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

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, October 22nd. Investors of record on Friday, December 13th will be given a dividend of $1.05 per share on Monday, December 30th. This represents a $4.20 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Thursday, December 12th. View PS Business Parks' Dividend History.

PS Business Parks Inc (NYSE:PSB) issued its quarterly earnings results on Tuesday, October, 22nd. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.15. The real estate investment trust earned $108.06 million during the quarter, compared to analysts' expectations of $106.77 million. PS Business Parks had a net margin of 35.61% and a return on equity of 14.96%. View PS Business Parks' Earnings History.

PS Business Parks is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for PS Business Parks.

3 brokerages have issued 1-year price targets for PS Business Parks' stock. Their forecasts range from $145.00 to $180.00. On average, they expect PS Business Parks' stock price to reach $166.67 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. View Analyst Price Targets for 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.

Media stories about PSB stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news 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 -3.1 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for PS Business Parks.

PS Business Parks saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 285,900 shares, a drop of 15.9% from the December 31st total of 340,100 shares. Based on an average daily volume of 90,200 shares, the short-interest ratio is presently 3.2 days. Approximately 1.4% of the shares of the company are sold short. View PS Business Parks' Current Options Chain.

Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Liberty Property Trust (LPT), Cousins Properties (CUZ), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), American Assets Trust (AAT), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR), Gyrodyne (GYRO) and RAIT Financial Trust (RAS).

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), Semtech (SMTC), UMB Financial (UMBF), Agree Realty (ADC), Micron Technology (MU), Insperity (NSP) and Occidental Petroleum (OXY).

PS Business Parks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.92%), Goldman Sachs Group Inc. (2.34%), Charles Schwab Investment Management Inc. (1.68%), Bank of New York Mellon Corp (1.07%), FMR LLC (1.03%) and Panagora Asset Management Inc. (0.49%). Company insiders that own PS Business Parks stock include James H Kropp, Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Maria R Hawthorne, Ronald L Havner Jr, Sara Grootwassink Lewis and Trenton Groves. View Institutional Ownership Trends for PS Business Parks.

PSB stock was sold by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., State Street Corp, Chicago Equity Partners LLC, FMR LLC, Mackay Shields LLC, Goldman Sachs Group Inc., Sei Investments Co. and Stifel Financial Corp. Company insiders that have sold PS Business Parks company stock in the last year include Jennifer Holden Dunbar, John W Petersen, Joseph D Russell, Jr, Ronald L Havner Jr and Trenton Groves. View Insider Buying and Selling for PS Business Parks.

PSB stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Man Group plc, Echo Street Capital Management LLC, UBS Group AG, Thrivent Financial for Lutherans, KBC Group NV, Schroder Investment Management Group and Bank of America Corp DE. 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, Robinhood, Fidelity and Charles Schwab.

One share of PSB stock can currently be purchased for approximately $167.32.

PS Business Parks has a market capitalization of $4.59 billion and generates $413.52 million in revenue each year. The real estate investment trust earns $226.70 million in net income (profit) each year or $6.47 on an earnings per share basis. PS Business Parks employs 156 workers across the globe.View Additional Information About PS Business Parks.

The official website for PS Business Parks is http://www.psbusinessparks.com/.

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]