NYSE:PSA Public Storage Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Public Storage Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $218.47 +3.83 (+1.78 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$212.48Now: $218.47▼$218.5950-Day Range$196.08MA: $210.45▼$224.7452-Week Range$155.37Now: $218.47▼$249.03Volume602,124 shsAverage Volume1.04 million shsMarket Capitalization$38.19 billionP/E Ratio31.21Dividend Yield3.73%Beta0.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. Our headquarters are located in Glendale, California.Read More Beat the Market (BTM) Rank™ 0.9 Analyst's Opinion Consensus RatingPublic Storage has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 2 buy ratings, 5 hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $218.92, Public Storage has a forecasted upside of 0.2% from its current price of $218.47.Amount of Analyst CoveragePublic Storage has only been the subject of 3 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesPublic Storage has received 410 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPublic Storage has received 720 “underperform” votes. (Add your “underperform” vote.)Community SentimentPublic Storage has received 63.72% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldPublic Storage pays a meaningful dividend of 3.73%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPublic Storage has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Public Storage is 74.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Public Storage will have a dividend payout ratio of 75.69% in the coming year. This indicates that Public Storage may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Public Storage insiders have bought 1,303.89% more of their company's stock than they have sold. Specifically, they have bought $8,468,012.00 in company stock and sold $603,180.00 in company stock.Percentage Held by InsidersOnly 13.78% of the stock of Public Storage is held by insiders.Percentage Held by Institutions79.01% of the stock of Public Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Public Storage are expected to grow by 2.13% in the coming year, from $10.35 to $10.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Storage is 31.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Storage is 31.21, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Earnings Growth RatioPublic Storage has a PEG Ratio of 6.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPublic Storage has a P/B Ratio of 7.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.9Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.79 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:PSA Previous Symbol CUSIP74460D10 CIK1393311 Webwww.publicstorage.com Phone818-244-8080Debt Debt-to-Equity Ratio0.50 Current Ratio3.21 Quick Ratio3.21Price-To-Earnings Trailing P/E Ratio31.21 Forward P/E Ratio21.11 P/E Growth6.08 Sales & Book Value Annual Sales$2.85 billion Price / Sales13.41 Cash Flow$11.55 per share Price / Cash Flow18.92 Book Value$28.75 per share Price / Book7.60Profitability EPS (Most Recent Fiscal Year)$10.75 Net Income$1.52 billion Net Margins48.65% Return on Equity28.12% Return on Assets11.90%Miscellaneous Employees5,900 Outstanding Shares174,803,000Market Cap$38.19 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $218.47 +3.83 (+1.78 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PSA News and Ratings via Email Sign-up to receive the latest news and ratings for PSA and its competitors with MarketBeat's FREE daily newsletter. Public Storage (NYSE:PSA) Frequently Asked Questions How has Public Storage's stock been impacted by COVID-19? Public Storage's stock was trading at $220.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PSA stock has decreased by 0.9% and is now trading at $218.47. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Public Storage? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 5 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Public Storage. When is Public Storage's next earnings date? Public Storage is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Public Storage. How were Public Storage's earnings last quarter? Public Storage (NYSE:PSA) released its quarterly earnings results on Wednesday, August, 5th. The real estate investment trust reported $1.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.52 by $1.11. The real estate investment trust had revenue of $709.29 million for the quarter, compared to analysts' expectations of $709.42 million. Public Storage had a return on equity of 28.12% and a net margin of 48.65%. The firm's quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned $2.64 EPS. 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 Monday, August 3rd. Shareholders of record on Tuesday, September 15th will be given a dividend of $2.00 per share on Wednesday, September 30th. This represents a $8.00 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Monday, September 14th. View Public Storage's dividend history. What price target have analysts set for PSA? 12 equities research analysts have issued 12 month price objectives for Public Storage's shares. Their forecasts range from $175.00 to $267.00. On average, they anticipate Public Storage's stock price to reach $218.92 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View analysts' price targets for Public Storage. Are investors shorting Public Storage? Public Storage saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 4,220,000 shares, a decline of 10.8% from the August 31st total of 4,730,000 shares. Based on an average trading volume of 776,400 shares, the short-interest ratio is currently 5.4 days. Approximately 2.8% of the shares of the stock are sold short. View Public Storage's Short Interest. Who are some of Public Storage's key competitors? Some companies that are related to Public Storage include American Tower (AMT), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all 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), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Intel (INTC), Pfizer (PFE), Procter & Gamble (PG), Ford Motor (F), Walmart (WMT) and AbbVie (ABBV). Who are Public Storage's key executives? Public Storage's management team includes the following 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) 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.32%), BlackRock Inc. (9.61%), APG Asset Management US Inc. (1.92%), Bank of America Corp DE (1.33%), Sumitomo Mitsui Trust Holdings Inc. (0.98%) and Charles Schwab Investment Management Inc. (0.75%). Company insiders that own Public Storage stock include B Wayne Et Al Hughes, Gary E Pruitt, Lily Yan Hughes, Nathaniel A Vitan, Ronald L Havner Jr, Tamara Hughes Gustavson and Uri P Harkham. 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 Vanguard Group Inc., Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., APG Asset Management US Inc., APG Asset Management N.V., Toronto Dominion Bank, Victory Capital Management Inc., and Russell Investments Group Ltd.. Company insiders that have sold Public Storage company stock in the last year include Nathaniel A Vitan, and Uri P Harkham. View insider buying and selling activity for Public Storage. Which major investors are buying Public Storage stock? PSA stock was bought by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., TD Asset Management Inc., Bank of America Corp DE, BlackRock Inc., Exencial Wealth Advisors LLC, UBS Group AG, Healthcare of Ontario Pension Plan Trust Fund, and Lasalle Investment Management Securities LLC. 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. 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 $218.47. How big of a company is Public Storage? Public Storage has a market capitalization of $38.19 billion and generates $2.85 billion in revenue each year. The real estate investment trust earns $1.52 billion in net income (profit) each year or $10.75 on an earnings per share basis. Public Storage employs 5,900 workers across the globe. What is Public Storage's official website? The official website for Public Storage is 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. This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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