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Compare · PSA vs SKT

PSA vs SKT

Side-by-side comparison of Public Storage (PSA) and Tanger Inc. (SKT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both PSA and SKT operate in Real Estate Investment Trusts (Real Estate), so they compete in similar markets.
  • PSA is the larger of the two at $53.01B, about 12.9x SKT ($4.10B).
  • SKT has been more active in the news (5 items in the past 4 weeks vs 3 for PSA).
  • PSA has more recent analyst coverage (25 ratings vs 22 for SKT).
MetricPSASKT
Company
Public Storage
Tanger Inc.
Price
-
-
Market cap
$53.01B
$4.10B
1M return
-
-
1Y return
-
-
Industry
Real Estate Investment Trusts
Real Estate Investment Trusts
Exchange
NYSE
NYSE
IPO
1993
News (4w)
3
5
Recent ratings
25
22
PSA

Public Storage

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.

SKT

Tanger Inc.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter ended September 30, 2020.