Description: Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. The company's self-storage facilities offer storage spaces for lease on a month-to-month basis for personal and business use. Public Storage also has interests in commercial properties containing commercial and industrial rental space; facilities that lease storage containers; and ancillary operations, which include reinsurance of policies against losses to goods stored by its self-storage tenants, retail operations comprising merchandise sales and truck rental operations. As of December 31, 2008, the company had interests in 2,012 self-storage facilities with approximately 127 million net rentable square feet in 38 states; and 181 self-storage facilities with approximately 10 million net rentable square feet in 7 western European nations. It also had direct and indirect equity interests in approximately 21 million net rentable square feet of commercial space located in 11 states in the U.S. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Public Storage was founded in 1971 and is based in Glendale, California.
Home Page: www.publicstorage.com
PSA Technical Analysis
701 Western Avenue
Glendale,
CA
91201
United States
Phone:
818-244-8080
Officers
Name | Title |
---|---|
Mr. Joseph D. Russell Jr. | CEO, Pres & Trustee |
Mr. H. Thomas Boyle III | Sr. VP & CFO |
Ms. Natalia N. Johnson | Sr. VP & Chief Admin. Officer |
Mr. Nathaniel A. Vitan | Sr. VP, Chief Legal Officer & Corp. Sec. |
Mr. David Lee CFE | Chief Operating Officer |
Mr. Michael Braine | Chief Technology Officer |
Mr. Ryan C. Burke | VP of Investor Relations |
David Collins | Head of Marketing & VP |
Mr. John M. Sambuco | Pres of Asset Management |
Mr. Steven H. Lentin | Exec. VP of Operations |
Exchange: NYSE
Country: US : United States of America
Currency: US Dollar ($)
GIC Sector: | Real Estate |
---|---|
GIC Group: | Real Estate |
GIC Industry: | Equity Real Estate Investment Trusts (REITs) |
GIC Sub-Industry: | Specialized REITs |
Forward PE: | 26.5957 |
---|---|
Trailing PE: | 11.6757 |
Price-to-Book MRQ: | 9.2869 |
Price-to-Sales TTM: | 12.8644 |
IPO Date: | 1980-11-18 |
Fiscal Year End: | December |
Full Time Employees: | 5800 |