Stocks · Real Estate · REIT - Office
Hudson Pacific Properties, Inc. HPP
$11.48 +0.53% Close, Oct 2, 2026 · NYSE · Market cap $622.7M
High risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to -0.3% from -12.8% a year earlier.
- The diluted share count rose 122.7% in a year.
- The stock is in an uptrend: above its 200-day average for 86 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 34%
- FCF growth (TTM, YoY)Top 16%
- Revenue growth, 3-year CAGRBottom 9%
- Revenue growth accelerationTop 20%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 17%
- Gross marginBottom 36%
- Operating marginBottom 11%
- Accruals (lower is better)Top 9%
- Interest coverBottom 12%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 3%
- Free-cash-flow yieldTop 12%
- EBITDA / enterprise valueBottom 6%
- Sales / enterprise valueTop 25%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 11%
- 6-month returnTop 1%
- 1-year return vs S&P 500Bottom 13%
- Distance from 52-week highBottom 15%
- Trend checklist (0–4)Top 19%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyBottom 26%
- Upside to consensus price targetTop 25%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 5%
- Maximum drawdown, 3 yearsBottom 1%
- Beta vs S&P 500 (lower is better)Bottom 4%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.5% | 1.8% | ↑ |
| Gross margin | 43.4% | 29.5% | ↓ |
| Operating margin | -12.8% | -0.3% | ↑ |
| FCF margin | 8.7% | 13.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 1.8% | -1.5% | ↑ | Bottom 34% |
| Gross margin | 29.5% | 43.4% | ↓ | Bottom 36% |
| Operating margin | -0.3% | -12.8% | ↑ | Bottom 11% |
| Net margin | -68.5% | -51.8% | ↓ | — |
| Free-cash-flow margin | 13.8% | 8.7% | ↑ | — |
| Return on invested capital | -0.0% | — | Bottom 17% | |
| Revenue growth, 3-year CAGR | -6.8% | — | Bottom 9% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -9.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.4 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 9.35%
- Net buyback yield (TTM)
- 0.50%
- Shareholder yield
- 9.85%
- Share count change, 1 year
- +122.7%
- Share count change, 3-year CAGR
- +47.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +5.5%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $15.71
- Target vs current price
- +36.8%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 35%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | -124.0% | +7.1% | -4.5% | -8.5% | — |
| May 7, 2026 | +355.6% | +10.7% | +9.1% | +31.2% | +36.3% |
| Feb 26, 2026 | +2055.0% | +20.9% | +19.8% | -11.5% | +77.4% |
| Nov 5, 2025 | -854.5% | +7.1% | -4.0% | -11.5% | -45.0% |
| Aug 5, 2025 | -497.9% | +4.6% | +1.2% | +16.6% | +2.9% |
| May 7, 2025 | -4737.5% | +2.2% | +0.0% | -4.5% | +8.1% |
| Feb 20, 2025 | -171.3% | +0.6% | -0.3% | -4.9% | -31.1% |
| Nov 12, 2024 | -13.2% | -9.0% | -24.1% | -23.2% | -30.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | -$1.62 | -$0.72 | -124.0% | $188.3M |
| May 7, 2026 | $0.82 | $0.18 | +355.6% | $181.9M |
| Feb 26, 2026 | $4.31 | $0.20 | +2055.0% | $256.0M |
| Nov 5, 2025 | -$2.10 | -$0.22 | -854.5% | $186.6M |
| Aug 5, 2025 | -$2.87 | -$0.48 | -497.9% | $190.0M |
| May 7, 2025 | -$3.71 | $0.08 | -4737.5% | $198.5M |
| Feb 20, 2025 | -$8.26 | -$3.05 | -171.3% | $209.7M |
| Nov 12, 2024 | -$0.43 | -$0.38 | -13.2% | $200.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 5.27× | — | — | Top 25% |
| Free-cash-flow yield | 18.03% | — | — | Top 12% |
| Earnings yield | -77.09% | — | — | Bottom 3% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 86
- 50-day average slope (20 days)
- -10.0%
- 200-day average slope (20 days)
- -1.2%
- Distance from 50-day average
- -12.5%
- Distance from 200-day average
- +5.9%
- RSI (14)
- 38.9
- Relative volume
- 0.85×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 54.7%
- Volatility vs own 5-year history
- 45th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.28
- Correlation with S&P 500
- 0.28
- Current drawdown from 1-year high
- -41.0%
- Maximum drawdown, 3 years
- -91.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 14, 2021 | Apr 1, 2026 | -97.4% | 1205 days | Not yet recovered |
| Nov 24, 2020 | Jan 5, 2021 | -18.1% | 27 days | 44 days (Mar 10, 2021) |
| Oct 8, 2020 | Oct 29, 2020 | -16.2% | 15 days | 8 days (Nov 10, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $622.7M
- EPS, diluted (TTM)
- -$8.85
- Revenue (TTM)
- $812.8M
- 52-week range
- $5.26 – $19.67
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $896.8M | $1.03B | $952.3M | $842.1M | $831.1M |
| Gross profit | $561.0M | $612.4M | $501.8M | $388.0M | -$350.2M |
| Operating income | $146.0M | $159.7M | $29.0M | -$45.9M | -$47.6M |
| Net income | $10.1M | -$35.0M | -$173.9M | -$343.3M | -$551.7M |
| EPS (diluted) | $0.28 | -$2.73 | -$9.52 | -$18.06 | -$12.81 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $200.4M | $209.7M | $198.5M | $190.0M | $186.6M | $256.0M | $181.9M | $188.3M |
| Net income | -$95.3M | -$166.1M | -$71.9M | -$80.2M | -$133.1M | -$276.4M | -$48.0M | -$99.5M |
| EPS (diluted) | -$4.83 | -$8.26 | -$3.71 | -$2.87 | -$2.10 | -$4.31 | -$0.82 | -$1.62 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $314.9M | $369.5M | $232.3M | $164.7M | $121.0M |
| Capital expenditure | -$125.2M | -$20.2M | -$5.7M | -$23.1M | -$22.1M |
| Free cash flow | $189.6M | $349.3M | $226.5M | $141.6M | $98.9M |
| Dividends paid | -$154.6M | -$145.4M | -$55.0M | -$15.4M | -$351,000 |
| Net share buybacks | -$1.2M | -$237.2M | -$1.4M | -$571,000 | $654.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $80.8M
- Total assets
- $7.17B
- Total liabilities
- $4.18B
- Total debt
- $3.74B
- Net debt
- $3.66B
- Shareholders’ equity
- $2.81B
As of Jun 30, 2026 (filed Aug 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jun 17, 2024 | $0.05 | Jun 27, 2024 |
| Mar 15, 2024 | $0.05 | Mar 28, 2024 |
| Jun 16, 2023 | $0.13 | Jun 30, 2023 |
| Mar 17, 2023 | $0.25 | Mar 30, 2023 |
| Dec 16, 2022 | $0.25 | Dec 29, 2022 |
| Sep 16, 2022 | $0.25 | Sep 29, 2022 |
| Jun 16, 2022 | $0.25 | Jun 30, 2022 |
| Mar 18, 2022 | $0.25 | Mar 31, 2022 |
Short interest
- Shares sold short
- 6,713,818
- Days to cover
- 9.95
- Change vs previous report
- +5.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 2, 2025
- 1-for-7