Public Storage (PSA)

NYSE: PSA · Real-Time Price · USD
296.81
-6.88 (-2.27%)
Jun 1, 2026, 3:27 PM EDT - Market open
Market Cap52.24B -0.1%
Revenue (ttm)4.87B +2.8%
Net Income1.70B -3.5%
EPS9.68 -4.0%
Shares Out 176.02M
PE Ratio31.37
Forward PE29.72
Dividend$12.00 (4.04%)
Ex-Dividend DateJun 15, 2026
Volume417,420
Open299.09
Previous Close303.69
Day's Range296.01 - 301.24
52-Week Range256.54 - 313.51
Beta0.98
AnalystsHold
Price Target309.15 (+4.16%)
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 March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 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 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet ... [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 16 analysts, the average rating for PSA stock is "Hold." The 12-month stock price target is $309.15, which is an increase of 4.16% from the latest price.

Price Target
$309.15
(4.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Public Storage Declares Second Quarter 2026 Dividends

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on May 6, 2026, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Board a...

25 days ago - Business Wire

Public Storage Earnings Call Transcript: Q1 2026

First quarter results exceeded expectations with 2.4% Core FFO growth, strong cost controls, and positive occupancy trends. The NSA acquisition and PS Next platform are set to drive future value, while guidance remains unchanged as the company enters the busy season.

4 weeks ago - Transcripts

Public Storage Earnings release: Q1 2026

Public Storage released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Public Storage Quarterly report: Q1 2026

Public Storage has published its Q1 2026 quarterly earnings report on April 28, 2026.

4 weeks ago - Filings

Public Storage Reports First Quarter 2026 Results

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (the “Company”) (NYSE: PSA) announced today its results for the quarter ended March 31, 2026 and its updated outlook for full-year 2026. Net income and c...

4 weeks ago - Business Wire

Public Storage Proxy statement: Proxy filing

Public Storage filed a proxy statement on April 22, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings

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....

6 weeks 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 ...

2 months ago - Business Wire

Public Storage Proxy statement: Proxy filing

Public Storage filed a proxy statement on March 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Public Storage Proxy statement: Proxy filing

Public Storage filed a proxy statement on March 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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 months ago - Fast Company

Public Storage Transcript: M&A announcement

A $10.5 billion all-stock merger will create the world’s largest self-storage platform, expanding scale, market reach, and operational efficiency. The deal targets $110–$130 million in synergies, with full integration and rebranding over several years, and is expected to close in Q3 2026.

2 months ago - Transcripts

Public Storage Press release: M&A announcement

Public Storage issued a press release on March 16, 2026, disclosing material business information to investors.

2 months ago - Filings

Public Storage Slides: M&A announcement

Public Storage has posted slides in relation to its latest quarterly earnings report, which was published on March 16, 2026.

2 months ago - Filings

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
2 months 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
2 months 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
3 months ago - Business Wire

Public Storage Slides: Company presentation

Public Storage has posted slides in relation to its latest quarterly earnings report, which was published on March 1, 2026.

3 months ago - Filings

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.

3 months ago - Fox Business

REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach

Real Estate Investment Trusts—or REITs—were left for dead in 2025. After two straight years of underperformance, the group became one of the market's most widely avoided corners—largely because rising...

Other symbols: COLDDOCEGPELSEQIXO
3 months ago - MarketBeat

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...

3 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.

3 months ago - Transcripts

Public Storage Annual report: Q4 2025

Public Storage has published its Q4 2025 annual report on February 13, 2026.

3 months ago - Filings

Public Storage Annual report: Q4 2025

Public Storage has published its Q4 2025 annual report on February 13, 2026.

3 months ago - Filings

Public Storage Earnings release: Q4 2025

Public Storage released its Q4 2025 earnings on February 13, 2026, summarizing the period's financial results.

3 months ago - Filings