Hudson Pacific Properties (HPP) Projected to Post Quarterly Earnings on Wednesday

Hudson Pacific Properties (NYSE:HPP - Get Free Report) will likely be issuing its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $199.95 million for the quarter. Hudson Pacific Properties has set its Q1 2025 guidance at 0.070-0.110 EPS.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last announced its earnings results on Thursday, February 20th. 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. Hudson Pacific Properties had a negative return on equity of 12.64% and a negative net margin of 44.01%. The firm had revenue of $209.67 million during the quarter, compared to analyst estimates of $207.95 million. On average, analysts expect Hudson Pacific Properties to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudson Pacific Properties Stock Up 2.4 %

Shares of NYSE HPP traded up $0.06 during mid-day trading on Monday, hitting $2.32. 2,715,209 shares of the stock traded hands, compared to its average volume of 2,843,756. The company has a market cap of $327.32 million, a price-to-earnings ratio of -0.90 and a beta of 1.30. The stock has a fifty day moving average price of $2.63 and a 200-day moving average price of $3.14. Hudson Pacific Properties has a 52 week low of $1.88 and a 52 week high of $6.29. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.26 and a current ratio of 1.26.

Analyst Ratings Changes

A number of analysts have recently weighed in on HPP shares. BMO Capital Markets raised shares of Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and upped their target price for the stock from $4.00 to $5.00 in a research report on Friday, March 28th. Morgan Stanley restated an "underweight" rating and issued a $1.75 price objective on shares of Hudson Pacific Properties in a report on Tuesday, April 15th. Mizuho lowered their target price on shares of Hudson Pacific Properties from $5.00 to $3.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Wells Fargo & Company upgraded Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 price target on the stock in a research note on Monday, March 10th. Finally, Jefferies Financial Group assumed coverage on Hudson Pacific Properties in a research report on Monday, March 17th. They set a "hold" rating and a $2.70 price objective for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $3.14.

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.