PSA

Public Storage
Real EstateREIT - IndustrialNASDAQ
$269.01
-$8.31 (-3.09%)today
Conviction
0/ 10
Fair Value$313.25
Upside+16.45%
Signal0
Market Cap$46.5B
52W Range$256.54–$312.95
Next EarningsApr 29

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$135.36
Current Price$265.78
Upside / Down-49.1%
P(Undervalued)0.0%
P(20%+ Up)0.0%
P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

16.7%/yr

±3.8% · revenue growth to justify current price

FCF-Based Reverse DCF

7.2%/yr

±2.8% · FCF growth to justify current price

THE GAP

Market pricing margin expansion or capex normalization

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.

Trailing P/E29.4x
Forward P/E25.3x
P/S9.6x
EPS (TTM)$9.02
Analyst Target$313.25
Analyst Upside16.4%

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Bull Case

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Bear Case

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Research Feed

sec_10kMar 2
Conviction: unchanged
PSA 2025: Demand Softening Headwind, Acquisition Capex Weighing on Returns

Mature market position with near-term demand headwind. Same-Store revenue flat despite price power; cost inflation (property tax) and acquisition capex integration pressuring returns. Defensive divide...