Q1 EPS Estimates for Public Storage Cut by Zacks Research

Public Storage (NYSE:PSA) – Investment analysts at Zacks Research dropped their Q1 2025 earnings estimates for Public Storage in a report released on Thursday, March 13th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $4.10 per share for the quarter, down from their prior forecast of $4.14. 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 Q2 2025 earnings at $4.22 EPS, Q3 2025 earnings at $4.24 EPS, Q4 2025 earnings at $4.22 EPS, FY2025 earnings at $16.79 EPS, Q1 2026 earnings at $4.25 EPS, Q2 2026 earnings at $4.34 EPS, Q3 2026 earnings at $4.46 EPS, Q4 2026 earnings at $4.39 EPS, FY2026 earnings at $17.44 EPS and FY2027 earnings at $18.51 EPS.

Other analysts have also issued reports about the company. Scotiabank decreased their price target on Public Storage from $338.00 to $333.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 5th. Truist Financial boosted their target price on shares of Public Storage from $306.00 to $340.00 and gave the company a “hold” rating in a report on Thursday, December 5th. Barclays reaffirmed an “overweight” rating and set a $354.00 price target (down previously from $361.00) on shares of Public Storage in a research note on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft raised shares of Public Storage from a “sell” rating to a “hold” rating and boosted their price objective for the company from $298.00 to $299.00 in a research note on Friday, January 10th. Finally, Wells Fargo & Company cut their target price on Public Storage from $365.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, February 21st. Seven investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $339.69.

Public Storage Price Performance

PSA stock opened at $300.37 on Monday. The stock has a market capitalization of $52.69 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 4.91 and a beta of 0.73. The stock’s fifty day simple moving average is $299.89 and its 200-day simple moving average is $323.18. Public Storage has a 52-week low of $256.31 and a 52-week high of $369.99. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.77.

Hedge Funds Weigh In On Public Storage

Several hedge funds and other institutional investors have recently bought and sold shares of PSA. Quent Capital LLC grew its position in Public Storage by 135.1% in the fourth quarter. Quent Capital LLC now owns 87 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 50 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in Public Storage during the 3rd quarter valued at $34,000. Ameriflex Group Inc. acquired a new stake in Public Storage during the 4th quarter valued at $30,000. Strategic Investment Solutions Inc. IL purchased a new stake in Public Storage during the 4th quarter worth $32,000. Finally, Synergy Asset Management LLC acquired a new position in Public Storage in the 4th quarter worth $38,000. 78.79% of the stock is owned by institutional investors and hedge funds.

Public Storage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, March 13th will be given a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, March 13th. Public Storage’s dividend payout ratio (DPR) is presently 112.89%.

Public Storage Company Profile

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.