Public Storage stock
PSANYSEReal EstateISIN US74460D1090
70Score 70 out of 100, Strong
Price and trend
68 / 100
Price history
+21% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 9.2% above it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 72).
The price is 2.8% below its 52-week high. Largest decline in 20 years: 58% (February 2007 to March 2009).
Chart figures for advanced users
- SMA 50$302.93
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$305.21
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)72
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$258.44
- The lowest closing price of the last twelve months.
- Resistance$342.76
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Public Storage belongs to the REIT (Industrial) industry (United States) and, with a market value of $62.28B, is number 2 of 17 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $4.82B (up 2.7% year on year) and earnings of $1.78B (down 13.9%).
- For fiscal 2026, analysts expect on average revenue of $5.19B (up 7.5%) and adjusted earnings per share of $9.88 (up 9.4%).
Show more
- MEQIRI Score 70 out of 100 (Strong): rank 16 of 325 in Real Estate, median 55.
- The P/E is 36.4 (REIT (Industrial) median 23.8, own median of recent years 28.9).
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $317.12, with the price 5% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for 23 years.Capital allocation 55
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 88
- Earnings turn into cashFree cash flow 146% of earnings over the last 12 months.Fundamentals 88
Weaknesses
- Richly valuedP/E 36.4, REIT (Industrial) median 23.8, own median 28.9.Valuation 36
Its standout strengths are fundamentals and profitability, while valuation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $264.27 and expensive above $396.40 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $357.56 (cash-flow model) and $276.68 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $286.29, at 7.8% it would be $363.45.
Valuation metrics
Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (17.3). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings, here following the industry rule (Nareit) from the filings with the SEC: gains on property sales are deducted where the company reports them in the standard items. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 8% of revenue, and less preferred dividends. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 5.2% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 25%, operating 47%, net 37%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 11 Feb 2027in 90 days
- Last reported
- 26 Oct 2026EPS reported $1.69 (expected $2.49)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $9.88−2.4%
- Revenue
- $5.19B+0.3%
- Earnings per share
- $9.93+0.2%
- Revenue
- $5.71B+0.7%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +1.0%Public Storage raised its full year outlook for the second time, now expecting core FFO per share of 16.90 to 17.10 dollars and same store revenue growth of plus 0.25%, both above the prior guidance.
“We are raising core FFO guidance by $0.10 or 0.6% to 16.90 to $17.10 per share with a midpoint of $17 This increase reflects improved same store performance and continued strong contributions from non same store and ancillary NOI.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $771,703 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Public Storage
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
325 rated companies in Real Estate
- This company
- 70
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Industrial)
The next larger and next smaller companies by market value
- PrologisPLD $122.19B59
- Extra Space StorageEXR $33.02B63
- EastGroup PropertiesEGP $10.65B63
- CubeSmartCUBE $10.1B66
- Rexford Industrial RealtyREXR $8.2B55
- LineageLINE $7.96B39
- First Industrial Realty TrustFR $7.32B60
- Terreno RealtyTRNO $7.3B64
ETFs that hold Public Storage
Held by 97 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares US Property Yield UCITS ETFIQQ7 | 4.91% | 0.40% | €556.83M |
| VanEck Global Real Estate UCITS ETFTRET | 4.04% | 0.25% | €475.95M |
| State Street SPDR Dow Jones Global Real Estate UCITS ETF (Dist)SPYJ | 3.36% | 0.40% | €331.25M |
Show 5 more
| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 3.32% | 0.59% | €813.1M |
| UBS FTSE EPRA Nareit Developed Green UCITS ETF USD disCSYZ | 3.24% | 0.25% | €207.65M |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 2.84% | 0.24% | €606.07M |
| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 2.83% | 0.24% | €3.37B |
| State Street SPDR S&P 500 Low Volatility UCITS ETF (Acc)SPY1 | 0.84% | 0.35% | €107.29M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 12 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.