Is Public Storage Stock a Good Investment?
Public Storage Investment Advice | PSA |
- Examine Public Storage's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Public Storage's leadership team and their track record. Good management can help Public Storage navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Self-Storage REITs space and any emerging trends that could impact Public Storage's business and its evolving consumer preferences.
- Compare Public Storage's performance and market position to its competitors. Analyze how Public Storage is positioned in terms of product offerings, innovation, and market share.
- Check if Public Storage pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Public Storage's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Public Storage stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Public Storage is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Public Storage Stock
Researching Public Storage's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 9.63. Public Storage last dividend was issued on the 13th of December 2024. The entity had 1:1 split on the 14th of August 2023.
To determine if Public Storage is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Public Storage's research are outlined below:
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Public Storages SWOT analysis largest US storage REIT faces headwinds |
Public Storage Quarterly Good Will |
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Public Storage uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Public Storage. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Public Storage's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Public Storage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Public Storage's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-08-02 | 2007-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2006-08-02 | 2006-06-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2003-08-05 | 2003-06-30 | 0.29 | 0.34 | 0.05 | 17 | ||
2007-05-03 | 2007-03-31 | 0.05 | -0.03 | -0.08 | 160 | ||
2005-03-03 | 2004-12-31 | 0.37 | 0.46 | 0.09 | 24 | ||
2009-02-26 | 2008-12-31 | 0.62 | 0.72 | 0.1 | 16 | ||
2012-11-08 | 2012-09-30 | 1.07 | 1.18 | 0.11 | 10 | ||
2012-05-03 | 2012-03-31 | 0.84 | 0.73 | -0.11 | 13 |
Know Public Storage's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Public Storage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Public Storage backward and forwards among themselves. Public Storage's institutional investor refers to the entity that pools money to purchase Public Storage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 2.8 M | Legal & General Group Plc | 2024-06-30 | 2.4 M | Apg Investments Us Inc | 2024-06-30 | 2.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.1 M | Capital Research & Mgmt Co - Division 3 | 2024-09-30 | 2.1 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-09-30 | 1.7 M | Northern Trust Corp | 2024-09-30 | 1.7 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.5 M | Ameriprise Financial Inc | 2024-06-30 | 1.3 M | Vanguard Group Inc | 2024-09-30 | 20.7 M | Blackrock Inc | 2024-06-30 | 15.8 M |
Public Storage's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 61.3 B.Market Cap |
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Public Storage's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.06 | |
| Return On Capital Employed | 0.17 | 0.13 | |
| Return On Assets | 0.11 | 0.06 | |
| Return On Equity | 0.21 | 0.23 |
Determining Public Storage's profitability involves analyzing its financial statements and using various financial metrics to determine if Public Storage is a good buy. For example, gross profit margin measures Public Storage's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Public Storage's profitability and make more informed investment decisions.
Please note, the presentation of Public Storage's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Public Storage's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Public Storage's management manipulating its earnings.
Evaluate Public Storage's management efficiency
Public Storage has Return on Asset of 0.0698 % which means that on every $100 spent on assets, it made $0.0698 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1916 %, implying that it generated $0.1916 on every 100 dollars invested. Public Storage's management efficiency ratios could be used to measure how well Public Storage manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.23, whereas Return On Tangible Assets are forecasted to decline to 0.06. At present, Public Storage's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 288.8 M, whereas Other Current Assets are projected to grow to (351.5 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 57.60 | 31.26 | |
| Tangible Book Value Per Share | 55.39 | 30.29 | |
| Enterprise Value Over EBITDA | 18.63 | 9.76 | |
| Price Book Value Ratio | 5.34 | 5.61 | |
| Enterprise Value Multiple | 18.63 | 9.76 | |
| Price Fair Value | 5.34 | 5.61 | |
| Enterprise Value | 3.6 B | 3.8 B |
Leadership at Public Storage emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0343 | Forward Dividend Yield 0.0343 | Forward Dividend Rate 12 | Beta 0.69 |
Basic technical analysis of Public Stock
As of the 28th of November, Public Storage holds the Coefficient Of Variation of 2076.92, semi deviation of 1.49, and Risk Adjusted Performance of 0.0414. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Public Storage, as well as the relationship between them.Public Storage's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Public Storage insiders, such as employees or executives, is commonly permitted as long as it does not rely on Public Storage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Public Storage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Public Storage's Outstanding Corporate Bonds
Public Storage issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Public Storage uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Public bonds can be classified according to their maturity, which is the date when Public Storage has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Public Storage 3094 Corp BondUS74460DAC39 | View | |
| US74460DAD12 Corp BondUS74460DAD12 | View | |
| PSA 15 09 NOV 26 Corp BondUS74460DAG43 | View | |
| PSA 195 09 NOV 28 Corp BondUS74460DAH26 | View | |
| PSA 225 09 NOV 31 Corp BondUS74460DAJ81 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| PSA 875 15 FEB 26 Corp BondUS74460WAA53 | View | |
| PSA 23 01 MAY 31 Corp BondUS74460WAE75 | View |
Understand Public Storage's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Public Storage's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0414 | |||
| Market Risk Adjusted Performance | (0.58) | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.49 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 2076.92 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0701 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.59) | |||
| Maximum Drawdown | 7.24 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.4 | |||
| Downside Variance | 2.65 | |||
| Semi Variance | 2.23 | |||
| Expected Short fall | (1.00) | |||
| Skewness | (0.58) | |||
| Kurtosis | 1.29 |
| Risk Adjusted Performance | 0.0414 | |||
| Market Risk Adjusted Performance | (0.58) | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.49 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 2076.92 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0701 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.59) | |||
| Maximum Drawdown | 7.24 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.4 | |||
| Downside Variance | 2.65 | |||
| Semi Variance | 2.23 | |||
| Expected Short fall | (1.00) | |||
| Skewness | (0.58) | |||
| Kurtosis | 1.29 |
Consider Public Storage's intraday indicators
Public Storage intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Public Storage stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 8182.22 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 352.96 | |||
| Day Typical Price | 352.42 | |||
| Price Action Indicator | (1.59) | |||
| Relative Strength Index | 48.33 |
Public Storage Corporate Filings
F4 | 6th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 1st of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Public Stock media impact
Far too much social signal, news, headlines, and media speculation about Public Storage that are available to investors today. That information is available publicly through Public media outlets and privately through word of mouth or via Public internal channels. However, regardless of the origin, that massive amount of Public data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Public Storage news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Public Storage relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Public Storage's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Public Storage alpha.
Public Storage Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Public Storage can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Public Storage Corporate Management
| Gary Pruitt | Lead Independent Trustee | Profile | |
| Michelle MillstoneShroff | Independent Trustee | Profile | |
| Avedick Poladian | Independent Trustee | Profile | |
| Leslie Heisz | Independent Trustee | Profile | |
| Tamara Gustavson | Trustee | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Public Stock refer to our How to Trade Public Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Storage. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 12 | Earnings Share 9.63 | Revenue Per Share 26.783 | Quarterly Revenue Growth 0.034 |
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Storage's market value can be influenced by many factors that don't directly affect Public Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Public Storage's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.