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

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$130.73 +1.17 (+0.90 %)
(As of 08/16/2018 09:53 AM ET)
Previous Close$129.56
Today's Range$129.70 - $130.73
52-Week Range$107.91 - $137.60
Volume306 shs
Average Volume92,869 shs
Market Capitalization$3.52 billion
P/E Ratio21.33
Dividend Yield2.66%
Beta0.47
PS Business Parks logoPS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (?REIT?) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. The Company defines ?flex? space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of March 31, 2018, the Company wholly owned 27.9 million rentable square feet with approximately 4,900 commercial customers in six states and a 95.0% interest in a 395-unit apartment complex.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:PSB
CUSIP69360J10
Phone818-244-8080

Debt

Debt-to-Equity Ratio0.01
Current Ratio0.50
Quick Ratio0.50

Price-To-Earnings

Trailing P/E Ratio21.33
Forward P/E Ratio20.46
P/E Growth4.03

Sales & Book Value

Annual Sales$402.18 million
Price / Sales8.88
Cash Flow$6.8950 per share
Price / Cash18.96
Book Value$34.13 per share
Price / Book3.83

Profitability

EPS (Most Recent Fiscal Year)$6.13
Net Income$155.03 million
Net Margins54.22%
Return on Equity23.01%
Return on Assets10.66%

Miscellaneous

Employees158
Outstanding Shares27,330,000
Market Cap$3.52 billion

PS Business Parks (NYSE:PSB) Frequently Asked Questions

What is PS Business Parks' stock symbol?

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

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, July 24th. Stockholders 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 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, September 11th. This is a positive change from PS Business Parks's previous quarterly dividend of $0.85. View PS Business Parks' Dividend History.

How were PS Business Parks' earnings last quarter?

PS Business Parks Inc (NYSE:PSB) issued its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.13. The real estate investment trust had revenue of $101.82 million for the quarter, compared to analysts' expectations 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.

When is PS Business Parks' next earnings date?

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

What price target have analysts set for PSB?

4 analysts have issued 1-year target prices for PS Business Parks' shares. Their forecasts range from $107.00 to $131.00. On average, they expect PS Business Parks' share price to reach $120.00 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for PS Business Parks.

What is the consensus analysts' recommendation 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.

Who are some of PS Business Parks' key competitors?

Who are PS Business Parks' key executives?

PS Business Parks' management team includes the folowing people:
  • Ms. Maria R. Hawthorne, Pres, CEO, Interim CFO & Director (Age 58)
  • Mr. John W. Petersen, Exec. VP & COO (Age 54)
  • Mr. Trenton A. Groves, VP & Corp. Controller
  • Mr. Stuart H. Hutchison, VP of Southern California & Pacific Northwest
  • Mr. Coby A. Holley, VP of Real Estate (Age 49)

Has PS Business Parks been receiving favorable news coverage?

Press coverage about PSB stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PS Business Parks earned a media and rumor sentiment score of 0.19 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 46.25 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for PS Business Parks.

Who are PS Business Parks' major shareholders?

PS Business Parks' stock is owned by a variety of of retail and institutional 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.

Which major investors are selling PS Business Parks stock?

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 Chartwell Investment Partners LLC. 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.

Which major investors are buying PS Business Parks stock?

PSB stock was bought 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.

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, Scottrade, Fidelity and Charles Schwab.

What is PS Business Parks' stock price today?

One share of PSB stock can currently be purchased for approximately $130.73.

How big of a company is PS Business Parks?

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.

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]


MarketBeat Community Rating for PS Business Parks (NYSE PSB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  307
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.
This page was last updated on 8/16/2018 by MarketBeat.com Staff

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