Live Analysis: Highwoods Properties, Inc. (HIW) is currently priced at $24.38, marking a 1.25% increase from the previous close. Trading volume stands at $225,269, showing a 15.94% rise compared to the average.
Earnings Overview: HIW's latest quarterly earnings report released on Monday, April 27th, exceeded expectations with a consensus estimate EPS of 0.1075.
Dividends: The company offers an attractive forward dividend yield of 8.2% with a dividend per share MRQ of 50 cents.
Cash Flow: HIW exhibits a healthy financial position with notable figures such as free cash flow of $41.58 million and operating cash flow of $101.5 million.
Income Statement: HIW reports a revenue of $203.36 million, generating a gross profit of $136.59 million. The company achieved a net income of $29.23 million with an EPS of 26 cents.
Ratios: Key financial metrics indicate a strong performance with a net profit margin of 14.38% and a return on equity of 1.23.
Balance Sheet: Total assets amount to $6.27 billion, with cash and cash equivalents standing at $27.36 million. The company holds total debt of $3.64 billion.
This comprehensive analysis showcases HIW's resilience in the market, supported by robust financial indicators and positive earnings outcomes.
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (REIT) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.