Zacks Research Forecasts Public Storage FY2026 Earnings

Public Storage (NYSE:PSA) – Investment analysts at Zacks Research reduced their FY2026 earnings per share estimates for Public Storage in a report released on Monday, January 12th. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $17.17 per share for the year, down from their prior estimate of $17.43. 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 Q1 2027 earnings at $4.35 EPS, Q2 2027 earnings at $4.44 EPS, Q3 2027 earnings at $4.45 EPS and FY2027 earnings at $17.58 EPS.

Other equities research analysts have also issued reports about the company. Wall Street Zen lowered Public Storage from a “hold” rating to a “sell” rating in a research report on Saturday. Raymond James Financial dropped their price objective on shares of Public Storage from $350.00 to $330.00 and set a “strong-buy” rating on the stock in a report on Tuesday, November 18th. Royal Bank Of Canada cut their price objective on shares of Public Storage from $309.00 to $307.00 and set a “sector perform” rating on the stock in a research report on Friday, October 31st. Mizuho decreased their target price on shares of Public Storage from $310.00 to $285.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Finally, Barclays set a $331.00 price target on shares of Public Storage in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $315.47.

Public Storage Trading Up 0.3%

Shares of NYSE PSA opened at $279.90 on Wednesday. Public Storage has a 12-month low of $256.54 and a 12-month high of $322.49. The company has a market cap of $49.11 billion, a price-to-earnings ratio of 29.07, a price-to-earnings-growth ratio of 6.79 and a beta of 1.01. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.99. The stock’s 50 day simple moving average is $269.42 and its 200 day simple moving average is $282.57.

Public Storage (NYSE:PSA) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $4.24 by $0.07. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.21 billion. Public Storage had a return on equity of 36.09% and a net margin of 39.53%.Public Storage’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.20 earnings per share. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Whitener Capital Management Inc. boosted its stake in Public Storage by 2.3% during the 2nd quarter. Whitener Capital Management Inc. now owns 1,610 shares of the real estate investment trust’s stock valued at $472,000 after purchasing an additional 36 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in Public Storage by 9.5% during the second quarter. Rosenberg Matthew Hamilton now owns 416 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 36 shares in the last quarter. Patrick M Sweeney & Associates Inc. boosted its stake in Public Storage by 3.5% during the second quarter. Patrick M Sweeney & Associates Inc. now owns 1,070 shares of the real estate investment trust’s stock valued at $317,000 after buying an additional 36 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Public Storage by 7.0% during the third quarter. CoreCap Advisors LLC now owns 568 shares of the real estate investment trust’s stock worth $164,000 after acquiring an additional 37 shares during the period. Finally, Mather Group LLC. raised its position in Public Storage by 4.6% in the second quarter. Mather Group LLC. now owns 864 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

Public Storage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, December 15th. Public Storage’s dividend payout ratio is currently 124.61%.

More Public Storage News

Here are the key news stories impacting Public Storage this week:

• Positive Sentiment: Market commentary is highlighting Public Storage’s defensive qualities, steady demand drivers (life‑event moves), pricing power and a strong balance sheet — factors that can support the REIT in a slowing economy and help explain investor interest. These 3 Defensive Stocks Could Help Portfolios Weather a 2026 Downturn
• Positive Sentiment: PSA is included in lists of dividend/defensive picks (cited alongside other income names), reinforcing interest from income‑focused investors given its ~4% yield and $12 annual payout. Raymond James Analysts’ Best Picks Could Explode Again in 2026
• Neutral Sentiment: Zacks published a comparative piece weighing Outfront Media (OUT) vs. Public Storage for value investors — useful framing but not an immediate catalyst. OUT or PSA: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: RBC Capital put a Hold on PSA — not a downgrade to Sell but a signal of limited near‑term upside from that shop, which can temper momentum. Public Storage (PSA) Receives a Hold from RBC Capital
• Negative Sentiment: Zacks Research cut multiple near‑term and FY earnings estimates for PSA (reductions announced Jan 12–13). Highlights: Q1 2027 EPS to $4.35 (from $4.47), Q2 2027 to $4.44 (from $4.57), Q3 2027 to $4.45 (from $4.64), Q4 2027 to $4.33 (from $4.62); FY2027 to $17.58 (from $18.30); FY2026 to $17.17 (from $17.43). Those downward revisions compress forward earnings expectations and are the primary near‑term negative driver for the stock.

About Public Storage

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.