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Public Storage (PSA)
NYSE:PSA
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PSA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$241.60 - $369.99
Previous Close$340.6
Volume1.54M
Average Volume (3M)684.80K
Market Cap
$58.23B
Enterprise Value$67.21B
Total Cash (Recent Filing)$599.00M
Total Debt (Recent Filing)$9.47B
Price to Earnings (P/E)34.5
Beta1.05
Next Earnings
Feb 25, 2025EPS Estimate
$2.55Next Dividend Ex-Date
Dec 13, 2024Dividend Yield3.61%
Share Statistics
EPS (TTM)9.65
Shares Outstanding175,108,651
10 Day Avg. Volume861,733
30 Day Avg. Volume684,798
Standard Deviation0.07
R-Squared0.27
Alpha0.00395
Financial Highlights & Ratios
Price to Book (P/B)10.83
Price to Sales (P/S)12.75
Price to Cash Flow (P/CF)18.70
P/FCF Ratio23.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.37
Enterprise Value/Gross Profit19.94
Enterprise Value/Ebitda20.09
Forecast
1Y Price Target
$357.42Price Target Upside9.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Public Storage News
PremiumCompany Announcements
Public Storage Reports Steady Revenue Amid Rising CostsBulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst remains overweight on PSA, feeling it has a more favorable setup into the next year compared to peers, with potential for accelerated performance.
Growth OpportunitiesPSA is actively pursuing external growth opportunities with confidence in accretive M&A, potentially exceeding $600 million in acquisitions.
ValuationIncreasing target price to $378 as the valuation base is rolled forward, reflecting a ~21x multiple.
Bears Say
Financial PerformancePublic Storage reported third-quarter core FFO below analyst expectations.
Growth ProspectsAcquisitions are more muted near term than initially hoped post SSA.
Market ConditionsOccupancy rates and rental prices have decreased compared to the previous year.
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Ownership Overview
10.20% Insiders
26.08% Mutual Funds
2.39% Other Institutional Investors
38.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PSA FAQ
What was Public Storage’s price range in the past 12 months?
Public Storage lowest stock price was $241.60 and its highest was $369.99 in the past 12 months.
What is Public Storage’s market cap?
Currently, no data Available
When is Public Storage’s upcoming earnings report date?
Public Storage’s upcoming earnings report date is Feb 25, 2025 which is in 108 days.
How were Public Storage’s earnings last quarter?
Public Storage released its earnings results on Oct 30, 2024. The company reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.603 by -$0.443.
Is Public Storage overvalued?
According to Wall Street analysts Public Storage’s price is currently Undervalued.
Does Public Storage pay dividends?
Public Storage pays a Quarterly dividend of $3 which represents an annual dividend yield of 3.61%. See more information on Public Storage dividends here
What is Public Storage’s EPS estimate?
Public Storage’s EPS estimate is $2.55.
How many shares outstanding does Public Storage have?
Public Storage has 175,108,660 shares outstanding.
What happened to Public Storage’s price movement after its last earnings report?
Public Storage reported an EPS of $2.16 in its last earnings report, missing expectations of $2.603. Following the earnings report the stock price went down -2.016%.
Which hedge fund is a major shareholder of Public Storage?
Among the largest hedge funds holding Public Storage’s share is AEW Capital Management, L.P.. It holds Public Storage’s shares valued at 61M.
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Public Storage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$357.42 (9.87% Upside)
$357.42 (9.87% Upside)
Blogger Sentiment
Bullish
PSA Sentiment 88%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 275.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $136.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.54%
12-Months-Change
Fundamentals
Return on Equity
19.24%
Trailing 12-Months
Asset Growth
-0.36%
Trailing 12-Months
Company Description
Public Storage
Public Storage engages in self-storage services in the United States. The company acquires, develops, owns and operates self-storage facilities, which it provides on a monthly rental basis for business and personal use. It has interest in over 2,500 self-storage facilities located across 38 states.
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PSA Earnings Call
Q3 2024
0:00 / 0:00
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PSA Revenue Breakdown
94.29% Self-Storage Operations
5.71% Ancillary Operations
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PSA Stock 12 Month Forecast
Average Price Target
$357.42
▲(9.87% Upside)
Technical Analysis
Best Analysts Covering PSA
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+22.36%
reiterated a buy rating 9 months ago
Copying Steve Manaker's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +22.36% per trade.
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