| An Identifiable Inflection Point For REITs |
Dividend cut announcements trigger sharp REIT sell-offs, regardless of whether cuts are forced by trouble or are responsible capital allocation decisions. I consistently find opportunity in buying REITs after responsible dividend cuts, as the market often overreacts despite strong underlying fundamentals. Historical examples like WPC, BRX, KIM, WSR, and GOOD show significant price recovery after responsible cuts, offering attractive entry points for investors. |
seekingalpha.com |
2025-05-15 06:15:05 |
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| Hudson Pacific: 14% On Bonds Beats The Preferreds By A Mile |
We have rated HPP a sell since January 2024. The recent quarter once again validated the thesis. If you want to chase yield, go for the bonds where we think recovery to current price is possible in the best-case scenario. |
seekingalpha.com |
2025-05-08 15:57:42 |
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| Hudson Pacific Properties, Inc. (HPP) Q1 2025 Earnings Call Transcript |
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - Chairman & CEO Mark Lammas - President Harout Diramerian - CFO Arthur Suazo - EVP, Leasing Conference Call Participants Seth Bergey - Citigroup John Kim - BMO Capital Markets Connor Mitchell - Piper Sandler Tom Catherwood - BTIG Young Ku - Wells Fargo Peter Abramowitz - Jefferies Operator Good afternoon. My name is Alex, and I will be your conference operator for today. |
seekingalpha.com |
2025-05-08 10:09:14 |
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| Here's What Key Metrics Tell Us About Hudson Pacific (HPP) Q1 Earnings |
Although the revenue and EPS for Hudson Pacific (HPP) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-08 01:00:37 |
Czytaj oryginał (ang.) |
| Hudson Pacific Properties (HPP) Beats Q1 FFO Estimates |
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to FFO of $0.17 per share a year ago. |
zacks.com |
2025-05-07 23:55:32 |
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| Hudson Pacific Properties: Beware The Perceived Discount |
Hudson Pacific Properties (HPP) appears heavily discounted at 30% of NAV, but high leverage changes the math. An 18% decline in asset value could wipe out common shares, highlighting the risk despite the apparent discount. Investment success hinges on a fundamental turnaround in HPP's office assets, not just the current low stock price. |
seekingalpha.com |
2025-05-06 22:06:53 |
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| 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 |
2025-03-31 13:00:00 |
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| 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 |
2025-03-26 11:00:00 |
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| 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 |
2025-03-21 13:41:20 |
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| 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 |
2025-03-06 11:00:00 |
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| 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 |
2025-02-27 20:00:30 |
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| 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 |
2025-02-21 03:05:50 |
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| 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 |
2025-02-20 23:33:23 |
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| 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 |
2025-02-20 22:00:19 |
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| 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 |
2025-02-20 21:16:29 |
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| 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 |
2025-02-20 18:05:00 |
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| 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 |
2025-02-17 12:21:13 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-06 13:22:50 |
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| Hudson Pacific Properties Announces 2024 Dividend Tax Treatment |
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 the tax treatment for its 2024 common stock and preferred stock dividends. The Company's dividends related to its common stock (CUSIP #444097109) will be classified for United States federal income tax purposes as follows: Ordinary Dividends Record Date Payment Date Distribution Per Share Total No. |
businesswire.com |
2025-01-31 18:05:00 |
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| The End Of An Era |
U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment. |
seekingalpha.com |
2025-01-19 12:00:00 |
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| Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires |
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, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational. “Los Angeles is a city of unmatched innovation, creativity and resilience,” said Victor Coleman, Chairman and CEO. “Our employees are safe and our assets unharmed, but the losses suffered by our colleagu. |
businesswire.com |
2025-01-14 19:00:00 |
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| Fire And Ice |
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025. |
seekingalpha.com |
2025-01-12 11:00:00 |
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| PMG CEO Kevin Maloney on the state of commercial real estate |
Kevin Maloney, founder and CEO at PMG, joins CNBC's ‘The Exchange' to discuss his 2025 commercial real estate outlooks, top real estate trends to watch, and more. |
youtube.com |
2024-12-26 16:33:30 |
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| Fed Ahead |
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019. |
seekingalpha.com |
2024-12-15 11:00:00 |
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| Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 |
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. |
prnewswire.com |
2024-12-06 20:29:00 |
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| Hudson Pacific: Ignore The Noise, Stay With The Trend |
Our sell rating on Hudson Pacific Properties, Inc. in August has proven accurate due to significant issues plaguing this office properties REIT. Occupancy is below 80%, FFO has declined drastically, and debt to EBITDA has continued moving up. We look at the Q3-2024 numbers and tell you why the trend is still your friend. |
seekingalpha.com |
2024-11-22 13:08:14 |
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| Hudson Pacific Properties: I'm Still Not Buying The Preferreds |
Hudson Pacific Properties suspended its common shareholder dividend due to rising vacancy rates and weak demand for studio space post-2023 Hollywood strikes. HPP's Q3 2024 revenue dropped 13.4% year-over-year, missing estimates by $12.7 million, while FFO fell to $0.11 per share. The Company faces significant debt maturities, with $600 million due in 2025 and $976 million in 2026, amid a challenging San Francisco office market. |
seekingalpha.com |
2024-11-20 08:11:12 |
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| Firming Inflation Fizzles Optimism |
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueling bets that the Federal Reserve may have to slow the pace of policy easing, the Consumer Price Index and Producer Price Index each posted fractional upside surprises in October. After surging nearly 5% last week en route to fresh record highs, the S&P 500 dipped 2.1% on the week, with healthcare and technology stocks under particularly sharp pressure. |
seekingalpha.com |
2024-11-17 11:00:00 |
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| Hudson Pacific Properties: This Duckling REIT Is Ready To Fly |
Hudson Pacific Properties has faced significant challenges, particularly in its office and studio segments, but its current valuation presents an attractive risk-reward proposition for patient investors. The company's portfolio of Class A office properties, primarily in Coastal markets, is showing signs of recovery with increasing leasing activity and stable rent economics. The studio business, despite current underperformance, has potential for substantial NOI growth, especially with the proposed expansion of California's film tax credit program. |
seekingalpha.com |
2024-11-16 12:00:00 |
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| Hudson Pacific Properties, Inc. (HPP) Q3 2024 Earnings Call Transcript |
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Laura Campbell – Executive Vice President-Investor Relations and Marketing Victor Coleman – Chief Executive Officer and Chairman Mark Lammas – President Harout Diramerian – Chief Financial Officer Art Suazo – Executive Vice President of Leasing Conference Call Participants Blaine Heck – Wells Fargo Alexander Goldfarb – Piper Sandler Michael Griffin – Citi Caitlin Burrows – Goldman Sachs John Kim – BMO Rich Anderson – Wedbush Tom Catherwood – BTIG Dylan Burzinski – Green Street Ronald Kamdem – Morgan Stanley Operator Good afternoon, my name is Ciara and I will be your conference operator today. At this time, I would like to welcome everyone to Hudson Pacific Properties' Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-11-12 23:36:15 |
Czytaj oryginał (ang.) |
| Hudson Pacific (HPP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Hudson Pacific (HPP) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-12 21:31:29 |
Czytaj oryginał (ang.) |
| Hudson Pacific Properties (HPP) Q3 FFO and Revenues Miss Estimates |
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.18 per share a year ago. |
zacks.com |
2024-11-12 21:00:32 |
Czytaj oryginał (ang.) |
| Countdown to Hudson Pacific (HPP) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS |
Get a deeper insight into the potential performance of Hudson Pacific (HPP) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2024-11-08 12:21:11 |
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| Be Bio Announces $82 Million Financing and Transition to Clinical Stage Company |
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Be Biopharma, Inc. (“Be Bio” or “the Company”), a leader in the discovery and development of engineered B Cell Medicines (BCMs), today announced key milestones alongside a new round of funding as its lead program, BE-101 for Hemophilia B, enters the clinic, and its second development candidate for Hypophosphatasia is unveiled. Both programs are built on Be Bio's powerful and efficient BCM platform, which utilizes gene editing to engineer B cells to produce sus. |
businesswire.com |
2024-10-22 16:00:00 |
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| The State Of REITs: October 2024 Edition |
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September. |
seekingalpha.com |
2024-10-19 07:39:23 |
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| U.S. REITs Log Dip In Short Interest In September |
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the office sector remained the most-shorted at 5.3% of shares outstanding. Wheeler Real Estate Investment Trust logged the largest increase in short interest, up 16 percentage points to 32.4% of shares outstanding. |
seekingalpha.com |
2024-10-16 11:10:00 |
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| 'The Big Short' Michael Burry Buys Real Estate And Chinese Tech |
Michael Burry is one of the best investors of our time. Just recently, he heavily invested in an office REIT. We review this investment and share our thoughts on it. |
seekingalpha.com |
2024-10-12 13:00:00 |
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| Hudson Pacific Properties Announces Date for Third 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 third quarter financial results after market close on Tuesday, November 12, 2024. 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 Hudson. |
businesswire.com |
2024-10-01 13:00:00 |
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| Animal Spirits Awaken |
U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement. |
seekingalpha.com |
2024-09-29 13:00:00 |
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| Fed Ahead |
Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years. |
seekingalpha.com |
2024-09-15 13:00:00 |
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| This REIT dropped its dividend again. The Hollywood strikes are still causing pain. |
Hudson Pacific Properties' stock sank Tuesday after the real-estate investment trust suspended its dividend, as the company continues to struggle nearly a year after the Hollywood writers and actors strikes ended. |
marketwatch.com |
2024-09-10 16:06:00 |
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| Hudson Pacific Properties: The Preferreds Have Dipped, But I'm Not Buying |
Hudson Pacific Properties has faced headwinds from rising office vacancy in the San Francisco Bay Area. The Series C Preferreds currently offer a 9.3% yield on cost and are trading at a reasonable discount to their liquidation value. HPP faces a $600 million debt maturity due next year and $952.8 million in 2026 as leases covering 18.9% of its rent are set to expire next year. |
seekingalpha.com |
2024-09-04 21:49:34 |
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