Hudson Pacific Properties (NYSE:HPP) Updates FY 2026 Earnings Guidance

Hudson Pacific Properties (NYSE:HPP) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.120-1.200 for the period, compared to the consensus EPS estimate of 1.050. The company issued revenue guidance of -.

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP traded down $0.52 during trading on Wednesday, reaching $13.46. The stock had a trading volume of 86,945 shares, compared to its average volume of 1,214,902. The stock has a market capitalization of $730.07 million, a PE ratio of -1.33, a P/E/G ratio of 1.08 and a beta of 1.90. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.65 and a quick ratio of 1.65. Hudson Pacific Properties has a 52 week low of $5.26 and a 52 week high of $21.70. The business’s 50-day moving average price is $14.68 and its 200 day moving average price is $10.32.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) EPS for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.90). Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.The business had revenue of $188.30 million for the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. As a group, equities analysts predict that Hudson Pacific Properties will post 1.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HPP shares. BMO Capital Markets restated a “market perform” rating and set a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a report on Monday, June 15th. Zacks Research cut Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Piper Sandler upped their price target on shares of Hudson Pacific Properties from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Citigroup reissued a “neutral” rating and set a $13.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a report on Thursday, May 14th. Finally, Mizuho boosted their target price on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.32.

Hedge Funds Weigh In On Hudson Pacific Properties

Several hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in Hudson Pacific Properties by 140.3% during the 1st quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock worth $1,027,000 after purchasing an additional 203,283 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Hudson Pacific Properties during the 1st quarter worth approximately $82,000. Strs Ohio acquired a new stake in shares of Hudson Pacific Properties during the 1st quarter worth approximately $73,000. Creative Planning raised its stake in shares of Hudson Pacific Properties by 25.8% during the second quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 9,467 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of Hudson Pacific Properties during the second quarter worth approximately $62,000. Institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.