NYSE:PSB PS Business Parks Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PS Business Parks Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $123.30 +0.06 (+0.05 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$121.63Now: $123.30▼$123.4850-Day Range$122.48MA: $130.11▼$141.1252-Week Range$102.48Now: $123.30▼$192.13Volume11,623 shsAverage Volume129,641 shsMarket Capitalization$3.39 billionP/E Ratio28.02Dividend Yield3.41%Beta0.35 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 Beat the Market (BTM) Rank™ 1.7 Analyst's Opinion Consensus RatingPS Business Parks has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $144.67, PS Business Parks has a forecasted upside of 17.3% from its current price of $123.30.Amount of Analyst CoveragePS Business Parks has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesPS Business Parks has received 222 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPS Business Parks has received 252 “underperform” votes. (Add your “underperform” vote.)Community SentimentPS Business Parks has received 53.16% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldPS Business Parks pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPS Business Parks has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of PS Business Parks is 61.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PS Business Parks will have a dividend payout ratio of 61.76% next year. This indicates that PS Business Parks will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PS Business Parks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $405,452.00 in company stock.Percentage Held by InsidersOnly 1.44% of the stock of PS Business Parks is held by insiders.Percentage Held by Institutions71.16% of the stock of PS Business Parks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for PS Business Parks are expected to grow by 1.95% in the coming year, from $6.67 to $6.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PS Business Parks is 28.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of PS Business Parks is 28.02, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.67.Price to Book Value per Share RatioPS Business Parks has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.7Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.62 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:PSB Previous Symbol CUSIP69360J10 CIK866368 Webwww.psbusinessparks.com Phone818-244-8080Debt Debt-to-Equity RatioN/A Current Ratio1.64 Quick Ratio1.64Price-To-Earnings Trailing P/E Ratio28.02 Forward P/E Ratio18.49 P/E GrowthN/A Sales & Book Value Annual Sales$429.85 million Price / Sales7.88 Cash Flow$10.27 per share Price / Cash Flow12.01 Book Value$37.07 per share Price / Book3.33Profitability EPS (Most Recent Fiscal Year)$6.78 Net Income$174.97 million Net Margins44.01% Return on Equity18.12% Return on Assets8.96%Miscellaneous Employees156 Outstanding Shares27,482,000Market Cap$3.39 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $123.30 +0.06 (+0.05 %) (As of 09/18/2020 12:00 AM 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. PS Business Parks (NYSE:PSB) Frequently Asked Questions How has PS Business Parks' stock price been impacted by 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 11.1% and is now trading at $123.30. View which stocks have been most impacted by COVID-19. 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) announced its earnings results on Tuesday, August, 4th. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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 declared a quarterly dividend on Tuesday, August 4th. Shareholders 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 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Monday, September 14th. View PS Business Parks' dividend history. What price target have analysts set for PSB? 3 equities research analysts have issued 12 month price objectives for PS Business Parks' shares. Their forecasts range from $139.00 to $150.00. On average, they anticipate PS Business Parks' share price to reach $144.67 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View analysts' price targets for PS Business Parks. Who are some of PS Business Parks' key competitors? Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.62%), Goldman Sachs Group Inc. (2.48%), Nuveen Asset Management LLC (1.52%), Charles Schwab Investment Management Inc. (1.11%), Bank of New York Mellon Corp (1.03%) and APG Asset Management N.V. (0.75%). 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 FMR LLC, FMR LLC, Nuveen Asset Management LLC, Charles Schwab Investment Management Inc., WINTON GROUP Ltd, UBS Group AG, Bank of New York Mellon Corp, and First Quadrant L P CA. 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 bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Green Street Investors LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Colony Capital Inc., Balyasny Asset Management LLC, and Cbre Clarion 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 $123.30. How big of a company is PS Business Parks? PS Business Parks has a market capitalization of $3.39 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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