Highwoods Properties, Inc. (HIW) last year’s performance of 93.20% is a clear signal for an entertaining trading season.

A new trading day began on Tuesday, with Highwoods Properties, Inc. (NYSE: HIW) stock price down -0.98% from the previous day of trading, before settling in for the closing price of $34.73. HIW’s price has ranged from $17.17 to $36.78 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Real Estate Sector giant saw their annual sales surged by 3.27% over the last five years. Meanwhile, its annual earnings per share averaged -19.22%. With a float of $104.21 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 49.2%, operating margin of 18.83%, and the pretax margin is 15.59%.

Highwoods Properties, Inc. (HIW) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Office Industry. The insider ownership of Highwoods Properties, Inc. is 1.71%, while institutional ownership is 105.93%. 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.

Highwoods Properties, Inc. (HIW) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -19.22% 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

Here are Highwoods Properties, Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.39. Likewise, its price to free cash flow for the trailing twelve months is 15.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.33, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.56 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 1.26 million was better than the volume posted last year of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 9.47%. Additionally, its Average True Range was 0.73.

During the past 100 days, Highwoods Properties, Inc.’s (HIW) raw stochastic average was set at 80.58%, which indicates a significant increase from 42.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.21% in the past 14 days, which was lower than the 23.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.17, while its 200-day Moving Average is $27.65. Now, the first resistance to watch is $34.71. This is followed by the second major resistance level at $35.02. The third major resistance level sits at $35.24. If the price goes on to break the first support level at $34.18, it is likely to go to the next support level at $33.96. Now, if the price goes above the second support level, the third support stands at $33.65.

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

With a market capitalization of 3.65 billion, the company has a total of 106,020K Shares Outstanding. Currently, annual sales are 834,000 K while annual income is 148,720 K. The company’s previous quarter sales were 204,320 K while its latest quarter income was 15,180 K.