Public Storage (NYSE:PSA) Releases FY 2026 Earnings Guidance

27 Apr 2026, 17:02 by Renee Jackson · The Cerbat Gem

Public Storage (NYSE:PSA – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 16.350-17.000 for the period, compared to the consensus EPS estimate of 16.950. The company issued revenue guidance of -.

Public Storage Trading Down 1.2%

PSA traded down $3.67 during trading on Monday, hitting $304.62. The company’s stock had a trading volume of 1,539,013 shares, compared to its average volume of 1,206,977. The firm has a market capitalization of $53.46 billion, a P/E ratio of 33.77, a PEG ratio of 4.09 and a beta of 1.02. Public Storage has a twelve month low of $256.54 and a twelve month high of $313.51. The stock’s fifty day moving average price is $293.62 and its 200-day moving average price is $284.33. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.05.

Public Storage (NYSE:PSA – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $2.71 EPS for the quarter, beating the consensus estimate of $2.42 by $0.29. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.22 billion. Public Storage had a return on equity of 34.82% and a net margin of 36.99%.Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. Analysts anticipate that Public Storage will post 16.95 EPS for the current year.

Public Storage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a dividend of $3.00 per share. The ex-dividend date was Monday, March 16th. This represents a $12.00 annualized dividend and a yield of 3.9%. Public Storage’s dividend payout ratio is 133.04%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PSA shares. Weiss Ratings restated a “hold (c)” rating on shares of Public Storage in a research note on Tuesday, April 21st. William Blair set a $305.00 price objective on Public Storage in a research note on Monday, March 16th. Barclays upped their price objective on Public Storage from $347.00 to $352.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft downgraded Public Storage from a “buy” rating to a “hold” rating and set a $285.00 price objective for the company. in a research note on Tuesday, January 20th. Finally, JPMorgan Chase & Co. reduced their price objective on Public Storage from $295.00 to $291.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $308.50.

Get Our Latest Stock Report on PSA

Institutional Trading of Public Storage

A number of institutional investors have recently added to or reduced their stakes in the stock. Raiffeisen Bank International AG increased its position in Public Storage by 35.2% during the fourth quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 37 shares during the last quarter. Hilltop Holdings Inc. increased its position in Public Storage by 4.7% during the third quarter. Hilltop Holdings Inc. now owns 906 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 41 shares during the last quarter. IHT Wealth Management LLC increased its position in Public Storage by 4.9% during the fourth quarter. IHT Wealth Management LLC now owns 946 shares of the real estate investment trust’s stock valued at $245,000 after acquiring an additional 44 shares during the last quarter. L2 Asset Management LLC increased its position in Public Storage by 7.0% during the fourth quarter. L2 Asset Management LLC now owns 794 shares of the real estate investment trust’s stock valued at $206,000 after acquiring an additional 52 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its position in Public Storage by 5.0% during the second quarter. Evergreen Capital Management LLC now owns 1,262 shares of the real estate investment trust’s stock valued at $370,000 after acquiring an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 78.79% of the company’s stock.

About Public Storage

(Get Free Report)

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.