Stor-Age Property REIT (JSE:SSS) Shares Outstanding (EOP): 511 Mil (As of Mar. 2026)


JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
77 GF Score
Price R17.20
GF Value R16.22
Valuation Fairly Valued
! 7 Warning Signs
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What is Stor-Age Property REIT Shares Outstanding (EOP)?

Stor-Age Property REIT JSE:SSS +0.88% 77 Shares Outstanding (EOP) is 511 Mil as of Mar. 2026. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Stor-Age Property REIT's shares outstanding for the quarter that ended in Mar. 2026 was 511 Mil.

Stor-Age Property REIT's quarterly shares outstanding increased from Sep. 2025 (483 Mil) to Mar. 2026 (511 Mil). It means Stor-Age Property REIT issued new shares from Sep. 2025 to Mar. 2026 .

Stor-Age Property REIT's annual shares outstanding increased from Mar. 2025 (482 Mil) to Mar. 2026 (511 Mil). It means Stor-Age Property REIT issued new shares from Mar. 2025 to Mar. 2026 .


Stor-Age Property REIT  (JSE:SSS) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Stor-Age Property REIT Shares Outstanding (EOP) Related Terms


Stor-Age Property REIT Shares Outstanding (EOP) Historical Data

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The historical data trend for Stor-Age Property REIT's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stor-Age Property REIT Shares Outstanding (EOP) Chart

Stor-Age Property REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 474.61 474.61 476.15 481.66 511.17

Stor-Age Property REIT Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 476.15 481.66 481.66 483.24 511.17

JSE:SSS vs PLD, PSA, EXR: Shares Outstanding (EOP) Comparison

For the REIT - Industrial subindustry, Stor-Age Property REIT's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stor-Age Property REIT Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's Shares Outstanding (EOP) falls into.


JSE:SSS
77GF Score
Stor-Age Property REIT Ltd JSE:SSS
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Stor-Age Property REIT Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 511 Mil mean?
Stor-Age Property REIT (JSE:SSS) has a Shares Outstanding (EOP) of 511 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Stor-Age Property REIT and its competitors.
Is Stor-Age Property REIT's Shares Outstanding (EOP) too high?
Stor-Age Property REIT's current Shares Outstanding (EOP) is 511 Mil. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Shares Outstanding (EOP) compare to PLD and PSA?
Stor-Age Property REIT's Shares Outstanding (EOP) of 511 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Stor-Age Property REIT and its competitors. Stor-Age Property REIT's current Shares Outstanding (EOP) is 511 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current Shares Outstanding (EOP) is 511 Mil. Stor-Age Property REIT's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Stor-Age Property REIT (JSE:SSS), the current Shares Outstanding (EOP) is 511 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • Shares Outstanding (EOP): 511 Mil
  • GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score

Get the complete analysis for JSE:SSS

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R17.20
Price
R16.22
GF Value