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PS Business Parks NYSE:PSB.PRX Stock Report

Last Price

US$19.30

Market Cap

US$6.5b

7D

0.4%

1Y

-26.7%

Updated

24 Jul, 2022

Data

Company Financials

PS Business Parks, Inc.

NYSE:PSB.PRX Stock Report

Market Cap: US$6.5b

PSB.PRX Stock 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.

PSB.PRX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

PS Business Parks, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PS Business Parks
Historical stock prices
Current Share PriceUS$19.30
52 Week HighUS$26.84
52 Week LowUS$18.51
Beta0.44
1 Month Change0.052%
3 Month Change-19.42%
1 Year Change-26.74%
3 Year Change-24.02%
5 Year Changen/a
Change since IPO-22.15%

Recent News & Updates

Recent updates

Shareholder Returns

PSB.PRXUS REITsUS Market
7D0.4%-1.1%-0.08%
1Y-26.7%-13.3%27.7%

Return vs Industry: PSB.PRX underperformed the US REITs industry which returned -1.6% over the past year.

Return vs Market: PSB.PRX underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is PSB.PRX's price volatile compared to industry and market?
PSB.PRX volatility
PSB.PRX Average Weekly Movement4.3%
REITs Industry Average Movement3.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: PSB.PRX's share price has been volatile over the past 3 months.

Volatility Over Time: PSB.PRX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990156Steve Wilsonhttps://www.psbusinessparks.com

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.

PS Business Parks, Inc. Fundamentals Summary

How do PS Business Parks's earnings and revenue compare to its market cap?
PSB.PRX fundamental statistics
Market capUS$6.55b
Earnings (TTM)US$468.68m
Revenue (TTM)US$445.04m

1.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSB.PRX income statement (TTM)
RevenueUS$445.04m
Cost of RevenueUS$132.53m
Gross ProfitUS$312.51m
Other Expenses-US$156.16m
EarningsUS$468.68m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)16.96
Gross Margin70.22%
Net Profit Margin105.31%
Debt/Equity Ratio0%

How did PSB.PRX perform over the long term?

See historical performance and comparison
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