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

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$230.93 +0.39 (+0.17 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$230.54
Today's Range$229.78 - $231.88
52-Week Range$193.89 - $234.90
Volume334,172 shs
Average Volume867,945 shs
Market Capitalization$40.30 billion
P/E Ratio21.87
Dividend Yield3.47%
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. At March 31, 2019, we had: (i) interests in 2,444 self-storage facilities located in 38 states with approximately 164 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 231 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 March 31, 2019. Our headquarters are located in Glendale, California.

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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$12.6468 per share
Book Value$29.05 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$40.30 billion
Next Earnings Date8/7/2019 (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 announced a quarterly dividend on Thursday, May 2nd. Investors of record on Wednesday, June 12th will be paid a dividend of $2.00 per share on Thursday, June 27th. This represents a $8.00 annualized dividend and a yield of 3.46%. The ex-dividend date is Tuesday, June 11th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) issued its quarterly earnings results on Wednesday, May, 1st. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.52 by $0.79. The real estate investment trust earned $689 million during the quarter, compared to the consensus estimate of $685.75 million. Public Storage had a return on equity of 34.73% and a net margin of 62.54%. Public Storage's revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.48 earnings per share. 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, August 7th 2019. View Earnings Estimates for Public Storage.

What price target have analysts set for PSA?

9 equities research analysts have issued 12 month price objectives for Public Storage's stock. Their forecasts range from $193.00 to $240.00. On average, they anticipate Public Storage's share price to reach $211.8750 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. 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 trended somewhat negative on Tuesday, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. 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 coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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), PepsiCo (PEP), Walt Disney (DIS), Simon Property Group (SPG), Cisco Systems (CSCO), Mcdonald's (MCD), Johnson & Johnson (JNJ) and Gilead Sciences (GILD).

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. Natalia N. Johnson, Sr. VP & Chief HR Officer (Age 41)
  • Ms. Lily Yan Hughes, Advisor (Age 56)
  • 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.23%), Wellington Management Group LLP (4.02%), Geode Capital Management LLC (1.53%), Dimensional Fund Advisors LP (1.34%), Northern Trust Corp (1.32%) and Daiwa Securities Group Inc. (1.04%). 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 major investors are selling Public Storage stock?

PSA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, MERIAN GLOBAL INVESTORS UK Ltd, PGGM Investments, Security Capital Research & Management Inc., Los Angeles Capital Management & Equity Research Inc., Sabal Trust CO and Teachers Insurance & Annuity Association of America. 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 major investors are buying Public Storage stock?

PSA stock was purchased by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Centersquare Investment Management LLC, Centersquare Investment Management LLC, Janus Henderson Group PLC, Geode Capital Management LLC, Pennsylvania Trust Co, Pennsylvania Trust Co and Goldman Sachs 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 $230.93.

How big of a company is Public Storage?

Public Storage has a market capitalization of $40.30 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:  344 (Vote Outperform)
Underperform Votes:  629 (Vote Underperform)
Total Votes:  973
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 5/21/2019 by MarketBeat.com Staff

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