Hudson Pacific Properties (HPP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.01 to $3.33
• 50-Day Range: $3.05 to $5.29
• 52-Week Range: $3.01 to $9.85
• Volume: 3.59 million shs
• Average Volume: 2.43 million shs
• Market Capitalization: $470.30 million
• P/E Ratio: N/A
• Dividend Yield: 3.00%
• Price Target: $6.17
• Consensus Rating: Reduce

Hudson Pacific Properties Stock Analysis - MarketRank™

Hudson Pacific Properties scored higher than 85% of companies evaluated by MarketBeat, and ranked 213th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Hudson Pacific Properties has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 1 buy rating, 8 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Hudson Pacific Properties has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 7.69%

Earnings Growth

Earnings for Hudson Pacific Properties are expected to grow by 7.69% in the coming year, from $0.52 to $0.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hudson Pacific Properties is -1.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hudson Pacific Properties is -1.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Hudson Pacific Properties has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.61% of the float of Hudson Pacific Properties has been sold short.

Short Interest Ratio / Days to Cover

Hudson Pacific Properties has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Hudson Pacific Properties has recently decreased by 3.51%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Hudson Pacific Properties pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hudson Pacific Properties does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Hudson Pacific Properties will have a dividend payout ratio of 17.86% next year. This indicates that Hudson Pacific Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.13

Percentage of Shares Shorted

16.61% of the float of Hudson Pacific Properties has been sold short.

Short Interest Ratio / Days to Cover

Hudson Pacific Properties has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Hudson Pacific Properties has recently decreased by 3.51%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.22

News Sentiment

Hudson Pacific Properties has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Hudson Pacific Properties this week, compared to 4 articles on an average week.

Search Interest

Only 5 people have searched for HPP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

4 people have added Hudson Pacific Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hudson Pacific Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $97,692.00 in company stock.

Percentage Held by Insiders

Only 2.95% of the stock of Hudson Pacific Properties is held by insiders.

Percentage Held by Institutions

97.58% of the stock of Hudson Pacific Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HPP Stock Analysis - Frequently Asked Questions

How have HPP shares performed this year?

Hudson Pacific Properties' stock was trading at $9.31 on January 1st, 2024. Since then, HPP shares have decreased by 64.2% and is now trading at $3.33.
View the best growth stocks for 2024 here.

How were Hudson Pacific Properties' earnings last quarter?

Hudson Pacific Properties, Inc. (NYSE:HPP) released its quarterly earnings data on Wednesday, August, 7th. The real estate investment trust reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.50. The business's revenue for the quarter was down 11.1% compared to the same quarter last year.

Who are Hudson Pacific Properties' major shareholders?

Hudson Pacific Properties' top institutional investors include State Street Corp (5.94%), Charles Schwab Investment Management Inc. (3.69%), Geode Capital Management LLC (2.43%) and FMR LLC (2.41%). Insiders that own company stock include Victor J Coleman, Mark T Lammas, Drew Gordon, Arthur X Suazo, Barry A Sholem, Andy Wattula, Mark David Linehan, Harout Krikor Diramerian, Steven M Jaffe, Jonathan M Glaser and Christopher James Barton.
View institutional ownership trends.

How do I buy shares of Hudson Pacific Properties?

Shares of HPP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hudson Pacific Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hudson Pacific Properties investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/10/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate
• Sub-Industry: Office REITs
• Current Symbol: NYSE:HPP
• CUSIP: 44409710
• CIK: 1482512
• Web: www.hudsonpacificproperties.com
• Phone: (310) 445-5700
• Fax: 310-445-5710
• Employees: 880
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $6.17
• High Stock Price Target: $13.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +89.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.25
• P/E Growth: N/A
• Net Income: $-173,890,000.00
• Net Margins: -33.39%
• Pretax Margin: -34.23%
• Return on Equity: -9.64%
• Return on Assets: -3.44%

Debt

• Debt-to-Equity Ratio: 1.47
• Current Ratio: 1.26
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $952.30 million
• Price / Sales: 0.48
• Cash Flow: $1.72 per share
• Price / Cash Flow: 1.89
• Book Value: $20.26 per share
• Price / Book: 0.16

Miscellaneous

• Outstanding Shares: 141,230,000
• Free Float: 137,066,000
• Market Cap: $459.00 million
• Optionable: Optionable
• Beta: 1.31