Evercore ISI Lowers Public Storage (NYSE:PSA) Price Target to $305.00

Public Storage (NYSE:PSA) had its price objective cut by equities researchers at Evercore ISI from $309.00 to $305.00 in a report released on Monday,MarketScreener reports. Evercore ISI’s price objective would indicate a potential upside of 3.94% from the stock’s previous close.

A number of other research firms have also recently weighed in on PSA. Royal Bank Of Canada cut their price target on Public Storage from $309.00 to $307.00 and set a “sector perform” rating on the stock in a research note on Friday, October 31st. Morgan Stanley started coverage on Public Storage in a research report on Friday, December 5th. They set an “equal weight” rating and a $290.00 target price on the stock. Wall Street Zen cut Public Storage from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Raymond James Financial dropped their price target on shares of Public Storage from $350.00 to $330.00 and set a “strong-buy” rating on the stock in a research note on Tuesday, November 18th. Finally, UBS Group cut their price objective on shares of Public Storage from $293.00 to $276.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $315.56.

Public Storage Stock Up 2.0%

Public Storage stock traded up $5.67 during trading on Monday, reaching $293.44. The stock had a trading volume of 1,192,622 shares, compared to its average volume of 1,138,151. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.99. Public Storage has a 52-week low of $256.54 and a 52-week high of $322.49. The stock has a market cap of $51.49 billion, a PE ratio of 30.47, a P/E/G ratio of 6.82 and a beta of 1.01. The business has a 50 day moving average price of $269.59 and a 200 day moving average price of $282.61.

Public Storage (NYSE:PSA) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $4.24 by $0.07. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. Public Storage had a net margin of 39.53% and a return on equity of 36.09%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.20 EPS. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS. On average, analysts predict that Public Storage will post 16.7 EPS for the current year.

Institutional Trading of Public Storage

Institutional investors and hedge funds have recently bought and sold shares of the business. Whitener Capital Management Inc. grew its holdings in Public Storage by 2.3% during the second quarter. Whitener Capital Management Inc. now owns 1,610 shares of the real estate investment trust’s stock worth $472,000 after acquiring an additional 36 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in Public Storage by 9.5% in the second quarter. Rosenberg Matthew Hamilton now owns 416 shares of the real estate investment trust’s stock valued at $122,000 after acquiring an additional 36 shares during the period. Patrick M Sweeney & Associates Inc. boosted its position in shares of Public Storage by 3.5% during the 2nd quarter. Patrick M Sweeney & Associates Inc. now owns 1,070 shares of the real estate investment trust’s stock worth $317,000 after purchasing an additional 36 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of Public Storage by 7.0% during the 3rd quarter. CoreCap Advisors LLC now owns 568 shares of the real estate investment trust’s stock worth $164,000 after purchasing an additional 37 shares in the last quarter. Finally, Mather Group LLC. grew its stake in shares of Public Storage by 4.6% during the 2nd quarter. Mather Group LLC. now owns 864 shares of the real estate investment trust’s stock worth $253,000 after purchasing an additional 38 shares during the period. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Trending Headlines about Public Storage

Here are the key news stories impacting Public Storage this week:

• Neutral Sentiment: Valuation/market-note: A recent piece questions whether PSA’s current market price matches discounted‑cash‑flow and P/E valuation signals, providing investors a fresh valuation perspective that can support buying interest if the stock looks cheap relative to DCF/P‑E metrics. Is Public Storage (PSA) Pricing Reflect Its DCF And P/E Valuation Signals Today
• Neutral Sentiment: Dividend tax clarity: Public Storage confirmed that all 2025 distributions (common and preferred series) were classified 100% as ordinary dividends (no capital gain distributions). That removes uncertainty around tax characterization for 2025 payouts and is useful for income investors doing tax planning. Public Storage Announces Tax Treatment of 2025 Dividends
• Negative Sentiment: Analyst downward revisions: Zacks Research cut multiple near‑term and full‑year EPS estimates (Q1, Q2, Q3 2027 and FY2026/FY2027), trimming FY2027 from $18.30 to $17.58 and lowering several quarterly forecasts — a signal that some sell‑side views are becoming more cautious about growth/operating trends, which may pressure sentiment if revisions continue.
• Negative Sentiment: Insider transaction: A report shows Rep. Gilbert Ray Cisneros, Jr. sold PSA shares. While single insider sales aren’t uncommon and aren’t definitive on company fundamentals, such filings can be read negatively by some investors until context (size, timing) is known. Rep. Gilbert Ray Cisneros, Jr. Sells Public Storage (NYSE:PSA) Stock

Public Storage Company Profile

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.