PS

Public Storage.

PSA
NYSEReal Estate
$320.17
USD
-0.81(-0.25%)
At close: Jun 16, 20:00 UTC

Open

$319.92

Prev. Close

$319.72

High

$320.49

Low

$319.89

Market Snapshot

Market Cap

$56.19B

P/E Ratio

33.0

EPS

10.67

Revenue

$4.7B

About

Public Storage is a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. The company is headquartered in Glendale, California and currently employs 5,770 full-time employees. Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, and other related operations, such as tenant reinsurance, merchandise sales, third party management, and bridge lending to third-party self-storage owners, as well as the acquisition and development of additional self-storage space. Its Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, newly developed and expanded facilities, and other non-same store facilities. Its Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. The company owned interests in over 3,085 self-storage facilities located in 40 states in the United States.

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