.17M | $205.18M | $204.05M | $200.28M | $193.65M | $184.02M | $181.52M | $180.35M | $181.77M | $186.91M | $192.05M | $193.21M | $185.83M |
| High Forecast | $225.26M | $223.61M | $221.20M | $219.98M | $214.95M | $200.29M | $197.70M | $196.69M | $206.99M | $207.49M | $205.06M | $206.70M | $208.91M | $207.46M | $214.38M | $217.58M | $213.95M | $205.17M | $205.18M | $204.05M | $200.28M | $193.65M | $184.02M | $181.52M | $180.35M | $181.77M | $186.91M | $192.05M | $193.21M | $185.83M |
| Low Forecast | $218.89M | $217.28M | $214.95M | $213.75M | $208.87M | $194.62M | $192.11M | $190.47M | $202.63M | $202.43M | $205.06M | $206.70M | $206.94M | $205.57M | $208.31M | $211.43M | $207.90M | $205.17M | $205.18M | $204.05M | $200.28M | $193.65M | $184.02M | $181.52M | $180.35M | $181.77M | $186.91M | $192.05M | $193.21M | $185.83M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.98% | 0.99% | 1.01% | 1.01% | 0.99% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.00% | 1.00% | 0.98% | 1.00% | 0.99% | 1.01% |
Highwoods Properties's average Quarter revenue forecast for Mar 24 based on 4 analysts is $206.70M, with a low forecast of $206.70M, and a high forecast of $206.70M. HIW's average Quarter revenue forecast represents a -0.08% decrease compared to the company's last Quarter revenue of $206.86M (Dec 23).
Highwoods Properties EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $126.10M | $132.40M | $133.79M | $136.75M | $134.16M | $131.67M | $132.33M | $132.06M | $230.37M | $160.93M | $140.14M | $135.07M | $162.69M | $120.53M | $116.32M | $267.87M | $146.79M | $109.23M |
| Avg Forecast | $86.84M | $86.20M | $85.27M | $84.80M | $82.86M | $77.21M | $76.21M | $75.77M | $79.99M | $80.31M | $80.35M | $143.98M | $81.42M | $81.05M | $82.64M | $130.89M | $82.48M | $129.41M | $129.42M | $118.99M | $126.32M | $122.14M | $116.07M | $100.36M | $113.75M | $114.65M | $117.89M | $121.13M | $121.87M | $117.21M |
| High Forecast | $88.26M | $87.62M | $86.67M | $86.19M | $84.22M | $78.48M | $77.46M | $77.07M | $81.10M | $81.30M | $80.35M | $172.77M | $81.86M | $81.29M | $84.00M | $157.07M | $83.83M | $129.41M | $129.42M | $142.79M | $126.32M | $122.14M | $116.07M | $120.43M | $113.75M | $114.65M | $117.89M | $121.13M | $121.87M | $117.21M |
| Low Forecast | $85.77M | $85.14M | $84.22M | $83.75M | $81.84M | $76.26M | $75.27M | $74.63M | $79.40M | $79.32M | $80.35M | $115.18M | $81.08M | $80.55M | $81.62M | $104.71M | $81.46M | $129.41M | $129.42M | $95.19M | $126.32M | $122.14M | $116.07M | $80.29M | $113.75M | $114.65M | $117.89M | $121.13M | $121.87M | $117.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.55% | 1.63% | 1.62% | 1.04% | 1.63% | 1.02% | 1.02% | 1.11% | 1.82% | 1.32% | 1.21% | 1.35% | 1.43% | 1.05% | 0.99% | 2.21% | 1.20% | 0.93% |
4 analysts predict HIW's average Quarter EBITDA for Mar 24 to be $143.98M, with a high of $172.77M and a low of $115.18M. This is 14.18% upper than Highwoods Properties's previous annual EBITDA (Dec 23) of $126.10M.
Highwoods Properties Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $38.62M | $22.72M | $6.88M | $44.45M | $-430.00K | $13.72M | $27.57M | $17.71M | $103.93M | $72.73M | $59.93M | $55.08M | $82.73M | $40.93M | $37.65M | $186.09M | $60.47M | $28.52M |
| Avg Forecast | $19.28M | $20.19M | $22.10M | $16.82M | $13.09M | $15.69M | $16.62M | $11.92M | $17.01M | $23.20M | $29.27M | $43.65M | $28.70M | $23.07M | $31.01M | $39.68M | $149.13M | $33.57M | $38.87M | $36.07M | $36.04M | $36.39M | $35.33M | $40.92M | $55.82M | $37.36M | $31.80M | $546.79M | $35.24M | $33.21M |
| High Forecast | $19.70M | $20.62M | $22.57M | $17.18M | $13.37M | $16.03M | $16.97M | $12.20M | $17.21M | $23.69M | $29.29M | $52.38M | $29.01M | $24.17M | $31.67M | $47.61M | $178.96M | $33.57M | $38.87M | $43.29M | $36.04M | $36.39M | $35.33M | $49.11M | $55.82M | $37.36M | $31.80M | $656.15M | $35.24M | $33.21M |
| Low Forecast | $18.97M | $19.86M | $21.75M | $16.55M | $12.88M | $15.44M | $16.35M | $11.49M | $16.61M | $22.83M | $29.25M | $34.92M | $28.07M | $21.98M | $30.51M | $31.74M | $119.31M | $33.57M | $38.87M | $28.86M | $36.04M | $36.39M | $35.33M | $32.74M | $55.82M | $37.36M | $31.80M | $437.43M | $35.24M | $33.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 0.98% | 0.22% | 1.12% | -0.00% | 0.41% | 0.71% | 0.49% | 2.88% | 2.00% | 1.70% | 1.35% | 1.48% | 1.10% | 1.18% | 0.34% | 1.72% | 0.86% |
Highwoods Properties's average Quarter net income forecast for Mar 24 is $43.65M, with a range of $34.92M to $52.38M. HIW's average Quarter net income forecast represents a 13.02% increase compared to the company's last Quarter net income of $38.62M (Dec 23).
Highwoods Properties SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $12.19M | $8.87M | $9.38M | $12.41M | $9.53M | $9.59M | $9.59M | $13.56M | $10.14M | $10.35M | $10.11M | $9.95M | $10.86M | $9.15M | $10.08M | $10.93M | $10.41M | $11.72M |
| Avg Forecast | $12.00M | $11.91M | $11.78M | $11.72M | $11.45M | $10.67M | $10.53M | $10.47M | $11.05M | $11.10M | $11.10M | $14.47M | $11.25M | $11.20M | $11.42M | $13.16M | $11.16M | $11.11M | $11.11M | $11.96M | $10.84M | $10.49M | $9.96M | $7.39M | $9.77M | $9.84M | $10.12M | $32.11M | $10.46M | $10.06M |
| High Forecast | $12.20M | $12.11M | $11.98M | $11.91M | $11.64M | $10.85M | $10.70M | $10.65M | $11.21M | $11.24M | $11.10M | $17.37M | $11.31M | $11.23M | $11.61M | $15.79M | $13.39M | $11.11M | $11.11M | $14.35M | $10.84M | $10.49M | $9.96M | $8.87M | $9.77M | $9.84M | $10.12M | $38.54M | $10.46M | $10.06M |
| Low Forecast | $11.85M | $11.77M | $11.64M | $11.57M | $11.31M | $10.54M | $10.40M | $10.31M | $10.97M | $10.96M | $11.10M | $11.58M | $11.20M | $11.13M | $11.28M | $10.53M | $8.93M | $11.11M | $11.11M | $9.57M | $10.84M | $10.49M | $9.96M | $5.92M | $9.77M | $9.84M | $10.12M | $25.69M | $10.46M | $10.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.79% | 0.82% | 0.94% | 0.85% | 0.86% | 0.86% | 1.13% | 0.94% | 0.99% | 1.01% | 1.35% | 1.11% | 0.93% | 1.00% | 0.34% | 0.99% | 1.16% |
Highwoods Properties's average Quarter SG&A projection for Mar 24 is $14.47M, based on 4 Wall Street analysts, with a range of $11.58M to $17.37M. The forecast indicates a 18.74% rise compared to HIW last annual SG&A of $12.19M (Dec 23).
Highwoods Properties EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.21 | $0.07 | $0.42 | $-0.00 | $0.13 | $0.26 | $0.17 | $1.00 | $0.69 | $0.57 | $0.52 | $0.80 | $0.39 | $0.36 | $1.79 | $0.58 | $0.27 |
| Avg Forecast | $0.18 | $0.19 | $0.20 | $0.16 | $0.12 | $0.15 | $0.15 | $0.11 | $0.16 | $0.21 | $0.27 | $0.19 | $0.27 | $0.21 | $0.29 | $0.23 | $0.27 | $0.32 | $0.37 | $0.34 | $0.34 | $0.34 | $0.33 | $0.28 | $0.53 | $0.35 | $0.30 | $0.34 | $0.33 | $0.31 |
| High Forecast | $0.18 | $0.19 | $0.21 | $0.16 | $0.12 | $0.15 | $0.16 | $0.11 | $0.16 | $0.22 | $0.27 | $0.19 | $0.27 | $0.22 | $0.29 | $0.23 | $0.28 | $0.32 | $0.37 | $0.34 | $0.34 | $0.34 | $0.33 | $0.28 | $0.53 | $0.35 | $0.30 | $0.34 | $0.33 | $0.31 |
| Low Forecast | $0.18 | $0.18 | $0.20 | $0.15 | $0.12 | $0.14 | $0.15 | $0.11 | $0.15 | $0.21 | $0.27 | $0.19 | $0.26 | $0.20 | $0.28 | $0.23 | $0.27 | $0.32 | $0.37 | $0.34 | $0.34 | $0.34 | $0.33 | $0.28 | $0.53 | $0.35 | $0.30 | $0.34 | $0.33 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.23% | 1.83% | -0.02% | 0.41% | 0.71% | 0.50% | 2.94% | 2.01% | 1.71% | 1.84% | 1.51% | 1.11% | 1.20% | 5.19% | 1.75% | 0.86% |
According to 5 Wall Street analysts, Highwoods Properties's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.26 and a high estimate of $0.27. This represents a 26.34% increase compared to HIW previous annual EPS of $0.21 (Sep 23).
Highwoods Properties Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HPP | Hudson Pacific Properties | $3.13 | $6.75 | 115.65% | Hold |
| PDM | Piedmont Office Realty Trust | $9.43 | $12.00 | 27.25% | |
| HIW | Highwoods Properties | $31.25 | $32.50 | 4.00% | Hold |
| CUZ | Cousins Properties | $31.28 | $29.80 | -4.73% | Buy |
| BDN | Brandywine Realty Trust | $5.84 | $5.50 | -5.82% | Hold |
| KRC | Kilroy Realty | $42.03 | $39.50 | -6.02% | Buy |
| DEI | Douglas Emmett | $20.32 | $18.00 | -11.42% | Hold |