Hudson Pacific Properties, Inc. (HPP)
Market Cap | 801.70M |
Revenue (ttm) | 914.06M |
Net Income (ttm) | -223.96M |
Shares Out | 141.15M |
EPS (ttm) | -1.59 |
PE Ratio | n/a |
Forward PE | 6.32 |
Dividend | $0.18 (3.08%) |
Ex-Dividend Date | Mar 15, 2024 |
Volume | 2,139,690 |
Open | 6.00 |
Previous Close | 5.83 |
Day's Range | 5.65 - 6.07 |
52-Week Range | 4.05 - 9.86 |
Beta | 1.33 |
Analysts | Buy |
Price Target | 7.87 (+38.56%) |
Earnings Date | May 1, 2024 |
About HPP
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. [Read more]
Financial Performance
In 2023, HPP's revenue was $952.30 million, a decrease of -7.20% compared to the previous year's $1.03 billion. Losses were -$192.18 million, 240.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for HPP stock is "Buy." The 12-month stock price forecast is $7.87, which is an increase of 38.56% from the latest price.
News
Hudson Pacific Properties Reports First Quarter 2024 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media ...
Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release first quart...
Hudson Pacific Properties Reinstates Common Stock Quarterly Dividend, Declares Preferred Stock Dividend
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Bo...
Hudson Pacific Properties to Participate in Citi's 2024 Global Property CEO Conference
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Victor Coleman, Chairm...
Hudson Pacific Properties Reports Fourth Quarter 2023 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for tech and media tenants,...
Hudson Pacific Properties Announces 2023 Dividend Tax Treatment
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the tax treatment for its 2...
Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quar...
Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, and Macerich (NYSE: MAC), one of the nation...
Hudson Pacific Announces Completion of Credit Facility Amendment
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the company has closed on a...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hudson Pacific Properties, Inc.- HPP
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hudson Pacific Properties, Inc. ("Hudson Pacific" or the "Company") (NYSE: HPP). Such investors...
Hudson Pacific Properties Declares Fourth Quarter 2023 Preferred Stock Dividend
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Bo...
Hudson Pacific Appoints Michael Nash to Board of Directors
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been ...
Hudson Pacific Reaffirms Leadership in Sustainability with Industry-Wide Recognitions
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced that it has been recognized again...
Hudson Pacific Raises $189 Million from Silicon Valley Land and Studio Debt Sales
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested throug...
Bond market reflects jitters about wall of maturing office REIT debt
U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.
Hudson Pacific Appoints Robert Harris to Board of Directors
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris I...
Hudson Pacific Completes $455 Million Bentall Centre Loan Refinancing
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today the successful refinancing ...
Hudson Pacific Properties Reports Third Quarter 2023 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media ...
Hudson Pacific Properties Announces Dates for Third Quarter Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these syner...
Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Bo...
Hudson Pacific Properties to Participate in BofA Securities 2023 Global Real Estate Conference
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these syner...
Vornado, Hudson Pacific and Blackstone to build $350M TV and film production studio on Manhattan's Pier 94
Vornado Realty Trust VNO, +5.54%, Hudson Pacific Properties HPP, +5.19% and Blackstone Inc. BX, +1.22% said Tuesday they plan to spend $350 million to build a TV and film production studio on Manhatta...
Vornado Realty Trust, Hudson Pacific, Blackstone, and New York City Economic Development Corporation to Create Public-Private Partnership and First Purpose-Built Studio Campus in Manhattan at Pier 94
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Today, Vornado Realty Trust (NYSE: VNO), Hudson Pacific Properties (NYSE: HPP), Blackstone (NYSE: BX), the City of New York, and New York City Economic Develop...
Hudson Pacific Raises $72 Million with Sale of Two Los Angeles Office Properties
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested throug...
Hudson Pacific Properties Reports Second Quarter 2023 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media ...