Wells Fargo sets USD 32.00 target for Highwoods Properties stock
Published on 10/17/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and scheduled results
- On October 16, 2026, Wells Fargo analyst Blaine Heck set a USD 32.00 target, 9.07 percent above the closing price.
- Highwoods Properties reported second-quarter revenue of USD 216.38 million, up 7.87 percent from USD 200.60 million a year earlier.
- Highwoods Properties stock closed at USD 29.34 on October 16, 2026 at 4:00 p.m. EDT, up 0.45 percent on the NYSE.
- The company had a USD 3.2 billion market capitalization and a P/E ratio of 19.30 on October 16, 2026.
Wells Fargo set a USD 32.00 target for Highwoods Properties on October 16, 2026, while analyst Blaine Heck maintained a Hold rating, as Markets Insider reported. The target is 9.07 percent above the USD 29.34 closing price. Highwoods Properties stock closed at USD 29.34 on the NYSE on October 16, 2026 at 4:00 p.m. EDT, up 0.45 percent on the day.
Revenue rose in the second quarter
Highwoods Properties generated USD 216.38 million in revenue in the second quarter ended June 30, 2026, compared with USD 200.60 million a year earlier. That 7.87 percent increase came alongside net profit of USD 94.05 million, versus USD 18.86 million in the prior-year quarter, according to Markets Insider.
Range and trading activity
The October 16 closing price stood 17.21 percent below the USD 35.44 52-week high and 43.52 percent above the USD 20.45 low. Trading volume was 691,739 shares, compared with an average volume of 1,224,671 shares. The stock's year-to-date return was 13.37 percent as of October 16, 2026, according to Simply Wall St.
Valuation meets the next date
Highwoods Properties had a market capitalization of USD 3.2 billion, a P/E ratio of 19.30 and a trailing dividend yield of 7.00 percent on October 16, 2026. Its investor page lists the release of third-quarter results after the market close on October 27, 2026, followed by an earnings call on October 28 at 11:00 a.m. ET, according to Highwoods Properties.
Comparison with peers
Highwoods Properties (NYSE, USD): plus 0.45 percent, P/E 19.30, market capitalization USD 3.2 billion
COPT Defense Properties (NYSE, USD): plus 0.24 percent, P/E 22.96, market capitalization USD 3.8 billion
SL Green Realty (NYSE, USD): minus 0.19 percent, P/E minus 18.58, market capitalization USD 3.3 billion
Dates now shape the setup
For investors, the October 27 results date provides the next company-specific checkpoint, while the USD 32.00 Wells Fargo target offers a quantified comparison with the latest NYSE close. Highwoods operates as an office-focused real estate investment trust with properties in major U.S. business districts.
The October 16 closing price was USD 29.34 on the NYSE, with the stock up 0.45 percent on the session. The company is scheduled to report third-quarter results after the market close on October 27, 2026.
Highwoods Properties market data
- Company: Highwoods Properties, Inc.
- ISIN: US4312841087
- Ticker: HIW
- Primary exchange: NYSE
- Price on NYSE (as of October 16, 2026, 4:00 p.m. EDT): USD 29.34
- Change on NYSE: plus 0.45 percent
- Market capitalization: USD 3.2 billion (as of October 16, 2026)
- 52-week range: USD 20.45-35.44 (as of October 16, 2026)
- Sector / Industry: Real Estate / REIT - Office
- Index membership: S&P MidCap 400
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
