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
SymbolNYSE:HHC
CUSIP44267D10
Phone214-741-7744
Debt
Debt-to-Equity Ratio0.94
Current Ratio1.60
Quick Ratio1.60
Price-To-Earnings
Trailing P/E Ratio89.09
Forward P/E Ratio42.62
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales5.40
Cash Flow$4.7601 per share
Price / Cash29.01
Book Value$74.29 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)$1.55
Net Income$168.40 million
Net Margins15.94%
Return on Equity2.29%
Return on Assets1.05%
Miscellaneous
Employees1,100
Outstanding Shares43,020,000
Market Cap$5,966.75
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) released its quarterly earnings data on Tuesday, May, 1st. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.46. The financial services provider earned $161.68 million during the quarter, compared to the consensus estimate of $266.77 million. Howard Hughes had a net margin of 15.94% and a return on equity of 2.29%. Howard Hughes's quarterly revenue was down 30.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. View Howard Hughes' Earnings History.
When is Howard Hughes' next earnings date?
What price target have analysts set for HHC?
2 equities research analysts have issued 1-year target prices for Howard Hughes' shares. Their predictions range from $150.00 to $171.00. On average, they expect Howard Hughes' stock price to reach $160.3333 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Ratings 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."
Who are some of Howard Hughes' key competitors?
Some companies that are related to Howard Hughes include Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF) and HCP (HCP).
Who are Howard Hughes' key executives?
Howard Hughes' management team includes the folowing people:
- Mr. David R. Weinreb, CEO & Director (Age 53)
- 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. Saul Adam Scherl, Pres of New York Tristate Region (Age 52)
Has Howard Hughes been receiving favorable news coverage?
Media headlines about HHC stock have trended somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Howard Hughes earned a coverage optimism score of 0.22 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Howard Hughes' major shareholders?
Howard Hughes' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (3.88%), PM CAPITAL Ltd (0.56%), Real Estate Management Services LLC (0.30%), Bank of Montreal Can (0.11%), Menlo Advisors LLC (0.11%) and Norman Fields Gottscho Capital Management LLC (0.06%). Company insiders that own Howard Hughes stock include Christopher John Curry, David Weinreb, Grant Herlitz, 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 PM CAPITAL Ltd, Baillie Gifford & Co., Tokio Marine Asset Management Co. Ltd. and Port Capital 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 Real Estate Management Services LLC, Bank of Montreal Can, Menlo Advisors LLC, Pendal Group Ltd, Palo Capital Inc., Cibc Bank USA, Legacy Financial Advisors Inc. and State of Alaska Department of Revenue. 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 $138.09.
How big of a company is Howard Hughes?
Howard Hughes has a market capitalization of $5.97 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.
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.
