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

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

Public Storage announced a dividend on Tuesday, October 29th. Shareholders of record on Friday, December 13th will be paid a dividend of $2.00 per share on Monday, December 30th. The ex-dividend date is Thursday, December 12th. View Public Storage's Dividend History.

Public Storage (NYSE:PSA) released its earnings results on Tuesday, October, 29th. The real estate investment trust reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.03. The real estate investment trust earned $729.33 million during the quarter, compared to analysts' expectations of $732.26 million. Public Storage had a net margin of 60.98% and a return on equity of 33.96%. Public Storage's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.85 earnings per share. View Public Storage's Earnings History.

Public Storage is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Public Storage.

13 Wall Street analysts have issued 12 month target prices for Public Storage's shares. Their forecasts range from $200.00 to $285.00. On average, they anticipate Public Storage's stock price to reach $234.29 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for Public Storage.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 4 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Public Storage.

News headlines about PSA stock have trended neutral on Tuesday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Public Storage earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Public Storage.

Public Storage saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 5,030,000 shares, a decline of 6.2% from the January 15th total of 5,360,000 shares. Based on an average trading volume of 990,400 shares, the days-to-cover ratio is currently 5.1 days. Currently, 3.4% of the shares of the company are short sold. View Public Storage's Current Options Chain.

Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), EPR Properties (EPR), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) 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), Ford Motor (F), Verizon Communications (VZ), Cisco Systems (CSCO), Simon Property Group (SPG), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), Home Depot (HD) and PepsiCo (PEP).

Public Storage's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (5.99%), Cohen & Steers Inc. (2.85%), Geode Capital Management LLC (1.82%), Massachusetts Financial Services Co. MA (1.53%), Charles Schwab Investment Management Inc. (1.11%) and Capital World Investors (0.93%). 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 State Street Corp, Goldman Sachs Group Inc., Capital World Investors, Daiwa Securities Group Inc., Credit Suisse AG, PGGM Investments, Massachusetts Financial Services Co. MA and Mackay Shields LLC. View Insider Buying and Selling for Public Storage.

PSA stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Man Group plc, Geode Capital Management LLC, FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., First Trust Advisors LP and Pinebridge Investments L.P.. View Insider Buying and Selling 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 $226.47.

Public Storage has a market capitalization of $39.56 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.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.