Hudson Pacific Properties (HPP) vs Innovative Industrial Properties (IIPR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Innovative Industrial Properties (IIPR) has outperformed Hudson Pacific Properties (HPP) over the past year, losing 6.6% versus a loss of 39.0%. Over five years, IIPR leads with a -78.6% price change compared with -93.9% for HPP. Innovative Industrial Properties is the larger company by market cap ($1.43 billion vs $644.7 million), about 2.2 times the size.
Innovative Industrial Properties pays a dividend yielding 14.64%, while Hudson Pacific Properties does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HPP | IIPR |
|---|---|---|
| Share price | $11.88 | $51.92 |
| Market cap | $644.71M | $1.43B |
| 1-day change | +2.15% | +1.35% |
| YTD return | +9.70% | +8.17% |
| 1-year return | -38.95% | -6.62% |
| 5-year return | -93.90% | -78.57% |
| P/E ratio (TTM) | — | 11.59 |
| Forward P/E | — | 11.83 |
| EPS (TTM) | $-9.80 | $4.48 |
| Dividend yield | 0.00% | 14.64% |
| Annual dividend | $0.00 | $7.60 |
| 52-week high | $19.46 | $65.38 |
| 52-week low | $5.26 | $44.58 |
| Distance from 52-week high | -38.95% | -20.59% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +41.58% | +24.23% |
| Average volume | 687.26K | 362.31K |
| Shares outstanding | 54.27M | 27.57M |
| Employees | 607 | 24 |
| Sector | Finance | Finance |
| Industry | Real Estate | Real Estate |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Innovative Industrial Properties is about 2.2 times larger than Hudson Pacific Properties by market value ($1.43B vs $644.71M).
- IIPR has outperformed HPP by 32.3 percentage points over the past year.
- Innovative Industrial Properties offers a meaningfully higher dividend yield (14.64% vs 0.00%).
About Hudson Pacific Properties
HPP stock →Hudson Pacific Properties, Inc. owns, operates, develops and redevelops top-tier office real estate across high-barrier-to-entry West Coast gateway markets, including the San Francisco Bay Area, Los Angeles, Seattle and Vancouver.
Finance · Real Estate · 607 employees
About Innovative Industrial Properties
IIPR stock →Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry.
Finance · Real Estate · 24 employees
HPP vs IIPR FAQ
Which is bigger, Hudson Pacific Properties or Innovative Industrial Properties?
Innovative Industrial Properties (IIPR) is larger, with a market capitalization of $1.43B compared with $644.71M for Hudson Pacific Properties (HPP).
Which stock has performed better over the past year, HPP or IIPR?
IIPR returned -6.62% over the past 12 months, compared with -38.95% for HPP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Hudson Pacific Properties or Innovative Industrial Properties?
Innovative Industrial Properties pays a dividend yielding 14.64%, while Hudson Pacific Properties does not currently pay a regular dividend.
Are Hudson Pacific Properties and Innovative Industrial Properties in the same industry?
Yes. Both are classified in the Real Estate industry within the Finance sector.