NYSE:PSB - PS Business Parks Stock Price, News, & Analysis

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$153.31 +0.54 (+0.35 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$152.77
Today's Range$151.76 - $154.26
52-Week Range$109.57 - $156.79
Volume64,400 shs
Average Volume84,058 shs
Market Capitalization$4.19 billion
P/E Ratio23.70
Dividend Yield2.75%
Beta0.52
PS Business Parks, Inc., a member of the S&P SmallCap 600, is a REIT that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. As of September 30, 2018, the Company wholly owned 28.3 million rentable square feet with approximately 5,050 commercial customers in six states and held a 95.0% interest in a 395-unit apartment complex.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP69360J10
Phone818-244-8080

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$413.52 million
Cash Flow$11.9773 per share
Book Value$37.43 per share

Profitability

Net Income$226.70 million

Miscellaneous

EmployeesN/A
Market Cap$4.19 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

PS Business Parks (NYSE:PSB) Frequently Asked Questions

What is PS Business Parks' stock symbol?

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

How often does PS Business Parks pay dividends? What is the dividend yield for PS Business Parks?

PS Business Parks declared a quarterly dividend on Wednesday, February 20th. Shareholders of record on Wednesday, March 13th will be given a dividend of $1.05 per share on Thursday, March 28th. This represents a $4.20 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend is Tuesday, March 12th. View PS Business Parks' Dividend History.

How were PS Business Parks' earnings last quarter?

PS Business Parks Inc (NYSE:PSB) posted its quarterly earnings results on Wednesday, February, 20th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.63 by $0.48. The real estate investment trust had revenue of $104.13 million for the quarter, compared to analyst estimates of $103.56 million. PS Business Parks had a return on equity of 22.54% and a net margin of 54.82%. View PS Business Parks' Earnings History.

When is PS Business Parks' next earnings date?

PS Business Parks is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for PS Business Parks.

What price target have analysts set for PSB?

3 analysts have issued 12-month price targets for PS Business Parks' stock. Their forecasts range from $107.00 to $131.00. On average, they expect PS Business Parks' share price to reach $120.00 in the next year. This suggests that the stock has a possible downside of 21.7%. View Analyst Price Targets for PS Business Parks.

What is the consensus analysts' recommendation for PS Business Parks?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PS Business Parks.

Has PS Business Parks been receiving favorable news coverage?

Media stories about PSB stock have trended somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PS Business Parks earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of PS Business Parks' key competitors?

What other stocks do shareholders of PS Business Parks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PS Business Parks investors own include Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Apache (APA), Chipotle Mexican Grill (CMG), TRANSAT AT (TRZ), Semtech (SMTC), Och-Ziff Capital Management Group (OZM), UMB Financial (UMBF), Insperity (NSP) and Micron Technology (MU).

Who are PS Business Parks' key executives?

PS Business Parks' management team includes the folowing people:
  • Ms. Maria R. Hawthorne, Pres, CEO, & Director (Age 59)
  • Mr. John W. Petersen, Exec. VP & COO (Age 55)
  • Mr. Jeffrey D. Hedges, Exec. VP, CFO & Sec.
  • Mr. Trenton A. Groves, Sr. VP, Chief Accounting Officer & Assistant Sec.
  • Mr. Stuart H. Hutchison, Divisional VP of Southern California & Pacific Northwest

Who are PS Business Parks' major shareholders?

PS Business Parks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.92%), Northern Trust Corp (1.84%), Dimensional Fund Advisors LP (1.20%), Bank of New York Mellon Corp (1.10%), Geode Capital Management LLC (1.01%) and Geode Capital Management LLC (1.01%). Company insiders that own PS Business Parks stock include Edward A Stokx, James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell Jr, Joseph D Russell, Jr, Maria R Hawthorne, Robert S Rollo, Ronald L Havner Jr and Sara Grootwassink Lewis. View Institutional Ownership Trends for PS Business Parks.

Which institutional investors are selling PS Business Parks stock?

PSB stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Dean Investment Associates LLC, Northern Trust Corp, Millennium Management LLC, FMR LLC, Barclays PLC, Crestline Management LP and Thrivent Financial for Lutherans. Company insiders that have sold PS Business Parks company stock in the last year include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Maria R Hawthorne, Ronald L Havner Jr and Sara Grootwassink Lewis. View Insider Buying and Selling for PS Business Parks.

Which institutional investors are buying PS Business Parks stock?

PSB stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Stifel Financial Corp, BlackRock Inc., TD Asset Management Inc., Chicago Equity Partners LLC, UBS Oconnor LLC, UBS Oconnor LLC and Geode Capital Management LLC. View Insider Buying and Selling for PS Business Parks.

How do I buy shares of PS Business Parks?

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

What is PS Business Parks' stock price today?

One share of PSB stock can currently be purchased for approximately $153.31.

How big of a company is PS Business Parks?

PS Business Parks has a market capitalization of $4.19 billion and generates $413.52 million in revenue each year. The real estate investment trust earns $226.70 million in net income (profit) each year or $6.47 on an earnings per share basis.

What is PS Business Parks' official website?

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

How can I contact PS Business Parks?

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]


MarketBeat Community Rating for PS Business Parks (NYSE PSB)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  164 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  355
MarketBeat's community ratings are surveys of what our community members think about PS Business Parks and other stocks. Vote "Outperform" if you believe PSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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