Howard Hughes Holdings Inc. (HHH) Stock Analysis
Recovery setup
Real Estate · Real Estate - Development
Sell if holding. Multiple concerning factors at $67.59: Leverage penalty (D/E 1.5): -1.0; Consecutive earnings misses (2).
Howard Hughes Holdings is a real estate developer operating Master Planned Communities (Summerlin, Woodlands, Bridgeland, Teravalis across ~101,000 gross acres in 5 states), Operating Assets (77 properties: 37 office, 13 retail, 18 multifamily), and Strategic Developments... Read more
Sell if holding. Multiple concerning factors at $67.59: Leverage penalty (D/E 1.5): -1.0; Consecutive earnings misses (2). Chart setup: Death cross but MACD improving, RSI 69. Score 5.0/10, moderate confidence.
Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
About Howard Hughes Holdings Inc.
About Howard Hughes Holdings Inc.
Howard Hughes Holdings' master planned communities—Summerlin in Las Vegas, The Woodlands and Bridgeland in greater Houston, and Teravalis in the Phoenix region—span approximately 101,000 gross acres across five states, with 34,000 acres available for sale or development at December 31, 2025. The Operating Assets segment comprised 77 properties with roughly 9.3 million square feet of retail and office space and 5,855 multifamily units. At Ward Village in Honolulu, five condominium towers held $3.5 billion in contracted future revenue—two towers under construction 96% pre-sold and three in predevelopment 66% pre-sold.
Howard Hughes generates value through three interlocking segments. The MPC segment sells residential land (superpads and finished lots) to homebuilders in Las Vegas, Houston, and Phoenix, with pricing shaped by the company's dominant land supply and completed entitlements in each market. The Operating Assets segment collects recurring NOI from retail, office, and multifamily properties within the MPCs, targeting a portfolio yield of 8.8% on cost based on completed developments since 2011. The Strategic Developments segment converts land-sale cash flows into new commercial properties that then transfer to Operating Assets, extending the value cycle. In May 2025, the company sold 9,000,000 shares to Pershing Square for $900 million to seed a strategic diversification, and in December 2025 announced a definitive agreement to acquire specialty insurer Vantage Group Holdings for approximately $2.1 billion, expected to close in the second quarter of 2026.
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The Houston-area MPCs—The Woodlands, The Woodlands Hills, and Bridgeland—depend significantly on the energy sector, meaning a sustained decline in oil prices could reduce housing demand and commercial absorption in those communities. Separately, Summerlin in Las Vegas may be adversely impacted by the gaming and tourism industries, while Ward Village in Honolulu faces exposure to factors affecting Hawaiian tourism and air travel. Columbia, Maryland properties are heavily influenced by government spending and activity, adding a fourth idiosyncratic demand driver to the portfolio that is independent of broader economic conditions.
See also: Real Estate · Real Estate - Development
From Howard Hughes Holdings Inc.'s most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-06-15Recent Developments — Howard Hughes Holdings Inc.
Latest news
- NEWS A Look Back at Consumer Discretionary - Real Estate Services Stocks’ Q4 Earnings: Howard Hughes Holdings (NYSE:HHH) Vs T — Yahoo Finance neutral
- NEWS Howard Hughes Holdings (HHH) To Report Earnings Tomorrow: Here Is What To Expect - StockStory — StockStory neutral
- NEWS Howard Hughes Holdings (HHH) To Report Earnings Tomorrow: Here Is What To Expect - TradingView — TradingView neutral
- NEWS Howard Hughes Holdings (HHH) To Report Earnings Tomorrow: Here Is What To Expect - FinancialContent — FinancialContent neutral
- NEWS Earnings Preview: Howard Hughes Holdings (HHH) Q1 Earnings Expected to Decline - Yahoo Finance — Yahoo Finance negative
Generated 2026-06-17T09:07:23Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-04-21Item 5.02LOWHoward Hughes entered a warrant agreement with Mr. Grandisson on April 20, 2026 to purchase warrants for 1,131,273 shares at $100/share for $10M, exercisable 2030-2031 with transfer restrictions until 2030. Officer compensatory arrangement.SEC filing →
- 2026-02-17Item 1.01MEDIUMHHC (wholly-owned subsidiary) completed a $1B private offering of senior notes: $500M at 5.875% due 2032 and $500M at 6.125% due 2034 on February 17, 2026 to qualified institutional buyers under Rule 144A/Reg S.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
4 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $67.59: Leverage penalty (D/E 1.5): -1.0; Consecutive earnings misses (2). Chart setup: Death cross but MACD improving, RSI 69. Prior stop was $64.52. Score 5.0/10, moderate confidence.
Take-profit target: $76.78 (+13.5% upside). Prior stop was $64.52. Stop-loss: $64.52.
Leverage penalty (D/E 1.5): -1.0; Consecutive earnings misses (2); Weak growth.
Howard Hughes Holdings Inc. trades at a P/E of 31.2 (forward 65.5). TrendMatrix value score: 6.3/10. Verdict: Sell.
7 analysts cover HHH with a consensus score of 3.9/5. Average price target: $90.
What does Howard Hughes Holdings Inc. do?Howard Hughes Holdings is a real estate developer operating Master Planned Communities (Summerlin, Woodlands,...
Howard Hughes Holdings is a real estate developer operating Master Planned Communities (Summerlin, Woodlands, Bridgeland, Teravalis across ~101,000 gross acres in 5 states), Operating Assets (77 properties: 37 office, 13 retail, 18 multifamily), and Strategic Developments including Ward Village condominiums. Revenue comes from MPC land sales to homebuilders, commercial rents, and condo sales; the company is transitioning toward a diversified holding company with a pending ~$2.1B Vantage insurance acquisition.