(HHH) Howard Hughes Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US44267T1025

Planned Communities, Retail Properties, Office Buildings, Multifamily Residences, Condominium Developments

HHH EPS (Earnings per Share)

EPS (Earnings per Share) of HHH over the last years for every Quarter: "2020-09": 2.75, "2020-12": -0.12, "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,

HHH Revenue

Revenue of HHH over the last years for every Quarter: 2020-09: 154.44, 2020-12: 213.701, 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: 268.659, 2023-12: 335.838, 2024-03: 156.484, 2024-06: 317.409, 2024-09: 327.147, 2024-12: 983.59, 2025-03: 199.328, 2025-06: 260.88, 2025-09: 390.235,
Risk via 10d forecast
Volatility 31.1%
Value at Risk 5%th 46.7%
Relative Tail Risk -8.75%
Reward TTM
Sharpe Ratio 0.11
Alpha -10.44
Character TTM
Hurst Exponent 0.357
Beta 0.859
Beta Downside 0.965
Drawdowns 3y
Max DD 33.40%
Mean DD 13.39%
Median DD 13.61%

Description: HHH Howard Hughes Holdings November 07, 2025

Howard Hughes Holdings Inc. (NYSE: HHH) is a U.S. real-estate developer that builds and manages master-planned communities (MPCs) across three operating segments: Operating Assets (retail, office, multifamily and other property acquisitions), MPC (large-scale land development for homebuilders in Las Vegas, Houston and Phoenix), and Strategic Developments (residential condominiums, commercial projects and assorted properties). The firm was founded in 2010 and is headquartered in The Woodlands, Texas.

Key sector drivers for HHH include the continued shortage of affordable housing in Sun Belt metros, which has kept demand for land-banking and multifamily assets high, and the relatively low vacancy rates (≈4.2% nationwide) that support rental growth. Recent quarterly filings show the company’s operating assets generated a cash-flow yield of roughly 6.8%, while its MPC pipeline contains over 12 million sq ft of developable land, a metric that investors track to gauge future revenue visibility.

Given the firm’s exposure to fast-growing markets and its diversified asset mix, a deeper dive into its balance-sheet leverage and land-bank valuation assumptions could clarify upside potential-consider exploring ValueRay’s detailed model for HHH to see how those variables play out under different macro scenarios.

HHH Stock Overview

Market Cap in USD 5,170m
Sub-Industry Real Estate Development
IPO / Inception 2010-11-05
Return 12m vs S&P 500 -8.43%
Analyst Rating 4.0 of 5

HHH Dividends

Currently no dividends paid

HHH Growth Ratios

CAGR 3y 10.22%
CAGR/Max DD Calmar Ratio 0.31
CAGR/Mean DD Pain Ratio 0.76
Current Volume 396k
Average Volume 291.7k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (274.2m TTM) > 0 and > 6% of Revenue (6% = 110.0m TTM)
FCFTA 0.13 (>2.0%) and ΔFCFTA 11.51pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -202.3% (prev 89.76%; Δ -292.1pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.04 (>3.0%) and CFO 439.5m > Net Income 274.2m (YES >=105%, WARN >=100%)
Net Debt (3.84b) to EBITDA (787.3m) ratio: 4.87 <= 3.0 (WARN <= 3.5)
Current Ratio 0.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (59.1m) change vs 12m ago 18.90% (target <= -2.0% for YES)
Gross Margin 39.99% (prev 51.29%; Δ -11.30pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 18.22% (prev 12.05%; Δ 6.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.55 (EBITDA TTM 787.3m / Interest Expense TTM 171.0m) >= 6 (WARN >= 3)

Altman Z'' -1.90

(A) -0.35 = (Total Current Assets 1.58b - Total Current Liabilities 5.29b) / Total Assets 10.70b
(B) -0.01 = Retained Earnings (Balance) -68.1m / Total Assets 10.70b
(C) 0.06 = EBIT TTM 606.4m / Avg Total Assets 10.07b
(D) -0.01 = Book Value of Equity -68.9m / Total Liabilities 6.86b
Total Rating: -1.90 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 65.49

1. Piotroski 4.50pt = -0.50
2. FCF Yield 15.23% = 5.0
3. FCF Margin 74.76% = 7.50
4. Debt/Equity 1.40 = 1.59
5. Debt/Ebitda 4.87 = -2.50
6. ROIC - WACC (= 0.55)% = 0.69
7. RoE 8.45% = 0.70
8. Rev. Trend 16.96% = 1.27
9. EPS Trend 34.74% = 1.74

What is the price of HHH shares?

As of November 18, 2025, the stock is trading at USD 83.09 with a total of 396,038 shares traded.
Over the past week, the price has changed by -6.79%, over one month by +4.15%, over three months by +13.37% and over the past year by +4.90%.

Is Howard Hughes Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Howard Hughes Holdings (NYSE:HHH) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 65.49 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HHH is around 80.67 USD . This means that HHH is currently overvalued and has a potential downside of -2.91%.

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.
  • Strong Buy: 0
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the HHH price?

Issuer Target Up/Down from current
Wallstreet Target Price 97.8 17.6%
Analysts Target Price 97.8 17.6%
ValueRay Target Price 87 4.7%

HHH Fundamental Data Overview November 15, 2025

Market Cap USD = 5.17b (5.17b USD * 1.0 USD.USD)
P/E Trailing = 16.1204
P/E Forward = 33.1126
P/S = 2.8189
P/B = 1.3855
P/EG = 5.55
Beta = 1.229
Revenue TTM = 1.83b USD
EBIT TTM = 606.4m USD
EBITDA TTM = 787.3m USD
Long Term Debt = 5.29b USD (from longTermDebt, last quarter)
Short Term Debt = 5.29b USD (from shortTermDebt, last quarter)
Debt = 5.29b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.84b USD (from netDebt column, last quarter)
Enterprise Value = 9.01b USD (5.17b + Debt 5.29b - CCE 1.46b)
Interest Coverage Ratio = 3.55 (Ebit TTM 606.4m / Interest Expense TTM 171.0m)
FCF Yield = 15.23% (FCF TTM 1.37b / Enterprise Value 9.01b)
FCF Margin = 74.76% (FCF TTM 1.37b / Revenue TTM 1.83b)
Net Margin = 14.95% (Net Income TTM 274.2m / Revenue TTM 1.83b)
Gross Margin = 39.99% ((Revenue TTM 1.83b - Cost of Revenue TTM 1.10b) / Revenue TTM)
Gross Margin QoQ = 52.26% (prev 40.13%)
Tobins Q-Ratio = 0.84 (Enterprise Value 9.01b / Total Assets 10.70b)
Interest Expense / Debt = 0.83% (Interest Expense 43.9m / Debt 5.29b)
Taxrate = 24.57% (38.9m / 158.3m)
NOPAT = 457.4m (EBIT 606.4m * (1 - 24.57%))
Current Ratio = 0.30 (Total Current Assets 1.58b / Total Current Liabilities 5.29b)
Debt / Equity = 1.40 (Debt 5.29b / totalStockholderEquity, last quarter 3.77b)
Debt / EBITDA = 4.87 (Net Debt 3.84b / EBITDA 787.3m)
Debt / FCF = 2.80 (Net Debt 3.84b / FCF TTM 1.37b)
Total Stockholder Equity = 3.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.56% (Net Income 274.2m / Total Assets 10.70b)
RoE = 8.45% (Net Income TTM 274.2m / Total Stockholder Equity 3.24b)
RoCE = 7.11% (EBIT 606.4m / Capital Employed (Equity 3.24b + L.T.Debt 5.29b))
RoIC = 5.40% (NOPAT 457.4m / Invested Capital 8.47b)
WACC = 4.85% (E(5.17b)/V(10.46b) * Re(9.18%) + D(5.29b)/V(10.46b) * Rd(0.83%) * (1-Tc(0.25)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.21%
[DCF Debug] Terminal Value 65.49% ; FCFE base≈872.1m ; Y1≈572.6m ; Y5≈261.8m
Fair Price DCF = 72.33 (DCF Value 4.30b / Shares Outstanding 59.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 34.74 | EPS CAGR: 25.99% | SUE: 1.14 | # QB: 1
Revenue Correlation: 16.96 | Revenue CAGR: -7.39% | SUE: 0.76 | # QB: 0

Additional Sources for HHH Stock

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