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Public Storage (PSA)

Stock Price: $224.50 USD -1.54 (-0.68%)
Updated December 4, 4:00 PM EST - Market closed

PSA Stock Price Chart

Key Info

Market Cap 39.25B
Revenue (ttm) 2.87B
Net Income (ttm) 1.13B
Shares Out 174.50M
EPS (ttm) 6.49
PE Ratio 34.59
Forward PE n/a
Dividend $8.00
Dividend Yield 3.56%

Stock Quote

Trading Day December 4
Last Price $224.50
Previous Close $226.04
Change ($) -1.54
Change (%) -0.68%
Day's Open 225.89
Day's Range 223.08 - 227.31
Day's Volume 752,690
52-Week Range 157.53 - 236.23

PSA Stock News

Seeking Alpha - 2 weeks ago

Stock prices have recently been moving based on how companies are categorized rather than on actual fundamentals. This creates mis-pricing and some great opportunities.

Other stocks mentioned: BRX
The Motley Fool - 3 weeks ago

Investors may want to look beyond the obvious picks to find reliable, consistent growth.

Other stocks mentioned: LW, MSFT, SCI
Business Wire - 3 weeks ago

GLENDALE, Calif.--(BUSINESS WIRE)--Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 6,000,000 deposita...

Seeking Alpha - 4 weeks ago

Public Storage (PSA) CEO Joe Russell on Q3 2020 Results - Earnings Call Transcript

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Zacks Investment Research - 4 weeks ago

Public Storage (PSA) Q3 results reflect an increase in occupancy in the reported quarter and gains from expansion moves.

Seeking Alpha - 4 weeks ago

Trump might stay in office another four years. Or Biden might take over. The pandemic might linger well into 2021. Or we might find ourselves rid of it much sooner.

Other stocks mentioned: AVB, BXP, EQR, ESS, HTA, KRC, MPW, O, PLD, SRC, UDR
Business Wire - 1 month ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2020. Operating Results for the Three Months En...

Zacks Investment Research - 1 month ago

The economic disruption and its impact have widely varied across different property types and hence, delving deeper into the asset fundamentals and markets of each REIT becomes all the more im...

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Seeking Alpha - 1 month ago

Public Storage is up year-to-date. That's pretty rare among publicly-traded REITs. The company is benefiting from owning recession-resistant assets.

Zacks Investment Research - 1 month ago

While Public Storage (PSA) is likely to have gained from its high brand value and solid presence in key cities, a slowdown in demand and stiff competition might have played spoilsport in Q3.

Business Wire - 1 month ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that its Board of Trustees has appointed Kristy M. Pipes to the Board of Trustees effective October 26, 2020. Ms. P...

Forbes - 1 month ago

Public Storage has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $13317911.22B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including ...

Zacks Investment Research - 1 month ago

IRM vs. PSA: Which Stock Is the Better Value Option?

Other stocks mentioned: IRM
Seeking Alpha - 1 month ago

Self Storage REITs have been unexpected leaders throughout the pandemic. Riding the tailwinds of the single-family housing boom, storage REITs are one of four property sectors in positive terr...

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Seeking Alpha - 1 month ago

Kiplinger Investing periodically lists retirement tips. This 41-stock list comes from two articles. One by Brian Bollinger, updated 8/5/20 and another by Charles Lewis Sizemore, CFA, 7/2/19. A...

Other stocks mentioned: CVS, CVX, ENB, EPD, IP, KMI, LTC, MMP, PBA, T, TD, UGI, WPC, XOM
Seeking Alpha - 1 month ago

Why Small-Cap REITs Have More Upside - Plus 2 To Buy

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The Motley Fool - 1 month ago

Think real estate stocks are boring? Their return potential certainly isn't.

Other stocks mentioned: AVB, DLR, O, WELL
Business Wire - 1 month ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE: PSA) announced today it intends to release its third quarter 2020 earnings results on Wednesday, November 4, 2020. A conference call is...

Seeking Alpha - 2 months ago

While it was the second worst-performing sector in 2019 and fundamentals for 2020 were projected to be the worst in years, it has been a huge outperformer in 2020.

Other stocks mentioned: ICF, LSI, NSA, VNQ, XLRE
Business Wire - 2 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 10,000,000 deposit...

Seeking Alpha - 2 months ago

In the markets, SWANning means buying up companies with A-rated balance sheets.

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Zacks Investment Research - 2 months ago

Public Storage is poised to gain from its high brand value, strategic acquisitions and robust presence in key cities though the coronavirus crisis and rising supply are concerns.

Seeking Alpha - 2 months ago

What You Should Know About The REIT Rally

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Zacks Investment Research - 3 months ago

Public Storage (PSA) reported earnings 30 days ago. What's next for the stock?

24/7 Wall Street - 3 months ago

With the third quarter of 2020 almost over, many of the top companies we follow on Wall Street are making some changes to the curated lists of stock picks for clients.

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Seeking Alpha - 3 months ago

New Preferred Stock IPOs, August 2020

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InvestorPlace - 3 months ago

Worried about overvaluation in the stock market? These seven stocks to buy remain compelling options for your portfolio going forward.

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Seeking Alpha - 3 months ago

Public Storage's new preferred stock, PSA-M, is priced 0.50% lower than the previously issued PSA-L.

Investopedia - 3 months ago

Real estate investment trusts are capturing the attention of active traders based on breaks above resistance and nearby support levels.

Other stocks mentioned: FRI, PLD
The Motley Fool - 3 months ago

These companies each offer a combination of features that any income investor should appreciate.

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Business Wire - 3 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 5.20% Cumulative ...

Seeking Alpha - 3 months ago

Public Storage is facing dual challenges arising from oversupply in most of its markets and the pandemic-driven economic recession.

Business Wire - 3 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 8,000,000 deposita...

Seeking Alpha - 3 months ago

Public Storage has been a top performer in the past, but is currently stuck in a sideways trend.

Seeking Alpha - 3 months ago

Public Storage (PSA) CEO Joe Russell on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

Public Storage (PSA) Q2 results reflect low realized annual rent per occupied square foot, and rise in on-site property manager payroll and marketing costs, partly muted by gains from expansio...

Zacks Investment Research - 3 months ago

Public Storage (PSA) delivered FFO and revenue surprises of -2.38% and 0.63%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 3 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and six months ended June 30, 2020.

Business Wire - 4 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today the appointment of Natalia N.

Zacks Investment Research - 4 months ago

While Public Storage (PSA) is likely to have gained from its high brand value and solid presence in key cities, a slowdown in demand and stiff competition might have played spoilsport in Q2.

Business Wire - 4 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the release of its inaugural Sustainability Report discussing the Company’s long-term focus and commitment to opera...

Business Wire - 4 months ago

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its second quarter 2020 earnings results on Wednesday, August 5, 2020. A conference call is s...

Seeking Alpha - 5 months ago

Public Storage Faces Fundamental Challenges

Seeking Alpha - 5 months ago

Public Storage's new preferred stock, PSA-L, has the lowest nominal yield for 2020.

Reuters - 5 months ago

Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as...

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Forbes - 5 months ago

This crisis has caused a lot of folks to develop a crippling fear when it comes to REITs.

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Seeking Alpha - 5 months ago

Why You Shouldn't Buy RQI

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InvestorPlace - 5 months ago

These nine boring stocks to buy won’t elicit much excitement from the crowd, but they’re worthy contenders as we head toward an uncertain future.

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The Motley Fool - 6 months ago

These dividend stocks can produce significant income without putting your portfolio in harm's way.

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Zacks Investment Research - 6 months ago

Public Storage (PSA) reported earnings 30 days ago. What's next for the stock?

About PSA

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable s... [Read more...]

Industry
REIT-Industrial
CEO
Joseph Russell
Employees
5,900
Stock Exchange
NYSE
Ticker Symbol
PSA
Full Company Profile

Financial Performance

In 2019, Public Storage's revenue was $2.85 billion, an increase of 3.36% compared to the previous year's $2.75 billion. Earnings were $1.52 billion, a decrease of -11.13%.

Financial Statements

Analyst Forecasts

According to 17 analysts, the average rating for Public Storage stock is "Hold." The 12-month stock price forecast is 227.42, which is an increase of 1.30% from the latest price.

Price Target
$227.42
(1.30% upside)
Analyst Consensus: Hold