NYSE:HHCHoward Hughes Stock Price, Forecast & News

$50.65

-0.15 (-0.30 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$50.27

Now: $50.65▼

$52.23

50-Day Range

$42.58

MA: $51.26▼

$59.35

52-Week Range

$35.10

Now: $50.65▼

$135.42

Volume545,132 shs

Average Volume582,302 shs

Market Capitalization$2.78 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.65

The Howard Hughes Corporation owns, manages, and develops commercial, residential, and hospitality operating properties in the United States. It operates through three segments: Operating Assets, Master Planned Communities, and Strategic Developments. The Operating Assets segment owns 15 retail, 28 office, 8 multi-family, and 4 hospitality properties, as well as 10 other operating assets and investments primarily located and around The Woodlands, Texas; Columbia, Maryland; New York, New York; Las Vegas, Nevada; and Honolulu, Hawai'i. 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; 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, 2018, this segment had 10,543 remaining saleable acres of land. The Strategic Development segment comprises residential condominium and commercial property projects. This segment consist of 29 development or redevelopment projects. The company was founded in 2010 and is headquartered in Dallas, Texas.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Howard Hughes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $70.00, Howard Hughes has a potential upside of 38.2% from its current price of $50.65.
Amount of Analyst Coverage
Howard Hughes has only been the subject of 2 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Howard Hughes has received 369 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Howard Hughes has received 267 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Howard Hughes has received 58.02% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Howard Hughes does not currently pay a dividend.
Dividend Growth
Howard Hughes does not have a long track record of dividend growth.

5.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Howard Hughes insiders have bought 248.68% more of their company's stock than they have sold. Specifically, they have bought $659,766.00 in company stock and sold $189,220.00 in company stock.
Percentage Held by Insiders
35.70% of the stock of Howard Hughes is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
90.66% of the stock of Howard Hughes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Howard Hughes are expected to grow in the coming year, from ($6.58) to $0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Howard Hughes is -26.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Howard Hughes is -26.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Howard Hughes has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.43 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryReal Estate Development

SectorFinance

Current SymbolNYSE:HHC

Previous Symbol

CUSIP44267D10

CIK1498828

Webwww.howardhughes.com

Phone214-741-7744

Debt

Debt-to-Equity Ratio1.16

Current Ratio1.91

Quick Ratio1.91

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion

Price / Sales2.14

Cash Flow$5.88 per share

Price / Cash Flow8.62

Book Value$68.68 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$1.71

Net Income$73.96 million

Net Margins-7.40%

Return on Equity-0.99%

Return on Assets-0.41%

Miscellaneous

Employees1,500

Outstanding Shares54,930,000

Market Cap$2.78 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Howard Hughes (NYSE:HHC) Frequently Asked Questions

How has Howard Hughes' stock been impacted by COVID-19 (Coronavirus)?

Howard Hughes' stock was trading at $89.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HHC shares have decreased by 43.1% and is now trading at $50.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Howard Hughes?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Hughes in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Howard Hughes.

When is Howard Hughes' next earnings date?

Howard Hughes is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Howard Hughes.

How were Howard Hughes' earnings last quarter?

Howard Hughes Corp (NYSE:HHC) issued its earnings results on Monday, May, 11th. The financial services provider reported ($2.88) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.22) by $2.66. The financial services provider earned $175.20 million during the quarter, compared to analyst estimates of $236.14 million. Howard Hughes had a negative return on equity of 0.99% and a negative net margin of 7.40%. The company's quarterly revenue was down 50.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.74 earnings per share. View Howard Hughes' earnings history.

What price target have analysts set for HHC?

2 brokerages have issued 1-year target prices for Howard Hughes' stock. Their forecasts range from $60.00 to $80.00. On average, they expect Howard Hughes' stock price to reach $70.00 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts' price targets for Howard Hughes.

Has Howard Hughes been receiving favorable news coverage?

News headlines about HHC stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Howard Hughes earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutHoward Hughes.

Who are some of Howard Hughes' key competitors?

Some companies that are related to Howard Hughes include WP Carey (WPC), Medical Properties Trust (MPW), VICI Properties (VICI), ANNALY CAP MGMT/SH (NLY), Camden Property Trust (CPT), Host Hotels and Resorts (HST), CyrusOne (CONE), SINO LD LTD/S (SNLAY), American Homes 4 Rent (AMH), Iron Mountain (IRM), Regency Centers (REG), Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Vornado Realty Trust (VNO) and AmeriCold Realty Trust (COLD). View all competitors.

What other stocks do shareholders of Howard Hughes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Howard Hughes investors own include Esperion Therapeutics (ESPR), Gilead Sciences (GILD), NVIDIA (NVDA), Walt Disney (DIS), American Express (AXP), Alibaba Group (BABA), Carnival (CCL), Micron Technology (MU), CVS Health (CVS) and L Brands (LB).

Who are Howard Hughes' key executives?

Howard Hughes' management team includes the following people:

Mr. David R. Weinreb, CEO & Director (Age 54)
Mr. Grant D. Herlitz CPA, Pres (Age 47)
Mr. David R. O'Reilly, Chief Financial Officer (Age 45)
Mr. Peter F. Riley, Sr. Exec. VP, Sec. & Gen. Counsel (Age 63)
Mr. Paul H. Layne, Pres of Central Region (Age 61)

What is Howard Hughes' stock symbol?

Howard Hughes trades on the New York Stock Exchange (NYSE) under the ticker symbol "HHC."

Who are Howard Hughes' major shareholders?

Howard Hughes' stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (6.10%), Principal Financial Group Inc. (4.67%), BlackRock Inc. (4.37%), Horizon Kinetics Asset Management LLC (2.50%), New South Capital Management Inc. (2.15%) and Fiduciary Management Inc. WI (1.53%). Company insiders that own Howard Hughes stock include Adam R Flatto, Allen J Model, David Weinreb, Grant Herlitz, Greg Fitchitt, Jeffrey D Furber, Kevin Orrock, Paul H Layne, Pershing Square Capital Manage, Sarah M Vasquez and Simon Joseph Treacy. 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 Advisory Research Inc., UBS Group AG, Jennison Associates LLC, St. James Investment Company LLC, New South Capital Management Inc., Horizon Kinetics Asset Management LLC, First Trust Advisors LP, and Comerica Bank. Company insiders that have sold Howard Hughes company stock in the last year include Kevin Orrock, and Sarah M Vasquez. View insider buying and selling activity 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 Baillie Gifford & Co., BlackRock Inc., Principal Financial Group Inc., Senvest Management LLC, Fiduciary Management Inc. WI, Donald Smith & CO. Inc., PM CAPITAL Ltd, and Vision Capital Corp. Company insiders that have bought Howard Hughes stock in the last two years include Adam R Flatto, Allen J Model, David Weinreb, Grant Herlitz, Greg Fitchitt, Jeffrey D Furber, Paul H Layne, Pershing Square Capital Manage, Sarah M Vasquez, and Simon Joseph Treacy. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Howard Hughes' stock price today?

One share of HHC stock can currently be purchased for approximately $50.65.

How big of a company is Howard Hughes?

Howard Hughes has a market capitalization of $2.78 billion and generates $1.30 billion in revenue each year. The financial services provider earns $73.96 million in net income (profit) each year or $1.71 on an earnings per share basis. Howard Hughes employs 1,500 workers across the globe.

What is Howard Hughes' official website?

The official website for Howard Hughes is www.howardhughes.com.

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff