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Public Storage (PSA)

NYSE
Currency in USD
317.87
+0.08(+0.03%)
Real-time Data
PSA Scorecard
Full Analysis
3 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
316.31320.66
52 wk Range
256.31369.99
Key Statistics
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Prev. Close
320.79
Open
317
Day's Range
316.31-320.66
52 wk Range
256.31-369.99
Volume
171.06K
Average Volume (3m)
717.77K
1-Year Change
13.53%
Book Value / Share
30.05
Fair Value
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Fair Value Upside
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PSA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
347.39
Upside
+9.29%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Public Storage Company Profile

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 SWOT Analysis


Market Dominance
Explore Public Storage's position as the largest self-storage REIT in the US, leveraging scale advantages and a robust balance sheet for strategic growth
Financial Headwinds
Delve into PSA's recent earnings challenges, including increased expenses and competitive pressures, while maintaining steady full-year guidance
Growth Strategies
Learn about PSA's bullish acquisition stance and development pipeline, poised to capitalize on declining industry supply and potential market consolidation
Analyst Perspectives
Discover varied analyst views on PSA, with price targets ranging from $327 to $381, reflecting differing outlooks on the company's profitability and growth potential
Read full SWOT analysis
PSA Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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Public Storage Earnings Call Summary for Q4/2024

  • Core FFO per share at $4.20, down 3% YoY; same-store revenues fell 1.3%; move-in rents declined 9% YoY in Q3
  • Operating fundamentals stabilizing; digital engagement up with 75% of move-ins via eRental; nearly 2M app users
  • Q4 expected to show first sequential growth in 2+ years; revised core FFO guidance: $16.50-$16.85 per share
  • Positive 2025 outlook due to improving demand, reduced new supply competition; targeting ~6% yields on acquisitions
  • New COO Chris Sambar to drive operational efficiency; focus on sustainability with increased solar installations
Last Updated: 01-11-2024, 07:04 pm
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Compare PSA to Peers and Sector

Metrics to compare
PSA
Peers
Sector
Relationship
P/E Ratio
32.9x9.5x7.5x
PEG Ratio
−2.840.170.01
Price/Book
10.7x1.0x0.9x
Price / LTM Sales
11.9x6.2x4.0x
Upside (Analyst Target)
6.6%26.8%17.4%
Fair Value Upside
Unlock7.3%0.7%Unlock

Analysts' Recommendations

9 Buy
10 Hold
1 Sell
Ratings:
18 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 347.39

(+9.29% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.68
Dividend Yield
3.74%
Industry Median 5.09%
Annualised payout
12
Paid quarterly
5-Years Growth
+8.45%
Growth Streak

FAQ

What Is the Public Storage (PSA) Stock Price Today?

The Public Storage stock price today is 317.87.

What Stock Exchange Does Public Storage Trade On?

Public Storage is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Public Storage?

The stock symbol for Public Storage is "PSA."

Does Public Storage Pay Dividends? What’s The Current Dividend Yield?

The Public Storage dividend yield is 3.74%.

What Is the Public Storage Market Cap?

As of today, Public Storage market cap is 55.83B.

What is Public Storage Earnings Per Share?

The Public Storage EPS is 9.68.

What Is the Next Public Storage Earnings Date?

Public Storage will release its next earnings report on 24 Feb 2025.

From a Technical Analysis Perspective, Is PSA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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