This company has been acquired
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
PS Business Parks, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$187.44 |
| 52 Week High | US$189.83 |
| 52 Week Low | US$149.58 |
| Beta | 0.44 |
| 1 Month Change | 0.82% |
| 3 Month Change | 9.78% |
| 1 Year Change | 21.15% |
| 3 Year Change | 6.23% |
| 5 Year Change | 43.30% |
| Change since IPO | 687.15% |
Recent News & Updates
PS Business Parks declares $5.25 dividend in connection with pending transaction
Jul 08PS Business Parks Will Disappear, But What With The Preferred Shares?
Jun 29Recent updates
PS Business Parks declares $5.25 dividend in connection with pending transaction
Jul 08PS Business Parks Will Disappear, But What With The Preferred Shares?
Jun 29PS Business Parks: Not Any Better An Opportunity
Mar 18Does PS Business Parks (NYSE:PSB) Deserve A Spot On Your Watchlist?
Feb 28
PS Business Parks: High Quality Persists, But Shares Are Even More Expensive Than Before
Nov 25PS Business Parks: Shareholders Rule This Kingdom
Aug 27The PS Business Parks, Inc. (NYSE:PSB) Analysts Have Been Trimming Their Sales Forecasts
Aug 21PS Business Parks: Healthy But Pricey
Jun 11PS Business Parks declares $1.05 dividend
Apr 27Have Insiders Sold PS Business Parks, Inc. (NYSE:PSB) Shares Recently?
Mar 20If You Like EPS Growth Then Check Out PS Business Parks (NYSE:PSB) Before It's Too Late
Feb 15
Is PS Business Parks, Inc.'s(NYSE:PSB) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 18A Deep Dive On PS Business Parks
Jan 06Should You Review Recent Insider Transactions At PS Business Parks, Inc. (NYSE:PSB)?
Dec 21PS Business Parks (NYSE:PSB) Has Compensated Shareholders With A Respectable 78% Return On Their Investment
Nov 25PS Business Parks FFO misses by $0.03, beats on revenue
Oct 28Should Weakness in PS Business Parks, Inc.'s (NYSE:PSB) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jul 17Shareholder Returns
| PSB | US REITs | US Market | |
|---|---|---|---|
| 7D | 0.2% | -3.6% | -3.7% |
| 1Y | 21.1% | -12.5% | 20.5% |
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
| PSB volatility | |
|---|---|
| PSB Average Weekly Movement | 3.5% |
| REITs Industry Average Movement | 3.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PSB has not had significant price volatility in the past 3 months.
Volatility Over Time: PSB'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 fundamental statistics | |
|---|---|
| Market cap | US$6.55b |
| Earnings (TTM) | US$468.68m |
| Revenue (TTM) | US$445.04m |
11.1x
P/E Ratio11.6x
P/S RatioIs PSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSB 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 | 0.9% |
How did PSB perform over the long term?
See historical performance and comparison