About Hudson Pacific Properties (NYSE:HPP)
Hudson Pacific Properties, Inc. is a real estate investment trust (REIT). The Company operates in two segments: office properties, and media and entertainment properties. The Company is focused on acquiring, repositioning, developing and operating office and media and entertainment properties in submarkets throughout Northern and Southern California and the Pacific Northwest. As of December 31, 2016, the Company's portfolio included office properties consisting of an aggregate of approximately 14.1 million square feet, and media and entertainment properties consisting of approximately 0.9 million square feet of sound-stage, office and supporting production facilities. As of December 31, 2016, the Company also owned undeveloped density rights for approximately 2.5 million square feet of future office and residential space. The Company's in-service office properties include stabilized office properties and lease-up office properties.
Industry, Sector and Symbol
Industry Office REITs
Trailing P/E Ratio18.58
Forward P/E Ratio18.27
Sales & Book Value
Annual Sales$639.64 million
Price / Sales8.69
Cash Flow$2.05 per share
Price / Cash17.39
Book Value$25.39 per share
Price / Book1.40
Net Income$33.06 million
Return on Equity1.58%
Return on Assets0.91%
Frequently Asked Questions for Hudson Pacific Properties (NYSE:HPP)
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, September 8th. Stockholders of record on Tuesday, September 19th will be paid a dividend of $0.25 per share on Friday, September 29th. This represents a $1.00 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Monday, September 18th. View Hudson Pacific Properties' Dividend History.
How were Hudson Pacific Properties' earnings last quarter?
Hudson Pacific Properties, Inc. (NYSE:HPP) released its quarterly earnings data on Thursday, November, 2nd. The real estate investment trust reported $0.50 EPS for the quarter, hitting analysts' consensus estimates of $0.50. The real estate investment trust had revenue of $190.02 million for the quarter, compared to analyst estimates of $183.37 million. Hudson Pacific Properties had a net margin of 8.98% and a return on equity of 1.58%. Hudson Pacific Properties's revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 earnings per share. View Hudson Pacific Properties' Earnings History.
When will Hudson Pacific Properties make its next earnings announcement?
What guidance has Hudson Pacific Properties issued on next quarter's earnings?
Hudson Pacific Properties updated its FY17 earnings guidance on Thursday, November, 2nd. The company provided earnings per share guidance of $1.93-1.99 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96.
Where is Hudson Pacific Properties' stock going? Where will Hudson Pacific Properties' stock price be in 2017?
7 brokerages have issued 1-year price targets for Hudson Pacific Properties' stock. Their forecasts range from $34.50 to $41.00. On average, they anticipate Hudson Pacific Properties' share price to reach $37.79 in the next twelve months. 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 SL Green Realty Corporation (SLG), Highwoods Properties (HIW), Paramount Group (PGRE), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM), Mack-Cali Realty Corporation (CLI), Franklin Street Properties Corp. (FSP), Parkway (PKY), TIER REIT (TIER), NorthStar Realty Europe Corp. (NRE) and City Office REIT (CIO).
Who are Hudson Pacific Properties' key executives?
Hudson Pacific Properties' management team includes the folowing people:
- Victor J. Coleman, Chairman of the Board, President, Chief Executive Officer (Age 55)
- Mark T. Lammas, Chief Financial Officer, Chief Operating Officer, Treasurer (Age 50)
- Dale Shimoda, Executive Vice President - Finance (Age 49)
- Kay L. Tidwell, Executive Vice President, General Counsel, Secretary (Age 39)
- Christopher James Barton, Executive Vice President - Development and Capital Investments (Age 52)
- Joshua A. Hatfield, Executive Vice President - Operations (Age 44)
- Arthur X. Suazo, Executive Vice President - Leasing (Age 52)
- Drew Gordon, Senior Vice President - Northern California (Age 50)
- Gary Hansel, Senior Vice President - Southern California (Age 54)
- David Tye, Senior Vice President - Pacific Northwest (Age 55)
Who owns Hudson Pacific Properties stock?
Hudson Pacific Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (3.94%), Cohen & Steers Inc. (2.79%), Citadel Advisors LLC (1.65%), Prudential Financial Inc. (1.60%), Dimensional Fund Advisors LP (1.44%) and Bank of New York Mellon Corp (1.40%). Company insiders that own Hudson Pacific Properties stock include Alex Vouvalides, Barry Alan Porter, 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.
Who sold Hudson Pacific Properties stock? Who is selling Hudson Pacific Properties stock?
Hudson Pacific Properties' stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., JPMorgan Chase & Co., Nationwide Fund Advisors, Russell Investments Group Ltd., Susquehanna International Group LLP, Barings LLC and Advantus Capital Management Inc. Company insiders that have sold Hudson Pacific Properties company stock in the last year include Alex Vouvalides, Harout Krikor Diramerian, Mark David Linehan, Mark T Lammas, Real Estate Partner Blackstone, Richard B Fried, Sanford Dale Shimoda and Victor J Coleman. View Insider Buying and Selling for Hudson Pacific Properties.
Who bought Hudson Pacific Properties stock? Who is buying Hudson Pacific Properties stock?
Hudson Pacific Properties' stock was bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Bank of New York Mellon Corp, Principal Financial Group Inc., Prudential Financial Inc., Presima Inc., Schroder Investment Management Group, Westpac Banking Corp and Allianz Asset Management GmbH. Company insiders that have bought Hudson Pacific Properties stock in the last two years include Barry Alan Porter, Jonathan M Glaser and Victor J Coleman. View Insider Buying and Selling for Hudson Pacific Properties.
How do I buy Hudson Pacific Properties stock?
Shares of Hudson Pacific Properties 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 Hudson Pacific Properties stock can currently be purchased for approximately $35.62.
How big of a company is Hudson Pacific Properties?
Hudson Pacific Properties has a market capitalization of $5.56 billion and generates $639.64 million in revenue each year. The real estate investment trust earns $33.06 million in net income (profit) each year or $0.39 on an earnings per share basis. Hudson Pacific Properties employs 257 workers across the globe.
How can I contact Hudson Pacific Properties?
Hudson Pacific Properties' mailing address is 11601 Wilshire Blvd Ste 1600, LOS ANGELES, CA 90025-0317, United States. The real estate investment trust can be reached via phone at +1-310-4455700 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History and Estimates Chart for Hudson Pacific Properties (NYSE:HPP)
Earnings History by Quarter for Hudson Pacific Properties (NYSE HPP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||$0.50||$0.50||$183.37 million||$190.02 million||View||N/A|
|8/3/2017||Q2 2017||$0.47||$0.48||$175.79 million||$166.85 million||View||Listen|
|5/4/2017||Q1 2017||$0.48||$0.48||$173.93 million||$168.30 million||View||Listen|
|2/16/2017||Q416||$0.46||$0.46||$165.68 million||$167.20 million||View||N/A|
|11/3/2016||Q316||$0.44||$0.46||$17.50 million||$164.60 million||View||N/A|
|8/4/2016||Q216||$0.42||$0.43||$151.59 million||$154.30 million||View||N/A|
|5/5/2016||Q116||$0.41||$0.43||$150.87 million||$142.30 million||View||N/A|
|2/25/2016||Q415||$0.42||$0.44||$153.75 million||$154.70 million||View||Listen|
|11/5/2015||Q315||$0.42||$0.43||$155.18 million||$151.60 million||View||N/A|
|8/6/2015||Q215||$0.41||$0.47||$165.52 million||$143.56 million||View||N/A|
|5/7/2015||Q115||$0.21||$0.23||$64.80 million||$52.94 million||View||N/A|
|2/26/2015||Q414||$0.30||($0.03)||$75.80 million||$68.80 million||View||N/A|
|2/26/2014||Q413||$0.23||$0.26||$55.66 million||$47.69 million||View||N/A|
|5/6/2013||Q113||$0.22||$0.29||$48.82 million||$49.40 million||View||N/A|
|3/6/2013||Q412||$0.21||$0.23||$44.58 million||$45.20 million||View||N/A|
Earnings Estimates for Hudson Pacific Properties (NYSE:HPP)
2017 EPS Consensus Estimate: $1.93
2018 EPS Consensus Estimate: $2.04
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Hudson Pacific Properties (NYSE:HPP)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||17.00% (3 Year Average)|
|Payout Ratio:||256.41% (Trailing 12 Months of Earnings) |
51.28% (Based on This Year's Estimates)
48.54% (Based on Next Year's Estimates)
Dividend History by Quarter for Hudson Pacific Properties (NYSE HPP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Hudson Pacific Properties (NYSE HPP)
Insider Ownership Percentage: 0.33%
Insider Trades by Quarter for Hudson Pacific Properties (NYSE HPP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/7/2017||Richard B Fried||Insider||Sell||17,417||$34.66||$603,673.22|| |
|8/11/2017||Jonathan M Glaser||Director||Buy||15,000||$31.78||$476,700.00|| |
|8/10/2017||Jonathan M Glaser||Director||Buy||5,000||$31.98||$159,900.00|| |
|8/9/2017||Jonathan M Glaser||Director||Buy||5,000||$32.20||$161,000.00|| |
|6/14/2017||Sanford Dale Shimoda||EVP||Sell||5,000||$35.87||$179,350.00|| |
|6/13/2017||Alex Vouvalides||Insider||Sell||6,500||$35.16||$228,540.00|| |
|6/13/2017||Sanford Dale Shimoda||EVP||Sell||5,000||$35.55||$177,750.00|| |
|6/13/2017||Victor J Coleman||CEO||Sell||58,086||$35.50||$2,062,053.00|| |
|6/12/2017||Mark T Lammas||CFO||Sell||65,963||$35.51||$2,342,346.13|| |
|6/8/2017||Mark David Linehan||Director||Sell||9,000||$34.58||$311,220.00|| |
|6/7/2017||Harout Krikor Diramerian||Insider||Sell||20,000||$34.01||$680,200.00|| |
|3/14/2017||Jonathan M Glaser||Director||Buy||10,000||$33.58||$335,800.00|| |
|1/10/2017||Real Estate Partner Blackstone||Major Shareholder||Sell||8,626,311||$35.00||$301,920,885.00|| |
|1/10/2017||Richard B Fried||Director||Sell||1,165,922||$35.00||$40,807,270.00|| |
|11/28/2016||Richard B Fried||Director||Sell||1,165,918||$32.50||$37,892,335.00|| |
|7/21/2016||Richard B Fried||Director||Sell||804,627||$30.32||$24,396,290.64|| |
|5/19/2016||Barry Alan Porter||Director||Buy||5,000||$27.61||$138,050.00|| |
|5/19/2016||Victor J Coleman||CEO||Buy||10,000||$26.86||$268,600.00|| |
|5/17/2016||Jonathan M Glaser||Director||Buy||15,000||$28.24||$423,600.00|| |
|5/16/2016||Jonathan M Glaser||Director||Buy||35,500||$28.74||$1,020,270.00|| |
|5/16/2016||Richard B Fried||Insider||Sell||482,777||$29.08||$14,039,155.16|| |
|3/10/2016||Jonathan M Glaser||Director||Buy||4,000||$26.44||$105,760.00|| |
|3/1/2016||Jonathan M Glaser||Director||Buy||1,000||$26.03||$26,030.00|| |
|9/1/2015||Jonathan M Glaser||Director||Buy||5,000||$27.66||$138,300.00|| |
|8/18/2015||Harout Krikor Diramerian||CAO||Sell||4,885||$31.62||$154,463.70|| |
|4/10/2015||Farallon Capital Partners, L.P||Insider||Sell||6,037,500||$32.79||$197,969,625.00|| |
|3/25/2014||Farallon Partners L. C/Ca||Insider||Sell||3,511,845||$22.14||$77,752,248.30|| |
|9/3/2013||Jonathan Glaser||Director||Buy||1,750||$19.60||$34,300.00|| |
|8/30/2013||Jonathan Glaser||Director||Buy||5,000||$19.92||$99,600.00|| |
|8/16/2013||Jonathan Glaser||Director||Buy||4,000||$19.89||$79,560.00|| |
|8/15/2013||Jonathan Glaser||Director||Buy||3,200||$20.23||$64,736.00|| |
|8/15/2013||Victor Coleman||CEO||Buy||7,000||$20.27||$141,890.00|| |
Latest Headlines for Hudson Pacific Properties (NYSE HPP)
|Hudson Pacific Properties (HPP) vs. Highwoods Properties (HIW) Financial Analysis|
www.americanbankingnews.com - November 21 at 11:49 AM
|The Bull And Bear Cases For Hudson Pacific Properties|
finance.yahoo.com - November 20 at 8:02 PM
|Hudson Pacific Properties, Inc. (HPP) Rating Lowered to Neutral at Goldman Sachs Group, Inc. (The)|
www.americanbankingnews.com - November 20 at 1:32 PM
|Hudson Pacific Properties, Inc. (HPP) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - November 19 at 5:52 AM
|Earnings Review and Free Research Report: Digital Realty’s Revenue Grew 12%; Core FFO Per Share Increased 4.8%|
finance.yahoo.com - November 13 at 9:02 AM
|Hudson Pacific Properties, Inc. (HPP) Insider Sells $603,673.22 in Stock|
www.americanbankingnews.com - November 9 at 12:30 PM
|Q2 2018 EPS Estimates for Hudson Pacific Properties, Inc. (HPP) Decreased by DA Davidson|
www.americanbankingnews.com - November 8 at 6:24 PM
|DA Davidson Equities Analysts Boost Earnings Estimates for Hudson Pacific Properties, Inc. (HPP)|
www.americanbankingnews.com - November 7 at 6:52 AM
|Paramount Group (PGRE) vs. Hudson Pacific Properties (HPP) Head-To-Head Analysis|
www.americanbankingnews.com - November 7 at 3:28 AM
|Zacks: Analysts Anticipate Hudson Pacific Properties, Inc. (HPP) Will Post Quarterly Sales of $174.00 Million|
www.americanbankingnews.com - November 7 at 2:56 AM
|Hudson Pacific Properties, Inc. (HPP) Upgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - November 7 at 12:58 AM
|Zacks: Brokerages Expect Hudson Pacific Properties, Inc. (HPP) Will Announce Earnings of $0.50 Per Share|
www.americanbankingnews.com - November 5 at 3:38 PM
|Hudson Pacific Properties, Inc. to Host Earnings Call|
finance.yahoo.com - November 4 at 1:12 AM
|Edited Transcript of HPP earnings conference call or presentation 2-Nov-17 6:00pm GMT|
finance.yahoo.com - November 4 at 1:12 AM
|BRIEF-Hudson Pacific Properties narrows FY 2017 FFO guidance|
www.reuters.com - November 3 at 7:04 AM
|Hudson Pacific reports 3Q results|
www.cnbc.com - November 3 at 7:04 AM
|Hudson Pacific Properties Reports Third Quarter 2017 Financial Results|
www.businesswire.com - November 3 at 7:04 AM
|Hudson Pacific Properties, Inc. (HPP) Announces Earnings Results|
www.americanbankingnews.com - November 2 at 7:08 PM
|Hudson Pacific Properties, Inc. (HPP) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - November 2 at 2:34 PM
|Should You Sell Hudson Pacific Properties (HPP) Before Earnings?|
finance.yahoo.com - November 2 at 12:50 AM
|Hudson Pacific Properties (HPP) & Highwoods Properties (HIW) Critical Review|
www.americanbankingnews.com - November 1 at 3:22 PM
|Reviewing Hudson Pacific Properties (HPP) & NorthStar Realty Europe Corp. (NRE)|
www.americanbankingnews.com - October 29 at 5:18 AM
|Hudson Pacific Properties, Inc. (HPP) Scheduled to Post Quarterly Earnings on Thursday|
www.americanbankingnews.com - October 26 at 4:38 AM
|Hudson Pacific Properties, Inc. (HPP) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - October 25 at 7:14 AM
|Hudson Pacific Properties Names Andy Wattula to Lead Operations in Pacific Northwest|
finance.yahoo.com - October 19 at 10:47 PM
|$176.12 Million in Sales Expected for Hudson Pacific Properties Inc (HPP) This Quarter|
www.americanbankingnews.com - October 19 at 3:24 PM
|Hudson Pacific Properties, Inc. (HPP) Short Interest Update|
www.americanbankingnews.com - October 18 at 1:24 AM
|$0.50 Earnings Per Share Expected for Hudson Pacific Properties, Inc. (HPP) This Quarter|
www.americanbankingnews.com - October 17 at 2:30 AM
|Hudson Pacific Properties, Inc. : HPP-US: Dividend Analysis : September 19th, 2017 (record date) : By the numbers : October 9, 2017|
finance.yahoo.com - October 9 at 7:37 PM
|Hudson Pacific Properties Announces Third Quarter Earnings Release and Conference Call|
finance.yahoo.com - October 5 at 12:41 PM
|Head to Head Analysis: Hudson Pacific Properties (HPP) vs. Its Competitors|
www.americanbankingnews.com - October 4 at 6:32 AM
|Hudson Pacific Properties Updates 2017 Outlook in Connection with Public Offering and Pending Disposition|
finance.yahoo.com - October 3 at 9:56 AM
|$176.12 Million in Sales Expected for Hudson Pacific Properties, Inc. (HPP) This Quarter|
www.americanbankingnews.com - September 30 at 7:54 AM
|Hudson Pacific Properties, Inc. (HPP) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - September 30 at 6:44 AM
|At $33.05, Is It Time To Sell Hudson Pacific Properties Inc (HPP)?|
finance.yahoo.com - September 29 at 4:50 PM
|Hudson Pacific (HPP) Prices $400M Senior Notes Offering - Nasdaq|
www.nasdaq.com - September 28 at 11:24 AM
|Hudson Pacific Properties' (HPP) "Buy" Rating Reaffirmed at KeyCorp|
www.americanbankingnews.com - September 26 at 5:38 PM
|Hudson Pacific Properties Announces Pricing of Public Offering of $400 Million Aggregate Principal Amount of Senior Notes Due 2027|
www.businesswire.com - September 26 at 10:49 AM
|Hudson Pacific Properties, Inc. breached its 50 day moving average in a Bullish Manner : HPP-US : September 26, 2017|
finance.yahoo.com - September 26 at 10:49 AM
|Hudson Pacific (HPP) Prices $400M Senior Notes Offering|
finance.yahoo.com - September 26 at 10:49 AM
|Hudson Pacific Properties, Inc. -- Moody's assigns a Baa3 rating to Hudson Pacific Properties' senior unsecured bonds; stable outlook|
finance.yahoo.com - September 25 at 6:12 PM
|BRIEF-Hudson Pacific Properties says entered into agreement with affiliates of Blackstone to sell 100% interest in Hudson MC Partners|
www.reuters.com - September 25 at 10:06 AM
|Hudson Pacific Properties (HPP) & The Competition Critical Contrast|
www.americanbankingnews.com - September 21 at 6:18 PM
|Analyzing Hudson Pacific Properties (HPP) and City Office REIT (CIO)|
www.americanbankingnews.com - September 21 at 6:26 AM
|Hudson Pacific Properties, Inc. (HPP) Research Coverage Started at Goldman Sachs Group, Inc. (The)|
www.americanbankingnews.com - September 19 at 11:32 PM
|Hudson Pacific up 1.6% on Goldman touch|
seekingalpha.com - September 19 at 7:34 PM
|Reviewing Hudson Pacific Properties (HPP) and Its Rivals|
www.americanbankingnews.com - September 17 at 8:30 PM
|Hudson Pacific Properties, Inc. breached its 50 day moving average in a Bullish Manner : HPP-US : September 15, 2017|
finance.yahoo.com - September 16 at 12:58 AM
|Ex-Dividend Reminder: Hudson Pacific Properties, Meridian Bancorp and Broadcom|
www.nasdaq.com - September 14 at 8:32 PM
|Financial Review: Hudson Pacific Properties (HPP) versus The Competition|
www.americanbankingnews.com - September 14 at 10:34 AM
Hudson Pacific Properties (NYSE HPP) Chart for Saturday, November, 25, 2017