NYSE:PSA - Public Storage Stock Price, Forecast & News

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

Public Storage announced a dividend on Tuesday, October 29th. Stockholders of record on Friday, December 13th will be given a dividend of $2.00 per share on Monday, December 30th. The ex-dividend date of this dividend is Thursday, December 12th. View Public Storage's Dividend History.

Public Storage (NYSE:PSA) announced its quarterly earnings data on Tuesday, October, 29th. The real estate investment trust reported $1.93 earnings per share (EPS) for the quarter, topping the Zacks' 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 net margin of 60.98% and a return on equity of 33.96%. The business's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 EPS. View Public Storage's Earnings History.

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

12 brokerages have issued 12 month price targets for Public Storage's shares. Their forecasts range from $201.00 to $285.00. On average, they anticipate Public Storage's share price to reach $240.06 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Public Storage.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Public Storage.

News headlines about PSA stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Public Storage earned a news impact score of 0.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for 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 daily volume of 950,200 shares, the days-to-cover ratio is currently 6.4 days. Approximately 4.1% of the shares of the company are sold short. View Public Storage's Current Options Chain.

Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Public Storage investors own include AT&T (T), Ford Motor (F), Verizon Communications (VZ), Cisco Systems (CSCO), Simon Property Group (SPG), Walt Disney (DIS), Home Depot (HD), PepsiCo (PEP), Johnson & Johnson (JNJ) and Intel (INTC).

Public Storage's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (6.36%), 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%) and Russell Investments Group Ltd. (0.33%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, Gary E Pruitt, Lily Yan Hughes and Ronald L Havner, Jr. View Institutional Ownership Trends for Public Storage.

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.

PSA stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, PGGM Investments, Alberta Investment Management Corp, Zimmer Partners LP, State of New Jersey Common Pension Fund D, Millennium Management LLC, State Street Corp and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for 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.

One share of PSA stock can currently be purchased for approximately $211.35.

Public Storage has a market capitalization of $36.92 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.

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

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.