Welcome to our dedicated page for Hudson Pac Pptys news (Ticker: HPP), a resource for investors and traders seeking the latest updates and insights on Hudson Pac Pptys stock.
Hudson Pacific Properties Inc (NYSE: HPP) provides investors with comprehensive access to official news and market developments for this vertically integrated real estate investment trust. This centralized resource delivers timely updates on HPP's office and studio property operations across key West Coast markets.
Track earnings announcements, leasing milestones, and strategic portfolio moves through verified press releases and curated analysis. Users gain insights into HPP's dual focus on premium office spaces and specialized media facilities while monitoring capital investments in high-barrier urban submarkets.
The news collection features updates across core operational areas including property acquisitions, tenant lease agreements, and studio expansion projects. Content is organized to help stakeholders assess HPP's market position within the competitive REIT landscape and evolving workplace trends.
Bookmark this page for direct access to HPP's financial disclosures, sustainability initiatives, and leadership updates. Combine these resources with Stock Titan's analytical tools to maintain informed perspectives on commercial real estate market dynamics.
Hudson Pacific Properties (NYSE: HPP) will release its second quarter financial results on August 7, 2024, after market close. The company will host a conference call to discuss these results at 2:00 p.m. PT / 5:00 p.m. ET on the same day. Participants can join via telephone by dialing (833) 470-1428 (domestic) or (404) 975-4839 (international), using passcode 550142. A live webcast and replay will be available on the company’s website under the Investors section.
Hudson Pacific Properties (NYSE: HPP) announced that its Board of Directors has declared second-quarter dividends for 2024.
The common stock dividend is set at $0.05 per share, translating to an annual rate of $0.20 per share.
Furthermore, the 4.750% Series C cumulative preferred stock dividend is $0.296875 per share, amounting to an annual rate of $1.18750 per share.
Both dividends will be disbursed on June 27, 2024, to shareholders recorded as of June 17, 2024.
Hudson Pacific Properties, Inc. (NYSE: HPP) reported financial results for Q1 2024 with 509,000 square feet of leasing activity and the purchase of a partner's 45% stake in 1455 Market. The company provided its Q2 FFO outlook and updated full-year assumptions. Total revenue decreased to $214.0 million compared to $252.3 million in Q1 2023, resulting in a net loss of $52.2 million. FFO, excluding specified items, was $24.2 million. Leasing activity included 73 new and renewal leases totaling 508,615 square feet. Hudson Pacific's in-service office and studio portfolios remain in line with the full-year 2024 outlook. The company's FFO outlook for Q2 is $0.15 to $0.19 per diluted share. However, challenges in the film and television industry post-strikes affect production and cash flow related to the Quixote business, leading to uncertainties in estimating future performance.
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