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BA   187.94 (+4.43%)
S&P 500   0.63 (+2.44%)
DOW   0.63 (+2.44%)
BA   187.94 (+4.43%)
S&P 500   0.63 (+2.44%)
DOW   0.63 (+2.44%)
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NYSE:PSAPublic Storage Stock Price, Forecast & News

$193.84
+0.95 (+0.49 %)
(As of 07/15/2020 04:00 PM ET)
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Today's Range
$192.95
Now: $193.84
$196.92
50-Day Range
$186.47
MA: $197.17
$211.37
52-Week Range
$155.37
Now: $193.84
$266.76
Volume588,700 shs
Average Volume1.15 million shs
Market Capitalization$33.88 billion
P/E Ratio26.37
Dividend Yield4.13%
Beta0.12
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.8Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


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$2.85 billion
Cash Flow$11.66 per share
Book Value$28.75 per share

Profitability

Net Income$1.52 billion

Miscellaneous

Employees5,900
Market Cap$33.88 billion
Next Earnings Date8/5/2020 (Confirmed)
OptionableOptionable

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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. Since then, PSA stock has decreased by 12.1% and is now trading at $193.84. 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, 5 hold ratings and 2 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 Wednesday, August 5th 2020. View our earnings forecast for Public Storage.

How can I listen to Public Storage's earnings call?

Public Storage will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.08. The real estate investment trust had revenue of $716.08 million for the quarter, compared to analysts' expectations of $710 million. Public Storage had a net margin of 52.93% and a return on equity of 30.33%. Public Storage's revenue was up 3.9% on a year-over-year basis. During the same period last year, the business earned $1.73 EPS. View Public Storage's earnings history.

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

Public Storage announced a quarterly dividend on Monday, May 4th. Investors of record on Monday, June 15th will be given a dividend of $2.00 per share on Tuesday, June 30th. This represents a $8.00 annualized dividend and a yield of 4.13%. 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 12 month target prices for Public Storage's stock. Their forecasts range from $175.00 to $267.00. On average, they anticipate Public Storage's stock price to reach $218.85 in the next twelve months. This suggests a possible upside of 12.9% 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 trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news 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 news impact score of -4.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Public Storage.

Are investors shorting Public Storage?

Public Storage saw a drop in short interest in June. As of June 30th, there was short interest totaling 4,780,000 shares, a drop of 7.7% from the June 15th total of 5,180,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 3.2% of the company's shares are sold short. View Public Storage's Current Options Chain.

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), 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 a variety of institutional and retail investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.11%), State of Alaska Department of Revenue (0.06%), Manning & Napier Group LLC (0.02%), Envestnet Asset Management Inc. (0.02%), Gofen & Glossberg LLC IL (0.02%) and Pensionfund DSM Netherlands (0.01%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, Gary E Pruitt, Lily Yan Hughes, Nathaniel A Vitan 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 MERIAN GLOBAL INVESTORS UK Ltd, Manning & Napier Group LLC, IFM Investors Pty Ltd, Weather Gauge Advisory LLC, Legacy Capital Partners Inc., Carnegie Capital Asset Management LLC, Loudon Investment Management LLC, and Bangor Savings Bank. Company insiders that have sold Public Storage company stock in the last year include B Wayne Et Al Hughes, and Nathaniel A Vitan. View insider buying and selling activity 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 Cox Capital Mgt LLC, State of Alaska Department of Revenue, Diversified Trust Co, Forte Capital LLC ADV, Envestnet Asset Management Inc., Pensionfund DSM Netherlands, Johanson Financial Advisors Inc., and DNB Asset Management AS. 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 $193.84.

How big of a company is Public Storage?

Public Storage has a market capitalization of $33.88 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 7/15/2020 by MarketBeat.com Staff

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