Highwoods Properties: I Am Willing To Go Back In At The Right Price (Rating Downgrade)

Highwoods Properties is now rated HOLD with a $21/share price target, reflecting deteriorated fundamentals and valuation concerns. HIW faces elevated leverage, declining occupancy, and refinancing at higher rates, with dividend coverage now exceeding 100% of AFFO. Despite some improvement in occupancy and leasing, HIW's credit rating is BBB-, one notch above junk, and refinancing risk remains high.

Seeking Alpha • Aug 13, 2026

Highwoods Properties: Leasing Is Improving, But The Cash Test Is Still Ahead

Highwoods Properties remains a Hold with a $31 price target, reflecting minimal capital appreciation potential at current levels. Leasing activity is improving, but cash NOI growth is weak at 0.3%, and occupancy conversion risk persists between leased and occupied rates. FFO guidance midpoint is $3.58 per share, with an 8.63x multiple and a 6.5% dividend yield; however, recurring cash flow visibility is limited.

Seeking Alpha • Aug 13, 2026

Highwoods Properties Q2 Earnings Call Highlights

Highwoods Properties NYSE: HIW reported second-quarter funds from operations of $0.90 per share and raised its full-year 2026 FFO outlook, citing stronger leasing, rising occupancy and progress in recycling capital into future investment opportunities.

MarketBeat • Jul 30, 2026

Highwoods Properties, Inc. (HIW) Q2 2026 Earnings Call Transcript

Highwoods Properties, Inc. (HIW) Q2 2026 Earnings Call Transcript

Seeking Alpha • Jul 29, 2026

HIW Q2 FFO Beats Estimates on Leasing and Rent Growth, 2026 View Up

HIW tops Q2 FFO and revenue estimates as strong leasing, higher rents and asset sales boost results, prompting management to raise its 2026 outlook.

Zacks Investment Research • Jul 29, 2026

Highwoods Announces Availability of Second Quarter 2026 Results

RALEIGH, N.C., July 28, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2026 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

GlobeNewsWire • Jul 28, 2026

Highwoods Properties (HIW) Surpasses Q2 FFO and Revenue Estimates

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.9 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to FFO of $0.89 per share a year ago.

Zacks Investment Research • Jul 28, 2026

Highwoods Declares Quarterly Dividends

RALEIGH, N.C., July 22, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2026, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 9, 2026 to all holders of record as of August 17, 2026.

GlobeNewsWire • Jul 22, 2026

Is HIW Stock Worth Retaining in Your Portfolio for the Long Run?

Highwoods benefits from strong Sun Belt leasing, portfolio upgrades and solid liquidity, though office market challenges and execution risks remain.

Zacks Investment Research • Jul 9, 2026

Equity REITs: Takeaways From REITWeek 2026

REITs are poised for 6-7% earnings growth in coming years, outpacing the historical 3-4% average, with multiple sectors showing accelerating fundamentals. Shopping centers, healthcare (notably senior housing), and data centers are standout sectors, benefiting from robust private market demand, supply constraints, and AI-driven tailwinds. Office REITs see improving leasing, especially from AI-related demand, while quality bifurcation widens; overweight positions in BXP and CUZ reflect this thesis.

Seeking Alpha • Jul 5, 2026