Hudson Pacific Properties, Inc. (NYSE:HPP) Receives Consensus Rating of “Hold” from Brokerages

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been assigned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $13.7417.

HPP has been the subject of a number of recent analyst reports. Cantor Fitzgerald reduced their price objective on shares of 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. The Goldman Sachs Group set a $14.50 target price on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a research report on Thursday, January 29th. BTIG Research set a $26.00 target price on Hudson Pacific Properties and gave the stock a “buy” rating in a research note on Friday, January 2nd. Morgan Stanley reaffirmed an “underweight” rating and issued a $8.00 target price on shares of Hudson Pacific Properties in a report on Thursday, January 29th. Finally, Piper Sandler set a $10.00 price target on Hudson Pacific Properties in a research report on Tuesday, January 27th.

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP opened at $6.10 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.25. The stock has a market cap of $330.65 million, a PE ratio of -0.47, a price-to-earnings-growth ratio of 0.59 and a beta of 1.50. The stock’s fifty day simple moving average is $7.31 and its two-hundred day simple moving average is $12.46. Hudson Pacific Properties has a 1-year low of $5.33 and a 1-year high of $22.89.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm had revenue of $256.03 million during 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. As a group, analysts forecast that Hudson Pacific Properties will post 0.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Ethic Inc. purchased a new stake in shares of Hudson Pacific Properties during the 3rd quarter valued at $28,000. Evergreen Capital Management LLC purchased a new position in shares of Hudson Pacific Properties in the 2nd quarter worth about $28,000. Orion Porfolio Solutions LLC bought a new position in Hudson Pacific Properties during the third quarter valued at about $28,000. Discipline Wealth Solutions LLC bought a new position in Hudson Pacific Properties during the third quarter valued at about $30,000. Finally, United Capital Financial Advisors LLC purchased a new stake in Hudson Pacific Properties during the third quarter worth about $30,000. Institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

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.