Public Storage (PSA) – What Are Brokerages Thinking About This Stock?

Public Storage (NYSE:PSA) has been given an average rating of “Hold” by the twenty-one research firms that are currently covering the firm, Marketbeat Ratings reports. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $323.42.

A number of analysts recently weighed in on the stock. Weiss Ratings lowered shares of Public Storage from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Scotiabank reduced their target price on shares of Public Storage from $346.00 to $343.00 and set a “sector outperform” rating on the stock in a report on Wednesday, September 2nd. Wells Fargo & Company set a $311.00 price target on shares of Public Storage in a research note on Tuesday, September 1st. JPMorgan Chase & Co. lowered their price target on shares of Public Storage from $338.00 to $330.00 and set a “neutral” rating for the company in a report on Monday, September 21st. Finally, Mizuho boosted their price target on shares of Public Storage from $316.00 to $319.00 and gave the stock a “neutral” rating in a report on Wednesday, September 2nd.

More Public Storage News

Here are the key news stories impacting Public Storage this week:

• Positive Sentiment: Core funds from operations (FFO) came in at $4.34 per share, above the Zacks consensus estimate of $4.27 and up from $4.31 a year earlier. Reported revenue of $1.37 billion also exceeded the $1.34 billion estimate. Public Storage Surpasses Q3 FFO and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 guidance, while coverage highlighted reduced customer churn. These developments suggest improving operating stability and support the company’s earnings outlook. Public Storage Q3 Earnings Grow Amid Reduced Churn, Guidance Raised
• Positive Sentiment: Large acquisitions helped drive an 89% earnings-per-share beat against the broader consensus figure cited in the coverage, indicating that portfolio expansion materially supported quarterly results. Public Storage Q3 2026 Big Acquisitions Drive an 89% EPS Beat
• Neutral Sentiment: Revenue increased only 0.5% year over year, suggesting limited top-line growth even as acquisitions and operating improvements supported FFO. Public Storage Reports Earnings Results
• Negative Sentiment: Net income fell to $1.69 per share from $2.62 a year earlier, a 35.5% decline. The sharp drop in GAAP earnings may be weighing on sentiment despite stronger FFO and raised guidance. Public Storage Reports Third Quarter 2026 Results and Raises Guidance

Insider Activity at Public Storage

In related news, insider Nathaniel A. Vitan sold 1,414 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $327.53, for a total transaction of $463,127.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.10% of the company’s stock.

Institutional Trading of Public Storage

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new stake in shares of Public Storage in the 2nd quarter valued at about $195,808,000. Nykredit A S acquired a new stake in shares of Public Storage during the second quarter valued at $17,378,000. PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in Public Storage by 15.6% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 26,610 shares of the real estate investment trust’s stock valued at $8,470,000 after acquiring an additional 3,588 shares during the last quarter. Greenland Capital Management LP grew its stake in shares of Public Storage by 300.0% during the 2nd quarter. Greenland Capital Management LP now owns 6,600 shares of the real estate investment trust’s stock valued at $2,101,000 after buying an additional 4,950 shares during the period. Finally, Benjamin Edwards Inc. raised its holdings in Public Storage by 25.3% in the second quarter. Benjamin Edwards Inc. now owns 16,577 shares of the real estate investment trust’s stock valued at $5,277,000 after buying an additional 3,343 shares during the period. 78.79% of the stock is currently owned by institutional investors and hedge funds.

Public Storage Trading Down 1.0%

NYSE:PSA opened at $306.94 on Thursday. The firm has a market cap of $53.90 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 4.63 and a beta of 0.94. The stock has a fifty day moving average price of $299.87 and a 200 day moving average price of $301.75. Public Storage has a 12-month low of $256.54 and a 12-month high of $335.55. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.06.

Public Storage (NYSE:PSA) last issued its quarterly earnings results on Monday, October 26th. The real estate investment trust reported $4.34 earnings per share for the quarter, topping the consensus estimate of $2.49 by $1.85. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. Public Storage had a return on equity of 40.98% and a net margin of 41.80%. Public Storage’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.31 EPS. Sell-side analysts anticipate that Public Storage will post 16.93 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th were given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 15th. Public Storage’s payout ratio is 114.50%.

Public Storage Company Profile

Public Storage (NYSE: PSA) is a real estate investment trust focused on the ownership, operation and development of self-storage facilities. The company rents storage units to residential and business customers, offering solutions for household belongings, commercial inventory, records, vehicles and other personal property. Many locations provide features such as climate-controlled units, electronic access, online reservations and moving and packing supplies.

Founded in 1972, Public Storage has grown into one of the largest self-storage operators in the United States.