经纪人对公共存储2023年第一季度的收益设定了预期(纽约证券交易所代码:PSA)

经纪人对公共存储2023年第一季度的收益设定了预期(纽约证券交易所代码:PSA)
2023年03月16日 13:24 富途牛牛综合

Public Storage (NYSE:PSA – Get Rating) – Equities research analysts at KeyCorp issued their Q1 2023 earnings estimates for Public Storage in a note issued to investors on Sunday, March 12th. KeyCorp analyst T. Thomas anticipates that the real estate investment trust will post earnings per share of $4.14 for the quarter. The consensus estimate for Public Storage's current full-year earnings is $16.79 per share. KeyCorp also issued estimates for Public Storage's Q2 2023 earnings at $4.25 EPS, Q3 2023 earnings at $4.23 EPS and Q4 2023 earnings at $4.15 EPS.

Get

Public Storage

alerts:

Public Storage (NYSE:PSA – Get Rating) last released its earnings results on Tuesday, February 21st. The real estate investment trust reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.99 by ($1.93). The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Public Storage had a return on equity of 72.77% and a net margin of 101.60%. Public Storage's revenue was up 17.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.54 EPS.

Separately, Raymond James lowered shares of Public Storage from an "outperform" rating to a "market perform" rating in a report on Monday, January 9th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $368.91.

Public Storage Price Performance

Public Storage stock opened at $288.56 on Wednesday. The firm has a 50-day moving average price of $295.55 and a 200-day moving average price of $297.30. The firm has a market capitalization of $50.72 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.18. Public Storage has a 12-month low of $270.13 and a 12-month high of $421.76.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. increased its position in Public Storage by 31.1% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 3,028 shares of the real estate investment trust's stock valued at $848,000 after purchasing an additional 718 shares during the period. Mather Group LLC. increased its position in Public Storage by 29.8% during the 4th quarter. Mather Group LLC. now owns 1,333 shares of the real estate investment trust's stock valued at $374,000 after purchasing an additional 306 shares during the period. Smithbridge Asset Management Inc. DE purchased a new position in Public Storage during the 4th quarter valued at about $697,000. Trust Investment Advisors purchased a new position in Public Storage during the 4th quarter valued at about $1,362,000. Finally, Natixis increased its position in Public Storage by 136.8% during the 4th quarter. Natixis now owns 144,488 shares of the real estate investment trust's stock valued at $40,484,000 after purchasing an additional 83,459 shares during the period. Hedge funds and other institutional investors own 77.88% of the company's stock.

Public Storage Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 30th. Investors of record on Wednesday, March 15th will be paid a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from Public Storage's previous quarterly dividend of $2.00. Public Storage's dividend payout ratio (DPR) is currently 34.06%.

Public Storage Company Profile

(Get Rating)

Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self-storage Operations, Ancillary Operations, and Other Items. The Self-storage Operations segment reflects the rental operations from all self-storage facilities.

See Also

  • Get a free copy of the StockNews.com research report on Public Storage (PSA)
  • Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
  • Pfizer's Latest Acquisition Strengthens the Case for PFE Stock
  • SentinelOne: Reversal In-Play For Cybersecurity Stocks
  • Is Sportradar Group A Growth Stock To Bet On In 2023?
  • Strong Guidance says Boeing is Ready for Takeoff

Receive News & Ratings for Public Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Storage and related companies with MarketBeat.com's FREE daily email newsletter.

海量资讯、精准解读,尽在新浪财经APP
公共存储 KeyCorp

VIP课程推荐

加载中...

APP专享直播

1/10

热门推荐

收起
新浪财经公众号
新浪财经公众号

24小时滚动播报最新的财经资讯和视频,更多粉丝福利扫描二维码关注(sinafinance)

7X24小时

  • 03-17 海通发展 603162 37.25
  • 03-17 科瑞思 301314 63.78
  • 03-17 未来电器 301386 29.99
  • 03-17 苏能股份 600925 6.18
  • 03-16 联合水务 603291 5.86
  • 产品入口: 新浪财经APP-股票-免费问股
    新浪首页 语音播报 相关新闻 返回顶部