Public Storage Stock Price, News & Analysis (NYSE:PSA)

$247.80
-2.59 (-1.03 %)
(As of 09/22/2019 08:12 AM ET)
Today's Range
$247.73
Now: $247.80
$251.93
50-Day Range
$243.45
MA: $256.23
$264.74
52-Week Range
$193.89
Now: $247.80
$266.76
Volume1.12 million shs
Average Volume912,639 shs
Market Capitalization$43.27 billion
P/E Ratio23.47
Dividend Yield3.19%
Beta0.14
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. Read More…

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$12.4711 per share
Book Value$29.40 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$43.27 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 Wednesday, July 24th. Stockholders of record on Thursday, September 12th will be given a dividend of $2.00 per share on Friday, September 27th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Wednesday, September 11th. View Public Storage's Dividend History.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) posted its quarterly earnings results on Tuesday, July, 30th. The real estate investment trust reported $1.76 earnings per share for the quarter, missing the consensus estimate of $2.63 by $0.87. The real estate investment trust had revenue of $710.95 million for the quarter, compared to analyst estimates of $702.70 million. Public Storage had a return on equity of 33.78% and a net margin of 60.77%. The business's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.57 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 Tuesday, October 29th 2019. View Earnings Estimates for Public Storage.

What price target have analysts set for PSA?

10 equities research analysts have issued 1-year price objectives for Public Storage's stock. Their forecasts range from $201.00 to $290.00. On average, they expect Public Storage's stock price to reach $244.4720 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Public Storage.

What is the consensus analysts' recommendation for Public Storage?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings 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 been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Public Storage earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Public Storage.

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), Cisco Systems (CSCO), Walt Disney (DIS), Simon Property Group (SPG), PepsiCo (PEP), Intel (INTC), NVIDIA (NVDA) and Alibaba Group (BABA).

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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.52%), BlackRock Inc. (9.13%), BlackRock Inc. (9.13%), Cohen & Steers Inc. (4.61%), APG Asset Management US Inc. (2.31%) and JPMorgan Chase & Co. (2.28%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, Gary E Pruitt, John Reyes, Lily Yan Hughes and Ronald L Havner, Jr. 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 PGGM Investments, APG Asset Management US Inc., Renaissance Technologies LLC, BlackRock Inc., BlackRock Inc., Brookfield Asset Management Inc., Bank of New York Mellon Corp and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Public Storage company stock in the last year include B Wayne Et Al Hughes, Gary E Pruitt and Lily Yan Hughes. View Insider Buying and Selling for Public Storage.

Which institutional investors are buying Public Storage stock?

PSA stock was acquired by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, JPMorgan Chase & Co., Daiwa Securities Group Inc., Heitman Real Estate Securities LLC, Bank of America Corp DE and Russell Investments Group Ltd.. 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, Robinhood, Fidelity and Charles Schwab.

What is Public Storage's stock price today?

One share of PSA stock can currently be purchased for approximately $247.80.

How big of a company is Public Storage?

Public Storage has a market capitalization of $43.27 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.

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:  364 (Vote Outperform)
Underperform Votes:  657 (Vote Underperform)
Total Votes:  1,021
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 9/22/2019 by MarketBeat.com Staff

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