HIW / Highwoods Properties: Up Since Trough, But Still A 'Buy'

Highwoods Properties is a unique office REIT with properties primarily in the Sunbelt region. The company's occupancy and rent spreads have been under more_horizontal

Office REITs have experienced more pressure than other property landlords, potentially due to uncertainty regarding the normalizing of office occupanc more_horizontal

Highwoods (HIW) reports Q3 revenues aided by robust leasing activity and rent growth. However, operating expenses have marginally flared up. more_horizontal

While the top- and bottom-line numbers for Highwoods Properties (HIW) give a sense of how the business performed in the quarter ended September 2023, more_horizontal

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.93 per share, in line with the Zacks Consensus Estimate. This com more_horizontal

Highwoods Properties has seen a decline in its stock price, causing its yield to reach almost 10.2%. Despite the decline, the underlying qualities of more_horizontal

RALEIGH, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its third quarter 2023 results on Tuesday, October more_horizontal

A Sun Belt market focused portfolio, disciplined capital-recycling program and robust balance sheet position bode well for Highwoods (HIW). However, c more_horizontal