Hudson Pacific Properties, Inc. (HPP)
| Market Cap | 457.35M |
| Revenue (ttm) | 834.77M |
| Net Income (ttm) | -364.14M |
| Shares Out | 144.96M |
| EPS (ttm) | -2.58 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.10 (3.17%) |
| Ex-Dividend Date | Jun 17, 2024 |
| Volume | 2,328,621 |
| Open | 3.320 |
| Previous Close | 3.280 |
| Day's Range | 3.130 - 3.350 |
| 52-Week Range | 2.390 - 7.200 |
| Beta | 1.33 |
| Analysts | Hold |
| Price Target | 3.85 (+22.03%) |
| Earnings Date | Feb 20, 2025 |
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 2024, Hudson Pacific Properties's revenue was $834.77 million, a decrease of -11.98% compared to the previous year's $948.40 million. Losses were -$364.14 million, 89.5% more than in 2023.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for HPP stock is "Hold." The 12-month stock price forecast is $3.85, which is an increase of 22.03% from the latest price.
News
Hudson Pacific Properties to Participate in Citi's 2025 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...
REIT Replay: REIT Share Prices Tick Up During Week Ended Feb. 21
Share prices for US equity real estate investment trusts ticked up slightly during the week ended Feb. 21, outperforming the broader stock market. Looking at the Dow Jones US real estate property sect...
Hudson Pacific Properties: Stick A Fork In It
Hudson Pacific Properties Inc. reported Q4-2024 results and showed a big drop in NOI for the year. Q4-2024 results show a drop in FFO to 11 cents and AFFO to 2 cents per share, with debt to EBITDA ris...
Hudson Pacific Properties, Inc. (HPP) Q4 2024 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Laura Campbell - Executive Vice President, Investor Relations & Marketing...
Hudson Pacific Properties Reports Fourth 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 tech and media tenants,...
Hudson Pacific: Buying Opportunity After Stock Retraced
Hudson Pacific Properties has secured agreements with major corporations like Google and Amazon, indicating strong potential for future deals and positive cash flow growth. Despite recent earnings mis...
Hudson Pacific Properties Announces 2024 Dividend Tax Treatment
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 the tax tre...
Hudson Pacific Sells Los Angeles Office Property
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 closed on the s...
Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires
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 its office properties ...
Hudson Pacific Properties Announces Date 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...
PMG CEO Kevin Maloney on the state of commercial real estate
Kevin Maloney, founder and CEO at PMG, joins CNBC's ‘The Exchange' to discuss his 2025 commercial real estate outlooks, top real estate trends to watch, and more.
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
Hudson Pacific Completes Sale of Palo Alto Office Property
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 closed on the s...
Hudson Pacific Properties Declares Fourth Quarter 2024 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...
Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
Hudson Pacific: Ignore The Noise, Stay With The Trend
Our sell rating on Hudson Pacific Properties, Inc. in August has proven accurate due to significant issues plaguing this office properties REIT. Occupancy is below 80%, FFO has declined drastically, a...
Hudson Pacific Properties: I'm Still Not Buying The Preferreds
Hudson Pacific Properties suspended its common shareholder dividend due to rising vacancy rates and weak demand for studio space post-2023 Hollywood strikes. HPP's Q3 2024 revenue dropped 13.4% year-o...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
Hudson Pacific Properties: This Duckling REIT Is Ready To Fly
Hudson Pacific Properties has faced significant challenges, particularly in its office and studio segments, but its current valuation presents an attractive risk-reward proposition for patient investo...
Hudson Pacific Properties, Inc. (HPP) Q3 2024 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Laura Campbell – Executive Vice President-Investor Relations and Marketin...
Hudson Pacific Properties Reports Third 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 ...