Public Storage (NYSE:PSA) Stock, Quote.Headers.trade-ideas

Public Storage

Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 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.

Etsy photo by Sergei Elagin on Shutterstock

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ETSY

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Public Storage Depositary Shares Each Representing 1/1,000 of a 5.15% Cumulative Preferred Share of Beneficial Interest, Series F, par value $0.01 per share

Public Storage Depositary Shares, Each Representing 1/1,000 of a 5.05% Cumulative Preferred Share of Beneficial Interest, Series G

Public Storage Depositary Shares Each Representing 1/1,000 of a 5.60% Cumulative Preferred Share of Beneficial Interest, Series H

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.875% Cumulative Preferred Share of Beneficial Interest, Series I, par value $0.01 per share

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.700% Cumulative Preferred Share of Beneficial Interest, Series J, par value $0.01 per share

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.75% Cumulative Preferred Share of Beneficial Interest, Series K

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.625% Cumulative Preferred Share of Beneficial Interest, Series L, par value $0.01 per share

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.125% Cumulative Preferred Share of Beneficial Interest, Series M

Public Storage Depositary Shares Each Representing 1/1,000 of a 3.875% Cumulative Preferred Share of Beneficial Interest, Series N

Public Storage Depositary Shares Each Representing 1/1,000 of a 3.900% Cumulative Preferred Share of Beneficial Interest, Series O

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.000% Cumulative Preferred Share of Bene cial Interest, Series P

Public Storage Depositary Shares Each Representing 1/1,000 of a 3.950% Cumulative Preferred Share of Beneficial Interest, Series Q, par value $0.01 per share

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.00% Cumulative Preferred Share of Bene cial Interest, Series R

Public Storage Depositary Shares Each Representing 1/1,000 of a 4.100% Cumulative Preferred Share of Beneficial Interest, Series S

Jefferies analyst Jonathan Petersen maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Buy and raises the price target from $360 to $422.

Price Target

Jefferies Maintains Buy on Public Storage, Raises Price Target to $422

Evercore ISI Group analyst Steve Sakwa maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a In-Line and raises the price target from $334 to $343.

Evercore ISI Group Maintains In-Line on Public Storage, Raises Price Target to $343

WIIM

Public Storage shares are trading steady after RBC Capital initiated coverage with a Sector Perform rating and a $358 price target.

RBC Capital analyst Brad Heffern initiates coverage on Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Sector Perform rating and announces Price Target of $358.

Initiation

RBC Capital Initiates Coverage On Public Storage with Sector Perform Rating, Announces Price Target of $358

Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) has outperformed the market over the past 20 years by 1.85% on an annualized basis producing an average annual return of 10.03%. Currently, Public Storage has a market capitalization of $60.49 billion. 
Buying $100 In PSA: If an investor had bought $100 of PSA stock 20 years ago, it would be worth $694.78 today based on a price of $345.63 for PSA at the time of writing.
<h3>Public Storage's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725908410_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Public Storage Stock In The Last 20 Years

Citigroup analyst Eric Wolfe maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Buy and raises the price target from $303 to $378.

Citigroup Maintains Buy on Public Storage, Raises Price Target to $378

Evercore ISI Group analyst Steve Sakwa maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a In-Line and raises the price target from $330 to $334.

Evercore ISI Group Maintains In-Line on Public Storage, Raises Price Target to $334

Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) has outperformed the market over the past 20 years by 1.45% on an annualized basis producing an average annual return of 9.84%. Currently, Public Storage has a market capitalization of $57.37 billion. 
Buying $1000 In PSA: If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $6,554.92 today based on a price of $327.79 for PSA at the time of writing.
<h3>Public Storage's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724351447_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,600 Today

Scotiabank analyst Nicholas Yulico maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Sector Perform and raises the price target from $308 to $339.

Scotiabank Maintains Sector Perform on Public Storage, Raises Price Target to $339

Barclays analyst Brendan Lynch maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Overweight and raises the price target from $327 to $374.

Barclays Maintains Overweight on Public Storage, Raises Price Target to $374

Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) has outperformed the market over the past 20 years by 1.43% on an annualized basis producing an average annual return of 9.67%. Currently, Public Storage has a market capitalization of $55.15 billion. 
Buying $1000 In PSA: If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $6,427.19 today based on a price of $315.12 for PSA at the time of writing.
<h3>Public Storage's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723561234_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,400 Today

Scotiabank analyst Nicholas Yulico maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Sector Perform and lowers the price target from $314 to $308.

Scotiabank Maintains Sector Perform on Public Storage, Lowers Price Target to $308

B of A Securities analyst Jeffrey Spector downgrades Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) from Buy to Neutral and maintains the price target from $318 to $318.

B of A Securities Downgrades Public Storage to Neutral, Maintains Price Target to $318

Shares of some REITs are trading higher amid a drop in Treasury yields.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Morgan Stanley analyst Nigel Dally downgraded the rating for Voya Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOYA#NYSE">VOYA</a>) from Overweight to Equal-Weight, while cutting the price target from $79 to $76. Voya Financial shares fell 2.1% to close at $72.73 on Wednesday. <a href="https://www.benzinga.com/quote/VOYA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer analyst Jason Helfstein downgraded the rating for Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) from Outperform to Perform. Etsy shares gained 1% to settle at $65.14 on Wednesday. <a href="https://www.benzinga.com/quote/ETSY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Thomas Palmer downgraded Bunge Global SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) from Buy to Neutral, while cutting the price target from $125 to $114. Bunge Global shares fell 8.1% to close at $105.23 on Wednesday. <a href="https://www.benzinga.com/quote/BG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Compass Point analyst Floris Van Dijkum downgraded the rating for Host Hotels &amp; Resorts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HST#NASDAQ">HST</a>) from Buy to Neutral, while lowering the price target from $25 to $18. Host Hotels shares fell 1.6% to close at $17.51 on Wednesday. <a href="https://www.benzinga.com/quote/HST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Ki Bin Kim downgraded Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) from Buy to Hold and maintained the price target of $306. Public Storage shares fell 2.8% to settle at $295.92 on Wednesday. <a href="https://www.benzinga.com/quote/PSA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Truist Securities analyst Ki Bin Kim downgrades Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) from Buy to Hold and maintains the price target from $306 to $306.

Truist Securities Downgrades Public Storage to Hold, Maintains Price Target to $306

Public Storage shares are trading lower. The company reported Q2 financial results.

Guidance

Public Storage Sees 2024 Same Store Revenue Growth (1.5)%-(0.5)%, Sees 2024 Same Store Expense Growth 2.0%-3.5%

Earnings

Earnings Beats

Earnings Misses

Public Storage Q2 2024 FFO $4.23 Beats $4.21 Estimate, Total Revenues $1.173B

Wells Fargo analyst Eric Luebchow maintains Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Overweight and raises the price target from $310 to $320.

Wells Fargo Maintains Overweight on Public Storage, Raises Price Target to $320

A Summer To Remember

Public Storage: Still Great, But Still Not Worth The Purchase

PFFD: Shrinking Value And Distribution

Bank of America Securities analyst Jeffrey Spector maintained a Hold rating on Public Storage (PSA – Research Report) today. The company's shares o...

Bank of America Securities Sticks to Their Hold Rating for Public Storage (PSA)

Public Storage: The Multiple Has Expanded Too Much, Taking 25% Profits Home

Real estate stocks start one of the worst months for equities on a strong note

Extra Space Storage reiterated at Overweight, NSA downgraded at KeyBanc

An update from Public Storage ( ($PSA) ) is now available. Public Storage recently updated investors with a presentation on its website detailing i...

Public Storage Reports Mixed Performance and Occupancy Rates

RBC Capital initiates coverage on three REITs; CUBE gets Outperform rating

The State Of REITs: September 2024 Edition

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Press Releases

Public Storage Declares First Quarter 2024 Dividends

Public Storage to Release First Quarter 2024 Earnings Results and Host Quarterly Conference Call

Public Storage Prices Public Offering of Senior Notes

Public Storage Reports Results for the Three Months Ended March 31, 2024

Public Storage Declares Second Quarter 2024 Dividends

Public Storage Releases 2024 Sustainability Report

Public Storage to Release Second Quarter 2024 Earnings Results and Host Quarterly Conference Call

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Public Storage

Public Storage (PSA) Forecast

Public Storage (NYSE:PSA) Stock, Quote.Headers.trade-ideas