Hudson Pacific Properties is focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select West Coast markets. The company was founded in 2006 and is based in Los Angeles, California.
HPP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HPP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Hudson Pacific Properties Inc ranked in the 4th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for HPP, they are:
The company's compound free cash flow growth rate over the past 3.99 years comes in at -0.34%; that's greater than only 4.11% of US stocks we're applying DCF forecasting to.
Hudson Pacific Properties Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 9. This value is greater than 55.16% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
COLD, BFS, CPT, CXP, and ESS can be thought of as valuation peers to HPP, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
Rents in New York, San Francisco and other major international cities are still falling, while rents in inland California show gains.San Francisco rents fell 11% in the last three months, while New York rents dropped 8.5%, RealPage reports. San Jose rents fell 10.3% and Boston rents were down 5.1%.Riverside/San Bernadino,...
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced it will release third quarter financial results after the market closes on Thursday, October 29, 2020. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Friday, October 30, 2020. Please dial (877) 407-0784 to access the call. International callers should dial (201) 689-8560. A live, listen-only webcast can be accessed via the Investors section of the company’
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) today announced that it is fully carbon neutral across all operations. As part of its Better Blueprint platform, the company had previously committed to being net zero carbon by 2025, but has achieved the goal early through a combination of energy efficiency, on-site renewables, renewable energy certificates and verified emission reduction credits. These efforts have eliminated the Scope 1 and 2 greenho
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that the Company’s Board of Directors has declared a quarterly dividend on its common stock of $0.25 per share for the third quarter of 2020. The dividend will be paid on September 28, 2020 to stockholders of record on September 18, 2020. About Hudson Pacific Properties Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties tota
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that Victor Coleman, the company’s Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at BofA Securities’ 2020 Global Real Estate Virtual Conference on Wednesday, September 16, 2020 at 11:15 a.m. ET. The following is a link to the live, listen-only webcast of the discussion, where a replay will also be available one hour af