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Hudson Pacific Properties Inc (HPP) |
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Price: $5.9100
$0.16 
2.783%
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| Day's High:
| $6.185
| Week Perf:
| 11.93 %
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| Day's Low: |
$ 5.81 |
30 Day Perf: |
29.89 % |
| Volume (M): |
3,276 |
52 Wk High: |
$ 12.23 |
| Volume (M$): |
$ 19,361 |
52 Wk Avg: |
$6.82 |
| Open: |
$5.83 |
52 Wk Low: |
$4.05 |
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| Market Capitalization (Millions $) |
833 |
| Shares
Outstanding (Millions) |
141 |
| Employees |
534 |
| Revenues (TTM) (Millions $) |
999 |
| Net Income (TTM) (Millions $) |
-88 |
| Cash Flow (TTM) (Millions $) |
-110 |
| Capital Exp. (TTM) (Millions $) |
326 |
Hudson Pacific Properties Inc
Hudson Pacific Properties Inc. (HPP) is a real estate investment trust (REIT) based in Los Angeles, California, that focuses on acquiring, developing, and operating office and studio properties in coastal markets in the United States. The company was founded in 2006 by Victor Coleman, a veteran real estate executive, and its current CEO is Mark Lammas. HPP operates in both Northern and Southern California as well as in the Pacific Northwest.
HPP has a diverse portfolio of properties, including office buildings, studios, and media-related properties. The company's portfolio includes properties like 333 Market Street, a Class A office tower in the heart of San Francisco's Financial District, and Sunset Bronson Studios, a state-of-the-art production facility in Hollywood. HPP's assets are primarily concentrated in high-growth, high-barrier-to-entry markets that are characterized by strong job and population growth and high demand for premium office and studio space.
HPP's investment strategy is grounded in a focus on creating value through a combination of capitalizing on market inefficiencies, unlocking development potential, and leveraging its deep industry relationships. The company has a strong track record of executing complex redevelopment and renovation projects and has an experienced in-house team of professionals with expertise in all aspects of real estate development, from design and construction to leasing and property management.
In addition to its focus on high-quality properties, HPP is also committed to sustainable and environmentally responsible business practices. The company has implemented a variety of green initiatives across its portfolio, including the installation of solar panels, the use of energy-efficient lighting, and the implementation of water-saving measures. This commitment to sustainability has earned HPP recognition as a leader in ESG (Environmental, Social, and Governance) practices within the real estate industry.
Overall, Hudson Pacific Properties Inc. is a well-respected real estate investment trust with a strong presence in the high-growth, high-demand coastal markets of California and the Pacific Northwest. With a focus on creating value through a combination of market inefficiencies, development potential, and strong relationships, as well as a commitment to sustainable business practices, HPP is well-positioned for long-term success.
Company Address: 11601 Wilshire Blvd., Ninth Floor Los Angeles 90025 CA
Company Phone Number: 445-5700 Stock Exchange / Ticker: NYSE HPP
| HPP is expected to report next financial results on February 09, 2024. |
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| Stock Performances by Major Competitors |
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Hubilu Venture Corporation
Hubilu Venture Corporation (HBUV) has released its financial report for the interval closing on September 30, 2023. Despite being the only company in the Real Estate Operations industry to thrive, HBUV has achieved a zero gain of $0.00 per share, compared to the previous year's $0.00 per share and $0.00 per share from the previous reporting season.
Revenue Growth:
HBUV's revenue witnessed a significant increase, surging by 32.098% to $0.47 million from $0.36 million in the same reporting season a year before. Sequentially, revenue advanced by 11.032% from $0.43 million.
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Silver Star Properties Reit Inc
In the fiscal third quarter of 2023, Silver Star Properties REIT Inc witnessed a remarkable turnaround, with significant improvements in profitability, earnings per share (EPS), and a decline in accounts receivable. While the company experienced a decline in revenue, its strong financial performance raises optimism about its future prospects. Let's delve deeper into the financial results to understand how these developments might impact the company moving forward.
1. Positive Profitability and Rapid EPS Growth:
Silver Star Properties REIT Inc achieved a significant milestone in the third quarter of fiscal year 2023, as profitability turned positive at $1,960.00 per share compared to a loss of $0.16 per share in the previous year. This improvement signifies a change in the company's operational efficiency and cost management strategies. Moreover, EPS grew exponentially by 3,919,900%, reaching $0.05 per share from the prior reporting season. This remarkable growth indicates the company's effective utilization of its available resources.
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Alpha Investment Inc
In the Real Estate Operations industry, the spotlight has often been on the large companies. However, there are a few lesser-known businesses that are making waves with their recent financial performance. Alpha Investment Inc, one such emerging growth corporation, has reported its operating loss for the third quarter of 2023, amounting to $-0.069365 million.
What stands out in this report is the company's ability to conduct business more cost-effectively than in the previous year. In the third quarter of 2022, Alpha Investment Inc had recorded an operating loss of $-0.116716 million. However, over the financial interval closing on September 30, 2023, the company managed to operate the General and Administrative (GOBA) expenses in a more efficient manner, resulting in a reduced deficit of $-0.086 million.
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Forestar Group Inc
Investors in the stock market have reason to celebrate as the Real Estate Operations company, Forestar Group Inc, recently announced impressive earnings for the fourth quarter of 2023. In a surprising turn of events, the company reported a remarkable 44.153% increase in revenue, totaling an impressive $549.80 million. Furthermore, the profit per share saw a substantial jump of 40.27% to $1.43 per share, year on year.
What sets Forestar Group Inc apart from its peers in the Real Estate Operations sector is its ability to defy industry trends, showcasing a surge in its top-line growth. While many of its competitors experienced revenue contractions over the same period, Forestar Group Inc managed to buck the trend, delivering outstanding results.
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Altisource Asset Management Corporation
Altisource Asset Management Corporation (AAMC) is a company that experienced a significant loss per share in its fiscal three months ending September 30, 2023. The reported loss per share was $-4.52, which is an increase from $-2.24 per share in the same quarter a year ago. In the previous quarter, the company realized a loss of $-2.16 per share. This resulted in a net loss of $-13.470 million for the third quarter of 2023, compared to a net loss of $-3.986 million in the same quarter last year.
The decline in AAMC's earnings and the increase in losses per share have caught the attention of analysts and investors. The level of accounts receivable has also decreased to $28.1 million, leading some analysts to believe that this is due to slowing demand for the company's services.
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| Per Share |
Current |
| Earnings (TTM) |
-0.76 $ |
| Revenues (TTM) |
7.09 $
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| Cash Flow (TTM) |
- |
| Cash |
0.53 $
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| Book Value |
25.55 $
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| Dividend (TTM) |
0.89 $ |
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| Per Share |
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| Earnings (TTM) |
-0.76 $
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| Revenues (TTM) |
7.09 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.53 $
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| Book Value |
25.55 $ |
| Dividend (TTM) |
0.89 $ |
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