How to Buy Public Storage Stock
Public Storage
Public Storage is a industrial REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker PSA on the NYSE exchange.
Public Storage stock last closed at $292.92, down 1.83% from the previous day, and has decreased 20.31% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.04 percentage points. Public Storage stock is currently +8.44% from its 52-week low of $270.13, and -30.55% from its 52-week high of $421.76.
As of Mar 21, 2023, there are 175.76M PSA shares outstanding. The market capitalization of PSA is $51.48B. In the past 24 hours, 1.31M PSA shares were traded.
How to Buy Public Storage Stock
Wondering how to invest in Public Storage stock? Here's how.
- Figure out where to buy Public Storage stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Public Storage stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Public Storage stock: The Public Storage ticker symbol is PSA. Is Public Storage stock a good investment? Should you buy shares of PSA? How do PSA's underlying business fundamentals look? Do top analysts think Public Storage is a good buy? Why has PSA's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PSA is a good stock to buy).
- Execute your PSA buy order: Decide if you will purchase PSA shares at the current market price or use a limit order to purchase PSA shares at a particular price.
- Get updates on your PSA investment: Create a watchlist to watch your position in Public Storage stock.
Step 1: Figure out where to buy Public Storage stock
You need a brokerage account in order to access the NYSE market and buy PSA shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to buy PSA stock today.
How to Start a New Account on eToro
- Click here to get started.
- Input your personal data to open a new trading account.
- Send your information by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have filled out your info on our top ranked stock market app, you need to deposit funds:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Public Storage stock
After you have selected the best place to buy Public Storage stock, it's absolutely critical to research their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Public Storage Numbers
PSA Zen Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on PSA's stock page.
Is PSA stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge PSA's true value.
Using relative valuations methods:
- PSA may be undervalued based on its P/E ratio of 12.39x, relative to REIT - Industrial industry P/E ratio of 13.38x
- PSA could be overvalued based on its P/B ratio of 5.11x, relative to REIT - Industrial industry P/B ratio of 2.5x
You can do more valuation analysis on PSA's stock here.
A quick look at PSA Financials
Positive Financial Indicators:
- PSA's operating cash flow of $3.12B allows it to safely service it's debt of $6.87B.
- PSA profit margin has gone up from 50.7% to 99% in the past year.
- PSA earnings of $4.49B is not sufficient to cover its interest payments.
Negative Financial Indicators:
- Total PSA debt is higher than 5 years ago, relative to shareholder equity.
- PSA has a relatively high debt to equity ratio of 0.73.
Is Public Storage stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Wall Street analysts who give ratings on PSA, the consensus analyst rating on Public Storage is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest PSA Analyst Upgrades/Downgrades
Ronald Kamdem, a top 18% analyst from Morgan Stanley maintains PSA with a hold rating and lowers their PSA price target from $298.00 to $290.00, on Oct 13, 2022.
Steve Sakwa, a bottom 13% analyst from Evercore ISI Group maintains PSA with a hold rating and lowers their PSA price target from $333.00 to $327.00, on Sep 19, 2022.
Jonathan Hughes, a bottom 18% analyst from Raymond James downgrades PSA to a buy rating and raises their PSA price target from $365.00 to $380.00, on Aug 16, 2022.
Michael Goldsmith, a bottom 23% analyst from UBS maintains PSA with a hold rating and lowers their PSA price target from $390.00 to $336.00, on Jul 25, 2022.
Jonathan Petersen, a bottom 8% analyst from Jefferies maintains PSA with a strong buy rating and lowers their PSA price target from $465.00 to $369.00, on Jun 30, 2022.
You can dig deeper into what analysts are saying on the Public Storage stock forecast page.
PSA Technicals
PSA Performance Numbers
Last year, PSA earnings were $4.14B. In the last 5 year, PSA's earnings have grown by 28.49% per year. This was faster than the REIT - Industrial industry average of 16.02%.
Last year, PSA revenue was $4.18B. In the last five year, PSA's revenue has grown by 9.4% per year. This was slower than the REIT - Industrial industry average of 16.23%.
Find out more about PSA's earnings and revenue performance here.
Who is buying/selling PSA?
In the last 12 months, executives and large shareholders at PSA have bought more shares than they have sold.
Avedick Baruyr Poladian, Director of PSA, was the latest PSA insider to buy. They bought $822,982.20 worth of PSA stock on Mar 13, 2023.
Learn more about who owns PSA stock here.
Does PSA provide a stable income stream?
Public Storage pays a dividend of 7.56%, compared to the REIT - Industrial industry's average dividend yield of 4.49%. If you owned $1,000 worth of PSA stock, you would have received $75.62 in the past year.
Public Storage dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Public Storage dividend yield and history here.
What do other investors have to say about PSA?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your PSA buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PSA investment
Now that you own some PSA stock, you'll want to keep up with your shares.
Make a watchlist to keep track of your PSA stock.
PSA Feed
How to Buy Stock in Public Storage
To summarize, here are the 6 steps to buy Public Storage stock:
- Figure out where to buy Public Storage stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Public Storage stock
- Execute your PSA buy order
- Get updates on your PSA investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Public Storage, create your watchlist below.
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