PS Business Parks, Inc., a member of the S&P SmallCap 600, is a REIT that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. As of September 30, 2018, the Company wholly owned 28.3 million rentable square feet with approximately 5,050 commercial customers in six states and held a 95.0% interest in a 395-unit apartment complex.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:PSB
Previous Symbol
CUSIP69360J10
Phone818-244-8080
Debt
Debt-to-Equity RatioN/A
Current Ratio0.51
Quick Ratio0.51
Price-To-Earnings
Trailing P/E Ratio22.83
Forward P/E Ratio21.69
P/E Growth4.29
Sales & Book Value
Annual Sales$402.18 million
Price / Sales9.52
Cash Flow$6.8757 per share
Price / Cash Flow20.35
Book Value$34.13 per share
Price / Book4.10
Profitability
EPS (Most Recent Fiscal Year)$6.13
Net Income$155.03 million
Net Margins53.92%
Return on Equity22.57%
Return on Assets10.77%
Miscellaneous
Employees158
Outstanding Shares27,350,000
Market Cap$3.78 billion
OptionableOptionable
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 Thursday, October 25th. Shareholders of record on Wednesday, December 12th will be paid a dividend of $1.05 per share on Thursday, December 27th. This represents a $4.20 annualized dividend and a yield of 3.00%. The ex-dividend date is Tuesday, December 11th. 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, October, 23rd. The real estate investment trust reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.56. The real estate investment trust earned $103.81 million during the quarter, compared to analysts' expectations of $100.03 million. PS Business Parks had a net margin of 53.92% and a return on equity of 22.57%. 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 objectives for PS Business Parks' stock. Their forecasts range from $107.00 to $131.00. On average, they expect PS Business Parks' stock price to reach $120.00 in the next twelve months. This suggests that the stock has a possible downside of 14.2%. View Analyst Price Targets for PS Business Parks.
What is the consensus analysts' recommendation 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." View Analyst Ratings for PS Business Parks.
Has PS Business Parks been receiving favorable news coverage?
Media coverage about PSB stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PS Business Parks earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of PS Business Parks' key competitors?
Some companies that are related to PS Business Parks include HCP (HCP), Host Hotels and Resorts (HST), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), Gecina (GECFF), UDR (UDR), Regency Centers (REG), Klepierre (KLPEF), Duke Realty (DRE) and Iron Mountain (IRM).
Who are PS Business Parks' key executives?
PS Business Parks' management team includes the folowing people:
- Ms. Maria R. Hawthorne, Pres, CEO, & Director (Age 58)
- Mr. John W. Petersen, Exec. VP & COO (Age 54)
- Mr. Jeffrey D. Hedges, Exec. VP, CFO & Sec.
- Mr. Trenton A. Groves, Sr. VP, Chief Accounting Officer & Assistant Sec.
- Mr. Stuart H. Hutchison, VP of Southern California & Pacific Northwest
Who are PS Business Parks' major shareholders?
PS Business Parks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.75%), Vanguard Group Inc (11.45%), Vanguard Group Inc. (11.45%), Dimensional Fund Advisors LP (1.20%), Bank of New York Mellon Corp (1.08%) and American Century Companies Inc. (1.04%). 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, Maria R Hawthorne, Robert S Rollo, Ronald L Havner Jr and Sara Grootwassink Lewis. View Institutional Ownership Trends for PS Business Parks.
Which institutional investors are selling PS Business Parks stock?
PSB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TIAA CREF Investment Management LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co. and Hsbc Holdings PLC. 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, Maria R Hawthorne, Ronald L Havner Jr and Sara Grootwassink Lewis. View Insider Buying and Selling for PS Business Parks.
Which institutional investors are buying PS Business Parks stock?
PSB stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, WINTON GROUP Ltd, American Century Companies Inc., Vanguard Group Inc, Vanguard Group Inc., NN Investment Partners Holdings N.V., Morgan Stanley and First Quadrant L P CA. 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 $139.92.
How big of a company is PS Business Parks?
PS Business Parks has a market capitalization of $3.78 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.
What is PS Business Parks' official website?
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 (NYSE 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.
