Hudson Pacific Properties is a vertically integrated real estate Company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art studio properties in select West Coast markets. Hudson Pacific invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the Company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, Hudson Pacific has strategically assembled a portfolio in high-growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The Company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and industry-leading growth companies, many in the technology, studio sectors. As a long-term owner, Hudson Pacific prioritizes tenant satisfaction and retention, providing highly customized build-outs and working proactively to accommodate tenants' growth. Hudson Pacific trades as a component of the Russell 2000® and the Russell 3000® indices. For more information visit hudsonpacificproperties.com.
Industry, Sector and Symbol
Industry Real estate
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:HPP
CUSIP44409710
Phone310-445-5700
Debt
Debt-to-Equity Ratio0.57
Current Ratio1.37
Quick Ratio1.37
Price-To-Earnings
Trailing P/E Ratio17.41
Forward P/E Ratio18.14
P/E Growth3.3
Sales & Book Value
Annual Sales$728.14 million
Price / Sales7.46
Cash Flow$2.2603 per share
Price / Cash15.33
Book Value$25.06 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)$1.99
Net Income$67.96 million
Net Margins13.47%
Return on Equity2.44%
Return on Assets1.44%
Miscellaneous
Employees293
Outstanding Shares156,680,000
Hudson Pacific Properties (NYSE:HPP) Frequently Asked Questions
What is Hudson Pacific Properties' stock symbol?
Hudson Pacific Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPP."
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 Friday, June 8th. Shareholders of record on Tuesday, June 19th will be given a dividend of $0.25 per share on Friday, June 29th. This represents a $1.00 annualized dividend and a yield of 2.89%. The ex-dividend date is Monday, June 18th. View Hudson Pacific Properties' Dividend History.
How were Hudson Pacific Properties' earnings last quarter?
Hudson Pacific Properties Inc (NYSE:HPP) issued its earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by $0.15. The real estate investment trust had revenue of $174.12 million for the quarter, compared to analysts' expectations of $173.65 million. Hudson Pacific Properties had a return on equity of 2.44% and a net margin of 13.47%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.48 earnings per share. View Hudson Pacific Properties' Earnings History.
What guidance has Hudson Pacific Properties issued on next quarter's earnings?
Hudson Pacific Properties updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.87-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.91.
What price target have analysts set for HPP?
11 analysts have issued 12-month price targets for Hudson Pacific Properties' shares. Their predictions range from $32.00 to $45.00. On average, they expect Hudson Pacific Properties' share price to reach $37.8182 in the next year. View Analyst Ratings for Hudson Pacific Properties.
Who are some of Hudson Pacific Properties' key competitors?
Some companies that are related to Hudson Pacific Properties include HONGKONG Ld HOL/ADR (HNGKY), CBRE Group (CBRE), NEW WORLD Dev L/ADR (NDVLY), HANG LUNG PROPE/S (HLPPY), Bellway (BLWYY), Brookfield Property Partners (BPY), Kennedy-Wilson (KW), Colliers International Group (CIGI), Shanghai Industrial (SGHIY), FirstService (FSV), Urban Edge Properties (UE), Terreno Realty (TRNO), Yangtze River Port and Logistics (YRIV), Gazit Globe (GZT) and Seritage Growth Properties Class A (SRG).
Who are Hudson Pacific Properties' key executives?
Hudson Pacific Properties' management team includes the folowing people:
- Mr. Victor J. Coleman, Chairman, Pres & CEO (Age 56)
- Mr. Mark T. Lammas, COO, CFO & Treasurer (Age 51)
- Mr. Alexander Vouvalides, Chief Investment Officer (Age 39)
- Mr. Christopher J. Barton, Exec. VP of Devel. & Capital Investments (Age 53)
- Mr. Joshua A. Hatfield, Exec. VP of Operations (Age 45)
Has Hudson Pacific Properties been receiving favorable news coverage?
Media stories about HPP stock have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hudson Pacific Properties earned a media sentiment score of 0.14 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 47.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Hudson Pacific Properties' major shareholders?
Hudson Pacific Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.01%), Daiwa Securities Group Inc. (3.83%), Brookfield Asset Management Inc. (3.20%), Principal Financial Group Inc. (2.76%), Principal Financial Group Inc. (2.76%) and Nuveen Asset Management LLC (1.71%). Company insiders that own Hudson Pacific Properties stock include Alex Vouvalides, Arthur X Suazo, Harout Krikor Diramerian, Jonathan M Glaser, Mark David Linehan, Mark T Lammas, Real Estate Partner Blackstone, Richard B Fried, Sanford Dale Shimoda and Victor J Coleman. View Institutional Ownership Trends for Hudson Pacific Properties.
Which institutional investors are selling Hudson Pacific Properties stock?
HPP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Citadel Advisors LLC, Principal Financial Group Inc., Principal Financial Group Inc., Russell Investments Group Ltd., Prudential Financial Inc., Citigroup Inc. and Timbercreek Investment Management Inc.. Company insiders that have sold Hudson Pacific Properties company stock in the last year include Arthur X Suazo, Harout Krikor Diramerian, Richard B Fried, Sanford Dale Shimoda and Victor J Coleman. View Insider Buying and Selling for Hudson Pacific Properties.
Which institutional investors are buying Hudson Pacific Properties stock?
HPP stock was acquired by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Centersquare Investment Management LLC, Brookfield Asset Management Inc., Heitman Real Estate Securities LLC, Wells Fargo & Company MN, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Teachers Insurance & Annuity Association of America. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Hudson Pacific Properties' stock price today?
One share of HPP stock can currently be purchased for approximately $34.65.
How big of a company is Hudson Pacific Properties?
Hudson Pacific Properties has a market capitalization of $5.44 billion and generates $728.14 million in revenue each year. The real estate investment trust earns $67.96 million in net income (profit) each year or $1.99 on an earnings per share basis. Hudson Pacific Properties employs 293 workers across the globe.
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]
MarketBeat Community Rating for Hudson Pacific Properties (HPP)
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.
