Highwoods Properties Inc. (HIW)
Highwoods Properties Statistics
Share Statistics
Highwoods Properties has 107.8M shares outstanding. The number of shares has increased by 1.54% in one year.
| Shares Outstanding | 107.8M |
| Shares Change (YoY) | 1.54% |
| Shares Change (QoQ) | 1.51% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 105.85M |
| Failed to Deliver (FTD) Shares | 31 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 5.26M, so 4.88% of the outstanding shares have been sold short.
| Short Interest | 5.26M |
| Short % of Shares Out | 4.88% |
| Short % of Float | 9.76% |
| Short Ratio (days to cover) | 5.37 |
Valuation Ratios
The PE ratio is 31.75 and the forward PE ratio is 36.71. Highwoods Properties's PEG ratio is -0.94.
| PE Ratio | 31.75 |
| Forward PE | 36.71 |
| PS Ratio | 3.91 |
| Forward PS | 3 |
| PB Ratio | 1.37 |
| P/FCF Ratio | 8.04 |
| PEG Ratio | -0.94 |
Enterprise Valuation
Highwoods Properties has an Enterprise Value (EV) of 6.52B.
| EV / Sales | 7.85 |
| EV / EBITDA | 13.74 |
| EV / EBIT | 16.15 |
| EV / FCF | 16.15 |
Financial Position
The company has a current ratio of 1.68, with a Debt / Equity ratio of 1.39.
| Current Ratio | 1.68 |
| Quick Ratio | 1.68 |
| Debt / Equity | 1.39 |
| Debt / EBITDA | 6.94 |
| Debt / FCF | 8.16 |
| Interest Coverage | 3.51 |
Financial Efficiency
Return on Equity is 4.33% and Return on Invested Capital is 74.4%.
| Return on Equity | 4.33% |
| Return on Assets | 1.7% |
| Return on Invested Capital | 74.4% |
| Revenue Per Employee | $2.37M |
| Profits Per Employee | $292.14K |
| Employee Count | 350 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 14.9% in the last 52 weeks. The beta is 1.18, so Highwoods Properties's price volatility has been higher than the market average.
| Beta | 1.18 |
| 52-Week Price Change | 14.9% |
| 50-Day Moving Average | 28.52 |
| 200-Day Moving Average | 30.61 |
| Relative Strength Index (RSI) | 47.73 |
| Average Volume (20 Days) | 1.07M |
Income Statement
In the last 12 months, Highwoods Properties had revenue of 830.02M and earned 102.25M in profits. Earnings per share was 0.94.
| Revenue | 830.02M |
| Gross Profit | 557.85M |
| Operating Income | 515.94M |
| Net Income | 102.25M |
| EBITDA | 474.48M |
| EBIT | 216.9M |
| Earnings Per Share (EPS) | 0.94 |
Balance Sheet
The company has 22.41M in cash and 3.29B in debt, giving a net cash position of -3.27B.
| Cash & Cash Equivalents | 22.41M |
| Total Debt | 3.29B |
| Net Cash | -3.27B |
| Retained Earnings | 0 |
| Total Assets | 6.03B |
| Working Capital | 207.76M |
Cash Flow
In the last 12 months, operating cash flow was 403.58M and capital expenditures 0, giving a free cash flow of 403.58M.
| Operating Cash Flow | 403.58M |
| Capital Expenditures | 0 |
| Free Cash Flow | 403.58M |
| FCF Per Share | 3.8 |
Margins
Gross margin is 67.21%, with operating and profit margins of 62.16% and 12.32%.
| Gross Margin | 67.21% |
| Operating Margin | 62.16% |
| Pretax Margin | 12.56% |
| Profit Margin | 12.32% |
| EBITDA Margin | 57.16% |
| EBIT Margin | 62.16% |
| FCF Margin | 48.62% |
Dividends & Yields
HIW pays an annual dividend of $2.5, which amounts to a dividend yield of 6.93%.
| Dividend Per Share | $2.50 |
| Dividend Yield | 6.93% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 265.96% |
| Earnings Yield | 3.15% |
| FCF Yield | 12.43% |
Analyst Forecast
The average price target for HIW is $32, which is 16.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $32 |
| Price Target Difference | 16.2% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
Scores
| Altman Z-Score | 0.54 |
| Piotroski F-Score | 6 |