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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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PS Business Parks, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.30 |
| 52 Week High | US$26.84 |
| 52 Week Low | US$18.51 |
| Beta | 0.44 |
| 1 Month Change | 0.052% |
| 3 Month Change | -19.42% |
| 1 Year Change | -26.74% |
| 3 Year Change | -24.02% |
| 5 Year Change | n/a |
| Change since IPO | -22.15% |
Recent News & Updates
Recent updates
Shareholder Returns
| PSB.PRX | US REITs | US Market | |
|---|---|---|---|
| 7D | 0.4% | 1.2% | 5.3% |
| 1Y | -26.7% | -0.009% | 11.9% |
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
| PSB.PRX volatility | |
|---|---|
| PSB.PRX Average Weekly Movement | 4.3% |
| REITs Industry Average Movement | 4.3% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 4.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 156 | Steve Wilson | 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
| PSB.PRX fundamental statistics | |
|---|---|
| Market cap | US$6.55b |
| Earnings (TTM) | US$468.68m |
| Revenue (TTM) | US$445.04m |
1.1x
P/E Ratio1.2x
P/S RatioIs PSB.PRX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSB.PRX income statement (TTM) | |
|---|---|
| Revenue | US$445.04m |
| Cost of Revenue | US$132.53m |
| Gross Profit | US$312.51m |
| Other Expenses | -US$156.16m |
| Earnings | US$468.68m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 16.96 |
| Gross Margin | 70.22% |
| Net Profit Margin | 105.31% |
| Debt/Equity Ratio | 0% |
How did PSB.PRX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/24 23:17 |
| End of Day Share Price | 2022/07/22 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PS Business Parks, Inc. is covered by 8 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Lucas | Baird |
| Richard Anderson | BMO Capital Markets U.S. (Historical) |
| Michael Bilerman | Citigroup Inc |