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Hudson Pacific Properties (HPP)
NYSE:HPP
Holding HPP?
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HPP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.39 - $9.86
Previous Close$2.93
Volume7.29M
Average Volume (3M)3.78M
Market Cap
$424.59M
Enterprise Value$760.48M
Total Cash (Recent Filing)$90.69M
Total Debt (Recent Filing)$366.60M
Price to Earnings (P/E)―
Beta2.04
Next Earnings
Feb 12, 2025EPS Estimate
-$0.42Last Dividend Ex-Date
Jun 17, 2024Dividend Yield3.41%
Share Statistics
EPS (TTM)-2.09
Shares Outstanding141,232,361
10 Day Avg. Volume10,567,136
30 Day Avg. Volume3,784,391
Standard Deviation0.16
R-Squared0.17
Alpha-0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.16
Price to Sales (P/S)0.48
Price to Cash Flow (P/CF)1.60
P/FCF Ratio14.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.89
Enterprise Value/Gross Profit1.52
Enterprise Value/Ebitda3.98
Forecast
1Y Price Target
$5.31Price Target Upside85.02% Upside
Rating ConsensusHold
Number of Analyst Covering8
Hudson Pacific Properties News
PremiumCompany Announcements
Hudson Pacific Updates Executive Employment Agreements
PremiumCompany Announcements
Hudson Pacific Properties’ Q3 2024 Financial OverviewBulls Say, Bears Say
Bulls Say
Leasing ActivityLeasing activity remained elevated at 539.3ksf, bringing year-to-date leasing to 1.59 million square feet, with a leasing pipeline of close to 2 million square feet, 70% of which is new.
Studio BusinessThe company is optimistic on the studio business as they have seen improvement in activity and demand for stages, with 79% of film and TV SF leased or in contract.
Studio Production RecoveryProduction starts in the US reached 67% of 2022 levels, up from 53% earlier, with a significant improvement to 94%, indicating potential recovery in studio production.
Bears Say
Financial PerformanceCash leasing spreads remained weak, leading to a reduction in financial guidance for the forthcoming fiscal year.
Interest And Development CostsInterest expense estimates are considered too low, with expected increases due to the cessation of capitalized interest at a major development project.
Occupancy ChallengesManagement expects lower office occupancy due to a significant tenant move out, impacting future earnings potential.
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Ownership Overview
1.67% Insiders
26.06% Mutual Funds
18.04% Other Institutional Investors
18.54% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HPP FAQ
What was Hudson Pacific Properties’s price range in the past 12 months?
Hudson Pacific Properties lowest stock price was $2.39 and its highest was $9.86 in the past 12 months.
What is Hudson Pacific Properties’s market cap?
Currently, no data Available
When is Hudson Pacific Properties’s upcoming earnings report date?
Hudson Pacific Properties’s upcoming earnings report date is Feb 12, 2025 which is in 50 days.
How were Hudson Pacific Properties’s earnings last quarter?
Hudson Pacific Properties released its earnings results on Nov 12, 2024. The company reported -$0.69 earnings per share for the quarter, missing the consensus estimate of -$0.41 by -$0.28.
Is Hudson Pacific Properties overvalued?
According to Wall Street analysts Hudson Pacific Properties’s price is currently Undervalued.
Does Hudson Pacific Properties pay dividends?
Hudson Pacific Properties pays a Semiannually dividend of $0.05 which represents an annual dividend yield of 3.41%. See more information on Hudson Pacific Properties dividends here
What is Hudson Pacific Properties’s EPS estimate?
Hudson Pacific Properties’s EPS estimate is -$0.42.
How many shares outstanding does Hudson Pacific Properties have?
Hudson Pacific Properties has 141,232,360 shares outstanding.
What happened to Hudson Pacific Properties’s price movement after its last earnings report?
Hudson Pacific Properties reported an EPS of -$0.69 in its last earnings report, missing expectations of -$0.41. Following the earnings report the stock price went up 4.208%.
Which hedge fund is a major shareholder of Hudson Pacific Properties?
Among the largest hedge funds holding Hudson Pacific Properties’s share is Blackstone Inc.. It holds Hudson Pacific Properties’s shares valued at 18M.
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Hudson Pacific Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$5.31 (85.02% Upside)
$5.31 (85.02% Upside)
Blogger Sentiment
Neutral
HPP Sentiment 58%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 953.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $270.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 6.6%
Last 30 Days ▼ 6.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-66.66%
12-Months-Change
Fundamentals
Return on Equity
-8.81%
Trailing 12-Months
Asset Growth
-7.45%
Trailing 12-Months
Company Description
Hudson Pacific Properties
Hudson Pacific Properties, Inc. is a real estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Studio Properties. The Office Properties segment manages office properties located in California and Pacific Northwest. The Studio Properties segment primarily used for the physical production of media content, such as television programs, feature films, commercials, music videos and photographs. Hudson Pacific Properties was founded by Victor J. Coleman on November 9, 2009 and is headquartered in Los Angeles, CA.
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HPP Company Deck
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HPP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed outlook. The company highlighted strong leasing momentum and positive trends in West Coast office markets. However, financial performance declined year-over-year, and studio utilization remains under pressure. Asset sales and capital strategies are underway to bolster liquidity.Read More>---
HPP Stock 12 Month Forecast
Average Price Target
$5.31
▲(85.02% Upside)
Technical Analysis
Best Analysts Covering HPP
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+30.86%
reiterated a sell rating last month
Copying Ronald Kamdem's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.86% per trade.
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