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The Howard Hughes Corporation (HHC) |
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Price: $78.7600
$0.12 
0.153%
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| Day's High:
| $79.02
| Week Perf:
| -7.32 %
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| Day's Low: |
$ 77.38 |
30 Day Perf: |
-5.19 % |
| Volume (M): |
114 |
52 Wk High: |
$ 0.00 |
| Volume (M$): |
$ 8,971 |
52 Wk Avg: |
$0.00 |
| Open: |
$77.92 |
52 Wk Low: |
$0.00 |
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| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
1,100 |
| Revenues (TTM) (Millions $) |
1,093 |
| Net Income (TTM) (Millions $) |
-539 |
| Cash Flow (TTM) (Millions $) |
63 |
| Capital Exp. (TTM) (Millions $) |
306 |
The Howard Hughes Corporation
The Howard Hughes Corporation is a major player in the real estate development market in the United States, with its headquarters in The Woodlands, Texas. The company is named after the famous billionaire business magnate Howard Hughes, who was known for his innovative ideas and contributions to various industries including aviation, filmmaking, and real estate.
The Howard Hughes Corporation's primary focus is on developing master-planned communities, mixed-use developments, and various commercial properties like office buildings, retail centers, and hotels. Its portfolio comprises various properties spread across 14 states, including Hawaii, California, New York, and Texas.
The company's master-planned communities are designed to offer residents a complete living experience, with amenities like parks, trails, lakes, and various recreational facilities. One of the most prominent master-planned communities developed by the company is The Woodlands, located near Houston, Texas. The Woodlands is one of the most successful new towns in the United States, known for its outstanding quality of life, economic growth, and environmental sustainability.
Apart from the real estate development, The Howard Hughes Corporation also owns and operates multiple assets that generate revenue, such as The Westin The Woodlands hotel, The Woodlands Waterway Marriott hotel, The Cynthia Woods Mitchell Pavilion, and The Shops at Summerlin in Las Vegas.
The Howard Hughes Corporation is also dedicated to sustainable development, with a commitment to creating eco-friendly projects that preserve natural resources and promote renewable energy. The Woodlands Township recently named the Howard Hughes Corporation as a recipient of its Environmental Service Award for Environmental Stewardship, in recognition of the company's significant contributions towards environmental conservation.
The Howard Hughes Corporation prides itself on being a responsible corporate citizen by giving back to the communities in which it operates. It supports various charitable organizations and projects focused on education, healthcare, arts, and culture.
In summary, The Howard Hughes Corporation is a significant player in the real estate industry, with a focus on developing master-planned communities that provide residents with a complete living experience. The company also owns and operates multiple assets that generate revenue and is committed to sustainable development and giving back to the communities in which it operates.
Company Address: 9950 Woodloch Forest Drive The Woodlands 77380 TX
Company Phone Number: 719-6100 Stock Exchange / Ticker: HHC
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| The Howard Hughes Corporation
The Howard Hughes Corporation, a real estate development company, recently reported its financial results for the fiscal span ending on March 31, 2024. Despite facing some challenges, the company managed to achieve a break-even point of $0.00 per share. This is a significant improvement compared to a loss of $0.46 per share in the previous year and a decline from $0.85 per share in the previous quarter.
One of the key factors contributing to the company's break-even point was a decrease in revenue. The Howard Hughes Corporation experienced a notable decline in revenue, amounting to -12.813%, from $196.29 million in the same quarter last year to $171.14 million. On a sequential basis, revenue tumbled even further, decreasing by -49.042% from $335.84 million in the previous quarter.
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| The Howard Hughes Corporation
For the fourth quarter of 2023, The Howard Hughes Corporation experienced a significant decline in income, with a decrease of 21.89% per share compared to the previous year. Their revenue also crumbled by 30.325% to $335.84 million from the same period a year before. However, there is a positive sign of improvement as the revenue increased by 25.005% from the preceding financial reporting period.
In terms of profitability, The Howard Hughes Corporation saw a decrease in net earnings for the fourth quarter of 2023, falling by 34.32% compared to the corresponding period in the previous year. Operating earnings also fell by 38.2% to $84.199 million, resulting in a decrease in operating margin from 28.26% to 25.07%.
On a positive note, there is a rise in accounts receivable, which can be interpreted as an indicator of rising demand. The accounts receivables were valued at $115.0 million, showing an increase compared to the preceding quarter.
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| The Howard Hughes Corporation
In the face of recent financial setbacks, The Howard Hughes Corporation (HHC) remains a company with immense potential. While its most recent fiscal period showcased a decline in revenue and net deficit, a deeper analysis of the company's performance reveals that these challenges are not insurmountable. HHC's ability to navigate these obstacles, coupled with its notable build-up in accounts receivable, suggests an underlying resilience and potential for future growth.
Revenue Decline and Potential for Recovery:
HHC experienced a decline in revenue during the most recent fiscal period, with a sharp -57.992% decrease compared to the same period last year. However, it is crucial to put this decline into perspective. Sequentially, the company managed to improve its revenue by 20.304%, indicating a positive trend in restoring financial stability.
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| The Howard Hughes Corporation
The financial results of The Howard Hughes Corporation for the April to June 2023 fiscal period have revealed a widening deficit compared to the previous year. While income per share improved from the previous quarter, the company faced a significant decline in revenue. This article aims to outline the key facts and interpret the implications of these results.
1. Decline in Earnings:
The Howard Hughes Corporation recorded a deficit of $-0.39 per share in the current quarter, which is a notable decline compared to $0.42 per share the previous year. This indicates financial struggles for the company and highlights challenges in maintaining profitability.
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| The Howard Hughes Corporation
Despite some negative trends in the Howard Hughes Corporation's recent financial reports, there is still plenty of reason to be optimistic about the company's future in the stock market. In the first quarter of 2023, the company's return on equity (ROE) came in at 4.51%, which is higher than its average ROE of 2.71%. Even though there was a decline in net income for the period, the HOOT's industry ranking deteriorated only slightly, and the company's operating earnings rose by over 18%.
While there were certainly some setbacks for the Howard Hughes Corporation in the first quarter of 2023, the overall outlook remains positive. The company fell into a loss of $0.46 per share, but this was a small decrease from $0.04 per share a year ago. Additionally, although revenue decreased by over 6% compared to the previous year, the company was still able to bring in $196.29 million in revenue.
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| Per Share |
Current |
| Earnings (TTM) |
0.85 $ |
| Revenues (TTM) |
-
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| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
-
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.85 $
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| Revenues (TTM) |
- |
| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
- |
| Dividend (TTM) |
0 $ |
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| Recognized at a point in time |
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 52.83 % |
of total Revenue |
| Assets revenues |
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39.02 % |
of total Revenue |
| Master Planned Communities revenues |
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54.25 % |
of total Revenue |
| Seaport revenues |
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6.57 % |
of total Revenue |
| Strategic Developments revenues |
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0.16 % |
of total Revenue |
| Corporate revenues |
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0.01 % |
of total Revenue |
| Master Planned Communities land sales |
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48.77 % |
of total Revenue |
| Master Planned Communities land sales Recognized at a point in time |
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48.77 % |
of total Revenue |
| Builder price participation |
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4.07 % |
of total Revenue |
| Builder price participation Recognized at a point in time |
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4.07 % |
of total Revenue |
| Other land, rental, and property revenues |
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12.04 % |
of total Revenue |
| Other land, rental, and property revenues Recognized at a point in time or over time |
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12.04 % |
of total Revenue |
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