Hudson Pacific Properties Inc (NYSE:HPP) price on current trading day, fall -1.01% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.94.
A look at the stock’s price movement, the close in the last trading session was $2.97, moving within a range at $2.8801 and $3.04. The beta value (5-Year monthly) was 1.333. Turning to its 52-week performance, $6.80 and $2.39 were the 52-week high and 52-week low respectively. Overall, HPP moved 0.34% over the past month.
Hudson Pacific Properties Inc’s market cap currently stands at around $426.74 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19. The company has a Forward Dividend ratio of 0.05, with its dividend yield at 1.70%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 199.95M for the company’s revenue for the quarter, with a low and high estimate of 197.34M and 203.2M respectively. The average forecast suggests down to a -6.58% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 811M, representing a -3.69% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HPP is a 75% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 7 analyst(s) rate the stock as a Hold, 2 recommend HPP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HPP’s current price about -2.08% and -1.94% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.57, while 7-day volatility ratio is 7.00% and 7.09% in the 30-day chart. Further, Hudson Pacific Properties Inc (HPP) has a beta value of 1.33, and an average true range (ATR) of 0.20. Analysts have given the company’s stock an average 52-week price target of $6.85, forecast between a low of $2.7 and high of $11. Looking at the price targets, the low is 8.16% off current price level while to achieve the yearly target high, price needs to move -274.15%. Nonetheless, investors will most likely welcome a -132.99% jump to $6.85 which is the analysts’ median price.
If we refocus on Hudson Pacific Properties Inc (NYSE:HPP), historical trading data shows that trading volumes averaged 2.64 over the past 10 days and 3.70 million over the past 3 months. The company’s latest data on shares outstanding shows there are 141.28 million shares.
The 3.41% of Hudson Pacific Properties Inc’s shares are in the hands of company insiders while institutional holders own 102.75% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 20.37 million on 2025-02-28, giving us a short ratio of 7.75. The data shows that as of 2025-02-28 short interest in Hudson Pacific Properties Inc (HPP) stood at 2354.9999999999995 of shares outstanding, with shares short rising to 19.65 million registered in 2025-01-31. Current price change has pushed the stock -2.97% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HPP stock continues to rise going into the next quarter.
