PS Business Parks (PSB) Stock Forecast, Price & News

PS Business Parks (NYSE:PSB) Frequently Asked Questions

Is PS Business Parks a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PS Business Parks stock.
View analyst ratings for PS Business Parks or view top-rated stocks.

Are investors shorting PS Business Parks?

PS Business Parks saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 684,500 shares, an increase of 128.2% from the April 30th total of 299,900 shares. Based on an average daily volume of 290,800 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.4% of the company's stock are short sold.
View PS Business Parks' Short Interest.

When is PS Business Parks' next earnings date?

PS Business Parks is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for PS Business Parks.

How were PS Business Parks' earnings last quarter?

PS Business Parks, Inc. (NYSE:PSB) posted its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by $0.04. PS Business Parks had a net margin of 110.66% and a trailing twelve-month return on equity of 42.01%. During the same quarter last year, the business earned $1.61 earnings per share.
View PS Business Parks' earnings history.

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 Friday, April 29th. Investors of record on Wednesday, June 15th will be given a dividend of $1.05 per share on Thursday, June 30th. This represents a $4.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Tuesday, June 14th.
View PS Business Parks' dividend history.

Is PS Business Parks a good dividend stock?

PS Business Parks pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.24%. The dividend payout ratio of PS Business Parks is 26.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PS Business Parks will have a dividend payout ratio of 52.17% next year. This indicates that PS Business Parks will be able to sustain or increase its dividend.
View PS Business Parks' dividend history.

What price target have analysts set for PSB?

2 equities research analysts have issued 1-year price objectives for PS Business Parks' stock. Their forecasts range from $170.00 to $175.00. On average, they expect PS Business Parks' stock price to reach $172.50 in the next year. This suggests that the stock has a possible downside of 8.1%.
View analysts' price targets for PS Business Parks or view top-rated stocks among Wall Street analysts.

Who are PS Business Parks' key executives?

PS Business Parks' management team includes the following people:

• Mr. Stephen W. Wilson, Pres, CEO & Director (Age 65, Pay $57.5k)
• Ms. Maria R. Hawthorne, Interim COO & Director (Age 62, Pay $132.66k)
• Mr. Trenton A. Groves, Sr. VP, Chief Accounting Officer & Assistant Sec. (Age 49, Pay $452.36k)
• Mr. Adeel Khan, Exec. VP, CFO & Corp. Sec. (Age 48)
• Ms. Patricia Park, VP of Human Resource
• Mr. Coby A. Holley, Sr. VP of Real Estate (Age 53)
• Ms. Lily Yan Hughes, Assistant Sec. (Age 59)
• Mr. Bob Murphy, Property Mang. of Miami International Commerce Center

What is Maria Hawthorne's approval rating as PS Business Parks' CEO?

32 employees have rated PS Business Parks CEO Maria Hawthorne on Glassdoor.com. Maria Hawthorne has an approval rating of 77% among PS Business Parks' employees.

Who are some of PS Business Parks' key competitors?

Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Spirit Realty Capital (SRC), Cousins Properties (CUZ), LXP Industrial Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Gladstone Commercial (GOOD), Whitestone REIT (WSR), One Liberty Properties (OLP) and Gyrodyne (GYRO).
View all of PSB's 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), 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).

What is PS Business Parks' stock symbol?

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

Who are PS Business Parks' major shareholders?

PS Business Parks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.37%), BlackRock Inc. (9.97%), Wellington Management Group LLP (7.29%), State Street Corp (4.43%), Principal Financial Group Inc. (4.19%) and Invesco Ltd. (1.28%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, Joseph D Russell Jr, Joseph D Russell, Jr, Kristy Pipes, Peter Schultz and Trenton Groves.
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 BlackRock Inc., Wellington Management Group LLP, Goldman Sachs Group Inc., Chartwell Investment Partners LLC, Northern Trust Corp, ClariVest Asset Management LLC, UBS Group AG, and State of Tennessee Treasury Department. Company insiders that have sold PS Business Parks company stock in the last year include Jennifer Holden Dunbar, Joseph D Russell Jr, Peter Schultz, and Trenton Groves.
View insider buying and selling activity for PS Business Parks or view top insider-selling stocks.

Which major investors are buying PS Business Parks stock?

PSB stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Principal Financial Group Inc., Allianz Asset Management GmbH, Charles Schwab Investment Management Inc., Heartland Advisors Inc., State of New Jersey Common Pension Fund D, and SG Americas Securities LLC.
View insider buying and selling activity for PS Business Parks or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is PS Business Parks' stock price today?

One share of PSB stock can currently be purchased for approximately $187.61.

How much money does PS Business Parks make?

PS Business Parks 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.

How many employees does PS Business Parks have?

PS Business Parks employs 156 workers across the globe.

What is PS Business Parks' official website?

The official website for PS Business Parks is 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, via email at [email protected], or via fax at 818-242-0566.