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Added to YB: 2025-02-25

Pitch date: 2025-02-11

HHH [bullish]

Howard Hughes Holdings Inc.

+12.76%

current return

Author Info

No bio for this author

Company Info

Howard Hughes Holdings Inc., together with its subsidiaries, develops and operates master planned communities (MPCs) in the United States.

Market Cap

$4.5B

Pitch Price

$75.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.64

P/E

15.02

EV/Sales

4.71

Sector

Real Estate Management and Development

Category

growth

Show full summary:
Pershing Square Holdings Portfolio Holding: Howard Hughes Holdings Inc.

HHH: Strong MPC land sales, $330M 2024 EBT guide. NOI growth from rent hikes & leasing. $3.1B condo pipeline. $700M+ financings, incl. $193M municipal receivables sale. Spun off SEG (Seaport NYC, LV Aviators, Jean-Georges stake). SEG: $175M rights offering, Pershing Square 39.5% stake.

Read full article (1 min)