Highwoods Properties

Highwoods Properties, Inc. operates as a real estate investment trust, which engages in the operation, acquisition and development of office properties. It operates through the office, and other segments. Its markets includes Atlanta, Charlotte, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1978 and is headquartered in Raleigh, NC.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Highwoods Properties reports strong Q4 earnings amidst market challenges

Highwoods Properties had a strong Q4 performance with solid leasing and successful developments, despite challenges like higher interest expenses and sublet market impacts.
The company's focus on strengthening cash flows, strategic asset sales, and development projects positions it well for growth opportunities in 2023.
Balancing challenges with strengths, Highwoods aims to navigate market conditions and capitalize on increasing business confidence for future success.
Overall, Highwoods Properties remains resilient with a strong balance sheet, diverse portfolio, and strategic initiatives driving performance and growth.

Highwoods Properties (HIW) reports robust Q1 results amidst market challenges

Highwoods Properties (HIW) delivered strong Q1 2023 results with positive outlook revisions, emphasizing stable leasing activity and development progress. While facing challenges in net effective rents and competitive markets, the company remains focused on quality and liquidity strength. Opportunities in growing markets and strategic asset management guide Highwoods Properties' path forward.

Highwoods Properties reports robust Q2 performance amidst market challenges

Highwoods Properties demonstrated resilience and strength in Q2 2023, maintaining a positive outlook despite challenges in the office sector and economic headwinds.
The company's focus on high-quality properties, diverse leasing activity, and strategic portfolio management have positioned it well for continued strong performance.
Opportunities in attracting talent, adapting to changing tenant needs, and leveraging market trends present avenues for growth and value creation.
Management's patient and disciplined approach to acquisitions, along with a strong balance sheet and liquidity position, underpin the company's stability and long-term prospects.

Highwoods Properties reports solid Q3 results, eyes growth opportunities

Highwoods Properties delivered a solid performance in Q3 with strong leasing activity and portfolio management.
While facing challenges in certain markets, the company remains optimistic about future growth opportunities.
Maintaining liquidity, focusing on portfolio health, and exploring growth avenues are key strategies for Highwoods Properties.

Highwoods Properties reports solid Q4 performance and eyes market opportunities

Highwoods Properties delivered a strong financial performance in Q4 2023, with a focus on portfolio quality and balance sheet strength.
Robust leasing activity and strategic priorities position the company well for stability and growth in 2024.
Challenges such as anticipated occupancy dips and known move-outs are being addressed proactively, while opportunities in asset sales and market transactions offer avenues for expansion.

Highwoods Properties reports solid Q1 performance and optimistic growth outlook

Highwoods Properties' Q1 2024 performance reflects a resilient real estate strategy with a focus on leasing momentum and portfolio expansion. While facing challenges in acquisitions and longer leasing cycles, the company is optimistic about growth opportunities through its development pipeline and strategic leasing initiatives. With a strong outlook for FFO and occupancy rates, Highwoods is well-positioned for future success.

Highwoods Properties surpasses Q3 expectations, eyes growth opportunities in BBD

Highwoods Properties demonstrated strong financial performance, operational results, and leasing momentum in Q3 2024, exceeding expectations.
Strategic initiatives to enhance portfolio quality, focus on high-demand locations, and capitalize on market trends position the company for future growth.
While facing short-term challenges like higher OpEx and lower occupancy, Highwoods Properties maintains a positive outlook for 2025 and remains committed to sustainable growth.

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Highwoods Properties, Inc. is a real estate investment trust, which engages in the operation, acquisition, and development- of rental office properties. It operates through the following geographical segments: Atlanta, Charlotte, Nashville, Orlando, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1994 and is headquartered in Raleigh, NC.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Highwoods Properties (HIW) have what it takes?

This is Why Highwoods Properties (HIW) is a Great Dividend Stock

It's not every day that I get to crack open a REIT based in North Carolina. In Q2-22, Highwoods reported a strong beat and doubled down on the sunbelt.

Highwoods Properties: Nothing Could Be Finer Than This REIT In Carolina

Highwoods Properties, Inc. (NYSE:HIW ) Q2 2022 Earnings Conference Call July 27, 2022 11:00 AM ET Company Participants Hannah True - Investor Relations Ted Klinck - Chief Executive Officer Brian Leary - Chief Operating Officer Brendan Maiorana - Chief Financial Officer Conference Call Participants Jamie Feldman - Bank of America Rob Stevenson - Janney Montgomery Scott Michael Griffin - Citi Blaine Heck - Wells Fargo David Rodgers - Baird Tayo Okusanya - Credit Suisse Daniel Ismail - Green Street Advisors Operator Good morning, and welcome to the Highwoods Properties Earnings Call. During the presentation, all participants will be in a listen-only mode.

Highwoods Properties, Inc.'s (HIW) CEO Ted Klinck on Q2 2022 Results - Earnings Call Transcript

Highwoods (HIW) reports better-than-anticipated second-quarter results with year-over-year improvement in the bottom line. It raises 2022 outlook.

Highwoods (HIW) Beats Q2 FFO Estimates, Raises 2022 Outlook

Highwoods Properties (HIW) delivered FFO and revenue surprises of 2.04% and 0.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Highwoods Properties (HIW) Q2 FFO and Revenues Surpass Estimates

RALEIGH, N.C., July 26, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

Highwoods Announces Availability of Second Quarter 2022 Results

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Highwoods Enters Dallas Market

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Highwoods Properties (HIW) Could Be a Great Choice

Highwoods to Release Second Quarter 2022 Results Tuesday, July 26th

Highwoods Properties is a well-run office REIT that's positioned for growth in the coming years. It sports a strong balance sheet and pays an attractive and well-covered dividend.

Highwoods Properties: Buy The Dip And Start The DRIP

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6 REITS That Have Enough Earnings to Back Their Dividends

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RALEIGH, N.C., May 25, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of its $200 million unsecured bank term loan by extending the maturity date from November 2022 to May 2026 and obtaining a $150 million delayed-draw term loan that will mature in May 2027. The Company expects to use the additional $150 million of borrowings, which must be drawn in their entirety within 90 days, for working capital purposes, the short-term funding of our development and acquisition activity and the repayment of other debt.

Highwoods Recasts Term Loan

Highwoods Properties (HIW) announces sale of its non-core assets worth $98 million as part of its capital-recycling strategy.

Highwoods (HIW) Continues Assets Sale With $98M Dispositions

RALEIGH, N.C., May 19, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold the FBI Tampa Field Office, a 138,000 square foot office building developed by Highwoods as a build-to-suit for the FBI in 2005 and renewed under a long-term lease in 2020, for $70.4 million. The Company also expects to close on the sale of its last remaining office buildings in Greensboro, which total 299,000 square feet and are 88.2% occupied, later this quarter or early in the third quarter for $20.3 million. In 2022, these office buildings were projected to generate $6.3 million of annual GAAP net operating income and $5.7 million of annual cash net operating income, which includes the impact of free rent.

Highwoods Announces $98M of Non-Core Asset Sales

RALEIGH, N.C., May 18, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has been selected as a 2022 Green Lease Leader today by The Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Building's Alliance.

Highwoods Selected as 2022 Green Lease Leader

Agrees to Acquire 650 South Tryon at Legacy Union in CBD

Highwoods Announces Charlotte Market Expansion

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Highwoods' (HIW) first-quarter 2022 bottom line outpaces estimates on decent leasing activity and growth in rental revenues.

Highwoods (HIW) Stock Down 1.5% Despite Q1 FFO & Revenue Beat

Highwoods Properties, Inc. (NYSE:HIW ) Q1 2022 Earnings Conference Call April 27, 2022 11:00 AM ET Company Participants Hannah True - Manager of Finance and Corporate Strategy Ted Klinck - President and CEO Brian Leary - COO Brendan Maiorana - CFO Conference Call Participants Vikram Malhotra - Mizuho Securities Blaine Heck - Wells Fargo Rob Stevenson - Janney Montgomery Scott Manny Korchman - Citigroup Ronald Kamdem - Morgan Stanley Michael Lewis - Truist Securities Operator Good morning. And welcome to the Highwoods Properties Earnings Call.

Highwoods Properties, Inc. (HIW) CEO Ted Klinck on Q1 2022 Results - Earnings Call Transcript

Highwoods Properties (HIW) delivered FFO and revenue surprises of 6.19% and 2.45%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Highwoods Properties (HIW) Q1 FFO and Revenues Top Estimates

RALEIGH, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

Highwoods Announces Availability of First Quarter 2022 Results

Why Highwoods Properties (HIW) is a Top Dividend Stock for Your Portfolio

Office REITs have been the top performing sector thus far in 2022. Office REITs with assets concentrated in the SunBelt are benefitting from a significant demographic shift in the U.S. population.

News for Highwoods Properties Stock (HIW)