(HHH) Howard Hughes Holdings - Overview

Sector: Real Estate | Industry: Real Estate - Development | Exchange: NYSE (USA) | Market Cap: 3.715m USD | Total Return: -14.7% in 12m

Stock Real Estate, Land, Housing, Commercial
Total Rating 30
Risk 66
Buy Signal -0.70
Real Estate - Development -0.6
Real Estate Development +7.2
Market Cap: 3,715m
Avg Trading Vol: 36.5M USD
ATR: 3.23%
Peers RS (IBD): 31.0
Risk 5d forecast
Volatility31.0%
Rel. Tail Risk-11.7%
Reward TTM
Sharpe Ratio-0.47
Alpha-32.54
Character TTM
Beta0.944
Beta Downside1.025
Drawdowns 3y
Max DD31.39%
CAGR/Max DD-0.11
EPS (Earnings per Share) EPS (Earnings per Share) of HHH over the last years for every Quarter: "2021-03": -1.2, "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": 0.22, "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,
EPS CAGR: -8.24%
EPS Trend: -1.3%
Last SUE: -0.83
Qual. Beats: 0
Revenue Revenue of HHH over the last years for every Quarter: 2021-03: 190.58, 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: null,
Rev. CAGR: 33.69%
Rev. Trend: 22.1%
Last SUE: 0.80
Qual. Beats: 0
Description: HHH Howard Hughes Holdings

Howard Hughes Holdings Inc. (HHH) is a US-based real estate developer. The company specializes in master planned communities (MPCs), a business model involving large-scale, long-term land development.

HHH operates through three segments. The Operating Assets segment focuses on acquiring and developing retail, office, and multifamily properties. The MPC segment plans, develops, and sells land within its master planned communities to other builders. The Strategic Developments segment handles residential condominium and commercial property projects.

Real estate development is a capital-intensive industry, often subject to economic cycles and interest rate fluctuations. Further research on ValueRay can provide detailed financial insights into HHHs performance within this sector.

Headlines to Watch Out For
  • Master planned community land sales drive revenue
  • Interest rate hikes impact real estate development
  • Commercial property occupancy rates affect operating income
  • Regulatory hurdles delay project approvals
Piotroski VR‑10 (Strict, 0-10) 3.0
Net Income: 123.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.32 > 1.0
NWC/Revenue: 96.01% < 20% (prev 67.83%; Δ 28.18% < -1%)
CFO/TA 0.04 > 3% & CFO 462.4m > Net Income 123.9m
Net Debt (3.65b) to EBITDA (517.7m): 7.04 < 3
Current Ratio: 8.59 > 1.5 & < 3
Outstanding Shares: last quarter (59.1m) vs 12m ago 18.19% < -2%
Gross Margin: 18.72% > 18% (prev 0.43%; Δ 1.83k% > 0.5%)
Asset Turnover: 14.86% > 50% (prev 19.01%; Δ -4.15% > 0%)
Interest Coverage Ratio: 1.93 > 6 (EBITDA TTM 517.7m / Interest Expense TTM 172.9m)
Altman Z'' 1.07
A: 0.13 (Total Current Assets 1.60b - Total Current Liabilities 186.6m) / Total Assets 10.64b
B: -0.01 (Retained Earnings -62.1m / Total Assets 10.64b)
C: 0.03 (EBIT TTM 334.3m / Avg Total Assets 9.93b)
D: -0.01 (Book Value of Equity -63.3m / Total Liabilities 6.80b)
Altman-Z'' Score: 1.07 = BB
Beneish M -2.66
DSRI: 0.18 (Receivables 105.3m/687.0m, Revenue 1.47b/1.75b)
GMI: 2.28 (GM 18.72% / 42.64%)
AQI: 1.05 (AQ_t 0.85 / AQ_t-1 0.81)
SGI: 0.84 (Revenue 1.47b / 1.75b)
TATA: -0.03 (NI 123.9m - CFO 462.4m) / TA 10.64b)
Beneish M-Score: -2.66 (Cap -4..+1) = A
What is the price of HHH shares? As of April 02, 2026, the stock is trading at USD 63.26 with a total of 300,238 shares traded.
Over the past week, the price has changed by -1.28%, over one month by -13.20%, over three months by -20.00% and over the past year by -14.66%.
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?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 94.7 49.7%
Analysts Target Price 94.7 49.7%
HHH Fundamental Data Overview as of 29 March 2026
P/E Trailing = 28.19
P/E Forward = 33.1126
P/S = 2.5191
P/B = 0.9841
P/EG = 5.55
Revenue TTM = 1.47b USD
EBIT TTM = 334.3m USD
EBITDA TTM = 517.7m USD
Long Term Debt = 5.11b USD (from longTermDebt, last quarter)
Short Term Debt = 5.11b USD (from shortTermDebt, last quarter)
Debt = 5.11b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.65b USD (from netDebt column, last quarter)
Enterprise Value = 7.36b USD (3.72b + Debt 5.11b - CCE 1.47b)
Interest Coverage Ratio = 1.93 (Ebit TTM 334.3m / Interest Expense TTM 172.9m)
EV/FCF = 16.10x (Enterprise Value 7.36b / FCF TTM 457.1m)
FCF Yield = 6.21% (FCF TTM 457.1m / Enterprise Value 7.36b)
FCF Margin = 30.99% (FCF TTM 457.1m / Revenue TTM 1.47b)
Net Margin = 8.40% (Net Income TTM 123.9m / Revenue TTM 1.47b)
Gross Margin = 18.72% ((Revenue TTM 1.47b - Cost of Revenue TTM 1.20b) / Revenue TTM)
Gross Margin QoQ = -29.57% (prev 52.26%)
Tobins Q-Ratio = 0.69 (Enterprise Value 7.36b / Total Assets 10.64b)
Interest Expense / Debt = 0.86% (Interest Expense 44.2m / Debt 5.11b)
Taxrate = 23.30% (37.6m / 161.5m)
NOPAT = 256.4m (EBIT 334.3m * (1 - 23.30%))
Current Ratio = 8.59 (Total Current Assets 1.60b / Total Current Liabilities 186.6m)
Debt / Equity = 1.35 (Debt 5.11b / totalStockholderEquity, last quarter 3.78b)
Debt / EBITDA = 7.04 (Net Debt 3.65b / EBITDA 517.7m)
Debt / FCF = 7.98 (Net Debt 3.65b / FCF TTM 457.1m)
Total Stockholder Equity = 3.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.25% (Net Income 123.9m / Total Assets 10.64b)
RoE = 3.55% (Net Income TTM 123.9m / Total Stockholder Equity 3.49b)
RoCE = 3.89% (EBIT 334.3m / Capital Employed (Equity 3.49b + L.T.Debt 5.11b))
RoIC = 2.94% (NOPAT 256.4m / Invested Capital 8.71b)
WACC = 4.30% (E(3.72b)/V(8.83b) * Re(9.30%) + D(5.11b)/V(8.83b) * Rd(0.86%) * (1-Tc(0.23)))
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.21%
[DCF] Terminal Value 80.82% ; FCFF base≈420.9m ; Y1≈276.3m ; Y5≈126.4m
[DCF] Fair Price = 6.13 (EV 4.01b - Net Debt 3.65b = Equity 365.3m / Shares 59.6m; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -1.29 | EPS CAGR: -8.24% | SUE: -0.83 | # QB: 0
Revenue Correlation: 22.13 | Revenue CAGR: 33.69% | SUE: 0.80 | # QB: 0
EPS next Quarter (2026-06-30): EPS=2.59 | Chg7d=+2.590 | Chg30d=+2.590 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=4.37 | Chg7d=-0.017 | Chg30d=-0.017 | Revisions Net=+0 | Growth EPS=+97.6% | Growth Revenue=+13.4%
EPS next Year (2027-12-31): EPS=5.03 | Chg7d=-1.091 | Chg30d=-1.091 | Revisions Net=-1 | Growth EPS=+15.2% | Growth Revenue=-11.9%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 5.8% (Discount Rate 9.3% - Earnings Yield 3.5%)
[Growth] Growth Spread = -5.8% (Analyst 0.0% - Implied 5.8%)
Additional Sources for HHH Stock Fund Manager Positions: Dataroma · Stockcircle