Summary:
- Highwoods Properties (HIW, Financial) maintains its quarterly dividend at $0.50 per share, offering a forward yield of 7.11%.
- Analysts set an average 12-month price target at $30.67, suggesting a potential upside of 9.21%.
- The current average brokerage recommendation for HIW is "Hold," with a GF Value estimate slightly below the current price.
Dividend Stability and Investor Returns
Highwoods Properties (HIW) continues its commitment to rewarding shareholders by maintaining its quarterly dividend at $0.50 per share. This consistent dividend policy underscores the company's stable cash flow and commitment to shareholder value, providing an appealing forward yield of 7.11%. Shareholders on record by May 19 will receive this payout on June 10, with the ex-dividend date also marked for May 19.
Analyst Price Targets and Recommendations
Wall Street analysts have set a one-year average price target of $30.67 for Highwoods Properties Inc (HIW, Financial), based on assessments from nine analysts. This average target suggests a potential upside of 9.21% from the current trading price of $28.08. The high target is set at $35.00, while the low target is $22.00. Investors seeking more detailed projections can explore the Highwoods Properties Inc (HIW) Forecast page for additional insights.
In terms of analyst recommendations, the consensus from ten brokerage firms indicates an average rating of 2.6 for Highwoods Properties Inc (HIW, Financial). This places the stock in a "Hold" position on a scale where 1 represents a Strong Buy and 5 signifies a Sell.
Understanding GF Value and Market Position
According to GuruFocus, the estimated GF Value for Highwoods Properties Inc (HIW, Financial) stands at $28.02, suggesting a minor downside of 0.21% compared to the current price of $28.08. This GF Value represents GuruFocus's calculated fair value of the stock, taking into consideration historical trading multiples, business growth trends, and projected future performance. Investors can review more comprehensive data on the Highwoods Properties Inc (HIW) Summary page.
