Highwoods Properties Stock Up 8.3% in Three Months: Will It Continue?
From Nasdaq: 2025-06-10 08:15:00
Highwoods Properties (HIW) shares have surged 8.3% in the last three months, outperforming the industry. The company signed over 750,000 square feet of leases in Q2, with 300,000 square feet being new leases, indicating a strong demand for high-quality office spaces and boosting leasing activity.
Analysts are positive on HIW, with a Zacks Rank #3 and a consensus estimate for 2025 FFO per share at $3.41. The company’s recovery is driven by increased leasing volume, with 700,000 square feet leased in Q1, and a focus on Sun Belt markets with strong job growth, leading to higher rents.
HIW’s capital-recycling strategy includes selling non-core assets and acquiring premium assets. The company’s balance sheet is robust, with no debt maturities until Q2 2026 and over $700 million in available liquidity. Competition and high debt are key risks for HIW.
Other top picks in the REIT sector include VICI Properties (VICI) and W.P. Carey (WPC), both Zacks Rank #2. VICI’s 2025 FFO per share estimate is $2.34, while W.P. Carey’s estimate for the current year is $4.88. These stocks present strong investment opportunities in the real estate sector.
Read more at Nasdaq: Highwoods Properties Stock Up 8.3% in Three Months: Will It Continue?