Hudson Pacific Properties (NYSE:HPP) Issues FY 2026 Earnings Guidance

Hudson Pacific Properties (NYSE:HPP) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.100-1.180 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of -.

Hudson Pacific Properties Stock Up 10.5%

Hudson Pacific Properties stock opened at $11.75 on Friday. The company has a 50 day moving average of $7.06 and a 200-day moving average of $10.14. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties has a twelve month low of $5.26 and a twelve month high of $21.70. The stock has a market capitalization of $637.32 million, a PE ratio of -0.90, a price-to-earnings-growth ratio of 1.10 and a beta of 1.86.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $256.03 million for the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts anticipate that Hudson Pacific Properties will post 1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HPP shares. Cantor Fitzgerald reduced their price objective on Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Citigroup lifted their target price on Hudson Pacific Properties from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Wells Fargo & Company cut their target price on Hudson Pacific Properties from $18.20 to $13.50 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. BMO Capital Markets reaffirmed a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. Finally, Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Hudson Pacific Properties currently has an average rating of “Hold” and an average price target of $14.11.

Key Stories Impacting Hudson Pacific Properties

Here are the key news stories impacting Hudson Pacific Properties this week:

• Positive Sentiment: Q1 outperformance — Hudson Pacific reported FFO of $0.25/share, above Zacks consensus $0.18 and well ahead of prior analyst EPS consensus (the company also beat the negative EPS consensus by a large margin). This surprise relief on earnings metrics is the primary near-term catalyst. Hudson Pacific Properties (HPP) Beats Q1 FFO Estimates
• Positive Sentiment: Raised FY‑2026 guidance — Management updated FY26 EPS/CORE FFO guidance to $1.10–$1.18, above the street’s prior ~$1.00 estimate, signaling better-than-expected operating momentum and supporting a re-rating. Hudson Pacific Raises 2026 Core FFO Outlook on Q1 Strength
• Positive Sentiment: Analyst support — BTIG reaffirmed a Buy with a $26 price target, providing an upbeat institutional endorsement that can attract momentum buyers. Hudson Pacific Properties Receives “Buy” Rating from BTIG Research
• Neutral Sentiment: Technical & volume context — Trading volume is elevated versus average and the stock is above its 50- and 200‑day moving averages, which can amplify short‑term rallies but also invites profit-taking. Hudson Pacific Properties Stock (MarketBeat)
• Negative Sentiment: Underlying fundamentals remain weak — On a GAAP basis the company showed negative net margin and negative return on equity; FFO is down year‑over‑year (Q1 FFO $0.25 vs $0.63 a year ago), which may limit sustained multiple expansion. Hudson Pacific Properties Press Release
• Negative Sentiment: Leverage and profitability risks — The REIT carries meaningful leverage (debt/equity ~1.25) and negative PE metrics, which could magnify downside in a rising-rate or leasing slowdown environment. Hudson Pacific Properties Stock (MarketBeat)

Hedge Funds Weigh In On Hudson Pacific Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its position in Hudson Pacific Properties by 122.4% during the second quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock worth $43,054,000 after acquiring an additional 8,646,463 shares in the last quarter. Conversant Capital LLC grew its position in shares of Hudson Pacific Properties by 293.6% in the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 7,981,580 shares during the period. Sei Investments Co. increased its stake in shares of Hudson Pacific Properties by 18,343.2% during the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock worth $15,266,000 after purchasing an additional 5,541,478 shares during the last quarter. UBS Group AG increased its stake in shares of Hudson Pacific Properties by 657.0% during the 3rd quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock worth $15,505,000 after purchasing an additional 4,875,549 shares during the last quarter. Finally, Rush Island Management LP bought a new stake in shares of Hudson Pacific Properties in the 2nd quarter valued at about $12,409,000. 97.58% of the stock is owned by institutional investors.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.