Hudson Pacific Properties, Inc. (NYSE:HPP) Receives $14.11 Consensus Target Price from Brokerages

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have received an average rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $14.1083.

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Piper Sandler decreased their target price on shares of Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Wells Fargo & Company decreased their target price on shares of Hudson Pacific Properties from $18.20 to $13.50 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. The Goldman Sachs Group set a $14.50 price objective on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research report on Monday, December 29th.

Institutional Investors Weigh In On Hudson Pacific Properties

Institutional investors have recently added to or reduced their stakes in the company. Pensionfund Sabic bought a new stake in Hudson Pacific Properties in the 4th quarter worth about $59,000. Evergreen Capital Management LLC bought a new stake in Hudson Pacific Properties in the 2nd quarter worth about $28,000. Orion Porfolio Solutions LLC bought a new stake in Hudson Pacific Properties in the 3rd quarter worth about $28,000. Ethic Inc. bought a new stake in Hudson Pacific Properties in the 3rd quarter worth about $28,000. Finally, Discipline Wealth Solutions LLC bought a new stake in Hudson Pacific Properties in the 3rd quarter worth about $30,000. 97.58% of the stock is owned by institutional investors.

Hudson Pacific Properties Trading Up 2.1%

NYSE:HPP opened at $8.47 on Tuesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. The firm has a 50-day moving average of $6.56 and a 200-day moving average of $10.56. The company has a market cap of $459.14 million, a PE ratio of -0.65, a PEG ratio of 0.86 and a beta of 1.51. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The company had revenue of $256.03 million during the quarter, compared to the consensus estimate 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, equities research analysts expect that Hudson Pacific Properties will post 1 EPS for the current fiscal year.

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.