YOLFTbeta
Hudson Pacific Properties Inc

Hudson Pacific Properties Inc

HPP · NYSE · Real Estate / REIT - Office

8.86USD+0.06 (+0.68%)

Price History

Full chart

Market Stats

Previous Close8.80
Open9.42
Day Range8.65 – 9.44
52-Week Range5.26 – 20.09
Volume574.20K
Market Cap1.30B
P/E (TTM)0.00
Forward P/E6.32
EPS-8.86
Dividend Yield0.00%
Beta1.91
50-Day Avg13.54
200-Day Avg10.89

About

Hudson Pacific Properties, Inc. owns, operates, develops and redevelops top-tier office real estate across high-barrier-to-entry West Coast gateway markets, including the San Francisco Bay Area, Los Angeles, Seattle and Vancouver. The company also owns a studio platform unique among publicly traded REITs, comprising one of the largest independent studio operations in Los Angeles, along with an additional studio in New York. Hudson Pacific's in-service portfolio of 46 properties includes approximately 12.8 million square feet of office space and approximately 1.7 million square feet of studio space, leased to investment-grade and blue-chip tenants in technology and media, balanced by legal, government, retail and financial and business services users. Hudson Pacific Properties, Inc. was incorporated in 1997 and is based in Los Angeles, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Victor J. Coleman
  • Employees607
  • Headquarters11601 Wilshire Boulevard, Los Angeles, CA, United States, 90025-1745, USA
  • Websitehttps://www.HudsonPacificProperties.com

Leadership

  • Mr. Victor J. ColemanChairman & CEO · b. 1962
  • Mr. Mark T. LammasPresident · b. 1967
  • Mr. Harout Krikor DiramerianChief Financial Officer · b. 1975
  • Mr. Drew B. GordonChief Investment Officer · b. 1967
  • Mr. Arthur X. SuazoExecutive Vice President of Leasing · b. 1965
  • Ms. Laura CampbellExecutive Vice President of Investor Relations & Marketing
  • Ms. Kay Lee Tidwell J.D.Executive VP, General Counsel & Chief Risk Officer · b. 1977
  • Ms. Laura MurrayVP of Communications
  • Ms. Lisa K. BurelliChief People Officer
  • Mr. Sanford Dale ShimodaExecutive Vice President of Finance · b. 1968

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-02-152018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.96M35.59M44.52M60.64M142.19M166.16M205.56M253.41M520.85M639.64M728.14M0728.42M817.43M805.70M896.84M1.03B952.30M842.08M831.11M
Growth (%)-+411.10%+25.10%+36.21%+134.48%+16.86%+23.71%+23.28%+105.53%+22.81%+13.84%-100.00%-+12.22%-1.44%+11.31%+14.43%-7.20%-11.57%-1.30%
Cost of Revenue4.05M17.34M25.79M30.03M67.19M77.92M89.03M104.27M189.86M229.12M254.10M0268.25M302.19M300.22M335.85M413.82M450.46M454.08M1.18B
Gross Profit2.92M18.25M18.73M30.61M75.00M88.24M116.53M149.15M330.99M410.52M474.03M0460.17M515.25M505.48M560.99M612.41M501.83M388.00M-350.16M
Gross Margin41.88%51.28%42.08%50.48%52.75%53.11%56.69%58.85%63.55%64.18%65.10%-63.17%63.03%62.74%62.55%59.68%52.70%46.08%-42.13%
Operating Expense1.36M8.70M10.91M20.41M57.70M73.52M88.57M100.47M283.61M321.11M337.43M-136.60M311.50M71.95M77.88M414.96M452.72M472.80M433.88M-302.60M
Operating Income1.56M9.55M7.83M10.21M17.30M14.72M27.96M48.68M47.39M89.41M136.60M136.60M148.68M443.30M427.60M146.03M159.69M29.03M-45.87M-47.55M
Operating Margin22.36%26.84%17.58%16.83%12.17%8.86%13.60%19.21%9.10%13.98%18.76%-20.41%54.23%53.07%16.28%15.56%3.05%-5.45%-5.72%
EBITDA2.30M16.52M18.76M22.06M64.37M72.14M98.02M120.89M292.52M358.49M462.14M-400.61M387.75M378.98M494.56M506.60M448.36M152.05M-45.39M
EBITDA Margin33.00%46.41%42.13%36.38%45.27%43.42%47.69%47.71%56.16%56.05%63.47%-55.00%47.43%47.04%55.15%49.37%47.08%18.06%-5.46%
Net Income-2.26M-1.71M-615.00K-2.80M-3.04M-4.99M-2.27M23.01M-19.93M28.62M69.23M32.45M99.37M44.03M2.04M10.11M-34.97M-173.89M-343.34M-551.69M
Net Income Margin-32.46%-4.80%-1.38%-4.62%-2.14%-3.00%-1.11%9.08%-3.83%4.47%9.51%-13.64%5.39%0.25%1.13%-3.41%-18.26%-40.77%-66.38%
R&D----000-00.070.1300.150.070.020.030.020.17--
R&D as % of Total Revenue----0.00%0.00%0.00%-0.00%0.00%0.00%-0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense3.86M10.24M8.79M8.83M17.48M19.07M25.47M25.93M50.67M76.04M90.04M083.17M105.84M116.48M121.94M149.90M214.41M177.39M172.22M
Interest Expense % of Total Revenue55.44%28.78%19.75%14.56%12.29%11.48%12.39%10.23%9.73%11.89%12.37%-11.42%12.95%14.46%13.60%14.61%22.52%21.07%20.72%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets203.01M386.70M448.23M1.00B1.15B1.56B2.13B2.34B6.25B6.68B6.62B7.07B7.47B8.35B8.99B9.32B8.28B8.13B7.27B
Total Liabilities139.81M177.31M221.65M402.72M464.12M662.47M1.03B1.07B2.52B2.98B2.71B3.12B3.63B4.25B4.66B5.44B4.73B4.96B4.07B
Total Equity63.20M209.40M226.59M601.86M688.67M897.22M1.10B1.28B3.73B3.70B3.91B3.95B3.83B4.10B4.33B3.87B3.55B3.17B2.97B
Cash96.00K4.96M3.69M48.88M13.71M18.90M30.36M17.75M53.55M83.02M78.92M53.74M46.22M113.69M96.56M255.76M100.39M63.26M138.36M
Total Debt134.28M152.00M201.15M363.05M822.60M582.09M944.98M934.67M2.32B2.76B4.84B2.83B3.56B3.92B4.22B5.05B4.40B4.62B3.76B
Net Debt134.18M147.04M197.46M314.18M808.90M563.18M900.95M900.31M2.21B2.60B2.34B2.77B3.52B3.75B4.13B4.80B4.30B4.56B3.62B

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-02-152018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-4.91M19.83M-88.00K7.62M32.08M42.82M41.55M63.17M174.86M226.77M292.96M292.96M214.63M288.01M302.03M314.86M369.50M232.26M164.66M120.98M
Investing Cash Flow-192.32M-178.42M-15.46M-242.16M-130.60M-423.47M-424.04M-246.36M-1.80B-524.90M-333.04M-333.04M-392.33M-316.41M-1.01B-754.21M-378.09M467.84M-250.54M42.84M
Financing Cash Flow197.33M163.45M4.93M279.72M63.35M385.85M393.95M170.59M1.66B334.75M33.17M33.17M144.62M18.46M796.09M486.68M97.45M-866.67M65.90M-100.87M
Capital Expenditure192.32M192.46M7.57M230.53M114.22M392.32M389.88M113.58M1.80B630.14M257.73M0362.69M20.50M593.95M125.23M116.67M5.74M23.06M22.07M
Free Cash Flow-197.23M-172.63M-7.66M-222.91M-82.14M-349.50M-348.34M-50.41M-1.63B-403.37M35.23M--148.06M267.51M-291.91M189.63M252.83M226.52M141.59M98.91M
Dividends Paid-47.18M1.00M7.29M24.81M36.12M40.56M47.75M87.95M118.45M159.18M0157.62M158.44M155.61M155.17M168.75M75.76M36.18M20.90M
FCF to OCF4016.92%-870.45%8698.86%-2925.69%-256.02%-816.19%-838.41%-79.81%-932.05%-177.87%12.02%--68.99%92.88%-96.65%60.23%68.43%97.53%85.99%81.76%
Dividend Paid to FCF--27.33%-13.06%-3.27%-30.21%-10.34%-11.64%-94.72%-5.40%-29.37%451.89%--106.46%59.23%-53.31%81.83%66.74%33.45%25.55%21.13%

Earnings

Report DateAug 10, 2010Nov 9, 2010Mar 15, 2011May 10, 2011Aug 10, 2011Nov 7, 2011Mar 8, 2012May 7, 2012Aug 6, 2012Nov 5, 2012Mar 6, 2013May 6, 2013Aug 5, 2013Nov 4, 2013Feb 26, 2014May 8, 2014Aug 5, 2014Nov 3, 2014Feb 26, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 16, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 15, 2018May 3, 2018Aug 1, 2018Nov 1, 2018Feb 14, 2019May 2, 2019Jul 31, 2019Oct 30, 2019Feb 20, 2020May 5, 2020Jul 29, 2020Oct 29, 2020Feb 17, 2021May 5, 2021Aug 3, 2021Oct 26, 2021Feb 16, 2022Apr 27, 2022Jul 26, 2022Nov 2, 2022Feb 8, 2023May 8, 2023Aug 1, 2023Nov 1, 2023Feb 12, 2024May 1, 2024Aug 7, 2024Nov 12, 2024Feb 10, 2025May 7, 2025Aug 5, 2025Nov 5, 2025Feb 26, 2026May 7, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate-0.700.190.49-0.49-0.08-0.07-0.14-0.28-0.14-0.09-0.49-0.42-0.28-0.080.180.160.310.100.58-1.73-0.63-0.600.05-0.28-0.010.190.490.280.410.820.540.850.830.860.630.700.860.770.060.400.210.21-0.010.14-0.140.070.01-0.14-0.01-0.28-1.08-2.52-1.19-2.62-3.36-2.66-2.73-0.43-2.89-1.750.020.20-0.940.280.27
EPS Actual-0.81-0.07-0.03-0.77-0.49-0.40-0.10-0.56-0.87-0.42-0.13-0.64-0.71-0.650.010.140.350.77-0.031.75-1.96-0.28-0.490.030.060.140.350.980.140.491.470.510.600.620.730.590.422.660.620.070.17-0.28-0.160.030.12-0.060.41-0.13-0.15-0.15-0.63-0.98-1.82-1.89-4.90-2.50-2.22-2.97-1.18-3.71-2.870.040.21-0.820.35-
Surprise--110.00%-115.79%-257.14%0.00%-400.00%-42.86%-300.00%-210.71%-200.00%-44.44%-30.61%-69.05%-132.14%112.50%-22.22%118.75%148.39%-130.00%201.72%-13.29%55.56%18.33%-40.00%121.43%1500.00%84.21%100.00%-50.00%19.51%79.27%-5.56%-29.41%-25.30%-15.12%-6.35%-40.00%209.30%-19.48%16.67%-57.50%-233.33%-176.19%700.00%-14.29%57.14%485.71%-1400.00%-7.14%-1400.00%-125.00%9.26%27.78%-58.82%-87.02%25.60%16.54%-8.79%-171.26%-28.37%-64.00%100.00%5.00%12.77%25.00%-
Timing-After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap1.30B
Enterprise Value4.72B
Trailing P/E0.00
Forward P/E6.32
PEG Ratio6.93
Price / Sales1.60
Price / Book0.27
EPS-8.86
Book Value44.08
Revenue (TTM)812.79M
Gross Profit (TTM)400.23M
EBITDA317.06M
Profit Margin-67.88%
Operating Margin-5.95%
Return on Equity-17.25%
Return on Assets-0.01%
Shares Outstanding54.27M
Shares Float49.96M
Beta1.91
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 10 analystsTarget 16.82
  • Strong Buy
    2
  • Hold
    7
  • Strong Sell
    1

Ownership Breakdown

Institutions
123.28%
Insiders
2.51%
Retail / Other
0.00%

Top Institutional Holders

  • Cohen & Steers Inc
    9.85M18.15%
  • BlackRock Inc
    7.05M12.99%
  • Vanguard Portfolio Management, LLC
    2.85M5.26%
  • T. Rowe Price Investment Management,Inc.
    2.83M5.21%
  • Philosophy Capital Management LLC
    2.76M5.09%
  • Balyasny Asset Management LLC
    2.62M4.82%
  • Vanguard Capital Management, LLC
    2.38M4.39%
  • Principal Financial Group Inc
    2.21M4.07%
  • Valueworks LLC
    1.69M3.11%
  • Charles Schwab Investment Management Inc
    1.61M2.97%
  • State Street Corp
    1.59M2.93%
  • D. E. Shaw & Co LP
    1.57M2.90%
  • Wellington Management Company LLP
    1.54M2.83%
  • Geode Capital Management, LLC
    1.39M2.55%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    1.99M3.66%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.71M3.15%
  • T. Rowe Price Small-Cap Value
    1.48M2.72%
  • iShares Russell 2000 ETF
    1.39M2.56%
  • Cohen & Steers Real Estate Securities A
    1.14M2.09%
  • Cohen & Steers Instl Realty Shares
    1.10M2.03%

Dividends

20242×
0.35Jun 17, 20240.35Mar 15, 2024
20232×
0.88Jun 16, 20231.75Mar 17, 2023
20224×
1.75Dec 16, 20221.75Sep 16, 20221.75Jun 16, 20221.75Mar 18, 2022
20214×
1.75Dec 17, 20211.75Sep 17, 20211.75Jun 17, 20211.75Mar 18, 2021
20204×
1.75Dec 18, 20201.75Sep 17, 20201.75Jun 18, 20201.75Mar 19, 2020
20194×
1.75Dec 19, 20191.75Sep 19, 20191.75Jun 14, 20191.75Mar 15, 2019
20184×
1.75Dec 14, 20181.75Sep 17, 20181.75Jun 18, 20181.75Mar 16, 2018

Stock Splits

  • Dec 2, 20251:7