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Highwoods Properties, Inc. - HIW STOCK NEWS

Welcome to our dedicated news page for Highwoods Properties (Ticker: HIW), a resource for investors and traders seeking the latest updates and insights on Highwoods Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Highwoods Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Highwoods Properties's position in the market.

News
Rhea-AI Summary
Highwoods Properties, Inc. (HIW) announces 129,000 SF of additional leases signed at 23Springs in Uptown Dallas, bringing total leases to 718,000 SF in the first quarter. The development is 53% pre-leased, with a total expected investment of $460 million. Construction began in 2022, aiming for completion in 2025 and stabilization in 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
none
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Rhea-AI Summary
Highwoods Properties, Inc. (HIW) has announced its fourth quarter and full year 2023 financial results, showcasing a strong performance with a significant increase in funds from operations (FFO) and net income. The company has also provided an optimistic outlook for 2024, highlighting strategic acquisitions and development projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
earnings
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News
Rhea-AI Summary
Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2023, amounting to an annualized dividend of $2.00 per share. Additionally, a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock has been declared. Both dividends are payable in February and March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
dividends
News
Rhea-AI Summary
Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of its unsecured revolving credit facility, replacing the existing facility obtained in 2021. The new facility extends the maturity date to January 2029, with unilateral extension options. The amount remains at $750M, with a SOFR borrowing spread of 85 bps and an annual facility fee of 20 bps. This move strengthens the company's balance sheet, improves liquidity, and provides financial flexibility to pursue strategic objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
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Rhea-AI Summary
Highwoods Properties, Inc. (NYSE:HIW) will release its fourth quarter and full year 2023 results on Tuesday, February 6th, after the market closes. A conference call will be held the next day, Wednesday, February 7th, at 11:00 A.M. Eastern time. The company has also set the following dates for the release of its 2024 financial results and conference calls.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
earnings
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Rhea-AI Summary
James Campbell Company LLC (JCC) announced the appointment of Kevin Penn as the new chief executive officer, effective Jan. 8, 2024. With over 25 years of executive leadership experience in real estate and business strategy, Mr. Penn most recently served as the chief of business operations for the United States Olympic and Paralympic Committee (USOPC).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
management
Rhea-AI Summary
Highwoods Properties, Inc. (NYSE:HIW) announced the election of Candice W. Todd to its Board of Directors effective January 30, 2024. With extensive experience in real estate investment and finance, Ms. Todd's addition is expected to enhance the company's strategic direction and shareholder value. Her previous roles at Morgan Stanley Real Estate Investments and her current position as chair of the National Council of Real Estate Investment Fiduciaries demonstrate her expertise in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
management
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Rhea-AI Summary
Highwoods Properties, Inc. (NYSE: HIW) announced the pricing of a $350 million offering of 7.65% unsecured notes due February 1, 2034, with a yield of 7.836%. The proceeds will be used to repay outstanding debt and for general corporate purposes. The offering is expected to close on November 21, 2023. The joint book-running managers include PNC Capital Markets LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, TD Securities (USA) LLC, Wells Fargo Securities, LLC, Regions Securities LLC, Truist Securities, Inc., and U.S. Bancorp Investments, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
Tags
none
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Rhea-AI Summary
Highwoods Properties, Inc. releases its third quarter 2023 results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.04%
Tags
earnings
News
Rhea-AI Summary
Highwoods Properties, Inc. declares cash dividends for common stock and preferred stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
dividends
Highwoods Properties, Inc.

NYSE:HIW

HIW Rankings

HIW Stock Data

2.80B
103.79M
1.69%
105.65%
4.59%
Other Financial Vehicles
Finance and Insurance
Link
US
Raleigh

About HIW

highwoods properties, headquartered in raleigh, north carolina, is a publicly traded (nyse:hiw) real estate investment trust (“reit”) and a member of the s&p midcap 400 index. the company is a fully-integrated office reit that owns, develops, acquires, leases and manages properties primarily in the best business districts (bbds) of atlanta, kansas city, memphis, nashville, orlando, pittsburgh, raleigh, richmond, tampa and the triad. for more information about highwoods properties, please visit our website at www.highwoods.com. highwoods is driven by a culture that honors integrity, fosters hard work, rewards creativity and builds team spirit. we are excited about our future and are confident that our strategic plan provides the best framework for the long-term future growth and stability of our company.