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Public Storage

PSA Real Estate Unknown Updated July 31, 2026
$324.18
52W $256.54 – $335.55
51/100
$60.45B
30.8
0.95
AI Committee Verdict
Watch
Conviction: High · 86% agreement · 7 analysts
+2.3%
-2.0%
1.15:1
High

Is PSA Bullish or Bearish?

Mixed. Innellis AI committee rates Public Storage (PSA) Watch with a composite score of 51/100 , based on 7 analysts with 86% agreement. Last updated July 31, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +9.03 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -10.97 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee sees neither a compelling opportunity nor a clear risk at this stage. Conditions remain neutral — patience is warranted.

Bull & Bear Case

Bull Case
  • ROE of 20.5% shows genuine earnings power backing the valuation — Value
  • Dividend yield of 3.8% pays you to wait — Value
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • P/E of 31.9 is moderate-to-rich — Value
  • Price-to-book of 5.0x prices in significant intangible value — Value
  • EPS declining -3.4% YoY despite any revenue growth — Growth
  • Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
  • Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
  • Current ratio of 0.18 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of July 31, 2026
Overall Committee Score
51/100
Agreement
86%
Analysts
7
Conviction
High
Sector Rank
Top 75%
of 61 Real Estate peers
Value Analyst neutral
48 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 20.5% shows genuine earnings power backing the valuation
− P/E of 31.9 is moderate-to-rich
Growth Analyst neutral
56 / 100 · High confidence
Moderate growth -- present but not remarkable
+ 4 consecutive earnings beats -- consistent execution
− EPS declining -3.4% YoY despite any revenue growth
Technical Analyst neutral
55 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− Price structure (LH_LL) contradicts the uptrend -- mixed signals
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.18 is tight -- limited short-term liquidity cushion
Macro Analyst neutral
58 / 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
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Investment Thesis Evolution

Committee score moved marginally from 51.7 to 51.0.

Analyst-level changes:
  • Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
  • Portfolio Manager: +2 bearish signal(s).
  • Value Analyst: +1 bearish signal(s); +1 bullish signal(s).

Comparing 2026-07-30 to 2026-07-31 (1 day apart).

Technical Analysis

RSI (14)
53.9
Neutral
MACD Histogram
0.340
Bullish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$317.56
Resistance
$331.77
Bollinger %B
0.66
Inside Bands
Price vs Moving Averages
EMA 9
$322.27 Above
EMA 21
$320.73 Above
EMA 50
$316.33 Above
EMA 200
$301.41 Above

Fundamental Analysis

Valuation
36
Growth
53
Profitability
1
Financial Health
35
Cash Flow
38
Valuation
P/E Ratio 30.8×
P/B Ratio 6.19×
PEG Ratio 2.15
Dividend Yield 0.04%
52W High $335.55
52W Low $256.54
Quality & Growth
ROE 19.3%
ROA 8.8%
Gross Margin 60.4%
Operating Margin 48.3%
Revenue Growth YoY
Debt / Equity 1.11
AI Fundamental Assessment
P/E ratio of 30.8 (rich relative to a 15-40x range); Price-to-book of 6.2x; PEG ratio of 2.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.2%; Return on assets of 0.1%; Net margin of 0.4%; Gross margin of 0.6%; Current ratio of 0.04 (tight short-term liquidity); Debt-to-equity of 1.11; Free cash flow margin of 1.0% (thin cash generation); Free cash flow per share is positive (18.14); Most recent quarter missed estimates by 2.4%; EPS growth decelerating (+4.2% -> -5.9% QoQ); Average YoY EPS growth of 44.9%; Analyst estimates rising over recent quarters
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Explore PSA Further

📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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