Highwoods Properties, Inc. logo

HIW

Highwoods Properties, Inc.

$34.48

Earnings Summary

Q2 FY2022-2023Q1 FY2022-2023Q4 FY2021-2022Q3 FY2021-2022Q2 FY2021-2022Q1 FY2021-2022Q4 FY2020-2021Q3 FY2020-2021Q2 FY2020-2021Q1 FY2020-2021Q4 FY2019-2020Q3 FY2019-2020Q2 FY2019-2020Q1 FY2019-2020Q4 FY2018-2019Q3 FY2018-2019Q2 FY2018-2019Q1 FY2018-2019Q4 FY2017-2018Q3 FY2017-2018Q2 FY2017-2018Q1 FY2017-2018Q4 FY2016-2017Q3 FY2016-2017
Revenue
$203.84Mn
Net Profits
$50.51Mn
Net Profit Margins
24.78%
PE Ratio
12.8

Highlights

Revenue:

Highwoods Properties, Inc.’s revenue jumped 9.89% since last year same period to $203.84Mn in the Q2 2022. On a quarterly growth basis, Highwoods Properties, Inc. has generated -1.23% fall in its revenue since last 3-months.

Net Profits:

Highwoods Properties, Inc.’s net profit fell -15.71% since last year same period to $50.51Mn in the Q2 2022. On a quarterly growth basis, Highwoods Properties, Inc. has generated 23.56% jump in its net profits since last 3-months.

Net Profit Margins:

Highwoods Properties, Inc.’s net profit margin fell -23.29% since last year same period to 24.78% in the Q2 2022. On a quarterly growth basis, Highwoods Properties, Inc. has generated 25.09% jump in its net profit margins since last 3-months.

PE Ratio:

Highwoods Properties, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 12.8.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Highwoods Properties, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.49
EPS Estimate Current Year
0.49

Highlights

EPS Estimate Current Quarter:

Highwoods Properties, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.49 - a -5.77% fall from last quarter’s estimates.

EPS Estimate Current Year:

Highwoods Properties, Inc.’s earning per share (EPS) estimates for the current year stand at 0.49.

Key Ratios

Key ratios of the Highwoods Properties, Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
0.79
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
2

Highlights

Earning Per Share (EPS):

Highwoods Properties, Inc.’s earning per share (EPS) jumped 38.6% since last year same period to 0.79 in the Q2 2022. This indicates that the Highwoods Properties, Inc. has generated 38.6% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Highwoods Properties, Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Highwoods Properties, Inc.’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Highwoods Properties, Inc. declared 2 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

20222021202020192018201720162015
Earnings DateEstimated EPSReported EPSSurprise %
2022-07-26
0.52
0.79
51.92%
2022-04-26
0.34
0.38
11.76%

Company Information

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Organisation
Highwoods Properties, Inc.
Headquarters
Raleigh, North Carolina, US
Employees
359
Industry
Finance
CEO
Theodore Klinck