Hudson Pacific Properties Price, Forecast, Insider, Ratings, Fundamentals & Signals

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 dynamic tech and media tenants, today announced financial results for the first quarter 2024. "our office leasing momentum accelerated to start off the year, as we signed over 500,000 square feet of leases in the first quarter. leveraging our well-positioned portfolio and the strength of our platform, our team is executi.

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 the market closes on wednesday, may 1, 2024. the company will hold a conference call to discuss the results at 9:00 a.m. pt / 12:00 p.m. et on thursday, may 2, 2024. to participate by telephone, please dial (833) 470-1428 and enter passcode 651313. international callers s.

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 reinstated and declared a dividend for the first quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20. “hudson pacific's improved liquidity position, strengthened balance sheet and anticipated taxable income distribution requirements for.

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 victor coleman, chairman and chief executive officer, and other members of the company's senior management will participate in a roundtable discussion at citi's 2024 global property ceo conference on monday, march 4, 2024 at 11:00 a.m. et. the following is a link to the live, listen-only webcast of the discussion on the.

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.

U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.

While the top- and bottom-line numbers for Hudson Pacific (HPP) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while micro caps (-0.32%) saw yet another month in the red. 78.06% of REIT securities had a positive total return in March.

Hudson Pacific Properties has reinstated its suspended quarterly cash dividend. The REIT conducted $1 billion in asset sales in 2023 as higher office vacancies continue to pressure FFO. The leases for a third of HPP's office rent base come up for renewal over the next two years, with rents set to drop dramatically.

REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and micro caps (-6.98%). Only 50.64% of REIT securities had a positive total return in February.

Hudson Pacific missed FFO estimates in Q4 amid a bevy of industry headwinds. The company also issued light forward FFO guidance.

Hudson Pacific Properties, Inc. (HPP) Q4 2023 Earnings Call Transcript

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 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.

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.