Hudson Pacific - REIT Share Price Today

Hudson Pacific Q3FY26 Results: FFO $0.28 beats, sales miss estimate

Core FFO rose 8% YoY to $0.28 per diluted share in Q3FY26, beating the analyst estimate of $0.26 by 7.69%. Total revenues were $180.9 million, missing the consensus estimate of $185.209 million and declining from $186.6 million in the prior year. Same-store cash NOI grew 8.3% to $85.2 million; in-service office occupancy reached 85.6%, the fifth consecutive quarter of gains. Leasing pipeline stands at 2.1 million square feet, with 1.1 million square feet in advanced stages; 534,000 square feet of leases signed in the quarter. Full-year FY26 core FFO guidance raised to $1.15-$1.21 per diluted share from $1.12-$1.20; pro forma debt reduced 14% YoY to $2.7 billion with liquidity at $840 million.

Piper Sandler downgrades Hudson Pacific Properties to Neutral, cuts PT

Hudson Pacific Properties downgraded from Overweight to Neutral by Piper Sandler. Price target lowered from $15 to $13. Analyst Alexander Goldfarb led the rating change.

Hudson Pacific sells Skyport Plaza for $75.5 million to cut debt

Hudson Pacific Properties sold Skyport Plaza in San Jose for $75.5 million. Net proceeds from Skyport Plaza and Quixote winddown asset pay down revolver debt. Unsecured revolving credit facility balance reduced to $30.0 million. Fifth disposition this year brings cumulative gross proceeds to nearly $190 million.

Hudson Pacific tender offer closes oversubscribed at $537.85M

Hudson Pacific's $200M tender offer for senior notes closed oversubscribed, with $537,853,000 in total principal tendered across both series. $285,155,000 was tendered for the 3.950% Senior Notes due 2027 and $252,698,000 for the 5.950% Senior Notes due 2028, both oversubscribed. The company accepted $100,000,000 from each series, applying proration factors of approximately 35.1% for the 2027 Notes and 39.9% for the 2028 Notes. Settlement is expected on or around October 14, 2026, funded by $95.0 million cash on hand and $105.0 million in revolving credit facility borrowings. Cash on hand includes proceeds from asset sales including 2001 Gateway, 875 & 899 Howard, and Quixote-related assets.

Hudson Pacific sells two San Francisco assets for $65.5 million

Hudson Pacific Properties sold 875 and 899 Howard in San Francisco for $65.5 million. Third-quarter asset dispositions total $90.5 million, including the sale of 2001 Gateway. 875 Howard was 36% occupied; 899 Howard was fully vacant but entitled for office conversion. Net proceeds from the sales will be used for general corporate purposes.

Hudson Pacific Properties declares $0.296875 Series C dividend

Hudson Pacific Properties declared a Q3 2026 dividend of $0.296875 per share on its Series C preferred stock. The payout corresponds to an annual rate of $1.18750 per share for the 4.750% cumulative preferred instrument. Shareholders of record as of September 21, 2026 will receive the payment on September 30, 2026. The REIT operates a portfolio of 46 properties with 12.8 million sq ft of office and 1.7 million sq ft of studio space.