Equities Analysts Set Expectations for HPP FY2025 Earnings

Hudson Pacific Properties, Inc. (NYSE:HPP) – Stock analysts at Wedbush cut their FY2025 earnings per share (EPS) estimates for shares of Hudson Pacific Properties in a research report issued to clients and investors on Monday, February 24th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $0.46 per share for the year, down from their previous forecast of $0.59. The consensus estimate for Hudson Pacific Properties’ current full-year earnings is $0.45 per share.

Several other equities research analysts have also recently weighed in on HPP. The Goldman Sachs Group dropped their price objective on Hudson Pacific Properties from $3.90 to $3.40 and set a “neutral” rating for the company in a report on Tuesday. Jefferies Financial Group dropped their price target on Hudson Pacific Properties from $3.70 to $3.00 and set a “hold” rating for the company in a research note on Thursday, January 2nd. Scotiabank reduced their price objective on shares of Hudson Pacific Properties from $4.00 to $3.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 18th. Mizuho decreased their price objective on shares of Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Finally, Piper Sandler cut their target price on shares of Hudson Pacific Properties from $4.50 to $3.50 and set a “neutral” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.31.

Hudson Pacific Properties Stock Up 1.2 %

NYSE HPP opened at $3.07 on Wednesday. Hudson Pacific Properties has a 1 year low of $2.39 and a 1 year high of $7.20. The stock has a market capitalization of $432.87 million, a PE ratio of -1.19 and a beta of 1.30. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.26 and a quick ratio of 1.26. The business’s 50-day moving average is $2.97 and its 200 day moving average is $3.91.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Hudson Pacific Properties had a negative return on equity of 12.64% and a negative net margin of 44.01%. The firm had revenue of $209.67 million during the quarter, compared to analyst estimates of $207.95 million.

Insider Buying and Selling

In other Hudson Pacific Properties news, CEO Victor J. Coleman bought 50,000 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average price of $2.87 per share, with a total value of $143,500.00. Following the completion of the purchase, the chief executive officer now owns 487,451 shares of the company’s stock, valued at approximately $1,398,984.37. This trade represents a 11.43 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.95% of the stock is currently owned by insiders.

Institutional Trading of Hudson Pacific Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GeoWealth Management LLC bought a new stake in Hudson Pacific Properties in the fourth quarter worth $27,000. Blue Trust Inc. boosted its stake in Hudson Pacific Properties by 549.1% in the 3rd quarter. Blue Trust Inc. now owns 5,926 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 5,013 shares in the last quarter. Xponance Inc. purchased a new stake in Hudson Pacific Properties during the 4th quarter valued at about $30,000. Opinicus Capital Inc. purchased a new stake in Hudson Pacific Properties during the 4th quarter valued at about $32,000. Finally, Cibc World Markets Corp bought a new stake in Hudson Pacific Properties during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.