Large-cap Real Estate company Public Storage has logged a -1.4% change today on a trading volume of 964,129. The average volume for the stock is 681,851.
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 6,200 full time employees and a market cap of $52,747,374,592. Public Storage currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -3.91% away from its average analyst target price of $312.4 per share. The 15 analysts following the stock have set target prices ranging from $250.0 to $335.0, and on average give Public Storage a rating of buy.
Over the last 52 weeks, PSA stock has risen 9.2%, which amounts to a -11.3% difference compared to the S&P 500. The stock's 52 week high is $314.93 whereas its 52 week low is $233.18 per share. With its net margins declining an average -4.3% over the last 6 years, Public Storage may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) |
|---|---|---|---|
| 2023 | 4,517,690 | 2,148,327 | 48 |
| 2022 | 4,182,163 | 4,349,147 | |
| 2021 | 3,415,824 | 1,953,263 | 56 |
| 2020 | 2,915,068 | 1,357,213 | 47 |
| 2019 | 2,855,108 | 1,520,534 | 53 |
| 2018 | 2,759,523 | 1,711,031 | 62 |
