Public Storage (PSA)
| Market Cap | 48.67B -9.3% |
| Revenue (ttm) | 4.83B +2.5% |
| Net Income | 1.59B -13.9% |
| EPS | 9.01 -15.3% |
| Shares Out | 175.51M |
| PE Ratio | 30.78 |
| Forward PE | 27.83 |
| Dividend | $12.00 (4.32%) |
| Ex-Dividend Date | Mar 16, 2026 |
| Volume | 972,455 |
| Open | 276.06 |
| Previous Close | 277.59 |
| Day's Range | 275.25 - 278.45 |
| 52-Week Range | 256.54 - 312.95 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 310.46 (+11.95%) |
| Earnings Date | Apr 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]
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 StatementsAnalyst 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.
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...
Public Storage (PSA) M&A Call Transcript
Public Storage (PSA) M&A Call Transcript
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.
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...
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...
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...
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...
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...
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.
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
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...
Public Storage (PSA) Q4 2025 Earnings Call Transcript
Public Storage (PSA) Q4 2025 Earnings Call Transcript
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,...
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...
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 ...
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
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...
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...
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...
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.
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...
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...
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...

