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

Hudson Pacific Properties (NYSE:HPP) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.150-1.210 for the period, compared to the consensus earnings per share estimate of 1.160.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HPP. Cantor Fitzgerald upped their target price on shares of Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hudson Pacific Properties in a research report on Wednesday, August 26th. Piper Sandler downgraded Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and cut their price target for the company from $15.00 to $13.00 in a research note on Monday, October 19th. Zacks Research lowered Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. Finally, Mizuho boosted their price objective on Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Three research 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $15.27.

Hudson Pacific Properties Stock Performance

Shares of HPP opened at $8.76 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $475.50 million, a price-to-earnings ratio of -0.99, a PEG ratio of 0.65 and a beta of 2.02. The stock has a 50 day moving average of $11.44 and a 200 day moving average of $10.90. Hudson Pacific Properties has a 12 month low of $5.26 and a 12 month high of $17.20.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of ($0.73) by $1.01. Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%. The business had revenue of $180.89 million for the quarter, compared to analyst estimates of $181.62 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. As a group, sell-side analysts forecast that Hudson Pacific Properties will post 1.16 earnings per share for the current year.

Insider Activity

In other Hudson Pacific Properties news, Director Jon Bortz bought 25,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $13.40 per share, for a total transaction of $335,000.00. Following the purchase, the director directly owned 35,394 shares of the company’s stock, valued at approximately $474,279.60. This trade represents a 240.52% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.47% of the stock is currently owned by corporate insiders.

Key Stories Impacting Hudson Pacific Properties

Here are the key news stories impacting Hudson Pacific Properties this week:

• Positive Sentiment: Third-quarter FFO was $0.28 per share, topping the $0.25 consensus estimate and matching the year-ago quarter. Hudson Pacific tops Q3 FFO estimates
• Neutral Sentiment: Hudson Pacific maintained its FY 2026 EPS guidance range of $1.15–$1.21, broadly in line with the $1.16 analyst consensus. Q3 and nine-month earnings results
• Negative Sentiment: The company posted a $218 million net loss, due in part to losses from office property sales. Revenue of $180.89 million also came in slightly below the $181.62 million consensus estimate, raising concerns despite the FFO beat. Hudson Pacific posts loss, partly due to office sales

About Hudson Pacific Properties

Hudson Pacific Properties, Inc is a real estate investment trust that owns, operates and develops office and studio properties in major technology, media and entertainment markets. The company’s portfolio is focused primarily on the West Coast of the United States and Vancouver, Canada, with properties designed for businesses in the technology, media and creative industries.

Hudson Pacific’s office business includes creative office campuses and traditional office buildings that it leases to companies across sectors such as technology, entertainment and professional services.