Public Storage/PSA

$265.76

-2.34%
-
1D1W1MYTD1YMAX

About Public Storage

Public Storage is a real estate investment trust (REIT). The Company is engaged in the ownership, development, and operation of self-storage facilities and other related operations including tenant reinsurance and third-party self-storage management. It offers storage spaces for lease on a month-to-month basis, for personal and business use. Its segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes combined operations of its tenant reinsurance, merchandise sales, and third party property management segments. It has interests in and consolidated approximately 3,044 self-storage facilities (an aggregate of 218 million net rentable square feet of space) operating under the Public Storage name.

Ticker

PSA

Sector

Real Estate

Trading on

NYSE

Industry

Misc. Transportation

CEO

Joseph Russell

Employees

5,380

Headquarters

Glendale, United States

Public Storage Metrics

BasicAdvanced
$47.82B
Market cap
24.60
P/E ratio
$11.06
EPS
0.56
Beta
$12.00
Dividend rate
4.41%
Dividend yield
$47.82B
0.5638
$312.25
$233.18
704.9K
$12.00
90.913
90.913
108.34%
16.73%
11.56%
34.23%
11.98%
24.602
10.584
8.442
4.967
3.21%
4.41%
4.41%
8.02%
-52.92%
15.72%
20.72%
14.47%

What the Analysts think about Public Storage

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 15 analysts.
17.22% upside
High $348.00
Low $250.00
$265.76
Current price
$311.53
Average price target

Public Storage Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
37.86% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.16B
1.4%
Net income
$439.2M
-28.38%
Profit margin
37.86%
-29.38%

Public Storage Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 18.99%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.65
$3.00
$3.20
$2.21
-
Expected
$2.69
$2.91
$2.81
$2.73
$2.48
Surprise
-1.61%
3.23%
13.97%
-18.99%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Public Storage stock?

Public Storage (PSA) has a market cap of $47.82B as of April 15, 2024.

What is the P/E ratio for Public Storage stock?

The price to earnings (P/E) ratio for Public Storage (PSA) stock is 24.6 as of April 15, 2024.

Does Public Storage stock pay dividends?

Yes, the Public Storage (PSA) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $12 and the yield is 4.41%. Public Storage has a payout ratio of 108.34% on a trailing twelve-month basis.

When is the next Public Storage dividend payment date?

The next Public Storage (PSA) dividend payment date is unconfirmed.

What is the beta indicator for Public Storage?

Public Storage (PSA) has a beta rating of 0.56. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Public Storage stock price target?

The target price for Public Storage (PSA) stock is $311.53, which is 17.22% above the current price of $265.76. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Public Storage stock

Buy or sell Public Storage stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing