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Last $195.09 USD
Change Today +0.24 / 0.12%
Volume 495.7K
PSA On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

public storage (PSA) Snapshot

Open
$194.81
Previous Close
$194.85
Day High
$196.25
Day Low
$193.37
52 Week High
01/28/15 - $206.92
52 Week Low
09/25/14 - $162.34
Market Cap
33.7B
Average Volume 10 Days
751.0K
EPS TTM
$5.47
Shares Outstanding
172.9M
EX-Date
06/11/15
P/E TM
35.7x
Dividend
$6.80
Dividend Yield
2.87%
Current Stock Chart for PUBLIC STORAGE (PSA)

public storage (PSA) Details

Public Storage is an equity real estate investment trust. It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. The firm's self-storage facilities offer storage spaces for lease on a month-to-month basis for personal and business use. It also has interests in commercial properties containing commercial and industrial rental space and ancillary operations, which include reinsurance of policies against losses to goods stored by its self-storage tenants and and retail operations comprising merchandise sales. Public Storage was founded in 1971 and is based in Glendale, California.

5,300 Employees
Last Reported Date: 02/25/15
Founded in 1971

public storage (PSA) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $600.0K
Senior Vice President and President of Real E...
Total Annual Compensation: $350.0K
Chief Human Resources Officer
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2014.

public storage (PSA) Key Developments

Public Storage Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Declares Quarterly Common Dividend Payable on June 30, 2015

Public Storage reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $569,394,000 compared to $519,624,000 a year ago. Operating income was $264,926,000 compared to $217,095,000 a year ago. Net income allocable to the common shareholders was $212,613,000 or $1.23 per basic and diluted share compared to $174,052,000 or $1.01 per basic and diluted share a year ago. FFO allocable to the common shareholders was $331,135,000 or $1.91 per share compared to $301,529,000 or $1.74 per share a year ago. FAD was $335,178,000 compared to $297,028,000 a year ago. Self-storage revenues were $530,637,000 compared to $485,587,000 a year ago. The increase is net income was primarily due to a $39.9 million increase in self-storage net operating income, as a result of a $25.5 million increase for same store facilities and a $14.4 million increase for non same store facilities. Revenues for the same store facilities increased 6.1% due primarily to higher realized annual rent per occupied square foot. Core FFO per share was $1.94 compared to $1.80 a year ago. The increase in net operating income for the non same store facilities is due primarily to the impact of the acquisition of 48 self-storage facilities since January 2014. Core FFO per share is not a substitute for net income per share. On April 29, 2015, the Board of Trustees of company declared a regular common quarterly dividend of $1.70 per common share which is an increase of $0.30 per share, or 21%, over the previous quarter's distribution. The dividend is payable on June 30, 2015 to shareholders of record as of June 15, 2015.

Public Storage(NYSE:PSA.PROCL) dropped from S&P Preferred Stock Index

Public Storage(NYSE:PSA.PROCL) dropped from S&P Preferred Stock Index

Public Storage to Report Q1, 2015 Results on Apr 30, 2015

Public Storage announced that they will report Q1, 2015 results at 11:51 PM, GMT Standard Time on Apr 30, 2015

 

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PSA:US $195.09 USD +0.24

PSA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Derwent London PLC 3,589 GBp -2.00
Extra Space Storage Inc $70.78 USD +0.32
Hammerson PLC 678.00 GBp -0.50
Segro PLC 422.00 GBp -0.50
British Land Co PLC/The 869.00 GBp +0.50
View Industry Companies
 

Industry Analysis

PSA

Industry Average

Valuation PSA Industry Range
Price/Earnings 35.7x
Price/Sales 14.4x
Price/Book 6.6x
Price/Cash Flow 20.6x
TEV/Sales 12.5x
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