Hudson Pacific Properties, Inc. (HPP)

NYSE: HPP · IEX Real-Time Price · USD
5.68
-0.15 (-2.57%)
May 15, 2024, 4:00 PM EDT - Market closed
-2.57%
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]

Industry REIT - Office
Sector Real Estate
IPO Date Jun 24, 2010
Employees 758
Stock Exchange NYSE
Ticker Symbol HPP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$7.87
(38.56% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

14 days ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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,...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

Other symbols: MAC
4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: AREBXPKRCVNO
5 months ago - Market Watch

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...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

Other symbols: BXVNO
9 months ago - Market Watch

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...

Other symbols: BXVNO
9 months ago - Business Wire

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...

9 months ago - Business Wire

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 ...

10 months ago - Business Wire