Public Storage (PSA)
NYSE: PSA · IEX Real-Time Price · USD
261.81
-0.41 (-0.16%)
At close: Apr 17, 2024, 4:00 PM
263.68
+1.87 (0.71%)
After-hours: Apr 17, 2024, 5:57 PM EDT

Public Storage Statistics

Total Valuation

Public Storage has a market cap or net worth of $46.00 billion. The enterprise value is $54.82 billion.

Market Cap 46.00B
Enterprise Value 54.82B

Important Dates

The next confirmed earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Mar 12, 2024

Share Statistics

Public Storage has 175.69 million shares outstanding. The number of shares has decreased by -0.08% in one year.

Shares Outstanding 175.69M
Shares Change (YoY) -0.08%
Shares Change (QoQ) -0.05%
Owned by Insiders (%) 10.17%
Owned by Institutions (%) 80.61%
Float 157.61M

Valuation Ratios

The trailing PE ratio is 23.67 and the forward PE ratio is 24.25. Public Storage's PEG ratio is 8.91.

PE Ratio 23.67
Forward PE 24.25
PS Ratio 10.20
Forward PS 9.84
PB Ratio 4.60
P/FCF Ratio 19.04
PEG Ratio 8.91
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.46, with an EV/FCF ratio of 22.64.

EV / Earnings 28.13
EV / Sales 12.13
EV / EBITDA 16.46
EV / EBIT 23.23
EV / FCF 22.64

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.91
Debt / EBITDA 2.73
Debt / FCF 3.76
Interest Coverage 11.73

Financial Efficiency

Return on equity (ROE) is 19.40% and return on invested capital (ROIC) is 11.93%.

Return on Equity (ROE) 19.40%
Return on Assets (ROA) 10.40%
Return on Capital (ROIC) 11.93%
Revenue Per Employee $728,660
Profits Per Employee $314,313
Employee Count 6,200
Asset Turnover 0.24
Inventory Turnover n/a

Taxes

In the past 12 months, Public Storage has paid $10.82 million in taxes.

Income Tax 10.82M
Effective Tax Rate 0.55%

Stock Price Statistics

The stock price has decreased by -11.09% in the last 52 weeks. The beta is 0.53, so Public Storage's price volatility has been lower than the market average.

Beta (1Y) 0.53
52-Week Price Change -11.09%
50-Day Moving Average 281.49
200-Day Moving Average 277.35
Relative Strength Index (RSI) 33.67
Average Volume (30 Days) 715,295

Short Selling Information

The latest short interest is 3.55 million, so 2.02% of the outstanding shares have been sold short.

Short Interest 3.55M
Short Previous Month 3.32M
Short % of Shares Out 2.02%
Short % of Float 2.25%
Short Ratio (days to cover) 4.47

Income Statement

In the last 12 months, Public Storage had revenue of $4.52 billion and earned $1.95 billion in profits. Earnings per share was $11.06.

Revenue 4.52B
Gross Profit 3.37B
Operating Income 2.29B
Pretax Income 2.16B
Net Income 1.95B
EBITDA 3.33B
EBIT 2.36B
Earnings Per Share (EPS) $11.06
Full Income Statement

Balance Sheet

The company has $370.00 million in cash and $9.10 billion in debt, giving a net cash position of -$8.73 billion or -$49.71 per share.

Cash & Cash Equivalents 370.00M
Total Debt 9.10B
Net Cash -8.73B
Net Cash Per Share -$49.71
Equity / Book Value 10.01B
Book Value Per Share 56.99
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.25 billion and capital expenditures -$825.58 million, giving a free cash flow of $2.42 billion.

Operating Cash Flow 3.25B
Capital Expenditures -825.58M
Free Cash Flow 2.42B
FCF Per Share $13.80
Full Cash Flow Statement

Margins

Gross margin is 74.59%, with operating and profit margins of 50.75% and 43.14%.

Gross Margin 74.59%
Operating Margin 50.75%
Pretax Margin 47.79%
Profit Margin 43.14%
EBITDA Margin 73.72%
EBIT Margin 52.25%
FCF Margin 53.59%

Dividends & Yields

This stock pays an annual dividend of $12.00, which amounts to a dividend yield of 4.58%.

Dividend Per Share $12.00
Dividend Yield 4.58%
Dividend Growth (YoY) 33.33%
Years of Dividend Growth 1
Payout Ratio 108.50%
Buyback Yield 0.08%
Shareholder Yield 4.65%
Earnings Yield 4.23%
FCF Yield 5.25%
Dividend Details

Analyst Forecast

The average price target for Public Storage is $310.43, which is 18.57% higher than the current price. The consensus rating is "Buy".

Price Target $310.43
Price Target Difference 18.57%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 3.09%
EPS Growth Forecast (5Y) 2.78%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date Aug 14, 2023
Split Type n/a
Split Ratio 1:1

Scores

Altman Z-Score n/a
Piotroski F-Score 5