NYSE:PSB PS Business Parks Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PS Business Parks, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $186.94 -0.21 (-0.11%) (As of 07/1/2022 03:59 PM ET) Add Compare Share Today's Range$186.81▼$187.2050-Day Range$167.67▼$188.4952-Week Range$147.32▼$189.83Volume8,934 shsAverage Volume233,938 shsMarket Capitalization$5.16 billionP/E Ratio11.83Dividend Yield2.25%Price Target$172.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PS Business Parks Stock Forecast (MarketRank)Analyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.7% Downside$172.50 Price TargetShort InterestHealthy4.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth8.20%From $7.44 to $8.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.45 out of 5 starsFinance Sector566th out of 1,394 stocksReal Estate Investment Trusts Industry127th out of 235 stocks 1.3 Analyst's Opinion Consensus RatingPS Business Parks has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $172.50, PS Business Parks has a forecasted downside of 7.7% from its current price of $186.94.Amount of Analyst CoveragePS Business Parks has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.62% of the float of PS Business Parks has been sold short.Short Interest Ratio / Days to CoverPS Business Parks has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PS Business Parks has recently increased by 11.74%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPS Business Parks pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPS Business Parks does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PS Business Parks is 26.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSB. Previous Next 0.8 News and Social Media Coverage News SentimentPS Business Parks has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for PS Business Parks this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PSB on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PS Business Parks insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of PS Business Parks is held by insiders.Percentage Held by Institutions71.04% of the stock of PS Business Parks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for PS Business Parks are expected to grow by 8.20% in the coming year, from $7.44 to $8.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PS Business Parks is 11.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.23.Price to Earnings Ratio vs. SectorThe P/E ratio of PS Business Parks is 11.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.23.Price to Book Value per Share RatioPS Business Parks has a P/B Ratio of 4.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PSB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PS Business Parks and its competitors with MarketBeat's FREE daily newsletter. Email Address About PS Business Parks (NYSE:PSB)PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of September 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex.Read More PSB Stock News HeadlinesJune 29, 2022 | seekingalpha.comPS Business Parks Will Disappear, But What With The Preferred Shares?June 23, 2022 | apnews.comLifshitz Law PLLC Announces Investigation of MN, PSB, VMW, and RADAJune 10, 2022 | nasdaq.comPS Business Parks Cumulative Preferred Stock, Series Y About To Put More Money In Your PocketJune 10, 2022 | nasdaq.comPS Business Parks' Preferred Stock, Series Z Shares Cross 6.5% Yield MarkJune 8, 2022 | morningstar.comPS Business Parks Inc - Stock NewsMay 29, 2022 | morningstar.comPS Business Parks, Inc. Announces Expiration of “Go-Shop” Period Contained In Previously Announced Merger AgreementMay 27, 2022 | finance.yahoo.comPS Business Parks, Inc. Announces Expiration of "Go-Shop" Period Contained In Previously Announced Merger AgreementMay 26, 2022 | nasdaq.comPS Business Parks' Preferred Stock, Series X Crosses Above 6.5% Yield TerritoryMay 21, 2022 | benzinga.comSHAREHOLDER NOTICE: Halper Sadeh LLP Investigates PSB, BKI, NLSN, LHCGMay 2, 2022 | seekingalpha.comPS Business Parks reports Q1 resultsMay 2, 2022 | seekingalpha.comPS Business Parks Q1 core FFO rises 9% from a year ago in last quarter before saleMay 2, 2022 | finance.yahoo.comPS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2022May 2, 2022 | finance.yahoo.comPS Business Parks (PSB) Q1 FFO Lag EstimatesSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:PSB CUSIP69360J10 CIK866368 Webwww.psbusinessparks.com Phone(818) 244-8080Fax818-242-0566Employees156Year FoundedN/ACompany Calendar Last Earnings10/27/2021Ex-Dividend for 6/30 Dividend6/14/2022Dividend Payable6/30/2022Today7/01/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$172.50 High Stock Price Forecast$175.00 Low Stock Price Forecast$170.00 Forecasted Upside/Downside-7.7%Consensus RatingModerate Buy Rating Score (0-4)2.5 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$15.80 Trailing P/E Ratio11.83 Forward P/E Ratio25.13 P/E GrowthN/ANet Income$448.76 million Net Margins110.66% Pretax Margin136.79% Return on Equity42.01% Return on Assets23.08% Debt Debt-to-Equity Ratio0.02 Current Ratio1.51 Quick Ratio1.51 Sales & Book Value Annual Sales$438.70 million Price / Sales11.77 Cash Flow$19.74 per share Price / Cash Flow9.47 Book Value$44.97 per share Price / Book4.16Miscellaneous Outstanding Shares27,627,000Free Float27,185,000Market Cap$5.16 billion OptionableOptionable Beta0.46 PS Business Parks Frequently Asked Questions Should I buy or sell PS Business Parks stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PS Business Parks stock. View analyst ratings for PS Business Parks or view top-rated stocks. What is PS Business Parks' stock price forecast for 2022? 2 equities research analysts have issued 1 year price targets for PS Business Parks' stock. Their PSB stock forecasts range from $170.00 to $175.00. On average, they predict PS Business Parks' share price to reach $172.50 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. View analysts' price targets for PS Business Parks or view top-rated stocks among Wall Street analysts. How has PS Business Parks' stock performed in 2022? PS Business Parks' stock was trading at $184.17 at the start of the year. Since then, PSB shares have increased by 1.5% and is now trading at $186.94. View the best growth stocks for 2022 here. 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) issued its earnings results on Wednesday, October, 27th. The real estate investment trust reported $0.81 earnings per share 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 previous year, the firm earned $1.61 EPS. 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. Shareholders of record on Wednesday, June 15th will be paid a dividend of $1.05 per share on Thursday, June 30th. This represents a $4.20 annualized dividend and a yield of 2.25%. The ex-dividend date is Tuesday, June 14th. View PS Business Parks' dividend history. Is PS Business Parks a good dividend stock? PS Business Parks(NYSE:PSB) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.25%. 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. 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 ResourceMr. 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), One Liberty Properties (OLP), Whitestone REIT (WSR) 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." 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. Compare Top Brokerages Here. What is PS Business Parks' stock price today? One share of PSB stock can currently be purchased for approximately $186.94. How much money does PS Business Parks make? PS Business Parks (NYSE:PSB) has a market capitalization of $5.16 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. How can I contact PS Business Parks? PS Business Parks' mailing address is 701 WESTERN AVE, GLENDALE CA, 91201. The official website for PS Business Parks is www.psbusinessparks.com. 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. 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