Hudson Pacific Properties (NYSE:HPP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.150-1.210 for the period, compared to the consensus estimate of 1.160.
Hudson Pacific Properties Stock Performance
HPP traded down $1.80 during trading on Thursday, hitting $8.76. The company’s stock had a trading volume of 1,928,754 shares, compared to its average volume of 1,074,956. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.33. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $17.20. The firm has a market cap of $475.51 million, a PE ratio of -0.99, a P/E/G ratio of 0.61 and a beta of 2.02. The business’s 50 day simple moving average is $11.55 and its 200-day simple moving average is $10.91.
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The real estate investment trust reported ($3.38) earnings per share for the quarter, missing the consensus estimate of ($0.73) by ($2.65). Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%. The business had revenue of $180.89 million for the quarter, compared to analysts’ expectations of $181.62 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. As a group, sell-side analysts predict that Hudson Pacific Properties will post 1.16 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on HPP. Morgan Stanley set a $9.00 price target on Hudson Pacific Properties and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $17.00 price objective (up from $14.00) on shares of Hudson Pacific Properties in a research report on Tuesday, September 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hudson Pacific Properties in a research report on Wednesday, August 26th. Piper Sandler downgraded Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $15.00 to $13.00 in a research note on Monday, October 19th. Finally, Mizuho increased their target price on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $15.27.
Get Our Latest Stock Analysis on Hudson Pacific Properties
Insiders Place Their Bets
In other Hudson Pacific Properties news, Director Jon Bortz purchased 25,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $13.40 per share, for a total transaction of $335,000.00. Following the purchase, the director owned 35,394 shares of the company’s stock, valued at approximately $474,279.60. This represents a 240.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.47% of the company’s stock.
About Hudson Pacific Properties
Hudson Pacific Properties, Inc is a real estate investment trust that owns, operates and develops office and studio properties in major technology, media and entertainment markets. The company’s portfolio is focused primarily on the West Coast of the United States and Vancouver, Canada, with properties designed for businesses in the technology, media and creative industries.
Hudson Pacific’s office business includes creative office campuses and traditional office buildings that it leases to companies across sectors such as technology, entertainment and professional services.
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