XNYS
HIW
Market cap3.14bUSD
May 21, Last price
29.14USD
1D
-2.83%
1Q
-1.05%
Jan 2017
-42.87%
Name
Highwoods Properties Inc
Chart & Performance
Profile
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (REIT) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 830,020 -0.48% | 833,997 0.61% | 828,929 7.93% | |||||||
Cost of revenue | 314,076 | 311,639 | 302,072 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 515,944 | 522,358 | 526,857 | |||||||
NOPBT Margin | 62.16% | 62.63% | 63.56% | |||||||
Operating Taxes | 105,385 | |||||||||
Tax Rate | 20.00% | |||||||||
NOPAT | 515,944 | 522,358 | 421,472 | |||||||
Net income | 102,248 -31.25% | 148,715 153.90% | 58,573 -73.64% | |||||||
Dividends | (214,836) | (213,508) | (212,669) | |||||||
Dividend yield | 6.49% | 8.63% | 7.23% | |||||||
Proceeds from repurchase of equity | 52,675 | 253 | 1,651 | |||||||
BB yield | -1.59% | -0.01% | -0.06% | |||||||
Debt | ||||||||||
Debt current | 7,069 | |||||||||
Long-term debt | 3,293,559 | 3,247,114 | 3,222,660 | |||||||
Deferred revenue | 3,498,399 | |||||||||
Other long-term liabilities | 94,868 | (3,523,844) | ||||||||
Net debt | 2,785,421 | 2,878,750 | 2,939,151 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 403,584 | 386,962 | 421,779 | |||||||
CAPEX | (264) | |||||||||
Cash from investing activities | (302,435) | (169,686) | (614,799) | |||||||
Cash from financing activities | (99,041) | (205,426) | 187,927 | |||||||
FCF | 565,234 | 5,325,416 | 495,645 | |||||||
Balance | ||||||||||
Cash | 22,412 | 25,123 | 21,357 | |||||||
Long term investments | 485,726 | 343,241 | 269,221 | |||||||
Excess cash | 466,637 | 326,664 | 249,132 | |||||||
Stockholders' equity | 97,723 | (615,904) | (516,353) | |||||||
Invested Capital | 5,627,081 | 6,425,002 | 6,260,169 | |||||||
ROIC | 8.56% | 8.24% | 6.89% | |||||||
ROCE | 9.01% | 8.99% | 9.13% | |||||||
EV | ||||||||||
Common stock shares outstanding | 108,319 | 107,785 | 105,120 | |||||||
Price | 30.58 33.19% | 22.96 -17.94% | 27.98 -37.25% | |||||||
Market cap | 3,312,395 33.85% | 2,474,744 -15.86% | 2,941,258 -38.39% | |||||||
EV | 6,196,709 | 5,436,550 | 5,997,442 | |||||||
EBITDA | 814,990 | 821,769 | 814,425 | |||||||
EV/EBITDA | 7.60 | 6.62 | 7.36 | |||||||
Interest | 147,198 | 136,710 | 105,385 | |||||||
Interest/NOPBT | 28.53% | 26.17% | 20.00% |