PS Business Parks (PSB) Stock Forecast, Price & News

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

2 analysts have issued twelve-month price objectives for PS Business Parks' shares. Their PSB stock forecasts range from $170.00 to $175.00. On average, they expect PS Business Parks' share price to reach $172.50 in the next year. This suggests that the stock has a possible downside of 8.0%.
View analysts' price targets for PS Business Parks or view top-rated stocks among Wall Street analysts.

PS Business Parks' stock was trading at $184.17 on January 1st, 2022. Since then, PSB shares have increased by 1.8% and is now trading at $187.44.
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PS Business Parks saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 757,300 shares, a decrease of 18.3% from the June 15th total of 927,300 shares. Based on an average daily volume of 394,800 shares, the short-interest ratio is presently 1.9 days. Approximately 3.8% of the shares of the company are short sold.
View PS Business Parks' Short Interest.

PS Business Parks, Inc. (NYSE:PSB) announced its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.04. PS Business Parks had a trailing twelve-month return on equity of 42.01% and a net margin of 110.66%. During the same quarter last year, the business earned $1.61 earnings per share.

PS Business Parks announced a dividend on Tuesday, July 12th. Shareholders of record on Tuesday, July 19th will be given a dividend of $0.2168 per share on Wednesday, July 20th. The ex-dividend date of this dividend is Monday, July 18th.
View PS Business Parks' dividend history.

PS Business Parks(NYSE:PSB) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.24%. The dividend payout ratio of PS Business Parks is 26.58%. 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 52.17% next year. This indicates that PS Business Parks will be able to sustain or increase its dividend.
View PS Business Parks' dividend history.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other PS Business Parks investors own include Endologix (ELGX), APA (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 Charles Schwab (SCHW).

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

PS Business Parks' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Chicago Capital Management LLC (0.31%), Chartwell Investment Partners LLC (0.29%), Asset Management One Co. Ltd. (0.18%), Dupont Capital Management Corp (0.17%), Retirement Systems of Alabama (0.10%) and Strs Ohio (0.10%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell Jr, Joseph D Russell, Jr, Kristy Pipes, Peter Schultz, Ronald L Havner Jr and Trenton Groves.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PSB stock can currently be purchased for approximately $187.44.

PS Business Parks (NYSE:PSB) has a market capitalization of $5.18 billion and generates $438.70 million in revenue each year. The real estate investment trust earns $448.76 million in net income (profit) each year or $15.80 on an earnings per share basis.

PS Business Parks employs 156 workers across the globe.

PS Business Parks' mailing address is 701 WESTERN AVE, GLENDALE CA, 91201. The official website for PS Business Parks is www.psbusinessparks.com. The real estate investment trust can be reached via phone at (818) 244-8080, via email at jhedges@psbusinessparks.com, or via fax at 818-242-0566.