Public Storage operates as 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 5,900 full-time employees. The firm is engaged in the ownership and operation of self-storage facilities and other related operations including tenant reinsurance and third-party self-storage management. The company offers storage spaces for lease on a month-to-month basis, for personal and business use. Its segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes combined operations of its tenant reinsurance, merchandise sales, and third-party property management segments. The firm owns interests in approximately 3,049 self-storage facilities (an aggregate of 219 million net rentable square feet of space) operating under the Public Storage name.
Follow-Up Questions
What is Public Storage (PSA.PRR)'s P/E Ratio?
The P/E ratio of Public Storage is 24.117
Who is the CEO of Public Storage?
Mr. Joseph Russell is the President of Public Storage, joining the firm since 2016.
What is the price performance of PSA.PRR stock?
The current price of PSA.PRR is $17.03, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Public Storage?
Public Storage belongs to Real Estate industry and the sector is Real Estate
What is Public Storage market cap?
Public Storage's current market cap is $2.9B
Is Public Storage a buy, sell, or hold?
According to wall street analysts, 21 analysts have made analyst ratings for Public Storage, including 6 strong buy, 9 buy, 10 hold, 0 sell, and 6 strong sell