Highwoods Properties Inc (HIW)

NYSE · Real Estate · REIT - Office · USA

Highwoods Properties Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Office industry.

Highwoods Properties is a publicly-traded real estate investment trust that owns, develops and operates office buildings across eight metropolitan markets in the southeastern and south-central United States. As a fully-integrated REIT, it manages leasing, maintenance and tenant services directly rather than outsourcing these functions to third-party vendors.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Highwoods Properties Inc stock.

Our verdict on HIW

Undervalued: intrinsic value $55.89 per share, market price $29.20, margin of safety 47.8% (as of 2026-10-20).

Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $55.89; the price of $29.20 is 48% below that value, and 78% of that value comes from beyond year five.

Leak Score: 58/100 on 9 of 12 signals (Weak Signal).

ETFs with the most weight in HIW

17 more funds hold it; the full list is part of the paid plan.

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Is HIW undervalued or overvalued?

HIW is undervalued (as of the 2026-10-20 close). Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $55.89; the price of $29.20 is 48% below that value, and 78% of that value comes from beyond year five.

What is the intrinsic value of HIW?

$55.89 per share (as of the 2026-10-20 close), against a market price of $29.20. That is a margin of safety of 47.8%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Highwoods Properties Inc's Leak Score?

58 out of 100, which we rate "Weak Signal", on 9 of 12 value investing signals.