PS Business Parks Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" PS Business Parks stock.
View analyst ratings for PS Business Parks or view top-rated stocks.

Wall Street analysts have given PS Business Parks a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PS Business Parks wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

PS Business Parks is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for PS Business Parks.

PS Business Parks, Inc. (NYSE:PSB) issued its quarterly earnings data on Sunday, February, 21st. The real estate investment trust reported $0.98 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.74 by $0.24. PS Business Parks had a trailing twelve-month return on equity of 18.36% and a net margin of 45.25%.
View PS Business Parks' earnings history.

PS Business Parks' stock was trading at $138.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PSB shares have increased by 6.0% and is now trading at $146.93.
View which stocks have been most impacted by COVID-19.

PS Business Parks announced a quarterly dividend on Wednesday, February 24th. Investors of record on Tuesday, March 16th will be given a dividend of $1.05 per share on Wednesday, March 31st. This represents a $4.20 annualized dividend and a yield of 2.86%. The ex-dividend date is Monday, March 15th.
View PS Business Parks' dividend history.

PS Business Parks pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.90%. PS Business Parks does not yet have a strock track record of dividend growth. The dividend payout ratio of PS Business Parks is 61.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PS Business Parks will have a dividend payout ratio of 62.59% next year. This indicates that PS Business Parks will be able to sustain or increase its dividend.
View PS Business Parks' dividend history.

3 brokerages have issued 12-month price targets for PS Business Parks' shares. Their forecasts range from $112.00 to $150.00. On average, they anticipate PS Business Parks' share price to reach $133.67 in the next twelve months. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for PS Business Parks or view top-rated stocks among Wall Street analysts.

32 employees have rated PS Business Parks CEO Maria Hawthorne on Glassdoor.com. Maria Hawthorne has an approval rating of 77% among PS Business Parks' employees.

Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), American Assets Trust (AAT), Washington Real Estate Investment Trust (WRE), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
View all of PSB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PS Business Parks investors own include Endologix (ELGX), (APA), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Agree Realty (ADC), Semtech (SMTC), UMB Financial (UMBF), Micron Technology (MU), Occidental Petroleum (OXY) and The Charles Schwab (SCHW).

PS Business Parks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSB."

PS Business Parks' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.44%), Price T Rowe Associates Inc. MD (8.47%), Principal Financial Group Inc. (4.06%), Principal Financial Group Inc. (4.06%), Northern Trust Corp (1.46%) and Dimensional Fund Advisors LP (1.15%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Kristy Pipes, Ronald L Havner Jr and Trenton Groves.
View institutional ownership trends for PS Business Parks.

PSB stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Panagora Asset Management Inc., Voloridge Investment Management LLC, NN Investment Partners Holdings N.V., Los Angeles Capital Management LLC, Bank of New York Mellon Corp, and Virginia Retirement Systems ET AL. Company insiders that have sold PS Business Parks company stock in the last year include James H Kropp, and Joseph D Russell, Jr.
View insider buying and selling activity for PS Business Parks or view top insider-selling stocks.

PSB stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Artisan Partners Limited Partnership, Principal Financial Group Inc., Principal Financial Group Inc., Price T Rowe Associates Inc. MD, BlackRock Inc., Heartland Advisors Inc., and JLP Asset Management LLC.
View insider buying and selling activity for PS Business Parks or or view top insider-buying stocks.

Shares of PSB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PSB stock can currently be purchased for approximately $146.93.

PS Business Parks has a market capitalization of $4.04 billion and generates $429.85 million in revenue each year. The real estate investment trust earns $174.97 million in net income (profit) each year or $6.78 on an earnings per share basis.

PS Business Parks employs 155 workers across the globe.

The official website for PS Business Parks is www.psbusinessparks.com.

PS Business Parks is headquartered at 701 WESTERN AVE, GLENDALE CA, 91201.

PS Business Parks' mailing address is 701 WESTERN AVE, GLENDALE CA, 91201. The real estate investment trust can be reached via phone at 818-244-8080 or via email at [email protected]