Some Thoughts on Public Storage

Large-cap Real Estate company Public Storage has logged a -0.7% change today on a trading volume of 745,721. The average volume for the stock is 817,550.

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. Based in Glendale, United States the company has 5,900 full time employees and a market cap of $43,182,825,472. Public Storage currently offers its equity investors a dividend that yields 4.5% per year.

The company is now trading -21.48% away from its average analyst target price of $311.91 per share. The 11 analysts following the stock have set target prices ranging from $250.0 to $367.0, and on average give Public Storage a rating of buy.

Over the last 12 months PSA shares have declined by -16.0%, which represents a difference of -27.0% when compared to the S&P 500. The stock's 52 week high is $316.48 per share and its 52 week low is $233.18. Based on Public Storage's average net margin growth of 7.9% over the last 6 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 4,390,675 4,294,666 98 -5.77
2022 4,182,163 4,366,274 104 85.71
2021 3,415,824 1,959,639 56 19.15
2020 2,915,068 1,361,227 47 -11.32
2019 2,855,108 1,525,651 53 -14.52
2018 2,759,523 1,717,223 62
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.