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Updated Oct 30, 10:17 AM ET

HIW

Highwoods Properties Inc.
$30.69CS band Mixed

+$0.19 (0.64%) Today

Oct 30, 10:17 AM ET

About HIW

Highwoods Properties Inc is a fully integrated office REIT that owns, develops, acquires, leases, and manages office properties mainly in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. Its principal business is the operation, acquisition, and development of rental office properties, with no material inter-segment transactions. The Company evaluates performance by geographic location, and the operating results by geographic grouping are regularly reviewed by the chief operating decision maker. The core portfolio consists mainly of office properties in its key markets, with the majority of revenue derived from its Raleigh properties.

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Zacks Investment Research

Highwoods Properties (HIW) Q3 FFO and Revenues Beat Estimates

Highwoods Properties (HIW) reported quarterly FFO of $0.89 per share, beating consensus estimates of $0.88 and surpassing year-ago results of $0.86. The REIT also exceeded revenue expectations with $218.18 million versus consensus of $214.47 million.

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