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PSA

PSA - Public Storage Stock Price, Fair Value and News

262.09USD-3.67 (-1.38%)Market Closed

Market Summary

PSA
USD262.09-3.67
Market Closed
-1.38%

PSA Stock Price

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PSA RSI Chart

PSA Valuation

Market Cap

46.0B

Price/Earnings (Trailing)

21.43

Price/Sales (Trailing)

10.19

EV/EBITDA

16.39

Price/Free Cashflow

14.18

PSA Price/Sales (Trailing)

PSA Profitability

EBT Margin

48.05%

Return on Equity

21.45%

Return on Assets

10.85%

Free Cashflow Yield

7.05%

PSA Fundamentals

PSA Revenue

Revenue (TTM)

4.5B

Rev. Growth (Yr)

6.55%

Rev. Growth (Qtr)

1.4%

PSA Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

6.53%

Earnings Growth (Qtr)

-28.37%

Breaking Down PSA Revenue

Last 7 days

-10.6%

Last 30 days

-5.4%

Last 90 days

-11.0%

Trailing 12 Months

-11%

How does PSA drawdown profile look like?

PSA Financial Health

Debt/Equity

0.91

Debt/Cashflow

0.36

PSA Investor Care

Dividend Yield

4.58%

Dividend/Share (TTM)

12

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

11.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.3B4.4B4.4B4.5B
20223.6B3.8B4.0B4.2B
20213.0B3.1B3.2B3.4B
20202.9B2.9B2.9B2.9B
20192.8B2.8B2.8B2.8B
20182.7B2.7B2.7B2.8B
20172.6B2.6B2.6B2.7B
20162.4B2.5B2.5B2.6B
20152.2B2.3B2.3B2.4B
20142.0B2.1B2.1B2.2B
20131.9B1.9B1.9B2.0B
20121.8B1.8B1.8B1.8B
20111.7B1.7B1.7B1.7B
20101.6B1.6B1.6B1.6B
20091.7B1.7B1.6B1.6B
200801.8B1.7B1.7B
20070001.8B
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Tracking the Latest Insider Buys and Sells of Public Storage

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
havner ronald l jr
sold (taxes)
-87,096
286
-304
-
Mar 31, 2024
spogli ronald p
acquired
42,638
290
147
-
Mar 31, 2024
williams paul s
acquired
20,014
290
69.00
-
Mar 31, 2024
mitra shankh
acquired
33,356
290
115
-
Mar 31, 2024
reyes john
acquired
30,166
290
104
-
Mar 31, 2024
havner ronald l jr
acquired
30,166
290
104
-
Mar 31, 2024
neithercut david j
acquired
39,448
290
136
-
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
-

1–10 of 50

Which funds bought or sold PSA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
BURKE & HERBERT BANK & TRUST CO
sold off
-100
-229,360
-
-%
Apr 15, 2024
Ellsworth Advisors, LLC
added
4.07
-431,461
5,608,560
1.61%
Apr 15, 2024
S.A. Mason LLC
added
10.74
10,719
212,324
0.13%
Apr 15, 2024
Andina Capital Management, LLC
new
-
210,294
210,294
0.16%
Apr 15, 2024
ATLAS CAPITAL ADVISORS LLC
unchanged
-
-120
2,320
-%
Apr 15, 2024
Etesian Wealth Advisors, Inc.
unchanged
-
-17,740
290,060
0.17%
Apr 15, 2024
Procyon Advisors, LLC
added
10.62
115,148
2,333,120
0.18%
Apr 15, 2024
G&S Capital LLC
added
109
299,649
601,294
0.27%
Apr 15, 2024
KINGSWOOD WEALTH ADVISORS, LLC
added
12.21
34,036
541,251
0.06%
Apr 15, 2024
SIGNET FINANCIAL MANAGEMENT, LLC
added
2.08
-16,699
554,803
0.08%

1–10 of 49

Are Funds Buying or Selling PSA?

Are funds buying PSA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PSA
No. of Funds

Unveiling Public Storage's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cohen & steers, inc.
0.91%
1,607,706
SC 13G/A
Feb 13, 2024
vanguard group inc
11.79%
20,726,179
SC 13G/A
Jan 30, 2024
state street corp
6.51%
11,446,962
SC 13G/A
Jan 24, 2024
blackrock inc.
9.2%
16,202,474
SC 13G/A
Feb 14, 2023
cohen & steers, inc.
5.15%
9,044,538
SC 13G/A
Feb 09, 2023
vanguard group inc
11.74%
20,619,751
SC 13G/A
Jan 31, 2023
state street corp
6.47%
11,358,471
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
16,781,174
SC 13G
Feb 14, 2022
cohen & steers, inc.
7.04%
12,350,095
SC 13G/A
Feb 11, 2022
state street corp
6.05%
10,610,525
SC 13G/A

Recent SEC filings of Public Storage

View All Filings
Date Filed Form Type Document
Apr 16, 2024
8-K
Current Report
Apr 11, 2024
424B5
Prospectus Filed
Apr 11, 2024
8-K
Current Report
Apr 10, 2024
4
Insider Trading
Apr 09, 2024
424B5
Prospectus Filed
Apr 09, 2024
FWP
Prospectus Filed
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Public Storage)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
80.3B
11.1B
-12.74% -17.55%
58.74
7.21
4.04% -19.43%
40.8B
7.0B
-11.16% -28.91%
27.17
5.84
-0.07% -10.36%
25.4B
2.8B
-2.64% 2.84%
27.37
9.18
6.73% -18.30%
20.1B
2.9B
-5.50% -5.37%
193.97
6.97
11.46% -80.13%
12.6B
1.6B
-4.41% 4.68%
29.05
7.81
7.80% 39.39%
10.5B
1.3B
-3.55% -5.82%
28.85
7.95
8.04% -24.50%
9.1B
3.3B
-7.43% 9.20%
47.83
2.78
5.31% -77.32%
MID-CAP
8.0B
1.1B
-2.65% -1.41%
33.79
7.07
5.38% -38.52%
3.4B
884.1M
-2.05% 57.21%
-12.44
3.86
2.90% -314.82%
3.1B
899.4M
-4.37% 105.86%
-5.54
3.48
-0.45% -623.11%
SMALL-CAP
1.2B
441.2M
-3.87% 11.51%
19.16
2.81
4.38% 15.77%
1.1B
198.2M
4.97% 0.64%
-7.19
5.71
-43.33% -270.70%
1.0B
605.6M
-9.86% 0.10%
13.04
1.73
25.53% 134.62%
613.1M
258.7M
-6.80% -33.92%
-12.6
2.37
0.11% 83.70%
392.5M
277.9M
-11.76% -23.30%
-24.75
1.41
44.33% 96.06%

Public Storage News

Latest updates
Defense World3 hours ago
Zacks Investment Research01 Apr 202401:31 pm

Public Storage Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.4%1,1601,1441,1201,0941,0891,0881,032973924895829767749735713719717729711689692
Costs and Expenses9.7%674615566572541561536539482481441410372395401392347371362354321
  S&GA Expenses-96.4%1.0029.0025.0026.00-9.7330.0029.0023.00-3.0332.0028.0020.0030.0018.0017.0018.0010.0017.0015.0020.0014.00
EBITDA Margin-0.74*-0.42*0.43*0.44*0.45*0.46*0.47*0.48*0.48*0.48*0.49*0.49*--------
Interest Expenses17.6%69.0058.0038.0036.0036.0034.0033.0033.0030.0024.0022.0015.0014.0014.0014.0014.0013.0013.0012.008.008.00
EBT Margin-0.48*-0.19*0.19*0.20*0.20*0.21*0.23*0.24*0.25*0.27*0.28*0.28*--------
Net Income-28.4%4396135785184122,769654514620490410433351325315366387398370367588
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%792876882697736927798656729684621509---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.3%19,80919,87617,56017,50817,55217,45117,86317,69917,38115,28514,49011,98211,81711,38512,35811,82611,36511,41411,11310,87510,928
    Cash Equivalents-41.2%3706306526957758841,0149417359584811602582941,268718410541360218361
Liabilities0.3%9,7029,6747,4027,3707,3867,3307,8157,8967,9576,2475,7273,3643,2402,9333,3482,7962,2862,6252,3191,7801,784
  Long Term Debt0.8%9,1039,0306,8946,8996,8716,7407,3417,4427,4755,7734,9962,9962,5452,5002,4582,4391,9021,8921,9081,4061,412
Shareholder's Equity-0.9%10,01310,10810,15910,13810,07310,12110,0489,7199,3559,0378,7638,6178,5778,4529,0109,0309,0808,7898,7959,0959,145
  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 Capital0.5%5,9815,9525,9415,9245,8965,8795,8495,8285,8225,8095,7655,7155,7075,7075,7025,7105,7115,7195,7305,7095,718
Shares Outstanding0.1%176176175175175175175175175175175175---------
Minority Interest-0.5%94.0094.0093.0092.0093.0094.0094.0021.0020.0020.0020.0019.0018.0018.0018.0017.0017.0015.0026.0025.0025.00
Float---43,991---47,055---45,156---29,117---35,489--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-9.6%792876882697736927798656729684621509513528539463500552545470492
  Share Based Compensation7.8%10.0010.0012.0010.0012.0014.0017.0014.0012.0015.0018.0014.0012.009.007.006.006.007.006.007.0018.00
Cashflow From Investing80.4%-490-2,501-334-212-4322,148-307-288-2,372-471-2,315-403-589-103-134-289-226-257-223-189-161
Cashflow From Financing-135.0%-5611,604-591-563-410-3,205-416-1611,4202652,016-20241.00-1,399147135-404-114-179-423-402
  Buy Backs---------350-525-300725495-190288288285-

PSA Income Statement

2023-12-31
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 amortization970,056888,146713,428
Real estate acquisition and development expense26,45128,74412,923
General and administrative80,63271,67275,966
Interest expense201,132136,31990,774
Operating expenses2,426,2172,177,7881,813,689
Other increases (decreases) to net income:   
Interest and other income85,59040,56712,306
Equity in earnings of unconsolidated real estate entities27,897106,981232,093
Foreign currency exchange (loss) gain(51,197)98,314111,787
Gain on sale of real estate17,1781,50313,683
Gain on sale of equity investment in PS Business Parks, Inc.02,128,8600
Income before income tax expense2,170,9414,380,6001,972,004
Income tax expense(10,821)(14,326)(12,365)
Net income2,160,1204,366,2741,959,639
Allocation to noncontrolling interests(11,793)(17,127)(6,376)
Net income allocable to Public Storage shareholders2,148,3274,349,1471,953,263
Allocation of net income to:   
Preferred shareholders(194,703)(194,390)(186,579)
Preferred shareholders - redemptions (Note 10)00(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)175,472175,257174,858
Diluted weighted average common shares outstanding (in shares)176,143176,280175,568
Self-storage facilities   
Revenues:   
Revenues$ 4,259,613$ 3,946,028$ 3,203,566
Expenses:   
Self-storage cost of operations1,061,950980,209852,030
Ancillary operations   
Revenues:   
Revenues258,077236,135212,258
Expenses:   
Ancillary cost of operations$ 85,996$ 72,698$ 68,568

PSA Balance Sheet

2023-12-31
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:  
Land5,628,4885,273,073
Buildings21,836,75018,946,053
Real estate facilities, gross27,465,23824,219,126
Accumulated depreciation(9,423,974)(8,554,155)
Real estate facilities, net18,041,26415,664,971
Construction in process345,453372,992
Total real estate facilities18,386,71716,037,963
Investments in unconsolidated real estate entities390,180275,752
Goodwill and other intangible assets, net387,267232,517
Other assets275,050230,822
Total assets19,809,21617,552,307
LIABILITIES AND EQUITY  
Notes payable9,103,2776,870,826
Accrued and other liabilities598,993514,680
Total liabilities9,702,2707,385,506
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 preference4,350,0004,350,000
Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,670,727 shares issued and outstanding (175,265,668 shares at December 31, 2022)17,56717,527
Paid-in capital5,980,7605,896,423
Accumulated deficit(267,910)(110,231)
Accumulated other comprehensive loss(67,239)(80,317)
Total Public Storage shareholders’ equity10,013,17810,073,402
Noncontrolling interests93,76893,399
Total equity10,106,94610,166,801
Total liabilities and equity$ 19,809,216$ 17,552,307
PSA
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 June 30, 2023, we had: (i) interests in 2,888 self-storage facilities located in 40 states with approximately 206 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 266 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.
 CEO
 WEBSITEpublicstorage.com
 INDUSTRYREIT Mortgage
 EMPLOYEES5900

Public Storage Frequently Asked Questions


What is the ticker symbol for Public Storage? What does PSA stand for in stocks?

PSA is the stock ticker symbol of Public Storage. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Public Storage (PSA)?

As of Tue Apr 16 2024, market cap of Public Storage is 46.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PSA stock?

You can check PSA's fair value in chart for subscribers.

What is the fair value of PSA stock?

You can check PSA's fair value in chart for subscribers. The fair value of Public Storage is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Public Storage is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PSA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Public Storage a good stock to buy?

The fair value guage provides a quick view whether PSA is over valued or under valued. Whether Public Storage is cheap or expensive depends on the assumptions which impact Public Storage's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PSA.

What is Public Storage's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, PSA's PE ratio (Price to Earnings) is 21.43 and Price to Sales (PS) ratio is 10.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PSA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Public Storage's stock?

In the past 10 years, Public Storage has provided 0.076 (multiply by 100 for percentage) rate of return.