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.
Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 2/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 5/6 |
Public Storage Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$277.58 |
52 Week High | US$316.48 |
52 Week Low | US$233.18 |
Beta | 0.53 |
1 Month Change | -1.40% |
3 Month Change | -5.86% |
1 Year Change | -6.97% |
3 Year Change | 17.27% |
5 Year Change | 23.79% |
Change since IPO | 1,797.98% |
Recent News & Updates
4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio
Mar 18Public Storage: The Self-Storage Glut Is Coming In 2024
Feb 19Recent updates
4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio
Mar 18Public Storage: The Self-Storage Glut Is Coming In 2024
Feb 19Public Storage: Store Away And Lock Up Your Shares For The Long Term
Feb 12Public Storage: Remains Attractive With A 4% Dividend Yield
Jan 05Public Storage: 4.5% Yield, A-Rated Debt, And Strong Annual Total Return Potential
Dec 05Public Storage: Back In The Buy Zone
Nov 10Public Storage: The Preferred Dividends Are Well Covered
Nov 03Public Storage: Why Buy Treasuries When You Can Buy This Stock
Oct 11Public Storage: A Simple Question Of Supply And Demand
Sep 08Public Storage: The 5.45% Yielding Preferred Shares Offer Excellent Risk/Reward
Aug 06Public Storage: Lock In A Solid Yield Before It Goes Higher
Jul 14This Is A PSA: Public Storage Is Undervalued
Jun 21Building Wealth With Public Storage: My High-Conviction Dividend Play
May 24Shareholder Returns
PSA | US Specialized REITs | US 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
PSA volatility | |
---|---|
PSA Average Weekly Movement | 3.0% |
Specialized REITs Industry Average Movement | 3.2% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
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
Founded | Employees | CEO | Website |
---|---|---|---|
1972 | 6,200 | Joe Russell | https://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
PSA fundamental statistics | |
---|---|
Market cap | US$48.81b |
Earnings (TTM) | US$1.95b |
Revenue (TTM) | US$4.55b |
25.0x
P/E Ratio10.7x
P/S RatioIs PSA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PSA income statement (TTM) | |
---|---|
Revenue | US$4.55b |
Cost of Revenue | US$1.16b |
Gross Profit | US$3.38b |
Other Expenses | US$1.43b |
Earnings | US$1.95b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 11.09 |
Gross Margin | 74.42% |
Net Profit Margin | 42.87% |
Debt/Equity Ratio | 90.1% |
How did PSA perform over the long term?
See historical performance and comparison