Public Storage (PSA) Projected to Post Quarterly Earnings on Wednesday

Public Storage (NYSE:PSAGet Free Report) is projected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $2.54 per share and revenue of $1.2308 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Public Storage (NYSE:PSAGet Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. Public Storage had a return on equity of 37.78% and a net margin of 39.16%.The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the business posted $4.12 EPS. The business’s revenue was down .1% compared to the same quarter last year. On average, analysts expect Public Storage to post $17 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Public Storage Stock Performance

PSA stock opened at $323.05 on Monday. The firm has a market cap of $56.71 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 4.34 and a beta of 0.96. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.02. The stock has a 50-day moving average price of $315.35 and a 200-day moving average price of $300.14. Public Storage has a 1-year low of $256.54 and a 1-year high of $331.79.

Public Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $3.00 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $12.00 annualized dividend and a yield of 3.7%. Public Storage’s dividend payout ratio (DPR) is currently 123.84%.

Insider Activity

In other news, insider Nathaniel A. Vitan sold 950 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $324.81, for a total transaction of $308,569.50. Following the completion of the sale, the insider directly owned 1,414 shares of the company’s stock, valued at $459,281.34. The trade was a 40.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 11.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Public Storage

Several large investors have recently added to or reduced their stakes in PSA. Charles Schwab Investment Management Inc. increased its holdings in Public Storage by 4.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,102,491 shares of the real estate investment trust’s stock worth $805,099,000 after purchasing an additional 126,583 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Public Storage by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,212,753 shares of the real estate investment trust’s stock valued at $574,219,000 after purchasing an additional 18,541 shares in the last quarter. APG Asset Management US Inc. lifted its holdings in shares of Public Storage by 1.0% in the fourth quarter. APG Asset Management US Inc. now owns 2,207,675 shares of the real estate investment trust’s stock valued at $572,892,000 after purchasing an additional 22,696 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Public Storage by 26.8% in the fourth quarter. Invesco Ltd. now owns 1,285,080 shares of the real estate investment trust’s stock valued at $333,478,000 after purchasing an additional 271,860 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Public Storage by 2.9% during the second quarter. Ameriprise Financial Inc. now owns 1,235,552 shares of the real estate investment trust’s stock valued at $362,577,000 after buying an additional 34,385 shares during the last quarter. Institutional investors own 78.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PSA. Jefferies Financial Group lifted their target price on Public Storage from $350.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Truist Financial increased their price target on Public Storage from $302.00 to $338.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Mizuho raised their price objective on shares of Public Storage from $301.00 to $316.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. BMO Capital Markets lifted their price objective on shares of Public Storage from $305.00 to $340.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Finally, BNP Paribas Exane lifted their price objective on shares of Public Storage from $331.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Seven analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $325.37.

Get Our Latest Analysis on PSA

About Public Storage

(Get Free Report)

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.

Recommended Stories

Earnings History for Public Storage (NYSE:PSA)

Receive News & Ratings for Public Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Storage and related companies with MarketBeat.com's FREE daily email newsletter.