HUDSON PACIFIC PROPERTIES REIT INC (HPP)
Real Estate · Office & Studio REIT · NYSE
A specialized REIT focused on high-quality office and studio properties in key tech and media-centric markets on the West Coast.
What HUDSON PACIFIC PROPERTIES REIT INC does
Hudson Pacific Properties is a real estate investment trust (REIT) that owns, operates, and develops office and studio properties in major West Coast technology and media hubs, including Los Angeles, the San Francisco Bay Area, Seattle, and Vancouver. The company focuses on sustainable Class-A office space and high-end film production studios, providing integrated real estate solutions for companies in the technology and entertainment industries. It also manages a portfolio of development projects and production services assets to support its studio operations.
Recent developments
The company raised its full-year 2026 Core FFO guidance range to $1.12–$1.20 per share following strong Q2 office leasing performance, which included a major 891,000-square-foot transaction with the City and County of San Francisco. It is also restructuring its Quixote production services business to focus on its vehicle fleet while winding down its leased stage and supply operations.
From HUDSON PACIFIC PROPERTIES REIT INC's filing of 2026-08-10.
Themes: office REIT, studio / media infrastructure, tech hubs / clusters, sustainable real estate, AI and technology growth
Fundamentals
- Price$11.88 as of 2026-10-08 close
- Market cap$644M as of 2026-05-01 (share count; price 2026-10-08)
- 1-year return-38.9% 2025-10-08 close $19.44 → 2026-10-08 close $11.88
- P/En/a negative earnings
- Net margin-71.3% FY2025, SEC XBRL
- Gross margin+48.5% FY2025, SEC XBRL
- ROE-18.8% FY2025, SEC XBRL
- Debt / equity1.17 as of 2026-09-03
- Revenue growth (YoY)-1.4% as of 2026-09-03
- Revenue CAGR (3y)-6.8% SEC XBRL
- Beta1.38 as of 2026-09-03
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.6%; pays a dividend.
How HPP compares in its sector
- net profit marginbottom 10% 154 covered Real Estate peers, as of 2026-09-03
- gross marginmiddle range 23 covered Real Estate peers, as of 2026-09-03
- return on equitybottom 10% 158 covered Real Estate peers, as of 2026-09-03
- 3-year revenue CAGRbottom 10% 155 covered Real Estate peers
- indicated dividend yieldbottom 25% 140 covered Real Estate peers, as of 2026-09-03
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, HPP's dividend was covered by reported results (operating-cash-flow payout 0%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings were not positive that year
- Operating-cash-flow payout0% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How HUDSON PACIFIC PROPERTIES REIT INC looks technically
HUDSON PACIFIC PROPERTIES REIT INC (HPP) is trading 10.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 69 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 4 trading days ago. It is 39.5% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 10.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +10.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $12.88 | $12.88 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $10.79 | $10.79 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 10.88. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 69 trading days ago — a "golden cross", a bullish long-term signal | 69 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with sellers in control | 27.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 47, neither overbought (above 70) nor oversold (below 30) | 47.4 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($10.88 to $12.43) — its "stochastic" reading is 65 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 64.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 13 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $19.65 | $19.65 |
|---|---|---|
| From the 52-week high | it is 39.5% below its 52-week high (its highest price of the past year) | -39.5% |
| Above the 52-week low | it is 125.9% above its 52-week low (its lowest price of the past year) | +125.9% |
| Below the 52-week high | it is 39.5% below its highest point of the past year | 39.5% |
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day low about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $271.40 (set on 2020-02-18) | $271.40 |
| Given back of the 52-week move | over the past year its closes ranged ($5.51 to $19.44), and it has recovered around half of its fall from last year’s high — 46% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $14.12 to $14.56. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 45.7% |
| From the all-time high | it is 95.6% below its all-time high | -95.6% |
| Nearest price level | it is trading 4.2% below a resistance level at $12.38 — a price it turned at three times since 2025-06-02, most recently on 2026-09-22. Since 2024-10-08 it has 3 such levels below the current price and 9 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +4.2% |
| All-time low | its lowest closing price on record is $5.26 (set on 2026-04-02) | $5.26 |
| Above the all-time low | it is 125.9% above its all-time low | +125.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move | 0th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.5542 between its high and its low — about 4.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.5542 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $11.14 and $12.18 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $11.14 – $11.66 – $12.18 |
| Typical daily range (% of price) | its price moves about 4.7% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.7% |
| Stretch from the 200-day average | it is trading 2.0 daily ranges above its 200-day average price (10.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.0 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.39× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 5 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 5 sessions ago |
|---|---|---|
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
| Since a bearish engulfing | 6 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 6 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.2% |
|---|---|---|
| Open gap | it gapped 5.2% below the previous close 22 sessions ago and has not traded back through the level it left behind at 12.61 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -5.2% |
| Gap filled | a 2.3% gap up opened on 2026-10-02 has been "filled" 4 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 4 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 3 sessions in a row, a +5.6% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 3 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.3 percentage points (the stock lost 2.3% while the market gained 1.0%) | -3.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 26.3 percentage points (the stock lost 22.5% while the market gained 3.8%) | -26.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 81.2 percentage points (the stock gained 98.7% while the market gained 17.5%) | +81.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 53.9 percentage points (the stock lost 38.9% while the market gained 15.0%) | -53.9% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 15% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 7.5% of the share price. | -14.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 18% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $10.06 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +18.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% below the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is under water. That average is $12.81 — a volume-weighted average of daily closes over 46 sessions, not a true tick-by-tick VWAP. | -7.3% |
Price levels it has turned at before
HPP last closed at $11.88 on 2026-10-08. Since 2024-10-08 it has turned at 3 prices below its last close and 9 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $12.38 | Resistance | 4.2% above the last close | turned there three times · 2025-06-02 to 2026-09-22 |
| $10.95 | Support | 7.8% below the last close | turned there twice · 2026-09-16 to 2026-10-01 |
| $9.95 | Support | 16.3% below the last close | turned there twice · 2025-12-24 to 2026-04-28 |
| $15.03 | Resistance | 26.5% above the last close | turned there twice · 2025-12-02 to 2026-08-25 |
| $15.72 | Resistance | 32.3% above the last close | turned there three times · 2026-06-11 to 2026-08-06 |
| $5.29 | Support | 55.4% below the last close | turned there twice · 2026-03-25 to 2026-04-02 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $10.88.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · beating the market · Under water since its last earnings report (below the anchored VWAP) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.50 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
- Mean price target$16.82 range $9.00 – $26.00; median $15.00
Analyst estimates, as of 2026-10-09. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Sensitivity to economic downturns and fluctuations in the office and commercial real estate market.","Dependency on key tech and media sector tenants and their leasing requirements.","Interest rate volatility and the potential inability to refinance debt or maintain compliance with financing covenants."]
What changed in the latest 10-Q
AI-assisted comparison of HPP's 10-Q filed 2026-05-08 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-08) reflects portfolio data as of March 31, 2026 instead of September 30, 2025
- Newer filing shows office portfolio of approximately 13.9 million square feet vs. 14.2 million in older filing
- Newer filing presents office same-store properties at 37 properties vs. 39 in older filing
- Newer filing shows office same-store percent occupied at 75.9% vs. 74.0% in older filing
- Newer filing shows office same-store percent leased at 76.2% vs. 74.7% in older filing
- Newer filing shows total in-service office at 38 properties vs. 40 in older filing
- Newer filing shows total in-service office at 12,904,790 rentable square feet vs. 13,454,547 in older filing
- Newer filing shows total in-service office percent occupied at 77.8% vs. 75.9% in older filing
- Newer filing shows total in-service office percent leased at 78.4% vs. 76.5% in older filing
- Removed:
- Removed statement from older filing (2025-11-06): 'As of September 30, 2025, our in-service office portfolio was 76.5% leased (including leases not yet commenced). Our same-store studio properties were 75.9% leased for the average percent leased for the 12 months ended September 30, 2025.'
- Removed incomplete studio metrics from older filing (annualized base rent per square foot for same-store studio properties shown as '$4' in truncated text)
- Reworded:
- Date reference changed from 'September 30, 2025' to 'March 31, 2026' throughout the Executive Summary section
- Notes:
- Older filing text appears truncated at studio metrics section, limiting full comparison of all portfolio details
- Changes reflect sequential quarterly reporting periods rather than policy or disclosure modifications
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-041 buy ($335000) · 0 sells — 1 buying insider
- Last 180 days · read to 2026-10-041 buy ($335000) · 0 sells — 1 buying insider
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-11. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about HPP's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
HPP had 6,713,818 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
HPP had 12.4% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 9.95 days to cover at the same settlement.
- Reported short interest (shares) 6,713,818
- Short interest (% of shares outstanding) 12.4%
- Prior settlement (shares) 6,351,508
- Reported change 5.7%
- Days to cover (reported) 9.95
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Kilroy Realty (KRC)
- Boston Properties (BXP)
- Douglas Emmett (DEI)
- Hackman Capital Partners
- The Blackstone Group (BX)
- Vornado Realty Trust (VNO)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare HPP vs…
Frequently asked questions
What does HUDSON PACIFIC PROPERTIES REIT INC (HPP) do?
Hudson Pacific Properties is a real estate investment trust (REIT) that owns, operates, and develops office and studio properties in major West Coast technology and media hubs, including Los Angeles, the San Francisco Bay Area, Seattle, and Vancouver. The company focuses on sustainable Class-A office space and high-end film production studios, providing integrated real estate solutions for companies in the technology and entertainment industries.
What sector is HUDSON PACIFIC PROPERTIES REIT INC (HPP) in?
HUDSON PACIFIC PROPERTIES REIT INC (HPP) is classified in the Real Estate sector. Its industry is Office & Studio REIT. It trades on NYSE.
Does HPP pay a dividend?
Yes — HUDSON PACIFIC PROPERTIES REIT INC (HPP) pays a dividend, with an indicated yield of about 2.62% (market data, as of 2026-09-03). Informational only — not financial advice.
Who are HUDSON PACIFIC PROPERTIES REIT INC's (HPP) competitors?
Notable peers of HUDSON PACIFIC PROPERTIES REIT INC (HPP) include Kilroy Realty, Boston Properties, Douglas Emmett, Hackman Capital Partners and The Blackstone Group. This peer set is informational only — not financial advice.
Is HUDSON PACIFIC PROPERTIES REIT INC (HPP) overbought or oversold right now?
HUDSON PACIFIC PROPERTIES REIT INC (HPP) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 47, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on HPP come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.