Investors need to pay close attention to Howard Hughes Holdings stock based on the movements in the options market lately.
Despite industry woes, healthy demand for certain real estate categories and limited supply bode well for Real Estate Development industry companies like HHH and LSEA.
Bill Ackman probably wouldn't mind being mentioned in the same breath as Warren Buffett. In fact, a recent deal between his Pershing Square fund and Howard Hughes Holdings (HHH -0.76%) aims to transform the real estate business into a diversified holding company much like that of Buffett's Berkshire Hathaway.
Howard Hughes Holdings (HHH) has appreciating land assets and a growing revenue stream but is undervalued by the market. Bill Ackman's Pershing Square Holdings invested $900 million in HHH, aiming to diversify and generate free cash, modeling HHH after Berkshire Hathaway's early years. The Pershing Square deal transforms HHH into a growth company and makes it more visible to investors, potentially warranting multiple expansion.
Howard Hughes Holdings Inc. (NYSE:HHH ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Eric Holcomb - Senior Vice President, Investor Relations David O'Reilly - Chief Executive Officer Dave Striph - President of Asset Management & Operations Jay Cross - President Carlos Olea - Chief Financial Officer Bill Ackman - Executive Chairman Conference Call Participants Anthony Paolone - JPMorgan Connor Mitchell - Piper Sandler John Kim - BMO Capital Markets Operator Thank you for standing by. Welcome to the Howard Hughes Management's First Quarter 2025 Earnings Conference Call.
While the top- and bottom-line numbers for Howard Hughes Holdings (HHH) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Howard Hughes Holdings (HHH) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $1.06 per share a year ago.
The mean of analysts' price targets for Howard Hughes Holdings (HHH) points to a 34.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Howard Hughes Holdings said Bill Ackman's Pershing Square Capital Management will invest $900 million in the company, boosting its stake further and bringing Ackman back into the fold.
Billionaire investor Bill Ackman has ambitious plans to transform Howard Hughes Holdings (HHH -3.49%) into the next Berkshire Hathaway (BRK.A 0.02%) (BRK.B -0.13%). In this video, I'll discuss the latest developments with the potential deal, the current state of Howard Hughes' business, and why the company might think Ackman's offer is inadequate.
Howard Hughes Holdings Inc. (NYSE:HHH ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Eric Holcomb - Senior Vice President, Investor Relations David O'Reilly - Chief Executive Officer Dave Striph - President of Asset Management & Operations Jay Cross - President Carlos Olea - Chief Financial Officer Conference Call Participants Alexander Goldfarb - Piper Sandler Anthony Paolone - JPMorgan John Kim - BMO Capital Markets Craig Bibb - Jasper Funds Operator Good day, and thank you for standing by. Welcome to Howard Hughes' Fourth Quarter 2024 Earnings Conference Call.
Howard Hughes Holdings (HHH) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $0.69 per share a year ago.