PS Business Parks (PSB) Stock Price, News & Analysis

Company Overview

PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of September 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex.

Key Stats

• Today's Range: $187.44 to $187.44
• 50-Day Range: $185.74 to $187.44
• 52-Week Range: $149.58 to $189.83
• Volume: N/A
• Average Volume: 277,353 shs
• Market Capitalization: $5.18 billion
• P/E Ratio: 11.86
• Dividend Yield: 2.24%
• Price Target: N/A
• Consensus Rating: N/A

PSB Stock Analysis - Frequently Asked Questions

How were PS Business Parks' earnings last quarter?

PS Business Parks, Inc. (NYSE:PSB) released 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 trailing twelve-month return on equity of 42.01% and a net margin of 110.66%.

What other stocks do shareholders of PS Business Parks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PS Business Parks investors own include Endologix (ELGX), APA (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Agree Realty (ADC), Micron Technology (MU) and UMB Financial (UMBF).

Company Calendar

• Last Earnings: 10/27/2021
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real Estate Investment Trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:PSB
• CUSIP: 69360J10
• CIK: 866368
• Web: www.psbusinessparks.com
• Phone: (818) 244-8080
• Fax: 818-242-0566
• Employees: 156
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $15.80
• Trailing P/E Ratio: 11.86
• Forward P/E Ratio: 25.19
• P/E Growth: N/A
• Net Income: $448.76 million
• Net Margins: 110.66%
• Pretax Margin: 136.79%
• Return on Equity: 42.01%
• Return on Assets: 23.08%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 1.51
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $438.70 million
• Price / Sales: 11.80
• Cash Flow: $19.71 per share
• Price / Cash Flow: 9.51
• Book Value: $44.97 per share
• Price / Book: 4.17

Miscellaneous

• Outstanding Shares: 27,627,000
• Free Float: 27,185,000
• Market Cap: $5.18 billion
• Optionable: Optionable
• Beta: 0.43