Highwoods Properties, Inc. (HIW) to Post Q3 2017 Earnings of $0.84 Per Share, Capital One Financial Corporation Forecasts

Highwoods Properties, Inc. (NYSE:HIW) – Equities researchers at Capital One Financial Corporation lowered their Q3 2017 earnings per share estimates for Highwoods Properties in a research report issued on Wednesday. Capital One Financial Corporation analyst C. Lucas now forecasts that the real estate investment trust will earn $0.84 per share for the quarter, down from their prior estimate of $0.86. Capital One Financial Corporation also issued estimates for Highwoods Properties’ Q4 2017 earnings at $0.86 EPS, FY2017 earnings at $3.40 EPS, Q2 2018 earnings at $0.88 EPS, Q3 2018 earnings at $0.88 EPS and Q4 2018 earnings at $0.91 EPS.

HIW has been the topic of a number of other research reports. BidaskClub upgraded shares of Highwoods Properties from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Janney Montgomery Scott assumed coverage on shares of Highwoods Properties in a report on Friday, September 8th. They set a “neutral” rating on the stock. Finally, Bank of America Corporation boosted their price target on shares of Highwoods Properties from $57.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, October 3rd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $55.50.

ILLEGAL ACTIVITY WARNING: “Highwoods Properties, Inc. (HIW) to Post Q3 2017 Earnings of $0.84 Per Share, Capital One Financial Corporation Forecasts” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/20/highwoods-properties-inc-hiw-to-post-q3-2017-earnings-of-0-84-per-share-capital-one-financial-corporation-forecasts.html.

Shares of Highwoods Properties (NYSE HIW) opened at 52.32 on Thursday. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 41.72 and a beta of 0.89. The company’s 50-day moving average is $52.29 and its 200-day moving average is $51.25. Highwoods Properties has a 12 month low of $45.83 and a 12 month high of $53.34.

Highwoods Properties (NYSE:HIW) last announced its earnings results on Tuesday, July 25th. The real estate investment trust reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.59. Highwoods Properties had a net margin of 18.79% and a return on equity of 5.96%. The firm had revenue of $177.28 million for the quarter, compared to analyst estimates of $172.28 million. During the same quarter last year, the business earned $0.32 earnings per share. Highwoods Properties’s revenue was up 6.2% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Highwoods Properties by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,889 shares of the real estate investment trust’s stock valued at $755,000 after purchasing an additional 38 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in Highwoods Properties by 4.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 3,161 shares of the real estate investment trust’s stock valued at $160,000 after purchasing an additional 124 shares in the last quarter. GAM Holding AG grew its position in Highwoods Properties by 2.4% during the second quarter. GAM Holding AG now owns 8,660 shares of the real estate investment trust’s stock valued at $439,000 after purchasing an additional 199 shares in the last quarter. World Asset Management Inc grew its position in Highwoods Properties by 3.2% during the second quarter. World Asset Management Inc now owns 6,433 shares of the real estate investment trust’s stock valued at $326,000 after purchasing an additional 200 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Highwoods Properties by 1.8% during the first quarter. PNC Financial Services Group Inc. now owns 11,417 shares of the real estate investment trust’s stock valued at $561,000 after purchasing an additional 203 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Tuesday, November 14th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.36%. Highwoods Properties’s payout ratio is presently 141.94%.

About Highwoods Properties

Highwoods Properties, Inc is an office real estate investment trust (REIT). The Company’s primary business is the operation, acquisition and development of office properties. The Company’s segments include Office and Other. The Company owns, develops, acquires, leases and manages properties primarily in the be

Highwoods Properties, Inc. (NYSE:HIW) – Equities researchers at Capital One Financial Corporation lowered their Q3 2017 earnings per share estimates for Highwoods Properties in a research report issued on Wednesday. Capital One Financial Corporation analyst C. Lucas now forecasts that the real estate investment trust will earn $0.84 per share for the quarter, down from their prior estimate of $0.86. Capital One Financial Corporation also issued estimates for Highwoods Properties’ Q4 2017 earnings at $0.86 EPS, FY2017 earnings at $3.40 EPS, Q2 2018 earnings at $0.88 EPS, Q3 2018 earnings at $0.88 EPS and Q4 2018 earnings at $0.91 EPS.

HIW has been the topic of a number of other research reports. BidaskClub upgraded shares of Highwoods Properties from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Janney Montgomery Scott assumed coverage on shares of Highwoods Properties in a report on Friday, September 8th. They set a “neutral” rating on the stock. Finally, Bank of America Corporation boosted their price target on shares of Highwoods Properties from $57.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, October 3rd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $55.50.

ILLEGAL ACTIVITY WARNING: “Highwoods Properties, Inc. (HIW) to Post Q3 2017 Earnings of $0.84 Per Share, Capital One Financial Corporation Forecasts” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/20/highwoods-properties-inc-hiw-to-post-q3-2017-earnings-of-0-84-per-share-capital-one-financial-corporation-forecasts.html.

Shares of Highwoods Properties (NYSE HIW) opened at 52.32 on Thursday. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 41.72 and a beta of 0.89. The company’s 50-day moving average is $52.29 and its 200-day moving average is $51.25. Highwoods Properties has a 12 month low of $45.83 and a 12 month high of $53.34.

Highwoods Properties (NYSE:HIW) last announced its earnings results on Tuesday, July 25th. The real estate investment trust reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.59. Highwoods Properties had a net margin of 18.79% and a return on equity of 5.96%. The firm had revenue of $177.28 million for the quarter, compared to analyst estimates of $172.28 million. During the same quarter last year, the business earned $0.32 earnings per share. Highwoods Properties’s revenue was up 6.2% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Highwoods Properties by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,889 shares of the real estate investment trust’s stock valued at $755,000 after purchasing an additional 38 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in Highwoods Properties by 4.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 3,161 shares of the real estate investment trust’s stock valued at $160,000 after purchasing an additional 124 shares in the last quarter. GAM Holding AG grew its position in Highwoods Properties by 2.4% during the second quarter. GAM Holding AG now owns 8,660 shares of the real estate investment trust’s stock valued at $439,000 after purchasing an additional 199 shares in the last quarter. World Asset Management Inc grew its position in Highwoods Properties by 3.2% during the second quarter. World Asset Management Inc now owns 6,433 shares of the real estate investment trust’s stock valued at $326,000 after purchasing an additional 200 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Highwoods Properties by 1.8% during the first quarter. PNC Financial Services Group Inc. now owns 11,417 shares of the real estate investment trust’s stock valued at $561,000 after purchasing an additional 203 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Tuesday, November 14th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.36%. Highwoods Properties’s payout ratio is presently 141.94%.

About Highwoods Properties

Highwoods Properties, Inc is an office real estate investment trust (REIT). The Company’s primary business is the operation, acquisition and development of office properties. The Company’s segments include Office and Other. The Company owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Earnings History and Estimates for Highwoods Properties (NYSE:HIW)

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