HIW

Based on Highwoods Properties, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Highwoods Properties do?

Highwoods Properties is a fully integrated office REIT that owns, develops, leases, and manages office buildings in premier business districts across eight southeastern and mid-Atlantic cities. It generates revenue through long-term leases with corporate tenants and operates its entire real estate platform in-house.

Does HIW pay dividends?

Yes, Highwoods pays a regular dividend. As a REIT, it is required to distribute the majority of its taxable income to shareholders, making dividend payments a core feature of the investment. Investors should monitor occupancy and leasing trends, which directly influence dividend sustainability.

When does HIW report earnings?

Highwoods reports on a quarterly cadence, as is standard for US-listed REITs. For exact dates and the most recent results, check the investor relations section of the Highwoods Properties website.

Is HIW a good stock to buy?

UQS Score rates HIW as Below Average overall. While the Quality and Valuation pillars show relative strength, the Weak Moat and Growth ratings highlight meaningful challenges. Whether it fits a portfolio depends on an investor's income needs, risk tolerance, and view on the office sector. The full pillar breakdown is available to Pro members.

Is HIW overvalued?

The UQS Valuation pillar for HIW is rated Good, suggesting the stock does not appear expensive relative to its fundamentals. For office REITs, valuation must be weighed alongside occupancy risk and growth constraints — context that the full UQS analysis provides.

How does HIW compare to its competitors?

Highwoods differentiates itself through its Sun Belt and Southeast focus, targeting best business districts in cities like Nashville, Charlotte, and Tampa. Peers like SL Green concentrate on Manhattan, Kilroy on West Coast tech markets, and COPT on defense-related tenants — each representing a distinct risk and demand profile.

What is HIW's market cap bracket?

Highwoods Properties is a mid-cap company and a member of the S&P MidCap 400 Index. Mid-cap REITs like HIW typically offer more liquidity than smaller peers while still carrying sector-specific risks tied to office demand cycles.

Who founded Highwoods Properties?

Highwoods Properties was founded in 1994. Detailed founding history, including key executives involved at inception, is publicly available through the company's official history and SEC filings.

Is HIW a long-term quality investment?

As a long-term quality indicator, HIW's Below Average UQS Score reflects concerns primarily around Moat and Growth. The Good Quality rating suggests operational stability, but sustained long-term value creation depends on whether office demand in its markets recovers and whether the company can improve its competitive positioning over time.

What is the main competitive advantage of Highwoods Properties?

Highwoods focuses on best business district properties in Sun Belt cities that have seen stronger employment growth than many coastal markets. This geographic positioning is its primary differentiator, though the UQS Moat pillar rates this advantage as Weak relative to broader real estate peers.

What sector does HIW belong to?

HIW belongs to the Real Estate sector, specifically classified as an office REIT. Office REITs have faced heightened scrutiny since the rise of hybrid work, making sector context an important lens when evaluating HIW's fundamentals and valuation.

Is HIW a growth stock or value stock?

Based on UQS pillar labels, HIW leans toward value territory — the Valuation pillar is rated Good while the Growth pillar is rated Weak. This profile is more consistent with an income and value-oriented holding than a growth-driven one.

Highwoods Properties, Inc. shows solid profitability with healthy returns on capital and reasonable margins.

Highwoods Properties, Inc. faces growth headwinds with declining or stagnant revenue trends.

Highwoods Properties, Inc. presents elevated risk with concerns around leverage or financial stability.

Highwoods Properties, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.

Highwoods Properties, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HIW.

The UQS (Unified Quality Score) for Highwoods Properties, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Highwoods Properties, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Highwoods Properties, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.