PS Business Parks, Inc. | REIT Profile
Symbol: PSB
CIK: 866368
Exchange: NYSE
Founded: 1990 (31 years)
HQ: Glendale, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Office, Industrial
See PSB on Google Finance
See PSB on Yahoo Finance
See PSB on SEC.gov
 |
 |
 |
 |
 |
 |
See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day January 22, 2021
Dividend of Trading Day January 22, 2021
Latest News Headlines
- Wed, 20 Jan 2021 12:15:35 -0500 (EST) - PS Business Parks, Inc. Announces Tax Treatment of 2020 Dividends
- Wed, 28 Oct 2020 17:25:22 -0400 (EDT) - PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2020 and Acquires a 246,000 Square Foot Multi-Tenant Industrial Park Located in Alexandria, Virginia, for $46.3 Million
- Tue, 15 Sep 2020 18:35:06 -0400 (EDT) - PS Business Parks, Inc. Announces Operations Update for the Two Months Ended August 31, 2020
- Fri, 14 Aug 2020 16:51:32 -0400 (EDT) - Maria R. Hawthorne to Retire as President and Chief Executive Officer of PS Business Parks, Inc.
- Tue, 4 Aug 2020 16:57:25 -0400 (EDT) - PS Business Parks, Inc. Reports Results for the Quarter Ended June 30, 2020
Funds From Operations (FFO)
Key Stats of Trading Day January 22, 2021
Latest REIT Community Comments on #PSB
- #PSB - PS Business Park’s occupancy rate for August 2020 is already at 95%, compared to 93% in July. Its office properties have an occupancy rate of 97%! Industrial REITs have been doing awesome during the covid situation, and I’m glad I have been buying more of these top ReitRating companies. - Kev B - 2020-09-15 22:19:48 - See full comment
- Prices are still going up, I took advantage today to buy some of the REITs with the highest REIT Rating score which traditionally are very expensive but are still at a discount. These REITs also have consistently been increasing their dividends. Some that I bought today are AvlonBay Communities #AVB, Crown Castle Int #CCI, Essex Property #ESS and PS Business Park #PSB. I’m aware that these last two days prices have been higher and may fall in later part of week, but I’m ok with that. - 777i - 2020-04-08 10:43:29 - See full comment
- I’ve bought #GEO, what I’m trying to buy more of before the all rebound are the ones that have strong market cap values, tendency to increase dividends and low dividend yield due to their high prices, this is my list #O, #HIW, #AAT, #AVB, #CPT, #UDR, #MAA, #DEA, #ESS, #DEI, #PSB, #CCI, #DLR, #CONE, #EGP, #DRE, #ARE, #PLD, #FR, #SUI, #ELS, #COLD, #TRNO, and #REXR for now. However, I am buying other stocks in the mix and trying to time this as best I can. - Kev B - 2020-04-07 01:14:44 - See full comment
Properties Owned by PSB
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 95 | 2 | 6 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
Occupancy Rate
REIT Simulation
Dividend History
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
About PS Business Parks, Inc.
PS Business Parks, Inc., a member of the S&P Small Cap 600, is a self-advised and self-managed real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multitenant flex, office and industrial space. The Company defines “flex” space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of September 30, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 customers concentrated in six states.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 10 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.3 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.0 |
| 9 | Dividend to FFO Core Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Core Payout Ratios during the last four quarters. | 8.9 |
| 8 | Dividend to FFO Core Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Core Payout Ratios trend during the last two years. | 7.5 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 8 | FFO Core Trend: Analysis of the REIT’s FFO Core trend during the last two years. | 7.9 |
| 7 | FFO Core to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.0 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
| Rating | Leverage Section | Avg. Rating |
| 10 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 9 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 5 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
| 5 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
| Rating | Properties Section | Avg. Rating |
| 8 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.4 |
| 6 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.9 |
| 7 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 10 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 3 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.8 |
| 8.2 | Overall REITRating™ Score (See trend) | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Public Storage (PSA) | 8.4 | NYSE | Large-Cap | Self Storage | United States |
| Washington Real Estate Investment Trust (WRE) | 7.5 | NYSE | Small-Cap | Diversified Residential Retail Office | United States |
| Vereit, Inc. (VER) | 7.7 | NYSE | Large-Cap | Diversified Office Retail Industrial | United States |
Last updated: 2021-01-24