NYSE:PSB - PS Business Parks Stock Price, News, & Analysis

PS Business Parks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSB."

PS Business Parks announced a quarterly dividend on Tuesday, July 24th. Shareholders of record on Wednesday, September 12th will be given a dividend of $1.05 per share on Thursday, September 27th. This represents a $4.20 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Tuesday, September 11th. This is an increase from PS Business Parks's previous quarterly dividend of $0.85. View PS Business Parks' Dividend History.

PS Business Parks Inc (NYSE:PSB) issued its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.56 by $0.13. The real estate investment trust earned $101.82 million during the quarter, compared to the consensus estimate of $103.05 million. PS Business Parks had a net margin of 54.22% and a return on equity of 23.01%. View PS Business Parks' Earnings History.

PS Business Parks is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for PS Business Parks.

4 analysts have issued 1-year price objectives for PS Business Parks' shares. Their predictions range from $107.00 to $131.00. On average, they anticipate PS Business Parks' stock price to reach $120.00 in the next twelve months. This suggests that the stock has a possible downside of 8.4%. View Analyst Price Targets for PS Business Parks.

4 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PS Business Parks.

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

News headlines about PSB stock have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PS Business Parks earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 45.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for PS Business Parks.

PS Business Parks' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.93%), FMR LLC (1.25%), Dimensional Fund Advisors LP (1.19%), Schwab Charles Investment Management Inc. (0.99%), Rothschild Asset Management Inc. (0.85%) and American Century Companies Inc. (0.79%). 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 sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Schwab Charles Investment Management Inc., Mackay Shields LLC, California Public Employees Retirement System, Chicago Equity Partners LLC, Dean Capital Management and WINTON GROUP Ltd. 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.

PSB stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., BlackRock Inc., TD Asset Management Inc., Bank of Montreal Can, First Trust Advisors LP, Convergence Investment Partners LLC and Mitsubishi UFJ Asset Management UK Ltd.. 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 $130.95.

PS Business Parks has a market capitalization of $3.52 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]