Q3 EPS Estimates for Public Storage Lifted by Zacks Research

Public Storage (NYSE:PSA) – Investment analysts at Zacks Research boosted their Q3 2025 earnings per share estimates for shares of Public Storage in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $4.25 per share for the quarter, up from their previous forecast of $4.24. 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 $16.81 EPS and Q4 2026 earnings at $4.41 EPS.

Public Storage (NYSE:PSA) last announced its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $4.12 EPS for the quarter, beating the consensus estimate of $4.06 by $0.06. Public Storage had a return on equity of 34.07% and a net margin of 40.54%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted $4.03 EPS. Public Storage’s quarterly revenue was up .1% on a year-over-year basis.

Other equities analysts also recently issued research reports about the company. Scotiabank increased their price target on Public Storage from $305.00 to $340.00 and gave the stock a “sector outperform” rating in a research report on Monday, May 12th. Royal Bank of Canada dropped their price target on Public Storage from $329.00 to $328.00 and set a “sector perform” rating on the stock in a research report on Friday, May 2nd. Bank of America increased their price target on Public Storage from $368.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, May 13th. Truist Financial upgraded Public Storage from a “hold” rating to a “buy” rating and set a $310.00 price objective for the company in a research note on Thursday, April 10th. Finally, Evercore ISI upped their price objective on Public Storage from $297.00 to $309.00 and gave the stock an “in-line” rating in a research note on Friday, May 2nd. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Public Storage has a consensus rating of “Moderate Buy” and a consensus target price of $337.42.

Public Storage Price Performance

PSA opened at $296.74 on Friday. Public Storage has a 12-month low of $256.60 and a 12-month high of $369.99. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.77. The business’s fifty day simple moving average is $293.70 and its 200-day simple moving average is $304.70. The company has a market capitalization of $52.06 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 4.91 and a beta of 0.91.

Public Storage Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 12th will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, June 12th. Public Storage’s dividend payout ratio (DPR) is presently 119.17%.

Institutional Investors Weigh In On Public Storage

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PSA. Quent Capital LLC raised its stake in Public Storage by 135.1% in the fourth quarter. Quent Capital LLC now owns 87 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 50 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in Public Storage in the fourth quarter valued at about $30,000. Spectrum Wealth Counsel LLC purchased a new stake in Public Storage in the first quarter valued at about $30,000. Strategic Investment Solutions Inc. IL purchased a new stake in Public Storage in the fourth quarter valued at about $32,000. Finally, Opal Wealth Advisors LLC purchased a new stake in Public Storage in the first quarter valued at about $36,000. 78.79% of the stock is currently owned by hedge funds and other institutional investors.

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.