Q1 EPS Estimates for Public Storage Reduced by Analyst

Public Storage (NYSE:PSAFree Report) – Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Public Storage in a report released on Thursday, March 13th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $4.10 per share for the quarter, down from their previous estimate 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 equities research analysts also recently issued research reports about the stock. Truist Financial boosted their target price on shares of Public Storage from $306.00 to $340.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised 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 report on Friday, January 10th. Scotiabank reduced their target price on Public Storage from $338.00 to $333.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 5th. Barclays reiterated an “overweight” rating and issued a $354.00 price target (down from $361.00) on shares of Public Storage in a report on Wednesday, March 12th. Finally, Royal Bank of Canada reduced their price objective on Public Storage from $342.00 to $329.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 26th. Seven research 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. According to MarketBeat, Public Storage has an average rating of “Moderate Buy” and a consensus price target of $339.69.

View Our Latest Stock Analysis on Public Storage

Public Storage Stock Up 0.7 %

Shares of NYSE:PSA opened at $300.37 on Monday. The firm has a market cap of $52.69 billion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 4.91 and a beta of 0.73. The company has a fifty day simple moving average of $299.89 and a 200 day simple moving average of $323.18. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.77. Public Storage has a 12-month low of $256.31 and a 12-month high of $369.99.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PSA. Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Public Storage in the fourth quarter worth $37,022,000. Phocas Financial Corp. bought a new position in Public Storage in the 4th quarter valued at about $213,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Public Storage in the 4th quarter valued at about $99,157,000. Azzad Asset Management Inc. ADV increased its stake in Public Storage by 1.5% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 4,696 shares of the real estate investment trust’s stock valued at $1,406,000 after buying an additional 70 shares during the period. Finally, Integrated Advisors Network LLC raised its position in shares of Public Storage by 1.4% during the 4th quarter. Integrated Advisors Network LLC now owns 3,067 shares of the real estate investment trust’s stock worth $918,000 after buying an additional 41 shares in the last quarter. Institutional investors own 78.79% of the company’s stock.

Public Storage Announces Dividend

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

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.

See Also

Earnings History and Estimates for Public Storage (NYSE:PSA)

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