Hudson Pacific Properties, Inc. (NYSE:HPP) Receives $14.82 Average PT from Analysts

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have earned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $14.8167.

HPP has been the subject of several recent research reports. Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a “hold” rating in a research report on Friday, March 6th. Zacks Research upgraded Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 3rd. The Goldman Sachs Group reiterated a “neutral” rating and set a $12.00 price target (up from $7.50) on shares of Hudson Pacific Properties in a research report on Tuesday, May 19th. BMO Capital Markets reiterated a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. Finally, Citigroup reissued a “neutral” rating and issued a $13.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a report on Thursday, May 14th.

Institutional Trading of Hudson Pacific Properties

Institutional investors have recently bought and sold shares of the business. Pensionfund Sabic acquired a new stake in Hudson Pacific Properties in the fourth quarter valued at approximately $59,000. Evergreen Capital Management LLC acquired a new stake in Hudson Pacific Properties in the second quarter valued at approximately $28,000. Orion Porfolio Solutions LLC acquired a new stake in Hudson Pacific Properties in the third quarter valued at approximately $28,000. United Capital Financial Advisors LLC acquired a new stake in Hudson Pacific Properties in the third quarter valued at approximately $30,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Hudson Pacific Properties in the third quarter valued at approximately $32,000. 97.58% of the stock is owned by institutional investors and hedge funds.

Hudson Pacific Properties Stock Down 0.2%

Shares of HPP stock opened at $15.27 on Wednesday. The stock has a 50 day moving average of $10.23 and a 200 day moving average of $9.43. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28. The stock has a market cap of $828.06 million, a P/E ratio of -1.51, a P/E/G ratio of 1.23 and a beta of 1.94. Hudson Pacific Properties has a twelve month low of $5.26 and a twelve month high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share for the quarter, beating the consensus estimate of ($0.92) by $0.10. The company had revenue of $181.85 million during the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. As a group, sell-side analysts expect that Hudson Pacific Properties will post 1.06 EPS for the current year.

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.