Highwoods Properties, Inc. (HIW)

Highwoods Properties reported its Q1 2026 earnings on April 28, 2026, with an EPS of $0.29, surpassing estimates, and revenue of $214.03 million, a 6.8% year-over-year increase. FFO for Q1 2026 was $0.84 per share, and the company maintained its full-year FFO guidance. A quarterly dividend of $0.50 per share was announced, with an annualized yield of 8.0%. The board authorized a $250 million stock repurchase program. The company invested $108 million in Dallas and Raleigh joint ventures and sold $42 million of non-core Richmond properties. Highwoods' stock decreased by 1.6% from January 1, 2026, to May 7, 2026, trading between $20.45 and $32.76 over the past 52 weeks.

There is no specific price data available for seasonality analysis of Highwoods Properties' products and services.

Highwoods Properties, Inc. is a REIT specializing in the ownership, acquisition, development, leasing, and management of high-quality office properties. The company operates within the commercial real estate sector, focusing on office REITs, and manages all aspects from acquisition and development to leasing and property management. Revenue is generated through long-term lease agreements for Class A office spaces and mixed-use developments. They also offer property management services, build-to-suit projects, and redevelopment of existing properties.

Highwoods Properties focuses on high-growth markets in the Southern United States, including Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. The company owns and manages properties primarily in the best business districts (BBDs). The majority of its revenue is derived from its Raleigh properties.

Highwoods Properties emphasizes its commitment to creating high-quality office environments and providing excellent customer service. The company's responsibility reports have an aggregate usefulness score of 4.7 out of 5.0, indicating a generally positive perception of its corporate responsibility efforts. Highwoods aims to attract premium tenants by offering amenitized, modern office environments and focuses on tenant satisfaction through its in-house teams.

Highwoods Properties' ownership is predominantly held by institutional investors, holding approximately 105.4% of outstanding shares as of December 2025. Major institutional shareholders include The Vanguard Group, Inc., BlackRock, Inc., and Cohen & Steers Capital Management, Inc. Insider ownership represents around 1.29% of the total shares, while public companies and individual investors hold the remaining stake.