PS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (?REIT?) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. As of June 30, 2018, the Company wholly owned 28.3 million rentable square feet with approximately 5,000 commercial customers in six states and a 95.0% interest in a 395-unit apartment complex.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:PSB
CUSIP69360J10
Phone818-244-8080
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.50
Quick Ratio0.50
Price-To-Earnings
Trailing P/E Ratio21.09
Forward P/E Ratio20.29
P/E Growth4.07
Sales & Book Value
Annual Sales$402.18 million
Price / Sales8.78
Cash Flow$6.7787 per share
Price / Cash19.07
Book Value$34.13 per share
Price / Book3.79
Profitability
EPS (Most Recent Fiscal Year)$6.13
Net Income$155.03 million
Net Margins54.22%
Return on Equity23.01%
Return on Assets10.66%
Miscellaneous
Employees158
Outstanding Shares27,330,000
Market Cap$3.54 billion
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 announced a quarterly dividend on Tuesday, July 24th. Investors of record on Wednesday, September 12th will be given a dividend of $1.05 per share on Thursday, September 27th. This represents a $4.20 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Tuesday, September 11th. This is an increase from PS Business Parks's previous quarterly dividend of $0.85. View PS Business Parks' Dividend History.
How were PS Business Parks' earnings last quarter?
PS Business Parks Inc (NYSE:PSB) released its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.13. The real estate investment trust had revenue of $101.82 million for the quarter, compared to analysts' expectations of $103.05 million. PS Business Parks had a return on equity of 23.01% and a net margin of 54.22%. View PS Business Parks' Earnings History.
When is PS Business Parks' next earnings date?
What price target have analysts set for PSB?
3 brokerages have issued 12 month target prices for PS Business Parks' stock. Their predictions range from $107.00 to $131.00. On average, they expect PS Business Parks' stock price to reach $120.00 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. 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.
Who are some of PS Business Parks' key competitors?
Some companies that are related to PS Business Parks include Alexandria Real Estate Equities (ARE), Gecina (GECFF), ANNALY Cap Mgmt/SH (NLY), HCP (HCP), Mid-America Apartment Communities (MAA), Klepierre (KLPEF), SINO Ld Ltd/S (SNLAY), Regency Centers (REG), Extra Space Storage (EXR), UDR (UDR), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT), AGNC Investment (AGNC) and Camden Property Trust (CPT).
Who are PS Business Parks' key executives?
PS Business Parks' management team includes the folowing people:
- Ms. Maria R. Hawthorne, Pres, CEO, Interim CFO & Director (Age 58)
- Mr. John W. Petersen, Exec. VP & COO (Age 54)
- Mr. Trenton A. Groves, VP & Corp. Controller
- Mr. Stuart H. Hutchison, VP of Southern California & Pacific Northwest
- Mr. Coby A. Holley, VP of Real Estate (Age 49)
Who are PS Business Parks' major shareholders?
PS Business Parks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.93%), Northern Trust Corp (1.98%), FMR LLC (1.25%), Dimensional Fund Advisors LP (1.19%), Schwab Charles Investment Management Inc. (0.99%) and Rothschild Asset Management Inc. (0.85%). 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, Robert S Rollo, Ronald L Havner Jr and Sara Grootwassink Lewis. View Institutional Ownership Trends for PS Business Parks.
Which major investors are selling PS Business Parks stock?
PSB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Schwab Charles Investment Management Inc., Mackay Shields LLC, California Public Employees Retirement System, Chicago Equity Partners LLC, Dean Capital Management and WINTON GROUP Ltd. 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, Joseph D Russell, Jr, Robert S Rollo, Ronald L Havner Jr and Sara Grootwassink Lewis. View Insider Buying and Selling for PS Business Parks.
Which major investors are buying PS Business Parks stock?
PSB stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., BlackRock Inc., TD Asset Management Inc., Bank of Montreal Can, First Trust Advisors LP, Convergence Investment Partners LLC and Mitsubishi UFJ Asset Management UK Ltd.. 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 $129.27.
How big of a company is PS Business Parks?
PS Business Parks has a market capitalization of $3.54 billion and generates $402.18 million in revenue each year. The real estate investment trust earns $155.03 million in net income (profit) each year or $6.13 on an earnings per share basis. PS Business Parks employs 158 workers across the globe.
What is PS Business Parks' official website?
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)
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.
