Highwoods Properties Inc. - HIW STOCK NEWS

Highwoods Properties (NYSE:HIW) has reported no notable damage to its Florida properties following Hurricane Milton. The company conducted a thorough assessment of its buildings in Orlando and Tampa after the storm. Ted Klinck, President and CEO, expressed gratitude for the safety of all Highwoods employees in the affected areas and praised the team's preparation efforts. He also extended thoughts and prayers to those severely impacted by both Hurricane Helene and Hurricane Milton, acknowledging the need for community support in the aftermath of these natural disasters.

Highwoods Properties (NYSE:HIW) has announced the release date for its third quarter 2024 results. The company will publish its financial results on Tuesday, October 22nd, 2024, after the market closes. Following the release, Highwoods will host a conference call on Wednesday, October 23rd, at 11:00 A.M. Eastern time to discuss the results.

For those wishing to participate in the call, US and Canadian callers can dial (833) 470-1428, while international callers should use (404) 975-4839. The access code for all participants is 628980. Additionally, a live, listen-only webcast will be available on the company's website at www.highwoods.com. Investors can access this through the "Highwoods Properties Q3 Earnings Call" link in the "Investors" section. A replay of the call will also be made available on the website for those unable to attend the live event.

Highwoods Properties (NYSE:HIW) has reported no notable damage to its properties in Florida, Georgia, North Carolina, and Tennessee following Hurricane Helene. The company conducted a thorough assessment of its buildings in these states after the storm. Ted Klinck, President and CEO, expressed gratitude for the safety of all Highwoods employees and praised the team's preparatory efforts. He also extended thoughts and prayers to those severely impacted by the hurricane.

Highwoods Properties (NYSE:HIW) has reported strong second-generation leasing activity, signing 738,000 square feet of leases since July 1, 2024, including over 400,000 square feet of new leases. A notable highlight is a long-term lease for 104,000 square feet at Two Alliance Center in Atlanta's Buckhead BBD with a new customer, set to commence in 2026. This lease will significantly backfill space vacated by a customer in Q3 2024.

CEO Ted Klinck emphasized that office users are favoring high-quality buildings with well-capitalized landlords. Highwoods has seen a 37% increase in new deals compared to all of 2023, with the majority of these leases expected to benefit the company from mid-2025 onwards. The company remains optimistic about its leasing pipeline momentum.

Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2024 financial results. The company, a prominent player in the real estate sector, has made the detailed report available on its official website. Investors and interested parties can access the comprehensive results by visiting the investors section at www.highwoods.com or by clicking on the provided link. This release is important for stakeholders to assess Highwoods' performance and financial health for the quarter ended June 30, 2024.

While specific financial figures are not disclosed in this announcement, the availability of the full report suggests transparency and compliance with regulatory requirements for publicly traded companies. Analysts and shareholders will likely scrutinize the results for key metrics such as revenue, net income, occupancy rates, and any guidance for future quarters.

Highwoods Properties (NYSE:HIW) has declared a quarterly cash dividend of $0.50 per share of common stock for Q2 2024, equivalent to an annualized dividend of $2.00 per share. This dividend will be paid on September 10, 2024, to shareholders of record as of August 19, 2024. Additionally, the company announced a cash dividend of $21.5625 per share for its 8 5/8% Series A Cumulative Redeemable Preferred Stock, payable on September 3, 2024, to holders of record as of August 15, 2024. These dividend declarations demonstrate Highwoods' commitment to providing regular returns to its shareholders.

Highwoods Properties (NYSE:HIW) will announce its second quarter 2024 financial results on Tuesday, July 23rd, after the market closes. The following day, Wednesday, July 24th, at 11:00 A.M. Eastern time, the company will hold a conference call to discuss the results. U.S. and Canadian participants can join the call by dialing (833) 470-1428 with access code 794414, while international callers should dial (929) 526-1599 using the same code. A live, listen-only webcast will be available on Highwoods' website under the "Investors" section, with a replay accessible post-call.

Highwoods Properties (NYSE: HIW) announced that Ted Klinck, President and CEO, will present at Nareit’s REITweek: 2024 Investor Conference on June 5, 2024, at 9:30 AM ET. The presentation will last approximately 30 minutes and will be available via live webcast on the company's website. A replay will be accessible an hour after the presentation ends.

Highwoods Properties (NYSE: HIW) has released its 2023 Corporate Resiliency Report, detailing its ESG initiatives and achievements. The company earned a Green Star rating from GRESB for the fourth year, a 'Low ESG Risk Profile' from Sustainalytics, an A rating from MSCI, and a low-risk ISS Governance Quality Score with an ESG Prime badge. Highwoods also received 100 ENERGY STAR certifications, covering 69% of its total square footage, advanced to Gold level in the Green Lease Leader designation, and was recognized by Newsweek as one of America's Most Responsible Companies. Notably, the company met its 20% energy and GHG reduction goals three years ahead of schedule and set new, more ambitious targets. CEO Ted Klinck emphasized their commitment to economic, social, and environmental pillars, contributing to resilience in varying economic cycles.