Public Storage Company Profile (NYSE:PSA)

About Public Storage

Public Storage logoPublic Storage is a real estate investment trust. The Company's business activities include the ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as merchandise sales and tenant reinsurance to the tenants at its self-storage facilities, as well as the acquisition and development of additional self-storage space. It operates through Self-Storage Operations, Ancillary Operations, Investment in PS Business Parks, Inc. (PSB) and Investment in Shurgard Europe segments. It also has direct and indirect equity interests in over 30 million net rentable square feet of commercial space located in over nine states in the United States primarily owned and operated by PSB under the PS Business Parks name. It manages approximately 30 self-storage facilities for third parties, and has equity interests in and manages over 12 additional self-storage facilities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: PSA
  • CUSIP: 74460D10
Key Metrics:
  • Previous Close: $224.99
  • 50 Day Moving Average: $223.21
  • 200 Day Moving Average: $247.39
  • 52-Week Range: $210.87 - $277.60
  • Trailing P/E Ratio: 35.38
  • Foreward P/E Ratio: 21.31
  • P/E Growth: 3.29
  • Market Cap: $38.77B
  • Outstanding Shares: 173,401,000
  • Beta: 0.68
Profitability:
  • Net Margins: 52.53%
  • Return on Equity: 25.44%
  • Return on Assets: 13.16%
Debt:
  • Debt-to-Equity Ratio: 0.09%
  • Current Ratio: 0.85%
  • Quick Ratio: 0.85%
Additional Links:
Companies Related to Public Storage:

Analyst Ratings

Consensus Ratings for Public Storage (NYSE:PSA) (?)
Ratings Breakdown: 3 Sell Ratings, 10 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.93)
Consensus Price Target: $241.30 (8.14% upside)

Analysts' Ratings History for Public Storage (NYSE:PSA)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016KeyCorpLower Price TargetUnderweight$220.00 -> $205.00View Rating Details
8/26/2016Cantor FitzgeraldReiterated RatingHoldView Rating Details
8/22/2016Evercore ISIUpgradeSell -> Hold$228.00View Rating Details
8/11/2016Bank of America Corp.DowngradeBuy -> NeutralView Rating Details
8/10/2016Jefferies GroupLower Price TargetHold$270.00 -> $245.00View Rating Details
6/22/2016FBR & CoReiterated RatingMarketperform$250.00View Rating Details
5/13/2016Citigroup Inc.Boost Price TargetNeutral$240.00 -> $260.00View Rating Details
5/11/2016Royal Bank Of CanadaBoost Price TargetSector Perform$235.00 -> $243.00View Rating Details
5/2/2016Barclays PLCBoost Price TargetEqual Weight$251.00 -> $253.00View Rating Details
4/25/2016Goldman Sachs Group Inc.DowngradeNeutral -> Sell$244.00View Rating Details
2/18/2016BMO Capital MarketsBoost Price TargetMarket Perform$200.00 -> $235.00View Rating Details
1/27/2016ArgusBoost Price TargetBuy$248.00 -> $275.00View Rating Details
1/7/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
1/7/2016Robert W. BairdUpgradeNeutral -> Outperform$272.00View Rating Details
12/17/2015JPMorgan Chase & Co.DowngradeOverweight -> Neutral$243.00View Rating Details
11/10/2015BB&T Corp.Initiated CoverageUnderweight$217.50 -> $217.50View Rating Details
10/16/2015Morgan StanleyBoost Price Target$195.00 -> $225.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$209.00 -> $204.00View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Public Storage (NYSE:PSA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
7/28/2016Q216$2.40$2.34$607.28 million$634.20 millionViewN/AView Earnings Details
4/26/2016Q116$2.19$2.10$585.73 million$611.00 millionViewN/AView Earnings Details
2/16/2016Q415$2.42$2.46$581.65 million$503.05 millionViewListenView Earnings Details
10/28/2015Q315$2.26$2.33$568.89 million$511.84 millionViewListenView Earnings Details
7/29/2015Q215$2.14$2.17$544.69 million$592.63 millionViewListenView Earnings Details
4/30/2015Q115$1.95$1.91$530.53 million$569.40 millionViewListenView Earnings Details
2/19/2015Q414$2.19$2.20$528.73 million$467.73 millionViewListenView Earnings Details
10/30/2014Q314$2.05$2.08$517.90 million$475.00 millionViewListenView Earnings Details
7/31/2014Q214$1.96$1.99$198.89 millionViewListenView Earnings Details
5/1/2014Q114$1.86$1.80$488.02 million$519.62 millionViewListenView Earnings Details
2/20/2014Q413$2.02$2.13$475.45 millionViewListenView Earnings Details
11/1/2013Q313$1.88$1.92$474.70 million$441.01 millionViewListenView Earnings Details
8/2/2013Q213$1.77$1.80$452.22 million$485.38 millionViewListenView Earnings Details
5/10/2013Q113$1.61$1.65$429.43 million$409.60 millionViewListenView Earnings Details
2/22/2013$1.78$1.86$459.25 million$405.05 millionViewListenView Earnings Details
11/8/2012Q312$1.68$1.73$434.99 million$440.92 millionViewN/AView Earnings Details
8/2/2012$1.54$1.62ViewN/AView Earnings Details
5/3/2012$1.42$1.35ViewN/AView Earnings Details
11/3/2011$1.44$1.29ViewN/AView Earnings Details
8/4/2011$1.39$1.43ViewN/AView Earnings Details
5/5/2011$1.33$1.48ViewN/AView Earnings Details
2/25/2011$1.37$1.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Public Storage (NYSE:PSA)
Current Year EPS Consensus Estimate: $9.59 EPS
Next Year EPS Consensus Estimate: $10.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$2.20$2.28$2.24
Q2 20163$2.31$2.42$2.38
Q3 20164$2.49$2.55$2.51
Q4 20164$2.61$2.67$2.64
Q1 20172$2.36$2.48$2.42
Q2 20171$2.58$2.58$2.58
Q3 20172$2.68$2.69$2.69
Q4 20172$2.80$2.82$2.81
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Public Storage (NYSE:PSA)
Annual Dividend:$7.20
Dividend Yield:3.23%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:113.92% (Based on Trailing 12 Months of Earnings)
75.08% (Based on Current Year Consensus EPS Estimate)
68.77% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Public Storage (NYSE:PSA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2016quarterly$1.803.02%9/12/20169/14/20169/29/2016
4/26/2016quarterly$1.802.9%6/13/20166/15/20166/30/2016
2/18/2016quarterly$1.702.76%3/14/20163/16/20163/31/2016
10/30/2015quarterly$1.702.96%12/11/201512/15/201512/30/2015
7/29/2015quarterly$1.703.31%9/11/20159/15/20159/30/2015
4/30/2015quarterly$1.703.58%6/11/20156/15/20156/30/2015
2/23/2015quarterly$1.402.79%3/12/20153/16/20153/31/2015
10/30/2014quarterly$1.403.04%12/11/201412/15/201412/30/2014
8/4/2014quarterly$1.403.24%9/11/20149/15/20149/30/2014
5/2/2014quarterly$1.403.28%6/11/20146/13/20146/30/2014
2/20/2014quarterly$1.403.36%3/12/20143/14/20143/31/2014
10/31/2013quarterly$1.403.31%12/11/201312/13/201312/30/2013
8/5/2013quarterly$1.253.08%9/11/20139/13/20139/30/2013
5/10/2013quarterly$1.253.04%6/10/20136/12/20136/27/2013
2/22/2013quarterly$1.253.28%3/11/20133/13/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Public Storage (NYSE:PSA)
Insider Ownership Percentage: 14.20%
Institutional Ownership Percentage: 77.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2016John ReyesInsiderSell30,000$215.41$6,462,300.00View SEC Filing  
6/8/2016B Wayne Hughes JrDirectorBuy22,100$252.42$5,578,482.00View SEC Filing  
3/3/2016David F. DollSVPSell20,000$252.25$5,045,000.00View SEC Filing  
12/14/2015John ReyesCFOSell25,000$248.50$6,212,500.00View SEC Filing  
12/11/2015B Wayne Et Al HughesChairmanSell420$241.27$101,333.40View SEC Filing  
8/20/2015David F. DollSVPSell5,000$216.30$1,081,500.00View SEC Filing  
5/22/2015Tamara Hughes GustavsonDirectorSell240,250$196.14$47,122,635.00View SEC Filing  
5/19/2015Tamara Hughes GustavsonDirectorSell159,750$199.12$31,809,420.00View SEC Filing  
3/16/2015Avedick Baruyr PoladianDirectorBuy2,000$189.14$378,280.00View SEC Filing  
3/3/2015Uri P HarkhamDirectorSell5,000$196.81$984,050.00View SEC Filing  
11/11/2014Candace N KrolVPSell15,000$187.78$2,816,700.00View SEC Filing  
8/18/2014David F DollSVPSell17,500$175.58$3,072,650.00View SEC Filing  
8/13/2014Candace N KrolVPSell10,000$175.61$1,756,100.00View SEC Filing  
8/13/2014Ronald P SpogliDirectorSell25,000$175.78$4,394,500.00View SEC Filing  
8/12/2014Candace N KrolVPSell1,900$175.05$332,595.00View SEC Filing  
8/7/2014Candace N KrolVPSell14,282$172.72$2,466,787.04View SEC Filing  
6/13/2014John ReyesCFOSell25,000$169.49$4,237,250.00View SEC Filing  
5/16/2014David DollSVPSell7,436$172.03$1,279,215.08View SEC Filing  
5/13/2014Candace KrolVPSell7,398$173.00$1,279,854.00View SEC Filing  
5/13/2014David DollSVPSell7,564$172.39$1,303,957.96View SEC Filing  
3/14/2014Candace KrolVPSell7,000$168.08$1,176,560.00View SEC Filing  
3/14/2014Ronald Havner, Jr.CEOSell83,000$168.18$13,958,940.00View SEC Filing  
3/14/2014Steven GlickSVPSell10,000$168.17$1,681,700.00View SEC Filing  
3/12/2014John ReyesCFOSell50,000$166.78$8,339,000.00View SEC Filing  
3/11/2014David DollSVPSell50,000$167.70$8,385,000.00View SEC Filing  
3/6/2014Candace KrolVPSell3,802$170.28$647,404.56View SEC Filing  
9/6/2013David F DollSVPSell30,000$153.57$4,607,100.00View SEC Filing  
5/22/2013Candace N KrolVPSell1,800$168.06$302,508.00View SEC Filing  
5/21/2013Shawn WeidmannDirectorSell15,000$167.28$2,509,200.00View SEC Filing  
5/17/2013Candace N KrolVPSell10,000$167.13$1,671,300.00View SEC Filing  
5/14/2013David F DollInsiderSell40,000$164.62$6,584,800.00View SEC Filing  
5/14/2013Gary E PruittDirectorSell28,120$164.90$4,636,988.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Public Storage (NYSE:PSA)
DateHeadline
News IconNoteworthy Analyst Ratings of Two Public Storage (NYSE:PSA), Stocks Prologis (NYSE:PLD) - The Voice Registrar (NYSE:PSA)
voiceregistrar.com - September 30 at 3:24 PM
News IconL.A. Area’s Top Stock? Public Storage (NYSE:PSA)
sfvbj.com - September 28 at 6:39 PM
News IconThe Statistics Don't Lie: Public Storage (PSA) Earnings Preview - The Voice Registrar (NYSE:PSA)
voiceregistrar.com - September 22 at 6:34 PM
mysmartrend.com logoWatch for Public Storage to Potentially Rebound After Falling 1.68% Yesterday (NYSE:PSA)
www.mysmartrend.com - September 22 at 11:43 AM
News IconAnalysts Valuations For Two Stocks: Public Storage (NYSE:PSA), Lowe's Companies, Inc. (NYSE:LOW) - The Voice Registrar (NYSE:PSA)
voiceregistrar.com - September 21 at 10:55 AM
forbes.com logoInteresting PSA Put And Call Options For November 18th (NYSE:PSA)
www.forbes.com - September 19 at 12:27 PM
finance.yahoo.com logoPublic Storage Will Face More Downside Before Rebounding (NYSE:PSA)
finance.yahoo.com - September 16 at 10:25 AM
News IconInstitutions Have Decreased Positions in Public Storage (NYSE:PSA) - Post News (NYSE:PSA)
www.kentuckypostnews.com - September 15 at 6:55 PM
News IconAre Analysts Bearish Public Storage (NYSE:PSA) After Last Week? - Post News (NYSE:PSA)
www.kentuckypostnews.com - September 15 at 6:55 PM
News IconNisa Investment Advisors LLC Increased Public Storage (NYSE:PSA) by $3.02 Million as Shares Rose - Chester News (NYSE:PSA)
www.chesterindependent.com - September 15 at 6:55 PM
stocksdaily.net logoPublic Storage (NYSE:PSA) High Price Estimate At $289 - Stocks Daily (NYSE:PSA)
www.stocksdaily.net - September 15 at 10:25 AM
stocksdaily.net logoPublic Storage (NYSE:PSA) High Price Estimate At $289 (NYSE:PSA)
www.stocksdaily.net - September 14 at 6:59 PM
nasdaq.com logoPublic Storage's Preferred Series U Shares Cross 5.5% Yield Mark (NYSE:PSA)
www.nasdaq.com - September 14 at 11:15 AM
seekingalpha.com logoREIT Rankings: Self-Storage (NYSE:PSA)
seekingalpha.com - September 14 at 11:15 AM
investornewswire.com logoPublic Storage (NYSE:PSA) To Release Quarterly Report On 2016-10-26 - Investor Newswire (NYSE:PSA)
www.investornewswire.com - September 13 at 11:47 AM
seekingalpha.com logoPublic Storage goes ex-dividend today (NYSE:PSA)
seekingalpha.com - September 12 at 11:30 AM
nasdaq.com logoPublic Storage (PSA) Ex-Dividend Date Scheduled for September 12, 2016 - Nasdaq (NYSE:PSA)
www.nasdaq.com - September 10 at 11:04 AM
News IconToday's Top Gainers in the Market Public Storage (NYSE:PSA) from Financial - The Daily Leicester (NYSE:PSA)
thedailyleicester.com - September 9 at 6:30 PM
News IconHot Financial Stocks To Watch Right Now: Digital Realty Trust Inc. (DLR), Public Storage (PSA) - The Independent Republic (NYSE:PSA)
theindependentrepublic.com - September 9 at 6:30 PM
nasdaq.com logoCash Dividend On The Way From Public Storage's Cumulative Preferred Share of Beneficial Interest, Series W (NYSE:PSA)
www.nasdaq.com - September 9 at 11:38 AM
News IconInstitutional Investors Have Decreased Positions in Public Storage (NYSE:PSA) - Post News (NYSE:PSA)
www.kentuckypostnews.com - September 8 at 6:37 PM
nasdaq.com logoCash Dividend On The Way From Public Storage's Cumulative Preferred Share of Beneficial Interest, Series W - Nasdaq (NYSE:PSA)
www.nasdaq.com - September 8 at 6:37 PM
forbes.com logoEx-Dividend Reminder: Renasant, WesBanco and Public Storage (NYSE:PSA)
www.forbes.com - September 8 at 10:39 AM
capitalcube.com logoETF’s with exposure to Public Storage : September 7, 2016 (NYSE:PSA)
www.capitalcube.com - September 7 at 7:01 PM
News IconToday's Top Gainers in the Market Public Storage (NYSE:PSA) from ... - The Daily Leicester (NYSE:PSA)
thedailyleicester.com - September 6 at 7:00 PM
cnbc.com logoCramer: The charitable trust position everyone went crazy over (NYSE:PSA)
www.cnbc.com - September 6 at 7:00 PM
News IconShares Higher Over the Last Five Trading Sessions: Public Storage ... - Post News (NYSE:PSA)
www.kentuckypostnews.com - September 6 at 11:39 AM
seekingalpha.com logoWhen To Buy Public Storage (NYSE:PSA)
seekingalpha.com - September 1 at 6:51 PM
News IconShares Slipping Lower Over the Past Month: Public Storage (NYSE:PSA) - Post News (NYSE:PSA)
www.kentuckypostnews.com - September 1 at 10:01 AM
stocksdaily.net logoPublic Storage (NYSE:PSA): The Buzzing Stock | Stocks Daily - Stocks Daily (NYSE:PSA)
www.stocksdaily.net - September 1 at 10:01 AM
seekingalpha.com logoWhen To Buy Public Storage - Seeking Alpha (NYSE:PSA)
seekingalpha.com - August 31 at 12:05 PM
forbes.com logoPublic Storage Becomes Oversold (NYSE:PSA)
www.forbes.com - August 30 at 12:48 PM
mysmartrend.com logoSmarTrend Watching for Potential Rebound in Shares of Public Storage After 1.06% Loss (NYSE:PSA)
www.mysmartrend.com - August 26 at 6:38 PM
News IconEarnings Preview: Public Storage (NYSE:PSA) moved down 14 times out of last 26 quarters - The Independent Republic (NYSE:PSA)
theindependentrepublic.com - August 25 at 12:02 PM
News IconPublic Storage (PSA) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:PSA)
voiceregistrar.com - August 25 at 12:02 PM
News IconPublic Storage (NYSE:PSA) from REIT – Industrial – Todays Top Gains (NYSE:PSA)
twincountynews.com - August 24 at 6:41 PM
investopedia.com logo5 Stocks in the New S&P 500 Real Estate Sector (SPG, AMT) (NYSE:PSA)
www.investopedia.com - August 23 at 11:27 AM
seekingalpha.com logoIncome Investors Look Out: Why Preferred Shares Can Be Risky Investments Today (NYSE:PSA)
seekingalpha.com - August 22 at 6:51 PM
mysmartrend.com logoWatch for Public Storage to Potentially Rebound After Falling 1.52% Yesterday (NYSE:PSA)
www.mysmartrend.com - August 19 at 6:52 PM
News IconREIT – Industrial: Public Storage (NYSE:PSA) Position of the day (NYSE:PSA)
twincountynews.com - August 19 at 6:52 PM
News IconIs Public Storage(NYSE: PSA), a large market cap stock a smart buy? - The Daily Leicester (NYSE:PSA)
thedailyleicester.com - August 18 at 9:58 AM
News IconLarge Cap REIT – Industrial: Public Storage (NYSE:PSA) (NYSE:PSA)
twincountynews.com - August 17 at 7:16 PM
News IconTop Gainers of the Day: Public Storage (NYSE:PSA) from REIT – Industrial (NYSE:PSA)
twincountynews.com - August 16 at 7:05 PM
capitalcube.com logoETF’s with exposure to Public Storage : August 16, 2016 (NYSE:PSA)
www.capitalcube.com - August 16 at 7:05 PM
moodys.com logoPublic Storage -- Moody's affirms Public Storage's ratings; stable outlook (NYSE:PSA)
www.moodys.com - August 15 at 7:21 PM
News IconPublic Storage (NYSE:PSA) – Top Stock from Financial Sector - The Daily Leicester (NYSE:PSA)
thedailyleicester.com - August 12 at 10:09 AM
seekingalpha.com logoAnother self-storage downgrade (NYSE:PSA)
seekingalpha.com - August 11 at 7:29 PM
News IconIs Public Storage (NYSE:PSA), a large market cap stock a smart buy? (NYSE:PSA)
twincountynews.com - August 11 at 10:13 AM
forbes.com logoPublic Storage's Preferred Series Y Shares Cross 5.5% Yield Mark (NYSE:PSA)
www.forbes.com - August 9 at 3:14 PM
News IconIs Public Storage (NYSE:PSA), a large market cap stock a smart buy? - Twin County News (NYSE:PSA)
twincountynews.com - August 9 at 10:07 AM

Social

Public Storage (NYSE:PSA) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff