Hudson Pacific Properties (NYSE:HPP) Announces Earnings Results

Hudson Pacific Properties (NYSE:HPP - Get Free Report) announced its earnings results on Thursday. The real estate investment trust reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01, Zacks reports. The business had revenue of $209.67 million for the quarter, compared to analyst estimates of $207.95 million. Hudson Pacific Properties had a negative return on equity of 12.64% and a negative net margin of 44.01%. Hudson Pacific Properties updated its Q1 2025 guidance to 0.070-0.110 EPS.

Hudson Pacific Properties Price Performance

Shares of HPP traded up $0.05 during midday trading on Monday, reaching $3.05. The stock had a trading volume of 2,397,460 shares, compared to its average volume of 2,788,239. The company's 50-day moving average is $2.97 and its 200 day moving average is $3.93. Hudson Pacific Properties has a 12-month low of $2.39 and a 12-month high of $7.20. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $430.05 million, a price-to-earnings ratio of -1.18 and a beta of 1.30.

Analyst Ratings Changes

HPP has been the topic of a number of research analyst reports. Jefferies Financial Group decreased 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. Scotiabank decreased their target price on Hudson Pacific Properties from $4.00 to $3.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 18th. Piper Sandler decreased their target price on Hudson Pacific Properties from $4.50 to $3.50 and set a "neutral" rating on the stock in a research note on Monday. Finally, Mizuho decreased their target price 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. Two analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat.com, Hudson Pacific Properties presently has a consensus rating of "Hold" and a consensus price target of $4.44.

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Insider Transactions at Hudson Pacific Properties

In related news, CEO Victor J. Coleman bought 50,000 shares of the company's stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average cost of $2.87 per share, for a total transaction of $143,500.00. Following the acquisition, the chief executive officer now directly owns 487,451 shares of the company's stock, valued at $1,398,984.37. The trade was a 11.43 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.95% of the company's stock.

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.