Highwoods Properties (HIW)
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
QuarterlyIQ Insights · HIW
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 6.5% |
| Our one-year growth estimate | diamond | 4.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 1.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 16 industry peers
HIW — credit agreement
Dated 2026-06-04
Entry into a Material Definitive Agreement. On June 3, 2026, we modified our $150.0 million unsecured bank term loan to extend the maturity date from May 2027 to June 2029. The term can be extended for two additional years at our option assuming no defaults have occurred. The interest rate is now SOFR plus 90 basis points on our newly extended $150 million term loan, SOFR plus 95 basis points on our $200 million term loan and SOFR plus 85 basis points on our $750 million unsecured revolving c…
Why it matters: Interest rates affect how much it costs to borrow money. This impacts financial health. Stability helps use capital better.
Supportive ifInterest rates on term loans remain stable or decrease from current levels.
Worry ifInterest rates on term loans rise a lot above current levels.
Why it matters: Changes in interest rates affect how much it costs to borrow money. This can hurt profits.
Watch forInterest rates on term loans decrease below SOFR plus 85 basis points.
Also watch forInterest rates on term loans increase above SOFR plus 95 basis points.
Why it matters: A rebound in revenue growth could signal a positive shift in the real estate sector.
Supportive ifReal estate revenue growth exceeds 4% year over year.
Worry ifRevenue growth remains below 4% year over year.
Why it matters: The earnings report will provide updates on financial health and performance. It is a key event for investors to assess the company's outlook.
Watch forThe earnings report shows better numbers. This includes revenue and occupancy rates.
Also watch forThe earnings report shows lower numbers. This includes revenue and occupancy rates.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$106 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $251 loss on $10,000 · 2.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,401 loss on $10,000 · 34.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Revenue growth is important for financial health. Faster growth shows strong demand and good operations.
Supportive ifRevenue growth exceeds 10% year over year in the next earnings report.
Worry ifRevenue growth falls below 5% year over year in the next earnings report.
Why it matters: Extending the loan term helps keep finances stable. It also reduces refinancing risks.
Supportive ifManagement says they have extended the $150M term loan maturity past June 2029.
Worry ifManagement says there are problems with extending the loan or delays in the process.
Why it matters: If revenue growth picks up, it may signal a positive shift in the real estate sector. This could help Highwoods Properties improve its financial outlook.
Supportive ifRevenue growth is over 5% year over year. This shows the sector is recovering.
Worry ifRevenue growth is under 2% year over year. This shows the sector is still weak.
Why it matters: Changes in interest rates can affect borrowing costs. This impacts Highwoods Properties' financial health.
Watch forManagement reports lower interest rates on term loans. This helps reduce capital costs.
Also watch forManagement says interest rates on term loans are going up. This raises borrowing costs.