Hudson Pacific Properties NYSE:HPP Investment and Valuation Insights

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Hudson Pacific Properties NYSE:HPP is a well-established real estate investment trust (REIT) that has been making waves in the market. It has a market capitalization of around $7.6 billion.

The company owns a diverse portfolio of office and media properties, including iconic buildings like the Sunset Gower Studios in Los Angeles. This portfolio is valued at approximately $7.4 billion.

Hudson Pacific Properties has a strong track record of delivering value to its shareholders, with a dividend yield of around 3.5% as of 2022.

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Financial Performance

Hudson Pacific Properties has experienced a significant fluctuation in its performance over the past year.

In just one week, the company's performance skyrocketed by 9.33%.

However, if we look at the bigger picture, the company's performance over the past six months has been quite dismal, with a decline of 36.31%.

Here's a brief overview of Hudson Pacific Properties' financial performance:

The company's current year performance is actually quite strong, with an increase of 8.25%.

Press Releases

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Hudson Pacific Properties has a strong track record of transparency in their financial communications.

In February 2024, the company released their fourth quarter financial results, which included a detailed breakdown of their earnings.

They also announced their 2024 dividend tax treatment, giving investors a clear understanding of how to proceed with their investments.

The company's press releases provide valuable insights into their financial performance, making it easier for investors to make informed decisions.

Here are some key dates related to Hudson Pacific Properties' press releases:

These press releases demonstrate Hudson Pacific Properties' commitment to keeping investors informed about their financial performance.

SIC Code

Hudson Pacific Properties has a SIC code of 67 and 672, which can be useful for investors and analysts looking into the company's financial performance.

Understanding SIC codes can help you quickly identify the industry and business operations of a company like Hudson Pacific Properties.

Knowing the SIC code for Hudson Pacific Properties is important for financial analysis and comparison with other companies in the same industry.

Stock Information

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Hudson Pacific Properties is a real estate investment trust serving dynamic tech and media tenants in global epicenters.

Their stock is trading at good value compared to peers and industry, making it an attractive option for investors.

Hudson Pacific Properties' current share price is $3.28, which is significantly lower than its 52-week high of $7.20.

The stock has experienced some volatility in the past year, with a 1-year change of -47.52%.

Here's a breakdown of the stock's performance over the past year:

The stock's beta is 1.32, indicating that it is more volatile than the overall market.

Valuation and News

Hudson Pacific Properties' valuation has seen significant fluctuations in recent years, with a capitalization of $463M in one instance, and a whopping $69.88B in another.

The company's P/E ratio is expected to be around -2.16x in 2025, and -2.01x in 2026, indicating a potential decrease in value over the next couple of years.

Hudson Pacific Properties' enterprise value has also varied greatly, ranging from $4.83B to $51.86B.

Here's a breakdown of the company's valuation metrics:

It's worth noting that the company's free-float is relatively high at 96.63%, indicating a strong level of liquidity.

Valuation

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Valuation is a crucial aspect of understanding a company's financial health. The P/E ratio, or price-to-earnings ratio, is a key metric that can indicate whether a stock is overvalued or undervalued.

The P/E ratio for Hudson Pacific Properties, Inc. is -2.16x in 2025 and -2.01x in 2026. These numbers suggest that the stock may be undervalued, but it's essential to consider other factors before making a decision.

Enterprise value is another important metric that can help investors gauge a company's worth. In 2025, the enterprise value for Hudson Pacific Properties, Inc. is $4.83B, and in 2026, it's $4.64B.

Here's a breakdown of the enterprise value for Hudson Pacific Properties, Inc. over the years:

The free-float, or the percentage of shares available for public trading, is also an essential factor to consider. In 2025, the free-float for Hudson Pacific Properties, Inc. is 96.63%.

The EV/Sales ratio, or enterprise value to sales ratio, can also provide insights into a company's valuation. In 2025, the EV/Sales ratio for Hudson Pacific Properties, Inc. is 5.88x, and in 2026, it's 5.64x.

Latest News

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Hudson Pacific Properties, Inc. recently reported their Q4 2024 earnings, which took place on February 20, 2025.

They provided financial guidance for the year 2025 on the same day, with the information classified as a corporate item (CI).

Hudson Pacific Properties, Inc. also closed a significant Los Angeles property sale for $46 million on January 23, 2025.

The sale involved an undisclosed buyer acquiring the non-core office property Maxwell, located in Los Angeles.

The sale price of $46 million was reported on January 22, 2025.

Hudson Pacific Properties, Inc. reported no damage from the Los Angeles wildfires on January 14, 2025.

Wedbush cut their price target on Hudson Pacific Properties to $3 from $4.50 and kept a neutral rating on January 2, 2025.

Hudson Pacific Properties, Inc. closed a $24.8 million sale of a Palo Alto office property on December 11, 2024.

An undisclosed buyer acquired the Palo Alto office property from Hudson Pacific Properties, Inc. for $24.8 million on December 10, 2024.

Here's a summary of the major announcements from Hudson Pacific Properties, Inc. in the past few months:

Analysts' Recommendations

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Hudson Pacific Properties has received a series of downgrades from various analysts. Wedbush cut its price target to $3 from $4.50, while keeping a neutral rating.

Jefferies downgraded the company to Hold from Buy, trimming its price target to $5 from $5.50. This is a significant change from the previous recommendation.

Wolfe Research also downgraded Hudson Pacific Properties, moving its rating to Peer Perform from Outperform. This downgrade occurred on August 24.

Piper Sandler downgraded the company to Neutral from Overweight, adjusting its price target to $6 from $7. This change was also made on August 24.

BMO Capital downgraded Hudson Pacific Properties to Market Perform from Outperform, adjusting its price target to $6 from $8. This downgrade occurred on the same day as Piper Sandler's.

Here is a summary of the downgrades:

Competitors and Market

Hudson Pacific Properties has a strong presence in the West Coast of the United States, with a significant market share in the Los Angeles and San Francisco areas.

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The company's focus on office and creative properties has helped it stand out in a competitive market, with a portfolio that includes iconic buildings like the Sunset Bronson Studios and the historic Paramount Pictures lot.

Its main competitors in the West Coast market include Kilroy Realty and Douglas Emmett, which also have significant holdings in the Los Angeles and San Francisco areas.

Competitors

Let's take a look at our competitors in the market. Amazon is a major player, with a global market share of 34% in the e-commerce industry.

Their business model is built around offering a wide selection of products, often at competitive prices.

In contrast, Walmart's market share is around 6%, but they're still a significant force in the retail industry.

Their focus on low prices and efficient logistics has allowed them to maintain a strong presence despite the rise of e-commerce.

Palo Alto Office Campus $126 Psf

The Palo Alto office campus is being sold for a whopping $126 per square foot, a figure that could reset the local office market. This sale is a significant one, with the campus being sold for $23 million.

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The buyer's identity remains undisclosed, but the sale is expected to be finalized. Hudson Pacific Properties, the seller, has a contract in place to transfer the property.

The campus, known as the Foothill Research Center, spans 182,700 square feet and has four buildings. It's located in the Stanford Research Park, according to LoopNet.

Google, a major tenant at the campus, has a lease that's set to expire in February. It's unclear if the tech giant plans to renew its lease.

Earnings and Transcripts

Hudson Pacific Properties regularly releases earnings transcripts for investors and analysts to review. These transcripts provide valuable insights into the company's financial performance.

The transcripts are usually available for specific periods, such as the end of a quarter. For example, the HPP earnings call for the period ending September 30, 2021, is a publicly available document.

You can find transcripts for various quarters, including Q2 and Q1. Hudson Pacific Properties Inc (HPP) Q2 2021 Earnings Call Transcript is another example of a publicly available document.

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Stock Price and Returns

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Hudson Pacific Properties has seen its share price fluctuate significantly over the past year. The current share price is $3.28, which is a 4.79% increase from last month, but a 47.52% decrease from this time last year.

Their 52-week high was $7.20, while the 52-week low was $2.39. This large price swing is a red flag for investors.

HPP's beta is 1.32, indicating that the stock is more volatile than the average stock. This means that it's likely to experience bigger price swings than other stocks.

In the past year, Hudson Pacific Properties has underperformed the US Office REITs industry, which returned 10.9%. It has also underperformed the US Market, which returned 15.4%.

Here's a summary of Hudson Pacific Properties' performance compared to the S&P:

HPP's returns are significantly lower than the S&P's returns, indicating a substantial underperformance.

Frequently Asked Questions

Who owns Hudson Pacific Properties?

Hudson Pacific Properties was founded by Victor J. Coleman and is a publicly traded company. It was previously known as Hudson Capital, which was reformed in 2009.

What does Hudson Pacific Properties do?

Hudson Pacific Properties provides workspaces and services to the tech, media, and entertainment industries, including office and studio properties, leasing, and capital management. They offer a range of solutions for businesses and investors in the sector.

Is Hudson Pacific Properties a buy or sell stock?

Based on analyst consensus, Hudson Pacific Properties is currently a "Reduce" stock, with 2 sell ratings and 8 hold ratings out of 10 recommendations. If you're considering investing, it's worth exploring the latest analyst opinions and market trends for a more informed decision.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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