The Howard Hughes Corporation is a developer of master planned communities and mixed use properties. The Company is engaged in the ownership, management and the redevelopment or repositioning of real estate assets, as well as other real estate opportunities in the form of entitled and unentitled land and other development rights, also called Strategic Developments. It operates through three segments: Master Planned Communities, Operating Assets and Strategic Developments. Its Master Planned Communities segment consists of the development and sale of residential land and the development of commercial land to hold, develop or sell. Its master planned communities include The Woodlands, Summerlin, Maryland, Bridgeland and The Woodlands Hills. As of December 31, 2016, its Operating Assets segment included 54 properties, investments and other assets. As of December 31, 2016, the Strategic Developments segment included 23 development projects.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Real Estate Development & Operations
- Sub-Industry: Real Estate Development
- Symbol: NYSE:HHC
- CUSIP: 44267D10
- Web: www.howardhughes.com
Capitalization:- Market Cap: $4.99331 billion
- Outstanding Shares: 42,838,000
Average Prices:- 50 Day Moving Avg: $118.93
- 200 Day Moving Avg: $121.48
- 52 Week Range: $101.20 - $131.39
P/E:- Trailing P/E Ratio: 82.60
- Foreward P/E Ratio: 53.61
- P/E Growth: 5.21
Sales & Book Value:- Annual Revenue: $1.06 billion
- Price / Sales: 4.68
- Book Value: $69.18 per share
- Price / Book: 1.67
Profitability:- EBIDTA: $295.39 million
- Net Margins: 5.69%
- Return on Equity: 4.80%
- Return on Assets: 1.98%
Debt:- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 1.79%
- Quick Ratio: 1.79%
Misc:- Average Volume: 174,252 shs.
- Beta: 1.43
- Short Ratio: 7.58
Frequently Asked Questions for Howard Hughes Corporation (The) (NYSE:HHC)
What is Howard Hughes Corporation (The)'s stock symbol?
Howard Hughes Corporation (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "HHC."
How were Howard Hughes Corporation (The)'s earnings last quarter?
Howard Hughes Corporation (The) (NYSE:HHC) released its quarterly earnings results on Monday, August, 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.80. The company earned $308.60 million during the quarter, compared to the consensus estimate of $217.47 million. Howard Hughes Corporation (The) had a return on equity of 4.80% and a net margin of 5.69%. Howard Hughes Corporation (The)'s quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. View Howard Hughes Corporation (The)'s Earnings History.
When will Howard Hughes Corporation (The) make its next earnings announcement?
Where is Howard Hughes Corporation (The)'s stock going? Where will Howard Hughes Corporation (The)'s stock price be in 2017?
3 analysts have issued twelve-month price objectives for Howard Hughes Corporation (The)'s stock. Their forecasts range from $123.00 to $160.00. On average, they expect Howard Hughes Corporation (The)'s share price to reach $144.33 in the next year. View Analyst Ratings for Howard Hughes Corporation (The).
Who are some of Howard Hughes Corporation (The)'s key competitors?
Some companies that are related to Howard Hughes Corporation (The) include Brookfield Property Partners L.P. (BPY), Capital & Counties Properties PLC (CAPC), Alexander & Baldwin Holdings (ALEX), Redfin Corp. (RDFN), Five Point Holdings, LLC (FPH), Gazit-Globe (GZT), Kennedy Wilson Europe Real Estate PLC (KWE), St. Joe Company (The) (JOE), St. Modwen Properties plc (SMP), CLS Holdings plc (CLI), RMR Group (RMR), Forestar Group (FOR), Sirius Real Estate Limited (SRE), Watkin Jones PLC (WJG), Urban&Civic PLC (UANC), Helical PLC (HLCL), Raven Russia Limited (RUS) and Consolidated-Tomoka Land (CTO).
Who are Howard Hughes Corporation (The)'s key executives?
Howard Hughes Corporation (The)'s management team includes the folowing people:
- William A. Ackman, Independent Chairman of the Board
- Grant D. Herlitz, President
- David R. Weinreb, Chief Executive Officer, Director
- David R. O'Reilly, Chief Financial Officer
- Christopher John Curry, Senior Executive Vice President - Acquisitions and Development
- Saul Scherl, Executive Vice President
- Peter Riley, Senior Vice President, General Counsel, Secretary
- Reuben Seth Davidsohn, Chief Administrative Officer
- Adam Flatto, Independent Director
- Jeffrey Davis Furber, Independent Director
Who owns Howard Hughes Corporation (The) stock?
Howard Hughes Corporation (The)'s stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.96%), Baillie Gifford & Co. (4.25%), BlackRock Inc. (3.96%), Harris Associates L P (3.67%), Nomura Holdings Inc. (3.48%) and SG Americas Securities LLC (3.14%). Company insiders that own Howard Hughes Corporation (The) stock include Christopher John Curry, David Weinreb, Grant Herlitz, Pershing Square Capital Manage and Reuben Seth Davidsohn. View Institutional Ownership Trends for Howard Hughes Corporation (The).
Who sold Howard Hughes Corporation (The) stock? Who is selling Howard Hughes Corporation (The) stock?
Howard Hughes Corporation (The)'s stock was sold by a variety of institutional investors in the last quarter, including Consulta Ltd, Capital Research Global Investors, BlackRock Inc., Villere ST Denis J & Co. LLC, Locust Wood Capital Advisers LLC, New York State Common Retirement Fund, Monarch Partners Asset Management LLC and Seizert Capital Partners LLC. Company insiders that have sold Howard Hughes Corporation (The) stock in the last year include Christopher John Curry, Grant Herlitz and Reuben Seth Davidsohn. View Insider Buying and Selling for Howard Hughes Corporation (The).
Who bought Howard Hughes Corporation (The) stock? Who is buying Howard Hughes Corporation (The) stock?
Howard Hughes Corporation (The)'s stock was bought by a variety of institutional investors in the last quarter, including Caledonia Private Investments Pty Ltd, Janus Henderson Group PLC, Schroder Investment Management Group, JPMorgan Chase & Co., Canada Pension Plan Investment Board, Principal Financial Group Inc., Balyasny Asset Management LLC and Quantitative Investment Management LLC. Company insiders that have bought Howard Hughes Corporation (The) stock in the last two years include David Weinreb and Pershing Square Capital Manage. View Insider Buying and Selling for Howard Hughes Corporation (The).
How do I buy Howard Hughes Corporation (The) stock?
Shares of Howard Hughes Corporation (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Howard Hughes Corporation (The)'s stock price today?
One share of Howard Hughes Corporation (The) stock can currently be purchased for approximately $115.80.
MarketBeat Community Rating for Howard Hughes Corporation (The) (NYSE HHC)MarketBeat's community ratings are surveys of what our community members think about Howard Hughes Corporation (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Howard Hughes Corporation (The) (NYSE:HHC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $144.33 (24.64% upside) |
Analysts' Ratings History for Howard Hughes Corporation (The) (NYSE:HHC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/8/2017 | BWS Financial | Initiated Coverage | Buy | $150.00 | Low |  |
| 3/30/2017 | Sandler O'Neill | Initiated Coverage | Hold -> Hold | $123.00 | Low | |
| 10/31/2016 | CJS Securities | Initiated Coverage | Outperform | $160.00 | N/A | |
| 8/10/2016 | Citigroup Inc. | Boost Price Target | Buy | $165.00 -> $166.00 | N/A | |
| 5/23/2016 | Compass Point | Lower Price Target | Buy | $200.00 -> $195.00 | N/A | |
| 11/24/2015 | JMP Securities | Lower Price Target | Market Outperform | $180.00 -> $170.00 | N/A | |
(Data available from 9/23/2015 forward)
Earnings History for Howard Hughes Corporation (The) (NYSE:HHC)Earnings History by Quarter for Howard Hughes Corporation (The) (NYSE HHC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/14/2017 | | | | | | | | |
| 8/7/2017 | Q2 2017 | $0.87 | $0.07 | $217.47 million | $308.60 million | View | Listen | |
| 2/23/2017 | Q416 | $0.66 | $1.69 | $262.49 million | $278.55 million | View | N/A | |
| 11/8/2016 | Q3 | $1.21 | $1.10 | $269.30 million | $240.80 million | View | N/A | |
| 8/8/2016 | Q2 | $0.75 | $1.58 | $239.99 million | $272.20 million | View | N/A | |
| 2/29/2016 | Q4 | ($0.08) | $0.59 | $124.40 million | $229.40 million | View | N/A | |
| 11/9/2015 | Q3 | $0.01 | $0.28 | $119.20 million | $203.40 million | View | N/A | |
| 8/10/2015 | Q2 | $0.17 | $0.18 | $148.00 million | $209.20 million | View | N/A | |
| 5/11/2015 | Q115 | $0.07 | $0.56 | $122.47 million | $155.10 million | View | N/A | |
| 11/10/2014 | Q314 | $0.39 | $0.48 | $137.30 million | $119.23 million | View | N/A | |
| 5/8/2014 | Q114 | $0.26 | ($2.19) | $89.10 million | $90.65 million | View | N/A | |
| 2/27/2014 | Q413 | $0.32 | $1.04 | $101.50 million | $133.95 million | View | N/A | |
| 11/7/2013 | Q313 | $0.55 | $0.26 | $98.50 million | $103.51 million | View | N/A | |
| 8/8/2013 | Q213 | $0.39 | $1.00 | $68.81 million | $66.02 million | View | N/A | |
| 5/9/2013 | Q113 | | $0.28 | | | View | N/A | |
| 3/1/2013 | Q4 2012 | | ($0.01) | $85.09 million | $108.37 million | View | N/A | |
| 11/9/2012 | Q312 | | ($1.30) | $86.67 million | $94.82 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Howard Hughes Corporation (The) (NYSE:HHC)2017 EPS Consensus Estimate: $2.95
2018 EPS Consensus Estimate: $4.01
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 1 | $0.87 | $0.87 | $0.87 |
| Q3 2017 | 1 | $1.03 | $1.03 | $1.03 |
| Q4 2017 | 1 | $1.05 | $1.05 | $1.05 |
| Q1 2018 | 1 | $0.99 | $0.99 | $0.99 |
| Q2 2018 | 1 | $0.93 | $0.93 | $0.93 |
| Q3 2018 | 1 | $0.99 | $0.99 | $0.99 |
| Q4 2018 | 1 | $1.10 | $1.10 | $1.10 |
(Data provided by Zacks Investment Research)
Dividend History for Howard Hughes Corporation (The) (NYSE:HHC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Howard Hughes Corporation (The) (NYSE:HHC)Insider Ownership Percentage: 20.70%
Institutional Ownership Percentage: 83.87%
Insider Trades by Quarter for Howard Hughes Corporation (The) (NYSE:HHC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/5/2017 | Christopher John Curry | EVP | Sell | 30,000 | $126.62 | $3,798,600.00 | |
| 3/17/2017 | Reuben Seth Davidsohn | Insider | Sell | 5,981 | $118.78 | $710,423.18 | |
| 3/8/2017 | Christopher John Curry | EVP | Sell | 48,317 | $116.34 | $5,621,199.78 | |
| 1/4/2017 | Grant Herlitz | President | Sell | 110,000 | $113.01 | $12,431,100.00 | |
| 1/4/2017 | Reuben Seth Davidsohn | Insider | Sell | 6,950 | $113.84 | $791,188.00 | |
| 6/1/2016 | David Weinreb | CEO | Buy | 13 | $109.34 | $1,421.42 | |
| 12/31/2015 | Pershing Square Capital Manage | Director | Buy | 591,389 | $113.16 | $66,921,579.24 | |
| 8/15/2013 | Jeffrey Furber | Director | Buy | 1,000 | $104.43 | $104,430.00 | |
| 8/13/2013 | Mary Ann Tighe | Director | Buy | 4,626 | $107.43 | $496,971.18 | |
| 6/11/2013 | Mary Ann Tighe | Director | Buy | 4,760 | $105.14 | $500,466.40 | |
| 6/3/2013 | David Weinreb | CEO | Buy | 10,000 | $99.56 | $995,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Howard Hughes Corporation (The) (NYSE:HHC)
Latest Headlines for Howard Hughes Corporation (The) (NYSE:HHC)
| Source: |
|
Howard Hughes Corporation (The) (HHC) Chart for Saturday, September, 23, 2017
