About Howard Hughes (NYSE:HHC)
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
Industry REAL ESTATE
Sub-IndustryReal Estate Development
Trailing P/E Ratio35.3692307692308
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales5.44
Cash Flow$4.78 per share
Price / Cash28.85
Book Value$74.29 per share
Price / Book1.86
Net Income$168.40 million
Return on Equity2.52%
Return on Assets1.12%
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 Co. (NYSE:HHC) posted its earnings results on Monday, February, 26th. The financial services provider reported $3.46 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $3.19. The financial services provider had revenue of $300.98 million for the quarter, compared to analyst estimates of $239.83 million. Howard Hughes had a net margin of 15.31% and a return on equity of 2.52%. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. View Howard Hughes' Earnings History.
When will Howard Hughes make its next earnings announcement?
Where is Howard Hughes' stock going? Where will Howard Hughes' stock price be in 2018?
2 brokers have issued 12-month price objectives for Howard Hughes' shares. Their predictions range from $140.00 to $150.00. On average, they expect Howard Hughes' share price to reach $145.00 in the next year. View Analyst Ratings for Howard Hughes.
Who are some of Howard Hughes' key competitors?
Some companies that are related to Howard Hughes include Sino Land (SNLAY), Zillow Group (Z), HCP (HCP), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Regency Centers (REG), UDR (UDR), Land Securities Gp (LSGOF), Duke Realty (DRE), Iron Mountain Incorporated (Delaware) REIT (IRM), City Developments (CDEVY), SL Green Realty (SLG), British Land (BTLCY), Federal Realty Investment Trust (FRT), Segro (SEGXF), Macerich (MAC), Jones Lang LaSalle (JLL) and Camden Property Trust (CPT).
Who are Howard Hughes' key executives?
Howard Hughes' management team includes the folowing people:
- Mr. David R. Weinreb, CEO & Director (Age 53)
- Mr. Grant Herlitz CPA, Pres (Age 46)
- Mr. David R. O'Reilly, CFO & Principal Accounting Officer (Age 44)
- Mr. Christopher J. Curry, Sr. Exec. VP of Acquisitions and Devel. (Age 56)
- Mr. Saul Adam Scherl, Exec. VP of New York Tri-State Region (Age 52)
Has Howard Hughes been receiving favorable news coverage?
News coverage about HHC stock has been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Howard Hughes earned a media sentiment score of 0.19 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 45.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Howard Hughes' major shareholders?
Howard Hughes' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.76%), Caledonia Private Investments Pty Ltd (2.57%), Jennison Associates LLC (1.73%), Villere ST Denis J & Co. LLC (1.48%), Cardinal Capital Management LLC CT (1.25%) and Allianz Asset Management GmbH (1.25%). Company insiders that own Howard Hughes stock include Christopher John Curry, David Weinreb, Grant Herlitz, Pershing Square Capital Manage and Reuben Seth Davidsohn. View Institutional Ownership Trends for Howard Hughes.
Which institutional investors are selling Howard Hughes stock?
HHC stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Deutsche Bank AG, Wells Fargo & Company MN, Keeley Teton Advisors LLC, Goldman Sachs Group Inc., Cardinal Capital Management LLC CT, Swift Run Capital Management LLC and Levin Capital Strategies L.P.. Company insiders that have sold Howard Hughes company stock in the last year include Christopher John Curry and Pershing Square Capital Manage. View Insider Buying and Selling for Howard Hughes.
Which institutional investors are buying Howard Hughes stock?
HHC stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Paloma Partners Management Co, Jennison Associates LLC, Allianz Asset Management GmbH, PenderFund Capital Management Ltd., Locust Wood Capital Advisers LLC, Caledonia Private Investments Pty Ltd and Bank of Montreal Can. 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 $137.94.
How big of a company is Howard Hughes?
Howard Hughes has a market capitalization of $5.98 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 $3.90 on an earnings per share basis. Howard Hughes employs 1,100 workers across the globe.
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 (HHC)MarketBeat's community ratings are surveys of what our community members think about Howard Hughes 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.
Howard Hughes (NYSE:HHC) Earnings History and Estimates Chart
Howard Hughes (NYSE HHC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018||Q4 2017||$0.27||$3.46||$239.83 million||$300.98 million||View||N/A|
|11/6/2017||Q3 2017||$0.74||$0.24||$336.11 million||$258.74 million||View||N/A|
|8/7/2017||Q2 2017||$0.87||$0.07||$217.47 million||$308.60 million||View||Listen|
|5/3/2017||Q1 2017||$0.13||$231.76 million||View||N/A|
|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|
|5/2/2016||Q1 2016||$2.69||$239.67 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|
|3/2/2015||Q4 2014||($1.29)||$207.05 million||View||N/A|
|11/10/2014||Q314||$0.39||$0.48||$137.30 million||$119.23 million||View||N/A|
|8/7/2014||Q2 2014||$1.59||$209.63 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|
|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|
Howard Hughes (NYSE:HHC) Earnings Estimates
2018 EPS Consensus Estimate: $1.10
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Howard Hughes (NYSE:HHC)
No dividend announcements for this company have been tracked by MarketBeat.com
Howard Hughes (NYSE HHC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 20.70%
Institutional Ownership Percentage: 83.89%
Howard Hughes (NYSE HHC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/2/2018||Pershing Square Capital Manage||Director||Sell||2,500,000||$127.86||$319,650,000.00|| |
|6/5/2017||Christopher John Curry||EVP||Sell||30,000||$126.62||$3,798,600.00||42,935|| |
|3/17/2017||Reuben Seth Davidsohn||Insider||Sell||5,981||$118.78||$710,423.18||25,684|| |
|3/8/2017||Christopher John Curry||EVP||Sell||48,317||$116.34||$5,621,199.78||61,252|| |
|1/4/2017||Grant Herlitz||President||Sell||110,000||$113.01||$12,431,100.00||348,084|| |
|1/4/2017||Reuben Seth Davidsohn||Insider||Sell||6,950||$113.84||$791,188.00||24,612|| |
|6/1/2016||David Weinreb||CEO||Buy||13||$109.34||$1,421.42||10,013|| |
|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||12,624|| |
|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|| |
Howard Hughes (NYSE HHC) News Headlines
Howard Hughes (NYSE:HHC) SEC Filings
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Howard Hughes (NYSE:HHC) Income Statement, Balance Sheet and Cash Flow Statement
Howard Hughes (NYSE HHC) Stock Chart for Monday, March, 19, 2018