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: $226.24
  • 50 Day Moving Average: $219.53
  • 200 Day Moving Average: $217.64
  • 52-Week Range: $200.65 - $277.60
  • Trailing P/E Ratio: 34.65
  • Foreward P/E Ratio: 30.37
  • P/E Growth: 4.07
  • Market Cap: $39.24B
  • Outstanding Shares: 173,440,000
  • Beta: 0.45
  • 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%
Additional Links:
Companies Related to Public Storage:

Analyst Ratings

Consensus Ratings for Public Storage (NYSE:PSA) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $234.60 (3.70% upside)

Analysts' Ratings History for Public Storage (NYSE:PSA)
DateFirmActionRatingPrice TargetDetails
1/23/2017Barclays PLCLower Price TargetEqual Weight$230.00 -> $215.00View Rating Details
1/5/2017Robert W. BairdDowngradeOutperform -> Neutral$248.00 -> $235.00View Rating Details
11/16/2016ArgusReiterated RatingBuy$284.00 -> $270.00View Rating Details
10/31/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$210.00 -> $220.00View Rating Details
10/27/2016Cantor FitzgeraldReiterated RatingNeutral -> HoldView Rating Details
10/27/2016FBR & CoLower Price TargetMarket Perform$250.00 -> $225.00View Rating Details
9/12/2016KeyCorpLower Price TargetUnderweight$220.00 -> $205.00View Rating Details
8/22/2016Evercore ISIUpgradeSell -> Hold$228.00View Rating Details
8/11/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
8/10/2016Jefferies Group LLCLower Price TargetHold$270.00 -> $245.00View 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
2/18/2016BMO Capital MarketsBoost Price TargetMarket Perform$200.00 -> $235.00View Rating Details
1/7/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
12/17/2015J P Morgan Chase & CoDowngradeOverweight -> Neutral$243.00View Rating Details
11/10/2015BB&T CorporationInitiated 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 2/22/2015 forward)


Earnings History for Public Storage (NYSE:PSA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416$1.89$2.65$619.13 million$651.43 millionN/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 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)
Current Year EPS Consensus Estimate: $6.69 EPS
Next Year EPS Consensus Estimate: $7.45 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$2.46$2.52$2.49
Q4 20164$2.60$2.65$2.63
Q1 20172$2.34$2.48$2.41
Q2 20171$2.54$2.54$2.54
Q3 20172$2.67$2.69$2.68
Q4 20172$2.77$2.80$2.79
(Data provided by Zacks Investment Research)


Current Dividend Information for Public Storage (NYSE:PSA)
Annual Dividend:$8.00
Dividend Yield:3.54%
Dividend Growth:12.30% (3 Year Average)
Payout Ratio:122.70% (Based on Trailing 12 Months of Earnings)
119.58% (Based on Current Year Consensus EPS Estimate)
107.38% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

Dividend History for Public Storage (NYSE:PSA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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: 78.94%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Public Storage (NYSE:PSA)
DateHeadline logoPublic Storage : (PSA) Slumps with Earnings on Way (NYSE:PSA) - February 22 at 7:29 PM
News IconWill Public Storage’s (PSA) Earnings Grow In The Year Ahead? (NYSE:PSA) - February 22 at 7:29 PM logoPublic Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2016 (NYSE:PSA) - February 22 at 7:29 PM
News IconValue Focus: Following the Numbers for Public Storage (NYSE:PSA) - Baldwin Journal (NYSE:PSA) - February 21 at 5:32 PM
News IconBuy or Sell? What Analysts Recommends: General Dynamics Corporation (GD), Public Storage (PSA) - StockNewsJournal (NYSE:PSA) - February 21 at 5:32 PM logoExcellent Dividend Growers At A Reasonable Price (NYSE:PSA) - February 20 at 9:21 AM logoWelltower (HCN): Will it Post an Earnings Beat this Season? (NYSE:PSA) - February 20 at 9:21 AM logoPublic Storage (PSA) Unveils New Facility in Jersey City - Nasdaq (NYSE:PSA) - February 18 at 8:03 AM logoPublic Storage breached its 50 day moving average in a Bullish Manner : PSA-US : February 17, 2017 (NYSE:PSA) - February 17 at 8:07 PM logoOn Second Thoughts, Maybe GM Europe/PSA Merger Could Work? (NYSE:PSA) - February 16 at 6:58 PM logoOn Second Thoughts, Maybe GM Europe/PSA Merger Could Work? (NYSE:PSA) - February 16 at 6:58 PM logoOn Second Thoughts, Maybe GM Europe/PSA Merger Could Work? (NYSE:PSA) - February 16 at 6:58 PM logoPublic Storage Opens a New Facility in Jersey City, New Jersey (NYSE:PSA) - February 16 at 6:58 PM logoPublic Storage Opens a New Facility in Jersey City, New Jersey (NYSE:PSA) - February 16 at 6:58 PM logoPublic Storage Opens a New Facility in Jersey City, New Jersey (NYSE:PSA) - February 16 at 6:58 PM logoFrance's PSA In Talks To Acquire GM's Opel-Vauxhall -- Will It Work This Time? (NYSE:PSA) - February 14 at 11:51 PM
News IconSADIF Analytics releases new summary due diligence report for Public Storage ($PSA). (NYSE:PSA) - February 10 at 9:30 PM
News IconTechnical Reports on REIT Equities -- Extra Space Storage, Public Storage, First Industrial Realty Trust, and STAG Industrial (NYSE:PSA) - February 6 at 8:57 AM
News IconExtra Space Storage (EXR): A Self-Storage REIT Offering High Yield and Fast Dividend Growth (NYSE:PSA) - February 1 at 10:04 PM logoPublic Storage : PSA-US: Dividend Analysis : December 14th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:PSA) - February 1 at 10:04 PM
News IconTop Gainers of the Day: Public Storage (NYSE:PSA) from REIT – Industrial (NYSE:PSA) - January 31 at 9:08 PM logoPublic Storage breached its 50 day moving average in a Bearish Manner : PSA-US : January 31, 2017 (NYSE:PSA) - January 31 at 9:08 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Public Storage - Highland Mirror (NYSE:PSA) - January 31 at 1:02 AM logoPublic Storage And Realty Income: 2 REIT Stalwarts - Seeking Alpha (NYSE:PSA) - January 31 at 1:02 AM logoPublic Storage And Realty Income: Two REIT Stalwarts - Seeking Alpha (NYSE:PSA) - January 30 at 8:09 AM
News IconEarnings in Full Force, Analysts Take Aim at Public Storage (NYSE:PSA) - Wall Street Beacon (NYSE:PSA) - January 30 at 12:53 AM
News IconResolution Capital Ltd Boosts Position by $76,791,917 in Public ... - Highland Mirror (NYSE:PSA) - January 30 at 12:53 AM
News IconNavellier & Associates INC Has Lowered Its Position in Public Storage INC (PSA) as Valuation Declined (NYSE:PSA) - January 28 at 5:48 AM
News IconIs Public Storage (NYSE:PSA), a large market cap stock a smart buy? (NYSE:PSA) - January 28 at 5:48 AM
News IconUnion Bankshares Corp Upped Its Stake in Public Storage (PSA) by $3.06 Million (NYSE:PSA) - January 27 at 1:28 AM
News IconUpdate on Public Storage (NYSE:PSA) for the day (NYSE:PSA) - January 26 at 2:25 AM logoPublic Storage to Release Fourth Quarter 2016 Earnings Results and Host Quarterly Conference Call (NYSE:PSA) - January 26 at 2:25 AM logoHow To YieldBoost Public Storage From 3.6% To 10.2% Using Options (NYSE:PSA) - January 24 at 8:09 PM
News IconPublic Storage (NYSE:PSA) from REIT – Industrial – Todays Top Gains (NYSE:PSA) - January 24 at 8:09 PM
News IconPublic Storage (PSA) Holder Security Capital Research & Management INC Has Upped Stake by $80.66 Million as Stock Price Declined (NYSE:PSA) - January 24 at 8:09 PM
News IconFocus Equity: Stock Strength Indicator Watch On Public Storage (NYSE:PSA) - Wall Street Beacon (NYSE:PSA) - January 23 at 12:08 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Public Storage (NYSE:PSA) - Wall Street Beacon (NYSE:PSA) - January 22 at 12:06 AM logoSell These Public Storage Preferred Stocks If You Have Them - Seeking Alpha (NYSE:PSA) - January 20 at 8:12 PM
News IconREIT – Industrial: Public Storage (NYSE:PSA) Position of the day (NYSE:PSA) - January 20 at 6:20 AM logoJim Cramer Shares His Thoughts On Square And Public Storage - Benzinga (NYSE:PSA) - January 18 at 8:27 AM
News IconShares of Public Storage (NYSE:PSA) Sees Large Inflow of Net Money Flow - Highland Mirror (NYSE:PSA) - January 18 at 8:27 AM logoPublic Storage Announces Tax Treatment of 2016 Dividends (NYSE:PSA) - January 18 at 12:44 AM logoPublic Storage Raises Dividend 11%. Now What? (NYSE:PSA) - January 17 at 7:43 PM logoETFs with exposure to Public Storage : January 17, 2017 (NYSE:PSA) - January 17 at 7:43 PM
News IconFocus Equity: Stock Strength Indicator Update on Public Storage (NYSE:PSA) - Wall Street Beacon (NYSE:PSA) - January 17 at 10:53 AM logoPublic Storage breached its 50 day moving average in a Bearish Manner : PSA-US : January 16, 2017 (NYSE:PSA) - January 16 at 11:56 AM
News IconWill The Needle Move For Public Storage (NYSE:PSA) Shares This Earnings Season? - Wall Street Beacon (NYSE:PSA) - January 13 at 8:00 AM
News IconSelf-Storage Has No Moat (NYSE:PSA) - January 13 at 8:00 AM
News IconHigh Market Cap Stock of the Day – Public Storage (NYSE:PSA) (NYSE:PSA) - January 10 at 8:20 PM logoPSA Crosses Above Average Analyst Target (NYSE:PSA) - January 6 at 8:03 PM


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 declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Wednesday, March 15th will be paid a dividend of $2.00 per share on Thursday, March 30th. This represents a $8.00 dividend on an annualized basis and a yield of 3.54%.

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

12 equities research analysts have issued twelve-month price objectives for Public Storage's stock. Their forecasts range from $205.00 to $270.00. On average, they expect Public Storage's stock price to reach $234.60 in the next twelve months.

When will Public Storage announce their earnings?

Public Storage is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns Public Storage stock?

Public Storage's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (5.28%), State Street Corp (5.08%), Dimensional Fund Advisors LP (1.14%), Asset Management One Co. Ltd. (0.35%), Russell Investments Group Ltd. (0.34%) and Janus Capital Management LLC (0.30%). Company insiders that own Public Storage stock include Avedick Baruyr Poladian, B Wayne Et Al Hughes, B Wayne Hughes Jr, David F Doll, John Reyes, Tamara Hughes Gustavson and Uri P Harkham.

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 Arrowstreet Capital Limited Partnership, Janus Capital Management LLC, Renaissance Technologies LLC, TCW Group Inc., AQR Capital Management LLC, Franklin Resources Inc., Guggenheim Capital LLC and Employees Retirement System of Texas. Company insiders that have sold Public Storage stock in the last year include David F Doll and John Reyes.

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

Public Storage's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., FMR LLC, Alyeska Investment Group L.P., RidgeWorth Capital Management LLC, Asset Management One Co. Ltd., Symons Capital Management Inc., Westwood Holdings Group Inc. and Elkfork Partners LLC. Company insiders that have bought Public Storage stock in the last two years include Avedick Baruyr Poladian, B Wayne Hughes Jr and Tamara Hughes Gustavson.

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 $226.24.

Public Storage (NYSE:PSA) Chart for Wednesday, February, 22, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Public Storage (NYSE:PSA)

Earnings History Chart

Earnings by Quarter for Public Storage (NYSE:PSA)

Dividend History Chart

Dividend Payments by Quarter for Public Storage (NYSE:PSA)

Last Updated on 2/22/2017 by Staff