PSA also flexed its financial firepower when it lifted its dividend by 50% back in February to help it yield 4.2% at the moment. Image Source: Zacks Investment Research PSA shares have surged 800% over the last 20 years to crush the Zacks Real Estate market and the S&P 500's 350%. Public Storage shares are closer to neck-and-neck with the benchmark over the past five years, with PSA still down around 30% from its April 2022 peaks. The downturn, coupled with its solid earnings outlook, has PSA trading 20% below its 10-year median and 40% off its highs at 16.9X forward 12-month earnings. Some investors might want to wait for PSA to report or wait for it to rebound above some key moving averages. But the best time to buy a strong stock is often when it seems no one else does.