Rakuten Investment Management Inc. significantly increased its stake in Public Storage (NYSE:PSA) during the third quarter, adding 4,310 shares to hold a total of 30,151 shares valued at $8.6 million. This increase comes as Public Storage reported mixed quarterly results, missing EPS estimates but exceeding revenue forecasts. The company also announced a quarterly dividend of $3 per share, yielding 3.5%, and received a "Hold" consensus rating from analysts with an average price target of $325.79.
Original sourcePUBLIC STORAGE
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Latest price
$337.46
-0.89%
Alpha Vantage · 11/6/2026
One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+18.2%
3 months
+4.7%
6 months
+10.6%
1 year
+28.3%
Year to date
+34.0%
52-week range
$250.89 – $342.76
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$63.05B
P/E
37.2
P/B
4.3
P/S
12.5
Revenue
$5.03B
Net income
$1.9B
Diluted EPS
9.54
Gross margin
72.40%
Net margin
33.70%
Return on equity
16.10%
Total debt
$12.19B
Cash
$560.38M
Free cash flow
$2.47B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $1.37B | $366.93M | 72.40% | 22.90% | $568.26M |
| Jun 30, 2026 | $1.23B | $499.96M | 72.10% | 36.50% | $775.04M |
| Mar 31, 2026 | $1.22B | $526.27M | 72.10% | 39.20% | $567.58M |
| Dec 31, 2025 | $1.22B | $507.08M | 72.90% | 37.60% | $560.76M |
| Sep 30, 2025 | $1.22B | $511.06M | 73.00% | 37.70% | $704.3M |
| Jun 30, 2025 | $1.2B | $358.42M | 73.50% | 25.70% | $740.71M |
| Mar 31, 2025 | $1.18B | $407.79M | 72.00% | 30.30% | $580.57M |
| Dec 31, 2024 | $1.18B | $614.61M | 73.60% | 47.90% | $585.76M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent PSA news
All market newsThe three largest publicly traded U.S. self-storage REITs—CubeSmart, Extra Space Storage Inc., and Public Storage Inc.—have released their financial results for the third quarter of 2026, ending September 30. The companies generally reported improved performance, including positive same-store revenue and net operating income growth, higher occupancy, and increased rental activity. This reinforces confidence in the sector's business trajectory and ability to generate durable growth.
Original source