Public Storage FY2025 EPS Estimate Raised by Zacks Research

Public Storage (NYSE:PSA) – Zacks Research raised their FY2025 EPS estimates for Public Storage in a report issued on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings per share of $16.93 for the year, up from their prior forecast of $16.85. 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 2026 earnings at $4.39 EPS, Q3 2026 earnings at $4.41 EPS, FY2026 earnings at $17.43 EPS, Q2 2027 earnings at $4.57 EPS and Q3 2027 earnings at $4.64 EPS.

Public Storage (NYSE:PSA) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $4.31 EPS for the quarter, topping analysts’ consensus estimates of $4.24 by $0.07. Public Storage had a return on equity of 35.67% and a net margin of 39.53%.During the same period in the prior year, the business posted $4.20 EPS. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS.

Several other equities research analysts have also issued reports on PSA. Barclays dropped their price objective on shares of Public Storage from $351.00 to $349.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Evercore ISI decreased their price target on shares of Public Storage from $317.00 to $315.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft raised Public Storage from a “hold” rating to a “buy” rating and set a $325.00 price objective on the stock in a research report on Monday, October 13th. UBS Group reduced their price objective on Public Storage from $305.00 to $295.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Public Storage in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $325.38.

Public Storage Trading Down 2.0%

NYSE PSA opened at $265.97 on Thursday. The firm has a market capitalization of $46.67 billion, a price-to-earnings ratio of 27.62, a PEG ratio of 4.72 and a beta of 0.91. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.77 and a current ratio of 1.77. Public Storage has a one year low of $256.60 and a one year high of $355.87. The company’s 50 day moving average price is $288.06 and its 200 day moving average price is $291.22.

Public Storage Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be paid a dividend of $3.00 per share. The ex-dividend date is Monday, December 15th. This represents a $12.00 annualized dividend and a dividend yield of 4.5%. Public Storage’s dividend payout ratio (DPR) is currently 124.61%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Kingsview Wealth Management LLC increased its holdings in Public Storage by 15.1% during the 1st quarter. Kingsview Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $376,000 after purchasing an additional 165 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Public Storage by 20.1% during the 1st quarter. Private Advisor Group LLC now owns 5,215 shares of the real estate investment trust’s stock valued at $1,561,000 after buying an additional 873 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of Public Storage by 5.5% during the first quarter. Kestra Private Wealth Services LLC now owns 2,647 shares of the real estate investment trust’s stock worth $792,000 after buying an additional 137 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Public Storage by 15.3% in the first quarter. IFP Advisors Inc now owns 3,095 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 411 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in Public Storage by 46.7% in the first quarter. J.W. Cole Advisors Inc. now owns 2,877 shares of the real estate investment trust’s stock valued at $861,000 after acquiring an additional 916 shares in the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

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.