PS Business Parks Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "moderate buy" PS Business Parks stock.
View analyst ratings for PS Business Parks or view top-rated stocks.

2 Wall Street research analysts have issued twelve-month price objectives for PS Business Parks' stock. Their PSB stock forecasts range from $170.00 to $175.00. On average, they anticipate PS Business Parks' share price to reach $172.50 in the next year. This suggests that the stock has a possible downside of 7.7%.
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 stock has increased by 1.5% and is now trading at $186.94.
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PS Business Parks is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for PS Business Parks.

PS Business Parks, Inc. (NYSE:PSB) issued 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 net margin of 110.66% and a trailing twelve-month return on equity of 42.01%. During the same quarter last year, the business earned $1.61 EPS.
View PS Business Parks' earnings history.

PS Business Parks declared a quarterly dividend on Friday, April 29th. Investors of record on Wednesday, June 15th will be given a dividend of $1.05 per share on Thursday, June 30th. This represents a $4.20 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Tuesday, June 14th.
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 2.25%. 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.

Some companies that are related to PS Business Parks include Duke Realty (DRE), Vornado Realty Trust (VNO), Spirit Realty Capital (SRC), Cousins Properties (CUZ), LXP Industrial Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
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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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.37%), BlackRock Inc. (9.97%), Wellington Management Group LLP (7.29%), State Street Corp (4.43%), Principal Financial Group Inc. (4.19%) and Invesco Ltd. (1.28%). 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.

PSB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Goldman Sachs Group Inc., Chartwell Investment Partners LLC, Northern Trust Corp, ClariVest Asset Management LLC, UBS Group AG, and Bank of America Corp DE. Company insiders that have sold PS Business Parks company stock in the last two years include Jennifer Holden Dunbar, Joseph D Russell Jr, Joseph D Russell, Jr, Peter Schultz, and Trenton Groves.
View insider buying and selling activity for PS Business Parks or view top insider-selling stocks.

PSB stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Principal Financial Group Inc., Allianz Asset Management GmbH, Charles Schwab Investment Management Inc., Heartland Advisors Inc., State of New Jersey Common Pension Fund D, and SG Americas Securities LLC.
View insider buying and selling activity for PS Business Parks or or view top insider-buying stocks.

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 $186.94.

PS Business Parks (NYSE:PSB) has a market capitalization of $5.17 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 [email protected], or via fax at 818-242-0566.