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Real Estate - REIT - Office - NYSE - US
$ 2.39
-7.36 %
$ 338 M
Market Cap
-0.93
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HPP stock under the worst case scenario is HIDDEN Compared to the current market price of 2.39 USD, Hudson Pacific Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HPP stock under the base case scenario is HIDDEN Compared to the current market price of 2.39 USD, Hudson Pacific Properties, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HPP stock under the best case scenario is HIDDEN Compared to the current market price of 2.39 USD, Hudson Pacific Properties, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HPP

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$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
842 M REVENUE
-11.57%
-355 M OPERATING INCOME
-10565.40%
-381 M NET INCOME
-122.55%
165 M OPERATING CASH FLOW
-29.11%
-251 M INVESTING CASH FLOW
-53.55%
65.9 M FINANCING CASH FLOW
107.60%
210 M REVENUE
25.59%
0 OPERATING INCOME
0.00%
-173 M NET INCOME
-62.11%
162 K OPERATING CASH FLOW
-99.75%
-54.8 M INVESTING CASH FLOW
26.69%
39.9 M FINANCING CASH FLOW
19.15%
Balance Sheet Hudson Pacific Properties, Inc.
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Current Assets 409 M
Cash & Short-Term Investments 63.3 M
Receivables 214 M
Other Current Assets 131 M
Non-Current Assets 7.72 B
Long-Term Investments 272 M
PP&E 498 M
Other Non-Current Assets 6.95 B
3.34 %6.12 %85.51 %Total Assets$8.1b
Current Liabilities 380 M
Accounts Payable 0
Short-Term Debt 380 M
Other Current Liabilities 0
Non-Current Liabilities 4.57 B
Long-Term Debt 0
Other Non-Current Liabilities 4.57 B
7.67 %92.33 %Total Liabilities$5.0b
EFFICIENCY
Earnings Waterfall Hudson Pacific Properties, Inc.
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Revenue 842 M
Cost Of Revenue 454 M
Gross Profit 388 M
Operating Expenses 388 M
Operating Income -355 M
Other Expenses 26.6 M
Net Income -381 M
1b1b800m800m600m600m400m400m200m200m00(200m)(200m)(400m)(400m)842m(454m)388m(388m)(355m)(27m)(381m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
46.08% GROSS MARGIN
46.08%
-42.13% OPERATING MARGIN
-42.13%
-43.24% NET MARGIN
-43.24%
-12.75% ROE
-12.75%
-4.48% ROA
-4.48%
-4.38% ROIC
-4.38%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hudson Pacific Properties, Inc.
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400m400m200m200m00(200m)(200m)(400m)(400m)(600m)(600m)(800m)(800m)(1b)(1b)(1b)(1b)(1b)(1b)(2b)(2b)(2b)(2b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -381 M
Depreciation & Amortization 352 M
Capital Expenditures -23.1 M
Stock-Based Compensation 26 M
Change in Working Capital -25.7 M
Others 153 M
Free Cash Flow 142 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hudson Pacific Properties, Inc.
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Wall Street analysts predict an average 1-year price target for HPP of $5.59 , with forecasts ranging from a low of $2.7 to a high of $11 .
HPP Lowest Price Target Wall Street Target
2.7 USD 12.97%
HPP Average Price Target Wall Street Target
5.59 USD 133.79%
HPP Highest Price Target Wall Street Target
11 USD 360.25%
Price
Max Price Target
Min Price Target
Average Price Target
111110109988776655443322May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.25% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.1250.20.250.250.250.250.250.250.250.050.1250.20.250.250.250.250.250.250.1250.050.1250.20.250.250.250.250.250.250.20.580.20.800.251.000.251.000.251.000.251.000.251.000.251.000.380.1020152015201620162017201720182018201920192020202020212021202220222023202320242024
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Hudson Pacific Properties, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
97.7 K USD 2
9-12 MONTHS
1.25 M USD 1
Bought
0 USD 0
0-3 MONTHS
320 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
105 K USD 5
9-12 MONTHS
7. News
Hudson Pacific Completes $475 Million CMBS Financing 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 completion of a commercial mortgage-backed securities (“CMBS”) financing for a portfolio of six office properties with total gross proceeds of $475 million. The portfolio, which comprises assets located throughout the company's west coast markets, includes 11601 Wilshire, Element LA, 450 Alaskan, 5th & Bell, 275 Bran. businesswire.com - 2 weeks ago
Hudson Pacific Properties Announces Date for First Quarter Earnings Release and Conference Call 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 first quarter financial results after market close on Wednesday, May 7, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPaci. businesswire.com - 3 weeks ago
The State Of REITs: March 2025 Edition REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0.98%) performed well in February while micro caps (-1.55%) continued to badly underperform their larger peers. 64.97% of REIT securities had a positive total in February. seekingalpha.com - 4 weeks ago
Winners Of REIT Earnings Season In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024. seekingalpha.com - 1 month ago
5 REITs Ripe For Buyout M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REITs trading below NAV, especially in hot asset classes, are prime M&A candidates. Willingness to sell, management incentives, and operational synergies are crucial factors in determining a company's likelihood of being acquired. seekingalpha.com - 1 month ago
Hudson Pacific Properties: Stick A Fork In It Hudson Pacific Properties Inc. reported Q4-2024 results and showed a big drop in NOI for the year. Q4-2024 results show a drop in FFO to 11 cents and AFFO to 2 cents per share, with debt to EBITDA rising to 11.1X. Guidance for 2025 indicates another massive decline in same property NOI. seekingalpha.com - 1 month ago
Hudson Pacific Properties, Inc. (HPP) Q4 2024 Earnings Call Transcript Hudson Pacific Properties, Inc. (NYSE:HPP ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Laura Campbell - Executive Vice President, Investor Relations & Marketing Victor Coleman - Chairman & Chief Executive Officer Mark Lammas - President Harout Diramerian - Chief Financial Officer Art Suazo - Executive Vice President, Leasing Conference Call Participants Tom Catherwood - BTIG Michael Griffin - Citi Blaine Heck - Wells Fargo Connor Mitchell - Piper Sandler Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Dylan Burzinski - Green Street Rich Anderson - Wedbush John Kim - BMO Capital Markets Operator Good afternoon. My name is Cameron and I will be your conference operator today. seekingalpha.com - 1 month ago
Hudson Pacific (HPP) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Hudson Pacific (HPP) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
Hudson Pacific Properties (HPP) Q4 FFO and Revenues Beat Estimates Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to FFO of $0.14 per share a year ago. zacks.com - 1 month ago
Hudson Pacific Properties Reports Fourth Quarter 2024 Financial Results 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 2024. Victor Coleman, Chairman and CEO, stated, "In 2024, we ended the year with office leasing nearly 20% higher compared to the prior year, comprised of more than 2.0 million square feet of activity. Importantly, our leasing pipeline is cu. businesswire.com - 1 month ago
Unlocking Q4 Potential of Hudson Pacific (HPP): Exploring Wall Street Estimates for Key Metrics Beyond analysts' top -and-bottom-line estimates for Hudson Pacific (HPP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. zacks.com - 2 months ago
Hudson Pacific: Buying Opportunity After Stock Retraced Hudson Pacific Properties has secured agreements with major corporations like Google and Amazon, indicating strong potential for future deals and positive cash flow growth. Despite recent earnings misses, HPP's diversified high-barrier market strategy and asset sales are expected to reduce debt and enhance stock value. The company's share repurchase program and significant asset sales could lead to higher stock valuations, making HPP an attractive buy. seekingalpha.com - 2 months ago
8. Profile Summary

Hudson Pacific Properties, Inc. HPP

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 338 M
Dividend Yield 1.25%
Description Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.
Contact 11601 Wilshire Boulevard, Los Angeles, CA, 90025 https://www.hudsonpacificproperties.com
IPO Date June 24, 2010
Employees 740
Officers Mr. Arthur X. Suazo Executive Vice President of Leasing Ms. Laura Campbell Executive Vice President of Investor Relations & Marketing Ms. Kay Lee Tidwell J.D. Executive Vice President, General Counsel, Secretary & Chief Risk Officer Mr. Steven M. Jaffe J.D. Executive Vice President of Business Affairs Mr. Drew B. Gordon Chief Investment Officer Mr. Andy Wattula Chief Operating Officer Ms. Eunice Wong Senior Vice President of Accounting Mr. Harout Krikor Diramerian Chief Financial Officer Mr. Victor J. Coleman Chairman & Chief Executive Officer Mr. Mark T. Lammas President & Treasurer