Public Storage
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $270.8
- Today's High:
- $273.81
- Open Price:
- $272.61
- 52W Low:
- $263.3722
- 52W High:
- $319.5333
- Prev. Close:
- $276.59
- Volume:
- 512988
Company Statistics
- Market Cap.:
- $48.77 billion
- Book Value:
- 32.571
- Revenue TTM:
- $4.42 billion
- Operating Margin TTM:
- 52.44%
- Gross Profit TTM:
- $3.19 billion
- Profit Margin:
- 96.74%
- Return on Assets TTM:
- 8.18%
- Return on Equity TTM:
- 42.51%
Company Profile
Public Storage had its IPO on 1980-11-18 under the ticker symbol PSA.
The company operates in the Real Estate sector and REIT-Industrial industry. Public Storage has a staff strength of 5,900 employees.
Stock update
Shares of Public Storage opened at $272.61 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $270.8 - $273.81, and closed at $272.49.
This is a -1.48% slip from the previous day's closing price.
A total volume of 512,988 shares were traded at the close of the day’s session.
In the last one week, shares of Public Storage have slipped by -1.2%.
Public Storage's Key Ratios
Public Storage has a market cap of $48.77 billion, indicating a price to book ratio of 9.2869 and a price to sales ratio of 12.8644.
In the last 12-months Public Storage’s revenue was $4.42 billion with a gross profit of $3.19 billion and an EBITDA of $3.21 billion. The EBITDA ratio measures Public Storage's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Public Storage’s operating margin was 52.44% while its return on assets stood at 8.18% with a return of equity of 42.51%.
In Q2, Public Storage’s quarterly earnings growth was a negative -12.3% while revenue growth was a positive 7%.
Public Storage’s PE and PEG Ratio
- Forward PE
- 26.5957
- Trailing PE
- 11.9736
- PEG
- 2.7438
Its diluted EPS in the last 12-months stands at $23.1 per share while it has a forward price to earnings multiple of 26.5957 and a PEG multiple of 2.7438. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Public Storage’s profitability.
Public Storage stock is trading at a EV to sales ratio of 15.6622 and a EV to EBITDA ratio of 11.2975. Its price to sales ratio in the trailing 12-months stood at 12.8644.
Public Storage stock pays annual dividends of $10 per share, indicating a yield of 4.39% and a payout ratio of 99.91%.
Balance sheet and cash flow metrics
- Total Assets
- $17.56 billion
- Total Liabilities
- $507.59 million
- Operating Cash Flow
- $-334962000.00
- Capital Expenditure
- $101.58 million
- Dividend Payout Ratio
- 99.91%
Public Storage ended 2024 with $17.56 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.56 billion while shareholder equity stood at $10.07 billion.
Public Storage ended 2024 with $0 in deferred long-term liabilities, $507.59 million in other current liabilities, 17549000.00 in common stock, $-167404000.00 in retained earnings and $165.84 million in goodwill. Its cash balance stood at $651.67 million and cash and short-term investments were $651.67 million. The company’s total short-term debt was $0 while long-term debt stood at $6.89 billion.
Public Storage’s total current assets stands at $651.67 million while long-term investments were $276.78 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $507.59 million and inventory worth $0.
In 2024, Public Storage's operating cash flow was $-334962000.00 while its capital expenditure stood at $101.58 million.
Comparatively, Public Storage paid $1.00 in dividends in 2024.
Other key metrics
- Current Trading Price
- $272.49
- 52-Week High
- $319.5333
- 52-Week Low
- $263.3722
- Analyst Target Price
- $339.25
Public Storage stock is currently trading at $272.49 per share. It touched a 52-week high of $319.5333 and a 52-week low of $319.5333. Analysts tracking the stock have a 12-month average target price of $339.25.
Its 50-day moving average was $283.57 and 200-day moving average was $286.88 The short ratio stood at 4.64 indicating a short percent outstanding of 0%.
Around 1012.8% of the company’s stock are held by insiders while 8254.8% are held by institutions.
Frequently Asked Questions About Public Storage
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About
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 June 30, 2023, we had: (i) interests in 2,888 self-storage facilities located in 40 states with approximately 206 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 266 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.