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Public Storage NYSE:PSA.PRG Stock Report

Last Price

US$23.66

Market Cap

US$51.7b

7D

-1.7%

1Y

-1.1%

Updated

10 Apr, 2024

Data

Company Financials +

PSA.PRG Stock Overview

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.

PSA.PRG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends5/6

Public Storage Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Public Storage
Historical stock prices
Current Share PriceUS$23.66
52 Week HighUS$25.06
52 Week LowUS$20.70
Beta0.53
1 Month Change-5.51%
3 Month Change-0.84%
1 Year Change-1.09%
3 Year Change-10.51%
5 Year Change-6.33%
Change since IPO-4.40%

Recent News & Updates

Recent updates

Shareholder Returns

PSA.PRGUS Specialized REITsUS Market
7D-1.7%1.7%0.3%
1Y-1.1%-1.1%26.2%

Return vs Industry: PSA.PRG matched the US Specialized REITs industry which returned -1.1% over the past year.

Return vs Market: PSA.PRG underperformed the US Market which returned 26.2% over the past year.

Price Volatility

Is PSA.PRG's price volatile compared to industry and market?
PSA.PRG volatility
PSA.PRG Average Weekly Movement1.2%
Specialized REITs Industry Average Movement3.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: PSA.PRG's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19726,200Joe Russellhttps://www.publicstorage.com

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.

Public Storage Fundamentals Summary

How do Public Storage's earnings and revenue compare to its market cap?
PSA.PRG fundamental statistics
Market capUS$51.69b
Earnings (TTM)US$1.95b
Revenue (TTM)US$4.55b

24.9x

P/E Ratio

10.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSA.PRG income statement (TTM)
RevenueUS$4.55b
Cost of RevenueUS$1.16b
Gross ProfitUS$3.38b
Other ExpensesUS$1.43b
EarningsUS$1.95b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)11.09
Gross Margin74.42%
Net Profit Margin42.87%
Debt/Equity Ratio90.1%

How did PSA.PRG perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

79%

Payout Ratio
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