Highwoods Properties (NYSE:HIW) Sets New 12-Month Low - Here's Why

robot
Abstract generation in progress

Highwoods Properties (NYSE:HIW) recently hit a new 52-week low of $20.45 after reporting disappointing quarterly earnings of $0.26 EPS against an expected $0.84 and missing revenue estimates. Despite price cuts from analysts, the company maintains a consensus “Hold” rating with a target price of $27.78 and offers a significant dividend yield of 9.7%. Institutional investors have shown mixed activity, with some increasing and others decreasing their holdings.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin