Highwoods Properties

The stock of Highwoods Properties rose to a 52-week high of $32.78 and is up nearly 30% year-to-date. The company offers a dividend yield of 6.23% and reported strong Q1 numbers (EPS $0.29 vs. $0.13 expected; revenue $214.03 million). Highwoods extended an unsecured bank loan of $150 million through June 2031, while analysts at InvestingPro rate the stock as overvalued and Baird maintains a neutral view with a $29.00 price target. » More on de.investing.com

Highwoods Properties reported an EPS of $0.29 for Q1 2026 versus an expected $0.13 and revenue of $214.03 million (expectation $209.73 million), with both metrics beating forecasts. FFO amounted to $94 million ($0.84 per share) and available liquidity stood at over $650 million. The company reaffirmed its full-year FFO guidance of $3.40–$3.68 and plans to sell about $200 million of non-core assets to strengthen its capital structure. The stock reacted only slightly higher in after-hours trading (+0.44%), indicating muted investor sentiment despite the solid numbers. » More on de.investing.com

The board of Highwoods Properties has approved a share buyback program of up to $250 million, representing about 9% of market capitalization. The repurchases are to be funded in a debt‑neutral manner from net proceeds of sales of non‑core assets. Shares may be acquired flexibly over time in the open market or through private transactions; the program has no fixed expiration date and does not commit the company to any specific repurchase amount. The company offers an attractive dividend yield of 8.38% and has maintained dividend payments for 33 consecutive years. » More on de.investing.com