On Friday, Highwoods Properties, Inc. (NYSE: HIW) was 1.08% up from the session before settling in for the closing price of $35.98. A 52-week range for HIW has been $17.06 – $36.01.
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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 -17.96%. With a float of $104.20 million, this company’s outstanding shares have now reached $105.71 million.
The firm has a total of 349 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.19%, operating margin of 18.75%, and the pretax margin is 18.33%.
Highwoods Properties, Inc. (HIW) Breakdown of a Key Holders of the stock
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 1.71%, while institutional ownership is 105.84%. The most recent insider transaction that took place on Feb 22 ’24, was worth 473,400. In this transaction Director of this company bought 20,000 shares at a rate of $23.67, taking the stock ownership to the 62,487 shares. Before that another transaction happened on Oct 27 ’23, when Company’s EVP & COO bought 1,000 for $17.67, making the entire transaction worth $17,670. This insider now owns 92,386 shares in total.
Highwoods Properties, Inc. (HIW) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.21 earnings per share (EPS) during the time that was better than consensus figure (set at 0.21) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.40% 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 4.63. Likewise, its price to free cash flow for the trailing twelve months is 15.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.60 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 0.88 million was lower than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 95.53%. Additionally, its Average True Range was 0.71.
During the past 100 days, Highwoods Properties, Inc.’s (HIW) raw stochastic average was set at 98.56%, which indicates a significant increase from 95.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.75% in the past 14 days, which was lower than the 24.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.61, while its 200-day Moving Average is $27.23. Now, the first resistance to watch is $36.72. This is followed by the second major resistance level at $37.08. The third major resistance level sits at $37.60. If the price goes on to break the first support level at $35.84, it is likely to go to the next support level at $35.32. Now, if the price goes above the second support level, the third support stands at $34.96.
Highwoods Properties, Inc. (NYSE: HIW) Key Stats
There are 105,996K outstanding shares of the company, which has a market capitalization of 3.86 billion. As of now, sales total 834,000 K while income totals 148,720 K. Its latest quarter income was 204,740 K while its last quarter net income were 63,490 K.
