Public Storage (PSA)
| Market Cap | 52.07B |
| Revenue (ttm) | 4.72B |
| Net Income (ttm) | 1.87B |
| Shares Out | 175.92M |
| EPS (ttm) | 10.64 |
| PE Ratio | 27.82 |
| Forward PE | 29.34 |
| Dividend | $12.00 (4.05%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 741,374 |
| Open | 293.93 |
| Previous Close | 289.03 |
| Day's Range | 293.93 - 297.60 |
| 52-Week Range | 256.31 - 369.99 |
| Beta | 0.76 |
| Analysts | Buy |
| Price Target | 335.09 (+13.21%) |
| Earnings Date | Apr 30, 2025 |
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, 2024, we: (i) owned and/or operated 3,380 self-storage facilities located in 40 states with approximately 245 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 318 self-storage facilities located in seven Western European nations with approximately 17 million net rentable square feet ... [Read more]
Financial Performance
In 2024, Public Storage's revenue was $4.72 billion, an increase of 3.74% compared to the previous year's $4.55 billion. Earnings were $1.87 billion, a decrease of -3.90%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PSA stock is "Buy." The 12-month stock price forecast is $335.09, which is an increase of 13.21% from the latest price.
News
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Public Storage to Release First Quarter 2025 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its first quarter 2025 earnings results after the market close on Wednesday, April 30, 2025. A confer...
Ki Corporation and Public Storage Offer a Premium to Acquire Abacus Storage King
GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation (“Ki”) and Public Storage (NYSE:PSA; the “Company”) (together, the “Consortium”) announced today the submittal of a non-binding indicative offer (NBIO...
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Public Storage is the world's largest self-storage REIT, with a rising dividend and opportunity for capital appreciation. Q4 2024 results showed good performance but highlighted challenges in revenue ...
Public Storage (PSA) Q4 2024 Earnings Call Transcript
Public Storage (PSA) Q4 2024 Earnings Call Transcript
Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2024
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2024. “Our fourth quarter performance reflected broad ...
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Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A confe...
Public Storage Announces Tax Treatment of 2024 Dividends
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2024 dividends. For the tax year ended December 31, 2024, distributions for the PSA comm...
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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 due to a weak housing market. The self-storage industry has low entry barriers and hig...
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. As the largest player in the American storage unit market, it holds a dominant...
The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio
My portfolio gained significantly post-election, driven by industrial and energy stocks, while REITs and tariff-prone companies faced pressure from rising rates and trade uncertainties. I see value in...
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
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3 Dividend Giants I'm Holding On To For Dear Life
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