Hudson Pacific Properties, Inc. [HPP] Stock Forecast

The REIT sector gave up most of January's big gains in February with a -6.18% total return. Small cap (-7.42%) and mid cap (-6.05%) REITs fell the furthest in February, with micro caps (-5.15%) and large caps (-4.74%) seeing smaller declines.

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

For example, the recent HPP share price of $7.75 represents a price-to-book ratio of 0.4 and an annual dividend yield of 12.90%

Hudson Pacific is paying out a 10.9% yield to its common shareholders. This has remained constant since 2017 and is supported by a 56.5% payout ratio.

We're approaching the halfway point of another consequential real estate earnings season with roughly 40 equity REITs and 15 mortgage REITs representing 50% of the total market capitalization reporting results. Results thus far have modestly exceeded expectations. Of the 36 REITs that provide guidance, 20 (56%) reported 2022 Funds From Operations ("FFO") above their prior guidance while 3 (8%) missed.

Hudson Pacific Properties, Inc. (NYSE:HPP ) Q4 2022 Results Conference Call February 9, 2023 2:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - CEO, Chairman Harout Diramerian - CFO Arthur Suazo - EVP, Leasing Mark Lammas - President Jeff Stotland - EVP, Global Studios Conference Call Participants Michael Griffin - Citi Alexander Goldfarb - Piper Sandler Dave Rodgers - Baird Dylan Burzinski - Green Street John Kim - BMO Nick Yulico - Scotiabank Ronald Camden - Morgan Stanley Vikram Malhotra - Mizuho Young Ku - Wells Fargo Operator Good morning, and welcome to the Hudson Pacific Properties Fourth Quarter 2022 Conference Call. [Operator Instructions].

Hudson Pacific (HPP) delivered FFO and revenue surprises of -2% and 0.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Office REITs were battered by the pandemic, and some are offering attractive yields. 2022 was supposed to be a year of recovery for office REITs but that hasn't materialized.

LOS ANGELES--( BUSINESS WIRE )--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release fourth quarter financial results after the market closes on Wednesday, February 8, 2023. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Thursday, February 9, 2023.

U.S. equity markets rallied on the first week of the year after employment data showed strong job growth alongside a cool down in wage pressures, reviving hopes of a 'soft landing'. After posting declines of nearly 20% in 2022, the S&P 500 advanced 1.5% on the week- snapping a three-week skid- while the domestic-focused Mid-Cap 400 and Small-Cap 600 gained 2.5%.

Hudson Pacific Properties, Inc. is a US stock , located in Los angeles of Ca and trading under the symbol HPP

12 stock analysts have 12 predictions with a medium analyst target price of $18. The lowest prediction is $10 and the highest is $28

Hudson Pacific Properties, Inc. stock price is $5.73 today.

Yes, Hudson Pacific Properties, Inc. is a publicly traded company.