NYSE:HPPHudson Pacific Properties Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hudson Pacific Properties Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $24.17 -1.37 (-5.36 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$23.85Now: $24.17▼$25.8550-Day Range$19.89MA: $23.19▼$27.1552-Week Range$16.14Now: $24.17▼$38.81Volume26.48 million shsAverage Volume2.07 million shsMarket Capitalization$3.71 billionP/E Ratio40.28Dividend Yield4.14%Beta0.79 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Hudson Pacific Properties is a visionary real estate investment trust that owns and operates more than 17 million square feet of marquee office and studio properties. 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 Russell 2000 and the Russell 3000 indices.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingHudson Pacific Properties has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.14, Hudson Pacific Properties has a potential upside of 41.3% from its current price of $24.17.Amount of Analyst CoverageHudson Pacific Properties has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesHudson Pacific Properties has received 380 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHudson Pacific Properties has received 313 “underperform” votes. (Add your “underperform” vote.)Community SentimentHudson Pacific Properties has received 54.83% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Hudson Pacific Properties and other stocks. Vote “Outperform” if you believe HPP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HPP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipHudson Pacific Properties is a leading dividend payer. It pays a dividend yield of 4.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHudson Pacific Properties does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hudson Pacific Properties is 49.26 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hudson Pacific Properties will have a dividend payout ratio of 46.08 % next year. This indicates that Hudson Pacific Properties will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hudson Pacific Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,989,110.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.37% of the stock of Hudson Pacific Properties is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Hudson Pacific Properties are expected to grow by 5.85% in the coming year, from $2.05 to $2.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hudson Pacific Properties is 40.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Hudson Pacific Properties is 40.28, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.94.Price to Earnings Growth RatioHudson Pacific Properties has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHudson Pacific Properties has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.82 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:HPP Previous Symbol CUSIP44409710 CIK1482512 Webwww.hudsonpacificproperties.com Phone310-445-5700Debt Debt-to-Equity Ratio1.02 Current Ratio2.33 Quick Ratio2.33Price-To-Earnings Trailing P/E Ratio40.28 Forward P/E Ratio11.79 P/E Growth1.69 Sales & Book Value Annual Sales$818.18 million Price / Sales4.53 Cash Flow$2.17 per share Price / Cash Flow11.16 Book Value$23.94 per share Price / Book1.01Profitability EPS (Most Recent Fiscal Year)$2.03 Net Income$44.49 million Net Margins11.22% Return on Equity2.51% Return on Assets1.23%Miscellaneous Employees311 Outstanding Shares153,316,000Market Cap$3.71 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable HPP Rates by TradingView Receive HPP News and Ratings via Email Sign-up to receive the latest news and ratings for HPP and its competitors with MarketBeat's FREE daily newsletter. Hudson Pacific Properties (NYSE:HPP) Frequently Asked Questions How has Hudson Pacific Properties' stock been impacted by COVID-19 (Coronavirus)? Hudson Pacific Properties' stock was trading at $27.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HPP stock has decreased by 12.5% and is now trading at $24.17. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Hudson Pacific Properties? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudson Pacific Properties in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Hudson Pacific Properties. When is Hudson Pacific Properties' next earnings date? Hudson Pacific Properties is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Hudson Pacific Properties. How were Hudson Pacific Properties' earnings last quarter? Hudson Pacific Properties Inc (NYSE:HPP) announced its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The real estate investment trust had revenue of $206.23 million for the quarter, compared to analysts' expectations of $214.46 million. Hudson Pacific Properties had a return on equity of 2.51% and a net margin of 11.22%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. View Hudson Pacific Properties' earnings history. How often does Hudson Pacific Properties pay dividends? What is the dividend yield for Hudson Pacific Properties? Hudson Pacific Properties announced a quarterly dividend on Wednesday, March 11th. Stockholders of record on Friday, March 20th will be paid a dividend of $0.25 per share on Monday, March 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend is Thursday, March 19th. View Hudson Pacific Properties' dividend history. What price target have analysts set for HPP? 8 analysts have issued twelve-month price targets for Hudson Pacific Properties' stock. Their forecasts range from $27.00 to $42.00. On average, they expect Hudson Pacific Properties' stock price to reach $34.14 in the next year. This suggests a possible upside of 41.3% from the stock's current price. View analysts' price targets for Hudson Pacific Properties. Has Hudson Pacific Properties been receiving favorable news coverage? News stories about HPP stock have trended extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Hudson Pacific Properties earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutHudson Pacific Properties. Are investors shorting Hudson Pacific Properties? Hudson Pacific Properties saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,020,000 shares, a drop of 23.7% from the April 30th total of 3,960,000 shares. Based on an average daily trading volume, of 1,940,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.0% of the shares of the company are sold short. View Hudson Pacific Properties' Current Options Chain. Who are some of Hudson Pacific Properties' key competitors? Some companies that are related to Hudson Pacific Properties include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), Equity Commonwealth (EQC), Highwoods Properties (HIW), SL Green Realty (SLG), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). View all competitors. What other stocks do shareholders of Hudson Pacific Properties own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hudson Pacific Properties investors own include AT&T (T), Altria Group (MO), Coca-Cola (KO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Boeing (BA), Costco Wholesale (COST), Gladstone Capital (GLAD), Apple Hospitality REIT (APLE) and Mcdonald's (MCD). Who are Hudson Pacific Properties' key executives? Hudson Pacific Properties' management team includes the following people: Mr. Victor J. Coleman, Chairman, Pres & CEO (Age 57)Mr. Mark T. Lammas, COO, CFO & Treasurer (Age 52)Mr. Alexander Vouvalides, Chief Investment Officer (Age 40)Mr. Christopher J. Barton, Exec. VP of Devel. & Capital Investments (Age 54)Mr. Joshua A. Hatfield, Exec. VP of Operations (Age 46) What is Hudson Pacific Properties' stock symbol? Hudson Pacific Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPP." Who are Hudson Pacific Properties' major shareholders? Hudson Pacific Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (8.00%), BlackRock Inc. (7.97%), Invesco Ltd. (7.40%), State Street Corp (3.79%), Cbre Clarion Securities LLC (2.22%) and Morgan Stanley (2.08%). Company insiders that own Hudson Pacific Properties stock include Alex Vouvalides, Arthur X Suazo, Barry Alan Porter, Christopher James Barton, Jonathan M Glaser, Mark David Linehan, Mark T Lammas, Robert L Harris II, Robert Matthew Jr Moran, Sanford Dale Shimoda, Ted R Antenucci and Victor J Coleman. View institutional ownership trends for Hudson Pacific Properties. Which major investors are selling Hudson Pacific Properties stock? HPP stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Centersquare Investment Management LLC, Schroder Investment Management Group, Nuveen Asset Management LLC, AJO LP, Cbre Clarion Securities LLC, Public Sector Pension Investment Board, and Citigroup Inc.. Company insiders that have sold Hudson Pacific Properties company stock in the last year include Sanford Dale Shimoda, and Victor J Coleman. View insider buying and selling activity for Hudson Pacific Properties. Which major investors are buying Hudson Pacific Properties stock? HPP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Sumitomo Mitsui Trust Holdings Inc., Anchor Capital Advisors LLC, Morgan Stanley, Morgan Stanley, Timbercreek Investment Management Inc., BlackRock Inc., and Weiss Multi Strategy Advisers LLC. Company insiders that have bought Hudson Pacific Properties stock in the last two years include Barry Alan Porter, Jonathan M Glaser, Mark David Linehan, Robert L Harris II, Robert Matthew Jr Moran, and Ted R Antenucci. View insider buying and selling activity for Hudson Pacific Properties. How do I buy shares of Hudson Pacific Properties? Shares of HPP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Hudson Pacific Properties' stock price today? One share of HPP stock can currently be purchased for approximately $24.17. How big of a company is Hudson Pacific Properties? Hudson Pacific Properties has a market capitalization of $3.71 billion and generates $818.18 million in revenue each year. The real estate investment trust earns $44.49 million in net income (profit) each year or $2.03 on an earnings per share basis. Hudson Pacific Properties employs 311 workers across the globe. What is Hudson Pacific Properties' official website? The official website for Hudson Pacific Properties is www.hudsonpacificproperties.com. How can I contact Hudson Pacific Properties? Hudson Pacific Properties' mailing address is 11601 WILSHIRE BLVD. NINTH FLOOR, LOS ANGELES CA, 90025. The real estate investment trust can be reached via phone at 310-445-5700 or via email at [email protected] This page was last updated on 6/1/2020 by MarketBeat.com Staff
