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Howard Hughes Holdings Inc.NYSE:HHH Stock Report

Market Cap US$3.7b
Share Price
US$62.32
US$94.67
34.2% undervalued intrinsic discount
1Y-7.6%
7D-2.7%
Portfolio Value
View

Howard Hughes Holdings Inc.

NYSE:HHH Stock Report

Market Cap: US$3.7b

HHH Community Fair Values

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Howard Hughes Holdings Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Howard Hughes Holdings
Historical stock prices
Current Share PriceUS$62.32
52 Week HighUS$91.07
52 Week LowUS$61.01
Beta1.28
1 Month Change-0.78%
3 Month Change-21.75%
1 Year Change-7.63%
3 Year Change-18.68%
5 Year Change-43.72%
Change since IPO64.00%

Recent News & Updates

Recent updates

HHH: Warrant Deal And Buybacks Will Support Future Margin Compounding

Analysts have reaffirmed their $94.67 price target for Howard Hughes Holdings, citing slight adjustments in projected revenue trends, a modestly higher profit margin of about 28.16%, and a small change in the assumed future P/E of roughly 23.30x as key inputs behind the updated view. What's in the News Entered into a warrant agreement to issue 1,131,273 pre paid warrants at an issue price of $8.8396 each, raising gross proceeds of $10,000,000 in a non brokered private placement on April 20, 2026 (Key Developments).

HHH: Stable Margins And Completed Buybacks Will Support Future Compounding

Analysts have kept their price target for Howard Hughes Holdings steady at $94.67, citing unchanged assumptions for discount rate, revenue growth, profit margin, and future P/E as the key reasons for maintaining their view. What's in the News Howard Hughes Holdings reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for $0 million under its existing buyback program (Key Developments).

HHH: Higher Margins And Stable Buybacks Will Support Future Compounding

Analysts now maintain their price target for Howard Hughes Holdings at about $95 per share. The updated view reflects small adjustments to inputs such as the discount rate and assumed future P/E, rather than any change in their overall outlook.

Howard Hughes - I Was (Unfortunately) Right - Looking At 2026

Mar 17

HHH: Higher Margin Outlook And Slightly Lower Future P/E Will Support Compounding

Analysts have reduced their price target on Howard Hughes Holdings by about $2, bringing it to $94.67. This change reflects a slightly higher discount rate and a modestly lower assumed future P/E multiple in their updated models.

HHH: Higher Margin Outlook And Reduced Future P/E Will Support Long-Term Compounding

Analysts have adjusted their price target for Howard Hughes Holdings to $96.33, reflecting updated views on discount rates, revenue trends and profit margins, while assuming a future P/E of 23.52x. Valuation Changes Fair Value: Model fair value remains unchanged at $96.33 per share.

HHH: Teravalis Expansion And Higher Future P/E Will Support Long-Term Compounding

Analysts have modestly raised their price target on Howard Hughes Holdings to US$96.33, citing updated assumptions that include a slightly lower discount rate, softer revenue growth and profit margin expectations, and a higher future P/E multiple. What's in the News Howard Hughes Communities celebrated the grand opening of Teravalis on November 14, a 37,000 acre master planned community in the Phoenix West Valley that spans more than 50 square miles and is planned for 100,000 homes, 300,000 residents, 55 million square feet of commercial space, and over 7,000 acres of preserved open space (Key Developments).

HHH: Teravalis Buildout Will Drive Future Compounding Potential

Analysts have kept their fair value estimate for Howard Hughes Holdings steady at about US$96.33 per share, citing only very small tweaks to the discount rate and future P/E assumptions rather than any major shift in their view of the business. What's in the News Howard Hughes Communities held the grand opening of Teravalis on November 14, a 37,000 acre, master planned community in the Phoenix West Valley and City of Buckeye, described as one of the largest such developments in the United States (Key Developments).

HHH: Master Planned Community Expansion Will Drive Future Compounding Outlook

Analysts have trimmed their price target for Howard Hughes Holdings to about US$96 from roughly US$98, pointing to a mix of softer revenue assumptions, a higher discount rate, and stronger long term margin expectations reflected in a higher future P/E multiple. What's in the News Howard Hughes Communities held the grand opening of Teravalis on November 14 in the Phoenix West Valley, a 37,000 acre master planned community positioned between the White Tank and Belmont mountain ranges (Key Developments).

HHH: Insurance Platform Pursuit Will Drive Berkshire Style Compounding Outlook

Analysts have raised their price target on Howard Hughes Holdings by $10 to $95, citing the potential addition of an insurance company as a key step toward transforming the business model into a Berkshire Hathaway–like compounder. Analyst Commentary Bullish analysts view the higher price target as a reflection of increasing confidence in Howard Hughes Holdings' ability to evolve into a diversified holding company with more durable, recurring earnings streams.

HHH: Insurance Acquisition Efforts Will Shape Measured Long-Term Outlook

Howard Hughes Holdings saw its analyst price target increase by $10 to $95, as analysts cite potential transformative growth stemming from the company's strategic pursuit of an insurance acquisition. Analyst Commentary Bullish analysts have raised their price targets, reflecting increased confidence in Howard Hughes Holdings' growth trajectory following recent strategic developments.

HHH: Adding Insurance Acquisition Will Drive Future Performance Upside

Howard Hughes Holdings received an updated analyst price target of $97.75, up from $88.75. Analysts cite strategic moves such as the potential acquisition of an insurance company and an improved revenue growth outlook as key drivers for the upward revision.

HHH: Future Insurance Acquisition Will Unlock Lasting Conglomerate Value

Howard Hughes Holdings' analyst price target has increased from $85 to $88.75, as analysts point to continued operational strength and potential strategic developments for the company. Analyst Commentary Analysts have provided updated perspectives on Howard Hughes Holdings, highlighting both positive drivers and ongoing concerns following recent company developments and revised price targets.

Sunbelt Migration And Quality Land Will Unlock Lasting Value

Analysts have raised their price target for Howard Hughes Holdings from $85 to $95, citing the company's potential insurance acquisition and improved performance in its core real estate businesses as key drivers for the increase. Analyst Commentary Recent price target increases reflect renewed analyst attention on Howard Hughes Holdings, with notable optimism stemming from expansion efforts and improved operational results.

Sunbelt Migration And Quality Land Will Unlock Lasting Value

Howard Hughes Holdings saw its analyst price target rise from $85 to $95, as analysts cited stronger-than-expected earnings and optimism around the company’s pursuit of an insurance acquisition as key drivers behind the upward revision. Analyst Commentary Analyst sentiment on Howard Hughes Holdings has shifted in response to recent company updates and financial performance.

We Take A Look At Whether Howard Hughes Holdings Inc.'s (NYSE:HHH) CEO May Be Underpaid

Sep 24
We Take A Look At Whether Howard Hughes Holdings Inc.'s (NYSE:HHH) CEO May Be Underpaid

Sunbelt Migration And Quality Land Will Unlock Lasting Value

The upward revision in Howard Hughes Holdings’ price target reflects significantly improved revenue growth forecasts despite a slight decline in net profit margin, resulting in the consensus analyst price target rising to $82.50. Valuation Changes Summary of Valuation Changes for Howard Hughes Holdings The Consensus Analyst Price Target has risen slightly from $80.25 to $82.50.

Impressive Earnings May Not Tell The Whole Story For Howard Hughes Holdings (NYSE:HHH)

Aug 14
Impressive Earnings May Not Tell The Whole Story For Howard Hughes Holdings (NYSE:HHH)

At US$69.18, Is It Time To Put Howard Hughes Holdings Inc. (NYSE:HHH) On Your Watch List?

Aug 06
At US$69.18, Is It Time To Put Howard Hughes Holdings Inc. (NYSE:HHH) On Your Watch List?
User avatar

Texas And Hawaii Condo Pre-Sales Will Fuel Future Development

Strong demand for new home construction and condo pre-sales is expected to boost revenue from land and condo sales significantly.

Decoding Ackman's $900 Million Proposal For Howard Hughes

Mar 05

Howard Hughes Holdings: Pershing Takeover Should Be Transformative

Feb 21

Should You Investigate Howard Hughes Holdings Inc. (NYSE:HHH) At US$80.60?

Feb 19
Should You Investigate Howard Hughes Holdings Inc. (NYSE:HHH) At US$80.60?

Howard Hughes: Pershing Square Ownership Doesn't Change My Thesis

Jan 15

Howard Hughes Holdings: Long Term Real Estate Development At A Huge Discount

Jan 07

An Intrinsic Calculation For Howard Hughes Holdings Inc. (NYSE:HHH) Suggests It's 37% Undervalued

Jan 03
An Intrinsic Calculation For Howard Hughes Holdings Inc. (NYSE:HHH) Suggests It's 37% Undervalued

Investor Optimism Abounds Howard Hughes Holdings Inc. (NYSE:HHH) But Growth Is Lacking

Nov 06
Investor Optimism Abounds Howard Hughes Holdings Inc. (NYSE:HHH) But Growth Is Lacking

Howard Hughes Remains Tricky, And The Market Agrees

Oct 21

Howard Hughes: A Pure-Play MPC  With Decades-Long Growth Runway

Aug 23

Howard Hughes Holdings: Not My Favorite From This Superinvestor

Aug 05

Is It Too Late To Consider Buying Howard Hughes Holdings Inc. (NYSE:HHH)?

Jul 27
Is It Too Late To Consider Buying Howard Hughes Holdings Inc. (NYSE:HHH)?

An Intrinsic Calculation For Howard Hughes Holdings Inc. (NYSE:HHH) Suggests It's 46% Undervalued

Jun 20
An Intrinsic Calculation For Howard Hughes Holdings Inc. (NYSE:HHH) Suggests It's 46% Undervalued

Howard Hughes Holdings Inc.'s (NYSE:HHH) Popularity With Investors Is Clear

Apr 30
Howard Hughes Holdings Inc.'s (NYSE:HHH) Popularity With Investors Is Clear

Pershing Square - Howard Hughes:  Early Stages Of Decades-Long Value Creation Opportunity

Mar 24

Is There An Opportunity With Howard Hughes Holdings Inc.'s (NYSE:HHH) 47% Undervaluation?

Mar 15
Is There An Opportunity With Howard Hughes Holdings Inc.'s (NYSE:HHH) 47% Undervaluation?

Seaport Spin-Off To Unlock Value For Howard Hughes Holdings, Inc.

Jan 20

What You Can Learn From Howard Hughes Holdings Inc.'s (NYSE:HHH) P/S

Jan 08
What You Can Learn From Howard Hughes Holdings Inc.'s (NYSE:HHH) P/S

Are Investors Undervaluing Howard Hughes Holdings Inc. (NYSE:HHH) By 38%?

Dec 12
Are Investors Undervaluing Howard Hughes Holdings Inc. (NYSE:HHH) By 38%?

At US$74.48, Is Howard Hughes Holdings Inc. (NYSE:HHH) Worth Looking At Closely?

Nov 15
At US$74.48, Is Howard Hughes Holdings Inc. (NYSE:HHH) Worth Looking At Closely?

Shareholder Returns

HHHUS Real EstateUS Market
7D-2.7%-3.2%0.8%
1Y-7.6%-9.3%27.8%

Return vs Industry: HHH exceeded the US Real Estate industry which returned -9.2% over the past year.

Return vs Market: HHH underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is HHH's price volatile compared to industry and market?
HHH volatility
HHH Average Weekly Movement4.7%
Real Estate Industry Average Movement7.9%
Market Average Movement7.1%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.2%

Stable Share Price: HHH has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HHH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010500David O'Reillywww.howardhughes.com

Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States. It operates through three segments: Operating Assets, MPC, and Strategic Developments. The Operating Assets segment acquires or develops retail, office, and multifamily properties, as well as invests in other real estate properties.

Howard Hughes Holdings Inc. Fundamentals Summary

How do Howard Hughes Holdings's earnings and revenue compare to its market cap?
HHH fundamental statistics
Market capUS$3.69b
Earnings (TTM)US$123.90m
Revenue (TTM)US$1.47b
29.7x
P/E Ratio
2.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HHH income statement (TTM)
RevenueUS$1.47b
Cost of RevenueUS$771.56m
Gross ProfitUS$703.33m
Other ExpensesUS$579.43m
EarningsUS$123.90m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)2.10
Gross Margin47.69%
Net Profit Margin8.40%
Debt/Equity Ratio133.0%

How did HHH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 21:34
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Howard Hughes Holdings Inc. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Juan SanabriaBMO Capital Markets Equity Research
John KimBMO Capital Markets Equity Research
Hamed KhorsandBWS Financial Inc.