HPP RSI Chart
Last 7 days
-10%
Last 30 days
-16.9%
Last 90 days
-30.2%
Trailing 12 Months
1.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 914.1M | 0 | 0 | 0 |
2023 | 1.0B | 1.0B | 998.8M | 952.3M |
2022 | 928.2M | 964.1M | 996.8M | 1.0B |
2021 | 811.9M | 828.8M | 860.2M | 896.8M |
2020 | 827.3M | 829.2M | 818.0M | 805.0M |
2019 | 751.7M | 773.2M | 800.0M | 818.5M |
2018 | 734.0M | 728.6M | 719.3M | 728.4M |
2017 | 654.4M | 680.6M | 706.0M | 728.1M |
2016 | 611.6M | 614.1M | 627.1M | 639.6M |
2015 | 261.9M | 351.6M | 435.0M | 520.9M |
2014 | 213.8M | 228.5M | 243.3M | 254.7M |
2013 | 171.1M | 179.4M | 192.2M | 205.6M |
2012 | 144.2M | 149.8M | 153.5M | 160.5M |
2011 | 84.5M | 106.8M | 126.2M | 142.2M |
2010 | 48.6M | 52.6M | 56.6M | 60.7M |
2009 | 0 | 0 | 0 | 44.5M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 27, 2024 | wattula andy | sold (taxes) | -17,355 | 6.5 | -2,670 | chief operating officer |
Feb 27, 2024 | gordon drew | sold (taxes) | -24,219 | 6.5 | -3,726 | chief investment officer |
Feb 22, 2024 | sholem barry a | bought | 267,600 | 6.69 | 40,000 | - |
Feb 21, 2024 | sholem barry a | bought | 267,600 | 6.69 | 40,000 | - |
Feb 16, 2024 | gordon drew | sold | -71,118 | 7.11185 | -10,000 | chief investment officer |
Jan 01, 2024 | nash michael b. | acquired | - | - | 5,106 | - |
Dec 29, 2023 | wattula andy | sold (taxes) | -25,434 | 9.31 | -2,732 | chief operating officer |
Dec 29, 2023 | gordon drew | sold (taxes) | -36,551 | 9.31 | -3,926 | chief investment officer |
Nov 08, 2023 | harris robert l ii | acquired | - | - | 12,523 | - |
May 25, 2023 | burnough erinn | acquired | - | - | 27,088 | - |
Which funds bought or sold HPP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 1.99 | -296,922 | 715,066 | 0.01% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | sold off | -100 | -215,000 | - | -% |
May 06, 2024 | SG Americas Securities, LLC | added | 385 | 394,000 | 561,000 | -% |
May 06, 2024 | Parallel Advisors, LLC | reduced | -8.9 | -5,979 | 10,230 | -% |
May 06, 2024 | Quantbot Technologies LP | reduced | -55.52 | -1,494,310 | 665,550 | 0.04% |
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -13,313 | - | -% |
May 03, 2024 | Glassman Wealth Services | sold off | -100 | -7,997 | - | -% |
May 03, 2024 | GSA CAPITAL PARTNERS LLP | added | 167 | 896,000 | 1,949,000 | 0.16% |
May 03, 2024 | SIGNATUREFD, LLC | unchanged | - | -14,737 | 33,237 | -% |
May 03, 2024 | HUNTINGTON NATIONAL BANK | unchanged | - | -3,617 | 8,160 | -% |
Unveiling Hudson Pacific Properties Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Hudson Pacific Properties Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 84.7B | 11.2B | 42.91 | 7.56 | ||||
CCI | 41.8B | 6.8B | 29.96 | 6.1 | ||||
AVB | 27.9B | 2.8B | 29.16 | 9.93 | ||||
ARE | 20.9B | 3.0B | 106.61 | 7.09 | ||||
AMH | 13.4B | - | 31.65 | 8.24 | ||||
REG | 11.0B | 1.4B | 29.39 | 8.02 | ||||
BXP | 9.6B | 3.3B | 50.23 | 2.92 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.2B | 35.86 | 7.43 | ||||
SLG | 3.3B | 892.3M | -6.5 | 3.73 | ||||
MAC | 3.3B | 884.1M | -12 | 3.72 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 444.1M | 19.54 | 3.02 | ||||
AIV | 1.2B | 198.2M | -7.62 | 5.71 | ||||
MFA | 1.1B | 650.2M | 35.5 | 1.67 | ||||
NYMT | 562.0M | 285.4M | -4.08 | 1.97 | ||||
IVR | 442.4M | 277.9M | -27.9 | 1.59 |
Hudson Pacific Properties Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -4.2% | 214 | 223 | 231 | 245 | 252 | 270 | 260 | 251 | 245 | 240 | 228 | 216 | 213 | 204 | 196 | 199 | 206 | 217 | 208 | 197 | 197 |
Costs and Expenses | -100.0% | - | 22.00 | 22.00 | 23.00 | 22.00 | 22.00 | 20.00 | 18.00 | 18.00 | 19.00 | 18.00 | 18.00 | 16.00 | -10.94 | 26.00 | 24.00 | 27.00 | -88.08 | - | - | - |
Operating Expenses | -7.1% | 222 | 239 | 228 | 229 | 227 | 231 | 218 | 213 | 205 | 198 | 191 | 183 | 179 | 179 | 168 | 164 | 167 | 173 | 166 | 158 | 159 |
S&GA Expenses | -100.0% | - | 20.00 | 18.00 | 19.00 | 19.00 | 17.00 | 20.00 | 22.00 | 21.00 | 18.00 | 18.00 | 17.00 | 18.00 | 24.00 | 17.00 | 18.00 | 19.00 | 18.00 | 18.00 | 18.00 | 18.00 |
EBITDA Margin | -8.2% | 0.43* | 0.47* | 0.52* | 0.51* | 0.51* | 0.49* | 0.53* | 0.53* | 0.54* | 0.55* | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | -15.8% | 44.00 | 52.00 | 54.00 | 55.00 | 54.00 | 48.00 | 37.00 | 34.00 | 31.00 | 30.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 28.00 | 26.00 | 28.00 | 27.00 | 27.00 | 24.00 |
Income Taxes | -100.0% | - | 4.00 | -0.42 | 6.00 | - | 3.00 | -1.31 | -0.76 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | 37.3% | -53.35 | -85.16 | -36.18 | -25.17 | -14.82 | -2.75 | -8.10 | 3.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBT Margin | -29.1% | -0.22* | -0.17* | -0.08* | -0.05* | -0.02* | -0.02* | 0.03* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 39.8% | -53.35 | -88.66 | -35.75 | -31.47 | -14.82 | -5.66 | -6.79 | 4.00 | -7.61 | 17.00 | -6.18 | 7.00 | 11.00 | -3.17 | -1.36 | 7.00 | 14.00 | 14.00 | 63.00 | 13.00 | -36.90 |
Net Income Margin | -27.7% | -0.23* | -0.18* | -0.09* | -0.06* | -0.02* | -0.02* | 0.01* | 0.01* | 0.01* | 0.03* | 0.01* | 0.02* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 606.5% | 65.00 | 9.00 | 71.00 | 59.00 | 93.00 | 41.00 | 138 | 95.00 | 95.00 | 29.00 | 113 | 58.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.4% | 8,251 | 8,282 | 8,987 | 9,106 | 9,124 | 9,319 | 9,320 | 9,051 | 9,004 | 8,990 | 8,804 | 8,426 | 8,404 | 8,350 | 7,942 | 7,607 | 7,845 | 7,467 | 7,428 | 7,487 | 7,374 |
Cash Equivalents | 13.9% | 114 | 100 | 75.00 | 109 | 163 | 256 | 162 | 267 | 138 | 97.00 | 111 | 111 | 134 | 114 | 365 | 45.00 | 392 | 46.00 | 57.00 | 48.00 | 52.00 |
Net PPE | 0.8% | 120 | 119 | 116 | 120 | 124 | 130 | 129 | 60.00 | 60.00 | 58.00 | 60.00 | - | - | 8.00 | - | - | - | - | - | - | - |
Goodwill | 0% | 264 | 264 | 264 | 264 | 264 | 264 | 261 | 109 | 109 | 109 | 105 | - | - | 9.00 | - | - | - | - | - | - | - |
Liabilities | 1.7% | 4,801 | 4,721 | 5,261 | 5,332 | 5,294 | 5,434 | 5,393 | 5,066 | 4,923 | 4,654 | 4,812 | 4,343 | 4,329 | 4,245 | 3,907 | 3,869 | 4,078 | 3,622 | 3,564 | 3,653 | 3,509 |
Long Term Debt | -100.0% | - | 565 | 573 | 4,473 | 66.00 | 4,586 | 4,449 | 4,129 | 525 | 128 | 66.00 | 3,491 | 131 | 132 | 66.00 | 66.00 | 3,234 | 66.00 | 2,728 | 66.00 | 137 |
Shareholder's Equity | 10.1% | 3,389 | 3,078 | 3,179 | 3,645 | 3,699 | 3,305 | 3,792 | 3,849 | 3,943 | 4,197 | 3,852 | 3,946 | 3,936 | 3,968 | 3,898 | 3,602 | 3,630 | 3,709 | 3,732 | 3,709 | 3,740 |
Retained Earnings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -31.35 | -41.19 |
Additional Paid-In Capital | 3.8% | 2,754 | 2,652 | 2,748 | 2,784 | 2,835 | 2,890 | 2,935 | 2,986 | 3,064 | 3,317 | 3,390 | 3,435 | 3,424 | 3,470 | 3,233 | 3,317 | 3,350 | 3,416 | 3,442 | 3,450 | 3,485 |
Shares Outstanding | 0.1% | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 146 | 149 | 152 | 151 | 151 | - | - | - | - | - | - | - | - | - |
Minority Interest | -100.0% | - | 81.00 | 345 | 73.00 | 376 | 378 | 63.00 | 59.00 | 55.00 | 52.00 | 48.00 | 467 | 477 | 467 | 32.00 | 270 | 270 | 23.00 | 270 | 268 | 267 |
Float | - | - | - | - | 583 | - | - | - | 2,070 | - | - | - | 4,100 | - | - | - | 3,800 | - | - | - | 5,020 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 606.5% | 65.00 | 9.00 | 71.00 | 59.00 | 93.00 | 41.00 | 138 | 95.00 | 95.00 | 29.00 | 113 | 58.00 | 115 | 54.00 | 110 | 47.00 | 90.00 | 54.00 | 88.00 | 56.00 | 89.00 |
Share Based Compensation | -3.1% | 7.00 | 7.00 | 6.00 | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 6.00 | 6.00 | 4.00 | 8.00 | 5.00 | 5.00 | 5.00 | 4.00 | 5.00 | 5.00 | 5.00 |
Cashflow From Investing | -112.0% | -71.36 | 592 | -31.09 | -103 | 10.00 | -42.67 | -231 | -31.98 | -72.27 | -193 | -356 | -106 | -97.21 | -701 | -138 | -88.76 | -78.10 | -109 | 63.00 | -141 | -128 |
Cashflow From Financing | 103.6% | 21.00 | -576 | -73.97 | -10.35 | -205 | 83.00 | -18.73 | 55.00 | -22.28 | 141 | 319 | 24.00 | 2.00 | 393 | 375 | -305 | 334 | 44.00 | -142 | 81.00 | 37.00 |
Dividend Payments | - | - | - | - | 18.00 | 37.00 | 36.00 | 36.00 | 36.00 | 37.00 | 39.00 | 39.00 | 39.00 | 38.00 | 38.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 40.00 |
Buy Backs | - | - | - | - | - | 1.00 | -50.00 | - | 37.00 | 100 | 31.00 | - | - | 15.00 | 27.00 | 27.00 | - | 35.00 | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
REVENUES | ||
Revenues | $ 214,023,000 | $ 252,263,000 |
OPERATING EXPENSES | ||
Operating expenses | 110,056,000 | 111,298,000 |
General and administrative | 19,710,000 | 18,724,000 |
Depreciation and amortization | 91,854,000 | 97,139,000 |
Total operating expenses | 221,620,000 | 227,161,000 |
OTHER INCOME (EXPENSES) | ||
Loss from unconsolidated real estate entities | (743,000) | (745,000) |
Fee income | 1,125,000 | 2,402,000 |
Interest expense | (44,089,000) | (53,807,000) |
Interest income | 854,000 | 371,000 |
Management services reimbursement income—unconsolidated real estate entities | 1,156,000 | 1,064,000 |
Management services expense—unconsolidated real estate entities | (1,156,000) | (1,064,000) |
Transaction-related expenses | (2,150,000) | (1,186,000) |
Unrealized (loss) gain on non-real estate investments | (898,000) | 839,000 |
Gain on sale of real estate | 0 | 7,046,000 |
Other income | 143,000 | 5,161,000 |
Total other expenses | (45,758,000) | (39,919,000) |
Loss before income tax benefit (provision) | (53,355,000) | (14,817,000) |
Income tax benefit (provision) | 0 | 0 |
Net loss | (53,355,000) | (14,817,000) |
Net income attributable to participating securities | (202,000) | (553,000) |
Net loss (income) attributable to non-controlling interest in consolidated real estate entities | 4,169,000 | (1,031,000) |
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities | 1,157,000 | 894,000 |
Net loss attributable to common units in the operating partnership | 1,229,000 | 282,000 |
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ (52,202,000) | $ (20,425,000) |
BASIC AND DILUTED PER SHARE AMOUNTS | ||
Net loss attributable to common stockholders—basic (in dollars per share) | $ (0.37) | $ (0.14) |
Net loss attributable to common stockholders—diluted (in dollars per share) | $ (0.37) | $ (0.14) |
Weighted average shares of common stock outstanding—basic (in shares) | 141,122,337 | 141,025,021 |
Weighted average shares of common stock outstanding—diluted (in shares) | 141,122,337 | 141,025,021 |
Series A preferred units | ||
OTHER INCOME (EXPENSES) | ||
Net income attributable to preferred units/shares | $ (153,000) | $ (153,000) |
Series C preferred stock | ||
OTHER INCOME (EXPENSES) | ||
Net income attributable to preferred units/shares | (5,047,000) | (5,047,000) |
Office | ||
REVENUES | ||
Rental revenues | 171,427,000 | 202,657,000 |
Service and other revenues | 3,648,000 | 3,976,000 |
Revenues | 175,075,000 | 206,633,000 |
OPERATING EXPENSES | ||
Operating expenses | 72,947,000 | 74,054,000 |
Studio | ||
REVENUES | ||
Rental revenues | 13,600,000 | 16,253,000 |
Service and other revenues | 25,348,000 | 29,377,000 |
Revenues | 38,948,000 | 45,630,000 |
OPERATING EXPENSES | ||
Operating expenses | $ 37,109,000 | $ 37,244,000 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Investment in real estate, at cost | $ 8,178,529 | $ 8,212,896 |
Accumulated depreciation and amortization | (1,736,720) | (1,728,437) |
Investment in real estate, net | 6,441,809 | 6,484,459 |
Non-real estate property, plant and equipment, net | 119,750 | 118,783 |
Cash and cash equivalents | 114,305 | 100,391 |
Restricted cash | 19,267 | 18,765 |
Accounts receivable, net | 23,980 | 24,609 |
Straight-line rent receivables, net | 217,685 | 220,787 |
Deferred leasing costs and intangible assets, net | 319,214 | 326,950 |
Operating lease right-of-use assets | 370,056 | 376,306 |
Prepaid expenses and other assets, net | 90,812 | 94,145 |
Investment in unconsolidated real estate entities | 270,440 | 252,711 |
Goodwill | 264,144 | 264,144 |
TOTAL ASSETS | 8,251,462 | 8,282,050 |
Liabilities | ||
Accounts payable, accrued liabilities and other | 203,194 | 203,736 |
Operating lease liabilities | 383,993 | 389,210 |
Intangible liabilities, net | 26,305 | 27,751 |
Security deposits, prepaid rent and other | 87,047 | 88,734 |
Total liabilities | 4,800,975 | 4,720,881 |
Commitments and contingencies (note 20) | ||
Redeemable preferred units of the operating partnership | 9,815 | 9,815 |
Redeemable non-controlling interest in consolidated real estate entities | 52,108 | 57,182 |
Hudson Pacific Properties, Inc. stockholders' equity: | ||
Common stock, $0.01 par value, 481,600,000 authorized, 141,144,592 and 141,034,806 shares outstanding at March 31, 2024 and December 31, 2023, respectively | 1,403 | 1,403 |
Additional paid-in capital | 2,753,640 | 2,651,798 |
Accumulated other comprehensive income (loss) | 3,033 | (187) |
Total Hudson Pacific Properties, Inc. stockholders’ equity | 3,183,076 | 3,078,014 |
Total equity | 3,388,564 | 3,494,172 |
TOTAL LIABILITIES AND EQUITY | 8,251,462 | 8,282,050 |
Non-controlling interest—members in consolidated real estate entities | ||
Hudson Pacific Properties, Inc. stockholders' equity: | ||
Non-controlling interest | 120,526 | 335,439 |
Non-controlling interest—units in the operating partnership | ||
Hudson Pacific Properties, Inc. stockholders' equity: | ||
Non-controlling interest | 84,962 | 80,719 |
4.750% Series C Cumulative Redeemable Preferred Stock | ||
Hudson Pacific Properties, Inc. stockholders' equity: | ||
4.750% Series C cumulative redeemable preferred stock, $0.01 par value, $25.00 per share liquidation preference, 18,400,000 authorized, 17,000,000 shares outstanding at March 31, 2024 and December 31, 2023 | 425,000 | 425,000 |
Unsecured and secured debt, net | ||
Liabilities | ||
Debt, net | 4,034,300 | 3,945,314 |
Joint venture partner debt | ||
Liabilities | ||
Debt, net | $ 66,136 | $ 66,136 |