Announcement • Apr 30
Hudson Pacific Properties, Inc.'s Quixote Commences Phased Wind-Down of Leased Sound Stage Facilities and Atlanta-Area Operations Hudson Pacific Properties, Inc. announced that its Quixote subsidiaries will commence the phased wind-down of leased sound stage facilities and Atlanta-area operations, along with other ongoing cost optimization efforts. Select equipment assets are expected to be redeployed from Atlanta to Los Angeles and New York where Quixote’s fleet, lighting and grip, production supplies and communications rental services will continue. These actions, which will take place over the coming quarters to minimize disruption for Quixote clients, represent another approximately $21-$27 million in potential annualized cost savings. Announcement • Apr 24
Hudson Pacific Properties, Inc., Annual General Meeting, May 28, 2026 Hudson Pacific Properties, Inc., Annual General Meeting, May 28, 2026. Location: 11601 wilshire boulevard, ninth floor, california 90025, los angeles United States Recent Insider Transactions • Apr 07
Director recently bought US$96k worth of stock On the 30th of March, Thomas Ferguson bought around 16k shares on-market at roughly US$5.97 per share. This transaction increased Thomas' direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Price Target Changed • Mar 31
Price target decreased by 7.5% to US$12.34 Down from US$13.34, the current price target is an average from 11 analysts. New target price is 109% above last closing price of US$5.91. Stock is down 71% over the past year. The company is forecast to post a net loss per share of US$3.47 next year compared to a net loss per share of US$12.81 last year. Price Target Changed • Mar 27
Price target decreased by 7.8% to US$12.88 Down from US$13.97, the current price target is an average from 11 analysts. New target price is 130% above last closing price of US$5.60. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$3.52 next year compared to a net loss per share of US$12.81 last year. Announcement • Mar 26
Hudson Pacific Properties, Inc. to Report Q1, 2026 Results on May 07, 2026 Hudson Pacific Properties, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Buy Or Sell Opportunity • Mar 23
Now 23% overvalued Over the last 90 days, the stock has fallen 43% to US$5.89. The fair value is estimated to be US$4.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to decline by 5.7% in 2 years. Earnings are forecast to grow by 60% in the next 2 years. New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (165% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$228m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Feb 27
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: US$12.81 loss per share. Revenue: US$831.1m (flat on FY 2024). Net loss: US$572.2m (loss widened 57% from FY 2024). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is expected to decline by 2.6% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.2%. Buy Or Sell Opportunity • Feb 24
Now 24% overvalued Over the last 90 days, the stock has fallen 54% to US$6.28. The fair value is estimated to be US$5.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 0.6% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Price Target Changed • Jan 29
Price target decreased by 12% to US$14.34 Down from US$16.25, the current price target is an average from 8 analysts. New target price is 61% above last closing price of US$8.88. Stock is down 59% over the past year. The company is forecast to post a net loss per share of US$7.34 next year compared to a net loss per share of US$18.05 last year. Announcement • Jan 15
Hudson Pacific Properties, Inc. to Report Q4, 2025 Results on Feb 26, 2026 Hudson Pacific Properties, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 26, 2026 Price Target Changed • Jan 07
Price target decreased by 10% to US$16.20 Down from US$18.00, the current price target is an average from 5 analysts. New target price is 59% above last closing price of US$10.20. Stock is down 46% over the past year. The company is forecast to post a net loss per share of US$7.10 next year compared to a net loss per share of US$18.05 last year. Price Target Changed • Jan 02
Price target increased by 15% to US$20.67 Up from US$18.00, the current price target is an average from 3 analysts. New target price is 84% above last closing price of US$11.24. Stock is down 45% over the past year. The company is forecast to post a net loss per share of US$7.10 next year compared to a net loss per share of US$18.05 last year. Board Change • Jan 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jon Bortz was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Dec 24
Consensus revenue estimates decrease by 18%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$762.0m to US$627.0m. EPS estimate increased from -US$8.17 to -US$7.10 per share. Office REITs industry in the US expected to see average net income decline 1.0% next year. Consensus price target down from US$19.91 to US$18.00. Share price fell 6.7% to US$10.27 over the past week. Price Target Changed • Dec 22
Price target decreased by 8.6% to US$18.81 Down from US$20.58, the current price target is an average from 12 analysts. New target price is 83% above last closing price of US$10.26. Stock is down 49% over the past year. The company is forecast to post a net loss per share of US$7.40 next year compared to a net loss per share of US$18.05 last year. Announcement • Dec 03
Hudson Pacific Properties Announces Board and Committees Changes, Effective December 2, 2025 Hudson Pacific Properties, Inc. announced that on December 2, 2025, Mr. Jonathan Glaser notified the board of directors of Hudson Pacific Properties, Inc. of his resignation from the Board after 15 years of service, effective immediately, due to his desire to devote more of his time to other professional commitments. In tendering his resignation, Mr. Glaser expressed no disagreement with the Company. On December 2, 2025, the Board voted to appoint Mr. Jon Bortz as Mr. Glaser’s successor, effective immediately. Mr. Bortz will serve on the Audit and Compensation Committees of the Board, also succeeding Mr. Glaser in those roles. Mr. Bortz is Founder, Chairman of the Board, and Chief Executive Officer of Pebblebrook Hotel Trust and Founder and Chairman of Curator Hotel & Resort Collection. Mr. Bortz was Founder and served as President, Chief Executive Officer and a Trustee of LaSalle Hotel Properties, a publicly traded hotel REIT, from its formation in April 1998 until his retirement in September 2009. In addition, he served as Chairman of the Board of LaSalle Hotel Properties from January 1, 2001 until his retirement. Prior to forming LaSalle Hotel Properties, Mr. Bortz founded the Hotel Investment Group of Jones Lang LaSalle Incorporated in January 1994 and as its President oversaw all of Jones Lang LaSalle’s hotel investment and development activities. From January 1995 to April 1998, as Managing Director of Jones Lang LaSalle’s Investment Advisory Division, he was also responsible for certain East Coast development projects. From January 1990 to 1995, he was a Senior Vice President of Jones Lang LaSalle’s Investment Division, with responsibility for East Coast development projects and workouts. Mr. Bortz joined Jones Lang LaSalle in 1981. He currently serves as member of the Board of Governors of the National Association of Real Estate Investment Trusts, or NAREIT, and served on the board of trustees for Federal Realty Investment Trust. Price Target Changed • Nov 25
Price target decreased by 7.9% to US$2.93 Down from US$3.18, the current price target is an average from 12 analysts. New target price is 56% above last closing price of US$1.88. Stock is down 48% over the past year. The company is forecast to post a net loss per share of US$1.12 next year compared to a net loss per share of US$2.58 last year. Reported Earnings • Nov 06
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: US$0.30 loss per share. Revenue: US$186.6m (down 5.4% from 3Q 2024). Net loss: US$136.5m (loss widened 39% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in the US. Announcement • Nov 06
Hudson Pacific Properties, Inc. (NYSE:HPP) acquired 45% stake in 285,680-square-foot, Class-A office tower in Seattle from Canada Pension Plan Investment Board for $46.9 million. Hudson Pacific Properties, Inc. (NYSE:HPP) acquired 45% stake in 285,680-square-foot, Class-A office tower in Seattle from Canada Pension Plan Investment Board for $46.9 million in the quarter ending September 30, 2025. In consideration for which Hudson Pacific Properties, Inc assumed the partner’s $45.5 million share of the joint venture’s debt and received $1.4 million of cash on hand.
Hudson Pacific Properties, Inc. (NYSE:HPP) completed the acquisition of 45% stake in 285,680-square-foot, Class-A office tower in Seattle from Canada Pension Plan Investment Board in the quarter ending September 30, 2025. Buy Or Sell Opportunity • Nov 05
Now 22% overvalued Over the last 90 days, the stock has fallen 8.0% to US$2.41. The fair value is estimated to be US$1.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 73%. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Announcement • Nov 05
Hudson Pacific Properties, Inc. Updates Earnings Guidance for the Full Year 2025 Hudson Pacific Properties, Inc. updated earnings guidance for the full year 2025. For the year, the company expected GAAP non-cash revenue (straight-line rent and above/below-market rents) of $3,000,000 to $8,000,000. Major Estimate Revision • Oct 01
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$0.87 to -US$1.02 per share. Revenue forecast unchanged at US$750.8m. Office REITs industry in the US expected to see average net income growth of 3.1% next year. Consensus price target of US$3.29 unchanged from last update. Share price rose 2.2% to US$2.73 over the past week. Announcement • Sep 29
Hudson Pacific Properties, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Hudson Pacific Properties, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Buy Or Sell Opportunity • Sep 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.1% to US$2.59. The fair value is estimated to be US$3.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 73%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Announcement • Sep 15
Hudson Pacific Properties, Inc. Announces Board Changes, Effective September 11, 2025 Hudson Pacific Properties, Inc. announced that on September 11, 2025, Mr. Mark Linehan resigned from the Board, effective September 11, 2025, to devote more time to other professional commitments. Mr. Linehan expressed no disagreement with the Company. On the same day, the Board appointed Mr. T. Ritson Ferguson as Mr. Linehan’s successor, effective immediately. Mr. Ferguson will serve on the Audit Committee of the Board, and Mr. Michael Nash will succeed Mr. Linehan as Chair of the Audit Committee. Mr. Ferguson is the Lead Trustee of the Board of CBRE Global Real Estate Income Fund and a member of the investment committees for CBRE Investment Management Listed Real Assets. He served as Vice Chairman of CBREIM Listed Real Assets from 2021 to 2022. Prior to that role, Mr. Ferguson acted as Chief Executive Officer and Chief Investment Officer of the business until 2020, responsible for the management and investment decision-making of the firm’s global range of listed and unlisted real estate and infrastructure program offerings. Major Estimate Revision • Aug 12
Consensus revenue estimates decrease by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$806.9m to US$724.5m. EPS estimate unchanged from -US$0.82 per share at last update. Office REITs industry in the US expected to see average net income growth of 11% next year. Consensus price target of US$3.24 unchanged from last update. Share price was steady at US$2.49 over the past week. Buy Or Sell Opportunity • Aug 07
Now 20% undervalued Over the last 90 days, the stock has risen 15% to US$2.62. The fair value is estimated to be US$3.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 73%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Reported Earnings • Aug 06
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: US$0.39 loss per share (further deteriorated from US$0.33 loss in 2Q 2024). Revenue: US$190.0m (down 12% from 2Q 2024). Net loss: US$78.0m (loss widened 66% from 2Q 2024). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Hudson Pacific Properties, Inc. Updates Earnings Guidance for the Year 2025 Hudson Pacific Properties, Inc. updated earnings guidance for the year 2025. For the period, the company expects GAAP non-cash revenue (straight-line rent and above/below-market rents) $5,500,000 to $10,500,000. Major Estimate Revision • Jul 24
Consensus EPS estimates upgraded to US$0.85 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$1.64 to -US$0.85 per share. Revenue forecast steady at US$804.2m. Office REITs industry in the US expected to see average net income growth of 4.4% next year. Consensus price target broadly unchanged at US$3.27. Share price fell 3.5% to US$2.50 over the past week. Announcement • Jul 01
Hudson Pacific Properties, Inc. Announces Board and Committee Changes, Effective June 25, 2025 In connection with Hudson Pacific Properties, Inc.’s (Company) previously announced initiative to reduce annual general and administrative expenses, on June 25, 2025, Mr. Ebs Burnough and Ms. Christy Haubegger each resigned from the Board, effective June 25, 2025. In tendering their resignations, Mr. Burnough and Ms. Haubegger expressed no disagreement with the Company. Following the foregoing resignations, the Board voted to reduce the size of the Board from ten to eight members. On June 25, 2025, upon the recommendation of the Nominating and Governance Committee, the Board appointed existing directors Mr. Theodore Antenucci and Mr. Jonathan Glaser to serve on the Compensation Committee of the Board. Price Target Changed • Jun 26
Price target decreased by 8.6% to US$3.13 Down from US$3.42, the current price target is an average from 11 analysts. New target price is 17% above last closing price of US$2.68. Stock is down 44% over the past year. The company is forecast to post a net loss per share of US$1.44 next year compared to a net loss per share of US$2.58 last year. New Risk • Jun 25
New major risk - Revenue and earnings growth Earnings have declined by 76% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 76% per year over the past 5 years. Shareholders have been substantially diluted in the past year (165% increase in shares outstanding). Announcement • Jun 24
Hudson Pacific Properties, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Hudson Pacific Properties, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Price Target Changed • Jun 17
Price target increased by 7.5% to US$3.42 Up from US$3.19, the current price target is an average from 11 analysts. New target price is 24% above last closing price of US$2.76. Stock is down 43% over the past year. The company is forecast to post a net loss per share of US$1.44 next year compared to a net loss per share of US$2.58 last year. New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 165% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (165% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$234m net loss in 2 years). Major Estimate Revision • Jun 15
Consensus EPS estimates upgraded to US$1.44 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$1.94 to -US$1.44 per share. Revenue forecast steady at US$795.8m. Office REITs industry in the US expected to see average net income growth of 7.0% next year. Consensus price target broadly unchanged at US$3.24. Share price rose 17% to US$2.74 over the past week. Major Estimate Revision • May 15
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$1.66 to -US$1.94 per share. Revenue forecast of US$807.5m unchanged since last update. Office REITs industry in the US expected to see average net income growth of 6.1% next year. Consensus price target broadly unchanged at US$3.27. Share price fell 6.2% to US$2.13 over the past week. Reported Earnings • May 08
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: US$0.53 loss per share (further deteriorated from US$0.37 loss in 1Q 2024). Revenue: US$198.5m (down 6.9% from 1Q 2024). Net loss: US$74.5m (loss widened 43% from 1Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. Price Target Changed • May 06
Price target decreased by 7.6% to US$3.31 Down from US$3.59, the current price target is an average from 11 analysts. New target price is 49% above last closing price of US$2.23. Stock is down 57% over the past year. The company is forecast to post a net loss per share of US$1.66 next year compared to a net loss per share of US$2.58 last year. Announcement • Apr 25
Hudson Pacific Properties, Inc., Annual General Meeting, May 14, 2025 Hudson Pacific Properties, Inc., Annual General Meeting, May 14, 2025. Location: 11601 wilshire boulevard, ninth floor, california 90025, los angeles United States Announcement • Mar 26
Hudson Pacific Properties, Inc. to Report Q1, 2025 Results on May 07, 2025 Hudson Pacific Properties, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Reported Earnings • Feb 21
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: US$2.58 loss per share (further deteriorated from US$1.36 loss in FY 2023). Revenue: US$842.1m (down 11% from FY 2023). Net loss: US$364.1m (loss widened 90% from FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Announcement • Feb 21
Hudson Pacific Properties, Inc. Provides Financial Guidance for the Year 2025 Hudson Pacific Properties, Inc. provided financial guidance for the year 2025. For the year, the company expects GAAP non-cash revenue (straight-line rent and above/below-market rents) to be $10,000,000 to $15,000,000. Price Target Changed • Feb 18
Price target decreased by 7.0% to US$4.11 Down from US$4.42, the current price target is an average from 10 analysts. New target price is 40% above last closing price of US$2.93. Stock is down 56% over the past year. The company is forecast to post a net loss per share of US$1.85 next year compared to a net loss per share of US$1.36 last year. Price Target Changed • Jan 10
Price target decreased by 8.9% to US$4.49 Down from US$4.93, the current price target is an average from 11 analysts. New target price is 65% above last closing price of US$2.72. Stock is down 69% over the past year. The company is forecast to post a net loss per share of US$1.86 next year compared to a net loss per share of US$1.36 last year. Announcement • Jan 09
Hudson Pacific Properties, Inc. to Report Q4, 2024 Results on Feb 20, 2025 Hudson Pacific Properties, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025 Price Target Changed • Jan 02
Price target decreased by 7.9% to US$4.79 Down from US$5.20, the current price target is an average from 11 analysts. New target price is 68% above last closing price of US$2.86. Stock is down 70% over the past year. The company is forecast to post a net loss per share of US$1.87 next year compared to a net loss per share of US$1.36 last year. New Risk • Dec 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$210m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change). Recent Insider Transactions • Dec 20
Chairman & CEO recently bought US$144k worth of stock On the 18th of December, Victor Coleman bought around 50k shares on-market at roughly US$2.87 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$177k. Despite this recent buy, Victor has been a net seller over the last 12 months, reducing personal holdings by US$929k. Announcement • Dec 12
Hudson Pacific Properties, Inc. Completes Sale of Palo Alto Office Property Hudson Pacific Properties, Inc. announced that it has closed on the sale of a non-core Palo Alto office property, 3176 Porter, for $24.8 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. As previously announced, the company also has under contract the sale of a second non-core Palo Alto office property, Foothill Research Center, that is targeted to close in first quarter 2025. Recent Insider Transactions • Nov 27
Chairman & CEO recently bought US$177k worth of stock On the 25th of November, Victor Coleman bought around 50k shares on-market at roughly US$3.53 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Victor has been a net seller over the last 12 months, reducing personal holdings by US$1.1m. Major Estimate Revision • Nov 19
Consensus EPS estimates fall by 27% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$1.50 to -US$1.90 per share. Revenue forecast unchanged at US$855.5m. Office REITs industry in the US expected to see average net income growth of 25% next year. Consensus price target down from US$5.59 to US$5.36. Share price fell 24% to US$3.37 over the past week. Reported Earnings • Nov 13
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: US$0.69 loss per share (further deteriorated from US$0.27 loss in 3Q 2023). Revenue: US$200.4m (down 13% from 3Q 2023). Net loss: US$97.9m (loss widened 160% from 3Q 2023). Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 68%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Nov 13
Hudson Pacific Properties, Inc. Provides Unaudited Financial Guidance for the Year 2024 Hudson Pacific Properties, Inc. provided unaudited financial guidance for the year 2024. For the year, the company expects GAAP non-cash revenue (straight-line rent and above/below-market rents) to be negative $14,500,000 to negative $9,500,000. Announcement • Oct 01
Hudson Pacific Properties, Inc. to Report Q3, 2024 Results on Nov 12, 2024 Hudson Pacific Properties, Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 Buy Or Sell Opportunity • Aug 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$4.68. The fair value is estimated to be US$5.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has declined by 98%. Revenue is forecast to grow by 6.3% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Price Target Changed • Aug 08
Price target decreased by 8.1% to US$6.33 Down from US$6.88, the current price target is an average from 13 analysts. New target price is 34% above last closing price of US$4.71. Stock is down 25% over the past year. The company is forecast to post a net loss per share of US$1.37 next year compared to a net loss per share of US$1.36 last year. Announcement • Jun 28
Hudson Pacific Properties, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Hudson Pacific Properties, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024 Upcoming Dividend • Jun 10
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 17 June 2024. Payment date: 27 June 2024. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.9%). Recent Insider Transactions • May 26
Chairman & CEO recently sold US$518k worth of stock On the 22nd of May, Victor Coleman sold around 100k shares on-market at roughly US$5.18 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$732k. Victor has been a net seller over the last 12 months, reducing personal holdings by US$1.2m. Recent Insider Transactions Derivative • May 24
Chairman & CEO notifies of intention to sell stock Victor Coleman intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of May. If the sale is conducted around the recent share price of US$5.18, it would amount to US$518k. For the year to December 2017, Victor's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Victor's direct individual holding has decreased from 2.40m shares to 618.69k. Company insiders have collectively sold US$268k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 22
Dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 17th June 2024 Payment date: 27th June 2024 Dividend yield will be 2.0%, which is lower than the industry average of 5.5%. Announcement • May 22
Hudson Pacific Properties, Inc. Declares Dividend for the Second Quarter of 2024, Payable on June 27, 2024 Hudson Pacific Properties, Inc. announced that its board of directors has declared dividends for the second quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20 per share. The dividend will be paid on June 27, 2024 to stockholders of record on June 17, 2024. Buy Or Sell Opportunity • May 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to US$5.21. The fair value is estimated to be US$6.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has declined by 104%. Revenue is forecast to grow by 8.2% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Recent Insider Transactions • May 17
Chairman & CEO recently sold US$732k worth of stock On the 14th of May, Victor Coleman sold around 128k shares on-market at roughly US$5.72 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Victor's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • May 16
Chairman & CEO notifies of intention to sell stock Victor Coleman intends to sell 128k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of May. If the sale is conducted around the recent share price of US$5.72, it would amount to US$732k. For the year to December 2017, Victor's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Victor currently holds 2.40m shares (0.016595351757187064 of the company). Company insiders have collectively bought US$464k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 02
First quarter 2024 earnings: EPS exceeds analyst expectations First quarter 2024 results: US$0.37 loss per share (further deteriorated from US$0.14 loss in 1Q 2023). Revenue: US$214.0m (down 15% from 1Q 2023). Net loss: US$52.2m (loss widened 156% from 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • May 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to US$5.44. The fair value is estimated to be US$7.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has declined by 104%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. 
