NYSE:PSA Public Storage Stock Forecast, Price & News Adding Choose a watchlist: 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. $309.39 -7.98 (-2.51%) (As of 07/5/2022 01:43 PM ET) Add Compare Share Today's Range$307.74▼$316.1150-Day Range$297.48▼$398.9752-Week Range$292.32▼$421.76Volume8,808 shsAverage Volume734,972 shsMarket Capitalization$54.29 billionP/E Ratio30.07Dividend Yield2.52%Price Target$371.82 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Public Storage MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside19.9% Upside$371.82 Price TargetShort InterestHealthy1.84% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.53Upright™ Environmental ScoreNews Sentiment0.64Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth7.47%From $15.52 to $16.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.88 out of 5 starsFinance Sector91st out of 1,398 stocksReal Estate Investment Trusts Industry8th out of 235 stocks 3.4 Analyst's Opinion Consensus RatingPublic Storage has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $371.82, Public Storage has a forecasted upside of 19.9% from its current price of $310.02.Amount of Analyst CoveragePublic Storage has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.84% of the float of Public Storage has been sold short.Short Interest Ratio / Days to CoverPublic Storage has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Public Storage has recently increased by 2.62%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldPublic Storage pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPublic Storage does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Public Storage is 77.75%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Public Storage will have a dividend payout ratio of 47.96% next year. This indicates that Public Storage will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePublic Storage has received a 58.13% net impact score from Upright. Public Storage seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Storage unit leasing services" product. See details.Environmental SustainabilityThe Environmental Impact score for Public Storage is -0.53. Previous Next 3.1 News and Social Media Coverage News SentimentPublic Storage has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Public Storage this week, compared to 4 articles on an average week.Social Mentions This WeekMarketBeat has tracked 12 reddit mentions for Public Storage this week, compared to 3 mentions on an average week.Search Interest19 people have searched for PSA on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Public Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Public Storage insiders have not sold or bought any company stock.Percentage Held by Insiders11.00% of the stock of Public Storage is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions78.54% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Public Storage are expected to grow by 7.47% in the coming year, from $15.52 to $16.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Public Storage is 30.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 79.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Public Storage is 30.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 93.50.Price to Earnings Growth RatioPublic Storage has a PEG Ratio of 2.90. 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 10.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PSA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Public Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address About Public Storage (NYSE:PSA) StockPublic 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 September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 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 239 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 September 30, 2020. Our headquarters are located in Glendale, California.Read More PSA Stock News HeadlinesJuly 3, 2022 | americanbankingnews.comJefferies Financial Group Cuts Public Storage (NYSE:PSA) Price Target to $369.00July 1, 2022 | nasdaq.comIYR, CCI, PSA, O: Large Outflows Detected at ETFJuly 5, 2022 | Investing Daily (Ad)Former Lawyer Went From $50K To $5.3M Trading OptionsSlaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M June 30, 2022 | finance.yahoo.comPublic Storage Releases 2022 Sustainability ReportJune 28, 2022 | finance.yahoo.comPublic Storage Earns Prestigious Great Place to Work Certification™June 23, 2022 | americanbankingnews.comStifel Nicolaus Lowers Public Storage (NYSE:PSA) Price Target to $360.00June 22, 2022 | benzinga.comHow Is The Market Feeling About Public Storage?June 22, 2022 | americanbankingnews.comEvercore ISI Analysts Give Public Storage (NYSE:PSA) a $348.00 Price TargetJuly 5, 2022 | Investing Daily (Ad)Former Lawyer Went From $50K To $5.3M Trading OptionsSlaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M June 20, 2022 | msn.comYear after the Covid-19 second wave, where Delhi’s O2 supply standsJune 18, 2022 | nasdaq.comAugust 19th Options Now Available For Public Storage (PSA)June 18, 2022 | americanbankingnews.comHead to Head Contrast: Four Corners Property Trust (NYSE:FCPT) & Public Storage (NYSE:PSA)June 17, 2022 | americanbankingnews.comBrokerages Set Public Storage (NYSE:PSA) PT at $372.91June 16, 2022 | americanbankingnews.comPublic Storage (NYSE:PSA) vs. Nexus Industrial REIT (OTCMKTS:EFRTF) Financial ContrastJune 14, 2022 | nasdaq.comPublic Storage's Preferred Series J Shares Cross 5.5% Yield MarkJune 14, 2022 | finance.yahoo.comIf I Could Only Buy 1 Real Estate Stock, This Would Be ItJune 13, 2022 | nasdaq.comPublic Storage's Preferred Shares, Series H Yield Pushes Past 5.5%June 13, 2022 | seekingalpha.comPublic Storage goes ex-dividend tomorrowJune 10, 2022 | nasdaq.comCash Dividend On The Way From Public Storage's 6.5% Cumulative Preferred Share of Beneficial Interest, Series PJune 10, 2022 | nasdaq.comPublic Storage Becomes OversoldJune 8, 2022 | finance.yahoo.com4 REITs To Gain Exposure To Growing Self-Storage Real Estate MarketJune 3, 2022 | finance.yahoo.comHere's Why I Think Public Storage (NYSE:PSA) Might Deserve Your Attention TodayJune 1, 2022 | markets.businessinsider.com7 Analysts Have This to Say About Public StorageJune 1, 2022 | finance.yahoo.comPublic Storage Virtual Presentation at Nareit REITweek 2022 to be WebcastJune 1, 2022 | finance.yahoo.comReal estate is still hot — so how can I take advantage of the rate-hike worries? These 3 REITs let you invest in high-quality property without millions of dollarsMay 25, 2022 | finance.yahoo.comZacks.com featured highlights Louisiana-Pacific, The Interpublic Group of Companies, Public Storage, APA and Dillard'sMay 24, 2022 | finance.yahoo.comBaron Funds: “Public Storage (PSA)’s Shares are Currently Valued at a Discount”See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:PSA CUSIP74460D10 CIK1393311 Webwww.publicstorage.com Phone(818) 244-8080Fax818-244-9530Employees5,800Year Founded1972Company Calendar Last Earnings5/03/2022Ex-Dividend for 6/30 Dividend6/14/2022Dividend Payable6/30/2022Today7/05/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$371.82 High Stock Price Forecast$440.00 Low Stock Price Forecast$298.00 Forecasted Upside/Downside+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.72727272727273 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$10.29 Trailing P/E Ratio30.07 Forward P/E Ratio19.93 P/E Growth2.9Net Income$1.95 billion Net Margins54.79% Pretax Margin46.37% Return on Equity38.01% Return on Assets12.04% Debt Debt-to-Equity Ratio1.39 Current Ratio2.07 Quick Ratio2.07 Sales & Book Value Annual Sales$3.42 billion Price / Sales15.89 Cash Flow$14.85 per share Price / Cash Flow20.84 Book Value$30.01 per share Price / Book10.31Miscellaneous Outstanding Shares175,460,000Free Float156,161,000Market Cap$54.29 billion OptionableOptionable Beta0.31 Social Links Public Storage Frequently Asked Questions Should I buy or sell Public Storage stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Public Storage stock. View analyst ratings for Public Storage or view top-rated stocks. What is Public Storage's stock price forecast for 2022? 11 brokerages have issued 1-year price targets for Public Storage's stock. Their PSA stock forecasts range from $298.00 to $440.00. On average, they anticipate Public Storage's stock price to reach $371.82 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for Public Storage or view top-rated stocks among Wall Street analysts. How has Public Storage's stock performed in 2022? Public Storage's stock was trading at $374.56 on January 1st, 2022. Since then, PSA shares have decreased by 17.4% and is now trading at $309.40. View the best growth stocks for 2022 here. When is Public Storage's next earnings date? Public Storage is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Public Storage. How were Public Storage's earnings last quarter? Public Storage (NYSE:PSA) issued its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $2.63 EPS for the quarter, missing analysts' consensus estimates of $3.59 by $0.96. The real estate investment trust earned $749.27 million during the quarter, compared to analyst estimates of $985.58 million. Public Storage had a trailing twelve-month return on equity of 38.01% and a net margin of 54.79%. Public Storage's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $2.82 earnings per share. View Public Storage's earnings history. How often does Public Storage pay dividends? What is the dividend yield for Public Storage? Public Storage declared a quarterly dividend on Thursday, May 5th. Stockholders of record on Wednesday, June 15th will be paid a dividend of $2.00 per share on Thursday, June 30th. This represents a $8.00 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Tuesday, June 14th. View Public Storage's dividend history. Is Public Storage a good dividend stock? Public Storage(NYSE:PSA) pays an annual dividend of $8.00 per share and currently has a dividend yield of 2.52%. The dividend payout ratio of Public Storage is 77.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Public Storage will have a dividend payout ratio of 47.96% next year. This indicates that Public Storage will be able to sustain or increase its dividend. View Public Storage's dividend history. What guidance has Public Storage issued on next quarter's earnings? Public Storage updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $14.75-$15.65 for the period. The company issued revenue guidance of -. 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 62, Pay $2.21M)Mr. H. Thomas Boyle III, Sr. VP & CFO (Age 39, Pay $1.52M)Ms. Natalia N. Johnson, Sr. VP & Chief Admin. Officer (Age 44, Pay $1.09M)Mr. Nathaniel A. Vitan, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 48, Pay $904.1k) (LinkedIn Profile)Mr. David Lee CFE, Chief Operating OfficerMr. Michael Braine, Chief Technology OfficerMr. Ryan C. Burke, VP of Investor RelationsDavid Collins, Head of Marketing & VPMr. John M. Sambuco, Pres of Asset ManagementMr. Steven H. Lentin, Exec. VP of Operations What is Ronald L. Havner Jr.'s approval rating as Public Storage's CEO? 736 employees have rated Public Storage CEO Ronald L. Havner Jr. on Glassdoor.com. Ronald L. Havner Jr. has an approval rating of 66% among Public Storage's employees. 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), Extra Space Storage (EXR), Ventas (VTR), CubeSmart (CUBE), Life Storage (LSI), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), Rayonier (RYN), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), EPR Properties (EPR), Sabra Health Care REIT (SBRA) and PotlatchDeltic (PCH). View all of PSA's 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), Walmart (WMT), Ford Motor (F) and Walt Disney (DIS). What is Public Storage's stock symbol? Public Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSA." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Public Storage's stock price today? One share of PSA stock can currently be purchased for approximately $309.40. How much money does Public Storage make? Public Storage (NYSE:PSA) has a market capitalization of $54.29 billion and generates $3.42 billion in revenue each year. The real estate investment trust earns $1.95 billion in net income (profit) each year or $10.29 on an earnings per share basis. How many employees does Public Storage have? Public Storage employs 5,800 workers across the globe. When was Public Storage founded? Public Storage was founded in 1972. How can I contact Public Storage? Public Storage's mailing address is 701 WESTERN AVENUE, GLENDALE CA, 91201. The official website for Public Storage is www.publicstorage.com. The real estate investment trust can be reached via phone at (818) 244-8080 or via fax at 818-244-9530. This page (NYSE:PSA) was last updated on 7/5/2022 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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