| Profitability | 88/100 |
| Growth | 52/100 |
| Momentum | 80/100 |
| Quality | 81/100 |
| Earnings Quality | 85/100 |
| Balance Sheet | 49/100 |
| Value | 45/100 |
| Risk (safety) | 90/100 |
| Overall | 72.5/100 |
| Symbol | IS Score |
|---|---|
| EXR | 47 |
| PLD | 64 |
| EGP | 74 |
| CUBE | 48 |
| REXR | 29 |
| FR | 69 |
| PSA | 72 |
Both readings sit above the midpoint — business quality at 72 and price structure at 66 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 75 and holds two consecutive quarters | now 72.5 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 69 → 63 → 68 → 72 | the direction matters more than the level |
| Technical vote share back above 50% | now 64% | price structure no longer broken |
| Institutional holder count rises two quarters running | peak 1,146 → now 1,127 | fewer institutions willing to hold is our clearest warning |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Quarter | Holders | 13F shares | Value | Reported own% |
|---|---|---|---|---|
| 2026 Q2 | 1,127 | 156.2M | $45.9B | 89.0% |
| 2026 Q1 | 1,088 | 144.6M | $36.1B | 82.4% |
| 2025 Q4 | 1,106 | 142.6M | $34.9B | 81.2% |
| 2025 Q3 | 1,119 | 136.7M | $37.2B | 77.8% |
| 2025 Q2 | 1,146 | 141.2M | $38.5B | 80.4% |
| 2025 Q1 | 1,145 | 141.2M | $38.8B | 80.4% |
| 2024 Q4 | 1,130 | 141.7M | $38.7B | 80.7% |
| 2024 Q3 | 1,130 | 141.9M | $47.3B | 80.8% |
| 2024 Q2 | 1,064 | 138.0M | $37.7B | 78.6% |
| 2024 Q1 | 1,069 | 140.8M | $38.8B | 80.2% |
| 2023 Q4 | 1,058 | 138.4M | $40.3B | 78.8% |
| 2023 Q3 | 974 | 141.6M | $35.8B | 80.6% |
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| Havner Ronald L Jr | director | 2026-10-06 | A-Award | 4 | $0.00M | 6,735 |
| Spogli Ronald P | director | 2026-10-06 | A-Award | 6 | $0.00M | 12,840 |
| Havner Ronald L Jr | director | 2026-10-02 | A-Award | 107 | — | 182,501 |
| Spogli Ronald P | director | 2026-09-30 | A-Award | 151 | — | 6,206 |
| Mitra Shankh | director | 2026-09-30 | A-Award | 339 | $0.10M | 9,668 |
| Williams Paul S | director | 2026-09-30 | A-Award | 52 | $0.01M | 1,530 |
| Petherbridge Luke J | director | 2026-09-30 | A-Award | 151 | — | 613 |
| Sheek Samuel Wade | Chief Legal Officer | 2026-09-01 | A-Award | 6,213 | — | 6,213 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| S — Open-market sales | 2 | 2,364 | $0.8M | Counted |
| M — Exercises (paired A/D) | 6 | 42,810 | — | None — mechanics |
| F — Tax withholding | 1 | 266 | $0.1M | None — compensation |
| G — Gifts | 1 | 2,000 | — | None |
| P — Open-market purchases | 0 | 0 | $0 | Counted — none occurred |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Ro Khanna | House | SELL | $1,001 - $15,000 | 2026-09-04 | 2026-10-09 |
| Ro Khanna | House | SELL | $1,001 - $15,000 | 2026-01-29 | 2026-02-10 |
| Ro Khanna | House | BUY | $1,001 - $15,000 | 2026-01-13 | 2026-02-10 |
| Alan Armstrong | Senate | BUY | $1,001 - $15,000 | 2026-03-27 | 2026-07-21 |
| Ron Wyden | Senate | BUY | $15,001 - $50,000 | 2020-08-14 | 2020-08-29 |
| Ron Wyden | Senate | BUY | $15,001 - $50,000 | 2020-08-14 | 2020-08-28 |
| Manager | Shares | Value |
|---|---|---|
| Montrusco Bolton Investments Inc. | 375,886 | $106M |
| Perpetual Ltd | 151,284 | $43M |
| Weil Company, Inc. | 76,154 | $22M |
| Ifm Investors Pty Ltd | 73,748 | $21M |
| Fjarde Ap-Fonden /Fourth Swedish N | 62,843 | $18M |
| Czech National Bank | 48,310 | $14M |
| Fund | Weight | Position |
|---|---|---|
| VGSNX | 2.7% | $1.8B |
| VNQ | 2.7% | $1.8B |
| VGSLX | 2.7% | $1.8B |
| VITSX | 0.1% | $1.5B |
| VTSAX | 0.1% | $1.5B |
| VTI | 0.1% | $1.5B |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 1.3M | 25 sh |
| Ubsa Ubs Ats | 1.1M | 24 sh |
| Sgmt Sigma X2 | 0.7M | 25 sh |
| Ebxl Level Ats | 0.6M | 14 sh |
| Mspl Ms Pool (Ats-4) | 0.5M | 74 sh |
| Mlix Instinct X | 0.5M | 34 sh |
Moat score 49/100 — Weak; primary source Efficient Scale.
| Officer | Title |
|---|---|
| Joseph D. Russell Jr. | Consultant |
| H. Thomas Boyle | CEO & Trustee |
| Natalia N. Johnson | President and Chief Digital & Transformation Officer |
| Nathaniel A. Vitan | Senior Advisor |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | +17.2% | +22.4% | +8.0% | +3.9% | +2.7% |
| Gross profit | +21.9% | +25.4% | +7.7% | +2.0% | -65.0% |
| Operating income | +20.9% | +27.2% | +6.9% | -5.1% | +2.4% |
| Net income | +43.9% | +122.7% | -50.6% | -3.6% | -13.9% |
| $B · FY ends | FY21 | FY22 | FY23 | FY24 | FY25 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 3.4 | 4.2 | 4.5 | 4.7 | 4.8 | |
| Cost of revenue | 0.9 | 1.1 | 1.1 | 1.3 | 3.6 | |
| Gross profit | 2.5 | 3.1 | 3.4 | 3.4 | 1.2 | |
| R&D expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| SG&A expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| Operating income | 1.7 | 2.2 | 2.3 | 2.2 | 2.3 | |
| EBITDA | 2.8 | 5.4 | 3.3 | 3.5 | 3.2 | |
| D&A | 0.7 | 0.9 | 1.0 | 1.1 | 1.2 | |
| Pretax income | 2.0 | 4.4 | 2.2 | 2.1 | 1.8 | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | |
| Net income | 2.0 | 4.3 | 2.1 | 2.1 | 1.8 | |
| Diluted EPS ($) | 9.87 | 23.50 | 11.06 | 10.64 | 9.01 | |
| Diluted shares (M) | 176 | 176 | 176 | 176 | 176 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | 0.8 | 0.4 | 0.4 | 0.3 | |
| ST investments | 0.0 | 0.0 | 0.0 | 0.0 | |
| Receivables (net) | 0.0 | 0.0 | 0.0 | 0.1 | |
| Total current assets | 0.8 | 0.4 | 0.4 | 0.5 | |
| PP&E (net) | 0.4 | 0.3 | 0.3 | 0.2 | |
| Goodwill + intangibles | 0.2 | 0.4 | 0.3 | 0.3 | |
| Total assets | 17.6 | 19.8 | 19.8 | 20.2 | |
| Accounts payable | 0.0 | 0.0 | 0.0 | 0.0 | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | |
| Total current liabilities | 0.5 | 0.6 | 0.6 | 0.6 | |
| Long-term debt | 6.9 | 9.1 | 9.4 | 10.3 | |
| Total liabilities | 7.4 | 9.7 | 9.9 | 10.9 | |
| Shareholders' equity | 10.2 | 10.1 | 9.8 | 9.3 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Net income | 4.4 | 2.2 | 2.1 | 1.8 | |
| D&A | 0.9 | 1.0 | 1.1 | 1.2 | |
| Stock-based compensation | 0.1 | 0.0 | 0.0 | 0.0 | |
| Working capital change | (0.0) | 0.0 | (0.0) | 0.0 | |
| Operating cash flow | 3.1 | 3.2 | 3.1 | 3.2 | |
| Capital expenditures | (0.5) | (0.5) | (0.4) | (0.3) | |
| Investing cash flow | 1.1 | (3.5) | (1.0) | (1.7) | |
| Buybacks | 0.0 | 0.0 | (0.2) | 0.0 | |
| Dividends paid | (3.9) | (2.3) | (2.3) | (2.3) | |
| Debt issuance / (repay) | (0.5) | 2.2 | 0.3 | 0.7 | |
| Financing cash flow | (4.2) | (0.1) | (2.1) | (1.6) | |
| Free cash flow | 2.7 | 2.8 | 2.7 | 2.9 |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 21.8% | 44.8% | 21.4% | 21.0% | 18.8% | 22% | |
| ROA | 13.4% | 24.9% | 11.5% | 10.5% | 8.9% | 10.2% | |
| ROIC | 10.5% | 13.2% | 12.4% | 11.8% | 13.3% | 11.7% | |
| Gross margin | 73.0% | 74.8% | 74.6% | 73.2% | 25.0% | 60.4% | |
| Operating margin | 49.9% | 51.9% | 51.3% | 46.9% | 46.7% | 48.3% | |
| Net margin | 57.2% | 104.0% | 47.6% | 44.1% | 37.0% | 41.8% | |
| EBITDA margin | 81.3% | 129.2% | 74.0% | 74.7% | 67.3% | 69.1% | |
| FCF margin | 66.6% | 63.5% | 61.7% | 57.7% | 64.0% | — | |
| VALUATION | |||||||
| P/E | 27.98 | 10.03 | 23.01 | 24.40 | 25.58 | 28.4 | |
| P/B | 5.86 | 4.33 | 4.94 | 5.20 | 4.93 | 5.7 | |
| P/S | 16.00 | 10.43 | 10.94 | 10.77 | 9.46 | 11.40 | |
| P/FCF | 24.05 | 16.42 | 17.75 | 18.67 | 14.79 | 17.5 | |
| EV/EBITDA | 22.22 | 9.23 | 17.36 | 16.96 | 17.12 | 19.4 | |
| EV/Revenue | 17.98 | 11.89 | 12.88 | 12.66 | 11.52 | 13.4 | |
| Earnings yield | 3.6% | 10.0% | 4.3% | 4.1% | 3.9% | 3.90% | |
| FCF yield | 4.2% | 6.1% | 5.6% | 5.4% | 6.8% | 5.71% | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 1.52 | 1.51 | 0.62 | 0.76 | 0.75 | 0.67 | |
| Quick ratio | 1.52 | 1.51 | 0.62 | 0.76 | 0.75 | 0.67 | |
| Debt / equity | 0.80 | 0.68 | 0.91 | 0.96 | 1.11 | 1.11 | |
| Debt / assets | 43.0% | 39.1% | 46.0% | 47.3% | 50.7% | 50.6% | |
| Net debt / EBITDA | 2.44 | 1.13 | 2.61 | 2.54 | 3.06 | 2.93 | |
| Interest coverage | 22.59 | 33.03 | 11.84 | 8.27 | 6.88 | — | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.23 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | |
| Receivables turnover | — | — | — | — | 67.89 | 28.2 | |
| DSO (days) | 0 | 0 | 0 | 0 | 5 | 13 | |
| DPO (days) | 0 | 0 | 0 | 0 | 0 | — | |
| Cash conversion cycle | 0 | 0 | 0 | 0 | 5 | 13 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 16.8% | 22.4% | 8.0% | 3.9% | 2.7% | — | |
| Net income growth | 43.9% | 122.7% | -50.6% | -3.6% | -13.9% | — | |
| EPS growth | 42.8% | 122.6% | -50.5% | -3.7% | -13.8% | — | |
| FCF growth | 21.4% | 16.9% | 4.8% | -2.8% | 14.0% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 11.09 | 24.69 | 12.23 | 11.78 | 10.15 | 11.64 | |
| Book value / share | 53.02 | 57.19 | 57.00 | 55.21 | 52.59 | 52.89 | |
| Revenue / share | 19.40 | 23.74 | 25.72 | 26.69 | 27.43 | 27.86 | |
| FCF / share | 12.91 | 15.09 | 15.86 | 15.39 | 17.55 | 18.14 | |
| Cash / share | 4.17 | 4.40 | 2.11 | 2.54 | 1.81 | 1.48 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | 0.00% | |
| Altman Z-Score | 4.68 | 4.64 | 3.65 | 3.63 | 3.01 | 3.6 | |
| Piotroski F-Score | 6 | 6 | 5 | 5 | 5 | 6/9 | |
| Beneish M-Score | -2.33 | -2.02 | -2.63 | -2.78 | -1.64 | -3.23 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 6 / 9 | Middling | |
| Altman Z-Score | 3.6 | Safe (>2.99) | Safe |
| Income quality | 1.54 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -3.23 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 1.00 |
| Interest burden | 0.92 |
| Operating margin | 45.3% |
| Asset turnover | 0.24× |
| Financial leverage | 2.19× |
| = ROE | 22% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 0.87 |
| Earnings stability | 0.00 |
| Earnings persistence | 0.95 |
| Revenue CAGR 3y | 3.7% |
| EPS CAGR 3y | -21.9% |
| FCF CAGR 3y | 4.4% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| EXR | $29.5B | 30.8 | 7% | 30.1% | +1.5% | 4/9 | -7.0% |
| PLD | $119.5B | 27.7 | 8% | 43.8% | +7.3% | 6/9 | +4.6% |
| EGP | $10.6B | 34.4 | 9% | 39.1% | +11.3% | 7/9 | +15.3% |
| CUBE | $8.8B | 26.7 | 12% | 31.3% | +3.9% | 6/9 | -6.9% |
| REXR | $8.4B | -20.1 | -5% | — | -0.2% | 4/9 | — |
| FR | $7.8B | 21.4 | 13% | 39.5% | +8.4% | 7/9 | — |
| LINE | $7.6B | -46.0 | -2% | -2.1% | +1.0% | 5/9 | — |
| TRNO | $7.0B | 17.2 | 9% | 46.2% | +18.0% | 5/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $5.17B | $5.21B / $5.15B | $10.12 | $10.18 / $10.07 | 6 |
| FY2027 | $5.67B | $5.85B / $5.53B | $9.90 | $10.01 / $9.77 | 7 |
| FY2028 | $5.85B | $6.81B / $5.26B | $10.30 | $11.61 / $8.76 | 6 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $301.00 | +0.9% | 2 |
| Last Quarter | $326.67 | +9.5% | 9 |
| Last Year | $318.62 | +6.8% | 34 |
| All Time | $321.70 | +7.8% | 56 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $287.56 | +10.75 | +3.74% | Above |
| SMA 50 | $301.58 | -3.27 | -1.08% | Below |
| SMA 200 | $300.55 | -2.24 | -0.75% | Below |
| EMA 9 | $290.77 | +7.54 | +2.59% | Above |
| EMA 21 | $290.80 | +7.51 | +2.58% | Above |
| EMA 50 | $297.83 | +0.48 | +0.16% | Above |
| EMA 200 | $300.28 | -1.97 | -0.66% | Below |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $295.24 / $297.62 / $299.91 | S1 / S2 | $292.95 / $290.57 |
| Bollinger (20,2) | $278.44 – $296.68 | Squeeze | Off |
| 52-wk range | $256.54 – $335.55 | Off 52-wk high | -11.1% |
| ATR (14) | $5.84 (2.0%) | Historical vol | 18.5% |
| Computed from live weekly prices | PSA | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 3.52% | 1.83% |
| Best / worst week (1y) | +5.7% / -8.3% | — |
| Max drawdown (5y, monthly) | -34.5% | — |
| 1-week VaR (95%) | -6.0% | — |
| Beta (5y) | 0.94 | 1.00 |
| Reading | PSA | REIT - Industrial n=107 | Real Estate n=2,764 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | -28.5 | -31.6 | -28.0 | -20.5 |
| Trend | -40.0 | -41.5 | -37.3 | -21.3 |
| Momentum | +39.8 | -6.2 | -17.0 | -15.8 |
| Volume | -62.5 | -49.0 | -26.6 | -3.8 |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 50 |
| Social | 54 |
| Governance | 54 |
| Composite ESG | 52 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2020 to 2025 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-11-04 to 2026-07-29 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-12-31 to 2028-12-31 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | 113 rows · 1998 to 2026 |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-07-28 to 2026-10-06 |
| Proposed sales (Form 144) | edgar/form144 | not present for this symbol |
| Beneficial ownership (13D/G) | edgar/13dg | not present for this symbol |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.