ADVFN Logo
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Premium

Key stats and details

Current Price
78.76
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Market Cap
Previous Close
78.76
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
50,138,000
Dividend Yield
-
PE Ratio
17.68
Earnings Per Share (EPS)
3.94
Revenue
1.9B
Net Profit
197.7M

About Howard Hughes Corporation

The Howard Hughes Corp is a real estate company that develops master-planned communities (MPCs) and is involved in other strategic real estate development opportunities across the United States. The company operates in four segments: Operating Assets, MPCs, Seaport, and Strategic Developments. Opera... The Howard Hughes Corp is a real estate company that develops master-planned communities (MPCs) and is involved in other strategic real estate development opportunities across the United States. The company operates in four segments: Operating Assets, MPCs, Seaport, and Strategic Developments. Operating Assets manages real estate that generates recurring cash flows; MPC develops residential land and sells improved acreage to homebuilders; Seaport encompasses renovated buildings, including restaurants, outdoor bars, and event venues; and Strategic Developments is involved in seeking, planning, and investing in real estate opportunities and development rights. Among those segments, Operating Assets and MPC are the company's most profitable divisions. Show more

Sector
Real Estate Investment Trust
Industry
Real Estate Investment Trust
Headquarters
Wilmington, Delaware, USA
Founded
-

HHC Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

HHC - Frequently Asked Questions (FAQ)

What is the current Howard Hughes share price?
The current share price of Howard Hughes is $ 78.76
How many Howard Hughes shares are in issue?
Howard Hughes has 50,138,000 shares in issue
What is the market cap of Howard Hughes?
The market capitalisation of Howard Hughes is USD 3.95B
What is the 1 year trading range for Howard Hughes share price?
Howard Hughes has traded in the range of $ 0.00 to $ 0.00 during the past year
What is the PE ratio of Howard Hughes?
The price to earnings ratio of Howard Hughes is 17.68
What is the cash to sales ratio of Howard Hughes?
The cash to sales ratio of Howard Hughes is 1.84
What is the reporting currency for Howard Hughes?
Howard Hughes reports financial results in USD
What is the latest annual turnover for Howard Hughes?
The latest annual turnover of Howard Hughes is USD 1.9B
What is the latest annual profit for Howard Hughes?
The latest annual profit of Howard Hughes is USD 197.7M
What is the registered address of Howard Hughes?
The registered address for Howard Hughes is 251 LITTLE FALLS DRIVE, NEW CASTLE, WILMINGTON, DELAWARE, 19808
What is the Howard Hughes website address?
The website address for Howard Hughes is www.howardhughes.com
Which industry sector does Howard Hughes operate in?
Howard Hughes operates in the REAL ESTATE INVESTMENT TRUST sector

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
GHLDGuild Holdings Company
$ 19.76
(25.70%)
128.93k
NINENine Energy Service Inc
$ 0.8842
(15.72%)
5.63M
GNWGenworth Financial Inc
$ 7.695
(12.50%)
4.48M
GPMTGranite Point Mortgage Trust Inc
$ 2.57
(11.74%)
65.42k
GMSGMS Inc
$ 81.36
(11.09%)
492.3k
RFLRafael Holdings Inc
$ 1.49
(-23.20%)
308.79k
DDD3D Systems Corporation
$ 1.535
(-17.91%)
17.11M
BPTBP Prudhoe Bay Royalty Trust
$ 0.60
(-14.89%)
358.67k
TGEGeneration Essentials Group
$ 7.80
(-14.47%)
193.96k
BTCMBit Mining Limited
$ 1.99
(-7.44%)
72.41k
BBAIBigBear ai Holdings Inc
$ 4.02
(-0.74%)
36.57M
BTEBaytex Energy Corporation
$ 2.105
(-0.71%)
17.23M
DDD3D Systems Corporation
$ 1.535
(-17.91%)
17.11M
HIMSHims and Hers Health Inc
$ 59.45
(0.35%)
14.58M
CRCLCircle Internet Group Inc
$ 161.36
(8.19%)
11.04M

HHC Discussion

View Posts
detearing detearing 4 weeks ago
Bill Ackman's Pershing Square has recently made a significant investment in Howard Hughes Holdings Inc. (HHH), resulting in a substantial ownership stake. As of the most recent information available, Bill Ackman's Pershing Square will now own 46.9% of Howard Hughes Holdings Inc. (HHH) [3] [5]. This stake is the result of a $900 million investment, where Pershing Square acquired nine million newly issued shares of HHH at $100 per share [3] [4] [5]. This purchase price was 48% above the stock's closing price on the Friday prior to the announcement [5].

This strategic move by Pershing Square is intended to transform Howard Hughes Holdings into a diversified holding company, mirroring the model of Warren Buffett's Berkshire Hathaway [5] [6]. Bill Ackman, founder and CEO of Pershing Square, has expressed his admiration for Buffett and his intent to build a similar conglomerate [5] [6]. As part of this transformation, Ackman will assume the role of Executive Chairman of Howard Hughes' board, and Pershing Square's Chief Investment Officer, Ryan Israel, will become CIO of HHH [3] [5].

Pershing Square's involvement extends beyond just equity acquisition; they will provide comprehensive support to HHH, including financial advice, transaction facilitation, strategic market positioning, and assistance in identifying and hedging macroeconomic risks [3] [4]. While Pershing Square will hold a 46.9% stake, they have agreed to limit their voting power in the company to 40% [3] [5]. Howard Hughes Holdings will also pay Pershing Square a quarterly base fee of $3.75 million, along with a management fee tied to changes in HHH's market capitalization [3] [5].

This increased investment and strategic partnership underscore Ackman's high conviction in HHH, which he views as undervalued with appreciating land assets and a growing revenue stream [6]. Analysts have responded positively to the deal, with JPMorgan Chase analyst Anthony Paolone describing it as a "transformational shift" [2] [4]. The consensus among analysts is a "Strong Buy" rating for HHH stock, with an average price target of $89 and a high target of $105 [2] [4] [6].

Citations
The move signifies a deep commitment from Pershing Square to leverage its expertise and resources to drive significant value creation at Howard Hughes Holdings, moving beyond its traditional real estate development focus to become a broader investment vehicle [3] [5] [6].

Authoritative Sources
Billionaire Bill Ackman’s 7 Stock Picks with Huge Upside Potential. [finance.yahoo.com]↩
Should You Buy, Sell, or Hold Howard Hughes Stock as Bill Ackman Doubles Down? [palmettograin.com]↩
Pershing Square to Invest $900 million to Acquire Nine Million Newly Issued Shares of Howard Hughes Holdings and Transform HHH Into a Diversified Holding Company. [investor.howardhughes.com]↩
Should You Buy, Sell, or Hold Howard Hughes Stock as Bill Ackman Doubles Down? [theglobeandmail.com]↩
Bill Ackman's Pershing Square strikes $900 million deal for more control of Howard Hughes. [cnbc.com]↩
Howard Hughes Holdings Inc. (HHH). [stockanalysis.com]↩
Concentrated Investment Strategy. [pershingsquareholdings.com]↩
Activist Investing. [investopedia.com]↩
Answer Provided by www.iAsk.ai – Ask AI.
🤫 1 🫡 1
james1844 james1844 4 years ago
So, here is a mini update on what's going on with the Howard Hughes Corp for the board.

The Company took a beating in 2020, but it looks like it's going to recover in 2021 and 2022 on pandemic related improvements and declines in lumber costs. Vickers says that earnings should be up 400% in 2022.

More details, and some other stock suggestions here:

https://www.savingadvice.com/articles/2021/07/21/1084826_buy-these-6-housing-stocks-for-a-rocket-to-the-moon.html
👍️0
Pro-Life Pro-Life 5 years ago
The highs from 2014/15 have been cut by ~75%...
👍️0
RickNagra RickNagra 6 years ago
Great day here for HHC. Congratulations going out to Mr. Potty on his winnings. Congratulations to everyone for following pretty boy Ackman. Pretty soon it will be FNMA turn.
👍️0
whytestocks whytestocks 6 years ago
News: $HHC The Howard Hughes Corporation® Announces Review of Strategic Alternatives to Maximize Shareholder Value

DALLAS , June 27, 2019 /PRNewswire/ -- In light of recent media speculation, The Howard Hughes Corporation ® (NYSE: HHC) today confirmed that its Board of Directors is conducting a broad review of potential strategic alternatives to maximize shareholder value. The Board i...

In case you are interested https://marketwirenews.com/news-releases/the-howard-hughes-corporation-xae-announces-review-of-strategic-8425528.html
👍️0
justthefactsmam justthefactsmam 11 years ago
outlets at new orleans' riverwalk set to open:

http://finance.yahoo.com/news/howard-hughes-corporation-open-outlet-110000684.html
👍️0
justthefactsmam justthefactsmam 11 years ago
letter to shareholders:

http://online.wsj.com/article/PR-CO-20140313-905880.html
👍️0
justthefactsmam justthefactsmam 11 years ago
new leasing executives hired:

http://finance.yahoo.com/news/howard-hughes-corporation-expands-retail-120000652.html
👍️0
justthefactsmam justthefactsmam 11 years ago
4th qtr and full year results:

http://www.sec.gov/Archives/edgar/data/1498828/000110465914014217/a14-6941_1ex99d1.htm
👍️0
justthefactsmam justthefactsmam 11 years ago
hhc to construct luxury hotel at the woodlands:

http://www.thewoodlandscvb.com/pages/HelpCenter/NewsRoom/tabid/88/EntryID/809/Default.aspx
👍️0
justthefactsmam justthefactsmam 11 years ago
favorable preliminary tax ruling at summerlin:

http://www.lasvegassun.com/news/2014/feb/21/ruling-favors-hughes-corp-summerlin-land-valuation/
👍️0
justthefactsmam justthefactsmam 11 years ago
ward's village high rise design inspired by ocean:

http://www.hawaiibusiness.com/Hawaii-Business/February-2014/High-Rises-Design-Inspired-by-the-Ocean/
👍️0
justthefactsmam justthefactsmam 11 years ago
new tenants coming to summerlin

http://finance.yahoo.com/news/howard-hughes-corporation-announces-fashion-120000262.html
👍️0
justthefactsmam justthefactsmam 11 years ago
hhc establishes ward village foundation

http://finance.yahoo.com/news/howard-hughes-corporation-establishes-ward-120000936.html
👍️0
justthefactsmam justthefactsmam 12 years ago
harbor conference presentation:

http://www.sec.gov/Archives/edgar/data/1498828/000110465913010044/a13-5067_1ex99d1.htm
👍️0
justthefactsmam justthefactsmam 12 years ago
ala moana condo project sold out:

http://www.bizjournals.com/pacific/news/2013/03/05/howard-hughes-corp-expects-to-make.html?ana=yfcpc
👍️0
justthefactsmam justthefactsmam 12 years ago
hhc receives approval for the redevelopment of south street seaport:

http://finance.yahoo.com/news/howard-hughes-corporation-receives-approval-110000784.html
👍️0

Your Recent History

Delayed Upgrade Clock