NYSE · PSA
Public Storage
Real Estate · REIT - Industrial
$294.600.00% ($0.00)at close
As of 4:00 PM ET
Market cap
$54.94B
P/E
25.44
Volume
882.11K
Shares outstanding
186.48M
Recent acquisition on record
Event dated May 11, 2026Public Storage has a recent acquisition record for National Storage Affiliates Trust. Reported results and multi-period comparisons may mix pre- and post-transaction periods, so review the reference filing before leaning on valuation outputs.
Open reference filingPrice vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 2.05% over the last year. Revenue grew 2.97% over the trailing twelve months. Operating margin moved from 46.98% to 48.3%. Free cash flow grew 13.02% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 48.3%. A decisive move in revenue — currently up 2.97% — would be the clearest signal to resolve the ambiguity.
Performance
Return analysis
Company profile
Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
11
Buy
23
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 4, 2026
Q4 FY26 · EPS est $2.44 · Revenue est $1.32B
View
Dividends
$12.00/shareQuarterly3yr growth streakEx-div Sep 15, 2026 · in 5dAdequatePSA pays a dividend with a 4.07% declared yield, 3 consecutive years of growth, growing at 8.45% annually, covered 1.3× by free cash flow.
Declared Yield
4.07%
Annual Div / Share
$12.00
5yr CAGR
+8.45%
Doubles every ~8.5yr
FCF Coverage
1.3×
Adequate
Dividend Growth Rate
3yr CAGR
+2.94%
5yr CAGR
+8.45%
10yr CAGR
+5.1%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$3/mo
In 5 yrs
$5/mo
In 10 yrs
$8/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$41/yr $3/mo | $61/yr+50% $5/mo | $92/yr+125% $8/mo |
Yield-on-cost grows from 4.07% → 9.16% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 8.45% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.