Hudson Pacific Properties, Inc. logo

Hudson Pacific Properties, Inc. (HPP)

Common Stock · Currency in USD · XNYS

Hudson Pacific Properties Inc is a vertically integrated real estate investment trust offering end-to-end real estate solutions for dynamic tenants in the synergistic, converging and secular growth industries of tech and media. It acquires, repositions, develops and operates sustainable high-quality office studio properties in high-barrier-to-entry tech and media epicenters. Its primary investment markets include Los Angeles, the San Francisco Bay Area, Seattle, New York and Vancouver, British Columbia. Its segments include Office properties and related operations and Studio properties and related operations. The majority of the revenue is derived from Office properties and related operations segment.

Company Info

SIC6500
Composite FIGIBBG000QC4T33
CIK0001482512
IPOJun 24, 2010
Sectorreal estate

Highlights

Market Cap$306.47M
EPS-$1.20
P/E Ratio-0.53
Revenue$753.24M
Gross Profit$746.47M
Net Income-$576.34M
Employees607
WSO54,242,024
Phone(310) 445-5700

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Hudson Pacific Properties, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Hudson Pacific Properties, Inc. (HPP) has returned -48.87% so far this year and -66.51% over the past 12 months. Looking at the last ten years, HPP has achieved an annualized return of -30.07%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

HPP

1M-23.96%
6M-70.54%
YTD-48.87%
1Y-66.51%
5Y-50.85%
10Y-30.07%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Hudson Pacific Properties, Inc. (HPP) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-21.99%-15.81%-16.53%-4.56%
20253.30%8.61%-11.14%-30.98%-10.14%48.91%-9.93%14.69%2.22%-12.54%-17.84%-21.06%
2024-13.06%-22.59%1.42%-10.49%-15.49%-2.04%23.25%-15.30%-6.09%-8.47%-11.70%-21.71%
202317.42%-18.32%-27.40%-17.01%-15.25%-10.78%39.43%15.62%-4.18%-32.83%32.81%58.60%
2022-4.79%12.10%5.79%-16.95%-14.70%-25.13%2.04%-11.10%-16.73%-1.08%2.85%-16.62%
2021-2.62%8.43%3.51%3.12%2.58%-4.63%-2.08%-4.14%-1.31%-2.35%-5.62%-0.44%
2020-3.94%-11.27%-21.97%3.45%1.73%4.14%-6.39%-0.17%-5.72%-12.05%33.40%-9.39%
201912.86%2.22%3.39%1.28%-4.41%-0.66%5.22%-3.79%-1.47%7.32%-0.44%5.37%
2018-6.87%-1.25%3.11%1.26%7.60%-0.08%-3.22%0.21%-2.91%-7.28%1.28%-6.26%
20171.11%3.30%-5.25%-0.75%-4.71%4.56%-4.66%0.64%1.54%0.80%5.38%-4.09%
20161.77%-4.45%4.21%15.59%-0.86%-1.88%2.88%4.06%-0.14%

Performance Indicators

The charts below present risk-adjusted performance metrics for Hudson Pacific Properties, Inc. (HPP) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00HPP: -1.70SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00HPP: -2.27SPY: 1.40

Omega ratio

0.501.001.502.00HPP: 0.74SPY: 1.22

Calmar ratio

0.002.004.006.00HPP: -0.95SPY: 1.20

Martin ratio

0.001.003.00HPP: -0.17SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of HPP compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Hudson Pacific Properties, Inc. volatility is 4.47%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

20252024202320222021202020192018201720162015201320122011
Liabilities And Equity (USD)7.27B8.13B8.28B9.32B8.99B8.35B7.47B7.07B6.62B6.68B6.25B2.13B1.56B1.15B
Temporary Equity (USD)53.38M59.09M67.00M134.86M139.26M9.82M9.82M9.82M10.18M-----
Equity Attributable To Parent (USD)2.97B2.86B3.08B3.31B3.74B3.46B3.42B3.54B3.64B3.10B1.67B1.00B840.21M625.31M
Equity Attributable To Noncontrolling Interest (USD)179.43M263.17M416.16M444.73M455.17M504.84M292.57M286.58M273.19M599.47M2.06B99.42M57.01M63.36M
Equity (USD)3.15B3.12B3.49B3.75B4.20B3.97B3.71B3.83B3.91B3.70B3.73B1.10B897.22M688.67M
Redeemable Noncontrolling Interest, Preferred (USD)2.80M9.82M9.82M9.82M9.82M9.82M9.82M9.82M------
Redeemable Noncontrolling Interest, Common (USD)50.58M49.28M57.18M125.04M129.45M---------
Redeemable Noncontrolling Interest (USD)53.38M59.09M67.00M134.86M139.26M9.82M9.82M9.82M10.18M-----
Long-term Debt (USD)-------2.62B2.42B2.69B-931.31M582.09M-
Noncurrent Liabilities (USD)--------------
Current Liabilities (USD)4.06B4.95B4.72B5.43B4.65B4.24B3.62B3.12B2.70B2.97B2.51B1.02B649.99M451.65M
Liabilities (USD)4.06B4.95B4.72B5.43B4.65B4.24B3.62B3.12B2.70B2.97B2.51B1.02B649.99M451.65M
Intangible Assets (USD)----------318.03M112.20M83.50M84.13M
Fixed Assets (USD)72.40M127.07M118.78M130.29M58.47M---------
Noncurrent Assets (USD)--------------
Other Current Assets (USD)---9.31B8.99B---------
Inventory (USD)---4.91M1.58M---------
Current Assets (USD)7.27B8.13B8.28B9.32B8.99B8.35B7.47B7.07B6.62B6.68B6.25B2.13B1.56B1.15B
Assets (USD)7.27B8.13B8.28B9.32B8.99B8.35B7.47B7.07B6.62B6.68B6.25B2.13B1.56B1.15B

News and Insights

3 Hot Trades for Insiders, But Are They Good Buys for Investors?

Insider activity increased in stocks such as Hudson Pacific Properties, NeoGenomics, and Carvana, signaling opportunities for traders and investors. The article examines who is buying, the forces driving their underlying markets, and the potential upside.

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Morgan Stanley downgrades Hudson Pacific stock amid weak earnings outlook - Investing.com

Morgan Stanley has downgraded Hudson Pacific Properties (HPP) stock from Equalweight to Underweight, citing concerns over the company's earnings potential and valuation benchmarks. The firm has revised the price target for the REIT to $4.25, down from the previous $6.00.

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What 7 Analyst Ratings Have To Say About Hudson Pacific Properties

Across the recent three months, 7 analysts have shared their insights on Hudson Pacific Properties (NYSE:HPP), expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 3 2 0 0 3M Ago 0 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $7.7, along with a high estimate of $9.00 and a low estimate of $6.00. This current average represents a 16.03% decrease from the previous average price target of $9.17. Deciphering Analyst Ratings: An In-Depth Analysis A clear picture of Hudson Pacific Properties's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Alexander Goldfarb Piper Sandler Lowers Overweight $7.00 $9.00 Ronald Kamdem Morgan Stanley Lowers Equal-Weight $6.00 $7.00 Alexander Goldfarb Piper Sandler Maintains Overweight $9.00 $9.00 Alexander Goldfarb Piper Sandler Lowers Overweight $9.00 $11.00 Ronald Kamdem Morgan Stanley Lowers Equal-Weight $7.00 $8.00 Andrew Rosivach Wolfe Research Announces Outperform $8.40 - Richard Anderson Wedbush Lowers Neutral $7.50 $11.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hudson Pacific Properties. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analysts assign qualitative ...Full story available on Benzinga.com

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Here's What Key Metrics Tell Us About Hudson Pacific (HPP) Q1 Earnings

While the top- and bottom-line numbers for Hudson Pacific (HPP) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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The State Of REITs: April 2024 Edition

REITs saw a strong bounce-back in March, with gains in mid, small, and large caps, and positive total returns for the majority of securities. Read more here.

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Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors

A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February’s 3.2%, surpassing expectations set at 3.4%. Adding to concerns, core inflation, which excludes energy and food, also exceeded expectations, reaching 3.8% compared to the anticipated 3.7%, dismissing any justifications solely attributed to higher gasoline price pressures. Consequently, investors sharply revised down their expectations for Fed rate cuts, now anticipating the commencement of any easing policy no earlier than September, with less than two rate cuts expected by year-end. What’s Hot/Cold In The CPI Basket? Expenditure categories witnessing the highest month-over-month seasonally adjusted price increase in March were: Motor vehicle insurance: +2.6% Motor vehicle maintenance and repair: +1.7% Gasoline (all types): +1.7% Hospital services: +1% Meats, poultry, fish, and eggs: +0.9% Those showing the lowest monthly inflation were: Fuel oil: down 1.3% Used cars and trucks: down 1.1% Cereals and bakery ...Full story available on Benzinga.com

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In-Depth Examination Of 7 Analyst Recommendations For Hudson Pacific Properties

During the last three months, 7 analysts shared their evaluations of Hudson Pacific Properties (NYSE:HPP), revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 2 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 2 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $10.79, a high estimate of $13.00, and a low estimate of $7.50. Marking an increase of 17.54%, the current average surpasses the previous average price target of $9.18. Exploring Analyst Ratings: An In-Depth Overview In examining recent analyst actions, we gain insights into how financial experts perceive Hudson Pacific Properties. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Andrew Rosivach Wolfe Research Announces Outperform $8.40 - Richard Anderson Wedbush Lowers Neutral $7.50 $11.00 Caitlin Burrows Goldman Sachs Raises Neutral $10.60 $7.10 John Kim BMO Capital Raises Outperform $13.00 $12.00 Peter Abramowitz Jefferies Raises Buy $12.00 $6.00 Thomas Catherwood BTIG Raises Buy $13.00 $11.00 Alexander Goldfarb Piper Sandler Raises Overweight $11.00 $8.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hudson Pacific Properties. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Providing ...Full story available on Benzinga.com

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