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HPP

HPP - Hudson Pacific Properties Inc Stock Price, Fair Value and News

5.36USD-0.26 (-4.63%)Market Closed

Market Summary

HPP
USD5.36-0.26
Market Closed
-4.63%

HPP Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

HPP Stock Price

View Fullscreen

HPP RSI Chart

HPP Valuation

Market Cap

756.5M

Price/Earnings (Trailing)

-3.62

Price/Sales (Trailing)

0.83

EV/EBITDA

3.04

Price/Free Cashflow

3.69

HPP Price/Sales (Trailing)

HPP Profitability

EBT Margin

-21.87%

Return on Equity

-6.17%

Return on Assets

-2.54%

Free Cashflow Yield

27.08%

HPP Fundamentals

HPP Revenue

Revenue (TTM)

914.1M

Rev. Growth (Yr)

-15.16%

Rev. Growth (Qtr)

-4.21%

HPP Earnings

Earnings (TTM)

-209.2M

Earnings Growth (Yr)

-260.09%

Earnings Growth (Qtr)

39.82%

Breaking Down HPP Revenue

Last 7 days

-1.3%

Last 30 days

-7.4%

Last 90 days

-26.1%

Trailing 12 Months

19.1%

How does HPP drawdown profile look like?

HPP Financial Health

Debt/Equity

0.17

Debt/Cashflow

0.36

HPP Investor Care

Dividend Yield

18.15%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.18%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024914.1M000
20231.0B1.0B998.8M952.3M
2022928.2M964.1M996.8M1.0B
2021811.9M828.8M860.2M896.8M
2020827.3M829.2M818.0M805.0M
2019751.7M773.2M800.0M818.5M
2018734.0M728.6M719.3M728.4M
2017654.4M680.6M706.0M728.1M
2016611.6M614.1M627.1M639.6M
2015261.9M351.6M435.0M520.9M
2014213.8M228.5M243.3M254.7M
2013171.1M179.4M192.2M205.6M
2012144.2M149.8M153.5M160.5M
201184.5M106.8M126.2M142.2M
201048.6M52.6M56.6M60.7M
200900044.5M

Tracking the Latest Insider Buys and Sells of Hudson Pacific Properties Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 27, 2024
wattula andy
sold (taxes)
-17,355
6.5
-2,670
chief operating officer
Feb 27, 2024
gordon drew
sold (taxes)
-24,219
6.5
-3,726
chief investment officer
Feb 22, 2024
sholem barry a
bought
267,600
6.69
40,000
-
Feb 21, 2024
sholem barry a
bought
267,600
6.69
40,000
-
Feb 16, 2024
gordon drew
sold
-71,118
7.11185
-10,000
chief investment officer
Jan 01, 2024
nash michael b.
acquired
-
-
5,106
-
Dec 29, 2023
wattula andy
sold (taxes)
-25,434
9.31
-2,732
chief operating officer
Dec 29, 2023
gordon drew
sold (taxes)
-36,551
9.31
-3,926
chief investment officer
Nov 08, 2023
harris robert l ii
acquired
-
-
12,523
-
May 25, 2023
burnough erinn
acquired
-
-
27,088
-

1–10 of 50

Which funds bought or sold HPP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.72
-438,209
825,400
-%
May 16, 2024
JANE STREET GROUP, LLC
added
70.04
221,063
1,462,590
-%
May 15, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
reduced
-31.65
-9,039,000
8,130,000
0.01%
May 15, 2024
Squarepoint Ops LLC
added
22.26
-30,944
171,306
-%
May 15, 2024
Nebula Research & Development LLC
new
-
370,062
370,062
0.08%
May 15, 2024
Blackstone Inc.
unchanged
-
-10,859,700
24,491,300
0.10%
May 15, 2024
CAPITAL FUND MANAGEMENT S.A.
reduced
-16.62
-1,917,730
2,623,050
0.01%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
new
-
6,635,480
6,635,480
0.02%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-9.11
-1,770,840
3,011,010
-%
May 15, 2024
Arrow Investment Advisors, LLC
reduced
-19.83
-90,079
112,553
0.10%

1–10 of 46

Are Funds Buying or Selling HPP?

Are funds buying HPP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HPP
No. of Funds

Unveiling Hudson Pacific Properties Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
15.22%
21,456,959
SC 13G/A
Jan 30, 2024
state street corp
6.62%
9,328,816
SC 13G/A
Jan 19, 2024
blackrock inc.
19.6%
27,689,270
SC 13G/A
Feb 14, 2023
norges bank
7.42%
10,458,818
SC 13G/A
Feb 09, 2023
vanguard group inc
16.03%
22,591,218
SC 13G/A
Feb 03, 2023
state street corp
5.88%
8,282,675
SC 13G
Jan 26, 2023
blackrock inc.
17.7%
24,917,546
SC 13G/A
Jan 20, 2023
blackrock inc.
17.7%
24,917,546
SC 13G/A
Dec 07, 2022
blackrock inc.
17.2%
24,233,287
SC 13G/A
May 17, 2022
pggm investments
4.82%
6
SC 13G

Recent SEC filings of Hudson Pacific Properties Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading

Peers (Alternatives to Hudson Pacific Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.9B
11.2B
13.13% 1.87%
46.04
8.11
3.63% 50.79%
44.7B
6.8B
10.57% -9.74%
32.06
6.53
-2.39% -16.60%
28.3B
2.8B
9.91% 13.04%
29.6
10.08
5.72% -6.47%
21.7B
3.0B
6.63% 6.21%
110.61
7.35
10.44% -73.79%
13.5B
-
6.12% 9.11%
31.9
8.3
8.93% 11.87%
11.3B
1.4B
6.30% 4.57%
30.12
8.22
10.48% -2.93%
9.9B
3.3B
9.08% 28.09%
51.64
3
4.82% -75.15%
MID-CAP
8.5B
1.2B
5.40% 14.57%
35.59
7.38
5.48% -38.69%
3.4B
892.3M
6.62% 140.10%
-6.71
3.85
-5.33% -307.54%
3.4B
878.0M
1.11% 67.10%
-9.8
3.82
2.35% -290.60%
SMALL-CAP
1.4B
444.1M
12.17% 21.82%
20.36
3.15
3.54% 8.91%
1.2B
198.2M
6.70% -0.84%
-7.55
6.02
-43.33% -308.08%
1.1B
650.2M
7.51% 2.13%
36.77
1.73
27.93% 140.31%
572.0M
285.4M
-8.06% -36.92%
-4.15
2
11.05% 83.70%
459.4M
277.2M
15.74% -12.95%
-56.03
1.66
25.89% 94.64%

Hudson Pacific Properties Inc News

Latest updates
Defense World • 12 hours ago
MarketBeat • 17 May 2024 • 07:00 am
Seeking Alpha • 24 Mar 2024 • 07:00 am
Yahoo Finance • 2 months ago
The Motley Fool • 3 months ago

Hudson Pacific Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-4.2%214223231245252270260251245240228216213204196199206217208197197
Costs and Expenses-100.0%-22.0022.0023.0022.0022.0020.0018.0018.0019.0018.0018.0016.00-10.9426.0024.0027.00-88.08---
Operating Expenses-7.1%222239228229227231218213205198191183179179168164167173166158159
  S&GA Expenses-100.0%-20.0018.0019.0019.0017.0020.0022.0021.0018.0018.0017.0018.0024.0017.0018.0019.0018.0018.0018.0018.00
EBITDA Margin-8.2%0.43*0.47*0.52*0.51*0.51*0.49*0.53*0.53*0.54*0.55*-----------
Interest Expenses-15.8%44.0052.0054.0055.0054.0048.0037.0034.0031.0030.0031.0031.0030.0030.0030.0028.0026.0028.0027.0027.0024.00
Income Taxes-100.0%-4.00-0.426.00-3.00-1.31-0.76-------------
Earnings Before Taxes37.3%-53.35-85.16-36.18-25.17-14.82-2.75-8.103.00-------------
EBT Margin-29.1%-0.22*-0.17*-0.08*-0.05*-0.02*-0.02*0.03*0.03*0.03*0.03*-----------
Net Income39.8%-53.35-88.66-35.75-31.47-14.82-5.66-6.794.00-7.6117.00-6.187.0011.00-3.17-1.367.0014.0014.0063.0013.00-36.90
Net Income Margin-27.7%-0.23*-0.18*-0.09*-0.06*-0.02*-0.02*0.01*0.01*0.01*0.03*0.01*0.02*---------
Free Cashflow606.5%65.009.0071.0059.0093.0041.0013895.0095.0029.0011358.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.4%8,2518,2828,9879,1069,1249,3199,3209,0519,0048,9908,8048,4268,4048,3507,9427,6077,8457,4677,4287,4877,374
    Cash Equivalents13.9%11410075.0010916325616226713897.0011111113411436545.0039246.0057.0048.0052.00
  Net PPE0.8%12011911612012413012960.0060.0058.0060.00--8.00-------
  Goodwill0%264264264264264264261109109109105--9.00-------
Liabilities1.7%4,8014,7215,2615,3325,2945,4345,3935,0664,9234,6544,8124,3434,3294,2453,9073,8694,0783,6223,5643,6533,509
  Long Term Debt-100.0%-5655734,47366.004,5864,4494,12952512866.003,49113113266.0066.003,23466.002,72866.00137
Shareholder's Equity10.1%3,3893,0783,1793,6453,6993,3053,7923,8493,9434,1973,8523,9463,9363,9683,8983,6023,6303,7093,7323,7093,740
  Retained Earnings---------------------31.35-41.19
  Additional Paid-In Capital3.8%2,7542,6522,7482,7842,8352,8902,9352,9863,0643,3173,3903,4353,4243,4703,2333,3173,3503,4163,4423,4503,485
Shares Outstanding0.1%141141141141141141141146149152151151---------
Minority Interest-100.0%-81.0034573.0037637863.0059.0055.0052.0048.0046747746732.0027027023.00270268267
Float----583---2,070---4,100---3,800---5,020-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations606.5%65.009.0071.0059.0093.0041.0013895.0095.0029.0011358.0011554.0011047.0090.0054.0088.0056.0089.00
  Share Based Compensation-3.1%7.007.006.006.005.006.006.006.005.005.006.006.004.008.005.005.005.004.005.005.005.00
Cashflow From Investing-112.0%-71.36592-31.09-10310.00-42.67-231-31.98-72.27-193-356-106-97.21-701-138-88.76-78.10-10963.00-141-128
Cashflow From Financing103.6%21.00-576-73.97-10.35-20583.00-18.7355.00-22.2814131924.002.00393375-30533444.00-14281.0037.00
  Dividend Payments----18.0037.0036.0036.0036.0037.0039.0039.0039.0038.0038.0039.0039.0039.0039.0039.0039.0040.00
  Buy Backs-----1.00-50.00-37.0010031.00--15.0027.0027.00-35.00----
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HPP Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES  
Revenues$ 214,023,000$ 252,263,000
OPERATING EXPENSES  
Operating expenses110,056,000111,298,000
General and administrative19,710,00018,724,000
Depreciation and amortization91,854,00097,139,000
Total operating expenses221,620,000227,161,000
OTHER INCOME (EXPENSES)  
Loss from unconsolidated real estate entities(743,000)(745,000)
Fee income1,125,0002,402,000
Interest expense(44,089,000)(53,807,000)
Interest income854,000371,000
Management services reimbursement income—unconsolidated real estate entities1,156,0001,064,000
Management services expense—unconsolidated real estate entities(1,156,000)(1,064,000)
Transaction-related expenses(2,150,000)(1,186,000)
Unrealized (loss) gain on non-real estate investments(898,000)839,000
Gain on sale of real estate07,046,000
Other income143,0005,161,000
Total other expenses(45,758,000)(39,919,000)
Loss before income tax benefit (provision)(53,355,000)(14,817,000)
Income tax benefit (provision)00
Net loss(53,355,000)(14,817,000)
Net income attributable to participating securities(202,000)(553,000)
Net loss (income) attributable to non-controlling interest in consolidated real estate entities4,169,000(1,031,000)
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities1,157,000894,000
Net loss attributable to common units in the operating partnership1,229,000282,000
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS$ (52,202,000)$ (20,425,000)
BASIC AND DILUTED PER SHARE AMOUNTS  
Net loss attributable to common stockholders—basic (in dollars per share)$ (0.37)$ (0.14)
Net loss attributable to common stockholders—diluted (in dollars per share)$ (0.37)$ (0.14)
Weighted average shares of common stock outstanding—basic (in shares)141,122,337141,025,021
Weighted average shares of common stock outstanding—diluted (in shares)141,122,337141,025,021
Series A preferred units  
OTHER INCOME (EXPENSES)  
Net income attributable to preferred units/shares$ (153,000)$ (153,000)
Series C preferred stock  
OTHER INCOME (EXPENSES)  
Net income attributable to preferred units/shares(5,047,000)(5,047,000)
Office  
REVENUES  
Rental revenues171,427,000202,657,000
Service and other revenues3,648,0003,976,000
Revenues175,075,000206,633,000
OPERATING EXPENSES  
Operating expenses72,947,00074,054,000
Studio  
REVENUES  
Rental revenues13,600,00016,253,000
Service and other revenues25,348,00029,377,000
Revenues38,948,00045,630,000
OPERATING EXPENSES  
Operating expenses$ 37,109,000$ 37,244,000

HPP Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Investment in real estate, at cost$ 8,178,529$ 8,212,896
Accumulated depreciation and amortization(1,736,720)(1,728,437)
Investment in real estate, net6,441,8096,484,459
Non-real estate property, plant and equipment, net119,750118,783
Cash and cash equivalents114,305100,391
Restricted cash19,26718,765
Accounts receivable, net23,98024,609
Straight-line rent receivables, net217,685220,787
Deferred leasing costs and intangible assets, net319,214326,950
Operating lease right-of-use assets370,056376,306
Prepaid expenses and other assets, net90,81294,145
Investment in unconsolidated real estate entities270,440252,711
Goodwill264,144264,144
TOTAL ASSETS8,251,4628,282,050
Liabilities  
Accounts payable, accrued liabilities and other203,194203,736
Operating lease liabilities383,993389,210
Intangible liabilities, net26,30527,751
Security deposits, prepaid rent and other87,04788,734
Total liabilities4,800,9754,720,881
Commitments and contingencies (note 20)
Redeemable preferred units of the operating partnership9,8159,815
Redeemable non-controlling interest in consolidated real estate entities52,10857,182
Hudson Pacific Properties, Inc. stockholders' equity:  
Common stock, $0.01 par value, 481,600,000 authorized, 141,144,592 and 141,034,806 shares outstanding at March 31, 2024 and December 31, 2023, respectively1,4031,403
Additional paid-in capital2,753,6402,651,798
Accumulated other comprehensive income (loss)3,033(187)
Total Hudson Pacific Properties, Inc. stockholders’ equity3,183,0763,078,014
Total equity3,388,5643,494,172
TOTAL LIABILITIES AND EQUITY8,251,4628,282,050
Non-controlling interest—members in consolidated real estate entities  
Hudson Pacific Properties, Inc. stockholders' equity:  
Non-controlling interest120,526335,439
Non-controlling interest—units in the operating partnership  
Hudson Pacific Properties, Inc. stockholders' equity:  
Non-controlling interest84,96280,719
4.750% Series C Cumulative Redeemable Preferred Stock  
Hudson Pacific Properties, Inc. stockholders' equity:  
4.750% Series C cumulative redeemable preferred stock, $0.01 par value, $25.00 per share liquidation preference, 18,400,000 authorized, 17,000,000 shares outstanding at March 31, 2024 and December 31, 2023425,000425,000
Unsecured and secured debt, net  
Liabilities  
Debt, net4,034,3003,945,314
Joint venture partner debt  
Liabilities  
Debt, net$ 66,136$ 66,136
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.
 CEO
 WEBSITEHudsonPacificProperties.com
 INDUSTRYREIT Mortgage
 EMPLOYEES885

Hudson Pacific Properties Inc Frequently Asked Questions


What is the ticker symbol for Hudson Pacific Properties Inc? What does HPP stand for in stocks?

HPP is the stock ticker symbol of Hudson Pacific Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hudson Pacific Properties Inc (HPP)?

As of Fri May 17 2024, market cap of Hudson Pacific Properties Inc is 756.54 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HPP stock?

You can check HPP's fair value in chart for subscribers.

What is the fair value of HPP stock?

You can check HPP's fair value in chart for subscribers. The fair value of Hudson Pacific Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hudson Pacific Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HPP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hudson Pacific Properties Inc a good stock to buy?

The fair value guage provides a quick view whether HPP is over valued or under valued. Whether Hudson Pacific Properties Inc is cheap or expensive depends on the assumptions which impact Hudson Pacific Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HPP.

What is Hudson Pacific Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HPP's PE ratio (Price to Earnings) is -3.62 and Price to Sales (PS) ratio is 0.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HPP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hudson Pacific Properties Inc's stock?

In the past 10 years, Hudson Pacific Properties Inc has provided -0.108 (multiply by 100 for percentage) rate of return.