Hudson Pacific Properties (NYSE:HPP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.150-1.210 for the period, compared to the consensus EPS estimate of 1.160.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 price objective on shares of Hudson Pacific Properties in a research report on Monday, August 10th. Piper Sandler downgraded shares of Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $15.00 to $13.00 in a report on Monday, October 19th. Weiss Ratings restated a “sell (d)” rating on shares of Hudson Pacific Properties in a research report on Wednesday, August 26th. Morgan Stanley set a $9.00 target price on shares of Hudson Pacific Properties and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $17.00 target price (up from $14.00) on shares of Hudson Pacific Properties in a research note on Tuesday, September 1st. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.27.
Read Our Latest Stock Report on Hudson Pacific Properties
Hudson Pacific Properties Trading Down 17.0%
HPP traded down $1.80 during trading on Thursday, reaching $8.76. The company had a trading volume of 1,928,754 shares, compared to its average volume of 1,074,956. The stock has a market cap of $475.51 million, a P/E ratio of -0.99, a PEG ratio of 0.61 and a beta of 2.02. The business has a 50 day simple moving average of $11.55 and a 200-day simple moving average of $10.91. Hudson Pacific Properties has a 52 week low of $5.26 and a 52 week high of $17.20. 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 (NYSE:HPP – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported ($3.38) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $180.89 million during 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. On average, equities analysts anticipate that Hudson Pacific Properties will post 1.16 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Director Jon Bortz bought 25,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $13.40 per share, with a total value of $335,000.00. Following the transaction, the director directly owned 35,394 shares in the company, valued at approximately $474,279.60. This trade represents a 240.52% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.47% of the stock is currently owned by company insiders.
Hudson Pacific Properties Company Profile
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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