Public Storage (PSA)
| Market Cap | 53.78B |
| Revenue (ttm) | 4.72B |
| Net Income (ttm) | 1.87B |
| Shares Out | 175.92M |
| EPS (ttm) | 10.64 |
| PE Ratio | 28.73 |
| Forward PE | 29.73 |
| Dividend | $12.00 (3.93%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 740,682 |
| Open | 304.58 |
| Previous Close | 304.30 |
| Day's Range | 303.16 - 309.14 |
| 52-Week Range | 256.31 - 369.99 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 344.17 (+12.58%) |
| Earnings Date | Feb 24, 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 September 30, 2024, we: (i) owned and/or operated 3,333 self-storage facilities located in 40 states with approximately 241 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 315 self-storage facilities located in seven Western European nations with approximately 17 million net rentable square fee... [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 12 analysts, the average rating for PSA stock is "Buy." The 12-month stock price forecast is $344.17, which is an increase of 12.58% from the latest price.
News
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
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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...
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Public Storage: The Multiple Has Expanded Too Much, Taking 25% Profits Home
In March 2024, I published a bullish piece on Public Storage as it had robust fundamentals and a historically depressed valuation in place. Since then, PSA has generated total returns of 25%. In the m...
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Public Storage Declares Third Quarter 2024 Dividends
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that on August 1, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The B...
This Etsy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Public Storage (PSA) Q2 2024 Earnings Call Transcript
Public Storage (NYSE:PSA) Q2 2024 Earnings Conference Call July 31, 2024 12:00 PM ET Company Participants Ryan Burke - VP, IR and Strategic Partnerships Joe Russell - President and CEO Tom Boyle - CF...