Highwoods Properties HIW
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Highwoods Properties (HIW) Business Model and Operations Summary
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Key Insights
Highwoods Properties (HIW) Core Market Data and Business Metrics
Latest Closing Price
$29.85Market Cap
$3.16 BillionPrice-Earnings Ratio
31.76Total Outstanding Shares
106.01 Million SharesTotal Employees
349Dividend
$0.50 Per Share QuarterlyIPO Date
June 14, 1994SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
150 Fayetteville Street, Raleigh, NC, 27601
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 1,401,536 Shares | 2.85 | 3/14/2025 | 3,998,451 Shares |
| 1,146,573 Shares | 3.4 | 2/28/2025 | 3,892,817 Shares |
| 1,109,782 Shares | 4 | 2/14/2025 | 4,436,906 Shares |
| 805,222 Shares | 5.49 | 1/31/2025 | 4,423,731 Shares |
| 799,134 Shares | 6.23 | 1/15/2025 | 4,976,080 Shares |
| 1,092,389 Shares | 4.78 | 12/31/2024 | 5,220,530 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-302.44 Million |
| Net Cash Flow From Investing Activities, Continuing | $-302.44 Million |
| Net Cash Flow From Operating Activities, Continuing | $403.58 Million |
| Net Cash Flow | $2.11 Million |
| Net Cash Flow, Continuing | $2.11 Million |
| Net Cash Flow From Financing Activities | $-99.04 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $4.49 Million |
| Other Operating Expenses | $338.68 Million |
| Operating Income/Loss | $553.69 Million |
| Diluted Average Shares | $108.32 Million |
| Income/Loss From Continuing Operations After Tax | $104.25 Million |
| Basic Average Shares | $106.17 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $104.00 Million |
| Other Comprehensive Income/Loss | $-249,000 |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $2.01 Million |
| Comprehensive Income/Loss Attributable To Parent | $102.00 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $3.60 Billion |
| Equity Attributable To Parent | $2.36 Billion |
| Noncurrent Liabilities | $0 |
| Temporary Equity | $65.79 Million |
| Noncurrent Assets | $0 |
| Current Liabilities | $3.60 Billion |
Historical Dividends
Current dividend: $0.50 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 29, 2025 | Mar 11, 2025 | Feb 18, 2025 | $0.5 | Quarterly |
| Oct 21, 2024 | Dec 10, 2024 | Nov 18, 2024 | $0.5 | Quarterly |
| Jul 17, 2024 | Sep 10, 2024 | Aug 19, 2024 | $0.5 | Quarterly |
| Apr 17, 2024 | Jun 11, 2024 | May 20, 2024 | $0.5 | Quarterly |
| Jan 31, 2024 | Mar 12, 2024 | Feb 20, 2024 | $0.5 | Quarterly |
| Oct 18, 2023 | Dec 12, 2023 | Nov 20, 2023 | $0.5 | Quarterly |