Here Are the Facts You Need to Understand Public Storage (PSA)

Public Storage moved 1.4% this afternoon session, trading between a high of $276.03 and a low of $270.94 per share. Yesterday the stock finished at $272.12 per share, compared to an average analyst target price of $313.18.

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. The large-cap real estate investment trusts company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.7%. Public Storage has trailing twelve months earnings per share (EPS) of 23.1, which at today's prices amounts to a price to earnings (P/E) ratio of 11.9.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.42. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Snapshot of Public Storage's Operating Margins:

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-02-21 4,182,163 -1,002,888 51 4.08
2022-02-22 3,415,824 -814,682 49 2.08
2021-02-24 2,915,068 -636,456 48 -5.88
2020-02-25 2,855,108 -575,064 51 0.0
2019-02-27 2,759,523 -588,358 51 -3.77
2018-03-01 2,668,528 -537,408 53

Public Storage's operating margins have averaged 50.5% over the last 6 years, which is significantly higher than the Specialty Real Estate Investment Trust industry average of 25.46%. The firm's margins exhibit a relatively stable growth trend of -0.7%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.