Wedbush Issues Pessimistic Estimate for HPP Earnings

Hudson Pacific Properties, Inc. (NYSE:HPP) – Investment analysts at Wedbush decreased their Q1 2025 earnings per share (EPS) estimates for shares of Hudson Pacific Properties in a report issued on Monday, May 5th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.08. Wedbush 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’ Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.31 EPS, Q1 2026 earnings at $0.08 EPS, Q2 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.43 EPS.

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

Several other equities research analysts have also issued reports on HPP. Morgan Stanley reaffirmed an “underweight” rating and set a $1.75 price target on shares of Hudson Pacific Properties in a report on Tuesday, April 15th. BMO Capital Markets raised 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 report 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 price target on the stock in a research note on Monday, March 10th. Jefferies Financial Group started coverage on shares of Hudson Pacific Properties in a report on Monday, March 17th. They issued a “hold” rating and a $2.70 price objective for the company. Finally, Scotiabank decreased their price target on shares of Hudson Pacific Properties from $4.00 to $3.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $3.63.

Hudson Pacific Properties Price Performance

Shares of HPP stock opened at $2.27 on Wednesday. The business has a fifty day simple moving average of $2.56 and a 200 day simple moving average of $3.09. The company has a market cap of $320.39 million, a P/E ratio of -0.88 and a beta of 1.48. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.47. Hudson Pacific Properties has a twelve month low of $1.88 and a twelve month high of $6.29.

Hedge Funds Weigh In On Hudson Pacific Properties

A number of large investors have recently modified their holdings of HPP. Green Alpha Advisors LLC raised its holdings in Hudson Pacific Properties by 77.7% during the fourth quarter. Green Alpha Advisors LLC now owns 521,592 shares of the real estate investment trust’s stock worth $1,580,000 after buying an additional 228,079 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in Hudson Pacific Properties during the fourth quarter worth $436,000. Brown University bought a new position in Hudson Pacific Properties during the fourth quarter valued at about $1,832,000. Helix Partners Management LP bought a new position in shares of Hudson Pacific Properties during the 4th quarter valued at approximately $579,000. Finally, Sanctuary Advisors LLC purchased a new stake in Hudson Pacific Properties in the fourth quarter worth $45,000. 97.58% of the stock is currently owned by institutional investors.

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.