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PS Business Parks Future Growth

Future criteria checks 0/6

Key information

-41.1%

Earnings growth rate

-49.0%

EPS growth rate

REITs earnings growth	-1.4%
Revenue growth rate	5.4%
Future return on equity	8.5%
Analyst coverage	Low
Last updated	n/a

Recent future growth updates

Recent updates

PS Business Parks declares $5.25 dividend in connection with pending transaction

Jul 08

PS Business Parks: High Quality Persists, But Shares Are Even More Expensive Than Before

Nov 25

PS Business Parks: Shareholders Rule This Kingdom

Aug 27

The PS Business Parks, Inc. (NYSE:PSB) Analysts Have Been Trimming Their Sales Forecasts

Aug 21

PS Business Parks: Healthy But Pricey

Jun 11

PS Business Parks declares $1.05 dividend

Apr 27

Have Insiders Sold PS Business Parks, Inc. (NYSE:PSB) Shares Recently?

Mar 20

If 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 18

A Deep Dive On PS Business Parks

Jan 06

Should You Review Recent Insider Transactions At PS Business Parks, Inc. (NYSE:PSB)?

Dec 21

PS Business Parks (NYSE:PSB) Has Compensated Shareholders With A Respectable 78% Return On Their Investment

Nov 25

PS Business Parks FFO misses by $0.03, beats on revenue

Oct 28

Should 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 17

Earnings and Revenue Growth Forecasts

NYSE:PSB - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2024	505	156	N/A	N/A	1
12/31/2023	472	143	N/A	N/A	1
12/31/2022	445	127	N/A	N/A	1
6/30/2022	445	469	289	289	N/A
3/31/2022	443	437	300	300	N/A
12/31/2021	439	393	302	302	N/A
9/30/2021	433	153	298	298	N/A
6/30/2021	426	131	283	283	N/A
3/31/2021	417	111	276	276	N/A
12/31/2020	416	125	277	277	N/A
9/30/2020	417	125	281	281	N/A
6/30/2020	421	121	292	292	N/A
3/31/2020	428	124	296	296	N/A
12/31/2019	430	109	291	291	N/A
9/30/2019	428	113	293	293	N/A
6/30/2019	424	112	286	286	N/A
3/31/2019	418	153	277	277	N/A
12/31/2018	414	173	276	276	N/A
9/30/2018	411	163	272	269	N/A
6/30/2018	407	156	268	266	N/A
3/31/2018	405	110	270	268	N/A
12/31/2017	401	90	277	272	N/A
9/30/2017	397	82	269	267	N/A
6/30/2017	394	84	272	269	N/A
3/31/2017	391	75	263	261	N/A
12/31/2016	387	63	251	251	N/A
9/30/2016	384	65	250	250	N/A
6/30/2016	380	68	246	246	N/A
3/31/2016	377	63	N/A	242	N/A
12/31/2015	373	68	N/A	239	N/A
9/30/2015	370	136	N/A	227	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSB's earnings are forecast to decline over the next 3 years (-41.1% per year).

Earnings vs Market: PSB's earnings are forecast to decline over the next 3 years (-41.1% per year).

High Growth Earnings: PSB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PSB's revenue (5.4% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: PSB's revenue (5.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PSB's Return on Equity is forecast to be low in 3 years time (8.5%).

This company has been acquired

PS Business Parks Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased to US$179

Consensus forecasts updated

Price target increased to US$146

Analysts increase EPS estimates to US$3.36

Analysts update estimates

Recent updates

Blackstone Real Estate Partners IX L.P., managed by Blackstone Real Estate Advisors completed the acquisition of PS Business Parks, Inc. (NYSE:PSB) from Public Storage (NYSE:PSA) and others.

Second quarter 2022 earnings: Revenues in line with analyst expectations

Ps Business Parks, Inc. Proposes Cash Dividend

PS Business Parks declares $5.25 dividend in connection with pending transaction

PS Business Parks Will Disappear, But What With The Preferred Shares?

Upcoming dividend of US$1.05 per share

PS Business Parks, Inc. Announces Quarterly Dividend, Payable on June 30, 2022

Blackstone Real Estate Partners IX L.P., a fund managed by Blackstone Real Estate Advisors entered into a definitive agreement to acquire PS Business Parks, Inc. (NYSE:PSB) from Public Storage (NYSE:PSA) and others for $6.6 billion.

PS Business Parks, Inc. to Report Q1, 2022 Results on May 02, 2022

PS Business Parks, Inc. Appoints Stephen W. Wilson as the Company's President

An unknown buyer acquired 12 buildings in the Royal Tech Business Park in Irving from PS Business Parks, Inc. for $93 million.

Now 21% undervalued after recent price drop

PS Business Parks: Not Any Better An Opportunity

Chairman exercised options to buy US$2.3m worth of stock.

Upcoming dividend of US$1.05 per share

Does PS Business Parks (NYSE:PSB) Deserve A Spot On Your Watchlist?

An unkown buyer acquired Royal Tech 10, 70,000 square foot industrial-flex building located in Irving, Texas from PS Business Parks, Inc. (NYSE:PSB) for $8.8 million.

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Independent Director exercised options to buy US$2.1m worth of stock.

PS Business Parks, Inc. to Report Q4, 2021 Results on Feb 22, 2022

Now 20% undervalued after recent price drop

Independent Director exercised options and sold US$625k worth of stock

Upcoming dividend of US$5.65 per share

PS Business Parks, Inc. Announces Special Dividend to Be Paid in the Fourth Quarter 2021, Payable on December 30, 2021

PS Business Parks: High Quality Persists, But Shares Are Even More Expensive Than Before

Director exercised options and sold US$1.1m worth of stock

Price target increased to US$179

Upcoming dividend of US$1.05 per share

PS Business Parks, Inc acquired Port America in Texas for approximately $120 million.

PS Business Parks: Shareholders Rule This Kingdom

The PS Business Parks, Inc. (NYSE:PSB) Analysts Have Been Trimming Their Sales Forecasts

Consensus forecasts updated

Second quarter 2021 earnings released: FFO US$2.23 per share (vs US$2.02 in 2Q 2020)

Insider recently sold US$149k worth of stock

Executive VP & COO John Petersen has left the company

PS Business Parks: Healthy But Pricey

Senior VP recently sold US$479k worth of stock

Upcoming dividend of US$1.05 per share

Presiding Independent Director exercised options and sold US$1.2m worth of stock

Director notifies of intention to sell stock

Director recently sold US$935k worth of stock

Director notifies of intention to sell stock

Price target increased to US$146

First quarter 2021 earnings released: FFO US$2.13 per share (vs US$2.19 in 1Q 2020)

PS Business Parks, Inc. Declares Quarterly Dividend, Payable on June 30, 2021

PS Business Parks declares $1.05 dividend

Independent Director has left the company

Chairman exercised options to buy US$332k worth of stock.

Director notifies of intention to sell stock

Director recently sold US$865k worth of stock

Have Insiders Sold PS Business Parks, Inc. (NYSE:PSB) Shares Recently?

Director notifies of intention to sell stock

PS Business Parks, Inc. Announces Retirement of James H. Kropp from the Board

PS Business Parks, Inc., Annual General Meeting, Apr 20, 2021

Analysts increase EPS estimates to US$3.36

PS Business Parks, Inc. Announces Executive Changes, Effective April 5, 2021

New 90-day high: US$148

Full year 2020 earnings released: EPS US$4.53 (vs US$3.97 in FY 2019)

Revenue and earnings beat expectations

If You Like EPS Growth Then Check Out PS Business Parks (NYSE:PSB) Before It's Too Late

New 90-day high: US$141

PS Business Parks, Inc. to Report Q4, 2020 Results on Feb 22, 2021

Is PS Business Parks, Inc.'s(NYSE:PSB) Recent Stock Performance Tethered To Its Strong Fundamentals?

A Deep Dive On PS Business Parks

Should You Review Recent Insider Transactions At PS Business Parks, Inc. (NYSE:PSB)?

Upcoming Dividend of US$1.05 Per Share

PS Business Parks (NYSE:PSB) Has Compensated Shareholders With A Respectable 78% Return On Their Investment

New 90-day high: US$138