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How to buy Public Storage stock | 233

Own Public Storage stock in just a few minutes.

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Public Storage is a reit—industrial business based in the US. Public Storage shares (PSA) are listed on the NYSE and all prices are listed in US Dollars. Public Storage employs 5,900 staff and has a trailing 12-month revenue of around USD$2.9 billion.

How to buy shares in Public Storage

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Public Storage. Find the stock by name or ticker symbol: PSA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Public Storage reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$233, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Public Storage, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Public Storage. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Public Storage's share price?

Since the stock market crash in March caused by coronavirus, Public Storage's share price has had significant positive movement.

Its last market close was USD$233, which is 3.10% up on its pre-crash value of USD$225.77 and 49.96% up on the lowest point reached during the March crash when the shares fell as low as USD$155.37.

If you had bought USD$1,000 worth of Public Storage shares at the start of February 2020, those shares would have been worth USD$716.32 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,039.18.

Public Storage share price

Use our graph to track the performance of PSA stocks over time.

Public Storage shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$233
52-week rangeUSD$155.37 - USD$241.98
50-day moving average USD$223.1491
200-day moving average USD$201.8799
Wall St. target priceUSD$215.67
PE ratio 33.2857
Dividend yield USD$8 (3.46%)
Earnings per share (TTM) USD$7

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Public Storage stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Public Storage price performance over time

Historical closes compared with the close of $233 from 2020-10-16

1 week (2020-10-16) 233
1 month (2020-09-23) 9.44%
3 months (2020-07-23) 24.59%
6 months (2020-04-23) 24.27%
1 year (2019-10-23) -3.09%
2 years (2018-10-23) 17.90%
3 years (2017-10-23) 8.48%
5 years (2015-10-23) 1.35%

Is Public Storage under- or over-valued?

Valuing Public Storage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Public Storage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Public Storage's P/E ratio

Public Storage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Public Storage shares trade at around 33x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Public Storage's PEG ratio

Public Storage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.8711. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Public Storage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Public Storage's EBITDA

Public Storage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2 billion.

The EBITDA is a measure of a Public Storage's overall financial performance and is widely used to measure a its profitability.

Public Storage financials

Revenue TTM USD$2.9 billion
Operating margin TTM 50.95%
Gross profit TTM USD$2.1 billion
Return on assets TTM 8%
Return on equity TTM 16.06%
Profit margin 49.72%
Book value $27.838
Market capitalisation USD$40.8 billion

TTM: trailing 12 months

Shorting Public Storage shares

There are currently 3.6 million Public Storage shares held short by investors – that's known as Public Storage's "short interest". This figure is 23.6% down from 4.7 million last month.

There are a few different ways that this level of interest in shorting Public Storage shares can be evaluated.

Public Storage's "short interest ratio" (SIR)

Public Storage's "short interest ratio" (SIR) is the quantity of Public Storage shares currently shorted divided by the average quantity of Public Storage shares traded daily (recently around 779665.44276458). Public Storage's SIR currently stands at 4.63. In other words for every 100,000 Public Storage shares traded daily on the market, roughly 4630 shares are currently held short.

However Public Storage's short interest can also be evaluated against the total number of Public Storage shares, or, against the total number of tradable Public Storage shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Public Storage's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Public Storage shares in existence, roughly 20 shares are currently held short) or 0.0276% of the tradable shares (for every 100,000 tradable Public Storage shares, roughly 28 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Public Storage.

Find out more about how you can short Public Storage stock.

Public Storage's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Public Storage.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Public Storage's total ESG risk score

Total ESG risk: 19.51

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Public Storage's overall score of 19.51 (as at 10/01/2020) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Public Storage is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Public Storage's environmental score

Environmental score: 4.67/100

Public Storage's environmental score of 4.67 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Public Storage is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Public Storage's social score

Social score: 6.44/100

Public Storage's social score of 6.44 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Public Storage is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Public Storage's governance score

Governance score: 5.4/100

Public Storage's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Public Storage is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Public Storage's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Public Storage scored a 1 out of 5 for controversy – the highest score possible, reflecting that Public Storage has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Public Storage was last rated for ESG on: 2020-10-01.

Total ESG score 19.51
Total ESG percentile 14.14
Environmental score 4.67
Environmental score percentile 2
Social score 6.44
Social score percentile 2
Governance score 5.4
Governance score percentile 2
Level of controversy 1

Public Storage share dividends

Dividend payout ratio: 114.29% of net profits

Recently Public Storage has paid out, on average, around 114.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Public Storage shareholders could enjoy a 3.46% return on their shares, in the form of dividend payments. In Public Storage's case, that would currently equate to about $8 per share.

Public Storage's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Public Storage's most recent dividend payout was on 30 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 September 2020 (the "ex-dividend date").

Public Storage share price volatility

Over the last 12 months, Public Storage's shares have ranged in value from as little as $155.37 up to $241.98. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Public Storage's is 0.1495. This would suggest that Public Storage's shares are less volatile than average (for this exchange).

Public Storage overview

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. At June 30, 2020, we had: (i) interests in 2,500 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 238 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the ?Shurgard? brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at June 30, 2020. Our headquarters are located in Glendale, California.

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