Public Storage (PSA) Stock Forecast & Price Target $337.29 +2.28 (+0.68%) (As of 11/18/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Public Storage - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating 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 BuyBased on 15 Analyst RatingsSell1Hold6Buy8 Based on 15 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 15 analysts, 1 has given a sell rating, 6 have given a hold rating, 6 have given a buy rating, and 2 have given a strong buy rating for PSA. Consensus Price Target $339.640.70% Upside According to the 15 analysts' twelve-month price targets for Public Storage, the average price target is $339.64. The highest price target for PSA is $422.00, while the lowest price target for PSA is $250.00. The average price target represents a forecasted upside of 0.70% from the current price of $337.29. Get the Latest News and Ratings for PSA and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Public Storage and its competitors. Enter your email to sign up for newsletter Sign Up PSA Analyst Ratings Over TimeTypeCurrent Forecast11/19/23 to 11/18/241 Month Ago10/20/23 to 10/19/243 Months Ago8/21/23 to 8/20/241 Year Ago11/19/22 to 11/19/23Strong Buy2 Strong Buy rating(s)2 Strong Buy rating(s)1 Strong Buy rating(s)0 Strong Buy rating(s)Buy6 Buy rating(s)6 Buy rating(s)5 Buy rating(s)5 Buy rating(s)Hold6 Hold rating(s)6 Hold rating(s)5 Hold rating(s)2 Hold rating(s)Sell1 Sell rating(s)1 Sell rating(s)1 Sell rating(s)0 Sell rating(s)Consensus Price Target$339.64$337.00$309.92$299.83Forecasted Upside0.70% Upside-2.49% Downside-4.80% Downside16.35% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy I was wrong. Dead wrong. (Ad)Deep inside Silicon Valley the alarm bells are ringing… Jeff Bezos just sold $3 billion in Amazon stock. Warren Buffet just sold another 100 million Apple shares. Yet while the insiders are dumping shares, millions of unsuspecting investors are dumping more and more money in… blind to the carnage that’s just around the corner.Click here to watch. PSA Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History PSA Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Public Storage Stock vs. The CompetitionTypePublic StorageFinance CompaniesS&P 500Consensus Rating Score 2.60 2.49 2.50Consensus RatingModerate BuyHoldModerate BuyPredicted Upside0.92% Upside12.16% Upside9.39% UpsideNews Sentiment RatingPositive NewsSee Recent PSA NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/12/2024Barclays3 of 5 stars Lower TargetOverweight ➝ Overweight$381.00 ➝ $380.00+13.80%11/8/2024Royal Bank of Canada4 of 5 starsB. HeffernSubscribe to MarketBeat All Access for the recommendation accuracy ratingLower TargetSector Perform ➝ Sector Perform$358.00 ➝ $344.00+1.41%11/5/2024Wells Fargo & Company3 of 5 stars Lower TargetOverweight ➝ Overweight$375.00 ➝ $365.00+10.05%10/14/2024Evercore ISISubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetIn-Line ➝ In-Line$343.00 ➝ $338.00-1.41%10/2/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetEqual Weight ➝ Equal Weight$293.00 ➝ $315.00-11.54%9/18/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$360.00 ➝ $422.00+16.60% Get the Latest News and Ratings for PSA and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Public Storage and its competitors with MarketBeat's FREE daily newsletter. 9/4/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingK. CarlSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeStrong-Buy8/30/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$303.00 ➝ $378.00+11.04%8/22/2024ScotiabankSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetSector Perform ➝ Sector Perform$308.00 ➝ $339.00+2.36%8/5/2024Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Neutral$318.00 ➝ $318.00+1.96%8/1/2024Truist FinancialSubscribe to MarketBeat All Access for the recommendation accuracy ratingK. KimSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeBuy ➝ Hold$306.00 ➝ $306.00+3.41%3/28/2024Raymond JamesSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeMarket Perform ➝ Strong-Buy$330.00+14.54%3/19/2024BMO Capital MarketsSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperform ➝ Outperform$325.00 ➝ $330.00+19.00%1/30/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating Initiated CoverageSell$250.00-13.74%1/11/2024The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$307.00 ➝ $340.00+15.17%9/13/2023Stifel NicolausSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetBuy ➝ Buy$360.00 ➝ $340.00+25.14%6/13/2023JPMorgan 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 07:30 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 Wednesday, November 6, 2024. 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 net margin of 44.88% and a solid return on equity of 36.55%, indicating efficient operations and profitability. The company announced a quarterly dividend of $3.00 per share, representing a dividend yield of 3.34%, providing investors with a steady income stream. Public Storage's stock price has shown resilience, trading at $359.58 on the latest available date, potentially indicating market confidence in the company. Despite missing earnings estimates in the previous quarter, Public Storage has a history of strong performance and is expected to post 16.75 earnings per share for the current fiscal year. Public Storage is a member of the S&P 500 and FT Global 500, adding to its credibility and stability as an investment option. Public Storage Bear Case Investors should be bearish about investing in Public Storage for these reasons: Public Storage's revenue for the quarter was down 1.0% year-over-year, indicating a potential slowdown in growth. The company's payout ratio is currently high at 108.99%, which may raise concerns about sustainability of the dividend payments in the long term. Analyst estimates for revenue were not met in the previous quarter, suggesting potential challenges in meeting market expectations. Public Storage's debt-to-equity ratio of 1.72 may pose risks in case of economic downturns or rising interest rates. While the stock has a consensus rating of "Moderate Buy," there are mixed analyst opinions, with one sell rating and six hold ratings, indicating uncertainty in the market sentiment. PSA Forecast - Frequently Asked Questions What is Public Storage's forecast for 2025? According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Public Storage is $339.64, with a high forecast of $422.00 and a low forecast of $250.00. Should I buy or sell Public Storage stock right now? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Storage in the last year. There is currently 1 sell rating, 6 hold ratings, 6 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PSA shares. Does Public Storage's stock price have much upside? According to analysts, Public Storage's stock has a predicted upside of 0.70% based on their 12-month stock forecasts. Has Public Storage been upgraded by Wall Street analysts recently? Over the previous 90 days, Public Storage's stock had 1 upgrade by analysts. What analysts cover Public Storage? Public Storage has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Jefferies Financial Group, Morgan Stanley, Royal Bank of Canada, Scotiabank, Wells Fargo & Company, and Wolfe Research in the past 90 days. Do Wall Street analysts like Public Storage more than its competitors? Analysts like Public Storage more than other "finance" companies. The consensus rating for Public Storage is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PSA compares to other companies. Stock Forecasts and Research Tools Related Companies AMT Stock Forecast WELL Stock Forecast EXR Stock Forecast VTR Stock Forecast WY Stock Forecast CUBE Stock Forecast OHI Stock Forecast RHP Stock Forecast HR Stock Forecast RYN Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter I was wrong. Dead wrong. (Ad)Deep inside Silicon Valley the alarm bells are ringing… Jeff Bezos just sold $3 billion in Amazon stock. Warren Buffet just sold another 100 million Apple shares. Yet while the insiders are dumping shares, millions of unsuspecting investors are dumping more and more money in… blind to the carnage that’s just around the corner.Click here to watch. This page (NYSE:PSA) was last updated on 11/18/2024 by MarketBeat.com Staff From Our PartnersTrump won. Buy this coin now.Juan Villaverde called the top and bottom of every crypto bull market since 2012. 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