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 Ratio91.30
Forward P/E Ratio43.77
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales5.55
Cash Flow$4.7744 per share
Price / Cash29.70
Book Value$74.29 per share
Price / Book1.91
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$6,109.13
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) issued 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 had revenue of $161.68 million for the quarter, compared to analysts' expectations of $266.77 million. Howard Hughes had a return on equity of 2.29% and a net margin of 15.94%. The business's revenue for the quarter was down 30.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.13 EPS. View Howard Hughes' Earnings History.
When is Howard Hughes' next earnings date?
What price target have analysts set for HHC?
3 Wall Street analysts have issued twelve-month price targets for Howard Hughes' stock. Their forecasts range from $150.00 to $170.00. On average, they anticipate Howard Hughes' stock price to reach $160.00 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Ratings for Howard Hughes.
What is the consensus analysts' recommendation for Howard Hughes?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howard Hughes in the last year. There are currently 3 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 AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE) and Gecina (GECFF).
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?
News articles about HHC stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Howard Hughes earned a coverage optimism score of 0.13 on Accern's scale. They also gave news articles about the financial services provider an impact score of 46.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Howard Hughes' major shareholders?
Howard Hughes' stock is owned by many different of retail and institutional investors. Top institutional shareholders include PM CAPITAL Ltd (0.56%), Bank of Montreal Can (0.11%), Menlo Advisors LLC (0.11%), Norman Fields Gottscho Capital Management LLC (0.06%), Port Capital LLC (0.02%) and Xact Kapitalforvaltning AB (0.01%). 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 institutional investors are selling Howard Hughes stock?
HHC stock was sold by a variety of institutional investors in the last quarter, including PM CAPITAL 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 institutional investors are buying Howard Hughes stock?
HHC stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Menlo Advisors LLC, Palo Capital Inc., Cibc Bank USA, Legacy Financial Advisors Inc., State of Alaska Department of Revenue, Xact Kapitalforvaltning AB and VNBTrust National Association. 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 $141.80.
How big of a company is Howard Hughes?
Howard Hughes has a market capitalization of $6.11 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.
