Public Storage Statistics

Share Statistics

Public Storage has 175.45M shares outstanding. The number of shares has increased by 0.24% in one year.

Shares Outstanding	175.45M
Shares Change (YoY)	0.24%
Shares Change (QoQ)	0.01%
Owned by Institutions (%)	78.57%
Shares Floating	157.56M
Failed to Deliver (FTD) Shares	69
FTD / Avg. Volume	0.01%

Short Selling Information

The latest short interest is 2.97M, so 1.69% of the outstanding shares have been sold short.

Short Interest	2.97M
Short % of Shares Out	1.69%
Short % of Float	2.17%
Short Ratio (days to cover)	3.22

Valuation Ratios

The PE ratio is 25.34 and the forward PE ratio is 26.6. Public Storage's PEG ratio is -6.55.

PE Ratio	25.34
Forward PE	26.6
PS Ratio	11.18
Forward PS	9.8
PB Ratio	5.41
P/FCF Ratio	19.39
PEG Ratio	-6.55

Financial Ratio History

Enterprise Valuation

Public Storage has an Enterprise Value (EV) of 61.41B.

EV / Sales	13.08
EV / EBITDA	17.52
EV / EBIT	19.63
EV / FCF	22.68

Financial Position

The company has a current ratio of 0.76, with a Debt / Equity ratio of 0.96.

Current Ratio	0.76
Quick Ratio	0.76
Debt / Equity	0.96
Debt / EBITDA	2.67
Debt / FCF	3.45
Interest Coverage	7.66

Financial Efficiency

Return on Equity is 21.33% and Return on Invested Capital is 11.46%.

Return on Equity	21.33%
Return on Assets	10.49%
Return on Invested Capital	11.46%
Revenue Per Employee	$795.87K
Profits Per Employee	$351.19K
Employee Count	5,900
Asset Turnover	0.24
Inventory Turnover	n/a

Taxes

Income Tax	4.67M
Effective Tax Rate	0.22%

Stock Price Statistics

The stock price has increased by -11.03% in the last 52 weeks. The beta is 0.85, so Public Storage's price volatility has been higher than the market average.

Beta	0.85
52-Week Price Change	-11.03%
50-Day Moving Average	291.76
200-Day Moving Average	303.51
Relative Strength Index (RSI)	44.42
Average Volume (20 Days)	978,459

Income Statement

In the last 12 months, Public Storage had revenue of 4.7B and earned 2.07B in profits. Earnings per share was 10.68.

Revenue	4.7B
Gross Profit	3.44B
Operating Income	2.2B
Net Income	2.07B
EBITDA	3.51B
EBIT	2.38B
Earnings Per Share (EPS)	10.68

Full Income Statement

Balance Sheet

The company has 447.42M in cash and 9.35B in debt, giving a net cash position of -8.91B.

Cash & Cash Equivalents	447.42M
Total Debt	9.35B
Net Cash	-8.91B
Retained Earnings	-699.08M
Total Assets	20.54B
Working Capital	479.78M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.13B and capital expenditures -420.02M, giving a free cash flow of 2.71B.

Operating Cash Flow	3.13B
Capital Expenditures	-420.02M
Free Cash Flow	2.71B
FCF Per Share	15.44

Full Cash Flow Statement

Margins

Gross margin is 73.21%, with operating and profit margins of 46.88% and 44.13%.

Gross Margin	73.21%
Operating Margin	46.88%
Pretax Margin	44.49%
Profit Margin	44.13%
EBITDA Margin	74.67%
EBIT Margin	46.88%
FCF Margin	57.68%

Dividends & Yields

PSA pays an annual dividend of $15, which amounts to a dividend yield of 4.05%.

Dividend Per Share	$15.00
Dividend Yield	4.05%
Dividend Growth (YoY)	0%
Payout Ratio	162.16%
Earnings Yield	3.95%
FCF Yield	5.16%

Dividend Details

Analyst Forecast

The average price target for PSA is $322.5, which is 15.3% higher than the current price. The consensus rating is "Buy".

Price Target	$322.5
Price Target Difference	15.3%
Analyst Consensus	Buy
Analyst Count	12

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$119.3
Lynch Upside	-57.34%
Graham Number	121.35
Graham Upside	-56.61%

Scores

Altman Z-Score	3.21
Piotroski F-Score	7

Public Storage (PSA)