NYSE:PSAPublic Storage Stock Price, Forecast & News

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. Since then, PSA shares have decreased by 12.0% and is now trading at $194.08. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 5 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Public Storage.

Public Storage is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Public Storage.

Public Storage (NYSE:PSA) released its quarterly earnings data on Tuesday, February, 25th. The real estate investment trust reported $1.87 EPS for the quarter, missing the Zacks' consensus estimate of $2.86 by $0.99. The real estate investment trust earned $717.50 million during the quarter, compared to analyst estimates of $723.13 million. Public Storage had a net margin of 53.41% and a return on equity of 30.16%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.17 EPS. View Public Storage's earnings history.

Public Storage declared a quarterly dividend on Thursday, February 27th. Stockholders of record on Monday, March 16th will be given a dividend of $2.00 per share on Tuesday, March 31st. This represents a $8.00 annualized dividend and a yield of 4.12%. The ex-dividend date is Friday, March 13th. View Public Storage's dividend history.

14 equities research analysts have issued 1-year price objectives for Public Storage's stock. Their forecasts range from $148.00 to $267.00. On average, they expect Public Storage's stock price to reach $222.98 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View analysts' price targets for Public Storage.

Headlines about PSA stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Public Storage earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPublic Storage.

Public Storage saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 6,211,300 shares, a decrease of 8.7% from the February 27th total of 6,800,000 shares. Based on an average daily volume of 1,040,000 shares, the short-interest ratio is currently 6.0 days. Approximately 4.2% of the company's stock are sold short. View Public Storage's Current Options Chain.

Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Extra Space Storage (EXR), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Potlatchdeltic (PCH) 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), Verizon Communications (VZ), Ford Motor (F), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Simon Property Group (SPG), PepsiCo (PEP), AbbVie (ABBV), Walt Disney (DIS) and Exxon Mobil (XOM).

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

Public Storage's stock is owned by many different institutional and retail investors. Top institutional investors include Pensionfund Sabic (0.01%) and Private Asset Management Inc. (0.00%). 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 Private Asset Management Inc.. View insider buying and selling activity for Public Storage.

PSA stock was bought by a variety of institutional investors in the last quarter, including Pensionfund Sabic. View insider buying and selling activity 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 $194.08.

Public Storage has a market capitalization of $33.92 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. Public Storage employs 5,900 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.