Mizuho Forecasts Strong Price Appreciation for Hudson Pacific Properties (NYSE:HPP) Stock

Hudson Pacific Properties (NYSE:HPP) had its price objective upped by analysts at Mizuho from $15.00 to $17.00 in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s target price would suggest a potential upside of 17.88% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Bank of America reissued an “underperform” rating and issued a $14.00 price objective on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Piper Sandler restated a “neutral” rating and set a $12.00 target price (up from $6.50) on shares of Hudson Pacific Properties in a research note on Thursday, May 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Monday, June 15th. Finally, Wells Fargo & Company boosted their price target on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Hudson Pacific Properties currently has an average rating of “Hold” and a consensus target price of $14.32.

Hudson Pacific Properties Stock Performance

Hudson Pacific Properties stock opened at $14.42 on Tuesday. The firm has a market capitalization of $782.25 million, a PE ratio of -1.43, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $21.70. The stock’s 50 day moving average price is $14.11 and its 200 day moving average price is $10.05. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.65 and a current ratio of 1.65.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. The company had revenue of $181.85 million during the quarter, compared to the consensus estimate of $175.12 million. 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 1.11 EPS for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Several institutional investors have recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC acquired a new position in Hudson Pacific Properties during the 2nd quarter worth $28,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $28,000. United Capital Financial Advisors LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $30,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $32,000. Finally, Allied Private Wealth LLC bought a new position in shares of Hudson Pacific Properties during the second quarter worth about $33,000. 97.58% of the stock is owned by institutional investors and hedge funds.

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.