The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use real estate properties in the United States. It operates in three segments: Master Planned Communities, Operating Assets, and Strategic Developments. The Master Planned Communities segment develops and sells residential and commercial land. This segment sells residential land designated for detached and attached single family homes ranging from entry-level to luxury homes to home builders; and commercial land parcels designated for retail, office, hospitality, and high density residential projects, as well as services and other for-profit activities, and parcels designated for use by government, schools, and other not-for-profit entities. As of December 31, 2017, this segment had 11,031 remaining saleable acres of land. The Operating Assets segment owns 13 retail, 25 office, 6 multi-family, and 3 hospitality properties, as well as 10 other operating assets and investments primarily located in and around Columbia, Maryland; Honolulu, Hawaii; Las Vegas, Nevada; New York, New York; and The Woodlands, Texas. The Strategic Development segment comprises residential condominium and commercial property projects. The company was founded in 2010 and is headquartered in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryReal Estate Development
SectorFinance
Current SymbolNYSE:HHC
Previous Symbol
CUSIP44267D10
Phone214-741-7744
Debt
Debt-to-Equity Ratio1.03
Current Ratio1.28
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio67.86
Forward P/E Ratio114.20
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales4.11
Cash Flow$4.6776 per share
Price / Cash Flow22.46
Book Value$74.29 per share
Price / Book1.41
Profitability
EPS (Most Recent Fiscal Year)$1.55
Net Income$168.40 million
Net Margins18.75%
Return on Equity2.38%
Return on Assets1.07%
Miscellaneous
Employees1,100
Outstanding Shares43,030,000
Market Cap$4.62 billion
OptionableOptionable
Howard Hughes (NYSE:HHC) Frequently Asked Questions
What is Howard Hughes' stock symbol?
Howard Hughes trades on the New York Stock Exchange (NYSE) under the ticker symbol "HHC."
How were Howard Hughes' earnings last quarter?
Howard Hughes Corp (NYSE:HHC) issued its quarterly earnings data on Monday, November, 5th. The financial services provider reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.08. The financial services provider earned $257 million during the quarter, compared to analyst estimates of $191.77 million. Howard Hughes had a net margin of 18.75% and a return on equity of 2.38%. The business's quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. View Howard Hughes' Earnings History.
When is Howard Hughes' next earnings date?
What price target have analysts set for HHC?
2 Wall Street analysts have issued twelve-month price objectives for Howard Hughes' shares. Their predictions range from $150.00 to $171.00. On average, they anticipate Howard Hughes' stock price to reach $160.00 in the next year. This suggests a possible upside of 52.3% from the stock's current price. View Analyst Price Targets for Howard Hughes.
What is the consensus analysts' recommendation for Howard Hughes?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Hughes in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Howard Hughes.
Has Howard Hughes been receiving favorable news coverage?
Media coverage about HHC stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Howard Hughes earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of Howard Hughes' key competitors?
Some companies that are related to Howard Hughes include Essex Property Trust (ESS), HCP (HCP), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Gecina (GECFF), Regency Centers (REG), Duke Realty (DRE) and Klepierre (KLPEF).
Who are Howard Hughes' key executives?
Howard Hughes' management team includes the folowing people:
- Mr. Grant D. Herlitz CPA, Pres (Age 46)
- Mr. David R. O'Reilly, Chief Financial Officer (Age 44)
- Mr. Peter F. Riley, Sr. VP, Gen. Counsel & Sec. (Age 62)
- Mr. David R. Weinreb, CEO & Director (Age 53)
- Ms. Sarah M. Vasquez CRX, Exec. VP of Management & Operations (Age 56)
Who are Howard Hughes' major shareholders?
Howard Hughes' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.07%), BlackRock Inc. (4.09%), Baillie Gifford & Co. (3.92%), Jennison Associates LLC (2.50%), New South Capital Management Inc. (2.12%) and Villere ST Denis J & Co. LLC (1.51%). Company insiders that own Howard Hughes stock include Allen J Model, Christopher John Curry, David Weinreb, Grant Herlitz, Jeffrey D Furber, Paul H Layne, Pershing Square Capital Manage, Reuben Seth Davidsohn and Sarah M Vasquez. View Institutional Ownership Trends for Howard Hughes.
Which major investors are selling Howard Hughes stock?
HHC stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Renaissance Technologies LLC, Seizert Capital Partners LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., New South Capital Management Inc., Monarch Partners Asset Management LLC and FMR LLC. Company insiders that have sold Howard Hughes company stock in the last year include David Weinreb, Paul H Layne, Pershing Square Capital Manage, Reuben Seth Davidsohn and Sarah M Vasquez. View Insider Buying and Selling for Howard Hughes.
Which major investors are buying Howard Hughes stock?
HHC stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State of New Jersey Common Pension Fund D, St. James Investment Company LLC, Eagle Asset Management Inc., Allianz Asset Management GmbH, Morgan Stanley, Fiduciary Management Inc. WI and BlackRock Inc.. Company insiders that have bought Howard Hughes stock in the last two years include Allen J Model, David Weinreb, Grant Herlitz and Jeffrey D Furber. View Insider Buying and Selling for Howard Hughes.
How do I buy shares of Howard Hughes?
Shares of HHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Howard Hughes' stock price today?
One share of HHC stock can currently be purchased for approximately $105.06.
How big of a company is Howard Hughes?
Howard Hughes has a market capitalization of $4.62 billion and generates $1.10 billion in revenue each year. The financial services provider earns $168.40 million in net income (profit) each year or $1.55 on an earnings per share basis. Howard Hughes employs 1,100 workers across the globe.
What is Howard Hughes' official website?
How can I contact Howard Hughes?
Howard Hughes' mailing address is 13355 Noel Road 22nd Floor, DALLAS TX, 75240. The financial services provider can be reached via phone at 214-741-7744 or via email at [email protected]
MarketBeat Community Rating for Howard Hughes (NYSE HHC)
MarketBeat's community ratings are surveys of what our community members think about Howard Hughes and other stocks. Vote "Outperform" if you believe HHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
