Public Storage Q3 EPS Forecast Decreased by Zacks Research

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

PSA has been the subject of several other reports. Jefferies Financial Group lifted their target price on shares of Public Storage from $360.00 to $422.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. Wolfe Research upgraded Public Storage to a “strong-buy” rating in a research note on Wednesday, September 4th. Evercore ISI decreased their price target on Public Storage from $343.00 to $338.00 and set an “in-line” rating for the company in a research note on Monday, October 14th. Morgan Stanley lifted their price objective on Public Storage from $293.00 to $315.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Finally, Barclays lowered their target price on shares of Public Storage from $381.00 to $380.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $342.07.

Public Storage Trading Down 0.8 %

Public Storage stock opened at $295.81 on Monday. Public Storage has a 12 month low of $256.31 and a 12 month high of $369.99. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.77. The business’s fifty day simple moving average is $327.81 and its two-hundred day simple moving average is $325.19. The company has a market capitalization of $51.80 billion, a price-to-earnings ratio of 30.72, a price-to-earnings-growth ratio of 5.29 and a beta of 0.71.

Institutional Trading of Public Storage

Hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. increased its position in Public Storage by 1.9% in the third quarter. Principal Financial Group Inc. now owns 214,382 shares of the real estate investment trust’s stock worth $78,007,000 after purchasing an additional 3,973 shares during the last quarter. Peapack Gladstone Financial Corp raised its position in shares of Public Storage by 2.7% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 2,243 shares of the real estate investment trust’s stock valued at $816,000 after buying an additional 58 shares in the last quarter. Synovus Financial Corp lifted its holdings in shares of Public Storage by 42.0% in the 3rd quarter. Synovus Financial Corp now owns 5,776 shares of the real estate investment trust’s stock valued at $2,101,000 after acquiring an additional 1,708 shares during the last quarter. Castellan Group purchased a new position in Public Storage in the third quarter worth about $3,937,000. Finally, Tidal Investments LLC increased its stake in Public Storage by 30.3% during the third quarter. Tidal Investments LLC now owns 11,386 shares of the real estate investment trust’s stock worth $4,143,000 after acquiring an additional 2,646 shares during the last quarter. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Insider Activity

In related news, insider Nathaniel A. Vitan sold 450 shares of the company’s stock in a transaction 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 completion of the transaction, the insider now owns 2,364 shares in the company, valued at approximately $751,728.36. This represents a 15.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were paid a $3.00 dividend. The ex-dividend date was Friday, December 13th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 4.06%. Public Storage’s dividend payout ratio (DPR) is presently 124.61%.

About Public Storage

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.