Hudson Pacific Properties, Inc. (HPP)
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
$10.56+6.99%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
QuarterlyIQ Insights · HPP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -65.8% |
| Our one-year growth estimate | diamond | -5.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 60.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 13 industry peers
HPP — debt issuance
Dated 2026-10-05
Regulation FD Disclosure On October 5, 2026, Hudson Pacific Properties, Inc., a Maryland corporation (the “Company”), issued a press release (“Press Release”) announcing that its operating partnership, Hudson Pacific Properties, L.P. (the “Operating Partnership”), has commenced an offer to purchase for cash (the “Tender Offer”) up to a combined aggregate principal amount of $200,000,000 of the Operating Partnership’s outstanding 3.950% Senior Notes due 2027 (the “2027 Notes”) and 5.950% Senio…
Why it matters: Office occupancy rose to 82.5% in Q2. More gains would support the leasing recovery; a drop would weaken it.
Supportive ifQ3 in-service office occupancy is above 82.5%, up from Q2.
Worry ifQ3 office occupancy in service falls below 82.5%.
Why it matters: The tender can reduce notes due in 2027 and 2028. HPP plans to use cash or its credit line, so the accepted amount and funding matter.
Watch forHPP reports settlement of up to $100 million of each note series, within the $200 million total cap.
Also watch forHPP reports that the offer was terminated, did not settle, or required more than $200 million in funding.
Why it matters: HPP expects 2026 same-store cash NOI to fall 0.75% to 1.75%. A smaller drop or growth would show stronger property income.
Supportive ifHPP reports full-year 2026 same-store cash NOI growth above -0.75%.
Worry ifHPP reports full-year 2026 same-store cash NOI growth below -1.75%.
Why it matters: HPP raised its 2026 Core FFO range twice. Q3 results will show whether that path still holds.
Supportive ifOn the November 5 earnings call, HPP keeps its $1.12–$1.20 full-year Core FFO range or raises it.
Worry ifHPP cuts the full-year Core FFO range below $1.12 per share.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$231 on $10,000 · ±2.3% | How much price usually moves either way. |
| Bad day | $712 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,734 loss on $10,000 · 67.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.