NYSE:PSB - PS Business Parks Stock Price, Price Target & More

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$128.02 -0.62 (-0.48 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$128.64
Today's Range$127.39 - $129.03
52-Week Range$107.91 - $137.60
Volume134,700 shs
Average Volume95,646 shs
Market Capitalization$3.56 billion
P/E Ratio20.99
Dividend Yield2.61%
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 flex, office and industrial 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 December 31, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 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


Debt-to-Equity RatioN/A
Current Ratio0.95
Quick Ratio0.95


Trailing P/E Ratio20.99
Forward P/E Ratio20.10
P/E GrowthN/A

Sales & Book Value

Annual Sales$402.18 million
Price / Sales8.70
Cash Flow$6.6781 per share
Price / Cash19.17
Book Value$34.13 per share
Price / Book3.75


EPS (Most Recent Fiscal Year)$6.13
Net Income$155.03 million
Net Margins43.04%
Return on Equity18.57%
Return on Assets8.50%


Outstanding Shares27,320,000
Market Cap$3,557.49

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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, April 24th. Investors of record on Wednesday, June 13th will be paid a dividend of $0.85 per share on Thursday, June 28th. This represents a $3.40 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Tuesday, June 12th. View PS Business Parks' Dividend History.

How were PS Business Parks' earnings last quarter?

PS Business Parks Inc (NYSE:PSB) announced its earnings results on Tuesday, April, 24th. The real estate investment trust reported $1.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.92. The real estate investment trust had revenue of $103.75 million for the quarter, compared to analyst estimates of $101.77 million. PS Business Parks had a net margin of 43.04% and a return on equity of 18.57%. PS Business Parks's revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.97 earnings per share. 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, July, 24th 2018. View Earnings Estimates for PS Business Parks.

What price target have analysts set for PSB?

3 equities research analysts have issued 1 year price objectives for PS Business Parks' shares. Their forecasts range from $107.00 to $122.00. On average, they anticipate PS Business Parks' share price to reach $114.50 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. View Analyst Ratings for PS Business Parks.

What is the consensus analysts' recommendation 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 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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
  • Ms. Robin E. Mather, VP of Bus. Devel. (Age 56)
  • Mr. Stuart H. Hutchison, VP of Southern California & Pacific Northwest

Has PS Business Parks been receiving favorable news coverage?

Media stories about PSB stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PS Business Parks earned a news impact score of 0.19 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 47.21 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are PS Business Parks' major shareholders?

PS Business Parks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.19%), Mitsubishi UFJ Asset Management UK Ltd. (0.04%) and State of Alaska Department of Revenue (0.04%). 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 institutional investors are buying PS Business Parks stock?

PSB stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Mitsubishi UFJ Asset Management UK Ltd. and State of Alaska Department of Revenue. 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 $128.02.

How big of a company is PS Business Parks?

PS Business Parks has a market capitalization of $3.56 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:  2.1 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  298
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 7/17/2018 by MarketBeat.com Staff

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