Critical Insights From Highwoods Props Analyst Ratings: What You Need To Know

In the preceding three months, 4 analysts have released ratings for Highwoods Props HIW, presenting a wide array of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 0 1 1 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 1 0
3M Ago 1 0 1 0 0

Analysts have set 12-month price targets for Highwoods Props, revealing an average target of $23.5, a high estimate of $28.00, and a low estimate of $18.00. A 18.03% drop is evident in the current average compared to the previous average price target of $28.67.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

A clear picture of Highwoods Props's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Omotayo Okusanya Deutsche Bank Announces Buy $28.00 -
Ronald Kamdem Morgan Stanley Lowers Underweight $18.00 $22.00
Michael Lewis Truist Securities Lowers Buy $28.00 $35.00
Camille Bonnel B of A Securities Lowers Neutral $20.00 $29.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Highwoods Props. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Highwoods Props compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Highwoods Props's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Highwoods Props's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Highwoods Props analyst ratings.

Delving into Highwoods Props's Background

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.

Highwoods Props: Delving into Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Highwoods Props displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 0.05%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: Highwoods Props's net margin excels beyond industry benchmarks, reaching 10.67%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Highwoods Props's ROE stands out, surpassing industry averages. With an impressive ROE of 0.91%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Highwoods Props's ROA excels beyond industry benchmarks, reaching 0.37%. This signifies efficient management of assets and strong financial health.

Debt Management: With a high debt-to-equity ratio of 1.33, Highwoods Props faces challenges in effectively managing its debt levels, indicating potential financial strain.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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