PSA:NYE-Public Storage

COMMON STOCK | REIT - Industrial | NYE

Last Closing Price

USD 259.50

Change

-2.39 (-0.91)%

Market Cap

USD -1,519,165,440.00

Volume

0.77M

Average Target Price

USD 227.97 (-12.15%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

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, 2019, we had: (i) interests in 2,456 self-storage facilities located in 38 states with approximately 166 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 231 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, 2019. Our headquarters are located in Glendale, California.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-08-23 )

Largest Industry Peers for REIT - Industrial

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NSA National Storage Affiliates Tr..

-0.22 (-0.66%)

USD 1.98B 3,013.00 20.28
PSA-PH Public Storage

+0.02 (+0.07%)

USD 1.73B 3.31 5.06
PLD Prologis, Inc

-2.10 (-2.50%)

USD 1.47B 31.19 30.43
MNR-PC Monmouth Real Estate Investmen..

-0.04 (-0.16%)

USD 1.33B 224.73 29.98
MNR Monmouth Real Estate Investmen..

-0.14 (-1.06%)

USD 1.25B 120.36 20.30
IIPR Innovative Industrial Properti..

-4.84 (-4.55%)

USD 1.20B 95.46 89.58
IIPR-PA Innovative Industrial Properti..

-0.23 (-0.77%)

USD 1.10B 27.23 29.13
FR First Industrial Realty Trust,..

-0.85 (-2.18%)

USD 0.64B 34.01 21.59
LSI Life Storage, Inc

-1.00 (-0.95%)

USD 0.60B 23.48 20.23
REXR Rexford Industrial Realty, Inc

-1.02 (-2.34%)

USD 0.50B 108.93 37.24

ETFs Containing PSA

Symbol Name Weight Mer Price(Change) Market Cap
REZ iShares Residential Real .. 9.39 % 0.48 %

-0.83 (-1.05%)

USD 0.47B
ICF 6.26 % 0.34 %

N/A

N/A
RWR SPDR Dow Jones REIT ETF 5.23 % 0.25 %

-1.62 (-1.58%)

USD 2.54B
SCHH Schwab U.S. REIT ETF 5.23 % 0.07 %

-0.76 (-1.65%)

USD 5.45B
XLRE The Real Estate Select Se.. 4.80 % 0.13 %

-0.49 (-1.25%)

USD 3.20B
WREI Invesco Wilshire US REIT .. 4.43 % 0.32 %

N/A

USD 0.01B
FRI First Trust S&P REIT Inde.. 4.06 % 0.50 %

-0.36 (-1.39%)

USD 0.15B
USRT iShares Core U.S. REIT ET.. 3.81 % 0.08 %

-0.78 (-1.44%)

USD 1.44B
GRI Cohen & Steers Global Rea.. 3.65 % 0.55 %

-0.64 (-1.34%)

USD 0.05B
CGR:CA iShares Global Real Estat.. 3.64 % 0.71 %

-0.22 (-0.70%)

CAD 0.13B
CGR.A:CA 3.42 % 1.58 %

N/A

N/A
FREL Fidelity MSCI Real Estate.. 3.19 % 0.08 %

-0.35 (-1.27%)

USD 0.81B
IYR iShares U.S. Real Estate .. 3.07 % 0.42 %

-1.27 (-1.38%)

USD 4.74B
RWO SPDR Dow Jones Global Rea.. 3.04 % 0.50 %

-0.55 (-1.08%)

USD 2.27B
FCUL:CA Fidelity U.S. Low Volatil.. 2.85 % 0.00 %

N/A

CAD 0.05B
FCLH:CA Fidelity U.S. Low Volatil.. 2.83 % 0.43 %

N/A

CAD 7.11M
VNQ Vanguard Real Estate Inde.. 2.81 % 0.12 %

-1.29 (-1.40%)

USD 33.70B
VSMV VictoryShares US Multi-Fa.. 2.73 % 0.35 %

-0.65 (-2.07%)

USD 0.04B
REET iShares Global REIT ETF 2.72 % 0.14 %

-0.27 (-0.98%)

USD 1.58B
PSR Invesco Active U.S. Real .. 2.64 % 0.00 %

-1.24 (-1.31%)

USD 0.07B
DRN Direxion Daily MSCI Real .. 2.55 % 1.09 %

-1.22 (-4.28%)

USD 0.05B
FFR First Trust FTSE EPRA/NAR.. 2.27 % 0.60 %

-0.39 (-0.81%)

USD 0.05B
RORE Hartford Multifactor REIT.. 2.25 % 0.45 %

-0.26 (-1.65%)

USD 0.02B
SPYD SPDR Portfolio S&P 50.. 1.41 % 0.08 %

-0.97 (-2.67%)

USD 1.68B
MXDU Nationwide Maximum Divers.. 1.24 % 0.34 %

-0.70 (-2.38%)

USD 0.10B
MUS:CA Mackenzie Maximum Diversi.. 1.23 % 0.58 %

-0.44 (-1.60%)

CAD 0.12B

Market Performance

  Market Performance vs.
Industry/Classification (REIT - Industrial)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 28.21% 47% F 87% B+
Dividend Return 1.98% 50% F 57% F
Total Return 30.18% 47% F 88% B+
Trailing 12 Months  
Capital Gain 22.60% 59% F 91% A-
Dividend Return 3.78% 56% F 68% D+
Total Return 26.38% 59% F 92% A-
Trailing 5 Years  
Capital Gain 48.34% 31% F 82% B-
Dividend Return 20.92% 38% F 71% C-
Total Return 69.26% 31% F 85% B
Average Annual (5 Year Horizon)  
Capital Gain 4.84% 12% F 66% D
Dividend Return 3.52% 44% F 67% D+
Total Return 8.36% 6% F 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 16.42% 71% C- 48% F
Risk Adjusted Return 50.94% 24% F 63% D
Market Capitalization -1,519,165,440.00 21% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT - Industrial)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 31.26 75% C 21% F
Price/Book Ratio 9.07 4% F 11% F
Price / Cash Flow Ratio 22.18 56% F 15% F
EV/EBITDA 27.16 39% F 13% F
Management Effectiveness  
Return on Equity 19.27% 96% A 84% B
Return on Invested Capital 22.98% 100% A+ 93% A
Return on Assets 8.66% 89% B+ 90% A-
Debt to Equity Ratio 27.69% 88% B+ 80% B-
Technical Ratios  
Short Ratio 7.02 22% F 18% F
Short Percent 4.66% 33% F 63% D
Beta 0.03 96% A 92% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.