Public Storage
About: Public Storage is the largest owner of self-storage facilities in the US, with more than 3,300 self-storage facilities in 40 states and approximately 245 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: 5,900
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
22% more call options, than puts
Call options by funds: $82.1M | Put options by funds: $67.5M
17% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 123
1.37% more ownership
Funds ownership: 79.24% [Q3] → 80.61% (+1.37%) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 400 | Existing positions reduced: 395
0% less funds holding
Funds holding: 1,109 [Q3] → 1,107 (-2) [Q4]
15% less capital invested
Capital invested by funds: $50.4B [Q3] → $42.7B (-$7.71B) [Q4]
30% less funds holding in top 10
Funds holding in top 10: 23 [Q3] → 16 (-7) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$287
3%
downside
Avg. target
$319
8%
upside
High target
$354
20%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Truist Securities Ki Bin Kim 41% 1-year accuracy 11 / 27 met price target | 5%upside $310 | Buy Upgraded | 10 Apr 2025 |
Scotiabank Nicholas Yulico 31% 1-year accuracy 13 / 42 met price target | 3%upside $305 | Sector Outperform Upgraded | 9 Apr 2025 |
Mizuho Ravi Vaidya 100% 1-year accuracy 1 / 1 met price target | 3%downside $287 | Neutral Initiated | 9 Apr 2025 |
Barclays Brendan Lynch 34% 1-year accuracy 10 / 29 met price target | 20%upside $354 | Overweight Maintained | 12 Mar 2025 |
RBC Capital Brad Heffern 44% 1-year accuracy 16 / 36 met price target | 11%upside $329 | Sector Perform Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 9 articles about PSA published over the past 30 days
Positive
Seeking Alpha
3 hours 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.
Positive
Seeking Alpha
6 days 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.
Neutral
Business Wire
1 week 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.
Positive
24/7 Wall Street
1 week ago
2 Dividend Stocks Every Investor Should Own to Thrive In This Market
In the stock market's current volatile landscape, dividend investing shines as a superior investment strategy because of the stability and value it offers.
Positive
Zacks Investment Research
1 week ago
PSA Eyes Australian Market, Offers to Acquire Abacus Storage King
PSA's plan for international expansion appears strategically aligned, as Australia and New Zealand offer an established, fast-growing self-storage market.
Neutral
Business Wire
1 week ago
Ki Corporation and Public Storage Offer a Premium to Acquire Abacus Storage King
GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation (“Ki”) and Public Storage (NYSE:PSA; the “Company”) (together, the “Consortium”) announced today the submittal of a non-binding indicative offer (NBIO) to acquire all of the outstanding stapled securities of Abacus Storage King (ASX:ASK) that are not already held by Ki or its subsidiaries (together, the “Ki Group”) for A$1.47 per stapled security. The Ki Group is currently ASK's major securityholder and each of Ki and Public Storage would have a.
Positive
Seeking Alpha
1 week ago
6 Dividend Growth Stocks I'm Buying As Tariffs Crush The Economy
President Trump's tariffs are not negotiating tactics, but a protectionist move aimed at reversing globalization and boosting U.S. manufacturing, causing market selloffs. The tariffs will harm U.S. consumers and businesses, raising prices and potentially leading to a recession, with an average household impact of $3,800 annually. Big Tech stocks have been hit the hardest by the tariff threat, with the Nasdaq down nearly 16% and the Magnificent 7 down over 20%.
Negative
Zacks Investment Research
3 weeks ago
Why Is Public Storage (PSA) Down 6.3% Since Last Earnings Report?
Public Storage (PSA) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
3 weeks ago
Here's Why it is Wise to Retain Public Storage in Your Portfolio Now
High brand value, technological enhancements, strategic buyouts and a healthy balance sheet are key drivers for PSA. However, soft demand is a concern.
Positive
Seeking Alpha
1 month ago
Public Storage Q4: Good REIT, Expensive At This Time
Public Storage is the world's largest self-storage REIT, with a rising dividend and opportunity for capital appreciation. Q4 2024 results showed good performance but highlighted challenges in revenue growth post-Covid, making PSA expensive compared to peers. Despite the current premium valuation, the Company's proven business model and consistent dividend growth make it a viable long-term hold for income and capital appreciation.
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