Public Storage Stock Forecast, Price & News

Public Storage (NYSE:PSA) Frequently Asked Questions

Is Public Storage a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last twelve months. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Public Storage stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSA, but not buy additional shares or sell existing shares.
View analyst ratings for Public Storage or view top-rated stocks.

How has Public Storage's stock price been impacted by COVID-19 (Coronavirus)?

Public Storage's stock was trading at $220.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PSA shares have increased by 53.5% and is now trading at $338.28.
View which stocks have been most impacted by COVID-19.

When is Public Storage's next earnings date?

Public Storage is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Public Storage.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) released its quarterly earnings results on Monday, November, 1st. The real estate investment trust reported $2.52 earnings per share for the quarter, missing analysts' consensus estimates of $3.23 by $0.71. The real estate investment trust had revenue of $716.05 million for the quarter, compared to the consensus estimate of $858.76 million. Public Storage had a net margin of 52.00% and a trailing twelve-month return on equity of 34.52%. The firm's revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.63 EPS.
View Public Storage's earnings history.

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

Public Storage announced a quarterly dividend on Wednesday, November 3rd. Stockholders of record on Wednesday, December 15th will be given a dividend of $2.00 per share on Thursday, December 30th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend is Tuesday, December 14th.
View Public Storage's dividend history.

Is Public Storage a good dividend stock?

Public Storage pays an annual dividend of $8.00 per share and currently has a dividend yield of 2.39%. The dividend payout ratio of Public Storage is 95.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Public Storage will have a dividend payout ratio of 56.98% next year. This indicates that Public Storage will be able to sustain or increase its dividend.
View Public Storage's dividend history.

What guidance has Public Storage issued on next quarter's earnings?

Public Storage issued an update on its FY 2021 earnings guidance on Monday, November, 8th. The company provided EPS guidance of $12.500-$12.800 for the period. The company issued revenue guidance of -.

What price target have analysts set for PSA?

13 equities research analysts have issued 1-year target prices for Public Storage's stock. Their forecasts range from $228.00 to $375.00. On average, they anticipate Public Storage's stock price to reach $326.42 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Public Storage or view top-rated stocks among Wall Street analysts.

Who are Public Storage's key executives?

Public Storage's management team includes the following people:

• Joseph D. Russell, President, Chief Executive Officer & Trustee
• David Lee, Chief Operating Officer
• H. Thomas Boyle, Chief Financial Officer & Senior Vice President
• Nathaniel A. Vitan, Secretary, Chief Legal Officer & Senior VP (LinkedIn Profile)
• Natalia N. Johnson, SVP, Chief Human Resource & Administrative Officer

What is Ronald L. Havner Jr.'s approval rating as Public Storage's CEO?

736 employees have rated Public Storage CEO Ronald L. Havner Jr. on Glassdoor.com. Ronald L. Havner Jr. has an approval rating of 66% among Public Storage's employees.

Who are some of Public Storage's key competitors?

Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), Medical Properties Trust (MPW), CubeSmart (CUBE), Life Storage (LSI), Omega Healthcare Investors (OHI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), PotlatchDeltic (PCH), EPR Properties (EPR) and Sabra Health Care REIT (SBRA).
View all of PSA's 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 AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Intel (INTC), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), Ford Motor (F) and Walt Disney (DIS).

What is Public Storage's stock symbol?

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

Who are Public Storage's major shareholders?

Public Storage's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.58%), Cohen & Steers Inc. (6.85%), Wellington Management Group LLP (2.72%), Geode Capital Management LLC (1.78%), Dimensional Fund Advisors LP (1.28%) and Daiwa Securities Group Inc. (1.19%). Company insiders that own Public Storage stock include Heisz Leslie Stone, John Reyes, Nathaniel A Vitan, Ronald L Havner Jr, Tamara Hughes Gustavson and Uri P Harkham.
View institutional ownership trends for Public Storage.

Which institutional investors are selling Public Storage stock?

PSA stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Daiwa Securities Group Inc., Uniplan Investment Counsel Inc., BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Credit Suisse AG, Morgan Stanley, and Janus Henderson Group PLC. Company insiders that have sold Public Storage company stock in the last year include Heisz Leslie Stone, John Reyes, and Nathaniel A Vitan.
View insider buying and selling activity for Public Storage or view top insider-selling stocks.

Which institutional investors are buying Public Storage stock?

PSA stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, PGGM Investments, Caisse DE Depot ET Placement DU Quebec, Renaissance Technologies LLC, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Jupiter Asset Management Ltd., and Robeco Institutional Asset Management B.V.. Company insiders that have bought Public Storage stock in the last two years include Ronald L Havner Jr, and Tamara Hughes Gustavson.
View insider buying and selling activity for Public Storage or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Public Storage's stock price today?

One share of PSA stock can currently be purchased for approximately $338.28.

How much money does Public Storage make?

Public Storage has a market capitalization of $59.32 billion and generates $2.92 billion in revenue each year. The real estate investment trust earns $1.36 billion in net income (profit) each year or $8.37 on an earnings per share basis.

How many employees does Public Storage have?

Public Storage employs 5,400 workers across the globe.

When was Public Storage founded?

Public Storage was founded in 1972.

What is Public Storage's official website?

The official website for Public Storage is www.publicstorage.com.

Where are Public Storage's headquarters?

Public Storage is headquartered at 701 WESTERN AVENUE, GLENDALE CA, 91201.

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 or via fax at 818-244-9530.