Public Storage Q3 EPS Estimate Lowered by Zacks Research

Public Storage (NYSE:PSA) – Zacks Research cut their Q3 2025 earnings estimates for shares of Public Storage in a research report issued on Wednesday, August 20th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $4.23 for the quarter, down from their previous forecast of $4.25. The consensus estimate for Public Storage’s current full-year earnings is $16.70 per share. Zacks Research also issued estimates for Public Storage’s FY2025 earnings at $16.85 EPS, Q1 2026 earnings at $4.16 EPS, Q2 2026 earnings at $4.32 EPS, Q4 2026 earnings at $4.48 EPS, FY2026 earnings at $17.38 EPS, Q1 2027 earnings at $4.41 EPS, Q2 2027 earnings at $4.54 EPS and FY2027 earnings at $18.29 EPS.

Public Storage (NYSE:PSA) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $4.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.23 by $0.05. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. Public Storage had a net margin of 38.13% and a return on equity of 34.06%. Public Storage’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $4.23 EPS. Public Storage has set its FY 2025 guidance at 16.450-17.00 EPS.

Several other research analysts have also issued reports on the stock. BMO Capital Markets lowered shares of Public Storage from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $340.00 to $325.00 in a research note on Friday, June 20th. Scotiabank raised their price objective on shares of Public Storage from $305.00 to $340.00 and gave the company a “sector outperform” rating in a research note on Monday, May 12th. Barclays reduced their price objective on shares of Public Storage from $351.00 to $349.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Royal Bank Of Canada reduced their price objective on shares of Public Storage from $328.00 to $309.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Finally, BNP Paribas Exane assumed coverage on shares of Public Storage in a research note on Tuesday, June 24th. They set an “outperform” rating and a $331.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $335.43.

Public Storage Stock Down 0.3%

Shares of Public Storage stock opened at $289.05 on Monday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.77 and a quick ratio of 1.77. The company has a 50-day moving average of $287.57 and a 200 day moving average of $294.30. The firm has a market cap of $50.71 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 4.81 and a beta of 0.86. Public Storage has a 1 year low of $256.60 and a 1 year high of $369.99.

Public Storage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 4.2%. Public Storage’s payout ratio is presently 130.86%.

Institutional Trading of Public Storage

A number of institutional investors have recently made changes to their positions in PSA. Marshall & Sullivan Inc. WA purchased a new stake in shares of Public Storage during the 2nd quarter valued at about $25,000. Harbor Asset Planning Inc. purchased a new position in shares of Public Storage in the second quarter worth approximately $25,000. Asset Dedication LLC boosted its holdings in shares of Public Storage by 111.1% in the second quarter. Asset Dedication LLC now owns 95 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 50 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Public Storage in the fourth quarter worth approximately $30,000. Finally, Spectrum Wealth Counsel LLC purchased a new position in shares of Public Storage in the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Public Storage Company Profile

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 December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand.