Highwoods Properties is in the REITs industry and real estate sector. The company CEO is Edward J. Fritsch. Highwoods Properties Inc is a real estate investment trust. The firm provides leasing, management, development, construction and other customer-related services for its properties and for third parties.
Previous Intraday Trading Performance:
The HIW stock showed a previous change of 0.09% with an open at 43.54 and a close of 43.53. It reached an intraday high of 43.76 and a low of 42.98.
The stock has a market cap of $4.5b with 103.7m shares outstanding, of which the float is 101.8m shares. Trading volume reached 367,116 shares compared to its average volume of 588,243 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Highwoods Properties shares returned 0.30% and in the past 30 trading days it returned -1.98%. Over three months, it changed -3.55%. In one year it has changed -7.43% and within that year its 52-week high was 52.00 and its 52-week low was 37.09. HIW stock is 17.36% above its 52 Week Low.
Our calculations show a 200 day moving average of 44.07 and a 50 day moving average of 44.58. Currently HIW stock is trading -1.22% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.
The last annual fiscal EPS for the company was reported at 1.64 that ended on 31st of December 2018, which according to the previous close, that is a PE of 26.54. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.84. The TTM EPS is 3.44, which comes to a TTM PE of 12.65. Historically, the PE high was 56.20 and the PE low was 9.10. If the stock reached its PE low, that would represent a price of 31.31, which is a decrease of -28.06%.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr of 2019||(Reported on 04/23/2019):||0.07|
|4th||Qtr of 2018||(Reported on 02/05/2019):||0.52|
|3rd||Qtr of 2018||(Reported on 10/23/2018):||0.32|
|2nd||Qtr of 2018||(Reported on 07/24/2018):||0.49|
|1st||Qtr of 2018||(Reported on 04/24/2018):||0.31|
The dividend per share is currently 1.90, which is a dividend yield of 4.36%. Also, the payout ratio is 55.23%, therefore the dividend is safe according to our calculations. HIW stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.
Base on our calculations, the intrinsic value per share is 46.31, which means it is possibly undervalued and has a margin of safety of 6.01%.
Indicators to Watch:
Short-interest was 946,735, which was 0.91% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.58. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 0.90.
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Based on last reported financials, the company’s return on equity is 6.92%, return on assets is 3.20%, profit margin is 21.02%, price-to-sales is 6.28 and price-to-book is 2.09.
All scores are out of six:
1 :Valuation Score
3 :Past Performance Score
2 :Financial Strength Score
1 :Future Growth Score
5 :Dividend Score
2 :Overall Score