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

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

PS Business Parks declared a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Friday, December 13th will be paid a dividend of $1.05 per share on Monday, December 30th. This represents a $4.20 annualized dividend and a yield of 2.46%. The ex-dividend date is Thursday, December 12th. View PS Business Parks' Dividend History.

PS Business Parks Inc (NYSE:PSB) released its quarterly earnings data on Tuesday, October, 22nd. The real estate investment trust reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.15. The real estate investment trust earned $108.06 million during the quarter, compared to analyst estimates of $106.77 million. PS Business Parks had a net margin of 35.61% and a return on equity of 14.96%. View PS Business Parks' Earnings History.

PS Business Parks is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for PS Business Parks.

3 brokers have issued twelve-month target prices for PS Business Parks' stock. Their forecasts range from $145.00 to $180.00. On average, they anticipate PS Business Parks' stock price to reach $166.67 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets 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 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for PS Business Parks.

Press coverage about PSB stock has been trending extremely negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PS Business Parks earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for PS Business Parks.

PS Business Parks saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 285,900 shares, a decline of 15.9% from the December 15th total of 340,100 shares. Based on an average trading volume of 91,500 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.4% of the company's shares are sold short. View PS Business Parks' Current Options Chain.

Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Liberty Property Trust (LPT), Cousins Properties (CUZ), Spirit Realty Capital (SRC), American Assets Trust (AAT), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR), Gyrodyne (GYRO) and RAIT Financial Trust (RAS).

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

PS Business Parks' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.05%), Diligent Investors LLC (0.04%), State of Alaska Department of Revenue (0.03%), Mitsubishi UFJ Asset Management UK Ltd. (0.02%), Bowling Portfolio Management LLC (0.01%) and 6 Meridian (0.01%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Maria R Hawthorne, Ronald L Havner Jr, Sara Grootwassink Lewis 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 Mitsubishi UFJ Asset Management UK Ltd., Bowling Portfolio Management LLC and Diligent Investors LLC. Company insiders that have sold PS Business Parks company stock in the last year include Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Ronald L Havner Jr and Trenton Groves. View Insider Buying and Selling for PS Business Parks.

PSB stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Huntington National Bank and 6 Meridian. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PSB stock can currently be purchased for approximately $170.85.

PS Business Parks has a market capitalization of $4.69 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. PS Business Parks employs 156 workers across the globe.View Additional Information About PS Business Parks.

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

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]