Public Storage which can be found using ticker (PSA) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 367 and 294 calculating the mean target price we have $343.50. Given that the stocks previous close was at $287.64 this is indicating there is a potential upside of 19.4%. There is a 50 day moving average of $296.73 and the 200 moving average now moves to $303.44. The company has a market cap of $50,856m. Find out more information at: https://www.publicstorage.com
The potential market cap would be $60,732m based on the market consensus.
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 December 31, 2022, we had: (i) interests in 2,869 self-storage facilities located in 40 states with approximately 204 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 266 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
The company has a dividend yield of 4.16% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 12.27, revenue per share of 24.19 and a 7.84% return on assets.
