Wedbush Expects Lower Earnings for Hudson Pacific Properties

Hudson Pacific Properties, Inc. (NYSE:HPP - Free Report) - Wedbush reduced their Q2 2025 earnings estimates for shares of Hudson Pacific Properties in a research note issued on Monday, May 12th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will earn $0.05 per share for the quarter, down from their prior forecast of $0.08. Wedbush currently has a "Neutral" rating on the stock. The consensus estimate for Hudson Pacific Properties' current full-year earnings is $0.45 per share. Wedbush also issued estimates for Hudson Pacific Properties' Q3 2025 earnings at $0.07 EPS, FY2025 earnings at $0.30 EPS and FY2026 earnings at $0.40 EPS.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.09 earnings per share for the quarter, hitting analysts' consensus estimates of $0.09. Hudson Pacific Properties had a negative net margin of 44.01% and a negative return on equity of 12.64%. The business had revenue of $198.46 million during the quarter, compared to the consensus estimate of $199.95 million.

Several other equities research analysts have also recently commented on HPP. Piper Sandler dropped their price target on shares of Hudson Pacific Properties from $3.50 to $2.50 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. BMO Capital Markets raised Hudson Pacific Properties from a "market perform" rating to an "outperform" rating and boosted their price target for the company from $4.00 to $5.00 in a research note on Friday, March 28th. Wells Fargo & Company raised Hudson Pacific Properties from an "equal weight" rating to an "overweight" rating and set a $4.00 target price for the company in a research report on Monday, March 10th. BTIG Research set a $8.00 price objective on Hudson Pacific Properties and gave the company a "buy" rating in a research report on Tuesday, May 6th. Finally, Morgan Stanley restated an "underweight" rating and issued a $1.75 target price on shares of Hudson Pacific Properties in a research note on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $3.63.

Hudson Pacific Properties Stock Performance

Shares of HPP traded down $0.05 during midday trading on Tuesday, hitting $2.09. 2,241,453 shares of the stock traded hands, compared to its average volume of 2,871,782. The firm has a market capitalization of $294.80 million, a PE ratio of -0.81 and a beta of 1.48. The business's 50 day moving average price is $2.46 and its two-hundred day moving average price is $2.98. Hudson Pacific Properties has a 1-year low of $1.88 and a 1-year 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.

Hedge Funds Weigh In On Hudson Pacific Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Balyasny Asset Management L.P. raised its position in shares of Hudson Pacific Properties by 265.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 10,054,067 shares of the real estate investment trust's stock worth $30,464,000 after purchasing an additional 7,303,472 shares during the period. Millennium Management LLC raised its position in Hudson Pacific Properties by 303.5% in the 4th quarter. Millennium Management LLC now owns 7,384,275 shares of the real estate investment trust's stock valued at $22,374,000 after buying an additional 5,554,444 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Hudson Pacific Properties by 10.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust's stock valued at $18,413,000 after buying an additional 573,233 shares during the last quarter. Legal & General Group Plc raised its position in Hudson Pacific Properties by 0.5% in the 4th quarter. Legal & General Group Plc now owns 4,008,936 shares of the real estate investment trust's stock valued at $12,147,000 after buying an additional 21,320 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in Hudson Pacific Properties in the 1st quarter valued at approximately $10,333,000. Institutional investors own 97.58% 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.