Public Storage (PSA) Projected to Release Earnings on Wednesday

Public Storage (NYSE:PSA) will likely be announcing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Public Storage to announce earnings of $2.54 per share and revenue of $1.2308 billion for the quarter. Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Public Storage (NYSE:PSA) last released its earnings results on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.29. Public Storage had a return on equity of 37.78% and a net margin of 39.16%.The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $4.12 EPS. The company’s revenue for the quarter was down .1% compared to the same quarter last year. On average, analysts expect Public Storage to post $17 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Public Storage Stock Performance

NYSE:PSA opened at $309.83 on Wednesday. The firm has a market capitalization of $54.39 billion, a PE ratio of 31.97, a PEG ratio of 4.24 and a beta of 0.96. The stock’s fifty day moving average is $314.32 and its 200 day moving average is $298.93. Public Storage has a fifty-two week low of $256.54 and a fifty-two week high of $331.79. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.56 and a current ratio of 0.56.

Public Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $3.00 per share. The ex-dividend date was Monday, June 15th. This represents a $12.00 dividend on an annualized basis and a yield of 3.9%. Public Storage’s payout ratio is 123.84%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PSA. Barclays reissued an “equal weight” rating and issued a $349.00 target price on shares of Public Storage in a research note on Friday, July 10th. Evercore set a $316.00 price target on shares of Public Storage in a research note on Monday, July 6th. Raymond James Financial began coverage on shares of Public Storage in a report on Thursday, July 16th. They set a “market perform” rating on the stock. Mizuho increased their price objective on shares of Public Storage from $301.00 to $316.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Truist Financial increased their price objective on shares of Public Storage from $302.00 to $338.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Seven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Public Storage currently has a consensus rating of “Hold” and an average price target of $325.37.

Insider Buying and Selling

In other Public Storage news, insider Nathaniel A. Vitan sold 950 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $324.81, for a total value of $308,569.50. Following the sale, the insider owned 1,414 shares in the company, valued at $459,281.34. This trade represents a 40.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.10% of the stock is owned by company insiders.

Institutional Trading of Public Storage

A number of large investors have recently made changes to their positions in PSA. Charles Schwab Investment Management Inc. grew its holdings in shares of Public Storage by 4.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,102,491 shares of the real estate investment trust’s stock worth $805,099,000 after purchasing an additional 126,583 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Public Storage by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,212,753 shares of the real estate investment trust’s stock worth $574,219,000 after buying an additional 18,541 shares during the period. APG Asset Management US Inc. lifted its holdings in Public Storage by 1.0% during the 4th quarter. APG Asset Management US Inc. now owns 2,207,675 shares of the real estate investment trust’s stock valued at $572,892,000 after buying an additional 22,696 shares in the last quarter. Invesco Ltd. lifted its holdings in Public Storage by 26.8% during the 4th quarter. Invesco Ltd. now owns 1,285,080 shares of the real estate investment trust’s stock valued at $333,478,000 after buying an additional 271,860 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Public Storage by 2.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,235,552 shares of the real estate investment trust’s stock valued at $362,577,000 after buying an additional 34,385 shares in the last quarter. 78.79% of the stock is owned by hedge funds and other institutional investors.

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.