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S&P 500   4,057.84
DOW   32,637.19
QQQ   299.33
S&P 500   4,057.84
DOW   32,637.19
QQQ   299.33
S&P 500   4,057.84
DOW   32,637.19
QQQ   299.33
S&P 500   4,057.84
DOW   32,637.19
QQQ   299.33
NYSE:PSA

Public Storage (PSA) Stock Forecast, Price & News

$325.90
+1.03 (+0.32%)
(As of 05/26/2022 12:00 AM ET)
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Today's Range
$324.81
$328.97
50-Day Range
$306.90
$419.90
52-Week Range
$277.10
$421.76
Volume
574,675 shs
Average Volume
759,101 shs
Market Capitalization
$57.18 billion
P/E Ratio
31.67
Dividend Yield
2.46%
Beta
0.28
30 days | 90 days | 365 days | Advanced Chart
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Public Storage logo

About Public Storage

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 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 September 30, 2020. Our headquarters are located in Glendale, California.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
74460D10
Employees
5,800
Year Founded
1972

Sales & Book Value

Annual Sales
$3.42 billion
Cash Flow
$16.02 per share
Book Value
$30.60 per share

Profitability

Net Income
$1.95 billion
Pretax Margin
46.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
156,161,000
Market Cap
$57.18 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
3/15/2022
Dividend Payable
3/31/2022
Last Earnings
5/03/2022
Today
5/27/2022
Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.20 out of 5 stars

Finance Sector

616th out of 1,381 stocks

Real Estate Investment Trusts Industry

128th out of 235 stocks

Analyst Opinion: 1.3Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -













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 year. There are currently 1 sell rating, 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Public Storage stock.
View analyst ratings for Public Storage
or view top-rated stocks.

When is Public Storage's next earnings date?

Public Storage is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Public Storage
.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) issued its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $2.63 earnings per share for the quarter, missing the consensus estimate of $3.59 by $0.96. The real estate investment trust earned $749.27 million during the quarter, compared to analysts' expectations of $985.58 million. Public Storage had a trailing twelve-month return on equity of 38.01% and a net margin of 54.79%. The business's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.82 earnings per share.
View Public Storage's earnings history
.

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

Public Storage declared a quarterly dividend on Thursday, May 5th. Stockholders of record on Wednesday, June 15th will be paid a dividend of $2.00 per share on Thursday, June 30th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Tuesday, June 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 2.46%. The dividend payout ratio of Public Storage is 77.75%. 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 47.90% 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 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $14.75-$15.65 for the period. The company issued revenue guidance of -.

What price target have analysts set for PSA?

13 Wall Street analysts have issued 1-year target prices for Public Storage's stock. Their forecasts range from $228.00 to $440.00. On average, they expect Public Storage's stock price to reach $358.46 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
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 62, Pay $2.21M)
  • Mr. H. Thomas Boyle III, Sr. VP & CFO (Age 39, Pay $1.52M)
  • Ms. Natalia N. Johnson, Sr. VP & Chief Admin. Officer (Age 44, Pay $1.09M)
  • Mr. Nathaniel A. Vitan, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 48, Pay $904.1k) (LinkedIn Profile)
  • Mr. David Lee CFE, Chief Operating Officer
  • Mr. Michael Braine, Chief Technology Officer
  • Mr. Ryan C. Burke, VP of Investor Relations
  • David Collins, Head of Marketing & VP
  • Mr. John M. Sambuco, Pres of Asset Management
  • Mr. Steven H. Lentin, Exec. VP of Operations
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.

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.60%), BlackRock Inc. (9.52%), Cohen & Steers Inc. (6.82%), State Street Corp (6.65%), Wellington Management Group LLP (2.30%) and JPMorgan Chase & Co. (1.59%). Company insiders that own Public Storage stock include Heisz Leslie Stone, John Reyes, Nathaniel A Vitan, Nathaniel A Vitan, Rebecca L Owen, 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 Lazard Asset Management LLC, BlackRock Inc., Cohen & Steers Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Northern Trust Corp, and Bank of Montreal Can. Company insiders that have sold Public Storage company stock in the last year include Heisz Leslie Stone, John Reyes, Nathaniel A Vitan, and Rebecca L Owen.
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 acquired by a variety of institutional investors in the last quarter, including State Street Corp, JPMorgan Chase & Co., Russell Investments Group Ltd., Vanguard Group Inc., American Century Companies Inc., Virginia Retirement Systems ET AL, Panagora Asset Management Inc., and Principal Financial Group Inc.. 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 $325.90.

How much money does Public Storage make?

Public Storage has a market capitalization of $57.18 billion and generates $3.42 billion in revenue each year. The real estate investment trust earns $1.95 billion in net income (profit) each year or $10.289990 on an earnings per share basis.

How many employees does Public Storage have?

Public Storage employs 5,800 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.

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.

This page was last updated on 5/27/2022 by MarketBeat.com Staff

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