Public Storage (NYSE:PSA) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Public Storage (NYSE:PSA) have earned an average rating of “Hold” from the twenty-one research firms that are presently covering the company, MarketBeat reports. Fourteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $323.68.

Several equities analysts have recently commented on the company. Mizuho upped their target price on Public Storage from $316.00 to $319.00 and gave the company a “neutral” rating in a report on Wednesday, September 2nd. Barclays increased their price target on Public Storage from $350.00 to $351.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. cut their price target on Public Storage from $338.00 to $330.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Weiss Ratings lowered Public Storage from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, UBS Group restated a “neutral” rating on shares of Public Storage in a research note on Tuesday.

More Public Storage News

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

• Positive Sentiment: Raised FFO outlook and improving operations: Public Storage increased its 2026 core FFO guidance to approximately $16.90–$17.10 per share, with the midpoint around $17. Third-quarter FFO exceeded expectations, same-store net operating income returned to growth, and average move-in rents increased 9% year over year. Acquisitions and ancillary operations also supported results. Public Storage Q3 FFO Rises, Same-Store NOI Grows, 2026 Outlook Raised
• Positive Sentiment: Revenue growth continued: Third-quarter revenue rose to about $1.37 billion, exceeding analyst expectations of $1.34 billion and increasing modestly from the prior year. Public Storage Q3 Net Income Declines, Revenue Rises
• Positive Sentiment: One analyst raised its valuation target: RBC lifted its price target to $323 from $318 while maintaining a Sector Perform rating, indicating moderate potential upside based on the reported price. RBC Raises Price Target on Public Storage
• Neutral Sentiment: Analyst opinions remain mixed: Evercore ISI raised its target to $308 from $303, but that target is below the reported trading level, while RBC’s target is above it. The split view limits the broader bullish signal. Evercore ISI Adjusts Price Target on Public Storage
• Negative Sentiment: Net income declined and integration risks remain: Third-quarter net income fell sharply year over year, while management continues integrating the National Storage Affiliates and Public Storage Canada acquisitions. Delayed synergies and execution challenges could weigh on near-term financial performance. Integration Risks from NSA and Public Storage Acquisitions

Public Storage Trading Down 0.6%

NYSE PSA opened at $310.57 on Thursday. Public Storage has a one year low of $256.54 and a one year high of $335.55. The company has a 50-day simple moving average of $298.98 and a 200-day simple moving average of $302.37. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $54.54 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 4.63 and a beta of 0.94.

Public Storage (NYSE:PSA) last announced its quarterly earnings data on Monday, October 26th. The real estate investment trust reported $1.69 earnings per share for the quarter, missing analysts’ consensus estimates of $2.49 by ($0.80). Public Storage had a net margin of 41.80% and a return on equity of 40.98%. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the prior year, the company earned $4.31 EPS. Public Storage’s quarterly revenue was up .5% on a year-over-year basis. On average, equities analysts forecast that Public Storage will post 16.93 earnings per share for the current year.

Public Storage Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th were paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Tuesday, September 15th. Public Storage’s dividend payout ratio (DPR) is presently 125.65%.

Insider Activity

In other news, insider Nathaniel A. Vitan sold 1,414 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $327.53, for a total transaction of $463,127.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 11.10% of the company’s stock.

Institutional Trading of Public Storage

A number of large investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Public Storage during the 2nd quarter worth about $5,495,077,000. Dimensional Fund Advisors LP raised its position in shares of Public Storage by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,280,540 shares of the real estate investment trust’s stock valued at $617,720,000 after buying an additional 67,787 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Public Storage in the second quarter valued at about $601,650,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Public Storage in the second quarter valued at about $558,904,000. Finally, Deutsche Bank AG bought a new stake in shares of Public Storage in the second quarter valued at about $400,776,000. Institutional investors and hedge funds own 78.79% of the company’s stock.

About Public Storage

Public Storage (NYSE: PSA) is a real estate investment trust focused on the ownership, operation and development of self-storage facilities. The company rents storage units to residential and business customers, offering solutions for household belongings, commercial inventory, records, vehicles and other personal property. Many locations provide features such as climate-controlled units, electronic access, online reservations and moving and packing supplies.

Founded in 1972, Public Storage has grown into one of the largest self-storage operators in the United States.