What is the best trade option for Highwoods Properties Inc. (HIW) stock?

At the time of writing, Highwoods Properties Inc. [HIW] stock is trading at $31.58, up 3.71%. An important factor to consider is whether the stock is rising or falling in short-term value. The HIW shares have gain 8.37% over the last week, with a monthly amount glided 12.38%, and seem to be holding up well over a long-time horizon.

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On 1, February 2023, Highwoods Declares Quarterly Dividends. In a post published today on Yahoo Finance, Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2022, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 14, 2023 to all holders of record as of February 21, 2023.

From an analyst’s perspective:

Highwoods Properties Inc. [NYSE: HIW] stock has seen the most recent analyst activity on October 10, 2022, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $31 for it. Previously, Jefferies downgraded its rating to Hold on June 30, 2022, and dropped its price target to $35. On June 23, 2022, Credit Suisse initiated with a Neutral rating and assigned a price target of $34 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $46 on April 22, 2022. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $53 on January 12, 2022. Jefferies upgraded its rating to Buy for this stock on January 10, 2022, and upped its price target to $54. In a note dated January 14, 2021, Janney upgraded an Buy rating on this stock but restated the target price of $43.

For the past year, the stock price of Highwoods Properties Inc. fluctuated between $24.51 and $47.01. Currently, Wall Street analysts expect the stock to reach $31.50 within the next 12 months. Highwoods Properties Inc. [NYSE: HIW] shares were valued at $31.58 at the most recent close of the market. An investor can expect a potential drop of -0.25% based on the average HIW price forecast.

Analyzing the HIW fundamentals

According to Highwoods Properties Inc. [NYSE:HIW], the company’s sales were 206.82 billion in the recent quarter, which represents an 5.90% jump. Gross Margin for this corporation currently stands at +34.80% with Operating Margin at +29.51%, Pretax Margin comes in at +41.46%, and Net Margin reading is +40.15%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.98 points at the first support level, and at 30.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.03, and for the 2nd resistance point, it is at 32.48.

Highwoods Properties Inc. [HIW] reported earnings per share of $0.36 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.32/share, meaning a difference of $0.04 and a surprise factor of 12.50%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $0.48 per share as compared to estimates of $0.52 per share, a difference of -$0.04 representing a surprise of -7.70%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 6.23, the price to book ratio is 1.91 and the P/E (TTM) ratio is 13.04.

Transactions by insiders

Recent insider trading involved Maiorana Brendan C, EVP, CFO, that happened on Sep 28 when 1500.0 shares were purchased. EVP, General Counsel & Sec., Miller Jeffrey Douglas completed a deal on Sep 22 to buy 1000.0 shares. Meanwhile, President and CEO Klinck Theodore J bought 5000.0 shares on Sep 22.