Is Hudson Pacific Properties Inc (NYSE: HPP) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call.

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Stocks Info

HPP belongs to the Real Estate sector of the NYSE while operating in the REIT – Office industry. The current market capitalization of Hudson Pacific Properties Inc is $877.70M. A total of 1.61 million shares were traded on the day, compared to an average of 2.69M shares.

In the most recent transaction, SHOLEM BARRY A bought 40,000 shares of HPP for 6.69 per share on Feb 22 ’24. After the transaction, the Director now owns 110,176 company shares. In a previous transaction on Feb 21 ’24, SHOLEM BARRY A bought 40,000 shares at 6.69 per share. HPP shares that Director owns now total 70,176.

Among the insiders who sold shares, Gordon Drew disposed of 10,000 shares on Feb 16 ’24 at a per-share price of $7.11. This resulted in the Chief Investment Officer holding 116,694 shares of HPP after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. HPP’s most recent ex-dividend date was 3/15/2024 when it declared a $0.05 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/16/2023. The HPP stock dividend was $0.1250 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HPP has a high of $9.85 and a low of $3.98.

As of this writing, HPP has an earnings estimate of -$0.46 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.44 per share and a lower estimate of -$0.48. The company reported an EPS of -$0.27 in the last quarter, which was 12.90% higher than expectations of -$0.31.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HPP’s latest balance sheet shows that the firm has $225.88M in Cash & Short Term Investments as of fiscal 2021. There were $4.22B in debt and $429.86M in liabilities at the time. Its Book Value Per Share was $18.81, while its Total Shareholder’s Equity was $4.33B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HPP is Buy with a score of 3.69.

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