Highwoods Properties Overview
- Year Founded
-
1994
- Status
-
Public
- Employees
-
349
- Stock Symbol
-
HIW
- Investments
-
1
- Share Price
-
$32.84
- (As of Friday Closing)
Highwoods Properties General Information
Description
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Contact Information
Website
www.highwoods.comCorporate Office
- 3100 Smoketree Court
- Northeast Raleigh
- Raleigh, NC 27604
- United States
Corporate Office
- 3100 Smoketree Court
- Northeast Raleigh
- Raleigh, NC 27604
- United States
Highwoods Properties Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $32.84 | $32.39 | $17.05 - $32.88 | $3.48B | 106M | 806K | $1.41 |
Highwoods Properties Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 6,120,270 | 5,699,730 | 6,008,669 | 7,744,699 |
| Revenue | 829,967 | 833,997 | 828,929 | 768,007 |
| EBITDA | 597,670 | 587,451 | 556,953 | 668,418 |
| Net Income | 151,517 | 148,715 | 159,058 | 313,277 |
| Total Assets | 5,971,473 | 6,002,928 | 6,063,376 | 5,695,138 |
| Total Debt | 3,191,429 | 3,213,206 | 3,197,215 | 2,788,915 |
Highwoods Properties Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Highwoods Properties Comparisons
Industry
Financing
Details
0000 0
000000
Highwoods Properties Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kite Realty Group Trust | Corporation | Indianapolis, IN | 000 | 00.000 | 000000000 00 | 00.000 |
| Federal Realty Investment Trust | Corporation | Bethesda, MD | 000 | 00.00 | 000000000 00 | 00.00 |
| Rayonier | Corporation | Yulee, FL | 000 | 00000 | 000000000 00 | 00000 |
| Brixmor Property Group | Formerly PE-Backed | New York, NY | 000 | 00.000 | 000000000 00 | 00.000 |
| Kimco Realty | Corporate Backed or Acquired | Jericho, NY | 000 | 00.000 | 000000000000 | 00.000 |
Highwoods Properties Executive Team (9)
| Name | Title | Board Seat |
|---|---|---|
| Theodore Klinck | President, Chief Executive Officer & Board Member | |
| Brendan Maiorana | Chief Financial Officer, Finance & Executive Vice President | |
| Brian Leary | Chief Operating Officer, Operations & Executive Vice President | |
| Daniel Clemmens | Chief Accounting Officer & Vice President | |
| Ryan Hunt | Chief Information Officer & Vice President |
Highwoods Properties Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000 00000 | Self | Board Member | 000 0000 |
| 0000000 0000 | Self | Board Member | 000 0000 |
| 0000000 00000000 | Self | Board Member | 000 0000 |
| 00000 00000 | Self | Board Member | 000 0000 |
| 0000 00000000 | Self | Board Member | 000 0000 |
Highwoods Properties Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Highwoods Properties Investments (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Deep River Corporate Center | 000000000 | Buildings and Property |
Highwoods Properties ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
11.72 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Real Estate
Industry
00 of 1,030
Rank
Percentile
REITs
Subindustry
00 of 427
Rank
Percentile
Highwoods Properties Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Deep River Corporate Center | 000000000 00 | Completed |
|
Highwoods Properties FAQs
-
When was Highwoods Properties founded?
Highwoods Properties was founded in 1994.
-
Who is the CEO of Highwoods Properties?
Theodore Klinck is the CEO of Highwoods Properties.
-
Where is Highwoods Properties headquartered?
Highwoods Properties is headquartered in Raleigh, NC.
-
What is the size of Highwoods Properties?
Highwoods Properties has 349 total employees.
-
What industry is Highwoods Properties in?
Highwoods Properties’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Highwoods Properties a private or public company?
Highwoods Properties is a Public company.
-
What is Highwoods Properties’s stock symbol?
The ticker symbol for Highwoods Properties is HIW.
-
What is the current stock price of Highwoods Properties?
As of 13-Sep-2024 the stock price of Highwoods Properties is $32.84.
-
What is the current market cap of Highwoods Properties?
The current market capitalization of Highwoods Properties is $3.48B.
-
What is Highwoods Properties’s current revenue?
The trailing twelve month revenue for Highwoods Properties is $830M.
-
Who are Highwoods Properties’s competitors?
Kite Realty Group Trust, Federal Realty Investment Trust, Rayonier, Brixmor Property Group, and Kimco Realty are some of the 9 competitors of Highwoods Properties.
-
What is Highwoods Properties’s annual earnings per share (EPS)?
Highwoods Properties’s EPS for 12 months was $1.41.
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