Public Storage (NYSE:PSA - Free Report) - Analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for Public Storage in a research report issued to clients and investors on Tuesday, January 28th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $4.14 for the quarter, down from their previous forecast of $4.16. 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 $4.33 EPS, Q3 2025 earnings at $4.38 EPS, Q4 2025 earnings at $4.31 EPS, FY2025 earnings at $17.17 EPS, Q1 2026 earnings at $4.36 EPS, Q2 2026 earnings at $4.47 EPS, Q3 2026 earnings at $4.57 EPS, Q4 2026 earnings at $4.54 EPS and FY2026 earnings at $17.95 EPS.
Other equities analysts have also recently issued research reports about the company. Morgan Stanley upped their price target on Public Storage from $293.00 to $315.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 2nd. Wells Fargo & Company decreased their target price on shares of Public Storage from $375.00 to $365.00 and set an "overweight" rating for the company in a research note on Tuesday, November 5th. Royal Bank of Canada dropped their price target on shares of Public Storage from $358.00 to $344.00 and set a "sector perform" rating on the stock in a research note on Friday, November 8th. Barclays decreased their price objective on shares of Public Storage from $380.00 to $361.00 and set an "overweight" rating for the company in a research report on Monday, January 13th. Finally, Truist Financial boosted their price target on Public Storage from $306.00 to $340.00 and gave the stock a "hold" rating in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Public Storage has a consensus rating of "Moderate Buy" and an average target price of $344.54.
Check Out Our Latest Analysis on Public Storage
Public Storage Price Performance
Shares of NYSE PSA opened at $294.45 on Thursday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.97 and a quick ratio of 0.97. Public Storage has a 1-year low of $256.31 and a 1-year high of $369.99. The company has a market capitalization of $51.56 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 4.68 and a beta of 0.74. The business has a 50-day moving average of $311.40 and a 200-day moving average of $326.04.
Insiders Place Their Bets
In other Public Storage news, insider Nathaniel A. Vitan sold 450 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $317.99, for a total value of $143,095.50. Following the transaction, the insider now owns 2,364 shares of the company's stock, valued at $751,728.36. This trade represents a 15.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.00% of the stock is currently owned by corporate insiders.
Institutional Trading of Public Storage
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quent Capital LLC increased 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 worth $26,000 after buying an additional 50 shares during the period. Prospera Private Wealth LLC bought a new position in shares of Public Storage during the third quarter worth about $34,000. Ashton Thomas Securities LLC acquired a new stake in shares of Public Storage in the 3rd quarter worth about $38,000. Synergy Asset Management LLC bought a new stake in Public Storage in the 4th quarter valued at about $38,000. Finally, Compagnie Lombard Odier SCmA acquired a new position in Public Storage during the 3rd quarter valued at about $50,000. 78.79% of the stock is currently owned by institutional investors and hedge funds.
About Public Storage
(
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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.
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