S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:PSA

Public Storage Stock Forecast, Price & News

$335.34
+0.35 (+0.10%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$331.40
$337.24
50-Day Range
$295.26
$337.71
52-Week Range
$212.22
$340.95
Volume
623,736 shs
Average Volume
721,164 shs
Market Capitalization
$58.80 billion
P/E Ratio
40.06
Dividend Yield
2.39%
Beta
0.18
30 days | 90 days | 365 days | Advanced Chart
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Public Storage logo

About Public Storage

Public Storage operates as a real estate investment trust. The firm engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self-storage Operations, Ancillary Operations, Investment in PS Business Parks and Investment in Shurgard. The Self-storage Operations segment reflects the rental operations from all self-storage facilities. The Ancillary Operations segment deals with the sale of merchandise and reinsurance of policies against losses to goods stored by self-storage tenants, activities which are incidental to the primary self-storage rental activities. The Investment in PS Business Parks segment includes commercial properties, primarily multi-tenant flex, office, and industrial parks. The Investment in Shurgard segment owns self-storage facilities located in seven countries in Western Europe operated under the Shurgard brand name. The company was founded by Bradley Wayne Hughes, Sr. and Kenneth Q. Volk, Jr. in 1972 and is headquartered in Glendale, CA.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
74460D10
Employees
5,400
Year Founded
1972

Sales & Book Value

Annual Sales
$2.92 billion
Cash Flow
$11.15 per share
Book Value
$28.64 per share

Profitability

Net Income
$1.36 billion
Pretax Margin
47.81%

Debt

Price-To-Earnings

Miscellaneous

Free Float
156,294,000
Market Cap
$58.80 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
9/30/2021
Last Earnings
11/01/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

Social Links


MarketRank

Overall MarketRank

2.21 out of 5 stars

Finance Sector

532nd out of 1,333 stocks

Real Estate Investment Trusts Industry

126th out of 223 stocks

Analyst Opinion: 2.2Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Public Storage (NYSE:PSA) Frequently Asked Questions

Is Public Storage a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Public Storage stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSA, but not buy additional shares or sell existing shares.
View analyst ratings for Public Storage
or view top-rated stocks.

How has Public Storage's stock price been impacted by Coronavirus?

Public Storage's stock was trading at $220.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PSA shares have increased by 52.1% and is now trading at $335.34.
View which stocks have been most impacted by COVID-19
.

When is Public Storage's next earnings date?

Public Storage is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Public Storage
.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) posted its earnings results on Monday, November, 1st. The real estate investment trust reported $2.52 earnings per share for the quarter, missing analysts' consensus estimates of $3.23 by $0.71. The real estate investment trust earned $716.05 million during the quarter, compared to analysts' expectations of $858.76 million. Public Storage had a trailing twelve-month return on equity of 34.52% and a net margin of 52.00%. The company's quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.63 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 announced a quarterly dividend on Wednesday, November 3rd. Investors of record on Wednesday, December 15th will be given a dividend of $2.00 per share on Thursday, December 30th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Tuesday, December 14th.
View Public Storage's dividend history
.

Is Public Storage a good dividend stock?

Public Storage pays an annual dividend of $8.00 per share and currently has a dividend yield of 2.39%. The dividend payout ratio of Public Storage is 95.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Public Storage will have a dividend payout ratio of 58.61% next year. This indicates that Public Storage will be able to sustain or increase its dividend.
View Public Storage's dividend history.

What guidance has Public Storage issued on next quarter's earnings?

Public Storage updated its FY 2021 earnings guidance on Monday, November, 8th. The company provided earnings per share guidance of $12.500-$12.800 for the period. The company issued revenue guidance of -.

What price target have analysts set for PSA?

13 Wall Street analysts have issued 1-year price objectives for Public Storage's stock. Their forecasts range from $228.00 to $375.00. On average, they anticipate Public Storage's stock price to reach $326.42 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Public Storage
or view top-rated stocks among Wall Street analysts.

Who are Public Storage's key executives?

Public Storage's management team includes the following people:
  • Joseph D. Russell, President, Chief Executive Officer & Trustee
  • David Lee, Chief Operating Officer
  • H. Thomas Boyle, Chief Financial Officer & Senior Vice President
  • Nathaniel A. Vitan, Secretary, Chief Legal Officer & Senior VP (LinkedIn Profile)
  • Natalia N. Johnson, SVP, Chief Human Resource & Administrative Officer

What is Ronald L. Havner Jr.'s approval rating as Public Storage's CEO?

736 employees have rated Public Storage CEO Ronald L. Havner Jr. on Glassdoor.com. Ronald L. Havner Jr. has an approval rating of 66% among Public Storage's employees.

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), Johnson & Johnson (JNJ), Intel (INTC), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), Ford Motor (F) and Walt Disney (DIS).

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.58%), Cohen & Steers Inc. (6.85%), Wellington Management Group LLP (2.72%), Geode Capital Management LLC (1.78%), Dimensional Fund Advisors LP (1.28%) and Daiwa Securities Group Inc. (1.19%). Company insiders that own Public Storage stock include Heisz Leslie Stone, John Reyes, Nathaniel A Vitan, Ronald L Havner Jr, Tamara Hughes Gustavson and Uri P Harkham.
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 Wellington Management Group LLP, Daiwa Securities Group Inc., Uniplan Investment Counsel Inc., BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Credit Suisse AG, Morgan Stanley, and Janus Henderson Group PLC. Company insiders that have sold Public Storage company stock in the last year include Heisz Leslie Stone, John Reyes, and Nathaniel A Vitan.
View insider buying and selling activity for Public Storage
or view top insider-selling stocks.

Which institutional investors are buying Public Storage stock?

PSA stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, PGGM Investments, Caisse DE Depot ET Placement DU Quebec, Renaissance Technologies LLC, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Jupiter Asset Management Ltd., and Robeco Institutional Asset Management B.V.. Company insiders that have bought Public Storage stock in the last two years include Ronald L Havner Jr, and Tamara Hughes Gustavson.
View insider buying and selling activity for Public Storage
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Public Storage's stock price today?

One share of PSA stock can currently be purchased for approximately $335.34.

How much money does Public Storage make?

Public Storage has a market capitalization of $58.80 billion and generates $2.92 billion in revenue each year. The real estate investment trust earns $1.36 billion in net income (profit) each year or $8.37 on an earnings per share basis.

How many employees does Public Storage have?

Public Storage employs 5,400 workers across the globe.

When was Public Storage founded?

Public Storage was founded in 1972.

What is Public Storage's official website?

The official website for Public Storage is www.publicstorage.com.

Where are Public Storage's headquarters?

Public Storage is headquartered at 701 WESTERN AVENUE, GLENDALE CA, 91201.

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 or via fax at 818-244-9530.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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