MARKET COMPOSITE
HHC - Howard Hughes Corporation
Price
$0.00
+ 0.00 (0.00%)
The Howard Hughes Corporation is a major real estate development and management company based in The Woodlands, Texas. It began as part of the oil drilling tool business founded by Howard R. Hughes, Sr., in 1913, which under his son Howard Hughes, Jr., diversified into real estate development. The real estate operations became a separate company, which was acquired by The Rouse Company, which in turn was acquired by General Growth Properties . In 2010, GGP spun off The Howard Hughes Corporation as a separate company. The company dates to 1909 when Howard Hughes, Sr. received two patents for his revolutionary oil well drilling bits. In 1913, Hughes and Walter Sharp incorporated the Sharp-Hughes Tool Company. In 1915, Hughes became the sole owner and renamed the company Hughes Tool Company. Hughes Sr. died in 1924, and was succeeded by his son Howard Jr. The younger Hughes became involved in many businesses, including aviation, motion pictures, radio and television broadcasting, and real estate. In the 1950s, Hughes acquired some vacant land in and around Las Vegas; in the 1960s, he moved to Las Vegas, where he lived in the Desert Inn Hotel and Casino, acquired other casinos and hotels, and bought up more vacant land, which was left undeveloped during his lifetime.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue223.3MM+14%
Operating Income630K-96%
Operating Expenses222.7MM-
Net Income-19.1MM-15%
G&A20.2MM-14%
Amortization53.2MM+2%
Interest Expense33.9MM-11%
Stock Chart
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Stock news

    Century Communities, Inc., (NYSE: CCS) – a top 10 homebuilder, industry leader in online home sales and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023 – along with the Houston Texans, The Howard Hughes Corp., Greater Houston Builders Association and Operation Finally Home, celebrated the groundbreaking of a custom-built, mortgage-free home for U.S. Army Sergeant Joanna Ellenbeck.

    Howard Hughes Holdings Inc.® (NYSE: HHH) announced today that the Company will host its 2023 Investor Day on Wednesday, September 6th at the Seaport in Lower Manhattan, New York City. The event will include presentations led by the HHH executive team starting at 1:00 p.m. Eastern Time and will be webcast live.

    The Howard Hughes Corporation® ("HHC") and Howard Hughes Holdings Inc.® ("Howard Hughes Holdings") today announced completion of the previously announced holding company structure, making Howard Hughes Holdings the parent holding company of HHC. Howard Hughes Holdings replaces HHC as the public company trading on the New York Stock Exchange. HHC traded on the New York Stock Exchange under the ticker symbol "HHC". Commencing on Monday, August 14, 2023, Howard Hughes Holdings will trade under the

    The Howard Hughes Corp.’s master-planned communities in Houston helped the company keep a positive outlook in the second quarter despite a net loss, according to The Woodlands-based developer's quarterly earnings report.

    Q2 2023 Howard Hughes Corp Earnings Call

    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) delivered earnings and revenue surprises of -85.71% and 2.61%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

    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.

    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. Bridgeland ranked #6 nationwide, with 511 new homes sold by

    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 H