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Public Storage Stock Price, Forecast & Analysis (NYSE:PSA)

$212.44
-0.51 (-0.24 %)
(As of 11/15/2019 02:16 PM ET)
Today's Range
$211.71
Now: $212.44
$213.61
50-Day Range
$210.42
MA: $234.68
$248.57
52-Week Range
$193.89
Now: $212.44
$266.76
Volume31,220 shs
Average Volume1.12 million shs
Market Capitalization$37.11 billion
P/E Ratio20.12
Dividend Yield3.82%
Beta0.07
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At March 31, 2019, we had: (i) interests in 2,444 self-storage facilities located in 38 states with approximately 164 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 231 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at March 31, 2019. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP74460D10
Phone818-244-8080

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.75 billion
Cash Flow$12.80 per share
Book Value$28.75 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$37.11 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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Public Storage (NYSE:PSA) Frequently Asked Questions

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, July 24th. Investors of record on Thursday, September 12th will be paid a dividend of $2.00 per share on Friday, September 27th. This represents a $8.00 annualized dividend and a yield of 3.76%. The ex-dividend date is Wednesday, September 11th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) released its quarterly earnings results on Tuesday, October, 29th. The real estate investment trust reported $1.93 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.90 by $0.03. The real estate investment trust had revenue of $729.33 million for the quarter, compared to analyst estimates of $732.26 million. Public Storage had a return on equity of 33.96% and a net margin of 60.98%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.85 EPS. View Public Storage's Earnings History.

When is Public Storage's next earnings date?

Public Storage is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Public Storage.

What price target have analysts set for PSA?

11 Wall Street analysts have issued 1 year price objectives for Public Storage's shares. Their forecasts range from $201.00 to $290.00. On average, they anticipate Public Storage's share price to reach $244.70 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Public Storage.

What is the consensus analysts' recommendation for Public Storage?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Public Storage.

Has Public Storage been receiving favorable news coverage?

Media stories about PSA stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Public Storage earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Public Storage.

Are investors shorting Public Storage?

Public Storage saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,050,000 shares, an increase of 10.0% from the September 30th total of 5,500,000 shares. Based on an average trading volume of 950,200 shares, the days-to-cover ratio is currently 6.4 days. Approximately 4.1% of the company's stock are sold short. View Public Storage's Current Options Chain.

Who are some of Public Storage's key competitors?

What other stocks do shareholders of Public Storage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Public Storage investors own include Ford Motor (F), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Simon Property Group (SPG), Walt Disney (DIS), PepsiCo (PEP), Johnson & Johnson (JNJ), Intel (INTC) and Mcdonald's (MCD).

Who are Public Storage's key executives?

Public Storage's management team includes the folowing people:
  • Mr. Joseph D. Russell Jr., CEO, Pres & Trustee (Age 59)
  • Ms. Natalia N. Johnson, Sr. VP & Chief HR Officer (Age 41)
  • Ms. Lily Yan Hughes, Advisor (Age 56)
  • Mr. B. Wayne Hughes Sr., Founder & Chairman Emeritus (Age 85)
  • Mr. H. Thomas Boyle III, CFO & Sr. VP (Age 36)

Who are Public Storage's major shareholders?

Public Storage's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (1.59%), Daiwa Securities Group Inc. (0.81%), California Public Employees Retirement System (0.75%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Russell Investments Group Ltd. (0.33%) and Great West Life Assurance Co. Can (0.26%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, Gary E Pruitt, John Reyes, Lily Yan Hughes and Ronald L Havner, Jr. View Institutional Ownership Trends for Public Storage.

Which major investors are selling Public Storage stock?

PSA stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Russell Investments Group Ltd., SG Americas Securities LLC, CWM LLC, State of Alaska Department of Revenue, Duff & Phelps Investment Management Co., Chicago Equity Partners LLC and Teacher Retirement System of Texas. Company insiders that have sold Public Storage company stock in the last year include B Wayne Et Al Hughes and Lily Yan Hughes. View Insider Buying and Selling for Public Storage.

Which major investors are buying Public Storage stock?

PSA stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, PGGM Investments, Alberta Investment Management Corp, State of New Jersey Common Pension Fund D, Robeco Institutional Asset Management B.V., California Public Employees Retirement System, Polaris Greystone Financial Group LLC and Mackay Shields LLC. View Insider Buying and Selling for Public Storage.

How do I buy shares of Public Storage?

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

What is Public Storage's stock price today?

One share of PSA stock can currently be purchased for approximately $212.54.

How big of a company is Public Storage?

Public Storage has a market capitalization of $37.13 billion and generates $2.75 billion in revenue each year. The real estate investment trust earns $1.71 billion in net income (profit) each year or $10.56 on an earnings per share basis. Public Storage employs 5,600 workers across the globe.View Additional Information About Public Storage.

What is Public Storage's official website?

The official website for Public Storage is http://www.publicstorage.com/.

How can I contact Public Storage?

Public Storage's mailing address is 701 WESTERN AVENUE, GLENDALE CA, 91201. The real estate investment trust can be reached via phone at 818-244-8080.


MarketBeat Community Rating for Public Storage (NYSE PSA)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  671 (Vote Underperform)
Total Votes:  1,044
MarketBeat's community ratings are surveys of what our community members think about Public Storage and other stocks. Vote "Outperform" if you believe PSA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

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