PSA Stock - Public Storage

PSA Stock Chart

PSA Profile

Public Storage, a prominent member of the S&P 500 and FT Global 500, operates as a leading real estate investment trust (REIT) specializing in the acquisition, development, ownership, and operation of self-storage facilities. As of September 30, 2020, the company's extensive portfolio comprised interests in 2,504 self-storage facilities spread across 38 states in the United States. These facilities collectively offer approximately 171 million net rentable square feet, catering to diverse storage needs.

In addition to its domestic holdings, Public Storage holds a significant approximately 35% common equity interest in Shurgard Self Storage SA, that iss listed on Euronext Brussels under ticker symbol SHUR. Shurgard operates 239 self-storage facilities in seven Western European countries, totaling approximately 13 million net rentable square feet, recognized under the trusted "Shurgard" brand. Furthermore, Public Storage maintains an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE: PSB), which specializes in owning and managing approximately 28 million rentable square feet of commercial space.

Headquartered in Glendale, California, Public Storage is known for its robust operational capabilities and strategic investments in the self-storage sector. The company's leadership position and expansive geographical footprint reflect its commitment to providing secure, accessible, and reliable storage solutions to customers and businesses alike. With a solid foundation in place, Public Storage continues to pursue growth opportunities while maintaining a focus on enhancing shareholder value through disciplined management and prudent investment strategies.

PSA Revenue Chart

PSA Earnings

Analyst Ratings