PS Business Parks Company Profile (NYSE:PSB)

About PS Business Parks

PS Business Parks, Inc. is a self-advised and self-managed real estate investment trust (REIT). The Company owns, operates and develops commercial properties, primarily multi-tenant flex, office and industrial parks. It focuses on owning concentrated business parks. PS Business Parks, L.P. (the Operating Partnership) is a California limited partnership, which owns directly or indirectly substantially all of its assets and through, which the Company conducts substantially all of its business. It owns and operates approximately 30 million rentable square feet of commercial space, comprising approximately 100 business parks in California, Texas, Virginia, Florida, Maryland and Washington. It owns approximately 14.6 million square feet of flex space. Its commercial properties consist of business parks with low-rise buildings, ranging from 1 to 49 buildings per park, located on parcels of various sizes, which comprise from 12,000 to 3.5 million aggregate square feet of rentable space.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Diversified
Sub-Industry: Diversified REITs
Exchange: NYSE
Symbol: PSB
CUSIP: 69360J10

Key Metrics:

Previous Close: $112.39
50 Day Moving Average: $110.22
200 Day Moving Average: $104.05
52-Week Range: $27,084,000.00 - $76.69
Trailing P/E Ratio: 44.97
Foreward P/E Ratio: 19.68
P/E Growth: 4.21
Market Cap: $3.04B
Outstanding Shares: 27,084,000
Beta: 0.69

Profitability:

Net Margins: 34.54%
Return on Equity: 14.22%
Return on Assets: 6.19%

Debt:

Debt-to-Equity Ratio: 0.06%
Current Ratio: 0.48%
Quick Ratio: 0.48%

Additional Links:

Companies Related to PS Business Parks:

Consensus Ratings for PS Business Parks (NYSE:PSB) (?)

Ratings Breakdown:	2 Hold Ratings
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$100.00 (11.02% downside)

Analysts' Ratings History for PS Business Parks (NYSE:PSB)

Show:

Date	Firm	Action	Rating	Price Target
7/7/2016	Citigroup Inc.	Boost Price Target	Neutral	$93.00 -> $107.00
12/17/2015	JPMorgan Chase & Co.	Downgrade	Overweight -> Neutral	$93.00
12/2/2014	Wells Fargo & Co.	Initiated Coverage	Market Perform

(Data available from 9/25/2014 forward)

Earnings History for PS Business Parks (NYSE:PSB)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/25/2016
7/26/2016	Q216	$1.32	$1.30	$95.00 million	$96.20 million	View	N/A
4/26/2016	Q116	$1.25	$1.26	$95.00 million	$95.80 million	View	N/A
2/16/2016	Q415	$1.25	$1.31	$94.85 million	$94.50 million	View	Listen
10/27/2015	Q315	$1.19	$1.20	$94.23 million	$93.50 million	View	Listen
7/28/2015	Q215	$1.18	$1.20	$93.60 million	$93.08 million	View	Listen
4/28/2015	Q115	$1.13	$1.13	$92.16 million	$92.30 million	View	N/A
2/18/2015	Q414	$1.17	$1.21	$93.30 million	$91.59 million	View	N/A
10/27/2014	Q314	$1.20	$1.20	$95.00 million	$95.79 million	View	N/A
7/30/2014	Q214	$1.22	$1.26	$92.00 million	$94.20 million	View	N/A
4/28/2014	Q114	$1.22	$1.22	$93.00 million	$95.49 million	View	N/A
2/18/2014	Q413	$1.21	$1.26	$89.72 million		View	N/A
10/28/2013	Q313	$1.21	$1.21	$88.13 million	$89.77 million	View	N/A
7/29/2013	Q213	$1.21	$1.19	$87.89 million	$87.93 million	View	N/A
5/6/2013		$1.21	$1.20	$88.00 million	$88.28 million	View	N/A
2/19/2013		$1.18	$1.20	$87.62 million	$89.38 million	View	N/A
8/1/2012		$1.08	$1.18			View	N/A
4/30/2012		$1.03	$1.17			View	N/A
2/21/2012		$1.05	$1.13			View	N/A
10/31/2011		$1.07	$1.12			View	N/A
5/2/2011		$1.32	$1.09			View	N/A
2/22/2011		$1.00	$0.99			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for PS Business Parks (NYSE:PSB)

Current Year EPS Consensus Estimate: $5.36 EPS
Next Year EPS Consensus Estimate: $5.71 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	$1.24	$1.24	$1.24
Q2 2016	1	$1.33	$1.33	$1.33
Q3 2016	1	$1.37	$1.37	$1.37
Q4 2016	1	$1.38	$1.38	$1.38

(Data provided by Zacks Investment Research)

Current Dividend Information for PS Business Parks (NYSE:PSB)

Annual Dividend:	$3.00
Dividend Yield:	2.67%
Dividend Growth:	7.70% (3 Year Average)
Payout Ratio:	120.00% (Based on Trailing 12 Months of Earnings) 55.97% (Based on Current Year Consensus EPS Estimate) 52.54% (Based on Next Year Consensus EPS Estimate)
Track Record:	2 Years of Consecutive Dividend Growth

Dividend History for PS Business Parks (NYSE:PSB)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/26/2016	quarterly	$0.75	2.71%	9/12/2016	9/14/2016	9/29/2016
4/28/2016	quarterly	$0.75	3.1%	6/13/2016	6/15/2016	6/30/2016
2/16/2016	quarterly	$0.75	3.26%	3/14/2016	3/16/2016	3/31/2016
10/27/2015	quarterly	$0.60	2.78%	12/11/2015	12/15/2015	12/30/2015
7/28/2015	quarterly	$0.60	3.13%	9/11/2015	9/15/2015	9/30/2015
4/29/2015	quarterly	$0.50	2.57%	6/11/2015	6/15/2015	6/30/2015
2/23/2015	quarterly	$0.50	2.38%	3/12/2015	3/16/2015	3/31/2015
10/27/2014	quarterly	$0.50		12/11/2014	12/15/2014	12/30/2014
8/1/2014	quarterly	$0.50	2.44%	9/11/2014	9/15/2014	9/30/2014
4/28/2014	quarterly	$0.50	2.35%	6/11/2014	6/13/2014	6/30/2014
2/18/2014	quarterly	$0.50	2.46%	3/12/2014	3/14/2014	3/31/2014
10/28/2013	quarterly	$0.44	2.17%	12/11/2013	12/13/2013	12/30/2013
7/29/2013	quarterly	$0.44	2.35%	9/11/2013	9/13/2013	9/30/2013
5/7/2013	quarterly	$0.44	2.1%	6/10/2013	6/12/2013	6/27/2013
2/20/2013	quarterly	$0.44	2.41%	3/11/2013	3/13/2013	3/28/2013

(Data available from 1/1/2013 forward)

Insider Trading History for PS Business Parks (NYSE:PSB)

Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 72.14%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/19/2016	Joseph D. Russell, Jr.	Director	Sell	2,000	$108.45	$216,900.00
8/15/2016	Joseph D. Russell, Jr.	Director	Sell	3,000	$109.74	$329,220.00
8/3/2016	James H Kropp	Director	Sell	1,668	$109.60	$182,812.80
3/3/2016	John W. Petersen	COO	Sell	3,500	$94.91	$332,185.00
12/14/2015	Joseph D Russell Jr	CEO	Sell	1,000	$85.24	$85,240.00
12/11/2015	Joseph D. Russell, Jr.	CEO	Sell	2,500	$85.66	$214,150.00
11/30/2015	Joseph D. Russell, Jr.	CEO	Sell	4,130	$88.51	$365,546.30
11/24/2015	Edward A. Stokx	CFO	Sell	5,000	$87.35	$436,750.00
11/19/2015	Edward A. Stokx	CFO	Sell	3,030	$86.34	$261,610.20
11/18/2015	Edward A. Stokx	CFO	Sell	2,844	$86.00	$244,584.00
9/10/2015	Joseph D. Russell, Jr.	CEO	Sell	2,756	$73.63	$202,924.28
9/9/2015	Joseph D. Russell, Jr.	CEO	Sell	9,300	$73.84	$686,712.00
9/8/2015	Maria R. Hawthorne	President	Sell	23,550	$74.02	$1,743,171.00
8/13/2015	James H Kropp	Director	Sell	1,568	$77.01	$120,751.68
6/15/2015	Joseph D Russell Jr	CEO	Sell	1,400	$72.18	$101,052.00
6/12/2015	John W Petersen	COO	Sell	1,869	$72.71	$135,894.99
6/10/2015	John W Petersen	COO	Sell	3,131	$72.88	$228,187.28
6/2/2015	Joseph D Russell Jr	CEO	Sell	5,000	$74.53	$372,650.00
6/1/2015	Joseph D Russell Jr	CEO	Sell	7,000	$74.65	$522,550.00
5/18/2015	Joseph D Russell Jr	CEO	Sell	7,000	$76.00	$532,000.00
3/12/2015	Joseph D Russell Jr	CEO	Sell	8,000	$79.37	$634,960.00
3/11/2015	Joseph D Russell Jr	CEO	Sell	7,500	$78.51	$588,825.00
2/25/2015	Peter Schultz	Director	Buy	1,210	$82.80	$100,188.00
9/15/2014	Sara Grootwassink Lewis	Director	Sell	4,000	$76.84	$307,360.00
6/12/2014	James H Kropp	Director	Sell	1,500	$83.94	$125,910.00
3/14/2014	Joseph Russell, Jr.	CEO	Sell	3,000	$84.17	$252,510.00
3/11/2014	Joseph Russell, Jr.	CEO	Sell	5,000	$84.62	$423,100.00
3/7/2014	Joseph Russell, Jr.	CEO	Sell	8,000	$85.39	$683,120.00
3/6/2014	Joseph Russell, Jr.	CEO	Sell	6,273	$86.12	$540,230.76
3/3/2014	John Petersen	COO	Sell	13,000	$83.65	$1,087,450.00
12/3/2013	Robert Rollo	Director	Buy	1,206	$76.79	$92,608.74
11/7/2013	Storage Public	major shareholder	Buy	950,000	$79.25	$75,287,500.00
9/10/2013	Joseph D Russell Jr	CEO	Sell	10,000	$72.58	$725,800.00
9/10/2013	Storage Public	Major Shareholder	Buy	28,389	$72.52	$2,058,770.28
9/5/2013	Storage Public	Major Shareholder	Buy	22,057	$71.55	$1,578,178.35
9/4/2013	Storage Public	major shareholder	Buy	66,898	$72.59	$4,856,125.82
8/27/2013	Storage Public	major shareholder	Buy	65,159	$74.47	$4,852,390.73
8/23/2013	Joseph Russell, Jr.	CEO	Sell	4,000	$74.24	$296,960.00
8/22/2013	Storage Public	major shareholder	Buy	57,052	$73.22	$4,177,347.44
8/19/2013	Storage Public	major shareholder	Buy	54,701	$72.25	$3,952,147.25
8/14/2013	Storage Public	major shareholder	Buy	52,742	$73.94	$3,899,743.48
8/9/2013	Storage Public	major shareholder	Buy	59,750	$73.10	$4,367,725.00
5/17/2013	John W Petersen	COO	Sell	4,000	$85.25	$341,000.00
5/17/2013	Joseph D Russell Jr	CEO	Sell	4,800	$85.03	$408,144.00
5/16/2013	James H Kropp	Director	Sell	1,500	$85.46	$128,190.00
5/15/2013	Edward A Stokx	CFO	Sell	6,000	$84.99	$509,940.00
5/14/2013	Joseph D Russell Jr	CEO	Sell	15,000	$83.87	$1,258,050.00
3/13/2013	John W Petersen	COO	Sell	8,000	$75.45	$603,600.00
9/6/2012	Ronald L Havner Jr	Director	Buy	3,000	$69.99	$209,970.00

(Data available from 1/1/2013 forward)

Latest Headlines for PS Business Parks (NYSE:PSB)

Date	Headline
	PS Business Parks, Inc. breached its 50 day moving average in a Bearish Manner : PSB-US : September 12, 2016 (NYSE:PSB) www.capitalcube.com - September 12 at 11:30 AM
	Institutional Investors Have Decreased Positions in PS Business Parks Inc. (NYSE:PSB) (NYSE:PSB) www.nationaldailypress.com - September 10 at 6:08 PM
	PS Business Parks Cumulative Preferred Stock, Series T About To Put More Money In Your Pocket (NYSE:PSB) www.nasdaq.com - September 8 at 6:37 PM
	Ex-Dividend Reminder: News, El Paso Electric and PS Business Parks (NYSE:PSB) www.nasdaq.com - September 8 at 10:44 AM
	5 REITs with Fast Growing Dividends (NYSE:PSB) www.dividends4life.com - September 3 at 11:08 AM
	Insider Selling Ps Business Parks Inc Psb Director Sells 32922000 In Stock (NYSE:PSB) gizpress.com - August 18 at 9:58 AM
	PSB Industries SA :PSB-FR: Earnings Analysis: For the six months ended June 30, 2016 : August 8, 2016 (NYSE:PSB) www.capitalcube.com - August 8 at 11:39 AM
	04.08.2016 - H1 financial results 2016 Download the PDF (NYSE:PSB) www.publicnow.com - August 4 at 7:26 PM
	PS BUSINESS PARKS INC/CA Financials (NYSE:PSB) finance.yahoo.com - August 4 at 7:26 PM
	PS Business Parks, Inc. :PSB-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:PSB) www.capitalcube.com - August 3 at 7:17 PM
	PS BUSINESS PARKS INC/CA Files SEC form 10-Q, Quarterly Report (NYSE:PSB) biz.yahoo.com - July 29 at 2:56 PM
	Public Storage Posts Higher FFO (NYSE:PSB) www.nasdaq.com - July 28 at 10:12 AM
	Earnings: On Assignment, Avery Dennison, PS Business Parks (NYSE:PSB) sfvbj.com - July 27 at 7:21 PM
	Public Storage Reports Results for the Three and Six Months Ended June 30, 2016 (NYSE:PSB) www.publicnow.com - July 27 at 6:48 PM
	PS Business Parks (PSB) Q2 FFO Beats: Shares Down Less Than 1% (NYSE:PSB) finance.yahoo.com - July 27 at 4:03 PM
	PS BUSINESS PARKS INC/CA Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:PSB) biz.yahoo.com - July 27 at 6:02 AM
	PS Business Parks reports 2Q results (NYSE:PSB) sg.finance.yahoo.com - July 26 at 6:43 PM
	Q2 2016 PS Business Parks Inc Earnings Release - After Market Close (NYSE:PSB) biz.yahoo.com - July 26 at 7:07 AM
	Public Storage : Announces Pricing of 4.95% Cumulative Preferred Shares of Beneficial Interest, Series D (NYSE:PSB) www.4-traders.com - July 14 at 10:33 AM
	Public Storage Announces Pricing of 4.95% Cumulative Preferred Shares of Beneficial Interest, Series D (NYSE:PSB) finance.yahoo.com - July 13 at 7:18 PM
	PS Business Parks : GLENDALE, California — PS Business Parks, Inc. to Release Second Quarter 2016 Earnings and Host Quarterly Conference Call (NYSE:PSB) www.4-traders.com - July 8 at 6:57 PM
	GLENDALE, California — PS Business Parks, Inc. to Release Second Quarter 2016 Earnings and Host Quarterly Conference Call (NYSE:PSB) www.publicnow.com - July 8 at 5:41 PM
	PS Business Parks, Inc. to Release Second Quarter 2016 Earnings and Host Quarterly Conference Call (NYSE:PSB) finance.yahoo.com - July 8 at 5:03 PM
	Public Storage to Release Second Quarter 2016 Earnings Results and Host Quarterly Conference Call (NYSE:PSB) www.publicnow.com - July 7 at 5:21 PM
	Public Storage (NYSE:PSA) target price maintained to $0 as disclosed today by FBR Capital (NYSE:PSB) breakingfinancenews.com - June 25 at 10:40 AM
	Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 6.35% Cumulative Preferred Shares, Series R (NYSE:PSB) www.publicnow.com - June 21 at 4:39 PM
	PS BUSINESS PARKS INC/CA Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:PSB) biz.yahoo.com - June 17 at 4:59 PM
	GLENDALE, California — Public Storage and PS Business Parks, Inc. Announce Senior Management Changes (NYSE:PSB) www.publicnow.com - June 17 at 4:59 PM
	Public Storage and PS Business Parks, Inc. Announce Senior Management Changes (NYSE:PSB) www.publicnow.com - June 17 at 4:59 PM
	PS Business Parks Cumulative Preferred Stock, Series S Goes Ex-Dividend Soon (NYSE:PSB) www.nasdaq.com - June 10 at 9:57 AM
	Troubled by Residential Real Estate? Buy These REITs Instead (NYSE:PSB) finance.yahoo.com - June 8 at 8:54 AM
	PS Business Parks, Inc. breached its 50 day moving average in a Bearish Manner : PSB-US : June 1, 2016 (NYSE:PSB) www.capitalcube.com - June 1 at 8:35 AM
	GLENDALE, California — PS Business Parks, Inc. to Present at REITWeek 2016: NAREIT’s Investor Forum (NYSE:PSB) www.publicnow.com - May 24 at 5:26 PM
	PS Business Parks, Inc. to Present at REITWeek 2016: NAREIT’s Investor Forum (NYSE:PSB) finance.yahoo.com - May 24 at 5:03 PM
	PS Business Parks, Inc. breached its 50 day moving average in a Bearish Manner : PSB-US : May 20, 2016 (NYSE:PSB) www.capitalcube.com - May 20 at 8:40 AM
	Blackrock Fund Advisors Bought A Little More PS Business Parks, Inc. Common (PSB) Stock Last Quarter (NYSE:PSB) www.fidaily.com - May 12 at 10:33 AM
	PS Business Parks' Preferred Stock, Series V Crosses Above 5.5% Yield Territory (NYSE:PSB) www.nasdaq.com - May 5 at 10:00 AM
	PS Business Parks, Inc. breached its 50 day moving average in a Bullish Manner : PSB-US : May 5, 2016 (NYSE:PSB) www.capitalcube.com - May 5 at 8:12 AM
	PS Business Parks, Inc. :PSB-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:PSB) www.capitalcube.com - April 28 at 12:13 PM
	Edited Transcript of PSB earnings conference call or presentation 27-Apr-16 5:00pm GMT (NYSE:PSB) finance.yahoo.com - April 27 at 6:21 PM
	PS Business Parks (PSB) Q1 FFO Beats: Will Stock Gain? (NYSE:PSB) finance.yahoo.com - April 27 at 11:06 AM
	PS BUSINESS PARKS INC/CA Files SEC form 8-K, Results of Operations and Financial Condition, Submission of Matters to (NYSE:PSB) biz.yahoo.com - April 27 at 6:01 AM
	PS Business Parks reports 1Q results (NYSE:PSB) sg.finance.yahoo.com - April 26 at 6:31 PM
	BRIEF-PS Business Parks Quarterly FFO per share $1.26 (NYSE:PSB) feeds.reuters.com - April 26 at 6:19 PM
	GLENDALE, California — PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2016 (NYSE:PSB) www.publicnow.com - April 26 at 6:10 PM
	PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2016 (NYSE:PSB) finance.yahoo.com - April 26 at 5:26 PM
	Q1 2016 PS Business Parks Inc Earnings Release - After Market Close (NYSE:PSB) biz.yahoo.com - April 26 at 7:07 AM
	PS Business Parks, Inc. breached its 50 day moving average in a Bearish Manner : PSB-US : April 22, 2016 (NYSE:PSB) www.capitalcube.com - April 22 at 8:29 AM
	European Business Awards' breaking news (NYSE:PSB) www.publicnow.com - April 13 at 2:51 PM
	13.04.2016 - Q1 revenues 2016 Download the PDF (NYSE:PSB) www.publicnow.com - April 13 at 8:14 AM