Highwoods Properties (HIW) Stock Forecast, Price Target & Predictions
HIW Stock Forecast
Highwoods Properties stock forecast is as follows: an average price target of $33.25 (represents a 1.25% upside from HIW’s last price of $32.84) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
HIW Price Target
The average price target for Highwoods Properties (HIW) is $33.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $22.00. This represents a potential 1.25% upside from HIW's last price of $32.84.
HIW Analyst Ratings
According to 5 Wall Street analysts, Highwoods Properties's rating consensus is 'Hold'. The analyst rating breakdown for HIW stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), 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% | -2.56% |
| Jul 29, 2024 | Michael Lewis | Truist Financial | $33.00 | $30.52 | 8.13% | 0.49% |
| Oct 03, 2023 | Ronald Josey | Morgan Stanley | $22.00 | $20.03 | 9.84% | -33.01% |
| Apr 22, 2022 | - | Mizuho Securities | $46.00 | $44.87 | 2.52% | 40.07% |
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 -2.56% decrease from HIW last price ($32.84).
Highwoods Properties Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $32.00 | $32.50 | $29.00 |
| Last Closing Price | $32.84 | $32.84 | $32.84 |
| Upside/Downside | -2.56% | -1.04% | -11.69% |
In the current month, the average price target of Highwoods Properties stock is $32.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -2.56% decrease as opposed to Highwoods Properties's last price of $32.84. This month's average price target is down -1.54% compared to last quarter, and up 10.34% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Wells Fargo on Sep 11, 2024. The company gave HIW a "Equal-Weight" 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 | Jul 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 | - | $206.38M | $203.21M | $195.50M | $185.50M | $183.81M | $179.90M | $181.04M | $183.15M | $192.80M | $192.07M | $187.47M |
| Avg Forecast | $216.19M | $213.38M | $211.68M | $210.74M | $209.11M | $206.70M | $184.80M | $184.40M | $197.03M | $198.90M | $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 | $223.78M | $220.87M | $219.11M | $218.14M | $216.45M | $213.95M | $191.29M | $190.87M | $203.94M | $204.30M | $212.26M | $213.95M | $208.91M | $207.46M | $218.32M | $221.58M | $217.89M | $212.37M | $205.18M | $205.84M | $202.03M | $195.35M | $185.64M | $183.11M | $181.94M | $183.36M | $188.55M | $193.74M | $194.91M | $187.46M |
| Low Forecast | $193.35M | $190.84M | $189.32M | $188.48M | $187.02M | $184.87M | $165.28M | $164.92M | $176.21M | $195.60M | $183.40M | $184.86M | $206.94M | $205.57M | $188.64M | $191.46M | $188.26M | $183.50M | $205.18M | $202.20M | $198.46M | $191.90M | $182.35M | $179.87M | $178.72M | $180.12M | $185.22M | $190.31M | $191.46M | $184.15M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.98% | 0.99% | 1.01% | 1.01% | - | 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 $184.86M, and a high forecast of $213.95M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $126.10M | $132.40M | $133.79M | $136.75M | $134.16M | $131.67M | - | $132.06M | $230.37M | $160.93M | $140.14M | $135.07M | $162.69M | $120.53M | $116.32M | $267.87M | $146.79M | $109.23M |
| Avg Forecast | $136.36M | $134.58M | $133.52M | $132.92M | $131.89M | $130.37M | $116.56M | $116.31M | $124.27M | $125.45M | $129.34M | $143.98M | $131.06M | $130.46M | $133.03M | $130.89M | $132.77M | $171.31M | $129.42M | $118.99M | $126.32M | $155.74M | $135.47M | $100.36M | $100.01M | $102.80M | $93.06M | $121.13M | $130.48M | $120.15M |
| High Forecast | $141.14M | $139.31M | $138.20M | $137.59M | $136.52M | $134.95M | $120.65M | $120.39M | $128.63M | $128.86M | $133.88M | $172.77M | $131.77M | $130.85M | $137.70M | $157.07M | $137.43M | $205.57M | $129.42M | $142.79M | $127.43M | $186.88M | $162.56M | $120.43M | $120.01M | $123.36M | $111.67M | $122.20M | $156.57M | $144.18M |
| Low Forecast | $121.95M | $120.37M | $119.41M | $118.88M | $117.96M | $116.60M | $104.25M | $104.02M | $111.14M | $123.37M | $115.68M | $115.18M | $130.52M | $129.66M | $118.98M | $104.71M | $118.74M | $137.05M | $129.42M | $95.19M | $125.18M | $124.59M | $108.38M | $80.29M | $80.01M | $82.24M | $74.45M | $120.03M | $104.38M | $96.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.01% | 1.01% | 1.04% | 1.01% | 0.77% | - | 1.11% | 1.82% | 1.03% | 1.03% | 1.35% | 1.63% | 1.17% | 1.25% | 2.21% | 1.13% | 0.91% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $38.62M | $22.72M | $6.88M | $44.45M | $-430.00K | $13.72M | - | $17.71M | $103.93M | $72.73M | $59.93M | $55.08M | $82.73M | $40.93M | $37.65M | $186.09M | $60.47M | $28.52M |
| Avg Forecast | $15.90M | $14.84M | $15.90M | $12.72M | $13.25M | $14.31M | $13.78M | $11.66M | $16.96M | $18.02M | $28.69M | $43.65M | $28.12M | $22.61M | $30.39M | $39.68M | $28.97M | $77.42M | $38.80M | $36.07M | $135.58M | $70.38M | $57.93M | $40.92M | $50.86M | $34.91M | $30.12M | $546.79M | $53.75M | $31.38M |
| High Forecast | $16.62M | $15.52M | $16.62M | $13.30M | $13.85M | $14.96M | $14.41M | $12.19M | $17.73M | $18.42M | $29.99M | $52.38M | $28.43M | $23.69M | $31.77M | $47.61M | $30.29M | $92.90M | $38.80M | $43.29M | $162.69M | $84.46M | $69.51M | $49.11M | $61.03M | $41.89M | $36.14M | $656.15M | $64.51M | $37.65M |
| Low Forecast | $13.72M | $12.80M | $13.72M | $10.97M | $11.43M | $12.34M | $11.89M | $10.06M | $14.63M | $17.41M | $24.75M | $34.92M | $27.50M | $21.54M | $26.21M | $31.74M | $24.99M | $61.93M | $38.80M | $28.86M | $108.46M | $56.30M | $46.34M | $32.74M | $40.69M | $27.93M | $24.10M | $437.43M | $43.00M | $25.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | 1.00% | 0.23% | 1.12% | -0.01% | 0.18% | - | 0.49% | 0.77% | 1.03% | 1.03% | 1.35% | 1.63% | 1.17% | 1.25% | 0.34% | 1.13% | 0.91% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $12.19M | $8.87M | $9.38M | $12.41M | $9.53M | $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 | $11.71M | $11.55M | $11.46M | $11.41M | $11.32M | $11.19M | $10.01M | $9.98M | $10.67M | $10.77M | $11.10M | $14.47M | $11.25M | $11.20M | $11.42M | $13.16M | $11.40M | $11.02M | $11.11M | $11.96M | $10.14M | $10.02M | $9.77M | $7.39M | $6.68M | $7.81M | $8.07M | $32.11M | $9.25M | $12.89M |
| High Forecast | $12.12M | $11.96M | $11.86M | $11.81M | $11.72M | $11.58M | $10.36M | $10.33M | $11.04M | $11.06M | $11.49M | $17.37M | $11.31M | $11.23M | $11.82M | $15.79M | $11.80M | $13.22M | $11.11M | $14.35M | $12.17M | $12.02M | $11.72M | $8.87M | $8.01M | $9.37M | $9.68M | $38.54M | $11.10M | $15.47M |
| Low Forecast | $10.47M | $10.33M | $10.25M | $10.21M | $10.13M | $10.01M | $8.95M | $8.93M | $9.54M | $10.59M | $9.93M | $11.58M | $11.20M | $11.13M | $10.21M | $10.53M | $10.19M | $8.81M | $11.11M | $9.57M | $8.12M | $8.01M | $7.82M | $5.92M | $5.34M | $6.25M | $6.45M | $25.69M | $7.40M | $10.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.79% | 0.82% | 0.94% | 0.84% | 0.87% | - | 1.13% | 1.00% | 1.03% | 1.03% | 1.35% | 1.63% | 1.17% | 1.25% | 0.34% | 1.13% | 0.91% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.21 | $0.07 | $0.42 | $-0.00 | $0.13 | - | $0.17 | $1.00 | $0.69 | $0.57 | $0.52 | $0.80 | $0.39 | $0.36 | $1.79 | $0.58 | $0.27 |
| Avg Forecast | $0.15 | $0.14 | $0.15 | $0.12 | $0.13 | $0.14 | $0.13 | $0.11 | $0.16 | $0.17 | $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 | $0.16 | $0.15 | $0.16 | $0.13 | $0.13 | $0.14 | $0.14 | $0.12 | $0.17 | $0.17 | $0.28 | $0.19 | $0.27 | $0.22 | $0.30 | $0.24 | $0.29 | $0.33 | $0.37 | $0.34 | $0.34 | $0.35 | $0.34 | $0.29 | $0.53 | $0.36 | $0.30 | $0.35 | $0.34 | $0.32 |
| Low Forecast | $0.13 | $0.12 | $0.13 | $0.10 | $0.11 | $0.12 | $0.11 | $0.09 | $0.14 | $0.16 | $0.23 | $0.16 | $0.26 | $0.20 | $0.25 | $0.20 | $0.24 | $0.27 | $0.37 | $0.34 | $0.34 | $0.34 | $0.33 | $0.28 | $0.52 | $0.35 | $0.30 | $0.34 | $0.33 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.23% | 1.83% | -0.02% | 0.41% | - | 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 | $4.96 | $13.76 | 177.42% | Hold |
| KRC | Kilroy Realty | $36.59 | $60.80 | 66.17% | Buy |
| PDM | Piedmont Office Realty Trust | $9.92 | $15.50 | 56.25% | - |
| BDN | Brandywine Realty Trust | $5.36 | $7.88 | 47.01% | Hold |
| DEI | Douglas Emmett | $16.80 | $22.67 | 34.94% | Hold |
| CUZ | Cousins Properties | $29.43 | $31.50 | 7.03% | Buy |
| HIW | Highwoods Properties | $32.84 | $33.25 | 1.25% | Hold |
HIW Forecast FAQ
Is Highwoods Properties a good buy?
No, according to 5 Wall Street analysts, Highwoods Properties (HIW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of HIW's total ratings.
What is HIW's price target?
Highwoods Properties (HIW) average price target is $33.25 with a range of $22 to $46, implying a 1.25% from its last price of $32.84. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Highwoods Properties stock go up soon?
According to Wall Street analysts' prediction for HIW stock, the company can go up by 1.25% (from the last price of $32.84 to the average price target of $33.25), up by 40.07% based on the highest stock price target, and down by -33.01% based on the lowest stock price target.
Can Highwoods Properties stock reach $50?
HIW's average twelve months analyst stock price target of $33.25 does not support the claim that Highwoods Properties can reach $50 in the near future.
What is Highwoods Properties's current price target trend?
1 Wall Street analyst forecast a $32 price target for Highwoods Properties (HIW) this month, down -2.56% from its last price of $32.84. Compared to the last 3 and 12 months, the average price target decreased by -1.04% and decreased by -11.69%, respectively.
What are Highwoods Properties's analysts' financial forecasts?
Highwoods Properties's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $785.01M (high $812.55M, low $702.08M), average EBITDA is $495.13M (high $512.5M, low $442.83M), average net income is $53M (high $55.42M, low $45.72M), average SG&A $42.51M (high $44M, low $38.02M), and average EPS is $0.5 (high $0.523, low $0.431). HIW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $852M (high $881.9M, low $762M), average EBITDA is $537.38M (high $556.24M, low $480.62M), average net income is $59.36M (high $62.06M, low $51.21M), average SG&A $46.13M (high $47.75M, low $41.26M), and average EPS is $0.56 (high $0.586, low $0.483).
Did the HIW's actual financial results beat the analysts' financial forecasts?
Based on Highwoods Properties's last annual report (Dec 2023), the company's revenue was $834M, which missed the average analysts forecast of $839.62M by -0.67%. Apple's EBITDA was $529.04M, beating the average prediction of $525.44M by 0.68%. The company's net income was $148.72M, beating the average estimation of $120.8M by 23.11%. Apple's SG&A was $42.86M, missing the average forecast of $47.03M by -8.87%. Lastly, the company's EPS was $0.0052, missing the average prediction of $0.995 by -99.48%. In terms of the last quarterly report (Dec 2023), Highwoods Properties's revenue was $206.86M, missing the average analysts' forecast of $207.79M by -0.45%. The company's EBITDA was $126.1M, missing the average prediction of $131.06M by -3.78%. Highwoods Properties's net income was $38.62M, beating the average estimation of $28.12M by 37.32%. The company's SG&A was $12.19M, beating the average forecast of $11.25M by 8.34%. Lastly, the company's EPS was $0, missing the average prediction of $0.265 by -100.00%