Hudson Pacific Properties (NYSE:HPP) Issues Quarterly Earnings Results

Hudson Pacific Properties (NYSE:HPP) issued its quarterly earnings results on Thursday. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01, Zacks reports. Hudson Pacific Properties had a negative return on equity of 9.64% and a negative net margin of 33.39%. Hudson Pacific Properties updated its Q1 2025 guidance to 0.070-0.110 EPS.

Hudson Pacific Properties Trading Up 0.8 %

NYSE:HPP traded up $0.03 during mid-day trading on Thursday, reaching $3.12. 3,415,955 shares of the company’s stock traded hands, compared to its average volume of 2,781,762. Hudson Pacific Properties has a 12-month low of $2.39 and a 12-month high of $7.20. The firm has a market capitalization of $439.93 million, a price-to-earnings ratio of -1.49 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 company has a 50 day moving average price of $2.98 and a 200-day moving average price of $3.98.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. 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. Mizuho dropped their price target on Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Scotiabank dropped their price target on Hudson Pacific Properties from $4.00 to $3.00 and set a “sector perform” rating for the company in a research note on Tuesday. Finally, Piper Sandler dropped their price target on Hudson Pacific Properties from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Friday, November 15th. Two analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat, Hudson Pacific Properties currently has an average rating of “Hold” and an average target price of $4.80.

Insider Activity at Hudson Pacific Properties

In other Hudson Pacific Properties news, CEO Victor J. Coleman purchased 50,000 shares of Hudson Pacific Properties stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average price of $3.53 per share, for a total transaction of $176,500.00. Following the acquisition, the chief executive officer now directly owns 437,451 shares in the company, valued at approximately $1,544,202.03. This trade represents a 12.90 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.95% of the stock is owned by company insiders.

About Hudson Pacific Properties

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.