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HPP · Hudson Pacific Properties, Inc.

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$8.86 +0.06 (+0.68%) At close · Nov 13
Market Cap
$480.58M
Shares
54.24M
Volume · Nov 13 574.18K Avg daily vol (3M) 740.75K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$8.86 Open$9.42 Day$8.65–9.44 52W close$5.51–16.91 Avg vol 30d888K Short int6.2M · 11.5% of shares · 6.8d Short vol28% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 6

Up next

Feb 25, 2027 Est · unconfirmed · in 15 wks

Latest documents

2026
Nov 6
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Net loss expands 54.2% to $222.2 million

Hudson Pacific Properties, Inc. reported a $78.1 million, or 54.2%, increase in net loss to $222.2 million for the three months ended September 30, 2026; same-store NOI increased $6.7 million.

Revenue $180.89M ▼ 3.1% Net loss $222.2M Diluted EPS -$3.38
Read from the MD&A section
3 source passages
This Quarterly Report on Form 10-Q of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. represents an update to the more detailed and comprehensive disclosures included in the 2025 Annual Report on Form 10-K of Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. Net loss increased $78.1 million, or 54.2%, to $222.2 million for the three months ended September 30, 2026 compared to $144.1 million for the three months ended September 30, 2025. a $6.7 million increase in same-store NOI driven by: Open the document at this passage
Nov 5
Earnings call
Raises outlook as occupancy reaches 85.6%, liquidity $840 million

Hudson Pacific raised 2026 core FFO guidance to $1.15 to $1.21 per diluted share as office occupancy reached 85.6% and same-store cash NOI grew 8%. Proforma liquidity was $840 million, while debt fell 14% year over year.

6 source passages
This was another quarter of steady progress for Hudson Pacific. We signed 534,000 square feet of new and renewal office leases, and our in-service office occupancy grew for the fifth consecutive quarter, approaching 86%. Together with improved studio performance, that contributed to growth of 8% in same-store cash NOI and a core FFO per share year-over-year, and we're once again raising our full-year outlook. Our in-service occupancy increased 310 basis points sequentially to 85.6%, our fifth consecutive quarter of gains. Wrapping up our 2026 outlook, we're increasing and narrowing our full-year core FFO to a range of $1.15 to $1.21 per diluted share, up from the prior range of $1.12 to $1.20. Proforma liquidity is $840 million, consisting of $75 million of unrestricted cash and $765 million of revolver availability, which includes $333 million of commitments expiring this December. Proforma for these transactions, HPP's share of debt is $2.7 billion, a reduction of $425 million, or 14% from a year ago. Open the document at this passage
Nov 5
Current report 8-K
Occupancy grows as full-year Core FFO guidance raised

Hudson Pacific Properties reported fifth-quarter office occupancy growth to 85.6%, executed 533,708 square feet of leases, and raised full-year 2026 Core FFO guidance to $1.15 to $1.21 per diluted share from $1.12 to $1.20.

Financial results, Regulation FD disclosure Read from the first part of this long document
4 source passages
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP") today announced financial and operating results for the third quarter 2026. Executed 74 leases totaling 533,708 square feet (49% new / 51% renewal) In-service office portfolio occupancy improved for the fifth consecutive quarter to 85.6% (up 310 basis points sequentially) and leased rate rose to 86.1% (up 330 basis points sequentially) Hudson Pacific is increasing and narrowing its full-year 2026 Core FFO outlook to $1.15 to $1.21 per diluted share, from the prior range of $1.12 to $1.20. Open the document at this passage
Oct 5
Current report 8-K
Regulation FD disclosure

Hudson Pacific Properties commenced a cash tender offer for up to $200,000,000 of its 3.950% Senior Notes due 2027 and 5.950% Senior Notes due 2028, targeting $100,000,000 of each series. The offer expires October 9, 2026, with settlement anticipated October 14, 2026.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$807.07M
Trailing 12 months
Net income (TTM)
−$657.97M
Trailing 12 months
Revenue growth YoY
-3.1%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.1%
Year over year · more shares
Price change (1Y)
—
Trailing year
Short interest
11.5%
Latest settlement · 6.8 days to cover
View all 125 metrics

AI Brief

Q3 FY26 earnings call · Nov 5, 2026
Q3 FY26

TL;DR. Hudson Pacific raised 2026 Core FFO guidance, delivered growth in Core FFO per share, same-store cash NOI, office leasing and occupancy, improved studio performance, maintained a large leasing pipeline, reduced debt, preserved liquidity, extended a major loan maturity, and secured residential conversion entitlements. The quarter nevertheless included a wider net loss, lower revenue, negative AFFO, depressed Los Angeles production, higher leverage, and ongoing financing and disposition-timing needs.

Bullish
  • + Full-year 2026 Core FFO guidance was raised and narrowed to $1.15-$1.21 per diluted share from $1.12-$1.20.
  • + The leasing pipeline remained above 2 million square feet, with more than 1 million square feet in advanced stages, nearly twice the prior-year level. new
  • + Studio performance improved, with HPP’s share of core studio NOI rising to $4.3 million from $2.2 million in the prior quarter and negative $2.5 million a year earlier. new
Bearish
  • − Net loss attributable to common stockholders widened to $218.1 million, or $3.38 per diluted share, from $136.5 million, or $2.12 per diluted share. new
  • − Total revenue declined to $180.9 million from $186.6 million, primarily because of asset dispositions.
  • − AFFO fell to negative $5.1 million, or negative $0.08 per diluted share, from positive $12.3 million, or $0.19 per diluted share, reflecting higher lease-up capital expenditures. new
  • − Los Angeles on-location shoot days remained depressed, down 5% year over year and 29% below the five-year average. new
  • − HPP’s share of debt to cash-adjusted EBITDAre increased to 11.8x from 11.5x a year earlier. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Very Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −19%
below
Price vs 50-day avg −19%
below
RSI (14) 39
neutral
MACD trend Negative
52-week position 29%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −14%
trailing
6-month return −24%
trailing
YTD return −18%
this year
Relative strength −25%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $11 › 200d $11 — 50d above 200d
Institutional flow Accumulating
167 of 196 funds reported for Sep 30 · net +341.4K sh shares · +24 new
Insider flow Accumulating
Net +$905.8K over 90 days · 0% sells
Short interest Falling
11.50% of shares out · ▼ -4.2% MoM · 6.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr low
196 holders — near 3-yr low, contrarian setup
Squeeze score 61
elevated · 0–100
Fundamentals
Strong
Revenue growth −1%
Y/Y
Gross margin 49%
expanding
EPS growth +29%
Y/Y
Buyback $35.3M
remaining
Quant / Vol
risk profile
Very High
Volatility 74%
annualized · 1-yr
Max drawdown −62%
past year
ATR 9.0%
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 Earnings Call filed Aug 5, 2026
Core FFO per diluted share · full year 2026 Non-GAAP Raised $1.12 – $1.20
May 7, 2026 $1.10 – $1.18 changed to Aug 5, 2026 $1.12 – $1.20
Previous outlook earlier release · from the 8-K filed May 7, 2026

Still-open targets the latest release did not restate under the same label.

Core FFO · full-year 2026 $1.10 – $1.18

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−19% Bearish
Price vs 50-day avg
−19% Bearish
RSI (14)
39 Neutral
MACD trend
Negative Bearish
52-week position
29% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $11 › 200d $11 — 50d above 200d
Institutional flow Accumulating
167 of 196 funds reported for Sep 30 · net +341.4K sh shares · +24 new
Insider flow Accumulating
Net +$905.8K over 90 days · 0% sells
Short interest Falling
11.50% of shares out · ▼ -4.2% MoM · 6.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr low
196 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $6 Now $9 · 29% Range high $17
vs 200-day avg -19% vs 50-day avg -19%

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
Average % leased for the period 83.5% the three months ended June 30, 2026 filing —
Average % occupied for the period 79.8% the three months ended June 30, 2026 filing —
Average annual rental rate per square foot $56.78 the three months ended June 30, 2026 filing —
Ending % leased 81.3% the three months ended June 30, 2026 filing —
Ending % occupied 81% the three months ended June 30, 2026 filing —
Office NOI non-GAAP $83.59M the three months ended June 30, 2026 filing —
Same-store office average annual rental rate per square foot $56.78 the three months ended June 30, 2026 filing —
Same-store office ending % leased 81.3% the three months ended June 30, 2026 filing —
Same-store office ending % occupied 81% the three months ended June 30, 2026 filing —
Same-store studio average % leased for the period 83.5% the three months ended June 30, 2026 filing —
Same-store studio number of properties 3 the three months ended June 30, 2026 filing —
Studio NOI non-GAAP $1.04M the three months ended June 30, 2026 filing —
% change in cash rent -11.4% Three Months Ended 6/30/26 —
% change in GAAP rent 17.2% Three Months Ended 6/30/26 —
AFFO non-GAAP -14.29M Six Months Ended 6/30/26 —
AFFO per diluted share non-GAAP -$0.05 Q2 2026 —
Core FFO non-GAAP 39.68M Six Months Ended 6/30/26 —
Core FFO per diluted share non-GAAP $0.35 Q2 2026 —
FFO per diluted share non-GAAP $0.24 Q2 2026 —
FFO to common stock/unit holders non-GAAP 33.61M Six Months Ended 6/30/26 —
Hollywood studios stages leased 95.5% Q2 2026 —
HPP's share debt, net/HPP's share undepreciated book value non-GAAP 32.4% As of June 30, 2026 —
In-service office 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 —
In-service studio square feet 1,680,023 Three Months Ended 6/30/26 —
In-service studio stages leased (trailing 12-month) 74.6% Q2 2026 —
In-service studio stages leased (trailing three-month) 74.6% Q2 2026 —
Leases executed (square feet) 1,293,894 Three Months Ended 6/30/26 —
Leasing pipeline 2.4M Q2 2026 —
Net effective rent per square foot $52.8 Three Months Ended 6/30/26 —
NOI non-GAAP 84.62M Three Months Ended 6/30/26 —
GAAP → non-GAAP reconciliation
GAAP Net loss -104.69M
+959K Loss from unconsolidated real estate entities
-964K Fee income
+38.48M Interest expense
-566K Interest income
-1.1M Management services reimbursement income—unconsolidated real estate entities
+1.1M Management services expense—unconsolidated real estate entities
+682K Transaction-related expenses
+840K Unrealized loss (gain) on non-real estate investments
+0K Loss (gain) on sale of real estate, net
+50.44M Impairment loss
+0K Loss on extinguishment of debt
+4.92M Loss on lease terminations and other
+394K Income tax provision
+12M General and administrative
+82.13M Depreciation and amortization
= NOI 84.62M
Non-same-store NOI non-GAAP -7.18M Three Months Ended 6/30/26 —
Number of office properties owned 41 Three Months Ended 6/30/26 —
Office leases executed 1.3M Q2 2026 —
Same-store cash NOI non-GAAP $90.2M Q2 2026 —
Same-store cash NOI growth non-GAAP 7.5% Q2 2026 —
Same-store expenses non-GAAP 79.74M Three Months Ended 6/30/26 —
Same-store office average % occupied 79.8% Three Months Ended 6/30/26 —
Same-store office cash expenses non-GAAP 66.61M Three Months Ended 6/30/26 —
Same-store office cash revenues non-GAAP 149.23M Three Months Ended 6/30/26 —
Same-store office expenses non-GAAP 67.57M Three Months Ended 6/30/26 —
Same-store office number of properties 37 Three Months Ended 6/30/26 —
Same-store office revenues non-GAAP 152.02M Three Months Ended 6/30/26 —
Same-store office square feet 11,262,603 Three Months Ended 6/30/26 —
Same-store revenues non-GAAP 171.54M Three Months Ended 6/30/26 —
Same-store studio average stage % leased 95.5% Three Months Ended 6/30/26 —
Same-store studio average total % leased 83.1% Three Months Ended 6/30/26 —
Same-store studio cash expenses non-GAAP 12.2M Three Months Ended 6/30/26 —
Same-store studio expenses non-GAAP 12.16M Three Months Ended 6/30/26 —
Same-store studio revenues non-GAAP 19.52M Three Months Ended 6/30/26 —
Same-store studio square feet 1,204,939 Three Months Ended 6/30/26 —
Same-store studios cash revenues non-GAAP 19.73M Three Months Ended 6/30/26 —
Sunset Pier 94 Studios leased 78.5% Q2 2026 —
Total in-service office properties 38 Three Months Ended 6/30/26 —
Total in-service studio stages 45 Three Months Ended 6/30/26 —
Total liquidity $876.1M Q2 2026 —
Total same-store cash NOI non-GAAP 175.4M Six Months Ended 6/30/26 —
Total same-store NOI non-GAAP 178.94M Six Months Ended 6/30/26 —
Unsecured revolving credit facility undrawn capacity 795.25M Three Months Ended 6/30/26 —
Weighted average lease term (in months) 143.1 Three Months Ended 6/30/26 —
Weighted average years to maturity—HPP's share secured and unsecured debt 2.1 Three Months Ended 6/30/26 —

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
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
HPP
Hudson Pacific Properties, Inc.
this stock
$480.58M -18.2% -1.3% — 11.5%
BXP
BXP, Inc.
$10.18B -5.5% +2.2% 19.1 8.0%
ARE
Alexandria Real Estate Equities, Inc.
$7.64B -10.4% -2.9% — 3.7%
VNO
Vornado Realty Trust
$6.48B +4.3% +1.3% — 6.5%
CUZ
Cousins Properties Inc
$4.88B +15.0% +16.0% 329.3 8.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
205
% held
126.0%
Reported
167 of 196
Top holder
COHEN & STEERS, INC.
Held Float
View
Held by Funds
Fund positions
224
View
Short & Settlement
Short Interest Falling
Shares short
6.2M
Days to cover
6.8d
Change
-271.8K sh
View
Short Volume
Short vol %
28%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
365
Value
$4.2K
As of
Oct 8, 2026
View
Off-Exchange
Off-exchange %
35.3%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Cluster buy
Net (90d)
+$905.8K
Buyers / Sellers
3 / 0
Buyers Sellers
View
Congressional Trades Sell
Member
Daniel Goldman
Amount
$1.0K–$15.0K
Traded
Mar 6, 2023
View
Financials
Financials
Revenue (FY)
$831.1M
Net income (FY)
$-592.3M
EPS diluted
$-12.81
View
Buybacks
Authorized
$250.0M
Remaining
$35.3M
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 6, 2026
This year
16

Hudson Pacific Properties, Inc. reported a $78.1 million, or 54.2%, increase in net loss to $222.2 million for the three months ended September 30, 2026; same-store NOI increased $6.7 million.

View
Proposed Sales
Value
$49.4K
Shares
9.4K
Filed
Sep 27, 2024
View
Earnings & Events
Webcasts Upcoming
Next webcast
Dec 1, 2026
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Hudson Pacific Properties Reports…
Published
Nov 5, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
HPP +4.4% -14.0% -24.0% -15.9% -18.2%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +1.8% -12.8% -24.5% -15.8% -28.8%

Capital returns

Latest dividend
$0.35 / share · ex Jun 17, 2024
Cut 60%
Paid (TTM)
$0.00 / share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Full dividend history
Buyback program · as of Sep 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) 160 filings 140 filers Visit website Investor relations