PS Business Parks - PSB Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PSB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSB, but not buy additional shares or sell existing shares.
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1 Wall Street analysts have issued 12-month price targets for PS Business Parks' shares. Their PSB share price forecasts range from $170.00 to $170.00. On average, they anticipate the company's share price to reach $170.00 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
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PS Business Parks, Inc. (NYSE:PSB) released its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported $0.81 EPS for the quarter, missing the consensus estimate of $0.85 by $0.04. PS Business Parks had a trailing twelve-month return on equity of 42.01% and a net margin of 110.66%. During the same period in the prior year, the business posted $1.61 EPS.

PS Business Parks declared a dividend on Tuesday, July 12th. Investors of record on Tuesday, July 19th will be given a dividend of $0.2168 per share on Wednesday, July 20th. The ex-dividend date is Monday, July 18th.
Read our dividend analysis for PSB.

PS Business Parks (NYSE:PSB) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.24%. The dividend payout ratio is 26.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PSB will have a dividend payout ratio of 52.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PSB.

32 employees have rated PS Business Parks Chief Executive Officer Maria Hawthorne on Glassdoor.com. Maria Hawthorne has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other PS Business Parks investors own include Endologix (ELGX), APA (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 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 many different institutional and retail investors. Top institutional shareholders include State Street Corp (4.34%), Price T Rowe Associates Inc. MD (2.94%), Principal Financial Group Inc. (1.65%), Goldman Sachs Group Inc. (1.27%), Northern Trust Corp (1.11%) and Westchester Capital Management LLC (0.99%). Insiders that own company stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell Jr, Joseph D Russell, Jr, Kristy Pipes, Peter Schultz, Ronald L Havner Jr and Trenton Groves.
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One share of PSB stock can currently be purchased for approximately $187.44.

PS Business Parks (NYSE:PSB) has a market capitalization of $5.18 billion and generates $438.70 million in revenue each year. The real estate investment trust earns $448.76 million in net income (profit) each year or $15.80 on an earnings per share basis.

The company employs 156 workers across the globe.

PS Business Parks' mailing address is 701 WESTERN AVE, GLENDALE CA, 91201. The official website for the company is www.psbusinessparks.com. The real estate investment trust can be reached via phone at (818) 244-8080, via email at jhedges@psbusinessparks.com, or via fax at 818-242-0566.