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

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$216.79 -1.43 (-0.66 %)
(As of 04/26/2019 04:18 AM ET)
Previous Close$218.22
Today's Range$215.85 - $217.6050
52-Week Range$193.89 - $234.90
Volume815,139 shs
Average Volume895,781 shs
Market Capitalization$37.83 billion
P/E Ratio20.53
Dividend Yield3.67%
Beta0.26
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. The Company's headquarters are located in Glendale, California. At December 31, 2018, we had interests in 2,429 self-storage facilities located in 38 states with approximately 162 million net rentable square feet in the United States and we owned a 35.2% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), which owned 232 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand. We also own a 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 December 31, 2018.

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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$12.6482 per share
Book Value$29.40 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$37.83 billion
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

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 announced a quarterly dividend on Tuesday, February 19th. Stockholders of record on Wednesday, March 13th will be given a dividend of $2.00 per share on Thursday, March 28th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Tuesday, March 12th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) issued its earnings results on Tuesday, October, 30th. The real estate investment trust reported $1.85 earnings per share for the quarter, hitting the consensus estimate of $1.85. The real estate investment trust had revenue of $706.37 million for the quarter, compared to analyst estimates of $704.51 million. Public Storage had a return on equity of 34.56% and a net margin of 62.12%. During the same quarter in the previous year, the company earned $1.61 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 Wednesday, May 1st 2019. View Earnings Estimates for Public Storage.

How can I listen to Public Storage's earnings call?

Public Storage will be holding an earnings conference call on Thursday, May 2nd at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8664065408.

What price target have analysts set for PSA?

9 brokerages have issued 12 month target prices for Public Storage's shares. Their predictions range from $193.00 to $240.00. On average, they anticipate Public Storage's stock price to reach $211.8750 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Public Storage.

What is the consensus analysts' recommendation for Public Storage?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 5 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Public Storage.

Has Public Storage been receiving favorable news coverage?

Headlines about PSA stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Public Storage earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

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), Walt Disney (DIS), Johnson & Johnson (JNJ), PepsiCo (PEP), Starbucks (SBUX), Altria Group (MO) and Simon Property Group (SPG).

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. Lily Yan Hughes, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 56)
  • Ms. Natalia N. Johnson, Sr. VP & Chief HR Officer (Age 41)
  • 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 a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.59%), Los Angeles Capital Management & Equity Research Inc. (0.15%), Strs Ohio (0.15%), Pennsylvania Trust Co (0.11%), Pennsylvania Trust Co (0.11%) and Virginia Retirement Systems ET AL (0.08%). Company insiders that own Public Storage stock include Gary E Pruitt, John Reyes, Lily Yan Hughes, Ronald L Havner, Jr and Ronald P Spogli. 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 PGGM Investments, Los Angeles Capital Management & Equity Research Inc., Sabal Trust CO, Strs Ohio, Capital Investment Advisors LLC, Manning & Napier Group LLC, First Manhattan Co. and Virginia Retirement Systems ET AL. Company insiders that have sold Public Storage company stock in the last year include Gary E Pruitt, Lily Yan Hughes and Ronald L Havner, Jr. View Insider Buying and Selling for Public Storage.

Which institutional investors are buying Public Storage stock?

PSA stock was purchased by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, BNP Paribas Arbitrage SA, Pacer Advisors Inc., Virtu Financial LLC, Duff & Phelps Investment Management Co., DNB Asset Management AS and Nisa Investment Advisors 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, Scottrade, Fidelity and Charles Schwab.

What is Public Storage's stock price today?

One share of PSA stock can currently be purchased for approximately $216.79.

How big of a company is Public Storage?

Public Storage has a market capitalization of $37.83 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.

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:  341 (Vote Outperform)
Underperform Votes:  626 (Vote Underperform)
Total Votes:  967
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 4/26/2019 by MarketBeat.com Staff

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