Public Storage Stock Today

PSA Stock  USD 348.05  3.31  0.94%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 11

 
High
 
Low
Low
Public Storage is trading at 348.05 as of the 30th of November 2024, a 0.94 percent decrease since the beginning of the trading day. The stock's open price was 351.36. Public Storage has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Public Storage's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
18th of November 1980
Category
Real Estate
Public Storage, a member of the SP 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. The company has 175.11 M outstanding shares of which 3.15 M shares are at this time shorted by investors with about 4.16 days to cover. More on Public Storage

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Moving against Public Stock

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Public Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJoseph Russell
Thematic IdeaFinTech (View all Themes)
Old NamePetsec Energy Ltd
Business ConcentrationSelf-Storage REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, FinTech, Real Estate, Specialized REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06320.1085
Way Down
Slightly volatile
Asset Turnover0.140.2281
Way Down
Pretty Stable
Gross Profit Margin0.780.7426
Sufficiently Up
Slightly volatile
Total Current Liabilities363.5 M599 M
Way Down
Slightly volatile
Non Current Liabilities Total9.6 B9.1 B
Sufficiently Up
Slightly volatile
Total Assets20.8 B19.8 B
Sufficiently Up
Slightly volatile
Total Current Assets378.5 M370 M
Fairly Up
Slightly volatile
Total Cash From Operating Activities3.4 B3.2 B
Sufficiently Up
Slightly volatile
Debt Levels
Public Storage can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Public Storage's financial leverage. It provides some insight into what part of Public Storage's total assets is financed by creditors.
Liquidity
Public Storage has 9.1 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. Public Storage has a current ratio of 1.05, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Public to invest in growth at high rates of return.

Change In Cash

(384.54 Million)
Public Storage (PSA) is traded on New York Stock Exchange in USA. It is located in 701 Western Avenue, Glendale, CA, United States, 91201-2349 and employs 6,200 people. Public Storage is listed under Self-Storage REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 61.53 B. Public Storage runs under Specialized REITs sector within Real Estate industry. The entity has 175.11 M outstanding shares of which 3.15 M shares are at this time shorted by investors with about 4.16 days to cover. Public Storage has about 775.25 M in cash with 3.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.78.
Check Public Storage Probability Of Bankruptcy
Ownership Allocation
Public Storage owns a total of 175.11 Million outstanding shares. The majority of Public Storage outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Public Storage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Public Storage. Please pay attention to any change in the institutional holdings of Public Storage as this could imply that something significant has changed or is about to change at the company. Please note that on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Public Storage's common stock.
Check Public Ownership Details

Public Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
2.8 M
Legal & General Group Plc2024-06-30
2.4 M
Apg Investments Us Inc2024-06-30
2.2 M
Dimensional Fund Advisors, Inc.2024-09-30
2.1 M
Capital Research & Mgmt Co - Division 32024-09-30
2.1 M
Barrow Hanley Mewhinney & Strauss Llc2024-09-30
1.7 M
Northern Trust Corp2024-09-30
1.7 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.5 M
Ameriprise Financial Inc2024-06-30
1.3 M
Vanguard Group Inc2024-09-30
20.7 M
Blackrock Inc2024-06-30
15.8 M
View Public Storage Diagnostics

Public Storage Historical Income Statement

At present, Public Storage's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 4.7 B, whereas Selling General Administrative is forecasted to decline to about 43.7 M. View More Fundamentals

Public Stock Against Markets

Public Storage Corporate Management

Gary PruittLead Independent TrusteeProfile
Michelle MillstoneShroffIndependent TrusteeProfile
Avedick PoladianIndependent TrusteeProfile
Leslie HeiszIndependent TrusteeProfile
Tamara GustavsonTrusteeProfile
When determining whether Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
9.64
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.
Please note, there is a significant difference between Public Storage's value and its price as these two are different measures arrived at by different 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.