Public Storage Company Profile (NYSE:PSA)

About Public Storage (NYSE:PSA)

Public Storage logoPublic Storage is a real estate investment trust (REIT). The Company's principal 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. The Company's segments include Self-Storage Operations, Ancillary Operations, Investment in PS Business Parks, Inc. (PSB) and Investment in Shurgard Europe. As of December 31, 2016, the Company had direct and indirect equity interests in 2,348 self-storage facilities (with approximately 154 million net rentable square feet) located in 38 states in the United States operating under the Public Storage name.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Specialized REITs
  • Symbol: NYSE:PSA
  • CUSIP: 74460D10
  • Web:
  • Market Cap: $37.62 billion
  • Outstanding Shares: 173,845,000
Average Prices:
  • 50 Day Moving Avg: $217.27
  • 200 Day Moving Avg: $218.32
  • 52 Week Range: $200.65 - $262.74
  • Trailing P/E Ratio: 30.84
  • Foreward P/E Ratio: 27.25
  • P/E Growth: 2.69
Sales & Book Value:
  • Annual Revenue: $2.66 billion
  • Price / Sales: 14.14
  • Book Value: $28.79 per share
  • Price / Book: 7.52
  • Annual Dividend: $8.00
  • Dividend Yield: 3.7%
  • EBIDTA: $1.89 billion
  • Net Margins: 52.71%
  • Return on Equity: 27.20%
  • Return on Assets: 13.37%
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.17%
  • Quick Ratio: 0.17%
  • Average Volume: 865,230 shs.
  • Beta: 0.45
  • Short Ratio: 6.65

Frequently Asked Questions for Public Storage (NYSE:PSA)

What is Public Storage's stock symbol?

Public Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSA."

How often does Public Storage pay dividends? What is the dividend yield for Public Storage?

Public Storage announced a quarterly dividend on Wednesday, April 26th. Investors of record on Wednesday, June 14th will be paid a dividend of $2.00 per share on Thursday, June 29th. This represents a $8.00 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Monday, June 12th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) announced its quarterly earnings data on Wednesday, April, 26th. The company reported $2.37 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.42 by $0.05. The business had revenue of $645.55 million for the quarter, compared to analysts' expectations of $615.23 million. Public Storage had a net margin of 52.71% and a return on equity of 27.20%. Public Storage's revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.21 earnings per share. View Public Storage's Earnings History.

Where is Public Storage's stock going? Where will Public Storage's stock price be in 2017?

11 equities research analysts have issued 1-year price targets for Public Storage's stock. Their predictions range from $205.00 to $270.00. On average, they expect Public Storage's stock price to reach $227.80 in the next year. View Analyst Ratings for Public Storage.

Who are some of Public Storage's key competitors?

Who owns Public Storage stock?

Public Storage's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.29%), BlackRock Inc. (8.16%), State Street Corp (5.06%), FMR LLC (4.70%), Wellington Management Group LLP (3.81%) and APG Asset Management US Inc. (2.35%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, B Wayne Hughes Jr, David F Doll, Gary E Pruitt, John Reyes, Lily Yan Hughes, Ronald L Havner, Jr and Tamara Hughes Gustavson. View Institutional Ownership Trends for Public Storage.

Who sold Public Storage stock? Who is selling Public Storage stock?

Public Storage's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Janus Capital Management LLC, Lasalle Investment Management Securities LLC, APG Asset Management N.V., Resolution Capital Ltd, Wellington Management Group LLP and Canada Pension Plan Investment Board. Company insiders that have sold Public Storage stock in the last year include David F Doll, Gary E Pruitt, John Reyes, Lily Yan Hughes and Ronald L Havner, Jr. View Insider Buying and Selling for Public Storage.

Who bought Public Storage stock? Who is buying Public Storage stock?

Public Storage's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Daiwa Securities Group Inc., Massachusetts Financial Services Co. MA, Morgan Stanley, Vanguard Group Inc., Swiss National Bank, Brookfield Asset Management Inc. and Karp Capital Management Corp. Company insiders that have bought Public Storage stock in the last two years include B Wayne Hughes Jr and Tamara Hughes Gustavson. View Insider Buying and Selling for Public Storage.

How do I buy Public Storage stock?

Shares of Public Storage can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Public Storage stock cost?

One share of Public Storage stock can currently be purchased for approximately $216.39.

Analyst Ratings

Consensus Ratings for Public Storage (NYSE:PSA) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: $227.80 (5.27% upside)

Analysts' Ratings History for Public Storage (NYSE:PSA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017Cantor FitzgeraldLower Price TargetNeutral$222.00 -> $216.00LowView Rating Details
4/19/2017Barclays PLCBoost Price TargetEqual Weight$222.00 -> $224.00LowView Rating Details
3/22/2017BMO Capital MarketsReiterated RatingHold$210.00LowView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
1/5/2017Robert W. BairdDowngradeOutperform -> Neutral$248.00 -> $235.00N/AView Rating Details
11/16/2016ArgusReiterated RatingBuy$284.00 -> $270.00N/AView Rating Details
10/31/2016Goldman Sachs Group IncUpgradeSell -> Neutral$210.00 -> $220.00N/AView Rating Details
10/27/2016FBR & CoLower Price TargetMarket Perform$250.00 -> $225.00N/AView Rating Details
9/12/2016KeyCorpLower Price TargetUnderweight$220.00 -> $205.00N/AView Rating Details
8/11/2016Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
8/10/2016Jefferies Group LLCLower Price TargetHold$270.00 -> $245.00N/AView Rating Details
5/13/2016Citigroup IncBoost Price TargetNeutral$240.00 -> $260.00N/AView Rating Details
5/11/2016Royal Bank of CanadaBoost Price TargetSector Perform$235.00 -> $243.00N/AView Rating Details
1/7/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
12/17/2015JPMorgan Chase & Co.DowngradeOverweight -> Neutral$243.00N/AView Rating Details
11/10/2015BB&T Co.Initiated CoverageUnderweight$217.50 -> $217.50N/AView Rating Details
10/16/2015Morgan StanleyBoost Price Target$195.00 -> $225.00N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$209.00 -> $204.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Public Storage (NYSE:PSA)
Earnings by Quarter for Public Storage (NYSE:PSA)
Earnings History by Quarter for Public Storage (NYSE:PSA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017$2.42$2.37$615.23 million$645.55 millionViewN/AView Earnings Details
10/26/2016Q316$2.51$2.51$624.13 million$663.15 millionViewN/AView Earnings Details
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 million$538.04 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)


Earnings Estimates for Public Storage (NYSE:PSA)
2017 EPS Consensus Estimate: $10.39
2018 EPS Consensus Estimate: $10.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$2.41$2.49$2.44
Q2 20174$2.54$2.61$2.56
Q3 20174$2.60$2.67$2.64
Q4 20174$2.70$2.83$2.76
Q1 20182$2.48$2.61$2.55
Q2 20182$2.67$2.73$2.70
Q3 20182$2.72$2.77$2.75
Q4 20182$2.87$2.88$2.88
(Data provided by Zacks Investment Research)


Current Dividend Information for Public Storage (NYSE:PSA)
Next Dividend:6/29/2017
Annual Dividend:$8.00
Dividend Yield:3.70%
Dividend Growth:12.30% (3 Year Average)
Payout Ratio:122.70% (Trailing 12 Months of Earnings)
109.74% (Based on This Year's Estimates)
100.76% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Public Storage (NYSE:PSA)

Dividend History by Quarter for Public Storage (NYSE:PSA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Public Storage (NYSE:PSA)
Insider Ownership Percentage: 14.20%
Institutional Ownership Percentage: 78.94%
Insider Trades by Quarter for Public Storage (NYSE:PSA)
Institutional Ownership by Quarter for Public Storage (NYSE:PSA)
Insider Trades by Quarter for Public Storage (NYSE:PSA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2017John ReyesInsiderSell65,000$208.44$13,548,600.00View SEC Filing  
3/14/2017Ronald L. Havner, Jr.CEOSell83,000$219.52$18,220,160.00View SEC Filing  
3/8/2017John ReyesInsiderSell65,000$225.09$14,630,850.00View SEC Filing  
3/7/2017Gary E PruittDirectorSell5,000$227.48$1,137,400.00View SEC Filing  
3/6/2017Lily Yan HughesSVPSell658$227.76$149,866.08View SEC Filing  
3/3/2017David F. DollInsiderSell20,000$225.34$4,506,800.00View SEC Filing  
12/14/2016John ReyesInsiderSell50,000$215.42$10,771,000.00View SEC Filing  
11/11/2016Tamara Hughes GustavsonDirectorBuy69,763$214.98$14,997,649.74View SEC Filing  
11/10/2016John ReyesInsiderSell60,000$216.32$12,979,200.00View SEC Filing  
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)


Headline Trends for Public Storage (NYSE:PSA)
Latest Headlines for Public Storage (NYSE:PSA)
DateHeadline logoAnalysts Issue Forecasts for Public Storage's Q2 2017 Earnings (PSA) - May 26 at 7:52 AM logoPublic Storage (PSA) PT Lowered to $216 at Cantor Fitzgerald; 'Acquisitions Volumes Could Decline in 2017' - - May 24 at 9:59 AM logoFY2017 EPS Estimates for Public Storage (PSA) Reduced by Cantor Fitzgerald - May 24 at 8:32 AM logoPublic Storage's Preferred Stock, Series A Shares Cross 5.5% Yield Mark - May 23 at 6:47 PM logoPublic Storage Announces Pricing of 5.15% Cumulative Preferred Shares of Beneficial Interest, Series F - May 23 at 6:46 PM logoPublic Storage (PSA) Stock Rating Reaffirmed by Cantor Fitzgerald - May 22 at 11:30 AM logoPublic Storage (PSA) Receives Average Rating of "Hold" from Brokerages - May 19 at 12:52 PM logoJohn Reyes Sells 65,000 Shares of Public Storage (PSA) Stock - May 15 at 7:10 PM logoBuy These 3 In May And Walk Away - May 15 at 6:35 PM logoBuy These Three In May And Walk Away - May 15 at 9:46 AM logoResearch Analysts Offer Predictions for Public Storage's FY2017 Earnings (PSA) - May 12 at 12:32 PM logoPublic Storage (PSA) Downgraded to "Sell" at Zacks Investment Research - May 12 at 12:26 PM logoQ2 2017 Earnings Forecast for Public Storage Issued By Jefferies Group (PSA) - May 11 at 7:52 AM logoPublic Storage Is Ripe for the Picking - May 10 at 7:36 PM logoWhat To Do About IBM And Grainger Downgrades? - May 8 at 11:56 AM logoRinging The Register On REITs Without Regret - May 5 at 7:35 PM logoKeyCorp Weighs in on Public Storage's Q3 2017 Earnings (PSA) - May 3 at 10:15 AM logoPublic Storage (PSA) Earns News Sentiment Score of 0.21 - May 3 at 1:10 AM logoPost Earnings Coverage as Public Storage's Quarterly Revenue Jumped 6%, FFO Climbed 11% - May 2 at 9:59 AM logoQ2 2017 EPS Estimates for Public Storage Lowered by Analyst (PSA) - May 2 at 8:12 AM logoTop 3 Self Storage REIT Picks Of May 2017 - May 1 at 11:09 AM logoPublic Storage (PSA) to Post Q3 2017 Earnings of $2.68 Per Share, FBR & Co Forecasts - May 1 at 8:53 AM logoPublic Storage (PSA) Earning Positive Press Coverage, Report Shows - April 29 at 10:47 PM logoEdited Transcript of PSA earnings conference call or presentation 27-Apr-17 6:00pm GMT - April 29 at 7:44 PM logo$675.07 Million in Sales Expected for Public Storage (PSA) This Quarter - April 29 at 10:14 AM logoPublic Storage is Oversold - Nasdaq - April 28 at 3:20 PM logoQ2 2017 Earnings Estimate for Public Storage Issued By FBR & Co (PSA) - April 28 at 9:16 AM logoPublic Storage reports 1Q results - Yahoo Finance - April 27 at 7:47 PM logoPublic Storage's (PSA) CEO Ron Havner on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - April 27 at 7:47 PM logoPublic Storage (PSA) Q1 FFO and Revenues Miss Estimates - Nasdaq - April 27 at 7:47 PM logoPublic Storage (PSA) Q1 FFO and Revenues Miss Estimates - April 27 at 10:39 AM logoPublic Storage breached its 50 day moving average in a Bearish Manner : PSA-US : April 27, 2017 - April 27 at 10:39 AM logoZacks: Analysts Anticipate Public Storage (PSA) Will Post Earnings of $2.42 Per Share - April 27 at 8:46 AM logoSomewhat Favorable Press Coverage Somewhat Likely to Impact Public Storage (PSA) Share Price - April 27 at 1:13 AM logoPublic Storage EPS of $2.37 - April 26 at 11:58 PM logoPublic Storage Reports 12% Increase In Q1 Bottom Line - April 26 at 10:57 PM logoPublic Storage Reports Results for the Quarter Ended March 31, 2017 - April 26 at 10:57 PM logoPublic Storage (PSA) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS - April 26 at 10:06 PM logoPublic Storage (PSA) Plans Quarterly Dividend of $2.00 - April 26 at 9:06 PM logoPublic Storage reports 1Q results - April 26 at 7:10 PM logoBarclays PLC Increases Public Storage (PSA) Price Target to $224.00 - April 25 at 11:50 AM logoPublic Storage (PSA) Given Average Recommendation of "Hold" by Brokerages - April 24 at 2:50 PM logoExtra Space Storage (EXR) Q1 Earnings: What's in the Cards? - April 24 at 2:34 PM logoFavorable News Coverage Unlikely to Impact Public Storage (PSA) Stock Price - April 23 at 12:59 PM logoIs a Beat in Store for Public Storage (PSA) in Q1 Earnings? - April 21 at 7:11 PM logoPublic Storage (PSA) Receives Equal Weight Rating from Barclays PLC - April 19 at 2:29 PM logoSomewhat Favorable News Coverage Somewhat Likely to Impact Public Storage (PSA) Stock Price - April 17 at 11:03 PM logoIs Storage Vault Canada Inc. a Short Sell? - April 17 at 6:27 PM logoTwo execs retiring from Public Storage - April 17 at 6:26 PM logoPublic Storage Powers Higher and Stays There - April 17 at 6:26 PM



Public Storage (PSA) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff