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HPP

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

5.71USD-0.09 (-1.55%)Market Closed

Market Summary

HPP
USD5.71-0.09
Market Closed
-1.55%

HPP Stock Price

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HPP RSI Chart

HPP Valuation

Market Cap

805.7M

Price/Earnings (Trailing)

-4.72

Price/Sales (Trailing)

0.85

EV/EBITDA

2.73

Price/Free Cashflow

3.47

HPP Price/Sales (Trailing)

HPP Profitability

EBT Margin

-15.40%

Return on Equity

-5.55%

Return on Assets

-2.06%

Free Cashflow Yield

28.83%

HPP Fundamentals

HPP Revenue

Revenue (TTM)

952.3M

Rev. Growth (Yr)

-17.23%

Rev. Growth (Qtr)

-3.47%

HPP Earnings

Earnings (TTM)

-170.7M

Earnings Growth (Yr)

-1.5K%

Earnings Growth (Qtr)

-147.97%

Breaking Down HPP Revenue

Last 7 days

-14.6%

Last 30 days

-10.5%

Last 90 days

-31.1%

Trailing 12 Months

-3.2%

How does HPP drawdown profile look like?

HPP Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.41

HPP Investor Care

Dividend Yield

6.9%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.03%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 15, 2024
Hazelview Securities Inc.
reduced
-33.7
-6,057,120
6,657,340
1.26%
Apr 15, 2024
Vert Asset Management LLC
unchanged
-
-148,560
335,039
0.14%
Apr 11, 2024
First Affirmative Financial Network
reduced
-7.51
-41,979
74,870
0.06%
Apr 11, 2024
PRIVATE CAPITAL MANAGEMENT LLC
reduced
-0.73
-87,817
193,429
0.04%
Apr 10, 2024
Green Alpha Advisors, LLC
added
14.18
-578,873
2,191,120
1.59%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
added
4.94
-5,296
14,106
-%
Apr 08, 2024
Pensionfund Sabic
unchanged
-
-109,000
245,000
0.07%
Apr 05, 2024
CWM, LLC
added
0.11
-29,000
66,000
-%
Apr 05, 2024
GAMMA Investing LLC
added
62.37
25,117
115,223
0.02%
Apr 03, 2024
Pensionfund DSM Netherlands
unchanged
-
-242,000
545,000
0.29%

1–10 of 47

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
Mar 28, 2024
ARS
ARS
Mar 28, 2024
DEF 14A
DEF 14A
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 01, 2024
4/A
Insider Trading
Mar 01, 2024
4/A
Insider Trading
Mar 01, 2024
4/A
Insider Trading

Peers (Alternatives to Hudson Pacific Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
80.3B
11.1B
-12.74% -17.55%
58.74
7.21
4.04% -19.43%
40.8B
7.0B
-11.16% -28.91%
27.17
5.84
-0.07% -10.36%
25.4B
2.8B
-2.64% 2.84%
27.37
9.18
6.73% -18.30%
20.1B
2.9B
-5.50% -5.37%
193.97
6.97
11.46% -80.13%
12.6B
1.6B
-4.41% 4.68%
29.05
7.81
7.80% 39.39%
10.5B
1.3B
-3.55% -5.82%
28.85
7.95
8.04% -24.50%
9.1B
3.3B
-7.43% 9.20%
47.83
2.78
5.31% -77.32%
MID-CAP
8.0B
1.1B
-2.65% -1.41%
33.79
7.07
5.38% -38.52%
3.4B
884.1M
-2.05% 57.21%
-12.44
3.86
2.90% -314.82%
3.1B
899.4M
-4.37% 105.86%
-5.54
3.48
-0.45% -623.11%
SMALL-CAP
1.2B
441.2M
-3.87% 11.51%
19.16
2.81
4.38% 15.77%
1.1B
198.2M
4.97% 0.64%
-7.19
5.71
-43.33% -270.70%
1.0B
605.6M
-9.86% 0.10%
13.04
1.73
25.53% 134.62%
613.1M
258.7M
-6.80% -33.92%
-12.6
2.37
0.11% 83.70%
392.5M
277.9M
-11.76% -23.30%
-24.75
1.41
44.33% 96.06%

Hudson Pacific Properties Inc News

Latest updates
Defense World • 28 hours ago
Yahoo Movies UK • 13 Apr 2024 • 09:52 am
Seeking Alpha • 24 Mar 2024 • 07:00 am
Yahoo Finance • 15 Mar 2024 • 07:00 am
The Motley Fool • 2 months ago

Hudson Pacific Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In null)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.5%223231245252270260251245240228216213204196199206217208197197198
Costs and Expenses-2.9%22.0022.0023.0022.0022.0020.0018.0018.0019.0018.0018.0016.00-10.9426.0024.0027.00-88.08----
Operating Expenses4.5%239228229227231218213205198191183179179168164167173166158159157
  S&GA Expenses13.0%20.0018.0019.0019.0017.0020.0022.0021.0018.0018.0017.0018.0024.0017.0018.0019.0018.0018.0018.0018.0015.00
EBITDA Margin-7.7%0.49*0.53*0.55*0.52*0.49*0.53*0.53*0.54*0.55*------------
Interest Expenses-2.2%52.0054.0055.0054.0048.0037.0034.0031.0030.0031.0031.0030.0030.0030.0028.0026.0028.0027.0027.0024.0023.00
Income Taxes1530.8%6.00-0.426.00-3.00-1.31-0.76--------------
Earnings Before Taxes-128.2%-82.57-36.18-25.17--2.75-8.103.00--------------
EBT Margin-113.1%-0.15*-0.07*-0.02*-0.02*-0.02*0.03*0.03*0.03*0.03*------------
Net Income-148.0%-88.66-35.75-31.47-14.82-5.66-6.794.00-7.6117.00-6.187.0011.00-3.17-1.367.0014.0014.0063.0013.00-36.9016.00
Net Income Margin-104.1%-0.18*-0.09*-0.06*-0.02*-0.02*0.01*0.01*0.01*0.03*0.01*0.02*0.02*---------
Free Cashflow-87.1%9.0071.0059.0093.0041.0013895.0095.0029.0011358.00115---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-7.8%8,2828,9879,1069,1249,3199,3209,0519,0048,9908,8048,4268,4048,3507,9427,6077,8457,4677,4287,4877,3747,071
    Cash Equivalents33.8%10075.0010916325616226713897.0011111113411436545.0039246.0057.0048.0052.0054.00
  Net PPE2.5%11911612012413012960.0060.0058.0060.00--8.00--------
  Goodwill0.2%264264264264264261109109109105--9.00--------
Liabilities-10.3%4,7215,2615,3325,2945,4345,3935,0664,9234,6544,8124,3434,3294,2453,9073,8694,0783,6223,5643,6533,5093,118
  Long Term Debt-1.4%5655734,47366.004,5864,4494,12952512866.003,49113113266.0066.003,23466.002,72866.0013766.00
Shareholder's Equity-3.2%3,0783,1793,6453,6993,3053,7923,8493,9434,1973,8523,9463,9363,9683,8983,6023,6303,7093,7323,7093,7403,830
  Retained Earnings--------------------31.35-41.19-
  Additional Paid-In Capital-3.5%2,6522,7482,7842,8352,8902,9352,9863,0643,3173,3903,4353,4243,4703,2333,3173,3503,4163,4423,4503,4853,525
Shares Outstanding0.1%141141141141141141146149152151151151---------
Minority Interest-76.6%81.0034573.0037637863.0059.0055.0052.0048.0046747746732.0027027023.0027026826718.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-87.1%9.0071.0059.0093.0041.0013895.0095.0029.0011358.0011554.0011047.0090.0054.0088.0056.0089.0017.00
  Share Based Compensation22.3%7.006.006.005.006.006.006.005.005.006.006.004.008.005.005.005.004.005.005.005.004.00
Cashflow From Investing2005.0%592-31.09-10310.00-42.67-231-31.98-72.27-193-356-106-97.21-701-138-88.76-78.10-10963.00-141-128-335
Cashflow From Financing-679.4%-576-73.97-10.35-20583.00-18.7355.00-22.2814131924.002.00393375-30533444.00-14281.0037.00323
  Dividend Payments---18.0037.0036.0036.0036.0037.0039.0039.0039.0038.0038.0039.0039.0039.0039.0039.0039.0040.0039.00
  Buy Backs----1.00-50.00-37.0010031.00--15.0027.0027.00-35.00-----

HPP Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES   
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Service And Other Revenue [Member]Service And Other Revenue [Member]Service And Other Revenue [Member]
Cost, Product and Service [Extensible Enumeration]Service And Other Revenue [Member]Service And Other Revenue [Member]Service And Other Revenue [Member]
Revenues$ 952,297$ 1,026,224$ 896,835
OPERATING EXPENSES   
Operating expenses450,465413,818335,847
General and administrative74,95879,50171,346
Depreciation and amortization397,846373,219343,614
Total operating expenses923,269866,538750,807
OTHER INCOME (EXPENSES)   
(Loss) income from unconsolidated real estate entities(3,902)9431,822
Fee income6,1817,9723,221
Interest expense(214,415)(149,901)(121,939)
Interest income2,1822,3403,794
Management services reimbursement income—unconsolidated real estate entities4,1254,1631,132
Management services expense—unconsolidated real estate entities(4,125)(4,163)(1,132)
Transaction-related expenses1,150(14,356)(8,911)
(Gain) loss on sale of real estate103,202(2,164)0
Unrealized (loss) gain on non-real estate investments(3,120)(1,440)16,571
Impairment loss(60,158)(28,548)(2,762)
Gain (loss) on extinguishment of debt10,0000(6,259)
Other (expense) income(6)8,951(2,553)
Loss on sale of bonds(34,046)00
Total other expenses(192,932)(176,203)(117,016)
(Loss) income before income tax provision(163,904)(16,517)29,012
Income tax provision(6,796)00
NET (LOSS) INCOME(170,700)(16,517)29,012
Net income attributable to participating securities(850)(1,194)(1,090)
Net loss (income) attributable to non-controlling interest in consolidated real estate entities9,331(23,418)(21,806)
Net (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities(12,520)4,9642,902
Net loss (income) attributable to common units in the operating partnership3,358709(61)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ (192,181)$ (56,499)$ 6,064
BASIC AND DILUTED PER SHARE AMOUNTS   
Net (loss) income attributable to common stockholders—basic (in dollars per share)$ (1.36)$ (0.39)$ 0.04
Net (loss) income attributable to common stockholders—diluted (in dollars per share)$ (1.36)$ (0.39)$ 0.04
Weighted average shares of common stock outstanding—basic (in shares)140,953,088143,732,433151,618,282
Weighted average shares of common stock outstanding—diluted (in shares)140,953,088143,732,433151,943,360
Series A preferred units   
OTHER INCOME (EXPENSES)   
Net income attributable to preferred units/share$ (612)$ (612)$ (612)
Series C preferred stock   
OTHER INCOME (EXPENSES)   
Net income attributable to preferred units/share(20,188)(20,431)(2,281)
Office   
REVENUES   
Rental797,095834,408782,736
Service and other revenues15,28018,29212,634
Revenues812,375852,700795,370
OPERATING EXPENSES   
Operating expenses312,018308,668280,334
Studio   
REVENUES   
Rental59,27659,67249,985
Service and other revenues80,646113,85251,480
Revenues139,922173,524101,465
OPERATING EXPENSES   
Operating expenses$ 138,447$ 105,150$ 55,513

HPP Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Investment in real estate, at cost$ 8,212,896$ 8,716,572
Accumulated depreciation and amortization(1,728,437)(1,541,271)
Investment in real estate, net6,484,4597,175,301
Non-real estate property, plant and equipment, net118,783130,289
Cash and cash equivalents100,391255,761
Restricted cash18,76529,970
Accounts receivable, net24,60916,820
Straight-line rent receivables, net220,787279,910
Deferred leasing costs and intangible assets, net326,950393,842
Operating lease right-of-use assets376,306401,051
Prepaid expenses and other assets, net94,14598,837
Investment in unconsolidated real estate entities252,711180,572
Goodwill264,144263,549
Assets associated with real estate held for sale093,238
TOTAL ASSETS8,282,0509,319,140
Liabilities  
Accounts payable, accrued liabilities and other203,736264,098
Operating lease liabilities389,210399,801
Intangible liabilities, net27,75134,091
Security deposits, prepaid rent and other88,73483,797
Liabilities associated with real estate held for sale0665
Total liabilities4,720,8815,434,450
Commitments and contingencies (Note 19)
Redeemable preferred units of the operating partnership9,8159,815
Redeemable non-controlling interest in consolidated real estate entities57,182125,044
Hudson Pacific Properties, Inc. stockholders’ equity:  
Common stock, $0.01 par value, 481,600,000 authorized, 141,034,806 and 141,054,478 shares outstanding at December 31, 2023 and 2022, respectively1,4031,409
Additional paid-in capital2,651,7982,889,967
Accumulated other comprehensive loss(187)(11,272)
Total Hudson Pacific Properties, Inc. stockholders’ equity3,078,0143,305,104
Total equity3,494,1723,749,831
TOTAL LIABILITIES AND CAPITAL8,282,0509,319,140
Non-controlling interest—members in consolidated real estate entities  
Hudson Pacific Properties, Inc. stockholders’ equity:  
Non-controlling interest335,439377,756
Non-controlling interest—units in the operating partnership  
Hudson Pacific Properties, Inc. stockholders’ equity:  
Non-controlling interest80,71966,971
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, $25.00 per share liquidation preference, 18,400,000 authorized, 17,000,000 shares outstanding at December 31, 2023 and 2022425,000425,000
Unsecured and secured debt, net  
Liabilities  
Debt, net3,945,3144,585,862
Joint venture partner debt  
Liabilities  
Debt, net$ 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 Tue Apr 16 2024, market cap of Hudson Pacific Properties Inc is 805.74 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 Tue Apr 16 2024, HPP's PE ratio (Price to Earnings) is -4.72 and Price to Sales (PS) ratio is 0.85. 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 -0.1 (multiply by 100 for percentage) rate of return.