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 declared a dividend on Tuesday, October 29th. Investors 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.

Public Storage (NYSE:PSA) released its quarterly earnings results on Tuesday, October, 29th. The real estate investment trust reported $1.93 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.90 by $0.03. The real estate investment trust had revenue of $729.33 million for 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 company's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.85 EPS. 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.

12 brokerages have issued 12-month price targets for Public Storage's stock. Their forecasts range from $200.00 to $285.00. On average, they expect Public Storage's share price to reach $236.73 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets 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.

Press coverage about PSA stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Public Storage earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Public Storage.

Public Storage saw a decrease in short interest in December. As of December 31st, there was short interest totalling 5,360,000 shares, a decrease of 5.5% from the December 15th total of 5,670,000 shares. Based on an average daily trading volume, of 990,100 shares, the days-to-cover ratio is presently 5.4 days. Currently, 3.6% of the shares of the stock are short sold. View Public Storage's Current Options Chain.

Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) 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), Home Depot (HD), Walt Disney (DIS), Johnson & Johnson (JNJ), PepsiCo (PEP) and Mcdonald's (MCD).

Public Storage's stock is owned by many different 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%), Zurcher Kantonalbank Zurich Cantonalbank (0.04%), Gradient Investments LLC (0.03%) and Calamos Advisors 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.

PSA stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Manning & Napier Group LLC, Wealthfront Advisers LLC, IFM Investors Pty Ltd and Raymond James Trust N.A.. View Insider Buying and Selling for Public Storage.

PSA stock was bought 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.

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 $220.99.

Public Storage has a market capitalization of $38.60 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.