In Thursday trading, Public Storage shares are currently up about 0.1% on the day.
With nearly a quarter of its revenue coming from California, Public Storage has struggled during the recession.
Headquartered in Glendale, California, Public Storage is a real estate investment trust that was founded in 1971.
Structured as a real estate investment trust, Public Storage must distribute 95% of its net income to shareholders.
Analysts generally think investors should stand pat on Public Storage, with 10 of 19 analysts rating it hold.
Analysts generally think investors should stand pat on Public Storage, with 10 of 17 analysts rating it hold.
Public Storage is the largest self-storage company in the nation, with 2, 100 centers.
Public Storage (PSA) reports its fourth quarter earnings on Thursday, February 21, 2013.
Wayne Hughes, is the largest single shareholder in Public Storage, owning more than the rest of her family combined.
However, another great way to get access to sound income is by investing in the preferred shares of Public Storage.
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At one point on May 6, somebody launched 5, 000 quotes at the NYSE for the ticker of Public Storage inside of one second.
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This summer, I moved my apartment into Public Storage, shipped my car to L.A., and spent every month in a different city.
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With rising earnings estimates, strong expected earnings growth and a decent dividend yield, Public Storage looks like an attractive growth and income pick.
In August alone, American International Group, Hershey, Illinois Tool Works, Ingersoll-Rand, Parker-Hannifin, Public Storage and Wachovia all announced dividend increases of more than 10%.
Major REITs including Simon Property Group ( SPG), Public Storage ( PSA) and Vornado ( VNO) trade at much higher valuations, based on PE ratio.
Public Storage, Extra Space and Sovran, three publicly traded American self-storers, were up between 30% and 140% since August 2007, while REIT indexes have lost ground.
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Among the largest underlying components of VNQ, in trading today Public Storage ( PSA) is up about 0.7%, and Prologis Incorporated ( PLD) is lower by about 0.2%.
Among the largest underlying components of VNQ, in trading today Equity Residential ( NYSE: EQR) is up about 0.1%, Public Storage ( NYSE: PSA) is trading flat, and Prologis Incorporated ( NYSE: PLD) is up by about 1.4%.
Among the largest underlying components of VNQ, in trading today Public Storage ( NYSE: PSA) is off about 0.8%, Equity Residential ( NYSE: EQR) is down about 0.7%, and HCP, Inc. ( NYSE: HCP) is lower by about 0.4%.
Among the largest underlying components of VNQ, in trading today Public Storage ( NYSE: PSA) is up about 1.4%, Equity Residential ( NYSE: EQR) is up about 1.2%, and Prologis Inc ( NYSE: PLD) is lower by about 0.2%.
Among the largest underlying components of VNQ, in trading today Equity Residential ( NYSE: EQR) is down about 3.3%, Public Storage ( NYSE: PSA) is off about 0.8%, and Prologis Incorporated ( NYSE: PLD) is lower by about 1.2%.
Among the largest underlying components of VNQ, in trading today Equity Residential ( NYSE: EQR) is off about 1.3%, Public Storage ( NYSE: PSA) is down about 1.6%, and Prologis Incorporated ( NYSE: PLD) is up by about 0.3%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is down about 0.1%, Public Storage ( NYSE: PSA) is off about 0.7%, and HCP, Inc. ( NYSE: HCP) is relatively unchanged.
Among the largest underlying components of IYR, in trading today Simon Property Group Incorporated ( NYSE: SPG) is up about 0.7%, Equity Residential ( NYSE: EQR) is trading flat, and Public Storage ( NYSE: PSA) is lower by about 0.1%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is up about 0.2%, Public Storage ( NYSE: PSA) is trading flat, and Equity Residential ( NYSE: EQR) is lower by about 0.2%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is down about 0.4%, Public Storage ( NYSE: PSA) is down about 0.1%, and HCP, Inc. ( NYSE: HCP) is up by about 0.1%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is down about 0.7%, Public Storage ( NYSE: PSA) is off about 0.4%, and Equity Residential ( NYSE: EQR) is lower by about 0.5%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is up about 0.5%, Public Storage ( NYSE: PSA) is up about 0.8%, and Equity Residential ( NYSE: EQR) is up by about 1%.
Among the largest underlying components of VNQ, in trading today Simon Property Group, Inc. ( NYSE: SPG) is off about 0.1%, Public Storage ( NYSE: PSA) is off about 0.2%, and HCP, Inc. ( NYSE: HCP) is lower by about 0.7%.
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