HPP RSI Chart
Last 7 days
-14.6%
Last 30 days
-10.5%
Last 90 days
-31.1%
Trailing 12 Months
-3.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.0B | 1.0B | 998.8M | 952.3M |
2022 | 928.2M | 964.1M | 996.8M | 1.0B |
2021 | 811.9M | 828.8M | 860.2M | 896.8M |
2020 | 827.3M | 829.2M | 818.0M | 805.0M |
2019 | 751.7M | 773.2M | 800.0M | 818.5M |
2018 | 734.0M | 728.6M | 719.3M | 728.4M |
2017 | 654.4M | 680.6M | 706.0M | 728.1M |
2016 | 611.6M | 614.1M | 627.1M | 639.6M |
2015 | 261.9M | 351.6M | 435.0M | 520.9M |
2014 | 213.8M | 228.5M | 243.3M | 254.7M |
2013 | 171.1M | 179.4M | 192.2M | 205.6M |
2012 | 144.2M | 149.8M | 153.5M | 160.5M |
2011 | 84.5M | 106.8M | 126.2M | 142.2M |
2010 | 48.6M | 52.6M | 56.6M | 60.7M |
2009 | 0 | 0 | 0 | 44.5M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold HPP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Hudson Pacific Properties Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Hudson Pacific Properties Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 80.3B | 11.1B | 58.74 | 7.21 | ||||
CCI | 40.8B | 7.0B | 27.17 | 5.84 | ||||
AVB | 25.4B | 2.8B | 27.37 | 9.18 | ||||
ARE | 20.1B | 2.9B | 193.97 | 6.97 | ||||
AMH | 12.6B | 1.6B | 29.05 | 7.81 | ||||
REG | 10.5B | 1.3B | 28.85 | 7.95 | ||||
BXP | 9.1B | 3.3B | 47.83 | 2.78 | ||||
MID-CAP | ||||||||
FRT | 8.0B | 1.1B | 33.79 | 7.07 | ||||
MAC | 3.4B | 884.1M | -12.44 | 3.86 | ||||
SLG | 3.1B | 899.4M | -5.54 | 3.48 | ||||
SMALL-CAP | ||||||||
AAT | 1.2B | 441.2M | 19.16 | 2.81 | ||||
AIV | 1.1B | 198.2M | -7.19 | 5.71 | ||||
MFA | 1.0B | 605.6M | 13.04 | 1.73 | ||||
NYMT | 613.1M | 258.7M | -12.6 | 2.37 | ||||
IVR | 392.5M | 277.9M | -24.75 | 1.41 |
Hudson Pacific Properties Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -3.5% | 223 | 231 | 245 | 252 | 270 | 260 | 251 | 245 | 240 | 228 | 216 | 213 | 204 | 196 | 199 | 206 | 217 | 208 | 197 | 197 | 198 |
Costs and Expenses | -2.9% | 22.00 | 22.00 | 23.00 | 22.00 | 22.00 | 20.00 | 18.00 | 18.00 | 19.00 | 18.00 | 18.00 | 16.00 | -10.94 | 26.00 | 24.00 | 27.00 | -88.08 | - | - | - | - |
Operating Expenses | 4.5% | 239 | 228 | 229 | 227 | 231 | 218 | 213 | 205 | 198 | 191 | 183 | 179 | 179 | 168 | 164 | 167 | 173 | 166 | 158 | 159 | 157 |
S&GA Expenses | 13.0% | 20.00 | 18.00 | 19.00 | 19.00 | 17.00 | 20.00 | 22.00 | 21.00 | 18.00 | 18.00 | 17.00 | 18.00 | 24.00 | 17.00 | 18.00 | 19.00 | 18.00 | 18.00 | 18.00 | 18.00 | 15.00 |
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% | 52.00 | 54.00 | 55.00 | 54.00 | 48.00 | 37.00 | 34.00 | 31.00 | 30.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 28.00 | 26.00 | 28.00 | 27.00 | 27.00 | 24.00 | 23.00 |
Income Taxes | 1530.8% | 6.00 | -0.42 | 6.00 | - | 3.00 | -1.31 | -0.76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | -128.2% | -82.57 | -36.18 | -25.17 | - | -2.75 | -8.10 | 3.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | -6.79 | 4.00 | -7.61 | 17.00 | -6.18 | 7.00 | 11.00 | -3.17 | -1.36 | 7.00 | 14.00 | 14.00 | 63.00 | 13.00 | -36.90 | 16.00 |
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% | 9.00 | 71.00 | 59.00 | 93.00 | 41.00 | 138 | 95.00 | 95.00 | 29.00 | 113 | 58.00 | 115 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -7.8% | 8,282 | 8,987 | 9,106 | 9,124 | 9,319 | 9,320 | 9,051 | 9,004 | 8,990 | 8,804 | 8,426 | 8,404 | 8,350 | 7,942 | 7,607 | 7,845 | 7,467 | 7,428 | 7,487 | 7,374 | 7,071 |
Cash Equivalents | 33.8% | 100 | 75.00 | 109 | 163 | 256 | 162 | 267 | 138 | 97.00 | 111 | 111 | 134 | 114 | 365 | 45.00 | 392 | 46.00 | 57.00 | 48.00 | 52.00 | 54.00 |
Net PPE | 2.5% | 119 | 116 | 120 | 124 | 130 | 129 | 60.00 | 60.00 | 58.00 | 60.00 | - | - | 8.00 | - | - | - | - | - | - | - | - |
Goodwill | 0.2% | 264 | 264 | 264 | 264 | 264 | 261 | 109 | 109 | 109 | 105 | - | - | 9.00 | - | - | - | - | - | - | - | - |
Liabilities | -10.3% | 4,721 | 5,261 | 5,332 | 5,294 | 5,434 | 5,393 | 5,066 | 4,923 | 4,654 | 4,812 | 4,343 | 4,329 | 4,245 | 3,907 | 3,869 | 4,078 | 3,622 | 3,564 | 3,653 | 3,509 | 3,118 |
Long Term Debt | -1.4% | 565 | 573 | 4,473 | 66.00 | 4,586 | 4,449 | 4,129 | 525 | 128 | 66.00 | 3,491 | 131 | 132 | 66.00 | 66.00 | 3,234 | 66.00 | 2,728 | 66.00 | 137 | 66.00 |
Shareholder's Equity | -3.2% | 3,078 | 3,179 | 3,645 | 3,699 | 3,305 | 3,792 | 3,849 | 3,943 | 4,197 | 3,852 | 3,946 | 3,936 | 3,968 | 3,898 | 3,602 | 3,630 | 3,709 | 3,732 | 3,709 | 3,740 | 3,830 |
Retained Earnings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -31.35 | -41.19 | - |
Additional Paid-In Capital | -3.5% | 2,652 | 2,748 | 2,784 | 2,835 | 2,890 | 2,935 | 2,986 | 3,064 | 3,317 | 3,390 | 3,435 | 3,424 | 3,470 | 3,233 | 3,317 | 3,350 | 3,416 | 3,442 | 3,450 | 3,485 | 3,525 |
Shares Outstanding | 0.1% | 141 | 141 | 141 | 141 | 141 | 141 | 146 | 149 | 152 | 151 | 151 | 151 | - | - | - | - | - | - | - | - | - |
Minority Interest | -76.6% | 81.00 | 345 | 73.00 | 376 | 378 | 63.00 | 59.00 | 55.00 | 52.00 | 48.00 | 467 | 477 | 467 | 32.00 | 270 | 270 | 23.00 | 270 | 268 | 267 | 18.00 |
Float | - | - | - | 583 | - | - | - | 2,070 | - | - | - | 4,100 | - | - | - | 3,800 | - | - | - | 5,020 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -87.1% | 9.00 | 71.00 | 59.00 | 93.00 | 41.00 | 138 | 95.00 | 95.00 | 29.00 | 113 | 58.00 | 115 | 54.00 | 110 | 47.00 | 90.00 | 54.00 | 88.00 | 56.00 | 89.00 | 17.00 |
Share Based Compensation | 22.3% | 7.00 | 6.00 | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 6.00 | 6.00 | 4.00 | 8.00 | 5.00 | 5.00 | 5.00 | 4.00 | 5.00 | 5.00 | 5.00 | 4.00 |
Cashflow From Investing | 2005.0% | 592 | -31.09 | -103 | 10.00 | -42.67 | -231 | -31.98 | -72.27 | -193 | -356 | -106 | -97.21 | -701 | -138 | -88.76 | -78.10 | -109 | 63.00 | -141 | -128 | -335 |
Cashflow From Financing | -679.4% | -576 | -73.97 | -10.35 | -205 | 83.00 | -18.73 | 55.00 | -22.28 | 141 | 319 | 24.00 | 2.00 | 393 | 375 | -305 | 334 | 44.00 | -142 | 81.00 | 37.00 | 323 |
Dividend Payments | - | - | - | 18.00 | 37.00 | 36.00 | 36.00 | 36.00 | 37.00 | 39.00 | 39.00 | 39.00 | 38.00 | 38.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 40.00 | 39.00 |
Buy Backs | - | - | - | - | 1.00 | -50.00 | - | 37.00 | 100 | 31.00 | - | - | 15.00 | 27.00 | 27.00 | - | 35.00 | - | - | - | - | - |
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 expenses | 450,465 | 413,818 | 335,847 |
General and administrative | 74,958 | 79,501 | 71,346 |
Depreciation and amortization | 397,846 | 373,219 | 343,614 |
Total operating expenses | 923,269 | 866,538 | 750,807 |
OTHER INCOME (EXPENSES) | |||
(Loss) income from unconsolidated real estate entities | (3,902) | 943 | 1,822 |
Fee income | 6,181 | 7,972 | 3,221 |
Interest expense | (214,415) | (149,901) | (121,939) |
Interest income | 2,182 | 2,340 | 3,794 |
Management services reimbursement income—unconsolidated real estate entities | 4,125 | 4,163 | 1,132 |
Management services expense—unconsolidated real estate entities | (4,125) | (4,163) | (1,132) |
Transaction-related expenses | 1,150 | (14,356) | (8,911) |
(Gain) loss on sale of real estate | 103,202 | (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 debt | 10,000 | 0 | (6,259) |
Other (expense) income | (6) | 8,951 | (2,553) |
Loss on sale of bonds | (34,046) | 0 | 0 |
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) | 0 | 0 |
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 entities | 9,331 | (23,418) | (21,806) |
Net (income) loss attributable to redeemable non-controlling interest in consolidated real estate entities | (12,520) | 4,964 | 2,902 |
Net loss (income) attributable to common units in the operating partnership | 3,358 | 709 | (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) | 140,953,088 | 143,732,433 | 151,618,282 |
Weighted average shares of common stock outstanding—diluted (in shares) | 140,953,088 | 143,732,433 | 151,943,360 |
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 | |||
Rental | 797,095 | 834,408 | 782,736 |
Service and other revenues | 15,280 | 18,292 | 12,634 |
Revenues | 812,375 | 852,700 | 795,370 |
OPERATING EXPENSES | |||
Operating expenses | 312,018 | 308,668 | 280,334 |
Studio | |||
REVENUES | |||
Rental | 59,276 | 59,672 | 49,985 |
Service and other revenues | 80,646 | 113,852 | 51,480 |
Revenues | 139,922 | 173,524 | 101,465 |
OPERATING EXPENSES | |||
Operating expenses | $ 138,447 | $ 105,150 | $ 55,513 |
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, net | 6,484,459 | 7,175,301 |
Non-real estate property, plant and equipment, net | 118,783 | 130,289 |
Cash and cash equivalents | 100,391 | 255,761 |
Restricted cash | 18,765 | 29,970 |
Accounts receivable, net | 24,609 | 16,820 |
Straight-line rent receivables, net | 220,787 | 279,910 |
Deferred leasing costs and intangible assets, net | 326,950 | 393,842 |
Operating lease right-of-use assets | 376,306 | 401,051 |
Prepaid expenses and other assets, net | 94,145 | 98,837 |
Investment in unconsolidated real estate entities | 252,711 | 180,572 |
Goodwill | 264,144 | 263,549 |
Assets associated with real estate held for sale | 0 | 93,238 |
TOTAL ASSETS | 8,282,050 | 9,319,140 |
Liabilities | ||
Accounts payable, accrued liabilities and other | 203,736 | 264,098 |
Operating lease liabilities | 389,210 | 399,801 |
Intangible liabilities, net | 27,751 | 34,091 |
Security deposits, prepaid rent and other | 88,734 | 83,797 |
Liabilities associated with real estate held for sale | 0 | 665 |
Total liabilities | 4,720,881 | 5,434,450 |
Commitments and contingencies (Note 19) | ||
Redeemable preferred units of the operating partnership | 9,815 | 9,815 |
Redeemable non-controlling interest in consolidated real estate entities | 57,182 | 125,044 |
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, respectively | 1,403 | 1,409 |
Additional paid-in capital | 2,651,798 | 2,889,967 |
Accumulated other comprehensive loss | (187) | (11,272) |
Total Hudson Pacific Properties, Inc. stockholders’ equity | 3,078,014 | 3,305,104 |
Total equity | 3,494,172 | 3,749,831 |
TOTAL LIABILITIES AND CAPITAL | 8,282,050 | 9,319,140 |
Non-controlling interest—members in consolidated real estate entities | ||
Hudson Pacific Properties, Inc. stockholders’ equity: | ||
Non-controlling interest | 335,439 | 377,756 |
Non-controlling interest—units in the operating partnership | ||
Hudson Pacific Properties, Inc. stockholders’ equity: | ||
Non-controlling interest | 80,719 | 66,971 |
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 2022 | 425,000 | 425,000 |
Unsecured and secured debt, net | ||
Liabilities | ||
Debt, net | 3,945,314 | 4,585,862 |
Joint venture partner debt | ||
Liabilities | ||
Debt, net | $ 66,136 | $ 66,136 |