Howard Hughes

The Howard Hughes Corp. engages in the development and management of commercial, residential, and mixed-use real estate. It operates through the following segments: Operating Assets, Master Planned Communities, Seaport District, and Strategic Developments. The Operating Assets segment consists of retail, office, hospitality, and multi-family properties along with other real estate investments. The Master Planned Communities segment focuses on the development and sale of land in large-scale, long-term community development projects in and around Las Vegas, Nevada, Houston, Texas, and Columbia, Maryland. The Seaport District operates approximately 453,000 square feet of restaurant, retail, and entertainment properties situated in three primary locations in New York, New York: Pier 17, Historic Area/Uplands, and Tin Building. The Strategic Developments segment is involved in other real estate assets in the form of entitled and unentitled land and residential condominium developments. The company was founded in July 2010 and is headquartered in Woodlands, TX.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Howard Hughes Holdings Inc. is a holding company. It operates through the following segments: Operating Assets, MPCs, Strategic Developments, and Seaport. The MPC segment is involved in the horizontal development of residential land and selling the improved acreage to homebuilders for the eventual sale of homes to new residents. The Strategic Developments segment focuses on building commercial properties at the appropriate time using the cash flow harvested from the sale of land to homebuilders which helps mitigate development risk. The Seaport segment includes a few multiblock districts largely under private management by a single owner and is being revitalized and enhanced into a mixed-use neighborhood featuring unique culinary and entertainment offerings. The company was founded on June 9, 2023 and is headquartered in The Woodlands, TX.

Billionaire hedge fund boss Bill Ackman is looking to bounce back from his botched Pershing Square USA IPO by eyeing a deal to take the Howard Hughes real estate firm private, regulatory filings show.

Billionaire Bill Ackman mulls deal to take Seaport developer Howard Hughes' firm private

The Howard Hughes Corporation (NYSE:HHC ) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants Eric Holcomb – Senior Vice President-Investor Relations David O'Reilly – Chief Executive Officer Dave Striph – Head-Operations Jay Cross – President Carlos Olea – Chief Financial Officer Conference Call Participants Alexander Goldfarb – Piper Sandler Anthony Paolone – J.P. Morgan John Kim – BMO Capital Markets Peter Abramowitz – Jefferies Alex Barron – Housing Research Center Hamed Khorsand – BWS Financial Alexander Goldfarb – Piper Sandler Operator Good day, and welcome to The Howard Hughes Corporation's Second Quarter 2023 Earnings Call.

The Howard Hughes Corporation (HHC) Q2 2023 Earnings Call Transcript

Howard Hughes (HHC) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.42 per share a year ago.

Howard Hughes (HHC) Reports Q2 Loss, Tops Revenue Estimates

Although the revenue and EPS for Howard Hughes (HHC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Howard Hughes (HHC) Reports Q2 Earnings: What Key Metrics Have to Say

Strong MPC home sales and Operating Assets performance contribute to improved outlook and increased full year 2023 guidance expectations HOUSTON , Aug. 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company," "HHC" or "we") today announced operating results for the second quarter ended June 30, 2023. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information, as available through the Investors section of our website, provide further detail of these results.

THE HOWARD HUGHES CORPORATION® REPORTS SECOND QUARTER 2023 RESULTS

New Home Sales Momentum Continues Across The Howard Hughes Corporation® Portfolio HOUSTON, Aug. 1, 2023 /PRNewswire/ -- Two award-winning communities of The Howard Hughes Corporation® (NYSE: HHC)—Summerlin® in Las Vegas, NV, and Bridgeland® in the Greater Houston, TX area—ranked among the country's best-selling master planned communities, according to a mid-year report released by national real estate consultant RCLCO. Summerlin ranked #5 on the RCLCO list with 544 new homes sold during the first half of 2023 and continues to be Nevada's top-selling MPC.

RCLCO Ranks Summerlin® and Bridgeland® Among Nation's Best-Selling Master Planned Communities in 2023 Mid-Year Report

Ameris Bancorp

Agree Realty

Cleveland-Cliffs

CNX Resources

Callon Petroleum

DISH Network

East West Bancorp

GameStop

Luminar Technologies

Mercedes-Benz Group AG

MoonLake Immunotherapeutics

Nissan Motor Co Ltd

RenaissanceRe Hlds

Simmons First National Corporation

SPDR S&P 500 ETF Trust

Texas Capital Bancshares

Volvo AB

Zions Bancorp

We continue with our recurring series based on analyzing mid-cap stocks that have enjoyed periods unusual insider interest during the second quarter of the year. An overwhelming trend of bank insiders buying stakes in the regional banking sector still pursues, with insiders signaling that the banking crisis was largely overblown in our view. Today, we are dissecting insider purchases from notable insiders in Zions Bancorporation, Luminar Technologies, GameStop Corporation, East West Bancorp, and Ameris Bancorp.

Strong Mid-Cap Insider Buys: Q2 2023

Howard Hughes Holdings Inc

Howard Hughes Corp. HHC, +1.73% said late Tuesday that its board has authorized a reorganization into a holding company, which will lead to a ticker-symbol change. The transformation involves the incorporation of a new holding company that will become the new parent and the new public company trading on the New York Stock Exchange.

Howard Hughes to trade under different ticker after reorganization

HOUSTON , July 18, 2023 /PRNewswire/ -- As previously announced by the Company on July 17, 2023, the Board of Directors of the Company has authorized the Company to proceed with the implementation of a holding company reorganization, which will involve the incorporation of a new holding company that will become the new parent company of the Company and will replace the Company as the public company trading on the New York Stock Exchange.  The Company has determined that the name of the above-referenced holding company will be "Howard Hughes Holdings Inc."  The Company will continue to trade under the symbol "HHC" until and on the effective date of the reorganization, which is Friday, August 11, 2023.

THE HOWARD HUGHES CORPORATION® ANNOUNCES CREATION OF HOLDING COMPANY STRUCTURE

Howard Hughes Corp.'s stock HHC, -1.32% rose 2.6% in premarket trade Monday, after the company said its board has authorized the creation of a newly incorporated holding company structure, which will become the new parent and replace it as publicly traded entity on the New York Stock Exchange. The existing shares of The Howard Hughes Corporation stock, which mostly invests in real estate, will be automatically converted, on a one-for-one basis, into shares of common stock of The Howard Hughes Holding Corporation, which will retain the ticker symbol “HHC” as trading continues uninterrupted on the NYSE, the company said in a statement.

Howard Hughes to create new holding company structure to promote growth

HHC to Host Earnings Call on August 9, 2023 HOUSTON , July 10, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that the Company will release 2023 second quarter earnings on Tuesday, August 8, 2023, after the market closes and will hold its second quarter conference call on Wednesday, August 9, 2023, at 10:00 a.m. Eastern Time.

THE HOWARD HUGHES CORPORATION® ANNOUNCES DATES AND TIMES FOR 2023 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

HOUSTON , June 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today the appointment of David Eun to the company's Board of Directors. An experienced C-suite executive and investor with over 25 years of experience in technology and media, Mr.

THE HOWARD HUGHES CORPORATION® ANNOUNCES APPOINTMENT OF DAVID EUN TO BOARD OF DIRECTORS

Impinj

Semtech

TechTarget Inc

Detection and removal of overpriced stocks is the key to a healthy portfolio. Stocks that investors may sell right away include HHC, PI, TTGT and SMTC.

4 Stocks Not Recommended for Your Portfolio (Revised)

Presentation and Live Webcast to be Held June 6, 2023, at 10:15 am ET HOUSTON , June 2, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that Chief Executive Officer David O'Reilly will participate in a presentation moderated by Anthony Paolone from JP Morgan at NAREIT's REITweek 2023 Investor Conference in New York City on Tuesday, June 6, 2023, at 10:15 am ET.                 HHC's live presentation will be accessible via audio webcast using the link below.

THE HOWARD HUGHES CORPORATION® TO PRESENT AT NAREIT REITWEEK 2023 INVESTOR CONFERENCE

Pegasystems

Vertex, Inc.

Detection and removal of toxic stocks is the key to a healthy portfolio. Stocks that investors may sell right away include HHC, VERX, TTGT and PEGA.

Discard These 4 Toxic Stocks to Enhance Portfolio Performance

Castellum Inc

B. Riley Financial

According to a famous saying on Wall Street, “Insiders sell stocks for many reasons, but they only buy stocks for one reason.” (The SEC, according to Investopedia , defines an insider as ” an officer, director, or 10% shareholder of a company that has inside information into the company.

3 Stocks That Company Insiders Can't Get Enough Of

Alphabet

Bill Ackman (Trades, Portfolio), founder of Pershing Square Capital Management, disclosed in a regulatory 13F filing that his firm's top trades during the first quarter included a new position in both share classes of Alphabet Inc. ( GOOGL , Financial)( GOOG , Financial) and boosts to its holdings of The Howard Hughes Corp. ( HHC , Financial) and Canadian Pacific Kansas City Ltd. ( CP , Financial).

Bill Ackman's Firm Storms Into Alphabet, Boosts Howard Hughes

Howard Hughes Corp (NYSE:HHC ) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Eric Holcomb - SVP, IR David O'Reilly - CEO & Director David Striph - EVP & Head, Operations Jay Cross - President Carlos Olea - CFO Conference Call Participants Anthony Paolone - JPMorgan Alexander Goldfarb - Piper Sandler John Kim - BMO Capital Markets Hamed Khorsand - BWS Financial Operator Good morning, and welcome to The Howard Hughes Corporation's First Quarter 2023 Earnings Call. [Operator Instructions] I'd now like to turn the conference over to Eric Holcomb, Senior Vice President of Investor Relations.

Howard Hughes Corp (HHC) Q1 2023 Earnings Call Transcript

Howard Hughes (HHC) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to earnings of $0.04 per share a year ago.

Howard Hughes (HHC) Reports Q1 Loss, Misses Revenue Estimates

MPC land sales, a sharp recovery in new homes sold, Operating Assets   NOI growth, and solid leasing momentum all drive a strong start to the year HOUSTON , May 8, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company," "HHC" or "we") today announced operating results for the first quarter ended March 31, 2023. The financial statements, exhibits, and reconciliations of non-GAAP measures in the attached Appendix and the Supplemental Information, as available through the Investors section of our website, provide further detail of these results.

THE HOWARD HUGHES CORPORATION® REPORTS FIRST QUARTER 2023 RESULTS

Bill Ackman (Trades, Portfolio) can't seem to get enough of The Howard Hughes Corp. ( HHC , Financial). According to GuruFocus Real-Time Picks, a Premium feature, the activist investor's Pershing Square Capital Management now owns 32.19% of the company's total shares outstanding after buying more shares on May 4, 2023.

Bill Ackman and the Quest to Build a Mini-Berkshire

Howard Hughes Corporation: An Ever-Lasting Investment.

Howard Hughes Corporation: An Ever-Lasting Investment

Marking the fourth increase since the beginning of the year, billionaire investor Bill Ackman (Trades, Portfolio) disclosed earlier this week he boosted Pershing Square Capital Management's stake in The Howard Hughes Corp. ( HHC , Financial) by 0.11%.

Bill Ackman Continues to Build Up Howard Hughes Investment

HOUSTON, April 10, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that the Company will release 2023 first quarter earnings on Monday, May 8, 2023, after the market closes and will hold its first quarter conference call on Tuesday, May 9, 2023, at 10:00 a.m. Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call.

THE HOWARD HUGHES CORPORATION® ANNOUNCES DATES AND TIMES FOR 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL

SoFi Technologies

GitLab

PacWest Bancorp

Charles Schwab

It's been an interesting week following the collapse of SVB Financial Group (NASDAQ: SIVB ) subsidiary Silicon Valley Bank. The stock market received a major blessing after it was announced that government agencies would backstop and insure the bank's deposits, even above the Federal Deposit Insurance Corporation (FDIC) limit of $250,000.

News for Howard Hughes Stock (HHC)