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Public Storage NYSE:PSA.PRG Stock Report

Last Price

US$21.88

Market Cap

US$55.0b

7D

-3.7%

1Y

-7.5%

Updated

18 Dec, 2024

Data

Company Financials +

PSA.PRG Stock Overview

A member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. More details

PSA.PRG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Public Storage Competitors

Price History & Performance

Summary of share price highs, lows and changes for Public Storage
Historical stock prices
Current Share PriceUS$21.88
52 Week HighUS$25.06
52 Week LowUS$21.62
Beta0.71
1 Month Change-7.64%
3 Month Change-10.91%
1 Year Change-7.46%
3 Year Change-14.13%
5 Year Change-15.94%
Change since IPO-11.60%

Recent News & Updates

Recent updates

Shareholder Returns

PSA.PRGUS Specialized REITsUS Market
7D-3.7%-6.6%-4.0%
1Y-7.5%-0.3%24.0%

Return vs Industry: PSA.PRG underperformed the US Specialized REITs industry which returned 3% over the past year.

Return vs Market: PSA.PRG underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is PSA.PRG's price volatile compared to industry and market?
PSA.PRG volatility
PSA.PRG Average Weekly Movement1.6%
Specialized REITs Industry Average Movement3.2%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: PSA.PRG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PSA.PRG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19726,200Joe Russellwww.publicstorage.com

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 feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.

Public Storage Fundamentals Summary

How do Public Storage's earnings and revenue compare to its market cap?
PSA.PRG fundamental statistics
Market capUS$55.03b
Earnings (TTM)US$1.70b
Revenue (TTM)US$4.70b

30.9x

P/E Ratio

11.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSA.PRG income statement (TTM)
RevenueUS$4.70b
Cost of RevenueUS$1.25b
Gross ProfitUS$3.45b
Other ExpensesUS$1.75b
EarningsUS$1.70b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.70
Gross Margin73.43%
Net Profit Margin36.14%
Debt/Equity Ratio97.6%

How did PSA.PRG perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

81%

Payout Ratio

Does PSA.PRG pay a reliable dividends?

See PSA.PRG dividend history and benchmarks
When do you need to buy PSA.PRG by to receive an upcoming dividend?
Public Storage dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 30 2024
Days until Ex dividend7 days
Days until Dividend pay date10 days

Does PSA.PRG pay a reliable dividends?

See PSA.PRG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 14:05
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Public Storage is covered by 43 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Richard MilliganBaird
Ross SmotrichBarclays