|Bid||22.89 x 300|
|Day's Range||51.48 - 52.34|
|52 Week Range||45.83 - 56.23|
|PE Ratio (TTM)||42.61|
|Dividend & Yield||1.76 (3.36%)|
|1y Target Est||N/A|
CEO Michael J. DeMarco, commented: We feel that our operations, specifically distributable cash flow, have improved significantly to the point that we felt that our shareholders should receive an increase on their cash return. The firm has Mack-Cali as one of its only Buy-rated stocks among the "low barrier" office REITS. Analysts wrote June 8: In the low barrier office world, our only Buy-rated office REITs are Mack-Cali (CLI, Buy, $27.06) due to its substantial valuation discount relative to the other low barrier office REITs, Brandywine (BDN, Buy, $17.39) due to attractive valuation metrics and internal growth comparable to Manhattan-centric office REITs, and Highwoods (HIW, Buy, $50.60) due to its ability to improve all of its valuation metrics with over $350mm of development delivering in 2H17.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Highwoods Properties, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
A former bank CEO has teamed up with former Highwoods Properties executives on a new Durham-based Real Estate Investment Trust. Donald Draughon, former CEO of Durham’s KeySource Commercial Bank (now owned by Bank of North Carolina), says he’s taking full advantage of the JOBS Act with TreyNet Realty Capital REIT, Inc. The measure allows Draughon and his colleagues to actively solicit funds from accredited investors publicly. It has teamed up with Capital Bank as its lender.