Public Storage (PSA) Stock Forecast & Price Target

$296.25 -1.45 (-0.49%)

As of 01/17/2025 03:59 PM Eastern

Public Storage - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
7

Buy
7

Based on 14 Wall Street analysts who have issued ratings for Public Storage in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 7 have given a hold rating, 5 have given a buy rating, and 2 have given a strong buy rating for PSA.

Consensus Price Target

$344.54
16.30% Upside

According to the 14 analysts' twelve-month price targets for Public Storage, the average price target is $344.54. The highest price target for PSA is $422.00, while the lowest price target for PSA is $299.00. The average price target represents a forecasted upside of 16.30% from the current price of $296.25.

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PSA Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$344.54	$342.07	$340.93	$302.86
Forecasted Upside	16.30% Upside	14.98% Upside	1.78% Upside	3.75% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PSA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PSA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Public Storage Stock vs. The Competition

Type	Public Storage	Finance Companies	S&P 500
Consensus Rating Score	2.64	2.51	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	16.30% Upside	22.60% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent PSA News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/13/2025	Barclays 3 of 5 stars	Brendan Lynch Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$380.00 ➝ $361.00	+25.06%
1/10/2025	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Upgrade	Sell ➝ Hold	$298.00 ➝ $299.00	+1.25%
12/5/2024	Truist Financial 2 of 5 stars	K. Kim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$306.00 ➝ $340.00	+2.03%
11/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Heffern Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$358.00 ➝ $344.00	+1.41%
11/5/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$375.00 ➝ $365.00	+10.05%
10/14/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	In-Line ➝ In-Line	$343.00 ➝ $338.00	-1.41%
10/2/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$293.00 ➝ $315.00	-11.54%
9/18/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$360.00 ➝ $422.00	+16.60%
9/4/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Carl Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/30/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$303.00 ➝ $378.00	+11.04%
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8/22/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$308.00 ➝ $339.00	+2.36%
8/5/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$318.00 ➝ $318.00	+1.96%
3/28/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Strong-Buy	$330.00	+14.54%
3/19/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$325.00 ➝ $330.00	+19.00%
1/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$307.00 ➝ $340.00	+15.17%
9/13/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$360.00 ➝ $340.00	+25.14%
6/13/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$338.00 ➝ $324.00	+12.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:55 PM ET.

Should I Buy Public Storage Stock? PSA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, January 14, 2025. Please send any questions or comments about these Public Storage pros and cons to contact@marketbeat.com.

Public Storage
Bull Case

Here are some ways that investors could benefit from investing in Public Storage:

Public Storage has a strong market capitalization of $50.81 billion, indicating a robust position in the real estate investment trust (REIT) sector, which can provide stability and growth potential for investors.
The company recently declared a quarterly dividend of $3.00 per share, translating to an annualized dividend of $12.00 and a yield of 4.14%. This consistent dividend payout can attract income-focused investors.
Insider activity shows confidence in the company, with a director recently purchasing shares, suggesting that those with inside knowledge believe in the company's future performance.
Public Storage's stock price is currently $290.15, which is relatively stable compared to its twelve-month high of $369.99, indicating potential for recovery and growth.
78.79% of the stock is owned by institutional investors, reflecting strong institutional confidence and support, which can lead to more stability in stock performance.

Public Storage
Bear Case

Investors should be bearish about investing in Public Storage for these reasons:

The dividend payout ratio is currently 108.99%, which indicates that the company is paying out more in dividends than it is earning. This could raise concerns about the sustainability of future dividends.
Public Storage has a debt-to-equity ratio of 1.77, suggesting that the company is heavily reliant on debt to finance its operations, which can increase financial risk, especially in a rising interest rate environment.
The stock has experienced volatility, with a twelve-month low of $256.31, indicating potential risks for investors who may be concerned about price fluctuations.
Recent insider selling, such as the sale of 400 shares by an insider, could signal a lack of confidence in the company's short-term performance, which may deter potential investors.
The company's P/E ratio of 30.13 is relatively high, suggesting that the stock may be overvalued compared to its earnings, which could lead to a price correction in the future.

PSA Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Public Storage is $344.54, with a high forecast of $422.00 and a low forecast of $299.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There are currently 7 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PSA shares.
: According to analysts, Public Storage's stock has a predicted upside of 16.30% based on their 12-month stock forecasts.
: Over the previous 90 days, Public Storage's stock had 1 upgrade by analysts.
: Public Storage has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, Royal Bank of Canada, Truist Financial, and Wells Fargo & Company in the past 90 days.
: Analysts like Public Storage more than other "finance" companies. The consensus rating score for Public Storage is 2.64 while the average consensus rating score for "finance" companies is 2.51. Learn more on how PSA compares to other companies.

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This page (NYSE:PSA) was last updated on 1/20/2025 by MarketBeat.com Staff

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Public Storage (PSA) Stock Forecast & Price Target