NYSE:PSAPublic Storage Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Public Storage Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $202.74 +1.55 (+0.77 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$198.15Now: $202.74▼$204.1350-Day Range$175.97MA: $189.58▼$208.5952-Week Range$155.37Now: $202.74▼$266.76Volume1.14 million shsAverage Volume955,489 shsMarket Capitalization$35.44 billionP/E Ratio27.58Dividend Yield3.98%Beta0.1 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.9 Analyst's Opinion Consensus RatingPublic Storage has received a consensus rating of Hold. The company's average rating score is 1.77, and is based on 3 buy ratings, 4 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $219.90, Public Storage has a potential upside of 8.5% from its current price of $202.74.Amount of Analyst CoveragePublic Storage has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.8 Community Rank Outperform VotesPublic Storage has received 409 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPublic Storage has received 712 “underperform” votes. (Add your “underperform” vote.)Community SentimentPublic Storage has received 63.51% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipPublic Storage is a leading dividend payer. It pays a dividend yield of 3.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPublic Storage does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Public Storage is 74.42 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Public Storage will have a dividend payout ratio of 75.12 % in the coming year. This indicates that Public Storage may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Public Storage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 13.78% of the stock of Public Storage is held by insiders.Percentage Held by Institutions79.68% of the stock of Public Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Public Storage are expected to grow by 1.43% in the coming year, from $10.50 to $10.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Storage is 27.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Storage is 27.58, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.99.Price to Earnings Growth RatioPublic Storage has a PEG Ratio of 5.37. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPublic Storage has a P/B Ratio of 7.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.9Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.56 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:PSA Previous Symbol CUSIP74460D10 CIK1393311 Webwww.publicstorage.com Phone818-244-8080Debt Debt-to-Equity Ratio0.49 Current Ratio2.01 Quick Ratio2.01Price-To-Earnings Trailing P/E Ratio27.58 Forward P/E Ratio19.31 P/E Growth5.37 Sales & Book Value Annual Sales$2.85 billion Price / Sales12.45 Cash Flow$11.75 per share Price / Cash Flow17.26 Book Value$28.41 per share Price / Book7.14Profitability EPS (Most Recent Fiscal Year)$10.75 Net Income$1.52 billion Net Margins52.93% Return on Equity30.33% Return on Assets13.31%Miscellaneous Employees5,900 Outstanding Shares174,790,000Market Cap$35.44 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable PSA Rates by TradingView Receive PSA News and Ratings via Email Sign-up to receive the latest news and ratings for PSA and its competitors with MarketBeat's FREE daily newsletter. Public Storage (NYSE:PSA) Frequently Asked Questions How has Public Storage's stock been impacted by COVID-19 (Coronavirus)? 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 decreased by 8.0% and is now trading at $202.74. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Public Storage? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 6 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Public Storage. When is Public Storage's next earnings date? Public Storage is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Public Storage. How were Public Storage's earnings last quarter? Public Storage (NYSE:PSA) released its quarterly earnings data on Thursday, April, 30th. The real estate investment trust reported $1.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.71 by $0.08. The real estate investment trust earned $716.08 million during the quarter, compared to analyst estimates of $710 million. Public Storage had a return on equity of 30.33% and a net margin of 52.93%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the business posted $1.73 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 Monday, May 4th. Stockholders of record on Monday, June 15th will be paid a dividend of $2.00 per share on Tuesday, June 30th. This represents a $8.00 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date is Friday, June 12th. View Public Storage's dividend history. What price target have analysts set for PSA? 13 brokerages have issued 1 year price objectives for Public Storage's stock. Their forecasts range from $159.00 to $267.00. On average, they expect Public Storage's share price to reach $219.90 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for Public Storage. Has Public Storage been receiving favorable news coverage? News coverage about PSA stock has been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie 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 negative five to five, with scores closest to five being the most favorable. Public Storage earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutPublic Storage. Are investors shorting Public Storage? Public Storage saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,540,000 shares, an increase of 20.1% from the April 30th total of 3,780,000 shares. Based on an average trading volume of 1,350,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 3.0% of the company's shares are sold short. View Public Storage's Current Options Chain. Who are some of Public Storage's key competitors? Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all 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), Ford Motor (F), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AbbVie (ABBV), Simon Property Group (SPG), Walt Disney (DIS), Intel (INTC) and Coca-Cola (KO). 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 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) 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.51%), State Street Corp (6.04%), Cohen & Steers Inc. (4.54%), Wellington Management Group LLP (3.45%), JPMorgan Chase & Co. (2.22%) and APG Asset Management US Inc. (2.04%). 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. Which major investors are selling Public Storage stock? PSA stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Everett Harris & Co. CA, Principal Financial Group Inc., UBS Group AG, APG Asset Management N.V., Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, and Centersquare Investment Management LLC. View insider buying and selling activity for Public Storage. Which major investors are buying Public Storage stock? PSA stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Sumitomo Mitsui Trust Holdings Inc., Capital International Investors, JPMorgan Chase & Co., Canada Pension Plan Investment Board, BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, and Cbre Clarion Securities LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Public Storage's stock price today? One share of PSA stock can currently be purchased for approximately $202.74. How big of a company is Public Storage? Public Storage has a market capitalization of $35.44 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. 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. This page was last updated on 5/30/2020 by MarketBeat.com Staff
