Q3 EPS Estimates for Public Storage Cut by Zacks Research

Public Storage (NYSE:PSA) – Investment analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Public Storage in a report released on Thursday, December 26th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $4.42 per share for the quarter, down from their previous forecast of $4.43. The consensus estimate for Public Storage’s current full-year earnings is $16.71 per share.

A number of other research firms also recently commented on PSA. Wolfe Research upgraded shares of Public Storage to a “strong-buy” rating in a research note on Wednesday, September 4th. Barclays reduced their price target on Public Storage from $381.00 to $380.00 and set an “overweight” rating for the company in a research report on Tuesday, November 12th. Evercore ISI lowered their price target on Public Storage from $343.00 to $338.00 and set an “in-line” rating on the stock in a research report on Monday, October 14th. Wells Fargo & Company cut their price objective on Public Storage from $375.00 to $365.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. Finally, Truist Financial boosted their target price on shares of Public Storage from $306.00 to $340.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Public Storage presently has an average rating of “Moderate Buy” and a consensus price target of $342.07.

Public Storage Trading Down 1.1 %

NYSE:PSA opened at $298.10 on Monday. The company has a market cap of $52.20 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 5.29 and a beta of 0.71. Public Storage has a twelve month low of $256.31 and a twelve month high of $369.99. The business has a 50 day moving average price of $328.54 and a two-hundred day moving average price of $325.10. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.77.

Institutional Investors Weigh In On Public Storage

A number of large investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC lifted its position in shares of Public Storage by 1.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 142,255 shares of the real estate investment trust’s stock valued at $51,762,000 after acquiring an additional 2,605 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Public Storage by 114.2% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 91,521 shares of the real estate investment trust’s stock worth $33,302,000 after buying an additional 48,803 shares in the last quarter. Larson Financial Group LLC increased its holdings in Public Storage by 3,714.6% in the 3rd quarter. Larson Financial Group LLC now owns 1,831 shares of the real estate investment trust’s stock valued at $666,000 after buying an additional 1,783 shares during the period. Handelsbanken Fonder AB raised its position in shares of Public Storage by 4.1% in the 3rd quarter. Handelsbanken Fonder AB now owns 72,741 shares of the real estate investment trust’s stock valued at $26,468,000 after buying an additional 2,832 shares in the last quarter. Finally, Equitable Trust Co. lifted its holdings in shares of Public Storage by 3.1% during the 3rd quarter. Equitable Trust Co. now owns 77,959 shares of the real estate investment trust’s stock worth $28,367,000 after acquiring an additional 2,344 shares during the period. Institutional investors and hedge funds own 78.79% of the company’s stock.

Insider Transactions at Public Storage

In other news, insider Nathaniel A. Vitan sold 450 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $317.99, for a total transaction of $143,095.50. Following the transaction, the insider now directly owns 2,364 shares of the company’s stock, valued at approximately $751,728.36. This trade represents a 15.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.00% of the company’s stock.

Public Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend is Friday, December 13th. Public Storage’s payout ratio is 124.61%.

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.