Q1 EPS Estimates for Public Storage Lifted by Zacks Research

Public Storage (NYSE:PSA) – Stock analysts at Zacks Research boosted their Q1 2026 earnings estimates for shares of Public Storage in a report issued on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings per share of $4.18 for the quarter, up from their prior forecast of $4.16. 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 Q4 2026 earnings at $4.45 EPS and Q1 2027 earnings at $4.47 EPS.

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company raised their price target on Public Storage from $320.00 to $330.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Wall Street Zen upgraded Public Storage from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Barclays lowered their target price on Public Storage from $351.00 to $349.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Public Storage from a “hold” rating to a “buy” rating and set a $325.00 price target on the stock in a research report on Monday, October 13th. Finally, Scotiabank lowered their price objective on shares of Public Storage from $340.00 to $333.00 and set a “sector outperform” rating for the company in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $325.38.

Public Storage Stock Performance

NYSE:PSA opened at $265.45 on Friday. Public Storage has a 1 year low of $256.60 and a 1 year high of $355.87. The firm has a 50 day moving average of $287.47 and a 200-day moving average of $291.04. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.04. The stock has a market capitalization of $46.58 billion, a P/E ratio of 27.56, a price-to-earnings-growth ratio of 4.72 and a beta of 0.91.

Public Storage (NYSE:PSA) last announced its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.24 by $0.07. Public Storage had a net margin of 39.53% and a return on equity of 35.67%. The firm’s revenue was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.20 earnings per share. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS.

Public Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be given a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Monday, December 15th. Public Storage’s dividend payout ratio (DPR) is presently 124.61%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its stake in shares of Public Storage by 20.1% during the first quarter. Private Advisor Group LLC now owns 5,215 shares of the real estate investment trust’s stock worth $1,561,000 after buying an additional 873 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in Public Storage by 5.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 2,647 shares of the real estate investment trust’s stock worth $792,000 after acquiring an additional 137 shares during the period. IFP Advisors Inc raised its position in shares of Public Storage by 15.3% during the 1st quarter. IFP Advisors Inc now owns 3,095 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 411 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Public Storage by 46.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 2,877 shares of the real estate investment trust’s stock valued at $861,000 after acquiring an additional 916 shares during the last quarter. Finally, HighPoint Advisor Group LLC lifted its stake in shares of Public Storage by 17.7% in the 1st quarter. HighPoint Advisor Group LLC now owns 1,563 shares of the real estate investment trust’s stock valued at $458,000 after purchasing an additional 235 shares during the period. 78.79% of the stock is currently owned by institutional investors and hedge funds.

About 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 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.