PS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (?REIT?) that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial space. The Company defines ?flex? space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of December 31, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 customers in six states and a 95.0% interest in a 395-unit apartment complex.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:PSB
CUSIP69360J10
Phone818-244-8080
Debt
Debt-to-Equity RatioN/A
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio20.35
Forward P/E Ratio19.64
P/E GrowthN/A
Sales & Book Value
Annual Sales$402.18 million
Price / Sales8.50
Cash Flow$6.8366 per share
Price / Cash18.30
Book Value$34.13 per share
Price / Book3.67
Profitability
EPS (Most Recent Fiscal Year)$6.13
Net Income$155.03 million
Net Margins43.04%
Return on Equity18.57%
Return on Assets8.50%
Miscellaneous
Employees158
Outstanding Shares27,320,000
PS Business Parks (NYSE:PSB) Frequently Asked Questions
What is PS Business Parks' stock symbol?
PS Business Parks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSB."
How often does PS Business Parks pay dividends? What is the dividend yield for PS Business Parks?
PS Business Parks declared a quarterly dividend on Tuesday, April 24th. Shareholders 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 dividend yield of 2.71%. The ex-dividend date of this dividend is Tuesday, June 12th. View PS Business Parks' Dividend History.
How were PS Business Parks' earnings last quarter?
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 for the quarter, beating analysts' consensus estimates 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%. The business's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.97 EPS. View PS Business Parks' Earnings History.
When is PS Business Parks' next earnings date?
What price target have analysts set for PSB?
3 equities research analysts have issued 12 month price targets for PS Business Parks' shares. Their forecasts range from $107.00 to $122.00. On average, they anticipate PS Business Parks' stock price to reach $114.50 in the next twelve months. View Analyst Ratings for PS Business Parks.
Who are some of PS Business Parks' key competitors?
Some companies that are related to PS Business Parks include Alexandria Real Estate Equities (ARE), Gecina (GECFF), Klépierre (KLPEF), Extra Space Storage (EXR), ANNALY Cap Mgmt/SH (NLY), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT) and Camden Property Trust (CPT).
Who are PS Business Parks' key executives?
PS Business Parks' management team includes the folowing people:
- Ms. Maria R. Hawthorne, Pres, CEO, Interim CFO & Director (Age 58)
- Mr. John W. Petersen, Exec. VP & COO (Age 54)
- Mr. Trenton A. Groves, VP & Corp. Controller
- Ms. Robin E. Mather, VP of Bus. Devel. (Age 56)
- Mr. Stuart H. Hutchison, VP of Southern California & Pacific Northwest
Has PS Business Parks been receiving favorable news coverage?
Media stories about PSB stock have been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring 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 closest to one being the most favorable. PS Business Parks earned a media sentiment score of 0.28 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 43.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are PS Business Parks' major shareholders?
PS Business Parks' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.50%), Northern Trust Corp (1.97%), Schwab Charles Investment Management Inc. (1.24%), Dimensional Fund Advisors LP (1.18%), JPMorgan Chase & Co. (0.91%) and Rothschild Asset Management Inc. (0.85%). 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.
Which major investors are selling PS Business Parks stock?
PSB stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., BlackRock Inc., JPMorgan Chase & Co., Schwab Charles Investment Management Inc., American Century Companies Inc., Russell Investments Group Ltd., California Public Employees Retirement System and Neuberger Berman Group LLC. Company insiders that have sold PS Business Parks company stock in the last year include 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 Insider Buying and Selling for PS Business Parks.
Which major investors are buying PS Business Parks stock?
PSB stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Echo Street Capital Management LLC, Dean Investment Associates LLC, Mackay Shields LLC, UBS Group AG, WINTON GROUP Ltd, Empirical Financial Services LLC d.b.a. Empirical Wealth Management and Northern Trust Corp. View Insider Buying and Selling for PS Business Parks.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PS Business Parks' stock price today?
One share of PSB stock can currently be purchased for approximately $125.26.
How big of a company is PS Business Parks?
PS Business Parks has a market capitalization of $3.40 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.
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 or via email at [email protected]
MarketBeat Community Rating for PS Business Parks (PSB)
MarketBeat's community ratings are surveys of what our community members think about PS Business Parks and other stocks. Vote "Outperform" if you believe PSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
