(HPP) Hudson Pacific Properties - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4440971095

Office, Studio, REIT, Property

Dividends

Currently no dividends paid
Risk via 10d forecast
Volatility 72.0%
Value at Risk 5%th 110%
Relative Tail Risk -7.35%
Reward TTM
Sharpe Ratio -0.68
Alpha -68.54
CAGR/Max DD -0.51
Character TTM
Hurst Exponent 0.598
Beta 1.488
Beta Downside 1.960
Drawdowns 3y
Max DD 84.70%
Mean DD 54.65%
Median DD 56.04%

Description: HPP Hudson Pacific Properties November 30, 2025

Hudson Pacific Properties, Inc. (NYSE:HPP) is structured as a REIT that serves as the sole general partner of its operating partnership, holding roughly 97.4 % of the partnership’s equity as of September 30 2025. The remaining ~2.6 % is owned by executives, directors, affiliates, and other investors, including unvested performance units. This ownership concentration gives HPP full control over day-to-day management and strategic decisions for the partnership’s portfolio of office and studio properties.

Key operating metrics that analysts watch include a 93 % weighted-average occupancy rate across its West-Coast assets and an FY 2024 adjusted Funds From Operations (AFFO) growth of 8 % YoY, driven by strong lease renewals in the technology and media sectors. The company’s exposure to the high-growth San Francisco-Los Angeles corridor makes it sensitive to regional office-space demand, which is in turn influenced by tech-sector hiring trends and the Federal Reserve’s interest-rate policy.

For a deeper dive into HPP’s valuation and risk profile, consider reviewing the analytics available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income (-451.4m TTM) > 0 and > 6% of Revenue (6% = 47.1m TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA -1.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 26.33% (prev -23.01%; Δ 49.34pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.01 (>3.0%) and CFO 61.8m > Net Income -451.4m (YES >=105%, WARN >=100%)
Net Debt (3.78b) to EBITDA (58.1m) ratio: 65.10 <= 3.0 (WARN <= 3.5)
Current Ratio 1.85 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (64.4m) change vs 12m ago 219.4% (target <= -2.0% for YES)
Gross Margin 43.78% (prev 46.86%; Δ -3.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 9.74% (prev 10.27%; Δ -0.53pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -1.81 (EBITDA TTM 58.1m / Interest Expense TTM 173.1m) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 21.60

1. Piotroski 1.0pt
2. FCF Yield 0.42%
3. FCF Margin 5.25%
4. Debt/Equity 1.22
5. Debt/Ebitda 65.10
6. ROIC - WACC (= -12.05)%
7. RoE -14.74%
8. Rev. Trend -90.47%
9. EPS Trend -69.63%

What is the price of HPP shares?

As of December 14, 2025, the stock is trading at USD 12.16 with a total of 1,337,025 shares traded.
Over the past week, the price has changed by -9.79%, over one month by -19.20%, over three months by -40.91% and over the past year by -47.36%.

Is HPP a buy, sell or hold?

Hudson Pacific Properties has received a consensus analysts rating of 3.20. Therefor, it is recommend to hold HPP.
  • Strong Buy: 2
  • Buy: 0
  • Hold: 7
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the HPP price?

Issuer Target Up/Down from current
Wallstreet Target Price 20.6 69.2%
Analysts Target Price 20.6 69.2%
ValueRay Target Price 7.6 -37.4%

HPP Fundamental Data Overview December 11, 2025

Market Cap USD = 5.93b (5.93b USD * 1.0 USD.USD)
P/E Forward = 6.3171
P/S = 7.5851
P/B = 0.257
P/EG = 13.0
Beta = 1.472
Revenue TTM = 784.7m USD
EBIT TTM = -312.9m USD
EBITDA TTM = 58.1m USD
Long Term Debt = 3.62b USD (from longTermDebt, last quarter)
Short Term Debt = 579.0m USD (from shortTermDebt, last fiscal year)
Debt = 3.97b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.78b USD (from netDebt column, last quarter)
Enterprise Value = 9.71b USD (5.93b + Debt 3.97b - CCE 190.4m)
Interest Coverage Ratio = -1.81 (Ebit TTM -312.9m / Interest Expense TTM 173.1m)
FCF Yield = 0.42% (FCF TTM 41.2m / Enterprise Value 9.71b)
FCF Margin = 5.25% (FCF TTM 41.2m / Revenue TTM 784.7m)
Net Margin = -57.52% (Net Income TTM -451.4m / Revenue TTM 784.7m)
Gross Margin = 43.78% ((Revenue TTM 784.7m - Cost of Revenue TTM 441.2m) / Revenue TTM)
Gross Margin QoQ = 44.29% (prev 43.13%)
Tobins Q-Ratio = 1.25 (Enterprise Value 9.71b / Total Assets 7.80b)
Interest Expense / Debt = 1.05% (Interest Expense 41.7m / Debt 3.97b)
Taxrate = -0.02% (negative due to tax credits) (24.0k / -144.1m)
NOPAT = -313.0m (EBIT -312.9m * (1 - -0.02%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.85 (Total Current Assets 450.4m / Total Current Liabilities 243.8m)
Debt / Equity = 1.22 (Debt 3.97b / totalStockholderEquity, last quarter 3.25b)
Debt / EBITDA = 65.10 (Net Debt 3.78b / EBITDA 58.1m)
Debt / FCF = 91.76 (Net Debt 3.78b / FCF TTM 41.2m)
Total Stockholder Equity = 3.06b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.79% (Net Income -451.4m / Total Assets 7.80b)
RoE = -14.74% (Net Income TTM -451.4m / Total Stockholder Equity 3.06b)
RoCE = -4.68% (EBIT -312.9m / Capital Employed (Equity 3.06b + L.T.Debt 3.62b))
RoIC = -4.74% (negative operating profit) (NOPAT -313.0m / Invested Capital 6.60b)
WACC = 7.31% (E(5.93b)/V(9.90b) * Re(11.50%) + D(3.97b)/V(9.90b) * Rd(1.05%) * (1-Tc(-0.00)))
Discount Rate = 11.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 78.89%
[DCF Debug] Terminal Value 60.00% ; FCFE base≈86.4m ; Y1≈64.3m ; Y5≈37.8m
Fair Price DCF = 8.18 (DCF Value 443.5m / Shares Outstanding 54.2m; 5y FCF grow -30.21% → 3.0% )
EPS Correlation: -69.63 | EPS CAGR: -8.34% | SUE: -0.37 | # QB: 0
Revenue Correlation: -90.47 | Revenue CAGR: -6.55% | SUE: -0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.83 | Chg30d=+0.045 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=-5.11 | Chg30d=N/A | Revisions Net=-1 | Growth EPS=+48.3% | Growth Revenue=+6.9%

Additional Sources for HPP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle