Highwoods Properties (HIW)
Owns, develops, acquires, leases, and manages offices across eight U.S. markets.
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Owns, develops, acquires, leases, and manages office properties across eight U.S. markets. Its fully integrated REIT model centers on best business districts and operates through Highwoods Realty Limited Partnership.
Property activity spans ownership, development, acquisition, leasing, and management of office buildings in best business districts. The platform serves Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa, giving it a concentrated U.S. footprint rather than an international property base.
Its portfolio includes in-service properties, projects under development, and land intended for future office build-out. Operations are fully integrated, connecting ownership, development, leasing, and property management in one platform. The business is organized as a REIT and carries out its property activities through Highwoods Realty Limited Partnership, its operating partnership.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 8, 2026 | Mizuho Securities | Target | Target: $30 | Target: $32 |
| Aug 5, 2026 | Deutsche Bank | Downgrade | Target: $28 | Target: $33 |
| Jul 22, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $22 | Target: $35 |
| Jul 21, 2026 | Mizuho Securities | Target | Target: $25 | Target: $30 |
| Jun 26, 2026 | Truist Financial | Target | Target: $33 | Target: $30 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $145.4M · Total debt $3.52B · Total assets $6.47B · Shareholders' equity $2.39B
- Revenue
- $216.4M
- Operating income
- $57.3M
- Net income
- $94.0M
HistoryDividendAnnual yield
| Institutions | 119.19% | 131.47M shares | |
|---|---|---|---|
| 375 holders · as of Jun 30, 2026 | |||
| Insiders | 1.31% | 1.44M shares | |
| 10 holders · as of Jun 18, 2026 | |||
| Adds to | 120.50% | ||
110.31M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 120.50%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 19.05% | 21.01M | as of Jun 30, 2026 |
Cohen & Steers, Inc.Institution | 15.26% | 16.83M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 10.91% | 12.04M | as of Jun 30, 2026 |
State Street CorpInstitution | 6.88% | 7.59M | as of Jun 30, 2026 |
Massachusetts Financial Services Co /MA/Institution | 5.31% | 5.86M | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Cousins Properties
Class A Sun Belt office owner in five shared markets
- Piedmont Realty Trust
Class A office landlord in Atlanta, Dallas, and Orlando
- Franklin Street Properties
Dallas-area office landlord
- AH Realty Trust
Office owner in Atlanta and Charlotte
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Highwoods Properties | $29.82 | −3.04% | $3.39B | 20.2 | 35.4 | 4.1 | +7.9% |
| Cousins Properties | $28.27 | −2.18% | $4.76B | 706.6 | 73.6 | 4.6 | +11.8% |
| Piedmont Realty Trust | $9.18 | −2.08% | $1.17B | — | — | 2.1 | +29.7% |
| Franklin Street Properties | $0.3331 | +0.03% | $34.6M | — | — | 0.3 | −1.4% |
| AH Realty Trust | $6.01 | −2.91% | $593.7M | — | — | 3.4 | −19.3% |
| Median | 706.6 | 73.6 | 2.7 | +5.2% |