Q1 2025 EPS Estimates for Public Storage (NYSE:PSA) Decreased by Analyst

Public Storage (NYSE:PSA) – Equities research analysts at Zacks Research cut their Q1 2025 earnings estimates for Public Storage in a research report issued to clients and investors on Thursday, September 26th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $4.14 per share for the quarter, down from their previous forecast of $4.16. The consensus estimate for Public Storage’s current full-year earnings is $16.75 per share. Zacks Research also issued estimates for Public Storage’s Q3 2025 earnings at $4.43 EPS, Q4 2025 earnings at $4.39 EPS, FY2025 earnings at $17.27 EPS and Q2 2026 earnings at $4.50 EPS.

A number of other equities research analysts also recently weighed in on PSA. Citigroup upped their price target on shares of Public Storage from $303.00 to $378.00 and gave the company a “buy” rating in a report on Friday, August 30th. Jefferies Financial Group upped their price target on shares of Public Storage from $360.00 to $422.00 and gave the company a “buy” rating in a report on Wednesday, September 18th. Scotiabank upped their price target on shares of Public Storage from $308.00 to $339.00 and gave the company a “sector perform” rating in a report on Thursday, August 22nd. Truist Financial downgraded shares of Public Storage from a “buy” rating to a “hold” rating and set a $306.00 price target for the company. in a report on Thursday, August 1st. Finally, Wells Fargo & Company boosted their price objective on Public Storage from $310.00 to $320.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Public Storage presently has a consensus rating of “Moderate Buy” and a consensus price target of $339.08.

Public Storage Price Performance

Shares of NYSE PSA opened at $360.06 on Monday. Public Storage has a twelve month low of $233.18 and a twelve month high of $369.99. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $63.02 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 5.02 and a beta of 0.67. The firm has a 50-day moving average of $334.80 and a two-hundred day moving average of $299.46.

Public Storage (NYSE:PSA) last posted its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $2.66 earnings per share for the quarter, missing the consensus estimate of $4.20 by ($1.54). Public Storage had a return on equity of 36.55% and a net margin of 44.88%. The company had revenue of $921.70 million during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the company earned $4.28 EPS. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year.

Hedge Funds Weigh In On Public Storage

A number of large investors have recently made changes to their positions in PSA. Core Wealth Advisors Inc. acquired a new position in Public Storage in the fourth quarter worth approximately $30,000. OFI Invest Asset Management acquired a new position in Public Storage in the second quarter worth approximately $32,000. Opal Wealth Advisors LLC acquired a new position in Public Storage in the second quarter worth approximately $36,000. ICA Group Wealth Management LLC acquired a new position in Public Storage in the fourth quarter worth approximately $37,000. Finally, Riverview Trust Co acquired a new position in Public Storage in the first quarter worth approximately $37,000. Institutional investors and hedge funds own 78.79% of the company’s stock.

Public Storage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $3.00 dividend. The ex-dividend date was Friday, September 13th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 3.33%. Public Storage’s dividend payout ratio is 108.99%.

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.