Public Storage FY2026 EPS Estimate Reduced by Zacks Research

Public Storage (NYSE:PSA) – Analysts at Zacks Research dropped their FY2026 earnings 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 post earnings of $17.17 per share for the year, down from their previous forecast 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 analysts also recently issued research reports about the company. Evercore ISI decreased their price objective on Public Storage from $309.00 to $305.00 in a report on Monday. Deutsche Bank Aktiengesellschaft upgraded shares of Public Storage from a “hold” rating to a “buy” rating and set a $325.00 price target for the company in a research note on Monday, October 13th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $301.00 price target (down from $316.00) on shares of Public Storage in a research report on Thursday, December 18th. BMO Capital Markets cut their price objective on shares of Public Storage from $320.00 to $305.00 and set a “market perform” rating on the stock in a report on Monday, December 22nd. Finally, Wall Street Zen downgraded shares of Public Storage from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.56.

Public Storage Trading Up 2.0%

PSA opened at $293.44 on Wednesday. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.99. Public Storage has a 52 week low of $256.54 and a 52 week high of $322.49. The stock has a market cap of $51.49 billion, a PE ratio of 30.47, a PEG ratio of 7.02 and a beta of 1.01. The business has a 50 day moving average of $269.98 and a 200-day moving average of $282.68.

Public Storage (NYSE:PSA) last posted its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $4.31 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm posted $4.20 EPS. The business’s revenue was down 5.4% on a year-over-year basis. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS.

Public Storage Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, December 15th. Public Storage’s dividend payout ratio is currently 124.61%.

Institutional Investors Weigh In On Public Storage

Several institutional investors and hedge funds have recently made changes to their positions in the company. 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 during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of 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 purchasing an additional 36 shares in the last quarter. Patrick M Sweeney & Associates Inc. boosted its position in shares of 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 during the last quarter. CoreCap Advisors LLC increased its holdings in Public Storage by 7.0% in the 3rd quarter. CoreCap Advisors LLC now owns 568 shares of the real estate investment trust’s stock worth $164,000 after buying an additional 37 shares in the last quarter. Finally, Mather Group LLC. raised its position in Public Storage by 4.6% in 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 last quarter. Institutional investors own 78.79% of the company’s stock.

Trending Headlines about Public Storage

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

• Positive Sentiment: Goldman Sachs kept a Buy rating and lowered its price target to $321, still implying meaningful upside from current levels — supports investor confidence in PSA’s earnings power and long-term outlook. Read More. Read More.
• Neutral Sentiment: Evercore ISI trimmed its price target slightly to $305 (from $309) but left its rating unchanged — a modest update that leaves only limited impact on the stock’s near-term valuation. Read More.
• Neutral Sentiment: Public Storage confirmed the tax characterization of its 2025 dividends as 100% ordinary income (no capital-gain distributions) — provides clarity for income investors but doesn’t change company cash flow. Read More.
• Neutral Sentiment: Valuation coverage (DCF/P‑E focus) published about whether PSA’s price reflects its valuation signals — useful context for traders assessing whether the current move is valuation-driven or sentiment-driven. Read More.
• Negative Sentiment: Zacks revised down quarterly and full‑year EPS estimates (Q1–Q3 2027 and FY2026/27), lowering short‑term earnings expectations — a direct headwind for forward earnings multiples and investor sentiment. Read More.
• Negative Sentiment: A disclosure reported that Rep. Gilbert Ray Cisneros, Jr. sold PSA shares — insider selling can be viewed negatively by some investors even if non‑material. Read More.

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.