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Public Storage PSA
Real Estate - REIT - Industrial - NYSE - US
Watchlist
$ 299.9
-0.786 %
$ 52.6 B
Market Cap
29.53
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 8, 2025.

The intrinsic value of one PSA stock under the worst case scenario is HIDDEN Compared to the current market price of 300 USD, Public Storage is HIDDEN

PSA Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 8, 2025.

The intrinsic value of one PSA stock under the base case scenario is HIDDEN Compared to the current market price of 300 USD, Public Storage is HIDDEN

PSA Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 8, 2025.

The intrinsic value of one PSA stock under the best case scenario is HIDDEN Compared to the current market price of 300 USD, Public Storage is HIDDEN

PSA Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart PSA

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1M 1%
6M -10%
1Y 9%
3Y 11%
5Y 103%
All
$350.0$350.0$340.0$340.0$330.0$330.0$320.0$320.0$310.0$310.0$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.0$260.0$260.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
4.7 B REVENUE
3.94%
Growth Rates
1Year 3.94%
3Years 11.19%
5Years 10.46%
7Years 8.41%
10Years 7.99%
2.2 B OPERATING INCOME
-33.34%
Growth Rates
1Year -33.34%
3Years 8.87%
5Years 8.46%
7Years 6.43%
10Years 7.63%
2.08 B NET INCOME
-3.50%
Growth Rates
1Year -3.50%
3Years 2.08%
5Years 6.44%
7Years 5.34%
10Years 6.13%
3.13 B OPERATING CASH FLOW
-3.65%
Growth Rates
1Year -3.65%
3Years 7.14%
5Years 8.63%
7Years 6.79%
10Years 6.89%
-1 B INVESTING CASH FLOW
71.66%
Growth Rates
1Year 71.66%
3Years 43.52%
5Years -2.24%
7Years -4.44%
10Years -16.76%
-2.08 B FINANCING CASH FLOW
-1740.62%
Growth Rates
1Year -1740.62%
3Years -16.82%
5Years -13.15%
7Years -11.14%
10Years -5.43%
1.18 B REVENUE
0.49%
Growth Rates
1Year 3.94%
3Years 11.19%
5Years 10.46%
7Years 8.41%
10Years 7.99%
543 M OPERATING INCOME
-1.77%
Growth Rates
1Year -33.34%
3Years 8.87%
5Years 8.46%
7Years 6.43%
10Years 7.63%
411 M NET INCOME
-33.57%
Growth Rates
1Year -3.50%
3Years 2.08%
5Years 6.44%
7Years 5.34%
10Years 6.13%
705 M OPERATING CASH FLOW
-8.27%
Growth Rates
1Year -3.65%
3Years 7.14%
5Years 8.63%
7Years 6.79%
10Years 6.89%
-287 M INVESTING CASH FLOW
30.40%
Growth Rates
1Year 71.66%
3Years 43.52%
5Years -2.24%
7Years -4.44%
10Years -16.76%
-579 M FINANCING CASH FLOW
-13.81%
Growth Rates
1Year -1740.62%
3Years -16.82%
5Years -13.15%
7Years -11.14%
10Years -5.43%
Balance Sheet Public Storage
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Current Assets 447 M
Cash & Short-Term Investments 447 M
Receivables 0
Other Current Assets 0
Non-Current Assets 19.3 B
Long-Term Investments 382 M
PP&E 308 M
Other Non-Current Assets 18.6 B
94.24 %Total Assets$19.8b
Current Liabilities 588 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 588 M
Non-Current Liabilities 9.35 B
Long-Term Debt 9.35 B
Other Non-Current Liabilities 0
5.92 %94.08 %Total Liabilities$9.9b
EFFICIENCY
Earnings Waterfall Public Storage
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Revenue 4.7 B
Cost Of Revenue 1.26 B
Gross Profit 3.44 B
Operating Expenses 1.24 B
Operating Income 2.2 B
Other Expenses 117 M
Net Income 2.08 B
5b5b5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m005b(1b)3b(1b)2b(117m)2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
73.21% GROSS MARGIN
73.21%
Averages
1Year 73.21%
3Years 74.10%
5Years 73.12%
7Years 72.81%
10Years 73.03%
46.88% OPERATING MARGIN
46.88%
Averages
1Year 46.88%
3Years 57.28%
5Years 54.04%
7Years 53.26%
10Years 53.16%
44.13% NET MARGIN
44.13%
Averages
1Year 44.13%
3Years 65.22%
5Years 59.88%
7Years 59.24%
10Years 58.05%
21.33% ROE
21.33%
Averages
1Year 21.33%
3Years 28.65%
5Years 24.55%
7Years 22.61%
10Years 20.42%
10.49% ROA
10.49%
Averages
1Year 10.49%
3Years 15.37%
5Years 13.77%
7Years 13.98%
10Years 13.91%
11.46% ROIC
11.46%
Averages
1Year 11.46%
3Years 13.75%
5Years 12.73%
7Years 12.91%
10Years 13.10%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Public Storage
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3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.08 B
Depreciation & Amortization 1.13 B
Capital Expenditures 0
Stock-Based Compensation 44.7 M
Change in Working Capital -29.8 M
Others -131 M
Free Cash Flow 2.71 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Public Storage
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Wall Street analysts predict an average 1-year price target for PSA of $337 , with forecasts ranging from a low of $299 to a high of $378 .
PSA Lowest Price Target Wall Street Target
299 USD -0.30%
PSA Average Price Target Wall Street Target
337 USD 12.51%
PSA Highest Price Target Wall Street Target
378 USD 26.04%
Price
Max Price Target
Min Price Target
Average Price Target
380380360360340340320320300300280280260260240240Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.00% DIVIDEND YIELD
3 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
20.0020.0018.0018.0016.0016.0014.0014.0012.0012.0010.0010.008.008.006.006.004.004.002.002.000.000.001.41.72222223331.71.8222222331.71.82222213.152331.76.5027.3028.0028.0028.0028.0028.00219.15311.00312.006.002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Public Storage
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
143 K USD 1
6-9 MONTHS
136 K USD 1
9-12 MONTHS
110 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
599 K USD 1
9-12 MONTHS
7. News
3 Blue-Chip REIT Bargains On Sale I'm always on the lookout for high-quality REITs on sale, focusing on blue-chip companies with proven management, strong balance sheets, and conservative dividend policies. Realty Income, Public Storage, and EastGroup are top blue-chip REITs, trading below normal valuation levels, offering attractive dividend yields, and expected to deliver strong returns. Realty Income boasts a diversified portfolio, strong balance sheet, and consistent dividend growth, with potential 20% annualized returns. seekingalpha.com - 2 weeks ago
Public Storage (PSA) Q1 2025 Earnings Call Transcript Public Storage (NYSE:PSA ) Q1 2025 Results Conference Call May 1, 2025 12:00 PM ET Company Participants Ryan Burke - Vice President, Investor Relations and Strategic Partnerships Joe Russell - President and Chief Executive Officer Tom Boyle - Chief Financial Officer Conference Call Participants Daniel Tricarico - Scotiabank Ron Kamdem - Morgan Stanley Todd Thomas - KeyBanc Capital Markets Salil Mehta - Green Street Michael Goldsmith - UBS Michael Griffin - Evercore Juan Sanabria - BMO Capital Markets Eric Wolfe - Citi Caitlin Burrows - Goldman Sachs Ravi Vaidya - Mizuho Ki Bin Kim - Truist Securities Jeff Spector - Bank of America Eric Luebchow - Wells Fargo Tayo Okusanya - Deutsche Bank Mike Mueller - JPMorgan Operator Greetings and welcome to Public Storage First Quarter 2025 Earnings Call At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. seekingalpha.com - 2 weeks ago
Public Storage Q1 FFO Beats Estimates, Occupancy Falls Public Storage's Q1 results reflect higher realized annual rent per occupied square foot, offset by a decline in occupancy. zacks.com - 2 weeks ago
Public Storage (PSA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Public Storage (PSA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
Public Storage (PSA) Q1 FFO and Revenues Top Estimates Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.12 per share, beating the Zacks Consensus Estimate of $4.06 per share. This compares to FFO of $4.03 per share a year ago. zacks.com - 2 weeks ago
Public Storage Reports Results for the Three Months Ended March 31, 2025 GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three months ended March 31, 2025. “Public Storage's first quarter performance was in-line with our expectations and reflected broad operational stabilization across the portfolio,” said Joe Russell, President and Chief Executive Officer. “We lead a resilient industry that is underpinned by needs-based customer demand and affordable rents relative to other space alternatives. Our investment in. businesswire.com - 2 weeks ago
6 Dividend Growth Stocks I'm Buying As The Trade War Hits Stalemate Tariffs, especially on China, remain a significant risk, causing market uncertainty, potential shortages, inflation, and economic strain, despite the potential for reductions. Recession odds for 2025 have dipped but remain elevated due to lingering trade policy uncertainty and reduced business investment. I remain fully invested and am currently buying REITs, a blue-chip asset manager, market-leading utility, and high-quality tech stock, anticipating rate cuts and eventual market recovery. seekingalpha.com - 3 weeks ago
Public Storage (PSA) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Beyond analysts' top -and-bottom-line estimates for Public Storage (PSA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025. zacks.com - 3 weeks ago
PSA Set to Announce Q1 Results: What Could Be in Store for the Stock? PSA's Q1 results are likely to reflect gains from high brand value, solid presence in key cities and expansion efforts, though choppiness in demand is a key concern. zacks.com - 3 weeks ago
The Perfect Storm Is Forming For REIT Outperformance REITs have been in the doghouse for years. However, that could all be changing soon—don't miss the window. I also discuss one near-zero net debt REIT offers inflation protection, recession resistance, and deep value. seekingalpha.com - 1 month ago
7 Quality Dividend Stocks I'm Buying As Tariff Risks Remain The 90-day tariff pause offers short-term relief, but long-term trade uncertainty and recession risks persist, making it critical to stay vigilant and strategic. Despite market volatility, now is the time to deploy cash into high-quality, dividend-paying stocks rather than raising cash. Focus on buying opportunities in dividend growth stocks, while being cautious with REITs like ARE and REXR due to trade war impacts. seekingalpha.com - 1 month ago
Public Storage to Release First Quarter 2025 Earnings Results and Host Quarterly Conference Call GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its first quarter 2025 earnings results after the market close on Wednesday, April 30, 2025. A conference call is scheduled for Thursday, May 1, 2025, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: (877) 407-9039 International dial-in number: (201) 689-8470 Webcast: Event Calendar     Conference call replay Domestic dial-in number: (844) 512-2921 Internat. businesswire.com - 1 month ago
8. Profile Summary

Public Storage PSA

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COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 52.6 B
Dividend Yield 1.00%
Description 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 September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.
Contact 701 Western Avenue, Glendale, CA, 91201 https://www.publicstorage.com
IPO Date Nov. 18, 1980
Employees 5900
Officers Mr. Nathaniel A. Vitan Senior Vice President, Chief Legal Officer & Corporate Secretary Rear Admiral Christopher C. Sambar Senior Vice President & Chief Operating Officer Mr. H. Thomas Boyle III Senior Vice President, Chief Investment Officer & Chief Financial Officer Nicholas J. Kangas Executive Vice President of Finance & Accounting Kenneth Q. Volk Jr. Founder Mr. Ryan C. Burke Vice President of Investor Relations Mr. Michael Braine Chief Technology Officer Nathan A. Tan Senior Vice President of Human Resources Mr. Joseph D. Russell Jr. Chief Executive Officer, President & Trustee Ms. Natalia N. Johnson Senior Vice President & Chief Administrative Officer