Public Storage (PSA)
- Previous Close
260.28 - Open
261.17 - Bid --
- Ask --
- Day's Range
259.09 - 260.97 - 52 Week Range
233.18 - 312.25 - Volume
80,455 - Avg. Volume
708,514 - Market Cap (intraday)
45.834B - Beta (5Y Monthly) 0.53
- PE Ratio (TTM)
23.52 - EPS (TTM)
11.06 - Earnings Date Feb 19, 2024 - Feb 23, 2024
- Forward Dividend & Yield 12.00 (4.61%)
- Ex-Dividend Date Mar 12, 2024
- 1y Target Est
311.53
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 December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
www.publicstorage.com6,200
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: PSA
Performance Overview: PSA
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: PSA
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Statistics: PSA
Valuation Measures
Market Cap
45.73B
Enterprise Value
58.82B
Trailing P/E
23.53
Forward P/E
24.88
PEG Ratio (5yr expected)
8.52
Price/Sales (ttm)
10.15
Price/Book (mrq)
8.08
Enterprise Value/Revenue
13.02
Enterprise Value/EBITDA
17.60
Financial Highlights
Profitability and Income Statement
Profit Margin
47.26%
Return on Assets (ttm)
7.80%
Return on Equity (ttm)
21.31%
Revenue (ttm)
4.55B
Net Income Avi to Common (ttm)
1.95B
Diluted EPS (ttm)
11.06
Balance Sheet and Cash Flow
Total Cash (mrq)
370M
Total Debt/Equity (mrq)
90.07%
Levered Free Cash Flow (ttm)
2.19B
Research Analysis: PSA
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: PSA
Analyst Report: Public Storage
Public Storage is the largest owner of self-storage facilities in the US with more than 3,000 self-storage facilities in 40 states and approximately 218 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
RatingBullishPrice TargetAnalyst Report: Public Storage
Public Storage is the largest owner of self-storage facilities in the US with more than 3,000 self-storage facilities in 40 states and approximately 218 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
RatingNeutralPrice TargetAnalyst Report: Public Storage
Public Storage, based in California, is a REIT that operates self-storage facilities. The company has about 3,044 self-storage facilities in the U.S. with 218 million rentable square feet. Public Storage also has a 35% equity stake in Shurgard Europe, with 253 facilities and 15 million square feet of rentable space in Western Europe. The European storage market has underperformed the U.S. market. PSA currently has self-storage properties in 40 states. Stabilized properties account for approximately 75% of the company's portfolio, and acquisitions for 15%. Development and redevelopment properties make up the remainder. Of the REIT's stabilized portfolio, approximately one-third of same-store assets are in California, Texas, and Florida. The shares are a component of the S&P 500. PSA's market cap is $49 billion.
RatingNeutralPrice TargetMarket Digest: ADSK, KO, PSA, SILK, KVUE
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