Streetbeat News

HPP

Hudson Pacific Properties, Inc.

https://www.hudsonpacificproperties.com

Industry

REIT - Office

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.

Open

3.22

Mkt cap

431M

Volume

3.7M

High

3.24

P/E Ratio

-1.46

52-wk high

9.86

Low

3.04

Div yield

0.03

52-wk low

3.04

Hudson Pacific Properties, Inc. (HPP) held its Q3 2024 earnings call, discussing financial performance and company updates. Key executives and analysts participated in the call, providing insights into the company's operations and future outlook.

Portfolio Pulse from

November 13, 2024 | 3:00 am

Hudson Pacific (HPP) released its Q3 earnings, providing insights into its revenue and EPS performance for the quarter ending September 2024. The report highlights the importance of comparing these metrics with Wall Street estimates and previous year figures.

Portfolio Pulse from

November 13, 2024 | 12:45 am

Hudson Pacific Properties (HPP) reported Q3 funds from operations (FFO) of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This is a decrease from $0.18 per share a year ago.

Portfolio Pulse from

November 13, 2024 | 12:15 am

Hudson Pacific (HPP) is preparing to release its Q3 earnings for the quarter ended September 2024. Investors are advised to look beyond the typical revenue and EPS estimates to gain a deeper understanding of the company's performance by examining other key metrics.

Portfolio Pulse from

November 08, 2024 | 3:30 pm

Hudson Pacific Properties (NYSE:HPP) has received mixed analyst ratings over the past three months, with a majority being indifferent. Analysts have lowered their price targets, reflecting concerns over the company's financial performance, including declining revenues and profitability challenges. The average price target has decreased from $6.38 to $5.31.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 4:00 pm

Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Hudson Pacific Properties (NYSE:HPP) but has lowered the price target from $5 to $4.5.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:37 pm

Hudson Pacific Properties has suspended its common stock dividend to preserve capital amid challenging market conditions, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:12 pm

Hudson Pacific Properties has suspended its common stock dividend to preserve capital amid challenging conditions, while declaring a $0.296875/share dividend on its 4.750% Series C cumulative preferred stock.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:07 pm

Analysts have varied ratings for Hudson Pacific Properties (NYSE:HPP), with recent adjustments showing a decrease in average price targets. The company's financials reveal challenges, including a decline in revenue and profitability metrics below industry standards.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:01 pm

Scotiabank analyst Nicholas Yulico has maintained a Sector Perform rating on Hudson Pacific Properties (NYSE:HPP) but has lowered the price target from $7 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:40 pm

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