NYSE:HHC

78.76
0.12 (0.15%) 1d
0
COMMENT
Howard Huges
They've had their third CEO in the past 18 months. They own communities in Las Vegas and Houston. It's cheap, trading at a wide discount to NAV. It's easily worth $120, twice as much as current prices.They now own office buildings in Houston which is tough to value, but HHC owns single-family lots in places like Houston. It's not a value trap, but you need to wait to see if the value crystallizes in the next few years. There are more defensive companies with better near-term growth.
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PAST TOP PICK
Howard Huges
(A Top Pick Jul 31/19, Down 8%) Should be at $175. It's a corporation, not a REIT, so not in REIT indices. Pays no dividend. They're completely self-funded with their own money. Outstanding world-class assets. They just announced a strategic review. Rumours of a sale inflated the stock, but the company didn't sell after all. So, investors dumped the stock. It has since recovered 80%.
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PAST TOP PICK
Howard Huges
(A Top Pick Jul 31/19, Down 18%) A large entity that still owns the Howard Huges lands in Las Vegas. In June an announcement was made that a strategic review of the stock was being made. The stock jumped up sharply afterwards. Since then they have not found a buyer, but have found ways to save $50 million a year. This was not enough for the speculative buyers and the stock has fallen since. Some of the best real estate assets on the planet, he thinks. He will continue to hold it. Yield 0%
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DON'T BUY
Howard Huges
Their earnings forecast for the next year has fallen off a cliff. It can fall as low as $76. He doesn't like the look of this.
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TOP PICK
Howard Huges

A $6 billion marketcap. A corporation that pays no dividend. Worth $170 per share. They own the original Howard Huges land in Las Vegas -- expensive real estate. Yield 0% (Analysts’ price target is $155.00)

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STRONG BUY
Howard Huges
This is a core holding for him. The value of the real estate holdings alone are $200 per share. It is a hard company to value as half the company is recurring revenue and half is land sales. He is not sure how price reconnects with value – perhaps a matter of time.
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Howard Huges (HHC-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Howard Huges is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Howard Huges (HHC-N) Frequently Asked Questions

What is Howard Huges stock symbol?

Howard Huges is a American stock, trading under the symbol HHC-N on the New York Stock Exchange (HHC). It is usually referred to as NYSE:HHC or HHC-N

Is Howard Huges a buy or a sell?

In the last year, there was no coverage of Howard Huges published on Stockchase.

Is Howard Huges a good investment or a top pick?

Howard Huges was recommended as a Top Pick by on . Read the latest stock experts ratings for Howard Huges .

Why is Howard Huges stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Howard Huges worth watching?

0 stock analysts on Stockchase covered Howard Huges In the last year. It is a trending stock that is worth watching.

What is Howard Huges stock price?

On 2023-08-11, Howard Huges (HHC-N) stock closed at a price of $78.76.