PS BUSINESS PARKS INC/MD (PSB) Forecast, Price Target & Analyst Ratings

NYSE:PSB • US69360J1079

Current stock price

187.44 USD
+0.06 (+0.03%)
At close:
187.5 USD
+0.06 (+0.03%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PS BUSINESS PARKS INC/MD (PSB).

Forecast Snapshot

Consensus Price Target

Price Target
$191.76
+ 2.30% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 2, 2022
Period
Q2 / 2022
EPS Estimate
$0.91
Revenue Estimate
112.11M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$191.76
Upside
+ 2.30%
From current price of $187.44 to mean target of $191.76, Based on 8 analyst forecasts
Low
$189.88
Median
$191.76
High
$197.40

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for PSB. The average price target is 191.76 USD. This implies a price increase of 2.3% is expected in the next year compared to the current price of 187.44.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PSB Current Analyst RatingPSB Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

PSB Historical Analyst RatingsPSB Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
45.00%
PSB was analyzed by 8 analysts. The buy percentage consensus is at 45. So analysts seem to be rather negative about PSB.
In the previous month the buy percentage consensus was at a similar level.
PSB was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-11-19Wells FargoMaintains Equal-Weight
2021-09-30Wells FargoUpgrade Underweight -> Equal-Weight
2021-09-14JP MorganUpgrade Neutral -> Overweight
2021-06-07Wells FargoMaintains Underweight
2021-04-15KeybancUpgrade Underweight -> Sector Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 2, 2022
Period
Q2 / 2022
EPS Estimate
$0.91
Revenue Estimate
112.11M
Revenue Q2Q
2.51%
EPS Q2Q
-5.31%
Number of Analysts
2

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

PSB is expected to report earnings on 8/2/2022. The consensus EPS estimate for the next earnings is 0.91 USD and the consensus revenue estimate is 112.11M USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
PSB revenue by date.PSB revenue by date.
429.8M
3.94%		415.6M
-3.30%		438.7M
5.56%		449.45M
2.45%		476.72M
6.07%		510.05M
6.99%		537.974M
5.47%		573.101M
6.53%
EBITDA
YoY % growth
PSB ebitda by date.PSB ebitda by date.
287.7M
3.94%		275.6M
-4.21%		288.75M
4.77%		297.95M
3.19%		315.12M
5.76%		337.34M
7.05%		355.399M
5.35%		378.17M
6.41%
EBIT
YoY % growth
PSB ebit by date.PSB ebit by date.
183.5M
3.32%		179.3M
-2.29%		195.26M
8.90%		200.99M
2.93%		216.14M
7.54%		233.31M
7.94%		248.881M
6.67%		268.147M
7.74%
Operating Margin
PSB operating margin by date.PSB operating margin by date.
42.69%43.14%44.51%44.72%45.34%45.74%46.26%46.79%
EPS
YoY % growth
PSB eps by date.PSB eps by date.
3.36
15.86%		3.72
10.71%		1.21
-67.47%		3.67
203.00%		4.10
11.85%		4.46
8.87%		4.88
9.26%		5.38
10.36%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 22 Q3 / 22 Q4 / 22
EPS
Q2Q % growth		0.91
-5.31%		0.92
13.47%		0.94
159.83%
Revenue
Q2Q % growth		112.11M
2.51%		112.11M
1.50%		114.13M
2.97%
EBITDA
Q2Q % growth		N/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PSB Yearly Revenue VS EstimatesPSB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M 500M
PSB Yearly EPS VS EstimatesPSB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
54.52%
EPS Next 5 Year
34.79%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.81%
Revenue Next 5 Year
7.68%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PS BUSINESS PARKS INC/MD / PSB Forecast FAQ

What do analysts expect the price target to be for PS BUSINESS PARKS INC/MD (PSB)?

8 analysts have analysed PSB and the average price target is 191.76 USD. This implies a price increase of 2.3% is expected in the next year compared to the current price of 187.44.

Can you provide the upcoming earnings date for PS BUSINESS PARKS INC/MD?

PS BUSINESS PARKS INC/MD (PSB) will report earnings on 2022-08-02, after the market close.

Can you provide the consensus estimates for PS BUSINESS PARKS INC/MD next earnings?

The consensus EPS estimate for the next earnings of PS BUSINESS PARKS INC/MD (PSB) is 0.91 USD and the consensus revenue estimate is 112.11M USD.

What is the number of analysts for PSB stock?

The number of analysts covering PS BUSINESS PARKS INC/MD (PSB) is 8.