PSA icon

Public Storage

302.61 USD
-0.27
0.09%
At close Feb 7, 4:00 PM EST
After hours
300.16
-2.45
0.81%
1 day
-0.09%
5 days
1.86%
1 month
1.48%
3 months
-9.16%
6 months
-2.43%
Year to date
2.03%
1 year
7.61%
5 years
34.36%
10 years
49.36%
 

About: Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.

Employees: 6,200

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

104% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 72

64% more funds holding in top 10

Funds holding in top 10: 14 [Q2] → 23 (+9) [Q3]

27% more capital invested

Capital invested by funds: $41B [Q2] → $52B (+$11B) [Q3]

6% more funds holding

Funds holding: 1,046 [Q2] → 1,106 (+60) [Q3]

1.3% more ownership

Funds ownership: 81.25% [Q2] → 82.55% (+1.3%) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 416 | Existing positions reduced: 381

15% less call options, than puts

Call options by funds: $90.8M | Put options by funds: $107M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$340
12%
upside
Avg. target
$348
15%
upside
High target
$361
19%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Barclays
Brendan Lynch
55% 1-year accuracy
17 / 31 met price target
19%upside
$361
Overweight
Maintained
13 Jan 2025
Truist Securities
Ki Bin Kim
56% 1-year accuracy
18 / 32 met price target
12%upside
$340
Hold
Maintained
5 Dec 2024
RBC Capital
Brad Heffern
42% 1-year accuracy
15 / 36 met price target
14%upside
$344
Sector Perform
Maintained
8 Nov 2024

Financial journalist opinion

Based on 6 articles about PSA published over the past 30 days

Neutral
Business Wire
1 week ago
Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A conference call is scheduled for Tuesday, February 25, 2025, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: (877) 407-9039 International dial-in number: (201) 689-8470 Webcast: Event Calendar     Conference call replay Domestic dial-in number: (844) 512-2921 In.
Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call
Positive
Zacks Investment Research
1 week ago
Is it Wise to Retain Public Storage Stock in Your Portfolio Now?
A high brand value in the need-based self-storage industry and strategic acquisitions are PSA's strengths. Softer demand and high interest expenses ail.
Is it Wise to Retain Public Storage Stock in Your Portfolio Now?
Neutral
Business Wire
2 weeks ago
Public Storage Announces Tax Treatment of 2024 Dividends
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2024 dividends. For the tax year ended December 31, 2024, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:   2024   1st Quarter   2nd Quarter   3rd Quarter   4th Quarter                 Ordinary Dividends 100.0000%   100.0000%   100.0000%   100.0000% Capital Gain Distributions 0.0000%   0.0000%   0.0000%   0.0000%        .
Public Storage Announces Tax Treatment of 2024 Dividends
Positive
Seeking Alpha
2 weeks ago
Hidden Gems: 2 Must-Buy REITs Right Now
Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying.
Hidden Gems: 2 Must-Buy REITs Right Now
Positive
Barrons
3 weeks ago
Real Estate Stocks Bounce as Bond Yields Plunge. Consider These REITs.
The real estate sector has gotten cheap.
Real Estate Stocks Bounce as Bond Yields Plunge. Consider These REITs.
Neutral
The Motley Fool
3 weeks ago
1 Magnificent S&P 500 Dividend Stock Down 30%: 4 Reasons to Buy Public Storage in 2025 and Hold Forever
Between 2020 and 2022, leading self-storage real estate investment trust (REIT) Public Storage (PSA -2.19%) saw its share price more than double thanks to a pandemic-aided boom. Since then, however, Public Storage's stock has dropped roughly 30% from its highs.
1 Magnificent S&P 500 Dividend Stock Down 30%: 4 Reasons to Buy Public Storage in 2025 and Hold Forever
Positive
Seeking Alpha
1 month ago
Ready, Set, REIT: Why 2025 Could Be A Breakout Year
The commercial real estate sector, valued at $26 trillion, offers diverse opportunities despite low growth and commoditized assets, with REITs providing accessible and liquid investment options. Rising interest rates have pressured REIT performance, yet current valuations present attractive opportunities, especially in sectors like data centers, telecommunications, and warehousing. Despite a challenging 2024, REITs remain financially robust with low leverage and strong access to capital, positioning them well for a potential rebound.
Ready, Set, REIT: Why 2025 Could Be A Breakout Year
Positive
Zacks Investment Research
1 month ago
OUT vs. PSA: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Outfront Media (OUT) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?
OUT vs. PSA: Which Stock Is the Better Value Option?
Positive
The Motley Fool
1 month ago
5 Magnificent Dividend Growth Stocks Down 24% to 41% to Buy Before 2025 for a Lifetime of Passive Income
If you're an investor looking to grow your long-term passive income prospects, the five stocks in this article could be perfect to add to your portfolio before 2025.
5 Magnificent Dividend Growth Stocks Down 24% to 41% to Buy Before 2025 for a Lifetime of Passive Income
Positive
Zacks Investment Research
1 month ago
OUT or PSA: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Outfront Media (OUT) or Public Storage (PSA). But which of these two companies is the best option for those looking for undervalued stocks?
OUT or PSA: Which Is the Better Value Stock Right Now?
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