PSAreal estatenyseupdated 11:46:45 AM

Public Storage logoPublic Storage

Public Storage (PSA) is a real estate company operating in reit—industrial. Financing costs, occupancy trends, and asset repricing are central to performance. This analysis page tracks valuation context, trend strength, and downside risk over time.

Price

$296.31

-1.48% today

Risk

Medium

19.1% vol · 30d

share this asset
01Market

Where it trades today

Market cap

$55.37B

Price / earnings

28.2x

Beta

0.94

swings less than the market

Dividend yield

4.05%

Volume

1.67M

avg 995.8K

50-day average

$315.61

200-day average

$298.94

30-day trend

bearish

52-week range11.7% below the high
low $256.54$296.31high $335.55

trading 50% of the way up its 52-week range

02Price

How the price has moved

30-day price-8.12%
30 days ago$322.49 → $296.31today
1-year performance+3.5%
$271$296$321SepOctNovDecJanFebMarAprMayJunJulAug
PSA · 52 weeks$286.29 → $296.31
03Decision

What to weigh before acting

decision support3 sources

What Matters Now

  • Financing conditions, occupancy, and asset repricing are the main levers behind upside or downside from here.
  • PSA trades at 28.2x earnings versus 35.0x for the sector, which means the rerating case depends on proving the discount is too harsh.
  • PSA carries a beta of 0.94, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
  • PSA remains in a bearish short-term trend and sits 11.7% below its high, which raises the bar for any thesis that depends on fast multiple expansion.

Portfolio Use Case

  • PSA is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
  • The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
  • This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.

What Would Change the View

  • A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
  • The view would need revisiting if peers such as PLD, EQIX start winning the marginal flow or posting cleaner operating momentum.

Methodology

  • Price, market cap, beta, yield, and liquidity fields for PSA come from Yahoo Finance quote and summary data.
  • 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
  • Sector context uses stored benchmark averages for Real Estate so each page compares the ticker against a stable peer baseline rather than against the whole market.
  • Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as PLD, EQIX.

Sources

  • Yahoo Finance quote dataopen →

    Live quote, valuation, beta, yield, and volume fields used for PSA. Last refresh: Sep 21, 2026, 11:46 AM.

  • Portfolio Terminal methodologyopen →

    Explains how analytics, refresh cadence, and portfolio interpretation work across the product.

  • Peer set and coverage context

    Comparative context for this page is anchored around nearby tracked names such as PLD, EQIX.

Editorial note · Written by Portfolio Terminal Research. Template updated 3/24/2026, market data refreshed 9/21/2026, 11:46:45 AM. Built for research and portfolio monitoring, not personalized investment advice.
04About

What Public Storage does

profile

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage is headquartered in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.

Employees

5,770

Industry

REIT - Industrial

Headquarters

Frisco, United States

05Analyst Consensus

What analysts expect

PSA carries a buy consensus from 18 analysts, with an average price target of $337.11 versus $296.31 today (+13.8%). Targets are estimates and can move quickly after earnings.

Consensus

Buy

Average target

$337.11

$285.00 to $374.00

Upside to target

+13.8%

Analysts covering

18

Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.

06Financial Strength

How the business is doing

PSA generated $4.91B in trailing revenue (3.3% year over year), with a 41.6% net margin, and $2.33B of free cash flow, against $9.92B of net debt.

Revenue (TTM)

$4.91B

Net margin

41.6%

Revenue growth

3.3%

Free cash flow

$2.33B

Gross margin

74.4%

Operating margin

45.7%

Return on equity

21.9%

Total cash

$259.94M

Total debt

$10.18B

Earnings growth

45.1%

07Annual Financials

The numbers, year by year

annual financials4 years
Fiscal yearRevenueGross profitOperating incomeNet incomeEPSFree cash flow
2025$4.82B$3.51B$2.26B$1.78B$9.04$2.90B
2024$4.70B$3.44B$2.20B$2.07B$10.68$2.71B
2023$4.52B$3.37B$2.32B$2.15B$11.11$2.79B
2022$4.18B$3.13B$2.17B$4.35B$23.64$2.66B
Company filings via Yahoo Finance. Refreshed 9/21/2026.
08Next Earnings

When it reports next

Next report

Oct 28, 2026

EPS estimate

$2.43

Revenue estimate

$1.32B

Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.

09Sector

How it sits in real estate

REITs and real estate companies offering income through property investments.

versus the sectorPSA vs average
metricPSAsectorverdict
price / earnings28.2x35.0x↓ 19%
beta0.940.90more volatile
dividend yield4.05%4.00%above average
30-day volatility19.1%20%lower risk
10Peers

The companies it competes with

PSA beside the real estate names it is usually measured against.

competitors3 companies
companypricemarket cap
Public Storage logoPSA$296.31$55.37B
Prologis Inc. logoPLD$134.84$131.08BEquinix Inc. logoEQIX$1021.34$100.78B
Any row opens that company's own analysis.
11Technicals

What the chart is saying

technicals30-day window

Public Storage trades at $296.31, 11.7% below its 52-week high. With a beta of 0.94, it shows about average sensitivity to what the wider market does.

rsi (14)neutral
30-day trendbearish
volume1.7Mabove average
12Questions

Questions people ask about it

questions5 answered

Is PSA a good buy right now?

Public Storage trades at 28.2x earnings. This is near market average. Current risk level is Medium based on 19.1% volatility.

Does PSA pay dividends?

Yes, Public Storage offers a dividend yield of 4.05%. That is roughly $12.00 per share a year.

How volatile is PSA?

With 30-day annualized volatility of 19.1% and beta of 0.94, PSA is classified as Medium risk. The stock tends to be more stable than the market average.

What is the analyst price target for PSA?

The average analyst price target for Public Storage (PSA) is $337.11 based on 18 analyst estimates, about 13.8% above the current price of $296.31. The published range runs from $285.00 to $374.00.

How much revenue does PSA generate?

Public Storage reported $4.91B in trailing twelve-month revenue. Revenue growth is running at 3.3% year over year. Net margin sits at 41.6%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.

Compare PSA with anything

Five years side by side: what $10,000 became, how far each fell, whether they move together.

Public Storage logo