Public Storage Q1 EPS Forecast Lowered by Zacks Research

Public Storage (NYSE:PSA) – Stock analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for Public Storage in a research note issued to investors on Tuesday, January 28th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $4.14 for the quarter, down from their previous forecast of $4.16. 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 $4.33 EPS, Q3 2025 earnings at $4.38 EPS, Q4 2025 earnings at $4.31 EPS, FY2025 earnings at $17.17 EPS, Q1 2026 earnings at $4.36 EPS, Q2 2026 earnings at $4.47 EPS, Q3 2026 earnings at $4.57 EPS, Q4 2026 earnings at $4.54 EPS and FY2026 earnings at $17.95 EPS.

PSA has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft raised shares of Public Storage from a “sell” rating to a “hold” rating and increased their price target for the stock from $298.00 to $299.00 in a research note on Friday, January 10th. Royal Bank of Canada lowered their price target on Public Storage from $358.00 to $344.00 and set a “sector perform” rating for the company in a research report on Friday, November 8th. Wells Fargo & Company cut their price objective on Public Storage from $375.00 to $365.00 and set an “overweight” rating on the stock in a report on Tuesday, November 5th. Truist Financial increased their price target on Public Storage from $306.00 to $340.00 and gave the company a “hold” rating in a report on Thursday, December 5th. Finally, Barclays dropped their price objective on shares of Public Storage from $380.00 to $361.00 and set an “overweight” rating on the stock in a research note on Monday, January 13th. 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 stock. Based on data from MarketBeat, Public Storage presently has a consensus rating of “Moderate Buy” and a consensus price target of $344.54.

Public Storage Trading Up 1.3 %

NYSE PSA opened at $298.11 on Thursday. The company has a market cap of $52.20 billion, a P/E ratio of 30.96, a P/E/G ratio of 4.68 and a beta of 0.74. Public Storage has a 12 month low of $256.31 and a 12 month high of $369.99. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50-day moving average of $310.63 and a 200-day moving average of $325.82.

Insider Activity at Public Storage

In related news, insider Nathaniel A. Vitan sold 450 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $317.99, for a total value of $143,095.50. Following the completion of the transaction, the insider now directly owns 2,364 shares of the company’s stock, valued at $751,728.36. This represents a 15.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Public Storage by 61.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,584 shares of the real estate investment trust’s stock valued at $5,346,000 after acquiring an additional 7,090 shares during the period. EP Wealth Advisors LLC increased its position in shares of Public Storage by 20.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,747 shares of the real estate investment trust’s stock valued at $790,000 after purchasing an additional 466 shares during the period. Truist Financial Corp raised its stake in shares of Public Storage by 4.6% in the 2nd quarter. Truist Financial Corp now owns 30,772 shares of the real estate investment trust’s stock worth $8,851,000 after buying an additional 1,361 shares in the last quarter. Advisory Alpha LLC lifted its holdings in shares of Public Storage by 29.1% in the second quarter. Advisory Alpha LLC now owns 1,291 shares of the real estate investment trust’s stock valued at $372,000 after buying an additional 291 shares during the period. Finally, SPC Financial Inc. boosted its stake in Public Storage by 14.0% during the second quarter. SPC Financial Inc. now owns 1,222 shares of the real estate investment trust’s stock valued at $352,000 after buying an additional 150 shares in the last quarter. Institutional investors 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.