Witnessing the stock’s movement on the chart, on Wednesday, Highwoods Properties, Inc. (NYSE: HIW) set off with pace as it heaved 4.35% to $25.93, before settling in for the price of $24.85 at the close. Taking a more long-term approach, HIW posted a 52-week range of $17.06-$26.27.
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The Real Estate sector firm’s twelve-monthly sales growth has been 3.27% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -2.76%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -50.28%. This publicly-traded company’s shares outstanding now amounts to $105.71 million, simultaneously with a float of $103.90 million. The organization now has a market capitalization sitting at $2.74 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.76, while the 200-day Moving Average is $22.44.
Highwoods Properties, Inc. (HIW) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the REIT – Office industry. Highwoods Properties, Inc.’s current insider ownership accounts for 1.71%, in contrast to 104.68% institutional ownership. According to the most recent insider trade that took place on Feb 22 ’24, this organization’s Director bought 20,000 shares at the rate of 23.67, making the entire transaction reach 473,400 in total value, affecting insider ownership by 62,487. Preceding that transaction, on Oct 27 ’23, Company’s EVP & COO bought 1,000 for 17.67, making the whole transaction’s value amount to 17,670. This particular insider is now the holder of 92,386 in total.
Highwoods Properties, Inc. (HIW) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.36 earnings per share (EPS) for the period topping the consensus outlook (set at $0.26) by $0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
Highwoods Properties, Inc.’s EPS decrease for this current 12-month fiscal period is -50.28% and is forecasted to reach 0.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the -2.76% growth it accomplished over the previous five years trading on the market.
Highwoods Properties, Inc. (NYSE: HIW) Trading Performance Indicators
Let’s observe the current performance indicators for Highwoods Properties, Inc. (HIW). The Stock has managed to achieve an average true range (ATR) of 0.74. Alongside those numbers, its PE Ratio stands at $18.71, and its Beta score is 1.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.28. Similarly, its price to free cash flow for trailing twelve months is now 12.63.
In the same vein, HIW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.39, a figure that is expected to reach 0.19 in the next quarter, and analysts are predicting that it will be 0.41 at the market close of one year from today.
Technical Analysis of Highwoods Properties, Inc. (HIW)
Going through the that latest performance of [Highwoods Properties, Inc., HIW]. Its last 5-days volume of 0.94 million was inferior to the volume of 1.41 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 64.62% While, its Average True Range was 0.74.
Raw Stochastic average of Highwoods Properties, Inc. (HIW) in the period of the previous 100 days is set at 99.10%, which indicates a major rise in contrast to 96.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.01% that was lower than 43.23% volatility it exhibited in the past 100-days period.
