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. 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.

Public Storage (NYSE:PSA) posted its 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 had revenue of $729.33 million for the quarter, compared to analyst estimates of $732.26 million. Public Storage had a net margin of 60.98% and a return on equity of 33.96%. The business's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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.

Public Storage will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 equities research analysts have issued 1 year price targets 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 $234.29 in the next twelve months. This suggests a possible upside of 3.8% 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.

Media headlines about PSA stock have trended negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Public Storage earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media 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.

Public Storage saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 5,030,000 shares, a decrease 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 company's shares are sold short. 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), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), 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), Intel (INTC), Walt Disney (DIS), Home Depot (HD) and PepsiCo (PEP).

Public Storage's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 $225.66.

Public Storage has a market capitalization of $39.42 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.