Hudson Pacific Properties (NYSE:HPP – Get Free Report) 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 -.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on HPP shares. BTIG Research reaffirmed a “buy” rating and set a $26.00 price target on shares of Hudson Pacific Properties in a report on Wednesday, May 6th. BMO Capital Markets reissued a “market perform” rating and issued a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Monday, June 15th. The Goldman Sachs Group restated a “neutral” rating and set a $12.00 target price (up from $7.50) on shares of Hudson Pacific Properties in a research note on Tuesday, May 19th. Piper Sandler raised their price target on shares of Hudson Pacific Properties from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Finally, Bank of America reissued an “underperform” rating and set a $14.00 price objective on shares of Hudson Pacific Properties in a report on Tuesday, June 16th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Hudson Pacific Properties currently has a consensus rating of “Hold” and a consensus target price of $14.32.
View Our Latest Analysis on Hudson Pacific Properties
Hudson Pacific Properties Price Performance
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) EPS for the quarter, missing the consensus estimate of ($0.72) by ($0.90). The business had revenue of $188.30 million during the quarter, compared to analyst estimates of $181.80 million. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. Analysts forecast that Hudson Pacific Properties will post 1.14 EPS for the current year.
Trending Headlines about Hudson Pacific Properties
Here are the key news stories impacting Hudson Pacific Properties this week:
- Positive Sentiment: FFO and revenue exceeded expectations. Second-quarter Core FFO rose to $0.35 per diluted share from $0.27 a year earlier, beating the $0.28 consensus estimate. Revenue of $188.3 million also topped the $181.8 million analyst forecast. Hudson Pacific Properties Tops Q2 FFO and Revenue Estimates
- Positive Sentiment: Management raised its 2026 outlook. Hudson Pacific increased full-year Core FFO guidance to $1.12-$1.20 per share, above the prior consensus estimate of $1.05, signaling improved expectations for operating performance. Hudson Pacific Reports Q2 Revenue and Raises 2026 Outlook
- Positive Sentiment: Property fundamentals improved. The REIT executed 1.3 million square feet of office leases, lifted in-service office occupancy to 82.5%, and reported same-store cash net operating income growth of 7.5% to $90.2 million. Liquidity stood at $876.1 million at quarter-end. Hudson Pacific Properties Q2 Earnings Call Transcript
- Neutral Sentiment: Revenue was broadly stable year over year. Quarterly revenue declined modestly from $190.0 million to $188.3 million, suggesting the improved outlook is being driven more by FFO and operating efficiencies than by top-line growth.
- Negative Sentiment: GAAP results remained weak. Hudson Pacific posted a $104.7 million net loss, or a $1.62 per-share loss, compared with the $0.72 loss expected by analysts. The loss was wider than anticipated and net margin remained negative. Hudson Pacific Properties Earnings Results
Institutional Trading of Hudson Pacific Properties
Institutional investors and hedge funds have recently bought and sold shares of the stock. Strs Ohio bought a new position in shares of Hudson Pacific Properties during the first quarter valued at $73,000. Cetera Investment Advisers bought a new stake in Hudson Pacific Properties in the 2nd quarter worth about $62,000. Franklin Resources Inc. purchased a new position in Hudson Pacific Properties in the 3rd quarter worth about $55,000. Lonestar Capital Management LLC purchased a new position in Hudson Pacific Properties in the 3rd quarter worth about $51,000. Finally, Norinchukin Bank The bought a new position in Hudson Pacific Properties during the 3rd quarter valued at about $49,000. Institutional investors and hedge funds own 97.58% of the company’s stock.
Hudson Pacific Properties Company Profile
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.
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