Public Storage
Public Storage
Your view on PSA-PN
Overview
What the company does, where it operates, and who runs it.
About Public Storage
- Industry
- REIT - Industrial
- Sector
- Real Estate
- CEO
- H. Thomas Boyle
- Headquarters
- 2811 Internet Boulevard, Frisco, TX, US
- Industry
- REIT - Industrial
- Sector
- Real Estate
- CEO
- H. Thomas Boyle
- Headquarters
- 2811 Internet Boulevard, Frisco, TX, US
Public Storage is a prominent real estate investment trust (REIT) focused primarily on the acquisition, development, ownership, and operation of self-storage facilities. Recognized as a constituent of both the S&P 500 and FT Global 500 indices, the company reported a substantial portfolio as of September 30, 2020.
This included direct ownership of approximately 2,504 self-storage properties across 38 U.S. states, encompassing a vast 171 million net rentable square feet.
Beyond its domestic presence, Public Storage maintained a significant common equity stake of roughly 35% in Shurgard Self Storage SA (Euronext Brussels:SHUR), which operated 239 self-storage locations under the "Shurgard" brand across seven Western European nations, offering approximately 13 million net rentable square feet.
Additionally, the REIT held an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, at the same date, managed roughly 28 million rentable square feet of commercial properties. The corporate headquarters for Public Storage is situated in Glendale, California.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Public Storage, and the rating behind it. PSA-PN last traded at $13.59, 27.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Public Storage. Starting points for Public Storage: P/E 27.2, EPS $11.64, beta 0.95 — an REIT - Industrial name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Public Storage. Public Storage paid $0.97 per share over the last year — a 7.1% yield at the current $13.59 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Public Storage. Trailing twelve-month EPS for Public Storage stands at $11.64. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Public Storage. Public Storage has reported as a listed company since 2020. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Public Storage valued side by side against its closest peers. Public Storage is measured against REIT - Industrial peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Public Storage, and how their positions are changing. At a $55.21B market value, institutional positions materially move Public Storage's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Public Storage executives and directors. Shares of Public Storage have traded between $14.69 and $17.02 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Public Storage. Public Storage is a $55.21B Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Public Storage. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Public Storage. Coverage tracks Public Storage within REIT - Industrial (Real Estate). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.