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

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$222.12 +0.10 (+0.05 %)
(As of 03/25/2019 06:08 AM ET)
Previous Close$222.02
Today's Range$222.0150 - $226.06
52-Week Range$192.02 - $234.90
Volume1.20 million shs
Average Volume1.10 million shs
Market Capitalization$38.76 billion
P/E Ratio21.03
Dividend Yield3.60%
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$12.6061 per share
Book Value$29.40 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$38.76 billion
Next Earnings Date4/24/2019 (Estimated)
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 declared a quarterly dividend on Tuesday, February 19th. Investors 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 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Tuesday, March 12th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) released its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported $1.85 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.85. The real estate investment trust earned $706.37 million during the quarter, compared to the consensus estimate of $704.51 million. Public Storage had a net margin of 62.12% and a return on equity of 34.56%. During the same period in the previous year, the firm posted $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, April 24th 2019. View Earnings Estimates for Public Storage.

What price target have analysts set for PSA?

9 analysts have issued 12 month price targets for Public Storage's shares. Their predictions range from $175.00 to $250.00. On average, they anticipate Public Storage's stock price to reach $209.50 in the next year. This suggests that the stock has a possible downside of 5.7%. 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?

News coverage about PSA stock has been trending neutral this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Public Storage earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect 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 AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Walt Disney (DIS), PepsiCo (PEP), Johnson & Johnson (JNJ), Home Depot (HD), Starbucks (SBUX), Simon Property Group (SPG) and Mcdonald's (MCD).

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)
  • Mr. B. Wayne Hughes Sr., Founder & Chairman Emeritus (Age 85)
  • Mr. H. Thomas Boyle III, CFO & Sr. VP (Age 36)
  • Mr. Steven Lentin, VP & COO

Who are Public Storage's major shareholders?

Public Storage's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.17%), Oregon Public Employees Retirement Fund (4.12%), FMR LLC (2.41%), Geode Capital Management LLC (1.41%), Massachusetts Financial Services Co. MA (1.34%) and Dimensional Fund Advisors LP (1.34%). 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 FMR LLC, Raymond James & Associates, Bank of America Corp DE, Lasalle Investment Management Securities LLC, Aviva PLC, Northern Trust Corp, Epoch Investment Partners Inc. and Amundi Pioneer Asset Management Inc.. 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 Oregon Public Employees Retirement Fund, Cohen & Steers Inc., Norges Bank, Victory Capital Management Inc., APG Asset Management N.V., Daiwa Securities Group Inc., Los Angeles Capital Management & Equity Research Inc. and Bessemer Group Inc.. 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 $222.12.

How big of a company is Public Storage?

Public Storage has a market capitalization of $38.76 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:  337 (Vote Outperform)
Underperform Votes:  620 (Vote Underperform)
Total Votes:  957
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 3/25/2019 by MarketBeat.com Staff

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