Hudson Pacific Properties Inc (NYSE:HPP) has a beta value of 1.33 and has seen 0.54 million shares traded in the recent trading session. The company, currently valued at $429.03M, closed the recent trade at $2.96 per share which meant it gained $0.01 on the day or 0.20% during that session. The HPP stock price is -125.34% off its 52-week high price of $6.67 and 19.26% above the 52-week low of $2.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.76 million shares traded. The 3-month trading volume is 2.80 million shares.
The consensus among analysts is that Hudson Pacific Properties Inc (HPP) is Hold stock at the moment, with a recommendation rating of 2.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 9 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Hudson Pacific Properties Inc (NYSE:HPP) trade information
Sporting 0.20% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HPP stock price touched $2.96 or saw a rise of 9.48%. Year-to-date, Hudson Pacific Properties Inc shares have moved -2.45%, while the 5-day performance has seen it change 1.23%. Over the past 30 days, the shares of Hudson Pacific Properties Inc (NYSE:HPP) have changed -4.65%. Short interest in the company has seen 18.2 million shares shorted with days to cover at 6.32.
Wall Street analysts have a consensus price target for the stock at $6.85, which means that the shares’ value could jump 56.79% from the levels at last check today. The projected low price target is $2.7 while the price target rests at a high of $11.0. In that case, then, we find that the latest price level in today’s session is -271.62% off the targeted high while a plunge would see the stock lose 8.78% from the levels at last check today.
Hudson Pacific Properties Inc (HPP) estimates and forecasts
The company’s shares have lost -36.98% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -3.13%.
4 analysts offering their estimates for the company have set an average revenue estimate of 199.95M for the current quarter. 4 have an estimated revenue figure of 200.42M for the next ending quarter. Year-ago sales stood 214.02M and 218M respectively for this quarter and the next, and analysts expect sales will shrink by -6.58% for the current quarter and -3.13% for the next. Earnings growth for 2025 is a modest 38.11% while over the next 5 years, the company’s earnings are expected to increase by 21.25%.
HPP Dividends
Hudson Pacific Properties Inc is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.03 at a share yield of 1.13%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 6.44%.
Hudson Pacific Properties Inc (NYSE:HPP)’s Major holders
Insiders own 3.38% of the company shares, while shares held by institutions stand at 105.73% with a share float percentage of 109.42%. Investors are also buoyed by the number of investors in a company, with Hudson Pacific Properties Inc having a total of 307.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 27.23 million shares worth more than $130.97 million. As of 2024-06-30, BLACKROCK INC. held 19.2859% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 21.04 million shares as of 2024-06-30. The firm’s total holdings are worth over $101.22 million and represent 14.9112% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Oct 31, 2024, the former fund manager holds about 3.54% shares in the company for having 5.01 shares of worth $14.88 million while later fund manager owns 4.45 shares of worth $13.2 million as of Dec 31, 2024, which makes it owner of about 3.14% of company’s outstanding stock.
