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Upturn stock ratingUpturn stock rating
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Public Storage (PSA)

Upturn stock ratingUpturn stock rating
$298.86
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: PSA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 0.5%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 52.43B USD
Price to earnings Ratio 28.06
1Y Target Price 334
Price to earnings Ratio 28.06
1Y Target Price 334
Volume (30-day avg) 807479
Beta 0.73
52 Weeks Range 246.58 - 362.91
Updated Date 04/1/2025
52 Weeks Range 246.58 - 362.91
Updated Date 04/1/2025
Dividends yield (FY) 4.01%
Basic EPS (TTM) 10.65

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 43.94%
Operating Margin (TTM) 46.64%

Management Effectiveness

Return on Assets (TTM) 6.97%
Return on Equity (TTM) 20.93%

Valuation

Trailing PE 28.06
Forward PE 30.21
Enterprise Value 65680881589
Price to Sales(TTM) 11.12
Enterprise Value 65680881589
Price to Sales(TTM) 11.12
Enterprise Value to Revenue 13.99
Enterprise Value to EBITDA 18.73
Shares Outstanding 175416992
Shares Floating 157368780
Shares Outstanding 175416992
Shares Floating 157368780
Percent Insiders 10.19
Percent Institutions 82.61

Analyst Ratings

Rating 3.6
Target Price 346
Buy 4
Strong Buy 5
Buy 4
Strong Buy 5
Hold 10
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Public Storage

stock logo

Company Overview

overview logo History and Background

Public Storage was founded in 1972 by B. Wayne Hughes and Kenneth Volk Jr. It began as a single self-storage facility in Southern California and grew rapidly through acquisitions and new developments, becoming the largest self-storage company in the world.

business area logo Core Business Areas

  • Self-Storage Operations: Owns, operates, and acquires self-storage facilities. It generates revenue from rental of storage spaces to both individual and commercial customers.
  • Ancillary Products & Services: Offers packing supplies, moving services, and insurance products to complement its storage solutions.
  • Real Estate Operations: The Company invests in real estate directly and through REIT investments related to the self storage industry.

leadership logo Leadership and Structure

Joe Russell is the CEO of Public Storage. The company operates as a real estate investment trust (REIT) with a traditional hierarchical structure.

Top Products and Market Share

overview logo Key Offerings

  • Self-Storage Units: Rental of various sized self-storage units to individuals and businesses. Public Storage has approximately 1.9 million customers. Competitors include Extra Space Storage, CubeSmart, and Life Storage. There is no precise breakdown of revenue from this offering specifically.
  • Moving and Packing Supplies: Sale of boxes, tape, and other moving supplies. This is a smaller revenue stream compared to storage rentals. Competitors include U-Haul and local moving supply stores. Exact revenue numbers are not broken out from the primary source of self-storage revenues.

Market Dynamics

industry overview logo Industry Overview

The self-storage industry is experiencing steady growth, driven by factors like increasing mobility, urbanization, and downsizing trends. It's considered a relatively recession-resistant industry.

Positioning

Public Storage is the largest self-storage REIT globally and has a strong brand recognition. It benefits from economies of scale and a diversified geographic footprint.

Total Addressable Market (TAM)

The self-storage market is estimated to be worth over $50 billion annually. Public Storage, with its leading market share, is well-positioned to capture a significant portion of this TAM. The continued demand for storage solutions provides for continued growth.

Upturn SWOT Analysis

Strengths

  • Largest self-storage REIT
  • Strong brand recognition
  • Diversified geographic footprint
  • High occupancy rates
  • Economies of scale

Weaknesses

  • High capital expenditure requirements
  • Sensitivity to economic downturns
  • Reliance on acquisitions for growth

Opportunities

  • Expansion into new markets
  • Development of new storage facilities
  • Technological advancements (e.g., online rentals)
  • Increased demand from e-commerce businesses

Threats

  • Increased competition
  • Rising interest rates
  • Changes in consumer preferences
  • Economic recessions
  • Overbuilding of storage facilities

Competitors and Market Share

competitor logo Key Competitors

  • EXR
  • CUBE
  • LSI

Competitive Landscape

Public Storage has a significant advantage due to its size and brand recognition. However, competitors are actively expanding and innovating, creating a dynamic competitive landscape.

Major Acquisitions

Simply Self Storage

  • Year: 2020
  • Acquisition Price (USD millions): 2200
  • Strategic Rationale: Expanded Public Storage's presence in key markets and added a significant number of new storage facilities to its portfolio. Increase scale and density within exisiting markets.

Growth Trajectory and Initiatives

Historical Growth: Public Storage has experienced steady growth over the past years, driven by acquisitions and organic expansion.

Future Projections: Analyst estimates suggest continued growth for Public Storage, driven by increasing demand for self-storage solutions. Factors like urbanization, housing market trends, and economic activity influence these projections.

Recent Initiatives: Recent initiatives include investments in technology to enhance customer experience, expansion into new markets, and acquisitions of existing storage facilities.

Summary

Public Storage is a leading self-storage REIT with a strong market position and brand. Its diversified geographic footprint and economies of scale provide a competitive advantage. However, it faces increasing competition and is sensitive to economic downturns. To sustain growth, Public Storage needs to focus on technological innovation and strategic acquisitions.

Similar Companies

CUBEratingrating

CubeSmart

$42.03
Mid-Cap Stock
0%
PASS

CUBEratingrating

CubeSmart

$42.03
Mid-Cap Stock
0%
PASS

EXRratingrating

Extra Space Storage Inc

$147.84
Large-Cap Stock
0%
PASS

EXRratingrating

Extra Space Storage Inc

$147.84
Large-Cap Stock
0%
PASS

UHALratingrating

U-Haul Holding Company

$66.55
Large-Cap Stock
0%
PASS

UHALratingrating

U-Haul Holding Company

$66.55
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q), Investor presentations, Industry reports, Market research reports, Reuters, Bloomberg, SEC.gov

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual research and consultation with a qualified financial advisor. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Public Storage

Exchange NYSE
Headquaters Glendale, CA, United States
IPO Launch date 1980-11-18
CEO, President & Trustee Mr. Joseph D. Russell Jr.
Sector Real Estate
Industry REIT - Industrial
Full time employees 5900
Full time employees 5900

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2024, we: (i) owned and/or operated 3,380 self-storage facilities located in 40 states with approximately 245 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 318 self-storage facilities located in seven Western European nations with approximately 17 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.

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