David Lee - Public Storage Chief Operating Officer

PSA Stock  USD 348.05  3.31  0.94%   

COO

David Lee is Chief Operating Officer of Public Storage since 2021.
Tenure 3 years
Address 701 Western Avenue, Glendale, CA, United States, 91201-2349
Phone818 244 8080
Webhttps://www.publicstorage.com

David Lee Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Lee against Public Storage stock is an integral part of due diligence when investing in Public Storage. David Lee insider activity provides valuable insight into whether Public Storage is net buyers or sellers over its current business cycle. Note, Public Storage insiders must abide by specific rules, including filing SEC forms every time they buy or sell Public Storage'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Public Storage Management Efficiency

The company has Return on Asset of 0.0698 % which means that on every $100 spent on assets, it made $0.0698 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1916 %, implying that it generated $0.1916 on every 100 dollars invested. Public Storage's management efficiency ratios could be used to measure how well Public Storage manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.23, whereas Return On Tangible Assets are forecasted to decline to 0.06. At present, Public Storage's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 288.8 M, whereas Other Current Assets are projected to grow to (351.5 M).
Public Storage has 9.1 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. Public Storage has a current ratio of 1.05, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Public to invest in growth at high rates of return.

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Public Storage, a member of the SP 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Public Storage operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 5800 people. Public Storage (PSA) is traded on New York Stock Exchange in USA. It is located in 701 Western Avenue, Glendale, CA, United States, 91201-2349 and employs 6,200 people. Public Storage is listed under Self-Storage REITs category by Fama And French industry classification.

Management Performance

Public Storage Leadership Team

Elected by the shareholders, the Public Storage's board of directors comprises two types of representatives: Public Storage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Public. The board's role is to monitor Public Storage's management team and ensure that shareholders' interests are well served. Public Storage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Public Storage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Reyes, CFO, Principal Accounting Officer and Sr. VP
Gary Pruitt, Lead Independent Trustee
Michelle MillstoneShroff, Independent Trustee
Avedick Poladian, Independent Trustee
Leslie Heisz, Independent Trustee
Ronald Havner, Chairman of the Board of Trustees
Tamara Gustavson, Trustee
B Hughes, Trustee
John Sambuco, President Management
Rebecca Owen, Independent Trustee
Natalia Johnson, Chief Human Resource Officer, Senior Vice President, Chief Administrative Officer
David Collins, Head VP
Phillip Williams, Senior Construction
Thomas III, Chief VP
Nathan Tan, Senior Resources
Ronald Spogli, Independent Trustee
Paul Williams, Independent Trustee
Nathaniel Vitan, Senior Vice President Chief Legal Officer and Corporate Secretary
Nicholas Kangas, Executive Accounting
Steven Lentin, Executive Operations
Heisz Stone, Independent Trustee
Tariq Shaukat, Independent Trustee
Joseph Russell, President, Chief Executive Officer, Director
Shankh Mitra, Independent Trustee
David CFE, Chief Officer
Daniel Staton, Independent Trustee
Kenneth Volk, Founder
Michael McGowan, Senior Acquisitions
Rear Sambar, Chief Officer
Uri Harkham, Independent Trustee
Michael Braine, Chief Officer
Kristy Pipes, Independent Trustee
David Neithercut, Lead Independent Trustee
David Lee, Chief Operating Officer
H Boyle, Chief Financial Officer
Ryan Burke, Vice Relations

Public Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Public Storage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Storage. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
12
Earnings Share
9.63
Revenue Per Share
26.783
Quarterly Revenue Growth
0.034
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Storage's market value can be influenced by many factors that don't directly affect Public Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.