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Public Storage

PSA

Latest Trade

357.91USD

Change

-3.88(-1.07%)

Volume

161,698

Today's Range

355.82

 - 

361.00

52 Week Range

218.58

 - 

377.36

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
361.79
Open
361.00
Volume
161,698
3M AVG Volume
12.81
Today's High
361.00
Today's Low
355.82
52 Week High
377.36
52 Week Low
218.58
Shares Out (MIL)
175.35
Market Cap (MIL)
63,441.53
Forward P/E
40.97
Dividend (Yield %)
2.21

Next Event

Q4 2021 Public Storage Earnings Release

Latest Developments

More

Public Storage Prices Public Offering Of Senior Notes

Public Storage Reports Q3 EPS Of $2.52

Public Storage Q2 Earnings Per Share $1.97

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About Public Storage

Public Storage is a real estate investment trust (REIT). The Company's principal business activities include the ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as merchandise sales and tenant reinsurance to the tenants at its self-storage facilities, as well as the acquisition and development of additional self-storage space. The Company's segments include Self-Storage Operations, Ancillary Operations, Investment in PS Business Parks, Inc. (PSB) and Investment in Shurgard.

Industry

Misc. Transportation

Contact Info

701 Western Ave

GLENDALE, CA

91201-2349

United States

+1.818.2448080

http://www.publicstorage.com

Executive Leadership

Ronald L. Havner

Chairman of the Board of Trustees

Joseph Darryl Russell

President, Chief Executive Officer, Director

H. Thomas Boyle

Chief Financial Officer

David Lee

Chief Operating Officer

Nathaniel A. Vitan

Senior Vice President, Chief Legal Officer and Corporate Secretary

Key Stats

2.18 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

2.8K

2019

2.8K

2020

2.9K

2021(E)

3.4K
EPS (USD)

2018

7.670

2019

7.290

2020

6.290

2021(E)

8.831
Price To Earnings (TTM)
43.24
Price To Sales (TTM)
19.52
Price To Book (MRQ)
12.66
Price To Cash Flow (TTM)
29.82
Total Debt To Equity (MRQ)
64.02
LT Debt To Equity (MRQ)
64.02
Return on Investment (TTM)
13.14
Return on Equity (TTM)
12.67

Latest News

Latest News

Public Storage buys 56 self-storage properties for $1.5 billion

Public Storage said on Monday it bought 56 self-storage properties mainly in the Dallas-Fort Worth region from All Storage for $1.5 billion.

Public Storage acquires rival ezStorage for $1.8 billion

Public Storage said on Tuesday it had acquired smaller rival ezStorage, the operator of 48 self-storage properties in the United States, for $1.8 billion.

U.S. utilities look at improving power supply as more work from home

Public Service Group Inc is looking to strengthen the power system serving residential customers now that more people are working from home due to the coronavirus pandemic, the U.S. utility's chief executive said on Thursday.

Robinhood rival Public.com raises funds at $1.2 billion valuation as retail trading booms

Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion.

Elliott urges Public Storage to increase investment in stores

Activist hedge fund Elliott Management on Monday urged self-storage company Public Storage to increase investment in stores, employees and on customer experience to accelerate its growth.

Public Storage held talks with Elliott, which nominated six directors to its board

Public Storage said on Sunday it held talks in recent weeks with activist hedge fund Elliott, which had confidentially submitted the names of six nominees for election to the U.S.-based self-storage company's board of trustees.

UPDATE 1-Public Storage abandons $1.25 bln bid for Australian peer

Australia's largest self-storage operator, National Storage REIT, said on Wednesday that Public Storage decided not to pursue a takeover offer of $1.25 billion, because of market conditions caused by the coronavirus outbreak.

Australia's National Storage REIT says Public Storage drops $1.25 bln takeover bid

Australia's largest self-storage operator, National Storage REIT, said on Wednesday that Public Storage decided not to pursue a takeover offer of $1.25 billion, because of market conditions stemming from a coronavirus outbreak.

Public Storage only bidder left for National Storage with $1.25 billion bid

U.S.-based Public Storage <PSA.N> emerged on Friday as the likely buyer of Australia's largest self-storage operator National Storage REIT <NSR.AX> with its current A$1.89 billion ($1.25 billion) offer, after two rivals dropped out of the race.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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