company background image
PSB

PS Business Parks NYSE:PSB Stock Report

Last Price

US$187.44

Market Cap

US$6.5b

7D

0.2%

1Y

21.1%

Updated

20 Jul, 2022

Data

Company Financials +
PSB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

PSB 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.

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$187.44
52 Week HighUS$189.83
52 Week LowUS$149.58
Beta0.44
1 Month Change0.82%
3 Month Change9.78%
1 Year Change21.15%
3 Year Change6.23%
5 Year Change43.30%
Change since IPO687.15%

Recent News & Updates

Shareholder Returns

PSBUS REITsUS Market
7D0.2%-4.1%-2.5%
1Y21.1%-20.4%-23.2%

Return vs Industry: PSB exceeded the US REITs industry which returned -12.3% over the past year.

Return vs Market: PSB exceeded the US Market which returned -17.2% over the past year.

Price Volatility

Is PSB's price volatile compared to industry and market?
PSB volatility
PSB Average Weekly Movement3.5%
REITs Industry Average Movement4.2%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: PSB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PSB'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 fundamental statistics
Market CapUS$6.55b
Earnings (TTM)US$468.68m
Revenue (TTM)US$445.04m

11.1x

P/E Ratio

11.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSB 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 Ratio0.9%

How did PSB perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

68%

Payout Ratio