Hudson Pacific Properties, Inc. (HPP)

NYSE: HPP · IEX Real-Time Price · USD
20.43
-0.28 (-1.35%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap3.02B
Revenue (ttm)928.23M
Net Income (ttm)-18.71M
Shares Out148.01M
EPS (ttm)-0.12
PE Ration/a
Forward PEn/a
Dividend$1.00 (4.89%)
Ex-Dividend DateMar 18, 2022
Volume2,311,743
Open20.61
Previous Close20.71
Day's Range20.34 - 20.87
52-Week Range20.15 - 30.35
Beta0.82
AnalystsBuy
Price Target29.29 (+43.4%)
Earnings DateApr 27, 2022

About HPP

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 24, 2010
Employees560
Stock ExchangeNYSE
Ticker SymbolHPP
Full Company Profile

Financial Performance

In 2021, HPP's revenue was $896.84 million, an increase of 11.41% compared to the previous year's $804.97 million. Earnings were $10.05 million, an increase of 393.47%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for HPP stock is "Buy." The 12-month stock price forecast is 29.29, which is an increase of 43.37% from the latest price.

Price Target
$29.29
(43.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Recovering Office Demand Is Driving Surging Rents for These REITs

The demise of the office seems overblown.

Other symbols:HIWKRC
2 weeks ago - The Motley Fool

Hudson Pacific Completes Acquisition of Washington 1000 Development Site

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 synergi...

2 weeks ago - Business Wire

Hudson Pacific Properties (HPP) Meets Q1 FFO Estimates

Hudson Pacific (HPP) delivered FFO and revenue surprises of 0% and 1.05%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Hudson Pacific Properties Reports First Quarter 2022 Financial Results

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 synergi...

2 weeks 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) today announced it will release first quarter financial results after the market closes on Wednesday, April 27, 2022. The compan...

1 month ago - Business Wire

Hudson Pacific Properties Appoints Ebs Burnough to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that entertainment and marketing executive and former White House official E...

1 month ago - Business Wire

Hudson Pacific Properties Declares Series C Cumulative Preferred Stock Dividend

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that the Company's Board of Directors has declared the initial dividend on i...

2 months ago - Business Wire

Hudson Pacific Properties Declares First Quarter 2022 Dividend

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that the Company's Board of Directors has declared a quarterly dividend on i...

2 months ago - Business Wire

Hudson Pacific Properties to Participate in Citi's 2022 Global Property CEO Conference

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that Victor Coleman, Chairman and Chief Executive Officer, and other members of the company's senior management ...

2 months ago - Business Wire

Hudson Pacific Properties (HPP) Q4 FFO and Revenues Surpass Estimates

Hudson Pacific (HPP) delivered FFO and revenue surprises of 6.12% and 7.55%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Hudson Pacific Properties Reports Fourth Quarter 2021 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the "Company" or "Hudson Pacific") (NYSE: HPP) today announced financial results for the fourth quarter 2021. Management Comments & Industr...

3 months ago - Business Wire

Hudson Pacific Properties Announces 2021 Dividend Tax Treatment

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced the tax treatment for its 2021 common stock dividends. The Company's dividen...

3 months ago - Business Wire

Why Show Business Real Estate Is an Attractive Investment

There's no business like it.

3 months ago - The Motley Fool

Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced it will release fourth quarter financial results after the market closes on Wednesday, February 16, 2022. The co...

3 months ago - Business Wire

Hudson Pacific Properties Further Expands Seattle Portfolio with Office Acquisition

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that it has purchased a leasehold interest in a 197,000-square-foot office building in Seattle for $119 million,...

4 months ago - Business Wire

Hudson Pacific Properties Declares Fourth Quarter 2021 Dividend

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that the Company's Board of Directors has declared a quarterly dividend on i...

5 months ago - Business Wire

Hudson Pacific Properties Donates $1 Million to Support Housing Development at the West Los Angeles VA Campus

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced a $1 million donation to support The Veterans Fund, a $10-million launch fund for the capital campaign to build ...

5 months ago - Business Wire

Hudson Pacific Properties Announces Pricing of Preferred Stock Offering

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced the pricing of an underwritten public offering of 16,000,000 shares of 4.750...

6 months ago - Business Wire

Hudson Pacific Properties (HPP) Beats Q3 FFO and Revenue Estimates

Hudson Pacific (HPP) delivered FFO and revenue surprises of 6.38% and 4.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Hudson Pacific Properties Reports Third Quarter 2021 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the "Company" or "Hudson Pacific") (NYSE: HPP) today announced financial results for the third quarter 2021. Management Comments & Industry...

6 months ago - Business Wire

Hudson Pacific Properties Earns Top Recognition in 2021 GRESB Assessment for ESG Leadership

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that it has earned top honors in the 2021 Global Real Estate Sustainability Benchmark (GRESB®) Real Estate Asses...

6 months ago - Business Wire

HPP or ILPT: Which Is the Better Value Stock Right Now?

HPP vs. ILPT: Which Stock Is the Better Value Option?

Other symbols:ILPT
6 months ago - Zacks Investment Research

HPP vs. CUBE: Which Stock Is the Better Value Option?

HPP vs. CUBE: Which Stock Is the Better Value Option?

Other symbols:CUBE
7 months ago - Zacks Investment Research

Hudson Pacific Properties Hires Vice President of Diversity and Inclusion

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced the appointment of Brent Obleton, Ed.D. as Vice President of Diversity and Inclusion. Obleton will be responsibl...

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) today announced it will release third quarter financial results after the market closes on Tuesday, October 26, 2021. The compan...

7 months ago - Business Wire