A number of firms have modified their ratings and price targets on shares of Public Storage (NYSE: PSA) recently:
- 7/10/2026 – Public Storage had its price target raised by UBS Group AG from $314.00 to $326.00. They now have a “neutral” rating on the stock.
- 7/10/2026 – Public Storage had its “equal weight” rating reaffirmed by Barclays PLC. They now have a $349.00 price target on the stock.
- 7/8/2026 – Public Storage had its price target raised by Scotiabank from $342.00 to $345.00. They now have an “outperform” rating on the stock.
- 7/8/2026 – Public Storage had its price target raised by Scotiabank from $342.00 to $345.00. They now have a “sector outperform” rating on the stock.
- 7/6/2026 – Public Storage was given a new $316.00 price target by Evercore Inc.
- 6/23/2026 – Public Storage had its price target raised by Truist Financial Corporation from $302.00 to $338.00. They now have a “buy” rating on the stock.
- 6/23/2026 – Public Storage had its price target raised by Evercore Inc from $317.00 to $318.00.
- 6/22/2026 – Public Storage had its “neutral” rating reaffirmed by UBS Group AG.
- 6/18/2026 – Public Storage had its price target raised by Scotiabank from $340.00 to $342.00. They now have a “sector outperform” rating on the stock.
- 6/16/2026 – Public Storage had its price target raised by Citigroup Inc. from $325.00 to $363.00. They now have a “buy” rating on the stock.
- 6/15/2026 – Public Storage had its price target raised by BMO Capital Markets from $305.00 to $340.00. They now have a “market perform” rating on the stock.
- 6/12/2026 – Public Storage was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/11/2026 – Public Storage had its price target raised by JPMorgan Chase & Co. from $291.00 to $338.00. They now have a “neutral” rating on the stock.
- 6/8/2026 – Public Storage had its price target raised by Evercore Inc from $306.00 to $317.00.
- 5/27/2026 – Public Storage had its price target raised by Mizuho from $301.00 to $316.00. They now have a “neutral” rating on the stock.
- 5/22/2026 – Public Storage had its price target raised by BNP Paribas Exane from $331.00 to $335.00. They now have an “outperform” rating on the stock.
- 5/20/2026 – Public Storage had its price target raised by Jefferies Financial Group Inc. from $350.00 to $355.00. They now have a “buy” rating on the stock.
- 5/18/2026 – Public Storage had its price target raised by UBS Group AG from $276.00 to $314.00. They now have a “neutral” rating on the stock.
Public Storage Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 15th. Public Storage’s dividend payout ratio is presently 123.84%.
Insiders Place Their Bets
In other Public Storage news, insider Nathaniel A. Vitan sold 950 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $324.81, for a total value of $308,569.50. Following the completion of the transaction, the insider directly owned 1,414 shares of the company’s stock, valued at $459,281.34. This represents a 40.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 11.10% of the stock is currently owned by insiders.
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.
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