Public Storage (PSA)

NYSE: PSA · Real-Time Price · USD
277.33
-0.26 (-0.09%)
Mar 19, 2026, 4:00 PM EDT - Market closed
Market Cap48.67B -9.3%
Revenue (ttm)4.83B +2.5%
Net Income1.59B -13.9%
EPS9.01 -15.3%
Shares Out 175.51M
PE Ratio30.78
Forward PE27.83
Dividend$12.00 (4.32%)
Ex-Dividend DateMar 16, 2026
Volume972,455
Open276.06
Previous Close277.59
Day's Range275.25 - 278.45
52-Week Range256.54 - 312.95
Beta0.97
AnalystsBuy
Price Target310.46 (+11.95%)
Earnings DateApr 29, 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 $310.46, which is an increase of 11.95% from the latest price.

Price Target
$310.46
(11.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - Fast Company

Public Storage (PSA) M&A Call Transcript

Public Storage (PSA) M&A Call Transcript

3 days ago - Seeking Alpha

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
3 days ago - WSJ

The #1 Reason To Invest In REITs Today

Many REITs trade 30–40% below property values, creating a rare opportunity. Real estate may hold up better during wars and geopolitical shocks. Unlike most sectors, AI cannot disrupt physical real est...

3 days ago - Seeking Alpha

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
3 days ago - Business Wire

REITs May Be The Biggest Winner Of The Coming Market Shift

AI is beginning to disrupt far more industries than most investors expected. As barriers to entry collapse, many businesses could face lower growth and valuations. But one asset class may actually ben...

5 days ago - Seeking Alpha

Public Storage Preferred Stock Offers High-Yield Returns

Public Storage remains financially robust, with strong FFO and a conservative payout ratio on preferred dividends. PSA's preferred equity, notably Series F (PSA.PR.F), offers a compelling 6.2% yield a...

12 days ago - Seeking Alpha

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
18 days 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.

23 days ago - Fox Business

Public Storage: Strong REIT With An A2 Credit Profile, But The Opportunity Is In The Preferreds

Public Storage: Strong REIT With An A2 Credit Profile, But The Opportunity Is In The Preferreds

27 days ago - Seeking Alpha

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...

4 weeks ago - Business Wire

Public Storage (PSA) Q4 2025 Earnings Call Transcript

Public Storage (PSA) Q4 2025 Earnings Call Transcript

4 weeks ago - Seeking Alpha

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,...

5 weeks ago - Business Wire

The Great AI Squeeze: High Costs Take Center Stage In Hyperscalers' Earnings Reports

With more than half of S&P 500® companies reporting thus far, EPS growth for Q4 2025 currently stands at 13%. This week, 1,662 companies are expected to report, including results from McDonald's, Cisc...

5 weeks ago - Seeking Alpha

The Smart Money Is Buying REITs, These Could Be Next

REITs trade at deep discounts to private real estate values. Private equity buyouts highlight significant hidden upside. I discuss the next potential REIT buyout targets.

Other symbols: AVBBAMBXCUBEEXRNSAPKST
5 weeks ago - Seeking Alpha

Property Type Round-Up From REITWorld 2025

REITs are positioned for robust growth in 2026, driven by decelerating supply, disciplined capital allocation, and significant valuation discounts to NAV and private markets. Sector preferences favor ...

Other symbols: AHRALEXAMHAVBBNLBRXBX
6 weeks ago - Seeking Alpha

Public Storage: Solid REIT To Watch, But Don't Ignore The Preferred Stock

Public Storage: Solid REIT To Watch, But Don't Ignore The Preferred Stock

6 weeks ago - Seeking Alpha

Public Storage's Slow Phase Is A Long-Term Opportunity

Public Storage is rated a Buy, with current valuations near decade lows despite strong margins and a robust balance sheet. PSA's growth is driven by capital deployment and acquisitions, with gradual e...

7 weeks ago - Seeking Alpha

The AI Winner Nobody Is Talking About: Self-Storage REITs

The AI revolution has some overlooked winners. One of the biggest that everyone is missing is self-storage REITs. I explain how they benefit and highlight my top picks.

Other symbols: BNBXCUBEEXRNSA
7 weeks ago - Seeking Alpha

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...

2 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...

2 months ago - Business Wire

Urgent Warning: These REITs Face High Risk Of Dividend Cuts

Not all REIT dividends are sustainable. Overleverage, troubled assets, and high payout ratios are clear red flags. I highlight 3 popular REITs at high risk of cutting their dividend.

2 months ago - Seeking Alpha

My Dividend Growth Income - December 2025 Update

I increased my forward projected dividend income by $86.77 (1.4%) in December, reaching $6,289.66. My portfolio strategy blends high-growth names like Broadcom (AVGO), Microsoft, and Visa with high-yi...

2 months ago - Seeking Alpha

My Most Important Warning To Dividend Investors For 2026

The U.S. government is increasingly funding deficits with short-term debt, making interest expenses highly sensitive to Fed policy. A declining average maturity in the sovereign bond index tightens th...

Other symbols: ABBVAMARESCNICPTENBEPD
2 months ago - Seeking Alpha

The 5 Cheapest Large Cap REITs For 2026

REITs remain attractively valued, with many trading at near 10-year high dividend yields. AFFO yield plus AFFO growth is utilized as a scoring system in this article. ARE leads in value but faces risk...

Other symbols: AMTAREAVBCCIDLREQIXEQR
3 months ago - Seeking Alpha