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PSA Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
313.120
Open
308.860
VWAP
310.79
Vol
808.41K
Mkt Cap
54.60B
Low
308.210
Amount
251.25M
EV/EBITDA(TTM)
29.05
Total Shares
175.55M
EV
68.94B
EV/OCF(TTM)
21.71
P/S(TTM)
11.26
Public Storage is a real estate investment trust. Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, and other related operations, such as tenant reinsurance, merchandise sales, third party management, and bridge lending to third-party self-storage owners, as well as the acquisition and development of additional self-storage space. Its Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, newly developed and expanded facilities, and other non-same store facilities. Its Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. It owned interests in over 3,085 self-storage facilities located in 40 states in the United States.
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Events Timeline

(ET)
2026-04-27
16:20:00
Public Storage Q1 Revenue at $1.00B, Below Consensus
select

News

moomoo
6.0
05-07moomoo
PUBLIC STORAGE: BARCLAYS LOWERS TARGET PRICE TO $349 FROM $352
  • Public Storage Target Price Adjustment: Barclays has reduced the target price for Public Storage shares from $352 to $349.
  • Market Impact: This adjustment reflects Barclays' updated outlook on the company's performance and market conditions.
NASDAQ.COM
2.0
04-28NASDAQ.COM
Public Storage PSA Q1 2026 Earnings Transcript
seekingalpha
9.5
04-27seekingalpha
Public Storage Q1 Earnings Beat Estimates but Guidance Below Consensus
  • Earnings Beat: Public Storage (PSA) reported Q1 core FFO of $4.22, exceeding analyst expectations of $4.12, indicating strong performance in the self-storage market, although it declined from $4.26 in the previous quarter.
  • Revenue Growth: The total revenue for Q1 reached $1.22 billion, slightly above the $1.21 billion consensus and up from $1.18 billion a year ago, demonstrating the company's stability and growth potential in the market.
  • Acquisition Plans: CEO Tom Boyle stated that the acquisition of National Storage Affiliates is expected to enhance per-share earnings growth, improve customer experience, and drive the company's Value Creation Engine, reflecting confidence in future growth.
  • Guidance Adjustment: Despite the earnings beat, Public Storage reaffirmed its core FFO per share guidance at $16.35, below the consensus estimate of $16.90, which may impact investor confidence moving forward.
NASDAQ.COM
9.5
04-27NASDAQ.COM
Public Storage Reports Increased Q1 Earnings
  • Significant Earnings Growth: Public Storage reported Q1 earnings of $526.27 million, translating to $2.71 per share, a notable increase from last year's $407.79 million and $2.04 per share, indicating strong market performance.
  • Slight Revenue Increase: The company's revenue for the quarter reached $1.21 billion, up 2.5% from $1.18 billion last year, reflecting stable demand and maintained market share in the storage industry.
  • Financial Health Indicators: With continuous earnings growth and revenue increase, Public Storage demonstrates robust financial health, providing a solid foundation for future investments and expansions, thereby boosting investor confidence.
  • Enhanced Market Competitiveness: As earnings and revenue grow, Public Storage further solidifies its leadership position in the competitive self-storage market, likely attracting more investor interest in its future growth potential.
seekingalpha
9.5
04-27seekingalpha
Public Storage Q1 FFO Exceeds Expectations
  • Strong Financial Performance: Public Storage reported a Q1 core FFO of $4.22 per share, exceeding expectations by $0.10, indicating robust performance in both revenue and profitability.
  • Stable Revenue Growth: The company achieved $1.21 billion in revenue for Q1, reflecting a 2.5% year-over-year increase, aligning with market expectations and demonstrating resilience in a competitive landscape.
  • 2026 Guidance Reaffirmed: Public Storage reaffirmed its 2026 guidance for net operating income (NOI) growth, projecting same-store revenue growth between -2.2% and 0%, and non-same-store NOI between $335,000 and $355,000, showcasing cautious optimism for the future.
  • Positive Market Reaction: Following the earnings report, Public Storage's shares rose by 0.35% in after-hours trading, reflecting investor confidence in the company's financial performance and outlook.
seekingalpha
9.5
04-26seekingalpha
Public Storage Set to Release Q1 Earnings on April 27
  • Earnings Announcement: Public Storage (PSA) is set to announce its Q1 earnings on April 27 after market close, with consensus EPS estimate at $2.42 and revenue expected to reach $1.21 billion, indicating financial stability.
  • Profit Expectations: Analysts project a consensus FFO of $4.12, reflecting the company's strong cash flow management capabilities, which may further bolster investor confidence.
  • Historical Performance: Over the past year, PSA has beaten EPS estimates 100% of the time, although it has only exceeded revenue estimates 25% of the time, indicating reliability in profitability but room for improvement in revenue growth.
  • Market Reaction: As the earnings report approaches, investor interest in PSA is rising, particularly due to its attractive 6.6% yielding preferred shares, which could positively impact the stock price.
Wall Street analysts forecast PSA stock price to rise
14 Analyst Rating
Wall Street analysts forecast PSA stock price to rise
5 Buy
9 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
276.00
Averages
311.58
High
349.00
Current: 0.000
sliders
Low
276.00
Averages
311.58
High
349.00
Barclays
Brendan Lynch
maintain
$352 -> $349
AI Analysis
2026-05-07
New
Reason
Barclays
Brendan Lynch
Price Target
$352 -> $349
AI Analysis
2026-05-07
New
maintain
Reason
Barclays analyst Brendan Lynch lowered the firm's price target on Public Storage to $349 from $352 and keeps an Overweight rating on the shares.
BofA
Neutral
maintain
$310 -> $312
2026-05-04
Reason
BofA
Price Target
$310 -> $312
2026-05-04
maintain
Neutral
Reason
BofA raised the firm's price target on Public Storage to $312 from $310 and keeps a Neutral rating on the shares. The firm is updating models for Q1 results among its self storage REIT coverage.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PSA
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Valuation Metrics

The current forward P/E ratio for Public Storage (PSA.N) is 31.85, compared to its 5-year average forward P/E of 28.53. For a more detailed relative valuation and DCF analysis to assess Public Storage's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
28.53
Current PE
31.85
Overvalued PE
33.56
Undervalued PE
23.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
20.23
Current EV/EBITDA
17.79
Overvalued EV/EBITDA
23.17
Undervalued EV/EBITDA
17.29

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
11.95
Current PS
10.28
Overvalued PS
14.09
Undervalued PS
9.82

Financials

AI Analysis
Annual
Quarterly

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Whales Holding PSA

E
Empower Capital Management, LLC
Holding
PSA
+12.31%
3M Return
A
Apollo Global Management, Inc.
Holding
PSA
+10.92%
3M Return
F
F. L. Putnam Investment Management Company
Holding
PSA
+10.37%
3M Return
N
Nan Shan Life Insurance Co., Ltd.
Holding
PSA
+8.91%
3M Return
D
Duff & Phelps Investment Management Co.
Holding
PSA
+8.63%
3M Return
S
Security Capital Research & Management Incorporated
Holding
PSA
+8.45%
3M Return

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Frequently Asked Questions

What is Public Storage (PSA) stock price today?

The current price of PSA is 311.04 USD — it has increased 0.55

What is Public Storage (PSA)'s business?

Public Storage is a real estate investment trust. Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, and other related operations, such as tenant reinsurance, merchandise sales, third party management, and bridge lending to third-party self-storage owners, as well as the acquisition and development of additional self-storage space. Its Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, newly developed and expanded facilities, and other non-same store facilities. Its Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. It owned interests in over 3,085 self-storage facilities located in 40 states in the United States.

What is the price predicton of PSA Stock?

Wall Street analysts forecast PSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSA is311.58 USD with a low forecast of 276.00 USD and a high forecast of 349.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Public Storage (PSA)'s revenue for the last quarter?

Public Storage revenue for the last quarter amounts to 1.22B USD, increased 2.92

What is Public Storage (PSA)'s earnings per share (EPS) for the last quarter?

Public Storage. EPS for the last quarter amounts to 2.71 USD, increased 32.84

How many employees does Public Storage (PSA). have?

Public Storage (PSA) has 5770 emplpoyees as of May 11 2026.

What is Public Storage (PSA) market cap?

Today PSA has the market capitalization of 54.60B USD.