S&P 500   3,333.69 (-0.80%)
DOW   27,686.91 (-0.38%)
QQQ   265.19 (-1.89%)
AAPL   437.50 (-2.97%)
MSFT   203.38 (-2.34%)
FB   256.13 (-2.61%)
GOOGL   1,480.54 (-1.09%)
AMZN   3,080.67 (-2.14%)
NVDA   434.00 (-2.82%)
CGC   16.95 (-5.47%)
BABA   248.42 (+0.12%)
TSLA   1,374.39 (-3.11%)
GE   6.73 (+0.90%)
MU   47.76 (-2.83%)
AMD   76.88 (-6.52%)
T   30.20 (-0.03%)
F   7.23 (+1.97%)
ACB   10.02 (-1.96%)
GILD   68.10 (-0.60%)
NFLX   466.93 (-3.40%)
DIS   130.49 (+1.32%)
BAC   26.92 (+1.36%)
BA   180.13 (+0.40%)
S&P 500   3,333.69 (-0.80%)
DOW   27,686.91 (-0.38%)
QQQ   265.19 (-1.89%)
AAPL   437.50 (-2.97%)
MSFT   203.38 (-2.34%)
FB   256.13 (-2.61%)
GOOGL   1,480.54 (-1.09%)
AMZN   3,080.67 (-2.14%)
NVDA   434.00 (-2.82%)
CGC   16.95 (-5.47%)
BABA   248.42 (+0.12%)
TSLA   1,374.39 (-3.11%)
GE   6.73 (+0.90%)
MU   47.76 (-2.83%)
AMD   76.88 (-6.52%)
T   30.20 (-0.03%)
F   7.23 (+1.97%)
ACB   10.02 (-1.96%)
GILD   68.10 (-0.60%)
NFLX   466.93 (-3.40%)
DIS   130.49 (+1.32%)
BAC   26.92 (+1.36%)
BA   180.13 (+0.40%)
S&P 500   3,333.69 (-0.80%)
DOW   27,686.91 (-0.38%)
QQQ   265.19 (-1.89%)
AAPL   437.50 (-2.97%)
MSFT   203.38 (-2.34%)
FB   256.13 (-2.61%)
GOOGL   1,480.54 (-1.09%)
AMZN   3,080.67 (-2.14%)
NVDA   434.00 (-2.82%)
CGC   16.95 (-5.47%)
BABA   248.42 (+0.12%)
TSLA   1,374.39 (-3.11%)
GE   6.73 (+0.90%)
MU   47.76 (-2.83%)
AMD   76.88 (-6.52%)
T   30.20 (-0.03%)
F   7.23 (+1.97%)
ACB   10.02 (-1.96%)
GILD   68.10 (-0.60%)
NFLX   466.93 (-3.40%)
DIS   130.49 (+1.32%)
BAC   26.92 (+1.36%)
BA   180.13 (+0.40%)
S&P 500   3,333.69 (-0.80%)
DOW   27,686.91 (-0.38%)
QQQ   265.19 (-1.89%)
AAPL   437.50 (-2.97%)
MSFT   203.38 (-2.34%)
FB   256.13 (-2.61%)
GOOGL   1,480.54 (-1.09%)
AMZN   3,080.67 (-2.14%)
NVDA   434.00 (-2.82%)
CGC   16.95 (-5.47%)
BABA   248.42 (+0.12%)
TSLA   1,374.39 (-3.11%)
GE   6.73 (+0.90%)
MU   47.76 (-2.83%)
AMD   76.88 (-6.52%)
T   30.20 (-0.03%)
F   7.23 (+1.97%)
ACB   10.02 (-1.96%)
GILD   68.10 (-0.60%)
NFLX   466.93 (-3.40%)
DIS   130.49 (+1.32%)
BAC   26.92 (+1.36%)
BA   180.13 (+0.40%)
Log in

NYSE:PSBPS Business Parks Stock Price, Forecast & News

$135.52
-0.57 (-0.42 %)
(As of 08/11/2020 04:00 PM ET)
Add
Compare
Today's Range
$134.07
Now: $135.52
$137.90
50-Day Range
$123.66
MA: $132.63
$141.12
52-Week Range
$102.48
Now: $135.52
$192.13
Volume136,614 shs
Average Volume130,448 shs
Market Capitalization$3.72 billion
P/E Ratio30.80
Dividend Yield3.09%
Beta0.44
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 December 31, 2018, the Company wholly owned 28.2 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.
Read More
PS Business Parks logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.7Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.44 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP69360J10
Phone818-244-8080

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$429.85 million
Cash Flow$10.02 per share
Book Value$37.07 per share

Profitability

Net Income$174.97 million

Miscellaneous

Employees156
Market Cap$3.72 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$135.52
-0.57 (-0.42 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PSB News and Ratings via Email

Sign-up to receive the latest news and ratings for PSB and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











PS Business Parks (NYSE:PSB) Frequently Asked Questions

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

PS Business Parks' stock was trading at $138.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PSB stock has decreased by 2.3% and is now trading at $135.52.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of 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 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for PS Business Parks
.

When is PS Business Parks' next earnings date?

PS Business Parks is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
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 Tuesday, August, 4th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.36. PS Business Parks had a net margin of 44.01% and a return on equity of 18.12%.
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 announced a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, September 15th will be given a dividend of $1.05 per share on Wednesday, September 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Monday, September 14th.
View PS Business Parks' dividend history
.

What price target have analysts set for PSB?

3 brokerages have issued 12-month price objectives for PS Business Parks' stock. Their forecasts range from $128.00 to $150.00. On average, they anticipate PS Business Parks' share price to reach $141.00 in the next year. This suggests a possible upside of 4.0% from the stock's current price.
View analysts' price targets for PS Business Parks
.

Has PS Business Parks been receiving favorable news coverage?

Press coverage about PSB stock has been trending neutral this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring 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 0.2 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about PS Business Parks
.

Are investors shorting PS Business Parks?

PS Business Parks saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 318,900 shares, a decline of 7.5% from the July 15th total of 344,600 shares. Based on an average trading volume of 132,700 shares, the short-interest ratio is presently 2.4 days. Currently, 1.6% of the company's stock 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), Apache (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).

Who are PS Business Parks' key executives?

PS Business Parks' management team includes the following people:
  • Ms. Maria R. Hawthorne, Pres, CEO & Director (Age 59)
  • Mr. Jeffrey D. Hedges, Exec. VP, CFO & Sec.
  • Mr. John W. Petersen, Exec. VP & COO (Age 55)
  • Mr. Trenton A. Groves, Sr. VP, Chief Accounting Officer & Assistant Sec.
  • Mr. Coby A. Holley, VP of Investments (Age 50)

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 a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.50%), Chartwell Investment Partners LLC (0.43%), NN Investment Partners Holdings N.V. (0.41%), NN Investment Partners Holdings N.V. (0.39%), First Trust Advisors LP (0.20%) and New York State Teachers Retirement System (0.18%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Kristy Pipes, Maria R Hawthorne, Ronald L Havner Jr and Trenton Groves.
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 WINTON GROUP Ltd, UBS Group AG, First Quadrant L P CA, Robeco Institutional Asset Management B.V., Dupont Capital Management Corp, Russell Investments Group Ltd., Ziegler Capital Management LLC, and New York State Common Retirement Fund. 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, and Ronald L Havner Jr.
View insider buying and selling activity for PS Business Parks
.

Which institutional investors are buying PS Business Parks stock?

PSB stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Green Street Investors LLC, Colony Capital Inc., First Trust Advisors LP, Swiss National Bank, Pacer Advisors Inc., Chartwell Investment Partners LLC, and SG Americas Securities LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is PS Business Parks' stock price today?

One share of PSB stock can currently be purchased for approximately $135.52.

How big of a company is PS Business Parks?

PS Business Parks has a market capitalization of $3.72 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 156 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 8/11/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.