Public Storage (PSA)

NYSE: PSA · Real-Time Price · USD
308.29
-2.53 (-0.81%)
At close: Apr 24, 2026, 4:00 PM EDT
309.00
+0.71 (0.23%)
After-hours: Apr 24, 2026, 7:50 PM EDT
Market Cap54.26B +9.6%
Revenue (ttm)4.83B +2.5%
Net Income1.59B -13.9%
EPS9.01 -15.3%
Shares Out 176.01M
PE Ratio34.22
Forward PE31.27
Dividend$12.00 (3.89%)
Ex-Dividend DateMar 16, 2026
Volume1,011,653
Open310.62
Previous Close310.82
Day's Range307.25 - 311.65
52-Week Range256.54 - 313.51
Beta1.00
AnalystsBuy
Price Target310.23 (+0.63%)
Earnings DateApr 27, 2026

About PSA

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2025, we: (i) owned and/or operated 3,533 self-storage facilities located in 40 states with approximately 258 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 332 self-storage facilities located in seven Western European countries with approximately 18 million net rentable square fe... [Read more]

Founded 1972
Employees 5,770
Stock Exchange NYSE
Ticker Symbol PSA
Full Company Profile

Financial Performance

In 2025, Public Storage's revenue was $4.83 billion, an increase of 2.51% compared to the previous year's $4.72 billion. Earnings were $1.59 billion, a decrease of -15.33%.

Financial Statements

Analyst Summary

According to 14 analysts, the average rating for PSA stock is "Buy." The 12-month stock price target is $310.23, which is an increase of 0.63% from the latest price.

Price Target
$310.23
(0.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Public Storage to Release First Quarter 2026 Earnings Results and Host Quarterly Conference Call

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today it intends to release its first quarter 2026 earnings results after the market close on Monday, April 27, 2026....

13 days ago - Business Wire

Public Storage Prices 5.000% Senior Notes

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today that the Company's subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of $500 ...

25 days ago - Business Wire

America's biggest public storage company is about to get even bigger

America's leading public storage provider, Public Storage (NYSE: PSA), has announced plans to acquire one of its main competitors, National Storage Affiliates Trust (NYSE: NSA), further solidifying it...

5 weeks ago - Fast Company

Public Storage Transcript: M&A announcement

A $10.5B all-stock merger creates the world’s largest self-storage platform, with $110–$130M in synergies, immediate integration, and a focus on Sun Belt growth. The deal is expected to close in Q3 2026, delivering significant value and operational upside for all stakeholders.

5 weeks ago - Transcripts

Public Storage to Acquire National Storage Affiliates in $5.7 Billion Stock Deal

Public Storage agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal, creating a storage-unit company with a combined market capitalization of $57 billion.

Other symbols: NSA
5 weeks ago - WSJ

Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders

FRISCO, Texas & GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NS...

Other symbols: NSA
5 weeks ago - Business Wire

Public Storage and Welltower Announce Strategic Data Science Partnership to Advance Application of AI in Real Estate Investing

FRISCO, Texas & TOLEDO, Ohio--(BUSINESS WIRE)--Public Storage (NYSE: PSA) and Welltower (NYSE: WELL) today announced a strategic data science partnership bringing together Welltower's industry-leading...

Other symbols: WELL
2 months ago - Business Wire

Public Storage relocates headquarters from California to Texas

Public Storage will relocate its headquarters to Texas alongside a CEO change and a broader plan aimed at boosting margins, earnings and shareholder returns.

2 months ago - Fox Business

Public Storage Declares First Quarter 2026 Dividends

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on February 17, 2026, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The B...

2 months ago - Business Wire

Public Storage Earnings Call Transcript: Q4 2025

PS 4.0 ushers in new leadership, digital transformation, and a focus on customer experience and capital allocation. 2025 saw strong non-same-store growth and robust liquidity, while 2026 guidance anticipates modest declines in same-store metrics but continued investment and portfolio expansion.

2 months ago - Transcripts

Public Storage Reports Fourth Quarter and Full Year 2025 Results

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (the “Company”) (NYSE: PSA) announced today its results for the quarter and year ended December 31, 2025 and its outlook for full-year 2026. In addition,...

2 months ago - Business Wire

Public Storage to Release Fourth Quarter 2025 Earnings Results and Host Quarterly Conference Call

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2025 earnings results after the market close on Thursday, February 12, 2026. A con...

3 months ago - Business Wire

Public Storage Announces Tax Treatment of 2025 Dividends

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2025 dividends. For the tax year ended December 31, 2025, distributions for the PSA comm...

3 months ago - Business Wire

Public Storage Earnings Call Transcript: Q3 2025

Q3 2025 saw outperformance with raised guidance, driven by strong Same Store and Non-Same Store NOI growth, robust acquisitions, and digital transformation. Expense control and technology initiatives boosted margins, while industry supply constraints and a healthy acquisition pipeline support continued growth.

6 months ago - Transcripts

Public Storage Reports Results for the Three and Nine Months Ended September 30, 2025

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2025. “Public Storage's third quarter results reflect d...

6 months ago - Business Wire

Public Storage to Release Third Quarter 2025 Earnings Results and Host Quarterly Conference Call

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its third quarter 2025 earnings results after the market close on Wednesday, October 29, 2025. A conf...

7 months ago - Business Wire

Public Storage Prices Public Offering of Euro-Denominated Senior Notes

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today that the Company's subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of €4...

7 months ago - Business Wire

Public Storage Declares Third Quarter 2025 Dividends

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on August 26, 2025, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The ...

8 months ago - Business Wire

Ki Corporation and Public Storage Withdraw Offer to Acquire Abacus Storage King

GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation and Public Storage (NYSE:PSA) (together, the “Consortium”) announced today the withdrawal of their non-binding indicative offer to acquire Abacus Stor...

8 months ago - Business Wire

Public Storage Earnings Call Transcript: Q2 2025

Raised 2025 outlook on stabilizing operations and strong acquisition activity, with key markets showing 2–4% same-store revenue growth and robust non-same-store NOI. Guidance reflects expected second-half deceleration from LA pricing restrictions, but long-term growth drivers remain intact.

9 months ago - Transcripts

Public Storage Reports Results for the Three and Six Months Ended June 30, 2025

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and six months ended June 30, 2025. “We are raising our outlook based on stabilizing operat...

9 months ago - Business Wire

Ki Corporation and Public Storage Update Offer to Acquire Abacus Storage King

GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation and Public Storage (NYSE:PSA) (together, the “Consortium”) announced today a revised non-binding indicative offer (NBIO) to acquire Abacus Storage Kin...

10 months ago - Business Wire

Public Storage to Release Second Quarter 2025 Earnings Results and Host Quarterly Conference Call

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its second quarter 2025 earnings results after the market close on Wednesday, July 30, 2025. A confer...

10 months ago - Business Wire

Public Storage Prices Public Offering of Senior Notes

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today that the Company's subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of $8...

10 months ago - Business Wire

Public Storage Declares Second Quarter 2025 Dividends

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on May 7, 2025, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Boar...

1 year ago - Business Wire