Hudson Pacific Properties, Inc. (HPP): A Bear Case Theory [Yahoo! Finance]
Hudson Pacific Properties, Inc. (HPP)
Last hudson pacific properties, inc. earnings: 2/20 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
hudsonpacificproperties.com
Company Research
Source: Yahoo! Finance
A prestigious office building, showcasing the diversified real estate portfolio. Hudson Pacific Properties (HPP), an over-leveraged office REIT with a $643 million market cap, is struggling with several challenges, particularly its heavy exposure to the San Francisco Bay Area. HPP's stock has plummeted from $25 in early 2022 to $4.74 today, yet the downside risk remains high due to valuation concerns, including a 6.2% implied cap rate and a meagre 4.2% dividend yield. The company's portfolio consists primarily of Class A office properties, with key tenants in the technology sector, contributing significantly to its NOI. However, the “tech-exodus,” driven by the remote work revolution and high-profile layoffs, has devastated the Bay Area office market, pushing vacancy rates from 6% in 2019 to a record high of 36%. HPP's financial metrics paint a troubling picture. Its enterprise value is $5.9 billion, with investments in real estate valued at $6.6 billion across 51 properties. Des
Show less
Read more
Impact Snapshot
Event Time:
HPP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HPP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HPP alerts
High impacting Hudson Pacific Properties, Inc. news events
Weekly update
A roundup of the hottest topics
HPP
News
- Crash! Hudson Pacific Properties Suspends Its Common Stock Dividend [Yahoo! Finance]Yahoo! Finance
- Hudson Pacific Properties, Inc. (NYSE: HPP) had its price target lowered by analysts at Wells Fargo & Company from $5.00 to $4.50. They now have an "equal weight" rating on the stock.MarketBeat
- Hudson Pacific Properties suspends common stock dividend [Seeking Alpha]Seeking Alpha
- Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock DividendBusiness Wire
- Hudson Pacific Properties: The Preferreds Have Dipped, But I'm Not Buying [Seeking Alpha]Seeking Alpha
HPP
Earnings
- 8/7/24 - Miss
HPP
Sec Filings
- 9/4/24 - Form 4
- 8/7/24 - Form 8-K
- HPP's page on the SEC website