Hudson Pacific Properties (NYSE:HPP) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

Hudson Pacific Properties Stock Up 0.8 %

Shares of Hudson Pacific Properties stock traded up $0.03 on Thursday, hitting $3.12. The company had a trading volume of 3,416,251 shares, compared to its average volume of 2,781,762. Hudson Pacific Properties has a twelve month low of $2.39 and a twelve month high of $7.20. 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 stock has a 50-day moving average of $2.98 and a 200-day moving average of $3.98. The firm has a market capitalization of $439.93 million, a P/E ratio of -1.49 and a beta of 1.30.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Mizuho cut their price target on Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group cut their target price on Hudson Pacific Properties from $3.70 to $3.00 and set a “hold” rating on the stock in a research note on Thursday, January 2nd. Piper Sandler reduced their target price on Hudson Pacific Properties from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Friday, November 15th. Finally, Scotiabank lowered 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. Two investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. Based on data from MarketBeat.com, Hudson Pacific Properties currently has a consensus rating of “Hold” and a consensus target price of $4.80.

Insider Activity at Hudson Pacific Properties

In other news, CEO Victor J. Coleman purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were bought at an average cost of $2.87 per share, for a total transaction of $143,500.00. Following the completion of the acquisition, the chief executive officer now directly owns 487,451 shares in the company, valued at approximately $1,398,984.37. This trade represents a 11.43 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.95% of the stock is currently owned by insiders.

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.