Howard Hughes (HHC) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Hughes in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HHC shares.
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4 analysts have issued 1 year price objectives for Howard Hughes' stock. Their HHC share price forecasts range from $90.00 to $95.00. On average, they predict the company's share price to reach $91.67 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
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Howard Hughes' stock was trading at $76.42 at the start of the year. Since then, HHC stock has increased by 3.9% and is now trading at $79.39.
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Howard Hughes saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,120,000 shares, a drop of 9.0% from the April 15th total of 2,330,000 shares. Based on an average daily trading volume, of 205,600 shares, the days-to-cover ratio is currently 10.3 days. Currently, 4.3% of the shares of the company are sold short.
View Howard Hughes' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our HHC earnings forecast.

The Howard Hughes Co. (NYSE:HHC) posted its quarterly earnings data on Monday, May, 8th. The financial services provider reported ($0.46) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.01. The financial services provider earned $196.29 million during the quarter, compared to analyst estimates of $199.10 million. Howard Hughes had a trailing twelve-month return on equity of 4.50% and a net margin of 10.01%. During the same quarter in the prior year, the business earned $0.04 earnings per share.

ETFs with the largest weight of Howard Hughes (NYSE:HHC) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Amplify Inflation Fighter ETF (IWIN), First Trust Mid Cap Value AlphaDEX Fund (FNK), Dimensional US Small Cap Value ETF (DFSV), FlexShares Global Quality Real Estate Index Fund (GQRE) and Avantis U.S. Small Cap Value ETF (AVUV).

Howard Hughes declared that its board has approved a share repurchase plan on Tuesday, March 15th 2022, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Based on aggregate information from My MarketBeat watchlists, some companies that other Howard Hughes investors own include Gilead Sciences (GILD), NVIDIA (NVDA), Esperion Therapeutics (ESPR), Walt Disney (DIS), Carnival Co. & (CCL), AT&T (T), CVS Health (CVS), QUALCOMM (QCOM), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

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

Howard Hughes' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (5.27%), Barrow Hanley Mewhinney & Strauss LLC (4.50%), Principal Financial Group Inc. (4.33%), Dimensional Fund Advisors LP (3.81%), BlackRock Inc. (3.36%) and New South Capital Management Inc. (1.38%). Insiders that own company stock include Allen J Model, David Michael Striph, Douglas Johnstone, James Carman, Pershing Square Capital Manage and Peter F Riley.
View institutional ownership trends.

Shares of HHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HHC stock can currently be purchased for approximately $79.39.

Howard Hughes (NYSE:HHC) has a market capitalization of $3.97 billion and generates $1.61 billion in revenue each year. The financial services provider earns $184.53 million in net income (profit) each year or $3.22 on an earnings per share basis.

The company employs 565 workers across the globe.

Howard Hughes' mailing address is 13355 Noel Road 22nd Floor, DALLAS TX, 75240. The official website for the company is www.howardhughes.com. The financial services provider can be reached via phone at (281) 719-6100, via email at andrew.davis@howardhughes.com, or via fax at 214-741-3021.