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Public Storage NYSE:PSA Stock Report

Last Price

US$277.58

Market Cap

US$48.8b

7D

-4.8%

1Y

-7.0%

Updated

18 Mar, 2024

Data

Company Financials +

PSA 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 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$277.58
52 Week HighUS$316.48
52 Week LowUS$233.18
Beta0.53
1 Month Change-1.40%
3 Month Change-5.86%
1 Year Change-6.97%
3 Year Change17.27%
5 Year Change23.79%
Change since IPO1,797.98%

Recent News & Updates

4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio

Mar 18

Public Storage: The Self-Storage Glut Is Coming In 2024

Feb 19

Recent updates

4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio

Mar 18

Public Storage: The Self-Storage Glut Is Coming In 2024

Feb 19

Public Storage: Store Away And Lock Up Your Shares For The Long Term

Feb 12

Public Storage: Remains Attractive With A 4% Dividend Yield

Jan 05

Public Storage: 4.5% Yield, A-Rated Debt, And Strong Annual Total Return Potential

Dec 05

Public Storage: Back In The Buy Zone

Nov 10

Public Storage: The Preferred Dividends Are Well Covered

Nov 03

Public Storage: Why Buy Treasuries When You Can Buy This Stock

Oct 11

Public Storage: A Simple Question Of Supply And Demand

Sep 08

Public Storage: The 5.45% Yielding Preferred Shares Offer Excellent Risk/Reward

Aug 06

Public Storage: Lock In A Solid Yield Before It Goes Higher

Jul 14

This Is A PSA: Public Storage Is Undervalued

Jun 21

Building Wealth With Public Storage: My High-Conviction Dividend Play

May 24

Shareholder Returns

PSAUS Specialized REITsUS Market
7D-4.8%-4.4%0.5%
1Y-7.0%1.0%29.0%

Return vs Industry: PSA underperformed the US Specialized REITs industry which returned 1% over the past year.

Return vs Market: PSA underperformed the US Market which returned 29% over the past year.

Price Volatility

Is PSA's price volatile compared to industry and market?
PSA volatility
PSA Average Weekly Movement3.0%
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 has not had significant price volatility in the past 3 months.

Volatility Over Time: PSA's weekly volatility (3%) 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 fundamental statistics
Market capUS$48.81b
Earnings (TTM)US$1.95b
Revenue (TTM)US$4.55b

25.0x

P/E Ratio

10.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSA 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

n/a

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

How did PSA perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

79%

Payout Ratio
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