Company Overview
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 September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 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 239 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 September 30, 2020. Our headquarters are located in Glendale, California.
Company Information
- CEO
- Joseph D. Russell Jr.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Employees
- 5900
Contact Information
- Address
- 701 Western Avenue
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Real Estate leader with 49.23B market capitalization
- Trading Volume: 416.45K shares traded today
- Price Range: 52-week range of $256.60 - $369.99
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Public Storage
Public Storage (PSA) operates in the REIT - Industrial industry within the Real Estate sector. With a current market capitalization of 49.23B, the company represents a significant player in its market. The stock is currently trading at $280.56 with a negativedaily change of 0.84%.
The company's 5900 employee base and presence on the New York Stock Exchangeexchange position it as a Real Estate sector leader. Investors should consider the stock's P/E ratio of 30.60, beta of 0.85, and 52-week price range from $256.60 to $369.99when evaluating investment opportunities.
Why Invest in Public Storage?
Strengths
- • Established market presence in Real Estate
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Joseph D. Russell Jr.
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Real Estate Sector
The Real Estate sector includes companies that own, develop, and manage real estate properties including commercial, residential, and industrial.