PSA Public Storage - Fundamental Analysis
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PSA Stock | Fundamental Analysis & Investment Insights
NYSE
Real Estate
REIT - Industrial
Current Price
Live
$293.89
Analyst Target
$313.37
+6.6%
Upside
52W High
$322.49
52W Low
$256.54
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Jan 17, 2026
Market cap
$51.57B
P/E
30.49
ROE
19.9%
Profit margin
39.5%
Debt/Equity
1.07
Dividend yield
4.1%
AI Analysis
AI-powered fundamental assessment
Confidence
75%
PSA exhibits strong fundamental health with a Piotroski F-Score of 7/9, indicating solid profitability and operational efficiency. However, the lack of an Altman Z-Score prevents a full financial distress assessment, though the Debt/Equity ratio of 1.07 is manageable relative to sector peers. The stock trades above its Graham Number of $78.32 at $293.89, reflecting premium valuation likely supported by stable REIT demand and dividend appeal, but high P/E and Price/Book ratios suggest limited margin of safety. Mixed earnings surprises, declining recent performance, and a concerning 124.61% payout ratio temper optimism despite strong historical profitability and analyst buy recommendation.
Key Strengths
Strong Piotroski F-Score of 7/9 indicates high financial health and consistent profitability
Exceptional profitability metrics: ROE of 19.93%, ROA of 7.02%, and gross margin of 72.70%
Above-average dividend yield of 4.10% provides income appeal in the REIT sector
Earnings growth of 21.30% YoY outpaces sector average revenue growth
Analyst consensus supports a 'buy' recommendation with a target price of $313.37
Key Risks
Dividend payout ratio of 124.61% exceeds earnings, raising sustainability concerns
Very low current and quick ratios (0.27 and 0.20) indicate potential liquidity risk
Missing key financial data (Altman Z-Score, cash/debt, EV/EBITDA) limits risk assessment reliability
Technical trend score of 0/100 signals strong bearish momentum near term
Valuation multiples (P/E 30.49, P/B 10.39) are high relative to historical and sector defensive standards
AI Fair Value Estimate
Based on comprehensive analysis
$284.38
-3.2% below current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
64
Strong
52
65
70
76
58
AI Verdict
Moderately positive with caution due to valuation and liquidity concerns
Key drivers: High Piotroski score and strong ROE, Premium valuation and high payout ratio, Bearish technical trend, Lack of Altman Z-Score and incomplete financial data, Analyst buy recommendation and solid earnings growth
Confidence
78%
Value
52/100
Ref P/E, PEG, Graham Number
Positives
- Intrinsic Value (Formula) of $284.38 is close to current price
- Graham Number provides conservative floor at $78.32
Watchpoints
- Current price of $293.89 exceeds both Graham and Intrinsic values
- P/E of 30.49 and P/B of 10.39 are elevated
Future
65/100
Ref Growth rates
Positives
- 21.30% YoY earnings growth
- 18.80% Q/Q earnings growth
- Analyst target price implies 6.6% upside
Watchpoints
- PEG Ratio unavailable
- Revenue growth of 3.10% lags sector average of 8.64%
Past
70/100
Ref Historical trends
Positives
- Long history of earnings beats, including multiple double-digit surprises
- 5Y price return of +65.1% outperforms market and sector
Watchpoints
- Recent quarters show declining earnings surprises and misses
- Most recent YoY EPS growth slowed to 2.3%
Health
76/100
Ref Altman Z-Score, Piotroski F-Score
Positives
- Piotroski F-Score of 7/9 indicates strong financial health
- Debt/Equity of 1.07 below sector average of 2.09
Watchpoints
- Altman Z-Score not available, limiting distress risk analysis
- Current and quick ratios critically low at 0.27 and 0.20
Dividend
58/100
Ref Yield, Payout
Positives
- Dividend yield of 4.10% is attractive in current rate environment
- Insider sentiment neutral, no red flags from selling
Watchpoints
- Payout ratio of 124.61% indicates dividends are not fully covered by earnings
- Dividend Strength score of 40/100 reflects sustainability concerns
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$293.89
Analyst Target
$313.37
Upside/Downside
+6.6%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for PSA and closest competitors.
Updated 2026-01-16
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
PSA
Public Storage
Primary
|
+65.1% | +14.0% | +2.9% | +5.7% | +10.0% | +5.7% |
|
O
Realty Income Corporation
Peer
|
+40.3% | +8.3% | +19.1% | +11.8% | +6.8% | +5.6% |
|
DLR
Digital Realty Trust, Inc.
Peer
|
+41.0% | +69.7% | -6.4% | -6.7% | +10.2% | +3.2% |
|
CCI
Crown Castle Inc.
Peer
|
-30.4% | -20.6% | -5.9% | -8.4% | -6.5% | +2.4% |
|
SPG
Simon Property Group, Inc.
Peer
|
+160.3% | +73.9% | +12.5% | +16.3% | +0.4% | +0.1% |
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
30.49
Forward P/E
28.76
PEG Ratio
N/A
P/B Ratio
10.39
P/S Ratio
10.75
EV/Revenue
13.71
EV/EBITDA
19.46
Market Cap
$51.57B
Profitability
Profit margins and return metrics
Profit Margin
39.45%
Operating Margin
46.95%
Gross Margin
72.7%
ROE
19.93%
ROA
7.02%
Growth
Revenue and earnings growth rates
Revenue Growth
+3.1%
Earnings Growth
+21.3%
Q/Q Revenue Growth
N/A
Q/Q Earnings Growth
+18.8%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
1.07
Moderate
Current Ratio
0.27
Weak
Quick Ratio
0.2
Poor
Cash/Share
$1.69
Quarterly Earnings History
EPS performance vs analyst estimates
2026-02-24
$N/A
2025-10-29
$2.62
+3.1% surprise
2025-07-30
$2.58
+0.9% surprise
2025-04-30
$2.42
+1.2% surprise
Real Estate Sector Comparison
Comparing PSA against 56 companies in the Real Estate sector
(1 bullish, 9 neutral, 46 bearish)
P/E Ratio
30.49
This Stock
vs
48.27
Sector Avg
-36.8%
(Discount)
Return on Equity (ROE)
19.93%
This Stock
vs
-78.08%
Sector Avg
-125.5%
(Below Avg)
Profit Margin
39.45%
This Stock
vs
26.51%
Sector Avg
+48.8%
(Superior)
Debt to Equity
1.07
This Stock
vs
3.28
Sector Avg
-67.4%
(Less Debt)
Revenue Growth
3.1%
This Stock
vs
1826.7%
Sector Avg
-99.8%
(Slower)
Current Ratio
0.27
This Stock
vs
8.04
Sector Avg
-96.7%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
PSA
Public Storage
|
NEUTRAL | $51.57B | 30.49 | 19.9% | 39.5% | $293.89 | |
|
O
Realty Income Corporation
|
BEARISH | $56.39B | 57.4 | 2.5% | 17.1% | $61.42 | |
|
DLR
Digital Realty Trust, Inc.
|
NEUTRAL | $57.21B | 42.49 | 5.8% | 24.0% | $163.6 | |
|
CCI
Crown Castle Inc.
|
BEARISH | $39.92B | - | -206.7% | -71.9% | $91.68 | |
|
SPG
Simon Property Group, Inc.
|
NEUTRAL | $69.75B | 26.92 | 82.5% | 36.5% | $184.92 |
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2025-12-31 | REYES JOHN | Director | Stock Award | 128 | $33,216 |
| 2025-12-31 | MITRA SHANKH | Director | Stock Award | 128 | $33,216 |
| 2025-12-31 | WILLIAMS PAUL STRATTON | Director | Stock Award | 77 | $19,982 |
| 2025-12-30 | SPOGLI RONALD P | Director | Stock Award | 6 | $1,750 |
| 2025-12-30 | HAVNER RONALD L JR | Director | Stock Award | 4 | $1,240 |
| 2025-09-30 | REYES JOHN | Director | Stock Award | 115 | $33,218 |
| 2025-09-30 | SPOGLI RONALD P | Director | Stock Award | 5 | $1,724 |
| 2025-09-30 | HAVNER RONALD L JR | Director | Stock Award | 4 | $1,219 |
| 2025-09-30 | MITRA SHANKH | Director | Stock Award | 115 | $33,218 |
| 2025-09-30 | WILLIAMS PAUL STRATTON | Director | Stock Award | 70 | $20,220 |
| 2025-08-08 | PETHERBRIDGE LUKE J | Director | Purchase | 700 | $198,975 |
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
BUY
19 analysts
UBS
2026-01-08
Neutral
Neutral
JP Morgan
2025-12-18
Overweight
Neutral
Mizuho
2025-12-05
Neutral
Neutral
Evercore ISI Group
2025-12-01
In-Line
In-Line
Truist Securities
2025-11-25
Buy
Buy
Evercore ISI Group
2025-11-03
In-Line
In-Line
RBC Capital
2025-10-31
Sector Perform
Sector Perform
Wells Fargo
2025-10-27
Overweight
Overweight
Evercore ISI Group
2025-10-03
In-Line
In-Line
UBS
2025-09-16
Neutral
Neutral
Past News Coverage
Recent headlines mentioning PSA from our newsroom.
Newest → oldest
No matching news yet.