Public Storage Q4 EPS Forecast Lowered by Zacks Research

Public Storage (NYSE:PSA) – Zacks Research lowered their Q4 2026 earnings per share (EPS) estimates for Public Storage in a research report issued on Monday, January 12th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $4.19 for the quarter, down from their prior forecast of $4.45. 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 2027 earnings at $4.33 EPS.

PSA has been the subject of a number of other research reports. BNP Paribas Exane cut their target price on shares of Public Storage from $329.00 to $315.00 in a research note on Tuesday, December 23rd. JPMorgan Chase & Co. restated a “neutral” rating and set a $301.00 price objective (down previously from $316.00) on shares of Public Storage in a report on Thursday, December 18th. Raymond James Financial decreased their target price on Public Storage from $350.00 to $330.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, November 18th. Mizuho dropped their price target on Public Storage from $310.00 to $285.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Finally, Truist Financial reduced their price target on Public Storage from $320.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $316.67.

Public Storage Trading Up 0.4%

PSA stock opened at $279.29 on Tuesday. Public Storage has a one year low of $256.54 and a one year high of $322.49. The stock has a market cap of $49.00 billion, a price-to-earnings ratio of 29.00, a price-to-earnings-growth ratio of 5.83 and a beta of 1.01. The company has a fifty day moving average price of $269.34 and a two-hundred day moving average price of $282.64. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.45 and a quick ratio of 0.45.

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

Hedge Funds Weigh In On Public Storage

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PSA. Whitener Capital Management Inc. grew its position in shares of 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 acquiring an additional 36 shares during the period. Rosenberg Matthew Hamilton boosted its position 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 worth $122,000 after purchasing an additional 36 shares in the last quarter. Patrick M Sweeney & Associates Inc. grew its holdings in Public Storage by 3.5% in 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 purchasing an additional 36 shares during the period. CoreCap Advisors LLC increased its position in shares of Public Storage by 7.0% in the third quarter. CoreCap Advisors LLC now owns 568 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 37 shares in the last quarter. Finally, Mather Group LLC. raised its stake in shares of Public Storage by 4.6% during the 2nd quarter. Mather Group LLC. now owns 864 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 38 shares during the period. 78.79% of the stock is owned by institutional investors and hedge funds.

Public Storage Announces Dividend

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

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.