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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:PSA

Public Storage Stock Forecast, Price & News

$235.05
+3.70 (+1.60 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$229.50
Now: $235.05
$235.53
50-Day Range
$220.62
MA: $230.46
$243.36
52-Week Range
$155.37
Now: $235.05
$246.52
Volume667,872 shs
Average Volume900,901 shs
Market Capitalization$41.09 billion
P/E Ratio36.27
Dividend Yield3.47%
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 September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 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 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the ÂShurgard 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 September 30, 2020. Our headquarters are located in Glendale, California.
Public Storage logo

Headlines

Public Storage (PSA) Q4 2020 Earnings Call Transcript
February 25, 2021 |  finance.yahoo.com
Why Public Storage Is A First-Rate REIT Choice
December 31, 2020 |  seekingalpha.com
Public Storage: Self-Storage REIT With A Green Future
December 30, 2020 |  seekingalpha.com
Charts Suggest That REITs Will Be in Focus in Q1 2021
December 23, 2020 |  finance.yahoo.com
EQT Is in Talks For Stake in Storable at $2 Billion Value
December 16, 2020 |  finance.yahoo.com
Is PSA A Good Stock To Buy Now?
December 16, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP74460D10
Phone818-244-8080
Employees5,900
Year Founded1972

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.85 billion
Cash Flow$12.19 per share
Book Value$28.75 per share

Profitability

Net Income$1.52 billion

Miscellaneous

Market Cap$41.09 billion
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.54 out of 5 stars

Finance Sector

625th out of 1,940 stocks

Real Estate Investment Trusts Industry

144th out of 273 stocks

Analyst Opinion: 1.1Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$235.05
+3.70 (+1.60 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Public Storage (NYSE:PSA) Frequently Asked Questions

Is Public Storage a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Public Storage?

Wall Street analysts have given Public Storage a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Public Storage wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Public Storage's next earnings date?

Public Storage is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Public Storage
.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) issued its earnings results on Wednesday, February, 24th. The real estate investment trust reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.94 by $0.27. Public Storage had a net margin of 43.37% and a trailing twelve-month return on equity of 26.59%. During the same period last year, the firm earned $1.87 EPS.
View Public Storage's earnings history
.

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

Public Storage's stock was trading at $220.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PSA stock has increased by 6.6% and is now trading at $235.05.
View which stocks have been most impacted by COVID-19
.

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

Public Storage declared a quarterly dividend on Thursday, February 25th. Investors of record on Tuesday, March 16th will be given a dividend of $2.00 per share on Wednesday, March 31st. This represents a $8.00 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Monday, March 15th.
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 3.47%. Public Storage does not yet have a strock track record of dividend growth. The dividend payout ratio of Public Storage is 74.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Public Storage will have a dividend payout ratio of 73.53% next year. This indicates that Public Storage will be able to sustain or increase its dividend.
View Public Storage's dividend history.

What price target have analysts set for PSA?

11 brokers have issued 1 year price objectives for Public Storage's stock. Their forecasts range from $195.00 to $267.00. On average, they anticipate Public Storage's share price to reach $225.33 in the next year. This suggests that the stock has a possible downside of 4.1%.
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:
  • Mr. Joseph D. Russell Jr., CEO, Pres & Trustee (Age 61, Pay $1.42M)
  • Mr. H. Thomas Boyle III, CFO & Sr. VP (Age 38, Pay $1.11M)
  • Ms. Natalia N. Johnson, Sr. VP & Chief Admin. Officer (Age 42, Pay $811.2k)
  • Mr. Nathaniel A. Vitan, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 47, Pay $839.82k)
  • Mr. B. Wayne Hughes Sr., Founder & Chairman Emeritus (Age 87)
  • Mark A. Delcher, Sr. VP & Chief Information Officer
  • Mr. Ryan C. Burke, VP of Investor Services
  • Mr. John M. Sambuco, Pres of Asset Management
  • Mr. Steven H. Lentin, Exec. VP of Operations
  • Mr. Michael K. McGowan, Sr. VP of Acquisitions

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?

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), The Procter & Gamble (PG), Walmart (WMT), Ford Motor (F) and The 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.86%), JPMorgan Chase & Co. (2.07%), Daiwa Securities Group Inc. (1.50%), Northern Trust Corp (1.45%), Dimensional Fund Advisors LP (1.31%) and Lazard Asset Management LLC (0.99%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, 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 Victory Capital Management Inc., JPMorgan Chase & Co., Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Renaissance Technologies LLC, Prudential PLC, Bessemer Group Inc., and Janus Henderson Group PLC. Company insiders that have sold Public Storage company stock in the last year include Nathaniel A Vitan, and Uri P Harkham.
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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, Canada Pension Plan Investment Board, First Trust Advisors LP, Resolution Capital Ltd, Healthcare of Ontario Pension Plan Trust Fund, UBS Asset Management Americas Inc., BlackRock Inc., and Land & Buildings Investment Management LLC. 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 $235.05.

How much money does Public Storage make?

Public Storage has a market capitalization of $41.09 billion and generates $2.85 billion in revenue each year. The real estate investment trust earns $1.52 billion in net income (profit) each year or $10.75 on an earnings per share basis.

How many employees does Public Storage have?

Public Storage employs 5,900 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.


This page was last updated on 3/7/2021 by MarketBeat.com Staff

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