Vmbook Online ordering
The Howard Hughes Corporation
The Howard Hughes Corporation is a publicly traded real estate company that is listed on the New York Stock Exchange (NYSE) under the ticker symbol HHC. The company was founded in 1978 and is headquartered in Dallas, Texas.
The Howard Hughes Corporation is a real estate investment trust (REIT) that focuses on the development, ownership, and management of mixed-use communities, commercial, and residential properties. The company's portfolio includes properties in various parts of the United States, including Texas, Colorado, Hawaii, and Maryland.
One of the company's most notable projects is The Woodlands, a master-planned community located in Houston, Texas. Other notable projects include the redevelopment of the former KBR site in Houston, the redevelopment of the former ConocoPhillips site in Lower Manhattan, and the Ward Village community in Honolulu, Hawaii.
The Howard Hughes Corporation has a strong track record of creating value for its shareholders through its development and management of real estate properties. The company has been publicly traded for over 40 years and has a large and liquid market for its shares, with an average trading volume of over 200,000 shares per day.
The company's financial performance has been strong in recent years, with revenues and net income growing steadily. In 2020, the company reported revenues of $884 million and net income of $119 million. The company has a solid balance sheet, with a ratio of debt to total capitalization of 43%, which provides it with the financial flexibility to invest in new opportunities.
The Howard Hughes Corporation has a strong corporate governance structure in place, with a board of directors that includes experienced real estate professionals and representatives from the company's largest shareholders. The board of directors has a committee dedicated to ensuring that the company's business practices align with its environmental, social, and governance (ESG) values.
In summary, The Howard Hughes Corporation is a publicly traded real estate company with a strong track record of creating value for its shareholders through its development and management of mixed-use communities, commercial, and residential properties. The company has a solid balance sheet, a strong corporate governance structure, and a commitment to ESG values. It has a large and liquid market for its shares and has been publicly traded for over 40 years, providing investors with a stable and established investment opportunity in the real estate sector.