Howard Hughes Holdings (HHH) AI Stock Analysis

• Market Cap: $4.64B
• Dividend Yield: N/A
• Average Volume (3M): 326.50K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 1.06
• Revenue Growth: 62.02%
• EPS Growth: N/A
• Country: US
• Employees: 545
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): -0.22
• Shares Outstanding: 59,398,914
• 10 Day Avg. Volume: 265,124
• 30 Day Avg. Volume: 326,497
• PEG Ratio: -0.14
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 2.20
• P/FCF Ratio: 9.77
• Enterprise Value/Market Cap: 1.56
• Enterprise Value/Revenue: 4.08
• Enterprise Value/Gross Profit: 10.28
• Enterprise Value/Ebitda: 11.11
• 1Y Price Target: $86.67
• Price Target Upside: 7.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 2.08
• Revenue Forecast (FY): $1.42B

• Rating: 69 Neutral
• Price Target: $86.00 ▲(6.75% Upside)

Howard Hughes Holdings receives a solid overall score driven by strong earnings call performance and reasonable valuation. Financial performance is stable but impacted by high leverage and declining revenue growth. Technical indicators suggest a cautious outlook with potential bearish trends.

Positive Factors

Cash Flow Growth

The significant growth in free cash flow indicates robust cash generation capabilities, enhancing the company's ability to invest in future projects and maintain financial stability.

Record Land Sales

Record land sales and high prices per acre reflect strong demand and effective pricing strategies, supporting long-term revenue growth and profitability.

Strategic Initiatives

The strategic acquisition of an insurance operation aims to grow intrinsic value per share, diversifying revenue streams and leveraging investment operations for sustained growth.

Negative Factors

High Leverage

Significant leverage poses a risk to financial flexibility and could strain cash flows, potentially impacting the company's ability to invest in growth opportunities.

Decline in Revenue Growth

A decline in revenue growth suggests challenges in maintaining market position and expanding sales, which could affect long-term profitability and competitiveness.

Retail Portfolio NOI Decline

The decline in retail portfolio NOI indicates potential issues in the retail segment, which may affect overall profitability and necessitate strategic adjustments.

Howard Hughes Holdings Business Overview & Revenue Model

Company Description

Howard Hughes Holdings (HHH) is a diversified real estate development and management company based in the United States. It operates primarily in the residential, commercial, and mixed-use sectors, focusing on creating master-planned communities, retail properties, and office spaces. The company's portfolio includes notable projects such as the Woodlands in Texas and the Seaport District in New York City, which exemplify its commitment to innovative and sustainable urban development.

How the Company Makes Money

Howard Hughes Holdings generates revenue through a variety of streams related to its real estate operations. Key revenue sources include the sale of residential properties, leasing of commercial and retail spaces, and management fees from its developments. The company also benefits from partnerships with local governments and other developers, which can facilitate access to land and resources. Additionally, HHH engages in strategic joint ventures to enhance its project financing and expand its market reach, thereby contributing to its overall earnings.

Howard Hughes Holdings Financial Statement Overview

Summary

Howard Hughes Holdings exhibits strong financial performance with notable revenue growth and improved profitability metrics. The balance sheet reflects moderate leverage, but increasing debt reliance could be a concern. Cash flow generation is solid, reinforcing the company's liquidity and operational efficiency.

Income Statement

The company's revenue has shown a strong growth trajectory, with a significant increase observed in the latest TTM compared to previous years. Gross profit margin and net profit margin have improved, indicating better cost management. EBIT and EBITDA margins are healthy, reflecting solid operational efficiency. However, past volatility in net income highlights some historical instability.

Balance Sheet

Howard Hughes Holdings maintains a moderate debt-to-equity ratio, which indicates a balanced approach to leveraging. Return on Equity (ROE) has improved, showing better profitability relative to equity. However, the equity ratio has been decreasing over the years, suggesting increasing reliance on debt financing, which could pose risks in downturns.

Cash Flow

Cash flow analysis reveals a robust operating cash flow to net income ratio, highlighting efficient cash generation from operations. Free cash flow growth is promising, suggesting improved liquidity. The free cash flow to net income ratio is favorable, indicating effective cash management. However, historically fluctuating cash flows may signal potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.77B	1.75B	1.02B	1.61B	1.43B	699.49M
Gross Profit	703.72M	731.95M	433.97M	633.62M	500.01M	210.15M
EBITDA	650.91M	710.44M	-342.20M	539.82M	399.26M	358.20M
Net Income	227.48M	197.70M	-551.77M	184.53M	56.10M	-26.15M
Balance Sheet
Total Assets	10.30B	9.21B	9.58B	9.60B	9.58B	9.14B
Cash, Cash Equivalents and Short-Term Investments	1.44B	596.08M	631.55M	626.65M	843.21M	1.24B
Total Debt	5.23B	5.13B	5.35B	4.80B	4.66B	4.36B
Total Liabilities	6.59B	6.37B	6.52B	6.00B	5.85B	5.43B
Stockholders Equity	3.64B	2.78B	2.99B	3.54B	3.71B	3.71B
Cash Flow
Free Cash Flow	526.71M	394.45M	-265.82M	323.25M	-285.77M	-74.48M
Operating Cash Flow	538.30M	396.59M	-258.48M	325.25M	-283.96M	-72.87M
Investing Cash Flow	-255.81M	-307.25M	-336.14M	-220.69M	9.40M	-444.78M
Financing Cash Flow	610.74M	-148.25M	548.75M	-222.26M	156.14M	1.12B

Howard Hughes Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 80.56
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HHH, the sentiment is Neutral. The current price of 80.56 is above the 20-day moving average (MA) of 79.97, above the 50-day MA of 80.31, and above the 200-day MA of 73.49, indicating a neutral trend. The MACD of -0.51 indicates Positive momentum. The RSI at 42.04 is Neutral, neither overbought nor oversold. The STOCH value of 12.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HHH.

Howard Hughes Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JOE	78 Outperform	$3.40B	32.69	14.16%	1.14%	26.89%	53.54%
SBRA	74 Outperform	$4.31B	23.65	6.66%	6.59%	6.89%	240.70%
HHH	69 Neutral	$4.64B	17.05	7.80%	―	62.02%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NSA	60 Neutral	$4.04B	48.72	6.89%	7.43%	-4.98%	-65.45%
MAC	52 Neutral	$4.67B	―	-18.42%	4.02%	8.06%	74.33%
SLG	51 Neutral	$3.81B	―	0.61%	6.06%	8.60%	―

Howard Hughes Holdings Corporate Events

Howard Hughes Holdings Approves 2025 Equity Incentive Plan

On September 30, 2025, Howard Hughes Holdings Inc. held its Annual Meeting of Stockholders where the 2025 Equity Incentive Plan was approved by the stockholders, following the Board’s prior approval in August. Additionally, the stockholders elected the Board of Directors and voted on several proposals, including the ratification of KPMG LLP as the independent registered public accounting firm for fiscal 2025.

The most recent analyst rating on (HHH) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on Howard Hughes Holdings stock, see the HHH Stock Forecast page.

Howard Hughes Holdings: Strong Land Sales and Strategic Growth

Howard Hughes Holdings Inc. recently held its earnings call, showcasing a robust performance in land sales and operating assets, despite some challenges in new home sales and retail NOI. The sentiment was generally optimistic, bolstered by strategic investments and a shift towards a diversified holding strategy.

Howard Hughes Holdings Inc. Reports Q2 2025 Earnings

Howard Hughes Holdings Inc. is a diversified real estate company primarily engaged in the development and management of master planned communities and mixed-use properties across the United States. The company is known for its large-scale projects and strategic investments in real estate ventures.

Howard Hughes Holdings Secures Major Investment from Pershing Square

Howard Hughes Holdings Inc. reported its second-quarter 2025 results, highlighting strong demand and record pricing for its master planned community land, alongside solid performance in operating assets. The company announced a significant investment from Pershing Square, which purchased $900 million of newly issued HHH stock, positioning Howard Hughes to transform into a diversified holding company. Despite a net loss from continuing operations, the company raised its full-year guidance for adjusted operating cash flow and expects record earnings before taxes from its master planned communities. The strategic developments at Ward Village and other areas are anticipated to drive future growth, supported by strong leasing rates and a robust pipeline of condo tower completions.

The most recent analyst rating on (HHH) stock is a Hold with a $76.00 price target. To see the full list of analyst forecasts on Howard Hughes Holdings stock, see the HHH Stock Forecast page.