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

$220.75
+0.73 (+0.33 %)
(As of 01/21/2020 01:08 AM ET)
Today's Range
$219.00
Now: $220.75
$221.05
50-Day Range
$204.34
MA: $212.66
$220.75
52-Week Range
$198.42
Now: $220.75
$266.76
Volume996,096 shs
Average Volume803,904 shs
Market Capitalization$38.56 billion
P/E Ratio26.09
Dividend Yield3.62%
Beta0.04
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$12.61 per share
Book Value$29.40 per share

Profitability

Net Income$1.71 billion

Miscellaneous

Employees5,600
Market Cap$38.56 billion
Next Earnings Date2/25/2020 (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 declared a dividend on Tuesday, October 29th. Stockholders of record on Friday, December 13th will be given 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.

How were Public Storage's earnings last quarter?

Public Storage (NYSE:PSA) posted its quarterly earnings results on Tuesday, October, 29th. The real estate investment trust reported $1.93 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.90 by $0.03. The real estate investment trust earned $729.33 million during the quarter, compared to analyst estimates of $732.26 million. Public Storage had a return on equity of 33.96% and a net margin of 60.98%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.85 EPS. 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, February 25th 2020. View Earnings Estimates for Public Storage.

What price target have analysts set for PSA?

12 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 share price to reach $236.73 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Public Storage.

What is the consensus analysts' recommendation for Public Storage?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 3 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.

Has Public Storage been receiving favorable news coverage?

News coverage about PSA stock has trended extremely negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -5.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Public Storage.

Are investors shorting Public Storage?

Public Storage saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 5,360,000 shares, a decline of 5.5% from the December 15th total of 5,670,000 shares. Based on an average daily volume of 990,100 shares, the days-to-cover ratio is currently 5.4 days. Approximately 3.6% of the shares of the stock are short sold. 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), Simon Property Group (SPG), Home Depot (HD), Walt Disney (DIS), Johnson & Johnson (JNJ), PepsiCo (PEP) and Mcdonald's (MCD).

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 institutional and retail investors. Top institutional investors include PGGM Investments (0.12%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.05%), Gradient Investments LLC (0.03%), Calamos Advisors LLC (0.02%) and Manning & Napier Group LLC (0.02%). 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 PGGM Investments, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Manning & Napier Group LLC, IFM Investors Pty Ltd, Raymond James Trust N.A., Calamos Advisors LLC and Gateway Investment Advisers LLC. View Insider Buying and Selling for Public Storage.

Which major investors are buying Public Storage stock?

PSA stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, State of Alaska Department of Revenue, Creative Financial Designs Inc. ADV, Trinity Legacy Partners LLC, DNB Asset Management AS, Merit Financial Group LLC, Alpine Global Management LLC and AE Wealth Management LLC. 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 $220.75.

How big of a company is Public Storage?

Public Storage has a market capitalization of $38.56 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.

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:  388 (Vote Outperform)
Underperform Votes:  684 (Vote Underperform)
Total Votes:  1,072
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 1/21/2020 by MarketBeat.com Staff

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