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 December 31, 2020, the Company wholly owned 27.7 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 an entity developing a 411-unit multifamily apartment complex.
Company profile
Ticker
PSBXP, PSBYP, PSBZP
Exchange
Website
CEO
John W. Petersen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PS BUSINESS PARKS INC/CA, PUBLIC STORAGE PROPERTIES XI INC
SEC CIK
Corporate docs
Subsidiaries
B9 Sequoia TRS LLC • PS Business Parks, L.P. • B9 Sequoia C Holdco LLC • B9 Sequoia 1 Mezz C LLC • B9 Sequoia 3 Mezz C LLC • B9 Sequoia 5 Mezz C LLC • B9 Sequoia 1 Mezz B LLC • B9 Sequoia 3 Mezz B LLC • B9 Sequoia 5 Mezz B LLC • B9 Sequoia 1 Mezz A LLC ...
IRS number
954300881
PSBXP stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
28 Feb 23
15-12G
Securities registration termination
13 Jan 23
POSASR
Automatic shelf registration (post-effective amendment)
3 Jan 23
25
Voluntary exchange delisting
3 Jan 23
SC TO-I/A
Issuer tender offer statement (amended)
21 Dec 22
SC TO-I
Issuer tender offer statement
22 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
15-12G
Securities registration termination
2 Aug 22
8-K
Entry into a Material Definitive Agreement
22 Jul 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Jul 22
Transcripts
PSBXP
Earnings call transcript
2021 Q4
23 Feb 22
PSBXP
Earnings call transcript
2021 Q3
29 Oct 21
PSBXP
Earnings call transcript
2021 Q2
5 Aug 21
PSBXP
Earnings call transcript
2021 Q1
28 Apr 21
PSBXP
Earnings call transcript
2020 Q4
23 Feb 21
PSBXP
Earnings call transcript
2020 Q3
29 Oct 20
PSBXP
Earnings call transcript
2020 Q2
5 Aug 20
PSBXP
Earnings call transcript
2020 Q1
30 Apr 20
PSBXP
Earnings call transcript
2019 Q4
19 Feb 20
PSBXP
Earnings call transcript
2019 Q3
23 Oct 19
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 52.24 mm | 52.24 mm | 52.24 mm | 52.24 mm | 52.24 mm | |
Cash burn (monthly) | (no burn) | 17.29 mm | 15.58 mm | 9.48 mm | (no burn) | |
Cash used (since last report) | n/a | 279.59 mm | 251.88 mm | 153.31 mm | n/a | |
Cash remaining | n/a | -227.35 mm | -199.63 mm | -101.06 mm | n/a | |
Runway (months of cash) | n/a | -13.1 | -12.8 | -10.7 | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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