Public Storage
About: Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
Employees: 6,200
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
22% more call options, than puts
Call options by funds: $82M | Put options by funds: $67.4M
7% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 122
0% less repeat investments, than reductions
Existing positions increased: 387 | Existing positions reduced: 388
2.42% less ownership
Funds ownership: 82.55% [Q3] → 80.13% (-2.42%) [Q4]
4% less funds holding
Funds holding: 1,108 [Q3] → 1,064 (-44) [Q4]
18% less capital invested
Capital invested by funds: $52B [Q3] → $42.4B (-$9.56B) [Q4]
30% less funds holding in top 10
Funds holding in top 10: 23 [Q3] → 16 (-7) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$330
8%
upside
Avg. target
$344
13%
upside
High target
$361
19%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Wells Fargo Eric Luebchow 60% 1-year accuracy 29 / 48 met price target | 8%upside $330 | Overweight Maintained | 21 Feb 2025 |
Barclays Brendan Lynch 52% 1-year accuracy 16 / 31 met price target | 19%upside $361 | Overweight Maintained | 13 Jan 2025 |
Truist Securities Ki Bin Kim 68% 1-year accuracy 19 / 28 met price target | 12%upside $340 | Hold Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 7 articles about PSA published over the past 30 days
Positive
Seeking Alpha
2 days ago
The Dividend Strategy That Could Make Me A Millionaire - And How You Can Copy It
Self-made millionaires build wealth through disciplined, consistent investing. I focus on dividend growth stocks, avoid single-stock risks, and live below my means to reinvest. I invest in wide-moat companies with strong fundamentals. Prioritizing dividend growth, I aim for income and long-term gains without timing the market. My picks reflect my conviction in dividend growth as a wealth-building tool. These stocks align with my long-term vision for financial security and success.
Positive
Zacks Investment Research
2 days ago
Key Factors to Consider Ahead of Public Storage's Q4 Earnings
PSA's Q4 results are likely to reflect gains from high brand value and solid presence in key cities, though low demand and high interest expenses remain concerns.
Positive
Zacks Investment Research
2 days ago
What Analyst Projections for Key Metrics Reveal About Public Storage (PSA) Q4 Earnings
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Public Storage (PSA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Positive
Seeking Alpha
1 week ago
The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for longer" due to factors like energy costs, labor market tightness, and deglobalization. To combat inflation, I recommend investing in sectors with strong pricing power like energy and real estate, which have historically outperformed during inflationary periods.
Neutral
Business Wire
3 weeks ago
Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A conference call is scheduled for Tuesday, February 25, 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 In.
Positive
Zacks Investment Research
3 weeks ago
Is it Wise to Retain Public Storage Stock in Your Portfolio Now?
A high brand value in the need-based self-storage industry and strategic acquisitions are PSA's strengths. Softer demand and high interest expenses ail.
Neutral
Business Wire
4 weeks ago
Public Storage Announces Tax Treatment of 2024 Dividends
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2024 dividends. For the tax year ended December 31, 2024, distributions for the PSA common stock and all the various series of preferred stock were classified as follows: 2024 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Ordinary Dividends 100.0000% 100.0000% 100.0000% 100.0000% Capital Gain Distributions 0.0000% 0.0000% 0.0000% 0.0000% .
Positive
Seeking Alpha
1 month ago
Hidden Gems: 2 Must-Buy REITs Right Now
Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying.
Positive
Barrons
1 month ago
Real Estate Stocks Bounce as Bond Yields Plunge. Consider These REITs.
The real estate sector has gotten cheap.
Neutral
The Motley Fool
1 month ago
1 Magnificent S&P 500 Dividend Stock Down 30%: 4 Reasons to Buy Public Storage in 2025 and Hold Forever
Between 2020 and 2022, leading self-storage real estate investment trust (REIT) Public Storage (PSA -2.19%) saw its share price more than double thanks to a pandemic-aided boom. Since then, however, Public Storage's stock has dropped roughly 30% from its highs.
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