分析师给公共存储(纽约证券交易所代码:PSA)的平均评级为 “持有”

分析师给公共存储(纽约证券交易所代码:PSA)的平均评级为 “持有”
2023年04月10日 17:33 富途牛牛综合

Shares of Public Storage (NYSE:PSA – Get Rating) have been given a consensus rating of "Hold" by the eleven analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $360.44.

A number of equities analysts have recently weighed in on the company. Raymond James lowered Public Storage from an "outperform" rating to a "market perform" rating in a research report on Monday, January 9th. StockNews.com began coverage on Public Storage in a research note on Thursday, March 16th. They set a "hold" rating for the company.

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Public Storage Stock Performance

Shares of PSA stock opened at $310.79 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.18. Public Storage has a 52 week low of $270.13 and a 52 week high of $421.76. The firm has a 50 day moving average of $298.07 and a 200-day moving average of $293.26. The company has a market cap of $54.62 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 3.08 and a beta of 0.45.

Public Storage (NYSE:PSA – Get Rating) last announced its quarterly earnings data on Tuesday, February 21st. The real estate investment trust reported $2.06 earnings per share for the quarter, missing the consensus estimate of $3.99 by ($1.93). Public Storage had a net margin of 101.60% and a return on equity of 72.77%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the company posted $3.54 EPS. Public Storage's revenue for the quarter was up 17.8% on a year-over-year basis. On average, equities analysts forecast that Public Storage will post 16.79 earnings per share for the current year.

Public Storage Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 30th. Stockholders of record on Wednesday, March 15th were paid a dividend of $3.00 per share. The ex-dividend date was Tuesday, March 14th. This represents a $12.00 annualized dividend and a dividend yield of 3.86%. This is a positive change from Public Storage's previous quarterly dividend of $2.00. Public Storage's dividend payout ratio (DPR) is presently 51.09%.

Hedge Funds Weigh In On Public Storage

Several institutional investors have recently bought and sold shares of the company. Destiny Wealth Partners LLC increased its stake in shares of Public Storage by 187.5% in the fourth quarter. Destiny Wealth Partners LLC now owns 92 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 60 shares in the last quarter. Hollencrest Capital Management bought a new stake in Public Storage during the 4th quarter valued at $28,000. ICA Group Wealth Management LLC bought a new position in shares of Public Storage in the fourth quarter worth $29,000. HHM Wealth Advisors LLC grew its position in shares of Public Storage by 65.6% in the third quarter. HHM Wealth Advisors LLC now owns 101 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 40 shares in the last quarter. Finally, Private Ocean LLC bought a new stake in shares of Public Storage during the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 77.88% of the company's stock.

About Public Storage

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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

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