How to buy PS Business Parks (PSB) stock

PS Business Parks, Inc is a reit-diversified business based in the US. PS Business Parks shares (PSB) are listed on the NYSE and all prices are listed in US Dollars. PS Business Parks employs 155 staff and has a trailing 12-month revenue of around 0.00.

PS Business Parks stock price (NYSE: PSB)

Use our graph to track the performance of PSB stocks over time.

PS Business Parks shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$154.96
52-week range	$106.97 - $164.76
50-day moving average	$153.91
200-day moving average	$150.72
Wall St. target price	$141.00
PE ratio	38.0199
Dividend yield	$4.2 (2.71%)
Earnings per share (TTM)	$4.02

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Is it a good time to buy PS Business Parks stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of PS Business Parks, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

PS Business Parks price performance over time

Historical closes compared with the close of $154.96 from 2021-05-28

1 week (2021-07-17)	N/A
1 month (2021-06-28)	3.52%
3 months (2021-04-28)	-3.14%
6 months (2021-01-24)	N/A

1 year (2020-07-24)	N/A
2 years (2019-07-24)	N/A
3 years (2018-07-24)	N/A
5 years (2016-07-24)	N/A

Is PS Business Parks under- or over-valued?

Valuing PS Business Parks stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PS Business Parks's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PS Business Parks's P/E ratio

PS Business Parks's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, PS Business Parks shares trade at around 38x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PS Business Parks's EBITDA

PS Business Parks's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $269.4 million.

The EBITDA is a measure of a PS Business Parks's overall financial performance and is widely used to measure a its profitability.

PS Business Parks financials

Revenue TTM	$417.5 million
Operating margin TTM	43.53%
Gross profit TTM	$290.1 million
Return on assets TTM	5.53%
Return on equity TTM	9.58%
Profit margin	38.26%
Book value	$29.42
Market capitalisation	$4.2 billion

TTM: trailing 12 months

Shorting PS Business Parks shares

There are currently 361,446 PS Business Parks shares held short by investors – that's known as PS Business Parks's "short interest". This figure is 10.4% down from 403,271 last month.

There are a few different ways that this level of interest in shorting PS Business Parks shares can be evaluated.

PS Business Parks's "short interest ratio" (SIR)

PS Business Parks's "short interest ratio" (SIR) is the quantity of PS Business Parks shares currently shorted divided by the average quantity of PS Business Parks shares traded daily (recently around 117734.8534202). PS Business Parks's SIR currently stands at 3.07. In other words for every 100,000 PS Business Parks shares traded daily on the market, roughly 3070 shares are currently held short.

However PS Business Parks's short interest can also be evaluated against the total number of PS Business Parks shares, or, against the total number of tradable PS Business Parks shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PS Business Parks's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 PS Business Parks shares in existence, roughly 10 shares are currently held short) or 0.018% of the tradable shares (for every 100,000 tradable PS Business Parks shares, roughly 18 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PS Business Parks.

Find out more about how you can short PS Business Parks stock.

PS Business Parks share dividends

Dividend payout ratio: 64.32% of net profits

Recently PS Business Parks has paid out, on average, around 64.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PS Business Parks shareholders could enjoy a 2.71% return on their shares, in the form of dividend payments. In PS Business Parks's case, that would currently equate to about $4.2 per share.

PS Business Parks's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

PS Business Parks's most recent dividend payout was on 29 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2021 (the "ex-dividend date").

PS Business Parks share price volatility

Over the last 12 months, PS Business Parks's shares have ranged in value from as little as $106.9684 up to $164.7588. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PS Business Parks's is 0.4913. This would suggest that PS Business Parks's shares are less volatile than average (for this exchange).

PS Business Parks 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. 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.

Frequently asked questions

What percentage of PS Business Parks is owned by insiders or institutions?
Currently 27.599% of PS Business Parks shares are held by insiders and 73.044% by institutions. How many people work for PS Business Parks?
Latest data suggests 155 work at PS Business Parks. When does the fiscal year end for PS Business Parks?
PS Business Parks's fiscal year ends in December. Where is PS Business Parks based?
PS Business Parks's address is: 701 Western Avenue, Glendale, CA, United States, 91201 What is PS Business Parks's ISIN number?
PS Business Parks's international securities identification number is: US69360J1079 What is PS Business Parks's CUSIP number?
PS Business Parks's Committee on Uniform Securities Identification Procedures number is: 69360J107