HHH Stock Analysis: Howard Hughes Holdings | NYSE

Real Estate - Development | NYSE, USA | Market Cap: 3.914m USD | 12M Return: -5% | US44267T1025 | Charts, Fundamentals & Technical Analysis

Planned Communities, Commercial Properties, Residential Properties, Land Development
Total Rating 38
Safety 53
Buy Signal -0.59
Real Estate - Development
Industry Rotation: -15.4
Market Cap: 3.91B
Avg Turnover: 23.2M
Risk 3d forecast
Volatility29.0%
VaR 5th Pctl4.61%
VaR vs Median-3.25%
Reward TTM
Sharpe Ratio-0.17
Rel. Str. IBD14.4
Rel. Str. Peer Group26.2
Character TTM
Beta0.730
Beta Downside0.914
Hurst Exponent0.501
Drawdowns 3y
Max DD31.39%
CAGR/Max DD-0.08
CAGR/Mean DD-0.19
EPS (Earnings per Share) EPS (Earnings per Share) of HHH over the last years for every Quarter: "2021-06": 0.09, "2021-09": 0.07, "2021-12": 2.09, "2022-03": 0.04, "2022-06": 0.42, "2022-09": 2.19, "2022-12": 1.07, "2023-03": -0.46, "2023-06": -0.39, "2023-09": -10.97, "2023-12": 0.69, "2024-03": -1.06, "2024-06": 0.42, "2024-09": 1.46, "2024-12": 3.25, "2025-03": 0.21, "2025-06": -0.22, "2025-09": 2.02, "2025-12": 0.1, "2026-03": 0.14, "2026-06": null,
Last SUE: 0.09
Qual. Beats: 0
Revenue Revenue of HHH over the last years for every Quarter: 2021-06: 212.457, 2021-09: 219.188, 2021-12: 805.676, 2022-03: 210.226, 2022-06: 276.708, 2022-09: 639.549, 2022-12: 482.005, 2023-03: 196.289, 2023-06: 223.316, 2023-09: 228.473, 2023-12: 312.964, 2024-03: 156.484, 2024-06: 283.468, 2024-09: 327.147, 2024-12: 983.59, 2025-03: 199.328, 2025-06: 260.88, 2025-09: 390.235, 2025-12: 624.449, 2026-03: 235.917, 2026-06: 1122.327,
Rev. CAGR: 32.58%
Rev. Trend: 81.0%
Last SUE: 4.00
Qual. Beats: 2

Warnings

Strong Share Dilution
Altman Z'' In Financial Distress Zone
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan -3.0% 6
Feb +1.1% 16
Mar -0.8% 10
Apr -0.3% 12
May -0.6% 5
Jun +3.8% 19
Jul +4.8% 46
Aug -5.2% 34
Sep -1.8% 25
Oct -2.5% 28
Nov +8.3% 33
Dec +4.4% 25

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: HHH Howard Hughes Holdings

Howard Hughes Holdings Inc. (NYSE: HHH) is a U.S. real estate development company headquartered in The Woodlands, Texas, that builds and operates master planned communities (MPCs) across the country. Founded in 2010, the company operates through three segments: Operating Assets (retail, office, and multifamily properties), MPC (long-term, large-scale community land sales to homebuilders and developers), and Strategic Developments (residential condominium and commercial property projects).

HHH is classified within the Real Estate sector under the Real Estate Development sub-industry and is considered a mid-cap stock with a market capitalization of approximately $4.0 billion USD. Its MPC business model relies on multi-decade project timelines, generating revenue through the phased sale of residential and commercial parcels within self-contained communities that combine housing, retail, office space, and recreational amenities.

Headlines to Watch Out For
  • MPC land sales surge on Sun Belt housing demand
  • Office occupancy gains lift Operating Assets NOI
  • Rate cuts could unlock real estate valuations and pipeline
Piotroski VR-10 (Strict) 4.5
Net Income: 292.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.93 > 1.0
NWC/Revenue: -77.55% < 20% (prev 107.9%; Δ -185.4% < -1%)
CFO/TA 0.03 > 3% & CFO 510.0m > Net Income 292.1m
Net Debt (2.79b) to EBITDA (665.2m): 4.19 < 3
Current Ratio: 0.66 > 1.5 & < 3
Outstanding Shares: last fiscal year (59.1m) vs prev 17.97% < -2%
Gross Margin: 49.48% > 18% (prev 43.24%; Δ 6.24% > 0.5%)
Asset Turnover: 18.11% > 50% (prev 17.20%; Δ 0.91% > 0%)
Interest Coverage Ratio: 5.52 > 6 (EBIT TTM 466.2m / Interest Expense TTM 84.4m)
Altman Z'' -0.12
A: -0.12 (Total Current Assets 3.62b - Total Current Liabilities 5.46b) / Total Assets 15.9b
B: 0.01 (Retained Earnings 104.5m / Total Assets 15.9b)
C: 0.04 (EBIT TTM 466.2m / Avg Total Assets 13.1b)
D: 0.36 (Book Value of Equity 3.96b / Total Liabilities 10.9b)
Altman-Z'' = -0.12 = B
Beneish M -2.77
DSRI: 1.14 (Receivables 940.4m/615.3m, Revenue 2.37b/1.77b)
GMI: 0.87 (GM 43.24% / 49.48%)
AQI: 1.02 (AQ_t 0.77 / AQ_t-1 0.76)
SGI: 1.34 (Revenue 2.37b / 1.77b)
TATA: -0.01 (NI 292.1m - CFO 510.0m) / TA 15.9b)
Beneish M = -2.77 (Cap -4..+1) = A
What is the price of HHH shares?

As of August 06, 2026, the stock is trading at USD 65.69 with a total of 322,820 shares traded. Over the past week, the price has changed by -0.64%, over one month by -12.13%, over three months by +3.73% and over the past year by -5.04%.

Current recommended Stop Loss: 63.70 (which is 3% or 1.2 ATR below the current price).

Is HHH a buy, sell or hold?

Howard Hughes Holdings has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy HHH.

  • StrongBuy: 0
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HHH price?
Analysts Target Price 89.7 36.5%
Howard Hughes Holdings (HHH) - Fundamental Data Overview as of 06 August 2026
Market Cap USD = 3.91b (3.91b USD * 1.0 USD.USD)
P/E Trailing = 30.5349
P/E Forward = 1250.0
P/S = 2.5897
P/B = 1.0075
P/EG = 5.55
Revenue TTM = 2.37b USD
EBIT TTM = 466.2m USD
EBITDA TTM = 665.2m USD
Long Term Debt = 5.11b USD (from longTermDebt, last fiscal year)
Short Term Debt = 5.46b USD (from shortTermDebt, last quarter)
Debt = 5.46b USD (from shortLongTermDebtTotal, last quarter) + Leases 4.77m
Net Debt = 2.79b USD (calculated: Debt 5.46b - CCE 2.68b)
Enterprise Value = 6.70b USD (3.91b + Debt 5.46b - CCE 2.68b)
Interest Coverage Ratio = 5.52 (Ebit TTM 466.2m / Interest Expense TTM 84.4m)
EV/FCF = 13.21x (Enterprise Value 6.70b / FCF TTM 507.0m)
FCF Yield = 7.57% (FCF TTM 507.0m / Enterprise Value 6.70b)
FCF Margin = 21.37% (FCF TTM 507.0m / Revenue TTM 2.37b)
Net Margin = 12.31% (Net Income TTM 292.1m / Revenue TTM 2.37b)
Gross Margin = 49.48% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.20b) / Revenue TTM)
Gross Margin QoQ = none% (prev 13.35%)
Tobins Q-Ratio = 0.42 (Enterprise Value 6.70b / Total Assets 15.9b)
Interest Expense / Debt = 1.55% (Interest Expense 84.4m / Debt 5.46b)
Taxrate = 23.79% (90.6m / 380.7m)
NOPAT = 355.3m (EBIT 466.2m * (1 - 23.79%))
Current Ratio = 0.66 (Total Current Assets 3.62b / Total Current Liabilities 5.46b)
Debt / Equity = 1.38 (Debt 5.46b / totalStockholderEquity, last quarter 3.96b)
Debt / EBITDA = 4.19 (Net Debt 2.79b / EBITDA 665.2m)
Debt / FCF = 5.49 (Net Debt 2.79b / FCF TTM 507.0m)
Total Stockholder Equity = 3.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.23% (Net Income 292.1m / Total Assets 15.9b)
RoE = 7.64% (Net Income TTM 292.1m / Total Stockholder Equity 3.82b)
RoCE = 5.22% (EBIT 466.2m / Capital Employed (Equity 3.82b + L.T.Debt 5.11b))
RoIC = 2.25% (NOPAT 355.3m / Invested Capital 15.8b)
WACC = 4.26% (E(3.91b)/V(9.38b) * Re(8.55%) + D(5.46b)/V(9.38b) * Rd(1.55%) * (1-Tc(0.24)))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.94 | Cagr: 8.15%
[DCF] Terminal Value 74.92% ; FCFF base≈514.9m ; Y1≈500.8m ; Y5≈497.9m
[DCF] Fair Price = 84.06 (EV 7.80b - Net Debt 2.79b = Equity 5.01b / Shares 59.6m; r=8.35% [WACC [floored]]; 5y FCF grow -3.74% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.09 | # QB: 0
Revenue Correlation: 81.03 | Revenue CAGR: 32.58% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.99 | Chg30d=+25.56% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.93 | Chg30d=-35.77% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.47 | Chg30d=-18.01% | Revisions=+0% | GrowthEPS=+11.7% | GrowthRev=+14.2%
EPS next Year (2027-12-31): EPS=4.27 | Chg30d=-6.70% | Revisions=-25% | GrowthEPS=+73.0% | GrowthRev=-13.1%
[Analyst] Revisions Ratio: -40% (up=0, down=2)