|Bid||172.57 x 1100|
|Ask||172.19 x 1300|
|Day's Range||171.69 - 176.64|
|52 Week Range||120.21 - 178.60|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||30.81|
|Earnings Date||Jul 23, 2019|
|Forward Dividend & Yield||4.20 (2.38%)|
|1y Target Est||156.50|
In a rising e-commerce market, Industrial REITs are poised to gain amid resilient consumer sentiment, low unemployment level and rising wages, though trade tensions and rising supply remain concerns.
The latest investment grade rating affirms Extra Space Storage's (EXR) creditworthiness in the market and will likely help retain investor confidence in the stock.
Increase in rental revenues and strong leasing activity in the company's Manhattan and Suburban portfolio buoy SL Green Realty's (SLG) Q2 performance.
Growth in site-rental revenues and high levels of tower leasing activity help Crown Castle International (CCI) trump Q2 estimates and raise its guidance.
Prologis' (PLD) deal to acquire Industrial Property Trust will help gain premium assets in preferred submarkets. Also, with solid customer demand, the company put up a decent show in Q2.
Innovative Industrial Properties' (IIPR) capital raise is a strategic fit as with more states in the United States giving cannabis the green light, it has incentive to invest in such properties.
Expansion of Michigan portfolio and lease with subsidiary of Ascend Wellness Holdings to help Innovative Industrial Properties (IIPR) bank on the favorable trends and drive top-line growth.
Though Life Storage (LSI) sells 32 self-storage properties to an Inland affiliate, the company will continue managing these properties through a long-term management agreement.
PS Business Parks Inc NYSE:PSBView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for PSB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PSB. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PSB totaled $64.31 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
PS Business Parks, Inc. announced today that it intends to release its second quarter 2019 earnings after the close of business on Tuesday, July 23, 2019.
Iron Mountain and CyArk complete the digital documentation of Stonewall National Monument to provide a virtual experience, increase viewer engagement and preserve the site.
Armada Hoffler's (AHH) Thames Street Wharf buyout in the Harbor Point offers scope to capitalize on synergies from operating multiple asset classes in the same environment.
Washington Real Estate Investment's (WRE) twin deals to sell eight retail assets will affect its net operating income (NOI), hence, the company trims its 2019 earnings outlook.
Is PS Business Parks Inc (NYSE:PSB) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The […]
Maria Hawthorne became the CEO of PS Business Parks, Inc. (NYSE:PSB) in 2016. First, this article will compare CEO...
Equinix's (EQIX) interconnection platform will benefit from higher data consumption and cloud spending. However, consolidation in the telecommunications industry is a concern.
With built-in rent escalations, weighted average lease term of 20 years and an asset class experiencing high demand, W. P. Carey's (WPC) industrial investments seem a strategic fit.
American Assets Trust's (AAT) La Jolla Commons' buyout is a strategic fit as it will likely witness solid demand for major freeways access and dining, retail and entertainment destinations nearby.
Expansion of portfolio in Michigan and lease with Emerald Growth Partners to help Innovative Industrial Properties (IIPR) bank on the favorable trends and achieve top-line growth.
Ventas' (VTR) five-year road map to earnings growth is encouraging. However, near-term growth hurdles like softness in the seniors housing market and stiff competition are concerns.
Alexandria's (ARE) upsizes public offering of 3,850,000 common shares boosts the company's financial flexibility and helps meet its financial obligations efficiently.
REITs are in limelight as these are often treated as bond substitutes for high-dividend paying nature. Also, in case of a rate cut, dependence of REITs on debt for business keeps investors optimistic.
Equinix's (EQIX) extended relationship with IBM Cloud to offer a private connection to global enterprises, aiding their hybrid cloud deployments.