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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. more
| Time Frame | PSA | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | -1.06% | -0.85% | 0.86% |
| 1-Month Return | -9.44% | -6.82% | -2.34% |
| 3-Month Return | -7.94% | -5.14% | 4.25% |
| 6-Month Return | 10.97% | 13.48% | 23.68% |
| 1-Year Return | -7.47% | 0.22% | 24.66% |
| 3-Year Return | 5.76% | -6.79% | 28% |
| 5-Year Return | 44.56% | 18.59% | 88.59% |
| 10-Year Return | 116.57% | 60.62% | 226.28% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 2.85B | 2.92B | 3.42B | 4.18B | 4.52B | [{"date":"2019-12-31","value":63.02,"profit":true},{"date":"2020-12-31","value":64.53,"profit":true},{"date":"2021-12-31","value":75.61,"profit":true},{"date":"2022-12-31","value":92.57,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Cost of Revenue | 796.78M | 867.46M | 920.60M | 1.05B | 1.15B | [{"date":"2019-12-31","value":69.41,"profit":true},{"date":"2020-12-31","value":75.57,"profit":true},{"date":"2021-12-31","value":80.2,"profit":true},{"date":"2022-12-31","value":91.72,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Profit | 2.05B | 2.05B | 2.50B | 3.13B | 3.37B | [{"date":"2019-12-31","value":60.84,"profit":true},{"date":"2020-12-31","value":60.76,"profit":true},{"date":"2021-12-31","value":74.05,"profit":true},{"date":"2022-12-31","value":92.86,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Margin | 72.01% | 70.24% | 73.05% | 74.82% | 74.59% | [{"date":"2019-12-31","value":96.24,"profit":true},{"date":"2020-12-31","value":93.88,"profit":true},{"date":"2021-12-31","value":97.63,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":99.69,"profit":true}] |
| Operating Expenses | 584.90M | 636.46M | 814.68M | 1.00B | 1.05B | [{"date":"2019-12-31","value":55.67,"profit":true},{"date":"2020-12-31","value":60.58,"profit":true},{"date":"2021-12-31","value":77.54,"profit":true},{"date":"2022-12-31","value":95.45,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Income | 1.56B | 1.51B | 1.92B | 2.27B | 3.22B | [{"date":"2019-12-31","value":48.58,"profit":true},{"date":"2020-12-31","value":47.05,"profit":true},{"date":"2021-12-31","value":59.83,"profit":true},{"date":"2022-12-31","value":70.67,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Total Non-Operating Income/Expense | (54.68M) | (186.70M) | (43.77M) | 1.98B | (148.12M) | [{"date":"2019-12-31","value":-2.77,"profit":false},{"date":"2020-12-31","value":-9.44,"profit":false},{"date":"2021-12-31","value":-2.21,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-7.49,"profit":false}] |
| Pre-Tax Income | 1.53B | 1.36B | 1.96B | 4.37B | 2.17B | [{"date":"2019-12-31","value":34.94,"profit":true},{"date":"2020-12-31","value":31.18,"profit":true},{"date":"2021-12-31","value":44.88,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":49.72,"profit":true}] |
| Income Taxes | 120.31M | 140.79M | 329.24M | 2.21B | 10.82M | [{"date":"2019-12-31","value":5.44,"profit":true},{"date":"2020-12-31","value":6.37,"profit":true},{"date":"2021-12-31","value":14.89,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":0.49,"profit":true}] |
| Income After Taxes | 1.41B | 1.22B | 1.63B | 2.15B | 2.16B | [{"date":"2019-12-31","value":65.06,"profit":true},{"date":"2020-12-31","value":56.5,"profit":true},{"date":"2021-12-31","value":75.48,"profit":true},{"date":"2022-12-31","value":99.75,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Income From Continuous Operations | 1.52B | 1.46B | 1.85B | 4.37B | 2.16B | [{"date":"2019-12-31","value":34.76,"profit":true},{"date":"2020-12-31","value":33.42,"profit":true},{"date":"2021-12-31","value":42.32,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":49.47,"profit":true}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | 1.52B | 1.36B | 1.95B | 4.35B | 2.15B | [{"date":"2019-12-31","value":34.96,"profit":true},{"date":"2020-12-31","value":31.21,"profit":true},{"date":"2021-12-31","value":44.91,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":49.4,"profit":true}] |
| EPS (Diluted) | 7.29 | 6.28 | 9.87 | 11.41 | 11.06 | [{"date":"2019-12-31","value":63.89,"profit":true},{"date":"2020-12-31","value":55.04,"profit":true},{"date":"2021-12-31","value":86.5,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":96.93,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| PSA | |
|---|---|
| Cash Ratio | 0.62 |
| Current Ratio | 0.62 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| PSA | |
|---|---|
| ROA (LTM) | 7.80% |
| ROE (LTM) | 21.31% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| PSA | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.49 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.51 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| PSA | |
|---|---|
| Trailing PE | 23.75 |
| Forward PE | 26.04 |
| P/S (TTM) | 10.55 |
| P/B | 8.44 |
| Price/FCF | 71 |
| EV/R | 13.48 |
| EV/Ebitda | 18.22 |
Public Storage (NYSE: PSA ) just reported results for the first quarter of 2024. Public Storage reported earnings per share of $4.03. This was below the analyst estimate for EPS of $4.09. The company reported revenue of $1.09 billion. This was 5.56% worse than the analyst estimate for revenue of $1.15 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. It doesn’t matter if you have $500 or $5 million.
WASHINGTON (dpa-AFX) - Public Storage (PSA) Tuesday reported first-quarter net income of $459.2 million or $2.60 per share, compared to $467.6 million or $2.65 per share last year.Funds from opera…
It’s been an unexpectedly difficult year for the real estate investment trust ( REIT ) sector. REITs have historically outperformed the stock market over long stretches of the past 50 years. However, most of that outperformance came during a period of persistently declining interest rates. This makes sense as REITs tend to carry a lot of debt on their balance sheets to fund their property holdings. Thus, lower interest rates cause their interest burden to decline while simultaneously increasing the value of their properties thanks to improving cap rates . Unfortunately, this favorable math has gone into reverse over the past two years as interest rates have soared. Interest expenses are rising while the value of many classes of commercial real estate is slumping. The good news is that interest rates may be topping out. Additionally, the Federal Reserve may be looking to cut interest rates later this year. Here are seven REITs to buy now which will benefit from these developments. Public Storage (PSA) Source: Shutterstock Public Storage (NYSE: PSA ) is the largest self-storage REIT in the United States.
In this article, we will take a look at the 5 largest real estate companies in the world. If you wish to see our detailed analysis, you can go to 21 Largest Real Estate Companies in the World. 5. Public Storage (NYSE:PSA) Market Capitalization: $47.82 Billion Public Storage (NYSE:PSA) is run as a real estate […]
Public Storage (NYSE:PSA, the “Company”) announced today that the Company’s subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of $1.0 billion aggregate principal amount of senior notes (the “Notes”). The Notes will be guaranteed by the Company. The Notes will be issued in two tranches with an initial weighted average interest rate of approximately Jetzt den vollständigen Artikel lesen
Public Storage (NYSE:PSA) announced today it intends to release its first quarter 2024 earnings results after the market close on Tuesday, April 30, 2024. A conference call is scheduled for Wednesday, May 1, 2024, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: Jetzt den vollständigen Artikel lesen
Investing in real estate has been a popular investment approach for decades. The basic way of investing in the real estate market is to buy a house. An easier way is to invest through a real estate investment trust ( REIT ). In this blog post, we look at three REIT stocks that offer you solid exposure to the real estate market in the United States. Generally speaking, the potential return on real estate investments is influenced by a variety of factors, with market conditions playing a pivotal role. Supply and demand significantly affect market dynamics; limited supply and high demand lead to price increases, enhancing seller returns. Interest rates, closely tied to Federal Reserve policies, also have a substantial effect. Higher interest rates can depress the real estate market, lowering demand and selling prices, thus reducing profit margins. An investment strategy is key, with different approaches yielding varying returns. In the U.S., the median annual return on real estate stands at 8.6%.
Public Storage (PSA) share price today is $259.45
Yes, Indians can buy shares of Public Storage (PSA) on Vested. To buy Public Storage from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in PSA stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Public Storage (PSA) via the Vested app. You can start investing in Public Storage (PSA) with a minimum investment of $1.
You can invest in shares of Public Storage (PSA) via Vested in three simple steps:
The 52-week high price of Public Storage (PSA) is $309.04. The 52-week low price of Public Storage (PSA) is $228.28.
The price-to-earnings (P/E) ratio of Public Storage (PSA) is
The price-to-book (P/B) ratio of Public Storage (PSA) is 8.44
The dividend yield of Public Storage (PSA) is 4.56%
The market capitalization of Public Storage (PSA) is $45.62B
The stock symbol (or ticker) of Public Storage is PSA
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