Public Storage (PSA) Stock Price, News & Analysis

Company Overview

Public Storage is a self-storage real estate investment trust (REIT) that develops, owns and operates storage facilities across North America and Europe. The company offers a broad range of storage unit sizes, climate-controlled spaces and specialty vehicle storage for cars, boats and recreational vehicles. In addition to traditional storage rentals, it provides packing and moving supplies, remote office suites and on-site management services, catering to residential and business customers seeking flexible storage solutions.

Founded in 1972 by entrepreneurs Bernie Marcus and Arthur Blank, Public Storage began with a handful of facilities in Southern California and expanded rapidly through acquisitions and ground-up development. Over the decades, the company has grown into the industry’s largest owner and operator of self-storage properties, with thousands of locations in 39 U.S. states and multiple European countries, including Spain, France and the Netherlands. Its growth strategy has combined strategic market entry with targeted acquisitions of complementary portfolios and value-add redevelopment projects.

Public Storage’s properties are designed to meet diverse customer requirements, featuring drive-up access, electronic gate entry, video surveillance and enhanced security protocols. Many sites include covered or enclosed loading bays, tenant insurance programs and tenant portals for online reservations and bill payment. The company maintains a centralized marketing and customer service platform that supports both walk-in clientele and digital booking channels, ensuring a consistent experience across its network.

Leadership at Public Storage brings deep expertise in commercial real estate and REIT operations. Joseph Russell serves as chairman and chief executive officer, overseeing corporate strategy and portfolio management. He is supported by a senior team that includes Ronald J. Havner Jr. as chief financial officer and executives responsible for acquisitions, development and customer operations. Together, they guide the company’s efforts to optimize facility performance, pursue new market opportunities and deliver long-term value for shareholders.

Key Stats

• Today's Range: $295.00 to $298.93
• 50-Day Range: $288.90 to $309.53
• 52-Week Range: $256.60 to $369.99
• Volume: 742,606 shs
• Average Volume: 751,059 shs
• Market Capitalization: $51.97 billion
• P/E Ratio: 29.42
• Dividend Yield: 4.05%
• Price Target: $337.64
• Consensus Rating: Moderate Buy

Public Storage Stock Analysis - MarketRank™

Public Storage scored higher than 94% of companies evaluated by MarketBeat, and ranked 280th out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Public Storage has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Public Storage has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 3.11%

Earnings Growth

Earnings for Public Storage are expected to grow by 3.11% in the coming year, from $16.70 to $17.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Public Storage is 29.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Public Storage is 29.42, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.02.

Price to Earnings Growth Ratio

Public Storage has a PEG Ratio of 4.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Public Storage has a P/B Ratio of 9.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the float of Public Storage has been sold short.

Short Interest Ratio / Days to Cover

Public Storage has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Public Storage has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Public Storage is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Public Storage does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Public Storage is 119.17%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Public Storage will have a dividend payout ratio of 69.69% next year. This indicates that Public Storage will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.1 / 5
• Environmental Score: -0.53

Percentage of Shares Shorted

1.93% of the float of Public Storage has been sold short.

Short Interest Ratio / Days to Cover

Public Storage has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Public Storage has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.19

News Sentiment

Public Storage has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Public Storage this week, compared to 16 articles on an average week.

Search Interest

Only 7 people have searched for PSA on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Public Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Public Storage insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.10% of the stock of Public Storage is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

78.79% of the stock of Public Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PSA Stock Analysis - Frequently Asked Questions

How have PSA shares performed this year?

Public Storage's stock was trading at $299.44 at the beginning of 2025. Since then, PSA stock has decreased by 1.1% and is now trading at $296.2650.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) announced its earnings results on Wednesday, April, 30th. The real estate investment trust reported $4.12 earnings per share for the quarter, topping the consensus estimate of $4.06 by $0.06. The company's quarterly revenue was up .1% on a year-over-year basis.
Read the conference call transcript.

Who are Public Storage's major shareholders?

Top institutional investors of Public Storage include Rowlandmiller & PARTNERS.ADV, Doliver Advisors LP, Fiduciary Financial Group LLC and Kera Capital Partners Inc.. Insiders that own company stock include John Reyes, Joseph D Russell Jr, Tamara Hughes Gustavson, Nathaniel A Vitan and Kristy Pipes.
View institutional ownership trends.

How do I buy shares of Public Storage?

Shares of PSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Public Storage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Public Storage investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Chevron (CVX), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Intel (INTC).

Company Calendar

• Last Earnings: 4/30/2025
• Record date for 6/27 Dividend: 6/12/2025
• Ex-Dividend for 6/27 Dividend: 6/12/2025
• Dividend Payable: 6/27/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:PSA
• CIK: 1393311
• Web: www.publicstorage.com
• Phone: (818) 244-8080
• Fax: 818-244-9530
• Employees: 5,900
• Year Founded: 1972

Price Target and Rating

• Average Stock Price Target: $337.64
• High Stock Price Target: $422.00
• Low Stock Price Target: $299.00
• Potential Upside/Downside: +14.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.07
• Trailing P/E Ratio: 29.42
• Forward P/E Ratio: 17.74
• P/E Growth: 4.3
• Net Income: $2.07 billion
• Net Margins: 41.74%
• Pretax Margin: 42.11%
• Return on Equity: 36.50%
• Return on Assets: 9.98%

Debt

• Debt-to-Equity Ratio: 1.77
• Current Ratio: 0.55
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $4.72 billion
• Price / Sales: 11.01
• Cash Flow: $18.20 per share
• Price / Cash Flow: 16.28
• Book Value: $31.15 per share
• Price / Book: 9.51

Miscellaneous

• Outstanding Shares: 175,431,000
• Free Float: 155,958,000
• Market Cap: $51.97 billion
• Optionable: Optionable
• Beta: 0.86