PS Business Parks, Inc. (PSB)
Stock Price:
$135.52 USD
-0.57 (-0.42%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
3.72B |
| Revenue (ttm) |
421.01M |
| Net Income (ttm) |
185.29M |
| Shares Out |
27.48M |
| EPS (ttm) |
4.39 |
| PE Ratio |
30.87 |
| Forward PE |
n/a |
| Dividend |
$4.20 |
| Dividend Yield |
3.10% |
Stock Quote
| Trading Day |
Aug 11, 2020 |
| Last Price |
$135.52 |
| Previous Close |
$136.09 |
| Change ($) |
-0.57 |
| Change (%) |
-0.42% |
| Day's Open |
137.90 |
| Day's Range |
134.07 - 137.90 |
| Day's Volume |
136,614 |
| 52-Week Range |
102.48 - 192.13 |
More Stats
| Market Cap |
3.72B |
| Enterprise Value |
3.63B |
| Earnings Date (est) |
Oct 27, 2020 |
| Ex-Dividend Date |
Jun 12, 2020 |
| Shares Outstanding |
27.48M |
| Float |
20.04M |
| EPS (basic) |
4.41 |
| EPS (diluted) |
4.39 |
| FCF / Share |
10.35 |
| Dividend |
$4.20 |
| Dividend Yield |
3.10% |
| Earnings Yield |
3.24% |
| FCF Yield |
7.64% |
| Payout Ratio |
n/a |
| Shares Short |
318,919 |
| Short Ratio |
2.29 |
| Short % of Float |
2.27% |
| Beta |
0.45 |
| PE Ratio |
30.87 |
| Forward PE |
n/a |
| P/FCF Ratio |
13.09 |
| PS Ratio |
8.85 |
| PB Ratio |
4.61 |
| Revenue |
421.01M |
| Operating Income |
178.11M |
| Net Income |
185.29M |
| Free Cash Flow |
284.47M |
| Net Cash |
98.84M |
| Net Cash / Share |
3.60 |
| Gross Margin |
71.61% |
| Operating Margin |
42.31% |
| Profit Margin |
28.70% |
| FCF Margin |
67.57% |
| ROA |
5.41% |
| ROE |
11.02% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (4)
| Buy |
0 |
| Overweight |
0 |
| Hold |
2 |
| Underweight |
0 |
| Sell |
2 |
Analyst Consensus: Underweight
Price Target
$136.25*
(0.54% upside)
Low
120
Current: $135.52
High
150
Target: 136.25
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 430 | 414 | 402 | 387 | 373 | 377 | 360 | 347 | 298 | 277 |
| Revenue Growth | 3.95% | 2.82% | 3.96% | 3.68% | -1% | 4.73% | 3.65% | 16.45% | 7.65% | - |
| Gross Profit | 302 | 289 | 280 | 264 | 252 | 250 | 245 | 233 | 198 | 188 |
| Operating Income | 183 | 178 | 173 | 149 | 133 | 126 | 131 | 115 | 105 | 99.60 |
| Net Income | 175 | 227 | 155 | 128 | 130 | 174 | 103 | 89.08 | 94.09 | 85.33 |
| Shares Outstanding | 27.42 | 27.32 | 27.21 | 27.09 | 26.97 | 26.90 | 24.73 | 24.23 | 24.52 | 24.55 |
| Earnings Per Share | 3.95 | 6.31 | 3.30 | 2.31 | 2.52 | 4.19 | 1.77 | 0.81 | 2.12 | 1.58 |
| EPS Growth | -37.4% | 91.21% | 42.86% | -8.33% | -39.86% | 136.72% | 118.52% | -61.79% | 34.18% | - |
| Dividend Per Share | 4.20 | 3.80 | 3.40 | 3.00 | 2.20 | 2.00 | 1.76 | 1.76 | 1.76 | 2.20 |
| Dividend Growth | 10.53% | 11.76% | 13.33% | 36.36% | 10% | 13.64% | 0% | 0% | -20% | - |
| Operating Cash Flow | 291 | 276 | 272 | 251 | 239 | 228 | 222 | 209 | 181 | 177 |
| Capital Expenditures | -34.32 | -37.15 | -49.62 | -44.55 | 8.70 | 113 | -173 | -106 | -337 | -327 |
| Free Cash Flow | 256 | 239 | 222 | 206 | 248 | 341 | 49.42 | 103 | -156 | -150 |
| Cash & Equivalents | 62.79 | 37.38 | 115 | 129 | 189 | 152 | 31.48 | 12.88 | 4.98 | 5.07 |
| Total Debt | - | - | - | - | 250 | 250 | 250 | 468 | 717 | 145 |
| Net Cash / Debt | 62.79 | 37.38 | 115 | 129 | -61.09 | -97.53 | -219 | -455 | -712 | -139 |
| Assets | 2,046 | 2,069 | 2,100 | 2,119 | 2,187 | 2,227 | 2,239 | 2,152 | 2,139 | 1,621 |
| Liabilities | 84.63 | 85.14 | 210 | 309 | 326 | 319 | 324 | 538 | 778 | 198 |
| Book Value | 1,746 | 1,765 | 1,693 | 1,613 | 1,660 | 1,713 | 1,718 | 1,446 | 1,179 | 1,194 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
PS Business Parks, Inc. |
| Country |
United States |
| Employees |
155 |
| CEO |
John W. Petersen |
Stock Information
| Ticker Symbol |
PSB |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Diversified |
| Unique Identifier |
NYSE: PSB |
Description
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 June 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states and held a 95.0% interest in a 395-unit apartment complex.