PSA RSI Chart
Last 7 days
-0.9%
Last 30 days
-4.6%
Last 90 days
9.2%
Trailing 12 Months
-6.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 4.3B | 4.4B | 4.4B | 4.5B |
2022 | 3.6B | 3.8B | 4.0B | 4.2B |
2021 | 3.0B | 3.1B | 3.2B | 3.4B |
2020 | 2.9B | 2.9B | 2.9B | 2.9B |
2019 | 2.8B | 2.8B | 2.8B | 2.8B |
2018 | 2.7B | 2.7B | 2.7B | 2.8B |
2017 | 2.6B | 2.6B | 2.6B | 2.7B |
2016 | 2.4B | 2.5B | 2.5B | 2.6B |
2015 | 2.2B | 2.3B | 2.3B | 2.4B |
2014 | 2.0B | 2.1B | 2.1B | 2.2B |
2013 | 1.9B | 1.9B | 1.9B | 2.0B |
2012 | 1.8B | 1.8B | 1.8B | 1.8B |
2011 | 1.7B | 1.7B | 1.7B | 1.7B |
2010 | 1.6B | 1.6B | 1.6B | 1.6B |
2009 | 1.7B | 1.7B | 1.6B | 1.6B |
2008 | 0 | 1.8B | 1.7B | 1.7B |
2007 | 0 | 0 | 0 | 1.8B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 05, 2024 | reyes john | back to issuer | - | - | -1,800 | - |
Mar 05, 2024 | havner ronald l jr | back to issuer | - | - | -5,000 | - |
Mar 04, 2024 | havner ronald l jr | gifted | - | - | -5,242 | - |
Feb 26, 2024 | boyle tom | back to issuer | - | - | -15,475 | cfo and cio |
Feb 26, 2024 | vitan nathaniel a. | back to issuer | - | - | -9,000 | chief legal officer |
Feb 26, 2024 | johnson natalia | back to issuer | - | - | -11,310 | chief administrative officer |
Feb 26, 2024 | vitan nathaniel a. | back to issuer | - | - | -9,250 | chief legal officer |
Feb 26, 2024 | russell joseph d jr | back to issuer | - | - | -23,725 | president and ceo |
Feb 16, 2024 | johnson natalia | sold (taxes) | -159,622 | 281 | -567 | chief administrative officer |
Feb 16, 2024 | boyle tom | sold (taxes) | -195,093 | 281 | -693 | cfo and cio |
Which funds bought or sold PSA recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 14, 2024 | Leo Wealth, LLC | new | - | 263,724 | 263,724 | 0.03% |
Mar 14, 2024 | ABLES, IANNONE, MOORE & ASSOCIATES, INC. | new | - | 3,050 | 3,050 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.08 | 864,421,000 | 6,322,290,000 | 0.14% |
Mar 08, 2024 | ICA Group Wealth Management, LLC | new | - | 37,411 | 37,411 | 0.01% |
Mar 08, 2024 | TRUST CO OF VERMONT | reduced | -25.56 | -40,536 | 252,235 | 0.02% |
Mar 05, 2024 | Slagle Financial, LLC | added | 101 | 209,003 | 1,320,170 | 0.76% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -3.24 | 26,456 | 246,076 | -% |
Mar 04, 2024 | Northwest Bank & Trust Co | new | - | 154,330 | 154,330 | 0.14% |
Mar 04, 2024 | Fortis Group Advisors, LLC | added | 100 | 3,465 | 6,100 | -% |
Mar 04, 2024 | TUCKER ASSET MANAGEMENT LLC | new | - | 71,980 | 71,980 | 0.02% |
Unveiling Public Storage's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Public Storage)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 92.0B | 11.1B | 67.32 | 8.26 | ||||
CCI | 45.9B | 7.0B | 30.59 | 6.58 | ||||
AVB | 26.1B | 2.8B | 28.12 | 9.43 | ||||
ARE | 21.3B | 2.9B | 205.27 | 7.37 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 10.9B | 1.3B | 29.91 | 8.25 | ||||
BXP | 9.8B | 3.3B | 51.66 | 3 | ||||
MID-CAP | ||||||||
FRT | 8.2B | 1.1B | 34.71 | 7.27 | ||||
MAC | 3.5B | 884.1M | -12.7 | 3.94 | ||||
SLG | 3.3B | 899.4M | -5.8 | 3.64 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 419.4M | 19.93 | 2.92 | ||||
MFA | 1.2B | 605.6M | 14.47 | 1.91 | ||||
AIV | 1.1B | 187.0M | -6.85 | 5.43 | ||||
NYMT | 657.8M | 258.7M | -13.52 | 2.54 | ||||
IVR | 444.9M | 277.9M | -28.05 | 1.6 |
Public Storage News
Income Statement (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.4% | 1,160 | 1,144 | 1,120 | 1,094 | 1,089 | 1,088 | 1,032 | 973 | 924 | 895 | 829 | 767 | 749 | 735 | 713 | 719 | 717 | 729 | 711 | 689 | 692 |
Costs and Expenses | 9.7% | 674 | 615 | 566 | 572 | 541 | 561 | 536 | 539 | 482 | 481 | 441 | 410 | 372 | 395 | 401 | 392 | 347 | 371 | 362 | 354 | 321 |
S&GA Expenses | -96.4% | 1.00 | 29.00 | 25.00 | 26.00 | -9.73 | 30.00 | 29.00 | 23.00 | -3.03 | 32.00 | 28.00 | 20.00 | 30.00 | 18.00 | 17.00 | 18.00 | 10.00 | 17.00 | 15.00 | 20.00 | 14.00 |
EBITDA Margin | 3.3% | 0.44* | 0.43* | 0.42* | 0.43* | 0.44* | 0.45* | 0.46* | 0.47* | 0.48* | 0.48* | 0.48* | 0.49* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 17.6% | 69.00 | 58.00 | 38.00 | 36.00 | 36.00 | 34.00 | 33.00 | 33.00 | 30.00 | 24.00 | 22.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 12.00 | 8.00 | 8.00 |
EBT Margin | -1.6% | 0.18* | 0.18* | 0.19* | 0.19* | 0.20* | 0.20* | 0.21* | 0.23* | 0.24* | 0.25* | 0.27* | 0.28* | - | - | - | - | - | - | - | - | - |
Net Income | -28.4% | 439 | 613 | 578 | 518 | 412 | 2,769 | 654 | 514 | 620 | 490 | 410 | 433 | 351 | 325 | 315 | 366 | 387 | 398 | 370 | 367 | 588 |
Net Income Margin | -0.3% | 0.48* | 0.48* | 0.97* | 1.01* | 1.04* | 1.13* | 0.60* | 0.56* | 0.57* | 0.52* | 0.49* | 0.48* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -9.6% | 792 | 876 | 882 | 697 | 736 | 927 | 798 | 656 | 729 | 684 | 621 | 509 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.3% | 19,809 | 19,876 | 17,560 | 17,508 | 17,552 | 17,451 | 17,863 | 17,699 | 17,381 | 15,285 | 14,490 | 11,982 | 11,817 | 11,385 | 12,358 | 11,826 | 11,365 | 11,414 | 11,113 | 10,875 | 10,928 |
Cash Equivalents | -41.2% | 370 | 630 | 652 | 695 | 775 | 884 | 1,014 | 941 | 735 | 958 | 481 | 160 | 258 | 294 | 1,268 | 718 | 410 | 541 | 360 | 218 | 361 |
Liabilities | 0.3% | 9,702 | 9,674 | 7,402 | 7,370 | 7,386 | 7,330 | 7,815 | 7,896 | 7,957 | 6,247 | 5,727 | 3,364 | 3,240 | 2,933 | 3,348 | 2,796 | 2,286 | 2,625 | 2,319 | 1,780 | 1,784 |
Long Term Debt | 0.8% | 9,103 | 9,030 | 6,894 | 6,899 | 6,871 | 6,740 | 7,341 | 7,442 | 7,475 | 5,773 | 4,996 | 2,996 | 2,545 | 2,500 | 2,458 | 2,439 | 1,902 | 1,892 | 1,908 | 1,406 | 1,412 |
Shareholder's Equity | -0.9% | 10,013 | 10,108 | 10,159 | 10,138 | 10,073 | 10,121 | 10,048 | 9,719 | 9,355 | 9,037 | 8,763 | 8,617 | 8,577 | 8,452 | 9,010 | 9,030 | 9,080 | 8,789 | 8,795 | 9,095 | 9,145 |
Retained Earnings | -105.2% | -267 | -130 | -167 | -168 | -110 | -122 | -182 | -436 | -550 | -771 | -863 | -877 | -914 | -867 | -789 | -701 | -665 | -650 | -648 | -615 | -577 |
Additional Paid-In Capital | 0.5% | 5,981 | 5,952 | 5,941 | 5,924 | 5,896 | 5,879 | 5,849 | 5,828 | 5,822 | 5,809 | 5,765 | 5,715 | 5,707 | 5,707 | 5,702 | 5,710 | 5,711 | 5,719 | 5,730 | 5,709 | 5,718 |
Shares Outstanding | 0.1% | 176 | 176 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | - | - | - | - | - | - | - | - | - |
Minority Interest | -0.5% | 94.00 | 94.00 | 93.00 | 92.00 | 93.00 | 94.00 | 94.00 | 21.00 | 20.00 | 20.00 | 20.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 15.00 | 26.00 | 25.00 | 25.00 |
Float | - | - | - | 43,991 | - | - | - | 47,055 | - | - | - | 45,156 | - | - | - | 29,117 | - | - | - | 35,489 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -9.6% | 792 | 876 | 882 | 697 | 736 | 927 | 798 | 656 | 729 | 684 | 621 | 509 | 513 | 528 | 539 | 463 | 500 | 552 | 545 | 470 | 492 |
Share Based Compensation | 7.8% | 10.00 | 10.00 | 12.00 | 10.00 | 12.00 | 14.00 | 17.00 | 14.00 | 12.00 | 15.00 | 18.00 | 14.00 | 12.00 | 9.00 | 7.00 | 6.00 | 6.00 | 7.00 | 6.00 | 7.00 | 18.00 |
Cashflow From Investing | 80.4% | -490 | -2,501 | -334 | -212 | -432 | 2,148 | -307 | -288 | -2,372 | -471 | -2,315 | -403 | -589 | -103 | -134 | -289 | -226 | -257 | -223 | -189 | -161 |
Cashflow From Financing | -135.0% | -561 | 1,604 | -591 | -563 | -410 | -3,205 | -416 | -161 | 1,420 | 265 | 2,016 | -202 | 41.00 | -1,399 | 147 | 135 | -404 | -114 | -179 | -423 | -402 |
Buy Backs | - | - | - | - | - | - | - | - | - | 350 | - | 525 | - | 300 | 725 | 495 | - | 190 | 288 | 288 | 285 | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Revenues | $ 4,517,690 | $ 4,182,163 | $ 3,415,824 |
Expenses: | |||
Depreciation and amortization | 970,056 | 888,146 | 713,428 |
Real estate acquisition and development expense | 26,451 | 28,744 | 12,923 |
General and administrative | 80,632 | 71,672 | 75,966 |
Interest expense | 201,132 | 136,319 | 90,774 |
Operating expenses | 2,426,217 | 2,177,788 | 1,813,689 |
Other increases (decreases) to net income: | |||
Interest and other income | 85,590 | 40,567 | 12,306 |
Equity in earnings of unconsolidated real estate entities | 27,897 | 106,981 | 232,093 |
Foreign currency exchange (loss) gain | (51,197) | 98,314 | 111,787 |
Gain on sale of real estate | 17,178 | 1,503 | 13,683 |
Gain on sale of equity investment in PS Business Parks, Inc. | 0 | 2,128,860 | 0 |
Income before income tax expense | 2,170,941 | 4,380,600 | 1,972,004 |
Income tax expense | (10,821) | (14,326) | (12,365) |
Net income | 2,160,120 | 4,366,274 | 1,959,639 |
Allocation to noncontrolling interests | (11,793) | (17,127) | (6,376) |
Net income allocable to Public Storage shareholders | 2,148,327 | 4,349,147 | 1,953,263 |
Allocation of net income to: | |||
Preferred shareholders | (194,703) | (194,390) | (186,579) |
Preferred shareholders - redemptions (Note 10) | 0 | 0 | (28,914) |
Restricted share units | (4,883) | (12,469) | (5,326) |
Net income allocable to common shareholders | $ 1,948,741 | $ 4,142,288 | $ 1,732,444 |
Net income per common share: | |||
Basic (in USD per share) | $ 11.11 | $ 23.64 | $ 9.91 |
Diluted (in USD per share) | $ 11.06 | $ 23.50 | $ 9.87 |
Basic weighted average common shares outstanding (in shares) | 175,472 | 175,257 | 174,858 |
Diluted weighted average common shares outstanding (in shares) | 176,143 | 176,280 | 175,568 |
Self-storage facilities | |||
Revenues: | |||
Revenues | $ 4,259,613 | $ 3,946,028 | $ 3,203,566 |
Expenses: | |||
Self-storage cost of operations | 1,061,950 | 980,209 | 852,030 |
Ancillary operations | |||
Revenues: | |||
Revenues | 258,077 | 236,135 | 212,258 |
Expenses: | |||
Ancillary cost of operations | $ 85,996 | $ 72,698 | $ 68,568 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and equivalents | $ 370,002 | $ 775,253 |
Real estate facilities, at cost: | ||
Land | 5,628,488 | 5,273,073 |
Buildings | 21,836,750 | 18,946,053 |
Real estate facilities, gross | 27,465,238 | 24,219,126 |
Accumulated depreciation | (9,423,974) | (8,554,155) |
Real estate facilities, net | 18,041,264 | 15,664,971 |
Construction in process | 345,453 | 372,992 |
Total real estate facilities | 18,386,717 | 16,037,963 |
Investments in unconsolidated real estate entities | 390,180 | 275,752 |
Goodwill and other intangible assets, net | 387,267 | 232,517 |
Other assets | 275,050 | 230,822 |
Total assets | 19,809,216 | 17,552,307 |
LIABILITIES AND EQUITY | ||
Notes payable | 9,103,277 | 6,870,826 |
Accrued and other liabilities | 598,993 | 514,680 |
Total liabilities | 9,702,270 | 7,385,506 |
Commitments and contingencies (Note 15) | ||
Public Storage shareholders’ equity: | ||
Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at December 31, 2022) at liquidation preference | 4,350,000 | 4,350,000 |
Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,670,727 shares issued and outstanding (175,265,668 shares at December 31, 2022) | 17,567 | 17,527 |
Paid-in capital | 5,980,760 | 5,896,423 |
Accumulated deficit | (267,910) | (110,231) |
Accumulated other comprehensive loss | (67,239) | (80,317) |
Total Public Storage shareholders’ equity | 10,013,178 | 10,073,402 |
Noncontrolling interests | 93,768 | 93,399 |
Total equity | 10,106,946 | 10,166,801 |
Total liabilities and equity | $ 19,809,216 | $ 17,552,307 |