HPP · Hudson Pacific Properties, Inc.
Market Cap
$736.06M
Shares
54.24M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$13.14
Open$13.43
Day$13.12–13.80
Since split$5.51–16.91
Avg vol 30d705K
Short int6.7M · 12.3% float · 6.8d
Short vol47%
Last earningsAug 5, 2026
DataDec 2025–Aug 2026
Filing10-Q · Aug 10
Raw chart and full-history price indicators begin at the captured split on Dec 2, 2025; bars on opposite sides are not compared.
The closing range begins at the captured split on Dec 2, 2025.
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 10, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Sell
Momentum
Strong
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 14.4 · calm
Equity put/call 0.39
Technical
price trend
50 / 200-day cross
No cross
Price vs 50-day avg
−11%
below
RSI (14)
41
neutral
MACD trend
Negative
52-week position
67%
mid-range
Momentum
relative strength
1-month return
−5%
trailing
6-month return
+92%
trailing
YTD return
+21%
this year
Relative strength
+78%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50/200-day averages unavailable
Institutional flow
Distributing
-1% holders QoQ · +38 funds added
Insider flow
Accumulating
Net +$335.0K over 90 days · 0% sells
Short interest
Falling
12.32% of float · ▼ -5.9% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
195 holders — near 3-yr low, contrarian setup
Squeeze score
58
elevated · 0–100
Fundamentals
Revenue growth
−1%
Y/Y
Gross margin
49%
expanding
EPS growth
+29%
Y/Y
Buyback
$35.3M
remaining
Balance sheet
$2.6B
net debt
Quant / Vol
risk profile
Volatility
74%
annualized · 1-yr
Max drawdown
−61%
past year
ATR
6.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 5, 2026
full-year 2026
Core FFO
Non-GAAP
Initiated
$1.12 – $1.20
Full-Year 2026
Average in-service office occupancy
Maintained
80% – 82%
May 7, 2026
80% – 82%
changed to
Aug 5, 2026
80% – 82%
Growth in same-store cash NOI
Initiated
-1.75% – -0.75%
Prior guidance
period ended
· from the 8-K filed Nov 5, 2025
FFO
· fourth quarter
$0.01 – $0.05
Growth in same-store property cash NOI
· Full Year 2025
-12.5% – -11.5%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 50-day avg
−11%
Bearish
RSI (14)
41
Neutral
MACD trend
Negative
Bearish
52-week position
67%
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50/200-day averages unavailable
Institutional flow
Distributing
-1% holders QoQ · +38 funds added
Insider flow
Accumulating
Net +$335.0K over 90 days · 0% sells
Short interest
Falling
12.32% of float · ▼ -5.9% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
195 holders — near 3-yr low, contrarian setup
Price context
position in its range since split · 2025-12-02
Range low $6
Now $13 · 67%
Range high $17
vs 50-day avg -11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Non-same-store NOI non-GAAP | -$7.18M | Three Months Ended June 30, 2026 filing | — |
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| Office NOI non-GAAP | $83.59M | Three Months Ended June 30, 2026 filing | — |
| Same-store NOI percentage change non-GAAP | 9% | Three Months Ended June 30, 2026 as compared to Three Months End filing | — |
| Same-store office Average % occupied for the period | 79.8% | Three Months Ended June 30, 2026 filing | — |
| Same-store office Average annual rental rate per square foot | $56.78 | Three Months Ended June 30, 2026 filing | — |
| Same-store office Ending % leased | 81.3% | Three Months Ended June 30, 2026 filing | — |
| Same-store office Ending % occupied | 81% | Three Months Ended June 30, 2026 filing | — |
| Same-store office Number of properties | 37 | Three Months Ended June 30, 2026 filing | — |
| Same-store office Rentable square feet | 11,262,603 | Three Months Ended June 30, 2026 filing | — |
| Same-store studio Average % leased for the period | 83.5% | Three Months Ended June 30, 2026 filing | — |
| Same-store studio Number of properties | 3 | Three Months Ended June 30, 2026 filing | — |
| Same-store studio Rentable square feet | 1,204,939 | Three Months Ended June 30, 2026 filing | — |
| Studio NOI non-GAAP | $1.04M | Three Months Ended June 30, 2026 filing | — |
| Adjusted EBITDAre non-GAAP | 77.07M | Three Months Ended 6/30/26 | — |
GAAP → non-GAAP reconciliationGAAP EBITDAre 19.27M
+1.53M Share/unit-based compensation expense
-4.34M Straight-line rent receivables, net
-992K Non-cash amortization of above/below-market leases, net
+640K Non-cash amortization of above/below-market ground leases, net
+3.67M Amortization of lease incentive costs
+682K Transaction-related expenses
+840K Unrealized loss (gain) on non-real estate investments
+0K Loss on debt extinguishment
+0K Loss on sale of real estate, net
+50.44M Impairment loss
+4.92M Loss on lease terminations and other
+394K Income tax provision
+29K Other adjustments related to unconsolidated real estate entities
= Adjusted EBITDAre 77.07M
|
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| Adjusted EBITDAre (excluding non-core adjustments) non-GAAP | 78.44M | Three Months Ended 6/30/26 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted EBITDAre 77.07M
+1.37M Prior period property tax refund and non-core Quixote Studios & Services
= Adjusted EBITDAre (excluding non-core adjustments) 78.44M
|
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| AFFO non-GAAP | -14.29M | Six Months Ended 6/30/26 | — |
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| AFFO per common stock/unit—diluted non-GAAP | -$0.22 | Six Months Ended 6/30/26 | — |
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| Annualized office adjusted EBITDAre non-GAAP | 289.34M | Three Months Ended 6/30/26 | — |
| Cash rents change on new leases signed | 11.4% | Q2 2026 | — |
| Core FFO non-GAAP | 39.68M | Six Months Ended 6/30/26 | — |
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| Core FFO per common stock/unit—diluted non-GAAP | $0.6 | Six Months Ended 6/30/26 | — |
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| Core FFO per diluted share non-GAAP | $0.35 | Q2 2026 | — |
| FFO per common stock/unit—diluted non-GAAP | $0.51 | Six Months Ended 6/30/26 | — |
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| FFO to common stock/unit holders non-GAAP | 33.61M | Six Months Ended 6/30/26 | — |
| GAAP rents change on new leases signed | 17.2% | Q2 2026 | — |
| HPP's share adjusted NOI non-GAAP | 144.6M | Six Months Ended 6/30/26 | — |
| HPP's share cash adjusted EBITDAre non-GAAP | 244.95M | Three Months Ended 6/30/26 | — |
| HPP's share debt, net/HPP's share undepreciated book value non-GAAP | 32.4% | As of June 30, 2026 | — |
| HPP's share NOI non-GAAP | 141.05M | Six Months Ended 6/30/26 | — |
| HPP's share undepreciated book value non-GAAP | 8.48B | 6/30/26 | — |
GAAP → non-GAAP reconciliationGAAP Total assets 7.17B
+2.16B Accumulated depreciation
+218.37M Accumulated amortization
-1.2B Partners' share consolidated undepreciated book value
-250.6M Investment in unconsolidated real estate entities
+379.46M HPP's share unconsolidated undepreciated book value
= HPP's share undepreciated book value 8.48B
|
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| In-service office % leased | 82.8% | Three Months Ended 6/30/26 | — |
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| In-service office % occupied | 82.5% | Three Months Ended 6/30/26 | — |
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| In-service office portfolio leased rate | 82.8% | Q2 2026 | — |
| In-service office portfolio occupancy | 82.5% | Q2 2026 | — |
| In-service office square feet | 12,795,432 | Three Months Ended 6/30/26 | — |
|
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| In-service studio square feet | 1,680,023 | Three Months Ended 6/30/26 | — |
|
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| In-service studio stages leased (trailing 12-month basis) | 74.6% | Q2 2026 | — |
| In-service studio stages leased (trailing three-month basis) | 74.6% | Q2 2026 | — |
| In-service studio trailing 12-month stage % leased | 74.6% | Three Months Ended 6/30/26 | — |
| In-service studio trailing 3-month stage % leased | 74.6% | Three Months Ended 6/30/26 | — |
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| Net debt to undepreciated book value (HPP's share) | 32.4% | Q2 2026 | — |
| NOI non-GAAP | 164.95M | Six Months Ended 6/30/26 | — |
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| Number of office properties owned | 41 | Three Months Ended 6/30/26 | — |
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| Office % change in cash rent | -11.4% | Three Months Ended 6/30/26 | — |
| Office % change in GAAP rent | 17.2% | Three Months Ended 6/30/26 | — |
| Office adjusted EBITDAre non-GAAP | 72.34M | Three Months Ended 6/30/26 | — |
| Office leases executed | 1.3M | Q2 2026 | — |
| Office Leases executed (square feet) | 1,293,894 | Three Months Ended 6/30/26 | — |
| Office Net effective rent per square foot | $52.8 | Three Months Ended 6/30/26 | — |
| Office Weighted average lease term (in months) | 143.1 | Three Months Ended 6/30/26 | — |
| Same-store cash NOI non-GAAP | $90.2M | Q2 2026 | — |
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| Same-store cash NOI growth non-GAAP | 7.5% | Q2 2026 | — |
| Same-store expenses non-GAAP | 159.96M | Six Months Ended 6/30/26 | — |
| Same-store NOI non-GAAP | 178.94M | Six Months Ended 6/30/26 | — |
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| Same-store office Average % occupied | 77.5% | Six Months Ended 6/30/26 | — |
| Same-store office Square feet | 11,262,603 | Six Months Ended 6/30/26 | — |
| Same-store revenues non-GAAP | 338.9M | Six Months Ended 6/30/26 | — |
| Same-store studio Average stage % leased | 96.3% | Six Months Ended 6/30/26 | — |
| Same-store studio Average total % leased | 83.8% | Six Months Ended 6/30/26 | — |
| Same-store studio Square feet | 1,204,939 | Six Months Ended 6/30/26 | — |
| Studio In-service trailing 12-month stage % leased | 74.6% | Three Months Ended 6/30/26 | — |
| Studio In-service trailing 3-month stage % leased | 74.6% | Three Months Ended 6/30/26 | — |
| Total liquidity | $876.1M | Q2 2026 | — |
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| Total same-store cash NOI non-GAAP | 175.4M | Six Months Ended 6/30/26 | — |
| Total same-store NOI | 178.94M | Six Months Ended 6/30/26 | — |
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| Trailing 12-month studio cash NOI non-GAAP | 16.41M | Three Months Ended 6/30/26 | — |
| Undrawn capacity under unsecured revolving credit facility | $795.3M | As of June 30, 2026 | — |
| Unsecured revolving credit facility undrawn capacity | $795.25M | Three Months Ended 6/30/26 | — |
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| Weighted average effective interest rate | 4.9% | As of June 30, 2026 | — |
| Weighted average interest rate on debt | 4.9% | Q2 2026 | — |
| Weighted average years to maturity—HPP’s share secured and unsecured debt | 2.1 | Three Months Ended 6/30/26 | — |
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| % change in cash rent | -2.4% | Q1 2026 | — |
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| % change in GAAP rent | 1.8% | Q1 2026 | — |
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| Average stage % leased | 97% | Three Months Ended 3/31/26 | — |
| Average total % leased | 84.5% | Three Months Ended 3/31/26 | — |
| Cash same-store NOI growth | -7.4% | Q1 2026 | — |
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| GAAP same-store NOI growth | -4.9% | Q1 2026 | — |
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| Hollywood in-service studio stages leased | 97% | Q1 2026 | — |
| HPP's share of debt, net | 2.7B | As of March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Consolidated debt, net 3.2B
-504.29M Less: Partners' share of debt, net
= HPP's share of debt, net 2.7B
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| HPP's share of debt, net/HPP's share of undepreciated book value | 31.9% | As of March 31, 2026 | — |
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| In-service % leased | 78.4% | Q1 2026 | — |
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| In-service % occupied | 77.8% | Q1 2026 | — |
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| In-service trailing 12-month stage % leased | 72.5% | Q1 2026 | — |
| In-service trailing 3-month stage % leased | 72.8% | Q1 2026 | — |
| Leases executed (square feet) | 554,021 | Q1 2026 | — |
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| Net effective rent per square foot | $43.14 | Q1 2026 | — |
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| Same-store office NOI | 79.91M | Three Months Ended 3/31/26 | — |
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| Same-store office NOI (cash basis) | 77.32M | Three Months Ended 3/31/26 | — |
| Same-store studio NOI | 7.43M | Three Months Ended 3/31/26 | — |
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| Same-store studio NOI (cash basis) | 7.92M | Three Months Ended 3/31/26 | — |
| Total same-store NOI (cash basis) | 85.24M | Three Months Ended 3/31/26 | — |
| Weighted average lease term (in months) | 58.2 | Q1 2026 | — |
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| FFO (excluding specified items) per common stock/unit—diluted non-GAAP | $1.13 | Year Ended 12/31/25 | — |
| FFO, excluding specified items non-GAAP | $13.6M | Q4 2025 | — |
| In-service office portfolio leased | 77% | Q4 2025 | — |
| In-service office portfolio occupied | 76.3% | Q4 2025 | — |
| In-service stage % leased | 69.1% | Q4 FY2025 | — |
| In-service studio % leased | 67.1% | Three Months Ended 12/31/25 | — |
| In-service studio portfolio leased (trailing 12 months) | 67.1% | Q4 2025 | — |
| In-service total % leased | 67.1% | Q4 FY2025 | — |
| Specified items non-GAAP | $213.6M | Q4 2025 | — |
| Stages leased (trailing 12 months) | 69.1% | Q4 2025 | — |
| Total liabilities to total asset value non-GAAP | 43.1% | As of December 31, 2025 | — |
| Unsecured indebtedness to unencumbered asset value non-GAAP | 36.4% | As of December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Office — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HPP
this stock
Hudson Pacific Properties, Inc.
|
$736.06M | +21.3% | -1.3% | — | 12.3% |
|
BXP
BXP, Inc.
|
$11.28B | +2.7% | +2.2% | 38.0 | 6.5% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$9.23B | +5.4% | -2.9% | — | 3.9% |
|
VNO
Vornado Realty Trust
|
$7.13B | +14.8% | +1.3% | 1273.3 | 5.0% |
|
CUZ
Cousins Properties Inc
|
$4.85B | +14.2% | +16.0% | 737.3 | 6.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
Raw-price comparisons begin at the captured split on Dec 2, 2025; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HPP | -9.4% | -4.6% | +91.8% | -4.6% | +21.3% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -9.9% | -7.6% | +78.4% | -7.6% | +8.5% |
Capital returns
Latest dividend
$0.35
/ share · ex Jun 17, 2024
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback program
· as of Jun 30, 2026
Authorized
$250.00M
Spent (derived)
$214.70M
Remaining
$35.30M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1482512
CUSIP
444097406
13F (30d)
162 filings
159 filers
Visit website
Investor relations