Sign in

    Dara Hiwatt

    Vice President and Equity Research Analyst at Black Oak

    Dara Hiwatt is a Vice President and Equity Research Analyst at Black Oak, specializing in consumer discretionary and technology sectors. She covers high-profile companies such as Tesla, Shopify, and Netflix, and is recognized for her data-driven investment insights, maintaining a published success rate of 64% and generating an average annualized return of 14% on her recommendations. Dara launched her analyst career at Cowen Group in 2015, focusing on digital media before joining Black Oak in 2020 to expand their equity research practice. She holds FINRA Series 7, 63, and 86/87 licenses, and has been featured on industry platforms for top performance among her analyst peers.

    Dara Hiwatt's questions to Howard Hughes Holdings (HHH) leadership

    Dara Hiwatt's questions to Howard Hughes Holdings (HHH) leadership • Q3 2024

    Question

    Dara Hiwatt from Black Oak highlighted the company's strong performance and rising liquidity, asking how management compares new development returns against the stock's perceived low valuation and whether the company might hold its high liquidity for an extended period.

    Answer

    CEO David O'Reilly acknowledged the disconnect between the company's underlying value and its share price, which makes buybacks attractive. He stressed a balanced, long-term approach to capital allocation, weighing share repurchases against strategic, value-creating developments. O'Reilly suggested a potential shift towards fewer developments and more buybacks could occur depending on market conditions, but a balance is necessary to continue improving the communities.

    Ask Fintool Equity Research AI