Hudson Pacific Properties

Hudson Pacific Properties, Inc. is a real estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Studio Properties. The Office Properties segment manages office properties located in California and Pacific Northwest. The Studio Properties segment is primarily used for the physical production of media content, such as television programs, feature films, commercials, music videos and photographs. Hudson Pacific Properties was founded by Victor J. Coleman in 2006 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hudson Pacific Properties excels in leasing and sustainability, poised for growth

Hudson Pacific Properties delivered a strong performance in 2022, achieving key milestones in leasing, financial results, and sustainability initiatives. The company's strategic focus on tech-centric markets, tenant diversification, and shareholder returns positions it for future success. While facing challenges related to market dynamics and economic uncertainties, Hudson Pacific Properties remains resilient and proactive in driving growth.
Opportunities for further expansion and value creation exist through leveraging the company's operational strengths, robust leasing pipeline, and commitment to sustainability. By navigating challenges effectively, monitoring market trends, and optimizing asset management strategies, Hudson Pacific Properties can capitalize on emerging opportunities in the real estate sector. The company's performance underscores its potential for sustained growth and market leadership.

Hudson Pacific Properties adapts to challenges, eyes tech growth

Hudson Pacific Properties navigated challenges in Q1 2023, with a focus on de-leveraging and enhancing the balance sheet amidst macroeconomic uncertainties and a studio business slowdown.
Return-to-office announcements from tech giants and the company's presence in tech hubs position it well for future growth opportunities.
While facing challenges such as lease expirations and the impact of the writers' strike, Hudson Pacific Properties is actively addressing these issues to drive long-term success.
Efforts to optimize the leasing pipeline, maintain tenant relationships, and explore asset dispositions reflect a strategic approach to navigating current market conditions.

Hudson Pacific Properties addresses challenges, eyes tech-driven growth opportunities

Hudson Pacific Properties navigated challenges in Q2, focusing on enhancing cost structures, boosting NOI, and improving leasing economics. Despite headwinds, the company sees opportunities in tech-driven markets and potential growth in AI, aiming to strengthen financials through deleveraging and asset sales.

Hudson Pacific Properties excels in office leasing and studio business, eyes growth opportunities

Hudson Pacific Properties reported positive office leasing trends and strong tenant interest, with a focus on deleveraging and balance sheet fortification. The studio business development, financial results, and strategies for compliance with covenants were key highlights. Opportunities for growth in the studio business post-strikes and expansion in New York City were emphasized.
The company demonstrated strengths in office leasing, sustainability efforts, and financial performance, with a competitive advantage in the show-by-show model. Challenges included large tenant move-outs, potential strikes, and maintaining compliance with covenants. Opportunities lie in the studio business growth, market expansion, and operational efficiency strategies.
Analyst questions focused on specific assets, potential strikes, covenant stress testing, and studio business performance, with detailed responses provided. Hudson Pacific Properties positioned itself well for growth opportunities in various markets, emphasizing a disciplined approach to decision-making. The company anticipates full activity in the studio business post-strikes and sees potential for revenue growth.

Hudson Pacific Properties tackles challenges, eyes growth in 2024

Hudson Pacific Properties navigated a challenging 2023 with resilience, signing significant office leases, executing asset sales, and focusing on tech leasing rebound and studio segment growth for 2024.
Despite facing revenue and FFO decreases, the company improved its balance sheet, received ESG accolades, and remains committed to aggressive leasing and balance sheet fortification.
Opportunities lie in capitalizing on tech tenants' return to physical office space, ramping up studio production, and leveraging a strong leasing pipeline for future growth and operational improvement.
Challenges include ongoing impacts of union strikes, delays in studio business, and uncertainties in office occupancy recovery, requiring strategic adaptation to market trends and operational dynamics.

Hudson Pacific Properties reports mixed Q1 results amid leasing strength

Hudson Pacific Properties navigated mixed financial results in Q1 2024, with strong office leasing activity but challenges in the studio business and competitive rent structures.
The company's modern portfolio and sustainability efforts position it well for growth, while uncertainties around strikes and occupancy delays require strategic evaluation.
Exploration of asset sales, recapitalization, and studio business strategies present opportunities for optimizing performance and revenue diversification.
Overall, Hudson Pacific Properties faces a dynamic market landscape with both strengths to leverage and challenges to address in pursuit of sustained growth.

Hudson Pacific Properties (HPP) reports solid Q2 results amidst studio challenges

HPP's Q2 performance was solid, with a focus on leasing activity and balance sheet strength. Challenges in studios and concerns about potential recession impacts were discussed. The company is eyeing opportunities for growth and cost efficiencies.

Hudson Pacific Properties reports strong Q3 performance and strategic growth

Hudson Pacific Properties (HPP) showcases strong performance in leasing and financial metrics in Q3 2024, supported by positive office-related indicators and studio segment developments.
While facing challenges in optimizing lease percentages and managing debt levels, HPP's capital recycling efforts and robust leasing pipeline offer opportunities for growth and balance sheet strengthening.
Overall, HPP's Q3 earnings call highlights a solid operational performance, strategic initiatives for deleveraging, and promising opportunities in both office and studio segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hudson Pacific Properties, Inc. is a real estate company, which acquires, repositions, develops, and operates sustainable office and state of-the-art studio properties in high-barrier-to-entry submarkets in California, the Pacific Northwest, Western Canada, and Greater London, United Kingdom. It operates through the Office Properties and Studio Properties segments. The Office Properties segment manages office properties located in California and the Pacific Northwest. The Studio Properties segment is primarily used for the physical production of media content, such as television programs, feature films, commercials, music videos and photographs. The company was founded by Victor J. Coleman in 2006 and is headquartered in Los Angeles, CA.

While the top- and bottom-line numbers for Hudson Pacific (HPP) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hudson Pacific (HPP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.49 per share a year ago.

Hudson Pacific Properties (HPP) Lags Q4 FFO and Revenue Estimates

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced financial results for the fourth quarter 2023. "We are proud of our team's efforts and our positive results that overcame a multitude of industry challenges in 2023 including ongoing economic uncertainty. Among our accomplishments for the year, we leased 1.7 million square feet and.

Hudson Pacific Properties Reports Fourth Quarter 2023 Financial Results

Stellantis N.V. 

Tesla

Alibaba

iShares PHLX Semiconductor ETF

Michael Burry, the medical doctor turned successful investor, made a name for himself in 2008 when he correctly predicted the crisis and shorted the U.S. housing market.

Will Michael Burry shock the market again? Predictions for upcoming 13F filings

Anheuser-Busch InBev

Chevron

Altria

Realty Income Corp

How to Retire Early With Dividends (sponsored) Finding a good financial advisor today may be the key to a richer tomorrow.

5 Wall Street Top Stock Picks for 2024 That Pay Huge Dividends

Hudson Pacific (HPP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Hudson Pacific (HPP) Ahead of Earnings?

Medical Properties Trust

Orion Office REIT

The upheavals of 2023 rattled the housing market, witnessing soaring mortgage rates and stalled sales. In short, it created uncertainty for real estate investment trusts (REITs).

3 Doomed REITs to Dump Before They Dive: February 2024

Besides Wall Street's top -and-bottom-line estimates for Hudson Pacific (HPP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Seeking Clues to Hudson Pacific (HPP) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the tax treatment for its 2023 common stock and preferred stock dividends. The company's dividends related to its common stock (CUSIP #444097109) will be classified for United States federal income tax purposes as follows:       Dividends   Capital Gains   Section 897   Record Date Payment Date Distribution Per Share Ordinar.

Hudson Pacific Properties Announces 2023 Dividend Tax Treatment

CBL & Associates Properties

Highwoods Properties

Office Properties Income Trust

Paramount Group

Since November, excitement about lower interest rates has boosted interest-rate-sensitive stocks like real estate investment trusts (or REITs). However, as rate cut enthusiasm cools, now may be the time to determine what REITs to sell.

7 REITs to Sell in January Before They Crash and Burn

We had HPP and its preferred shares on a "hold" as the risks offset the potential rewards. Both stocks have had a sharp rally off the October bottom. We dissect the recent numbers and tell you why we are going in the opposite direction.

Hudson Pacific Properties: Downgrading Common And Preferreds To A Sell

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after the market closes on Monday, February 12, 2024. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Tuesday, February 13, 2024. To participate by telephone, please dial (833) 470-1428 and enter passcode 937174. International.

Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call

Booking Hlds

Crescent Energy

JD.com

The RealReal

Assuming he is still holding it, famed ‘Big Short' investor Michael Burry is sitting on notable losses on his bearish position against the semiconductor sector, unveiled in Q3 2023.

This is Michael Burry's top-performing stock

Blackstone Mortgage Trust

Global Net Lease

It was a tumultuous 2023 for the housing market, marked by rising mortgage rates and stagnating sales and inventory. So, investors are closely eyeing real estate investment trusts (REITs) to sell in anticipation of market shifts.

3 REITs to Sell in January Before They Crash and Burn

Signet Jewelers

Although he remained notably quiet for most of 2023, legendary ‘Big Short' investor Michael Burry once again captured headlines with his bold investment maneuvers.

Michael Burry's stock market predictions for 2024

Macerich

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, and Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of major retail and mixed-use properties in top markets, today announced the sale of One Westside and Westside Two in Los Angeles to the Regents of the University of California for $700 million before prorations and closing costs. Hudson Pacific held a 75.

Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the company has closed on an amendment to its unsecured revolving credit facility to refine certain definitions and adjust certain covenant calculations, with key changes including: Adjusting the provision allowing the company to temporarily extend its unsecured leverage and total leverage thresholds from 60% to 65% in conne.

Hudson Pacific Announces Completion of Credit Facility Amendment

Nexstar Media Group

Few figures in the investment realm have captured attention quite like Michael Burry.

Revealed: Michael Burry's stock portfolio performance in 2023

AMC Networks

Century Aluminum

Cytek Biosciences

3D Systems

Harmony Biosciences Holdings

PRA Group

Proto Labs

Sonos

Triumph Group

Small stocks are blasting past the S&P 500 — and investors are loading up on a handful of them fast.

Small Stocks Are On A Tear — Investors Race To Buy These 10

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hudson Pacific Properties, Inc. ("Hudson Pacific" or the "Company") (NYSE: HPP). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hudson Pacific Properties, Inc.- HPP

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2023 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 28, 2023 to preferred stockholders of record on December 18, 2023. Abo.

Hudson Pacific Properties Declares Fourth Quarter 2023 Preferred Stock Dividend

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been appointed to the company's Board of Directors effective January 1, 2024. Nash will succeed outgoing board member Richard “Rocky” Fried, who will retire from the company's Board at the end of the year. Nash is the Co-Founder and Chairman of Blackstone Real Estate Debt Strategies. He is a member of t.

Hudson Pacific Appoints Michael Nash to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced that it has been recognized again as a leader in sustainability by key industry organizations and ranking systems including the GRESB Real Estate Assessment, Nareit Leader in the Light Awards, ENERGY STAR Partner of the Year Awards, Newsweek's America's Most Responsible Companies and S&P Global Sustainability Yearbook. Hudson.

Hudson Pacific Reaffirms Leadership in Sustainability with Industry-Wide Recognitions

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches of a loan secured by its Hollywood Media Portfolio for gross proceeds of $189.3 million before prorations and closing costs. Specifically, these sales included: Cloud 10, a 5.3-acre land parcel in North San Jose, for $.

Hudson Pacific Raises $189 Million from Silicon Valley Land and Studio Debt Sales

Alexandria Real Estate Equities

Boston Properties

Kilroy Realty

Vornado Realty Trust

U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.

News for Hudson Pacific Properties Stock (HPP)