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. Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, and other related operations, such as tenant reinsurance, merchandise sales, third party management, and bridge lending to third-party self-storage owners, as well as the acquisition and development of additional self-storage space. Its Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, newly developed and expanded facilities, and other non-same store facilities. Its Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. The company owned interests in over 3,085 self-storage facilities located in 40 states in the United States.
Follow-Up Questions
What is Public Storage (PSA.PRR)'s P/E Ratio?
The P/E ratio of Public Storage is 25.9732
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 $16.9, 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
