About Public Storage
Public Storage (PSA) has been publicly traded since 1980, making it a 46-year-old public company. It operates in the REIT - Industrial industry within the Real Estate sector. The company is headquartered in Frisco, United States and employs approximately 5,770 people. With a market capitalization of $52 billion, PSA is a large established company.
Key Statistics
- Current Price
- $300.63
- Market Cap
- $52.76B
- 52-Week High
- $312.95
- 52-Week Low
- $256.54
- Sector
- Real Estate
- Industry
- REIT - Industrial
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +15.85% | $259.50 | $300.64 |
| 2025 | -9.69% | $287.33 | $259.50 |
| 2024 | +2.09% | $281.45 | $287.33 |
| 2023 | +13.60% | $247.74 | $281.45 |
| 2022 | -20.20% | $310.45 | $247.74 |
| 2021 | +66.63% | $186.31 | $310.45 |
| 2020 | +12.69% | $165.33 | $186.31 |
| 2019 | +8.96% | $151.73 | $165.33 |
| 2018 | +0.62% | $150.79 | $151.73 |
| 2017 | -2.89% | $155.29 | $150.79 |
| 2016 | -6.88% | $166.75 | $155.29 |
| 2015 | +38.40% | $120.49 | $166.75 |
| 2014 | +26.84% | $95.00 | $120.49 |
| 2013 | +7.38% | $88.47 | $95.00 |
| 2012 | +11.28% | $79.50 | $88.47 |
| 2011 | +36.75% | $58.13 | $79.50 |
| 2010 | +28.58% | $45.21 | $58.13 |
| 2009 | +5.93% | $42.68 | $45.21 |
| 2008 | +12.12% | $38.07 | $42.68 |
| 2007 | -22.87% | $49.36 | $38.07 |
| 2006 | +47.45% | $33.47 | $49.36 |
| 2005 | +25.11% | $26.76 | $33.47 |
| 2004 | +33.18% | $20.09 | $26.76 |
| 2003 | +40.96% | $14.25 | $20.09 |
| 2002 | +2.02% | $13.97 | $14.25 |
| 2001 | +45.00% | $9.63 | $13.97 |
| 2000 | +14.09% | $8.44 | $9.63 |
| 1999 | -10.97% | $9.49 | $8.44 |
| 1998 | -4.83% | $9.97 | $9.49 |
| 1997 | -2.23% | $10.19 | $9.97 |
| 1996 | +69.66% | $6.01 | $10.19 |
| 1995 | +40.95% | $4.26 | $6.01 |
| 1994 | +6.87% | $3.99 | $4.26 |
| 1993 | +71.68% | $2.32 | $3.99 |
| 1992 | +17.68% | $1.97 | $2.32 |
| 1991 | +37.62% | $1.43 | $1.97 |
| 1990 | -33.43% | $2.16 | $1.43 |
| 1989 | +7.94% | $2.00 | $2.16 |
| 1988 | +17.85% | $1.69 | $2.00 |
| 1987 | -28.93% | $2.38 | $1.69 |
| 1986 | -17.12% | $2.88 | $2.38 |
| 1985 | +2.10% | $2.82 | $2.88 |
| 1984 | +5.93% | $2.66 | $2.82 |
| 1983 | +2.27% | $2.60 | $2.66 |
| 1982 | +40.43% | $1.85 | $2.60 |
| 1981 | -4.08% | $1.93 | $1.85 |
Valuation
PSA currently trades at a trailing P/E ratio of 33.0, which is considered high relative to the broader market. The forward P/E of 28.5 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 10.7. The price-to-sales ratio is 10.8.
Dividends
Public Storage pays a dividend to shareholders with a current yield of 4.03%. This translates to $12.00 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
Risk & Volatility
PSA has a beta of 0.96, indicating it is similarly volatile to the overall market. The stock's 52-week range is $256.54 to $312.95, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 18 analyst opinions, PSA has a consensus "buy" rating. The average price target of $309.39 suggests 3.9% upside from current levels.
Frequently Asked Questions
What does Public Storage do? ▼
Public Storage is a REIT - Industrial company operating in the Real Estate sector. The company is headquartered in Frisco, United States.
What sector is PSA in? ▼
PSA operates in the Real Estate sector, specifically in the REIT - Industrial industry.
When did PSA go public? ▼
Public Storage went public in 1980, making it a 46-year-old public company as of 2026.
How much would $1,000 invested in PSA 5 years ago be worth today? ▼
A $1,000 investment in PSA five years ago would be worth approximately $1,552 today, representing a 55.2% return.
Does PSA pay dividends? ▼
Yes, Public Storage pays a dividend with a current yield of 4.03%, which is $12.0 per share annually.
What is PSA's market cap? ▼
Public Storage has a market capitalization of $52 billion, classifying it as a large-cap company.
What is PSA's P/E ratio? ▼
PSA has a trailing P/E ratio of 33.0 and a forward P/E of 28.5, which measures how much investors are paying per dollar of earnings.
Is PSA a buy, hold, or sell? ▼
Based on 18 opinions, PSA has a consensus "buy" rating. The average price target is $309.39.
Last updated: 3/14/2026