Feed / HIW

Highwoods Properties, Inc.

HIW

Real Estate · 29.04 +1.3% today

Partial group confirmationMarket checked 30 Sept, 15:55 GMT-4

Market read

Highwoods Properties, Inc.'s move is being confirmed by its market group.

HIW accounts for 2.2% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveAligned contributor#10 of 12 by movement share
Group movement share2.2%Absolute path energy—not portfolio weight
Relative path+0.23%aligned
Effective breadth5.9 / 12broad
Relative alignment7/12upside path · 3 counter-moving
Capital-flow agreement13%not yet clean
SEQUENCE READ

ALGN, FLYW, CIGI moved materially before HIW. HIW crossed its material path threshold at 14:50 ET, 180 minutes after the first measured mover.

EVIDENCE COVERAGE

7 of 18 members in Real Estate Services are active. 0 of 3 disclosed connections are confirming.

What would change this read
  • At least 12 of 18 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as JBGS begins moving with the group.

Invalidation: The live read weakens if participation falls to 6 of 18 members or fewer.

Watch this read

Research brief

The story so far

Real Estate · REIT - Office

HIW accounts for 2.2% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 12 of 18 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as JBGS begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations341
Usable filing statements144
Verified relationships3
Evidence supporting the case
  • Credit and interest rates has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • Latest annual revenue changed -2.4% year over year.
  • Diluted shares increased 2.1% in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 30, 2026

29.04
6m+35.6%12m-7.0%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$768.0M+4.2%$2.98+0.3%
2022-12-31$828.9M+7.9%$1.49+0.5%
2023-12-31$834.0M+0.6%$1.39+0.2%
2024-12-31$825.9M-1.0%$0.94+0.5%
2025-12-31$806.1M-2.4%$1.45+2.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“Interest Expense Interest expense was $9.1 million, or 12.2%, higher in the first six months of 2026 as compared to 2025 primarily due to higher average debt balances and lower capitalized interest.”
10-Q · Jul 28, 2026 ↗
Restructuring and cost reductionsmixed · 5 filings
“Our Level 3 assets include any real estate assets recorded at fair value on a non-recurring basis as a result of our quarterly impairment analysis, which are valued using unobservable local and national industry market data such as comparable sales, appraisal…”
10-Q · Jul 28, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 4.0× · EV/sales 3.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

29.04+1.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HIW. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HIW. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HIW

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AAPAdvance Auto Parts, Inc.investeeOct 28, 2025 ▾

“During the first quarter of 2025, we acquired Advance Auto Parts Tower, a 346,000 square foot office building in Raleigh, for a total purchase price, including capitalized acquisition costs, of $ 137.9 million.”

JEFJefferies Financial Group Inc.partnerApr 28, 2026 ▾

“Financing Activity During the first quarter of 2026, we entered into separate equity distribution agreements with each of Wells Fargo Securities, LLC, BofA Securities, Inc., BTIG, LLC, Jefferies LLC, J.P.”

Depended on by

AKRAcadia Realty TrustpartnerFeb 13, 2026 ▾

“As such, the Company measured and recognized 100 % of the identifiable assets acquired, the liabilities assumed and any noncontrolling interests of the Renaissance Portfolio, at fair value and recognized a $ 9.6 million loss on change in control representing…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HIW is currently a Early Follower in the organic co-movement group Real Estate Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.