NYSE:PSB - PS Business Parks Stock Price, Price Target & More

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, April 24th. Investors of record on Wednesday, June 13th will be paid a dividend of $0.85 per share on Thursday, June 28th. This represents a $3.40 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Tuesday, June 12th. View PS Business Parks' Dividend History.

PS Business Parks Inc (NYSE:PSB) announced its earnings results on Tuesday, April, 24th. The real estate investment trust reported $1.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.92. The real estate investment trust had revenue of $103.75 million for the quarter, compared to analyst estimates of $101.77 million. PS Business Parks had a net margin of 43.04% and a return on equity of 18.57%. PS Business Parks's revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.97 earnings per share. View PS Business Parks' Earnings History.

PS Business Parks is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for PS Business Parks.

3 equities research analysts have issued 1 year price objectives for PS Business Parks' shares. Their forecasts range from $107.00 to $122.00. On average, they anticipate PS Business Parks' share price to reach $114.50 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. View Analyst Ratings 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."

Some companies that are related to PS Business Parks include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Extra Space Storage (EXR), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Iron Mountain (IRM), Regency Centers (REG), Duke Realty (DRE), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

Media stories about PSB stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PS Business Parks earned a news impact score of 0.19 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 47.21 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

PS Business Parks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.19%), Mitsubishi UFJ Asset Management UK Ltd. (0.04%) and State of Alaska Department of Revenue (0.04%). 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.

PSB stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Mitsubishi UFJ Asset Management UK Ltd. and State of Alaska Department of Revenue. 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, Scottrade, Fidelity and Charles Schwab.

One share of PSB stock can currently be purchased for approximately $128.02.

PS Business Parks has a market capitalization of $3.56 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.

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]