“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 ↗
Highwoods Properties, Inc.
HIW
Market read
Highwoods Properties, Inc.'s move is spreading beyond its market group.
HIW accounts for 9.3% of the group's measured movement across 6.8 effective names. raw member direction is mixed; 0 of 12 SPY-adjusted paths align to the mixed. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
SLG, BXP, CUZ moved materially before HIW. HIW crossed its material path threshold at 15:55 ET, 20 minutes after the first measured mover.
5 of 16 members in Real Estate Services are active. 0 of 3 disclosed connections are confirming.
- At least 11 of 16 durable members become active together.
- Capital-flow agreement rises above 55%.
- JBGS remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 5 of 16 members or fewer.
Research brief
The story so far
HIW accounts for 9.3% of the group's measured movement across 6.8 effective names. raw member direction is mixed; 0 of 12 SPY-adjusted paths align to the mixed. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 11 of 16 durable members become active together.
- Capital-flow agreement rises above 55%.
- JBGS remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Credit and interest rates has repeated favorable evidence across 5 filings.
- Latest annual revenue changed -2.4% year over year.
- Diluted shares increased 2.1% in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
30.41Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“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 4.2× · EV/sales 4.1×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 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 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.