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: $202.25
  • 50 Day Moving Average: $215.833
  • 200 Day Moving Average: $239.439
  • 52-Week Range: $200.65 - $277.60
  • Trailing P/E Ratio: 31.540
  • Foreward P/E Ratio: 19.32
  • P/E Growth: 3.100
  • Market Cap: $35.65B
  • Outstanding Shares: 173,401,000
  • Beta: 0.61
  • Net Margins: 52.71%
  • Return on Equity: 26.00%
  • Return on Assets: 13.35%
  • 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, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.94)
Consensus Price Target: $240.68 (19.00% upside)

Analysts' Ratings History for Public Storage (NYSE:PSA)
DateFirmActionRatingPrice TargetDetails
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 Corp.DowngradeBuy -> NeutralView Rating Details
8/10/2016Jefferies GroupLower 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
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 10/28/2014 forward)


Earnings History for Public Storage (NYSE:PSA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $9.6 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$2.46$2.52$2.49
Q4 20164$2.61$2.67$2.64
Q1 20172$2.36$2.48$2.42
Q2 20171$2.57$2.57$2.57
Q3 20172$2.67$2.69$2.68
Q4 20172$2.80$2.81$2.81
(Data provided by Zacks Investment Research)


Current Dividend Information for Public Storage (NYSE:PSA)
Annual Dividend:$7.20
Dividend Yield:3.56%
Dividend Growth:13.90% (3 Year Average)
Payout Ratio:110.43% (Based on Trailing 12 Months of Earnings)
75.00% (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
(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: 77.99%
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)


Latest Headlines for Public Storage (NYSE:PSA)
DateHeadline logoPublic Storage's (PSA) CEO Ron Havner on Q3 2016 Results - Earnings Call Transcript (NYSE:PSA) - October 28 at 10:40 AM logoEdited Transcript of PSA earnings conference call or presentation 27-Oct-16 6:00pm GMT (NYSE:PSA) - October 28 at 10:40 AM logoMore on Public Storage's Q3 - Seeking Alpha (NYSE:PSA) - October 27 at 7:00 PM logoPublic Storage (PSA) Meets Q3 FFO Estimates, Ups Dividend (NYSE:PSA) - October 27 at 7:00 PM
News IconPublic Storage Posts Higher Funds From Operations, Boosts Dividend (NYSE:PSA) - October 27 at 11:51 AM logoPublic Storage reports 3Q results (NYSE:PSA) - October 27 at 11:51 AM logoPUBLIC STORAGE Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:PSA) - October 27 at 11:51 AM logoPublic Storage :PSA-US: Earnings Analysis: Q3, 2016 By the Numbers : October 27, 2016 (NYSE:PSA) - October 27 at 11:51 AM logoPublic Storage EPS and Self-storage facilities revenue in-line (NYSE:PSA) - October 26 at 10:54 PM logoPublic Storage Reports Results for the Three and Nine Months Ended September 30, 2016 and Increases Quarterly Common Dividend by 11% to $2.00 Per Share (NYSE:PSA) - October 26 at 6:55 PM logoQ3 2016 Public Storage Earnings Release - After Market Close (NYSE:PSA) - October 26 at 10:23 AM logoClear Out of Public Storage for Now (NYSE:PSA) - October 26 at 10:23 AM logoAnalysts EPS Target At $2.5 For Public Storage (NYSE:PSA) - Stocks Daily (NYSE:PSA) - October 24 at 6:36 PM
News IconConcert Wealth Management Inc. invests in Public Storage (PSA) Shares - DailyQuint (NYSE:PSA) - October 24 at 6:36 PM logoPublic Storage's Preferred Stock, Series X Yield Pushes Past 5% (NYSE:PSA) - October 24 at 2:58 PM logoInteresting PSA Put And Call Options For June 2017 (NYSE:PSA) - October 24 at 12:23 PM logoAnalysts EPS Target At $2.5 For Public Storage (NYSE:PSA) (NYSE:PSA) - October 23 at 6:38 PM logoPublic Storage Set to Possibly Rebound After Yesterday's Selloff of 1.06% (NYSE:PSA) - October 21 at 6:55 PM
News IconPublic Storage (NYSE:PSA) from REIT – Industrial – Todays Top Gains (NYSE:PSA) - October 21 at 10:25 AM
News IconREIT – Industrial: Public Storage (NYSE:PSA) Position of the day (NYSE:PSA) - October 20 at 7:11 PM logoPUBLIC STORAGE Financials (NYSE:PSA) - October 20 at 7:11 PM
News IconSelf-Storage Directory SpareFoot Launches SparePups PSA to Promote Pet Adoption (NYSE:PSA) - October 20 at 8:16 AM
News IconTop Gainers of the Day: Public Storage (NYSE:PSA) from REIT – Industrial (NYSE:PSA) - October 20 at 8:16 AM
News IconBroker Roundup For Public Storage (NYSE:PSA) (NYSE:PSA) - October 18 at 6:46 PM
News IconUpdate on Public Storage (NYSE:PSA) for the day (NYSE:PSA) - October 18 at 6:46 PM
News Icon13F Activity: As Public Storage (PSA) Stock Value Declined, Shareholder Aew Capital Management LP Trimmed by ... - Chester News (NYSE:PSA) - October 18 at 12:11 PM logoPublic Storage : PSA-US: Dividend Analysis : September 14th, 2016 (record date) : By the numbers : October 17, 2016 (NYSE:PSA) - October 17 at 6:46 PM
News IconLeading stocks in today’s market: Public Storage (NYSE:PSA) (NYSE:PSA) - October 17 at 12:02 PM
News IconA look at a High Market Cap Stock: Public Storage, PSA - The Daily Leicester (NYSE:PSA) - October 16 at 11:14 AM
News IconPublic Storage (NYSE:PSA) – Top Stock from Financial Sector - The Daily Leicester (NYSE:PSA) - October 16 at 11:14 AM
News IconHigh Market Cap Stock of the Day – Public Storage (NYSE:PSA) (NYSE:PSA) - October 14 at 10:09 AM
News IconUpcoming Earnings Report: Public Storage (NYSE:PSA) - The Voice Registrar (NYSE:PSA) - October 13 at 7:01 PM
News IconFiling Analysis: Nuveen Asset Management LLC Trimmed Holding in Public Storage (PSA) by $43.49 Million - Chester News (NYSE:PSA) - October 13 at 7:01 PM logoPublic Storage - How Low Can You Go? - Seeking Alpha (NYSE:PSA) - October 13 at 7:01 PM logoPublic Storage - How Low Can You Go? (NYSE:PSA) - October 13 at 10:35 AM
News IconLarge Cap REIT – Industrial: Public Storage (NYSE:PSA) (NYSE:PSA) - October 12 at 6:51 PM
News IconLooking Ahead for Public Storage (NYSE:PSA); Are These Shares Ready to Go Higher? - CSZ News (NYSE:PSA) - October 12 at 12:19 PM
News IconPublic Storage (NYSE:PSA) topped earnings-per-share estimates 58.% of the time - The Independent Republic (NYSE:PSA) - October 11 at 7:12 PM
News IconReg Filings: Public Storage (PSA) Holder Lasalle Investment ... - Chester News (NYSE:PSA) - October 11 at 7:12 PM logoTechnical Roundup on REIT Stocks -- CubeSmart, Communications ... - PR Newswire (press release) (NYSE:PSA) - October 10 at 11:38 AM logoPublic Storage (NYSE:PSA) EPS Projection At $2.51? - Stocks Daily (NYSE:PSA) - October 9 at 6:10 PM logoPUBLIC STORAGE Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to Rights of Sec (NYSE:PSA) - October 7 at 6:36 PM logoPublic Storage Announces Pricing of 4.90% Cumulative Preferred Shares of Beneficial Interest, Series E (NYSE:PSA) - October 6 at 6:40 PM
News IconPublic Storage (PSA) Shares are Up 0.46% (NYSE:PSA) - October 5 at 6:46 PM
News IconPublic Storage (NYSE:PSA) Updated Broker Price Targets - The De Soto Edge (NYSE:PSA) - October 5 at 12:06 PM logoPublic Storage to Release Third Quarter 2016 Earnings Results and Host Quarterly Conference Call (NYSE:PSA) - October 3 at 6:28 PM logoXLY, PFI: Big ETF Inflows (NYSE:PSA) - October 3 at 11:31 AM
News IconThe Statistics Don't Lie: Public Storage (NYSE:PSA) Earnings ... - The Voice Registrar (NYSE:PSA) - October 1 at 8:17 AM
News IconNoteworthy Analyst Ratings of Two Public Storage (NYSE:PSA), Stocks Prologis (NYSE:PLD) - The Voice Registrar (NYSE:PSA) - September 30 at 3:24 PM
News IconL.A. Area’s Top Stock? Public Storage (NYSE:PSA) - September 28 at 6:39 PM


Public Storage (NYSE:PSA) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff