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Upturn AI SWOT - About
HIW 
Highwoods Properties Inc (HIW)
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Upturn Advisory Summary
04/01/2025: HIW (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 0.61% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.28B USD | Price to earnings Ratio 31.76 | 1Y Target Price 31 |
Price to earnings Ratio 31.76 | 1Y Target Price 31 | ||
Volume (30-day avg) 1172846 | Beta 1.26 | 52 Weeks Range 21.98 - 35.58 | Updated Date 04/2/2025 |
52 Weeks Range 21.98 - 35.58 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 6.78% | Basic EPS (TTM) 0.94 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.32% | Operating Margin (TTM) 25.46% |
Management Effectiveness
Return on Assets (TTM) 2.25% | Return on Equity (TTM) 4.24% |
Valuation
Trailing PE 31.76 | Forward PE 65.79 | Enterprise Value 6479960650 | Price to Sales(TTM) 3.95 |
Enterprise Value 6479960650 | Price to Sales(TTM) 3.95 | ||
Enterprise Value to Revenue 7.85 | Enterprise Value to EBITDA 11.77 | Shares Outstanding 107797000 | Shares Floating 105615517 |
Shares Outstanding 107797000 | Shares Floating 105615517 | ||
Percent Insiders 1.89 | Percent Institutions 103.82 |
Analyst Ratings
Rating 3.2 | Target Price 31.67 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 7 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Highwoods Properties Inc
Company Overview
History and Background
Highwoods Properties Inc. was founded in 1978. Initially focused on developing office properties in Raleigh, North Carolina, it has expanded its portfolio across the Southeast and Mid-Atlantic regions of the United States. Over time, Highwoods has evolved into a publicly traded REIT specializing in high-growth markets.
Core Business Areas
- Office Properties: Highwoods owns, develops, and manages office properties, primarily in the BBDs (Best Business Districts) of its target markets. This includes multi-tenant and single-tenant office buildings.
- Development and Acquisition: The company actively pursues development and acquisition opportunities to expand and upgrade its portfolio with modern and high-quality assets.
Leadership and Structure
Highwoods Properties Inc. is led by a Chief Executive Officer and a senior management team. The company operates as a Real Estate Investment Trust (REIT) with a Board of Directors overseeing strategic direction.
Top Products and Market Share
Key Offerings
- Office Space Leasing: Highwoods leases office space in its portfolio of buildings. Market share information is highly fragmented in the CRE sector. Competitors include other REITs, private equity firms, and individual property owners. Market rent in the BBDs is a key revenue driver.
- Property Management Services: Highwoods provides property management services for its own portfolio. Revenue generated is tied directly to leasing activity and tenant retention. Competition comes from other property management firms and in-house management by large tenants.
Market Dynamics
Industry Overview
The office REIT industry is influenced by macroeconomic factors, including employment growth, interest rates, and business investment. The pandemic accelerated trends toward hybrid work models impacting demand.
Positioning
Highwoods focuses on high-growth markets, aiming to outperform by developing and acquiring premium office properties in areas with strong economic fundamentals. Its strategic focus is on the Southeast and Mid-Atlantic.
Total Addressable Market (TAM)
The TAM is large but regionally fragmented, and difficult to define precisely. Highwoods is positioned to capture market share through high-quality assets and strategic market selection.
Upturn SWOT Analysis
Strengths
- Focus on high-growth markets
- High-quality office portfolio
- Strong balance sheet
- Experienced management team
- Strong tenant relationships
Weaknesses
- Geographic concentration in Southeast and Mid-Atlantic
- Exposure to economic cycles
- Dependence on office space demand
- Potential impact of hybrid work models
- Relatively small size compared to larger REITs
Opportunities
- Expansion into new high-growth markets
- Development of new office properties
- Acquisition of existing properties
- Increased demand for Class A office space
- Tenant diversification
Threats
- Economic downturns
- Increased interest rates
- Competition from other REITs
- Changing tenant preferences
- Overbuilding in certain markets
Competitors and Market Share
Key Competitors
- BXP
- SLG
- ARE
- VNO
Competitive Landscape
Highwoods competes with larger REITs with broader geographic footprints and more diverse portfolios. Its advantages include a focus on high-growth markets and a high-quality office portfolio, but it is smaller in scale.
Major Acquisitions
BBC's 550 South Tryon Office Tower
- Year: 2023
- Acquisition Price (USD millions): 460
- Strategic Rationale: Highwoods acquired 550 South Tryon for $460 million, a premier 642,000-square-foot office tower in Charlotte, North Carolina, expanding into high-growth markets.
Growth Trajectory and Initiatives
Historical Growth: Highwoods' growth has been driven by strategic acquisitions and developments in high-growth markets. Its growth rate is subject to economic conditions and office demand.
Future Projections: Analyst estimates project continued growth in revenue and FFO (Funds From Operations), driven by strong leasing activity and development completions. These estimates are subject to market risk.
Recent Initiatives: Recent initiatives include the development of new office projects, strategic acquisitions, and capital recycling to upgrade the portfolio.
Summary
Highwoods Properties is a relatively small but strategically focused REIT operating in the Southeast and Mid-Atlantic. Its strengths lie in its high-quality office portfolio and focus on high-growth markets, but its geographic concentration and exposure to economic cycles pose risks. The company's future growth depends on its ability to execute strategic acquisitions and developments. It must also adapt to changing tenant preferences and competition from larger REITs.
Similar Companies
ARE
Alexandria Real Estate Equities Inc
ARE
Alexandria Real Estate Equities Inc
BXP
Boston Properties Inc
BXP
Boston Properties Inc
CUZ
Cousins Properties Incorporated
CUZ
Cousins Properties Incorporated
SLG
SL Green Realty Corp
SLG
SL Green Realty Corp
VNO
Vornado Realty Trust
VNO
Vornado Realty Trust
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share estimates are approximations. Financial data is unavailable in real time for inclusion in this exact structured output but could be input if given.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Highwoods Properties Inc
Exchange NYSE | Headquaters Raleigh, NC, United States | ||
IPO Launch date 1994-06-07 | President, CEO & Director Mr. Theodore J. Klinck | ||
Sector Real Estate | Industry REIT - Office | Full time employees 350 | Website https://www.highwoods.com |
Full time employees 350 | Website https://www.highwoods.com | ||
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our customers, their teammates and, in turn, our stakeholders.
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