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PS Business Parks Inc

PSB

Latest Trade

118.30USD

Change

0.77(+0.66%)

Volume

70,102

Today's Range

116.52

 - 

118.46

52 Week Range

102.48

 - 

192.13

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
117.53
Open
116.75
Volume
70,102
3M AVG Volume
2.54
Today's High
118.46
Today's Low
116.52
52 Week High
192.13
52 Week Low
102.48
Shares Out (MIL)
27.48
Market Cap (MIL)
3,230.02
Forward P/E
32.45
Dividend (Yield %)
3.57

Next Event

Q3 2020 PS Business Parks Inc Earnings Release

Latest Developments

More

Maria Hawthorne To Retire As President And Chief Executive Officer Of PS Business Parks

PS Business Parks Reports Results For Quarter Ended March 31, 2020

Ps Business Parks Names Interim Chief Executive Officer

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About PS Business Parks Inc

PS Business Parks, Inc. (PSB) is a self-advised and self-managed real estate investment trust (REIT). The Company owns, operates and develops commercial properties, primarily multi-tenant flex, office and industrial parks. It focuses on owning concentrated business parks. PS Business Parks, L.P. (the Operating Partnership) is a California limited partnership, which owns directly or indirectly substantially all of its assets and through, which the Company conducts substantially all of its business. PSB is the partner of the Operating Partnership and owns approximately 77.9% of the common partnership units. The remaining common partnership units are owned by Public Storage (PS). The Company owns and operates approximately 27.5 million rentable square feet of commercial space in the states, including California, Texas, Virginia, Florida, Maryland and Washington. It also manages 684,000 rentable square feet on behalf of PS.

Industry

Real Estate Operations

Contact Info

701 Western Ave Ste 200

GLENDALE, CA

91201-2349

United States

+1.818.2448080

https://www.psbusinessparks.com/

Executive Leadership

Ronald L. Havner

Chairman of the Board

John W. Petersen

Interim President, Chief Executive Officer, Chief Operating Officer

Jeffrey D. Hedges

Chief Financial Officer, Executive Vice President, Secretary

Trenton A. Groves

Senior Vice President, Chief Accounting Officer, Assistant Secretary

James H. Kropp

Presiding Independent Director

Key Stats

3.50 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.4K

2018

0.4K

2019

0.4K

2020(E)

0.4K
EPS (USD)

2017

3.660

2018

2.900

2019

3.340

2020(E)

3.622
Price To Earnings (TTM)
26.78
Price To Sales (TTM)
7.67
Price To Book (MRQ)
3.99
Price To Cash Flow (TTM)
12.51
Total Debt To Equity (MRQ)
0.00
LT Debt To Equity (MRQ)
0.00
Return on Investment (TTM)
12.37
Return on Equity (TTM)
10.58

Latest News

Latest News

BRIEF-PS Business Parks Quarterly FFO Per Share $1.59

* PS BUSINESS PARKS, INC. REPORTS RESULTS FOR THE QUARTER ENDED MARCH 31, 2018

BRIEF-Business Parks Announces Sale Of Orange County Business Center In Orange County, California

* BUSINESS PARKS INC ANNOUNCES SALE OF ORANGE COUNTY BUSINESS CENTER IN ORANGE COUNTY, CALIFORNIA Source text for Eikon: Further company coverage:

BRIEF-PS Business Parks Files For Potential Mixed Shelf Offering

* PS BUSINESS PARKS INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED Source text: (http://bit.ly/2tiMe3w) Further company coverage:

BRIEF-PS Business Parks Quarterly Ffo Per Share $1.40

* PS BUSINESS PARKS, INC. REPORTS RESULTS FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 2017

BRIEF-PS Business Parks Priced Offering Of 8 Mln Depositary Shares At $25 Per Share

* PS BUSINESS PARKS - PRICED OFFERING OF 8 MILLION DEPOSITARY SHARES AT $25.00 PER SHARE Source text for Eikon: Further company coverage:

BRIEF-PS business parks quarterly FFO/shr $1.36

* Ps business parks inc qtrly rental income $100.5 million versus $97.3 million Source text for Eikon: Further company coverage:

BRIEF-PS Business Parks ‍calls for a partial redemption of 8.8 mln depositary shares​

* PS Business Parks Inc - Calling for a partial redemption of 8.8 million of its outstanding 14 million depositary shares

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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