S&P 500   3,855.36
DOW   30,960.00
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S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
pixel
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
pixel
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
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NYSE:PSB

PS Business Parks Stock Forecast, Price & News

$137.91
+0.77 (+0.56 %)
(As of 01/25/2021 12:00 AM ET)
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Today's Range
$135.18
Now: $137.91
$138.44
50-Day Range
$129.67
MA: $133.33
$139.16
52-Week Range
$102.48
Now: $137.91
$172.73
Volume63,521 shs
Average Volume90,618 shs
Market Capitalization$3.79 billion
P/E Ratio30.31
Dividend Yield3.06%
Beta0.47
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.
PS Business Parks logo

MarketRank

Overall MarketRank

1.55 out of 5 stars

Finance Sector

614th out of 1,930 stocks

Real Estate Investment Trusts Industry

142nd out of 273 stocks

Analyst Opinion: 0.7Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP69360J10
Phone818-244-8080
Employees155
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$429.85 million
Cash Flow$10.56 per share
Book Value$37.07 per share

Profitability

Net Income$174.97 million

Miscellaneous

Market Cap$3.79 billion
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$137.91
+0.77 (+0.56 %)
(As of 01/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PS Business Parks (NYSE:PSB) Frequently Asked Questions

How has PS Business Parks' stock been impacted by Coronavirus (COVID-19)?

PS Business Parks' stock was trading at $138.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PSB shares have decreased by 0.5% and is now trading at $137.91.
View which stocks have been most impacted by COVID-19
.

Is PS Business Parks a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PS Business Parks in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" PS Business Parks stock.
View analyst ratings for PS Business Parks
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than PS Business Parks?

Wall Street analysts have given PS Business Parks a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PS Business Parks wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

When is PS Business Parks' next earnings date?

PS Business Parks is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for PS Business Parks
.

How were PS Business Parks' earnings last quarter?

PS Business Parks, Inc. (NYSE:PSB) issued its quarterly earnings data on Wednesday, October, 28th. The real estate investment trust reported $1.11 EPS for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.31. PS Business Parks had a net margin of 45.25% and a trailing twelve-month return on equity of 18.36%.
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 declared a quarterly dividend on Friday, October 30th. Stockholders of record on Tuesday, December 15th will be given a dividend of $1.05 per share on Wednesday, December 30th. This represents a $4.20 annualized dividend and a yield of 3.05%. The ex-dividend date is Monday, December 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 3.06%. The dividend payout ratio of PS Business Parks is 61.95%. 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 62.59% 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?

3 brokerages have issued 1 year price targets for PS Business Parks' stock. Their forecasts range from $112.00 to $150.00. On average, they expect PS Business Parks' share price to reach $133.67 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for PS Business Parks
or view Wall Street analyst' top-rated stocks.

Are investors shorting PS Business Parks?

PS Business Parks saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 418,300 shares, an increase of 50.3% from the December 15th total of 278,400 shares. Based on an average daily volume of 123,100 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.1% of the shares of the company are short sold.
View PS Business Parks' Short Interest
.

Who are some of PS Business Parks' key 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), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Agree Realty (ADC), Semtech (SMTC), UMB Financial (UMBF), Micron Technology (MU), Occidental Petroleum (OXY) and The Charles Schwab (SCHW).

Who are PS Business Parks' key executives?

PS Business Parks' management team includes the following people:
  • Mr. John W. Petersen, Interim Pres, CEO & COO (Age 56, Pay $864.46k)
  • Mr. Jeffrey D. Hedges, Exec. VP, CFO & Sec. (Age 37, Pay $761.96k)
  • Mr. Trenton A. Groves, Sr. VP, Chief Accounting Officer & Assistant Sec. (Age 47, Pay $411.96k)
  • Ms. Maria R. Hawthorne, Director (Age 60, Pay $956.96k)
  • Mr. Coby A. Holley, VP of Investments (Age 51)
  • Ms. Lily Yan Hughes, Assistant Sec. (Age 57)
  • Mr. Bob Murphy, Property Mang. of Miami International Commerce Center

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 many different retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.17%), New York State Teachers Retirement System (0.16%), Strs Ohio (0.11%), Nisa Investment Advisors LLC (0.06%), State of Alaska Department of Revenue (0.03%) and Horst & Graben Wealth Management LLC (0.01%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Kristy Pipes, Ronald L Havner Jr 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 New York State Teachers Retirement System, Strs Ohio, Huntington National Bank, and State of Alaska Department of Revenue. Company insiders that have sold PS Business Parks company stock in the last year include James H Kropp, and Joseph D Russell, Jr.
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 Pacer Advisors Inc., Horst & Graben Wealth Management LLC, and Nisa Investment Advisors 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.

What is PS Business Parks' stock price today?

One share of PSB stock can currently be purchased for approximately $137.91.

How big of a company is PS Business Parks?

PS Business Parks has a market capitalization of $3.79 billion and generates $429.85 million in revenue each year. The real estate investment trust earns $174.97 million in net income (profit) each year or $6.78 on an earnings per share basis. PS Business Parks employs 155 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 or via email at [email protected]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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