Public Storage (LON: 0KS3)
Market Cap | 41.48B |
Revenue (ttm) | 3.51B |
Net Income (ttm) | 1.27B |
Shares Out | n/a |
EPS (ttm) | 7.19 |
PE Ratio | 32.75 |
Forward PE | n/a |
Dividend | 9.34 (3.24%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 173 |
Open | 290.98 |
Previous Close | 294.13 |
Day's Range | 288.30 - 293.09 |
52-Week Range | 233.40 - 315.38 |
Beta | 0.69 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 21, 2025 |
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2024, we: (i) owned and/or operated 3,333 self-storage facilities located in 40 states with approximately 241 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 315 self-storage facilities located in seven Western European nations with approximately 17 million net rentable square fee... [Read more]
Financial Performance
In 2023, Public Storage's revenue was $4.55 billion, an increase of 7.21% compared to the previous year's $4.24 billion. Earnings were $1.95 billion, a decrease of -52.95%.
Financial numbers in USD Financial StatementsNews
Ready, Set, REIT: Why 2025 Could Be A Breakout Year
The commercial real estate sector, valued at $26 trillion, offers diverse opportunities despite low growth and commoditized assets, with REITs providing accessible and liquid investment options. Risin...
Insider Sell: Nathaniel Vitan Sells 450 Shares of Public Storage (PSA)
Insider Sell: Nathaniel Vitan Sells 450 Shares of Public Storage (PSA)
Public Storage files automatic shelf registration statement of securities of well-known seasoned issuers
Public Storage (PSA) Announces $2 Billion Equity Distribution Agreement
Public Storage (PSA) Announces $2 Billion Equity Distribution Agreement
Public Storage: A Great Business, With Nowhere To Grow
Public Storage is a well-run business with a strong history but faces challenges in maintaining past growth rates. Read why I rate PSA stock a Sell.
Public Storage: Wonderful REIT At A Fair Price
Public Storage is a compelling REIT due to its focus on storage unit properties, offering stability and growth potential.
The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio
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Public Storage (PSA) Q3 2024 Earnings Call Transcript
Public Storage (PSA) Q3 2024 Earnings Call Transcript
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2024
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2024. “Performance is stabilizing across our portfolio,...
Public Storage Announces Hiring of Chris Sambar as Chief Operating Officer
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA; the “Company”) announced today that Chris Sambar has joined the Company as Chief Operating Officer. Mr. Sambar brings significant leadershi...
Public Storage to Release Third Quarter 2024 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its third quarter 2024 earnings results after the market close on Wednesday, October 30, 2024. A conf...
Assessing The Impact Of Mortgage Rates On REITs
Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...
3 Dividend Giants I'm Holding On To For Dear Life
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The Impressive Durability Of REIT Investments
REIT bankruptcies are incredibly rare. The nature of their business is very resilient. I present 5 reasons that make most REITs quasi indestructible.
Public Storage: The Multiple Has Expanded Too Much, Taking 25% Profits Home
In March 2024, I published a bullish piece on Public Storage as it had robust fundamentals and a historically depressed valuation in place. Since then, PSA has generated total returns of 25%. In the m...
10 REITs With The Best Risk Ratings
REITs have rallied strongly recently, with a 7.93% increase in the past 3 months. Recent economic data suggests rate cuts have changed sentiment towards the real estate sector rapidly. Blue chip REITs...
The 'X' Factor For Public REITs
The next cycle for public REITs could be more similar to those of the 1990s and early 2000s than one of the past 14 years. In prior cycles, public REITs enjoyed a cost of capital that allowed for sign...
Public Storage Declares Third Quarter 2024 Dividends
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on August 1, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The B...
This Etsy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Public Storage (PSA) Q2 2024 Earnings Call Transcript
Public Storage (NYSE:PSA) Q2 2024 Earnings Conference Call July 31, 2024 12:00 PM ET Company Participants Ryan Burke - VP, IR and Strategic Partnerships Joe Russell - President and CEO Tom Boyle - CF...
Public Storage Reports Results for the Three and Six Months Ended June 30, 2024
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and six months ended June 30, 2024. “The Public Storage team is executing well on our strat...
Public Storage Appoints New Independent Trustee
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term...
Public Storage to Release Second Quarter 2024 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its second quarter 2024 earnings results after the market close on Tuesday, July 30, 2024. A conferen...
4%-Yielding Public Storage - One Of The Best REITs On The Market
Public Storage stands out despite a mixed dividend history, thanks to its vast footprint and strategic expansion, making it a key player in the self-storage market. PSA's robust performance, leveragin...
Public Storage Releases 2024 Sustainability Report
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the release of its 2024 Sustainability Report. The report highlights the Company's dedication to sustainability, detailing ...