Highwoods Properties, Inc. (HIW) is gearing up for another turning point as it hit the volume of 1.45

On Friday, Highwoods Properties, Inc. (NYSE: HIW) trading session started at the price of On Friday, that was 23.85% up from the session before settling in for the closing price of $23.40. A 52-week range for HIW has been $17.06 – $30.28.

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Real Estate Sector giant saw their annual sales surged by 3.27% over the last five years. When this article was written, the company’s average yearly earnings per share was at -41.14%. With a float of $104.12 million, this company’s outstanding shares have now reached $105.71 million.

The firm has a total of Feb 16 2024 workers. Let’s measure their productivity.

Highwoods Properties, Inc. (HIW) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Highwoods Properties, Inc. stocks. The insider ownership of Highwoods Properties, Inc. is 1.48%, while institutional ownership is 107.35%. The most recent insider transaction that took place on Oct 27, was worth 17,670. In this transaction EVP & COO of this company bought 1,000 shares at a rate of $17.67, taking the stock ownership to the 92,386 shares. Before that another transaction happened on Mar 23, when Company’s President and CEO bought 5,000 for $19.81, making the entire transaction worth $99,065. This insider now owns 337,177 shares in total.

Highwoods Properties, Inc. (HIW) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 90.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -41.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -2.76% drop over the previous five years of trading.

Highwoods Properties, Inc. (NYSE: HIW) Trading Performance Indicators

You can see what Highwoods Properties, Inc. (HIW) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.01. Likewise, its price to free cash flow for the trailing twelve months is 11.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.39, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.50 in one year’s time.

Technical Analysis of Highwoods Properties, Inc. (HIW)

Analysing the last 5-days average volume posted by the [Highwoods Properties, Inc., HIW], we can find that recorded value of 2.38 million was better than the volume posted last year of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 76.91%. Additionally, its Average True Range was 0.82.

During the past 100 days, Highwoods Properties, Inc.’s (HIW) raw stochastic average was set at 92.51%, which indicates a significant increase from 85.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.89% in the past 14 days, which was lower than the 44.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.43, while its 200-day Moving Average is $21.96. Now, the first resistance to watch is $24.12. This is followed by the second major resistance level at $24.39. The third major resistance level sits at $24.61. If the price goes on to break the first support level at $23.63, it is likely to go to the next support level at $23.41. Should the price break the second support level, the third support level stands at $23.14.

Highwoods Properties, Inc. (NYSE: HIW) Key Stats

There are 105,710K outstanding shares of the company, which has a market capitalization of 2.52 billion. As of now, sales total 828,930 K while income totals 159,060 K. Its latest quarter income was 207,100 K while its last quarter net income were 22,720 K.