Howard Hughes Holdings (HHH) AI Stock Analysis

• Market Cap: $5.34B
• Dividend Yield: N/A
• Average Volume (3M): 324.72K
• Price to Earnings (P/E): 17.5
• Beta (1Y): 0.99
• Revenue Growth: 59.27%
• EPS Growth: 240.63%
• Country: US
• Employees: 545
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 2.02
• Shares Outstanding: 59,390,960
• 10 Day Avg. Volume: 313,317
• 30 Day Avg. Volume: 324,722
• 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: 1.54
• Enterprise Value/Revenue: 4.49
• Enterprise Value/Gross Profit: 10.40
• Enterprise Value/Ebitda: 10.28
• 1Y Price Target: $95.00
• Price Target Upside: 17.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 2.11
• Revenue Forecast (FY): $1.42B

• Rating: 74 Outperform
• Price Target: $101.00 ▲(25.37% Upside)

Howard Hughes Holdings has a solid overall score driven by strong technical indicators and positive earnings call sentiment. Financial performance is robust but tempered by high debt levels and declining cash flow. The valuation is fair, though the lack of a dividend yield may deter some investors.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial health.

Leasing and NOI Growth

Sustained NOI growth from leasing activities enhances recurring revenue streams, contributing to stable cash flows and profitability.

Strong Land Sales

Robust land sales reflect strategic positioning in high-demand areas, bolstering earnings and supporting future development potential.

Negative Factors

High Debt Levels

Elevated debt levels can limit financial flexibility and increase risk, potentially impacting long-term investment and growth capabilities.

Declining Cash Flow

Reduced cash flow generation may constrain the company's ability to fund operations and investments, affecting overall financial stability.

Condo Revenue Target Adjustment

Lower condo revenue targets could signal challenges in the residential segment, impacting future revenue and profitability expectations.

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. The company operates primarily in the residential, commercial, and mixed-use sectors, focusing on creating master-planned communities and urban developments. HHH's core products and services include land development, property management, and the construction of residential and commercial properties, including retail spaces, office buildings, and hospitality venues.

How the Company Makes Money

Howard Hughes Holdings generates revenue through several key streams, primarily from the sale and leasing of developed properties in its master-planned communities. The company earns income from residential sales, commercial leasing, and land sales. Additionally, HHH benefits from management fees associated with its property management services. Significant partnerships with local governments and other developers can also enhance its revenue potential by facilitating large-scale projects and community developments. The company’s strategic focus on high-demand markets allows it to capitalize on real estate trends and maximize earnings through effective development and management strategies.

Howard Hughes Holdings Financial Statement Overview

Summary

Howard Hughes Holdings demonstrates a strong financial recovery with positive revenue growth and improved profitability margins. The balance sheet shows reduced leverage, enhancing financial stability. Cash flow performance is robust, with significant growth in free cash flow, indicating strong operational efficiency. While there are areas for improvement, such as gross profit margins, the overall financial health of the company is solid, positioning it well for future growth.

Income Statement

Howard Hughes Holdings shows a positive revenue growth rate of 3.56% in the TTM, indicating a recovery from previous declines. The company maintains a strong EBIT margin of 33.07% and a net profit margin of 14.95%, reflecting efficient cost management and profitability. However, the gross profit margin has decreased compared to previous years, suggesting potential pressure on production costs or pricing strategies.

Balance Sheet

The company's debt-to-equity ratio has improved to 1.40 in the TTM, indicating a reduction in leverage compared to previous years. Return on equity is at 8.45%, showing improved profitability from equity investments. However, the equity ratio remains moderate, suggesting a balanced but cautious approach to asset financing.

Cash Flow

The cash flow statement reveals a significant improvement in free cash flow growth of 160.32% in the TTM, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is 0.26, indicating efficient conversion of income to cash. The free cash flow to net income ratio is nearly 1, demonstrating effective cash management and reinvestment strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.83B	1.75B	1.02B	1.49B	1.43B	699.49M
Gross Profit	792.34M	731.95M	433.97M	642.06M	510.68M	210.15M
EBITDA	802.07M	710.44M	-342.20M	602.23M	399.26M	358.20M
Net Income	274.21M	197.70M	-551.77M	184.53M	56.10M	-26.15M
Balance Sheet
Total Assets	10.70B	9.21B	9.58B	9.60B	9.58B	9.14B
Cash, Cash Equivalents and Short-Term Investments	1.46B	596.08M	629.71M	626.65M	843.21M	1.24B
Total Debt	5.29B	5.13B	5.15B	4.80B	4.66B	4.36B
Total Liabilities	6.86B	6.37B	6.52B	6.00B	5.85B	5.43B
Stockholders Equity	3.77B	2.78B	2.99B	3.54B	3.71B	3.71B
Cash Flow
Free Cash Flow	436.83M	350.85M	-295.73M	323.25M	-285.77M	-74.48M
Operating Cash Flow	439.20M	400.94M	-248.18M	325.25M	-283.96M	-72.87M
Investing Cash Flow	-216.55M	-307.25M	-348.92M	-220.69M	101.46M	-428.55M
Financing Cash Flow	830.54M	-148.25M	551.22M	-222.26M	156.14M	1.12B

Howard Hughes Holdings Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HHH, the sentiment is Positive. The current price of 80.56 is below the 20-day moving average (MA) of 85.51, below the 50-day MA of 82.78, and above the 200-day MA of 74.42, indicating a bullish trend. The MACD of 1.89 indicates Negative momentum. The RSI at 59.08 is Neutral, neither overbought nor oversold. The STOCH value of 71.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$3.54B	34.05	14.16%	0.95%	26.89%	53.54%
SBRA	74 Outperform	$4.81B	26.52	6.29%	6.18%	8.12%	75.95%
HHH	74 Outperform	$5.34B	17.49	8.79%	―	59.27%	240.63%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NSA	61 Neutral	$4.03B	48.66	6.89%	7.76%	-4.98%	-65.45%
MAC	48 Neutral	$4.56B	―	-18.43%	4.02%	8.06%	74.26%
SLG	45 Neutral	$3.55B	―	0.61%	6.79%	8.60%	―

Howard Hughes Holdings Corporate Events

Howard Hughes Holdings Inc. Reports Strong Q3 2025 Results

Howard Hughes Holdings Inc. is a diversified real estate holding company that focuses on developing and managing commercial, residential, and mixed-use properties across the United States, with notable assets in Texas, Nevada, Arizona, Hawaii, and Maryland.

Howard Hughes Holdings Reports Strong Q3 2025 Results

Howard Hughes Holdings Inc. reported strong third-quarter 2025 results, driven by record land sales and robust performance across all segments, leading to an upward revision of its full-year guidance. The company achieved $1.4 billion in condominium pre-sales, reinforcing its long-term cash-flow outlook. With a significant liquidity position and strategic reinvestments into new developments, Howard Hughes is well-positioned for continued growth and increased net asset value, as evidenced by its increased guidance for Adjusted Operating Cash Flow and Master Planned Community EBT.

The most recent analyst rating on (HHH) stock is a Hold with a $86.00 price target. To see the full list of analyst forecasts on Howard Hughes Holdings stock, see the HHH Stock Forecast page.

Howard Hughes Holdings 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.