BNET Industries

Public Storage

Market Cap:$12.9B
Last Fiscal Year Sales:$1.8B
  • Public
  • US
Dow Jones Description

Public Storage, Inc. (the "Company" or "we" or "our") is an equity real estate investment trust ("REIT") organized as a corporation under the laws of California on July 10, 1980. We are a fully integrated, self-administered and self-managed REIT that acquires, develops, owns and operates self-storage facilities. We are the largest owner and operator of self-storage space in the United States. Our common stock is traded on the New York Stock Exchange under the symbol "PSA". On August 22, 2006, the Company merged with Shurgard Storage Centers, Inc., ("Shurgard"), a REIT which had an interest in 487 self-storage facilities located in the United States ("U.S.") and had an interest in 160 self-storage facilities in Europe. See Note 3 to our consolidated financial statements included elsewhere in this report for further discussion of our merger with Shurgard. At December 31, 2006, we had direct and indirect equity interests in 2,003 self-storage facilities located in 38 states within the U.S. operating under the "Public Storage" name containing approximately 125 million net rentable square feet of space, and 166 self-storage facilities located in seven Western European countries which operate under the "Shurgard Storage Centers" name containing approximately 8.7 million net rentable square feet of space. ...

Number of Employees 5,200
Contact Information

701 Western Ave

Glendale, California 91201-2349

publicstorage.c...

(818) 244-8080

NAICS Code : 525930

Recent Events

  • Public Storage Reports Better Earnings than Last Year

    11/10/09 - Financial Announcement - View Story

  • Public Storage upgraded to "buy"

    10/16/09 - Bond / Stock Rating - View Story

News & Analysis

investment and public storage - All News and Analysis

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     PSA $76.44 -2.37 (-3.01% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,764,840
Shares Outstanding 169.54M
Market Cap 13.0B
Year High 82.02
Year Low 45.35
Earnings Per Share 3.52
P/E Ratio 21.72
Dividend 2.20
Yield 2.88
IndustryTop Rated
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