Howard Hughes (NYSE:HHH) Releases Quarterly Earnings Results, Misses Estimates By $0.21 EPS

Howard Hughes (NYSE:HHHGet Free Report) announced its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.21), Zacks reports. The firm had revenue of $624.45 million for the quarter. Howard Hughes had a return on equity of 5.57% and a net margin of 8.40%.The business’s revenue was down 36.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.25 EPS.

Howard Hughes Stock Performance

NYSE HHH opened at $74.28 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.18 and a quick ratio of 1.18. Howard Hughes has a 1-year low of $61.40 and a 1-year high of $91.07. The firm has a market capitalization of $4.41 billion, a P/E ratio of 35.21 and a beta of 1.24. The business’s 50-day simple moving average is $81.32 and its 200-day simple moving average is $80.84.

Key Stories Impacting Howard Hughes

Here are the key news stories impacting Howard Hughes this week:

  • Positive Sentiment: Small new investor stake noted — a reported $11 million investor entry was highlighted as a vote of confidence by some commentators, which could provide modest support for the stock. Howard Hughes Just Got a New $11 Million Investor
  • Neutral Sentiment: Company published its press release, slide deck and full earnings call/transcript and presentation — useful for investors wanting detail on segment performance and management commentary. Press Release & Investor Materials
  • Neutral Sentiment: Several outlets posted full earnings call transcripts and presentations — useful context but not market-moving by itself. Earnings Call Transcript (Seeking Alpha) Earnings Transcript (Yahoo) Earnings Presentation
  • Negative Sentiment: Big EPS miss: Reported Q4 EPS of $0.10 vs. consensus ~$0.31 — the miss was the primary headline driver and triggered the sell-off. Zacks: Lags Q4 Estimates
  • Negative Sentiment: Revenue fell sharply year-over-year (reported $624.45M, down ~36.5% YoY) — the combination of lower top-line and the EPS miss raises questions about near-term growth and margins. Q4 & Full-Year Results
  • Negative Sentiment: Analyst and news coverage emphasize the miss and weaker metrics versus estimates, amplifying negative sentiment; consensus long-run EPS estimates remain materially higher than the quarter’s result, leaving room for downward forecast revisions. Zacks: Key Metrics vs Estimates

Analyst Ratings Changes

Several equities research analysts have recently issued reports on HHH shares. Wall Street Zen upgraded Howard Hughes from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Howard Hughes in a report on Monday, December 29th. Finally, Zacks Research downgraded shares of Howard Hughes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $83.33.

Check Out Our Latest Analysis on HHH

Insider Activity at Howard Hughes

In other Howard Hughes news, Director Mary Ann Tighe sold 6,000 shares of Howard Hughes stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $88.83, for a total transaction of $532,980.00. Following the transaction, the director directly owned 13,495 shares of the company’s stock, valued at $1,198,760.85. The trade was a 30.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director R Scot Sellers acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The shares were acquired at an average price of $77.94 per share, with a total value of $389,700.00. Following the completion of the purchase, the director owned 67,517 shares of the company’s stock, valued at $5,262,274.98. This trade represents a 8.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 48.00% of the company’s stock.

Institutional Trading of Howard Hughes

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in shares of Howard Hughes by 134.2% during the second quarter. Allworth Financial LP now owns 363 shares of the company’s stock valued at $25,000 after acquiring an additional 208 shares during the period. TD Waterhouse Canada Inc. raised its holdings in Howard Hughes by 291.0% during the second quarter. TD Waterhouse Canada Inc. now owns 391 shares of the company’s stock worth $27,000 after purchasing an additional 291 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Howard Hughes in the third quarter worth approximately $31,000. Signaturefd LLC increased its position in shares of Howard Hughes by 41.5% during the 4th quarter. Signaturefd LLC now owns 423 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Howard Hughes by 191.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the company’s stock valued at $35,000 after purchasing an additional 339 shares during the period. 93.83% of the stock is owned by institutional investors.

About Howard Hughes

(Get Free Report)

Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.

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Earnings History for Howard Hughes (NYSE:HHH)

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