Public Storage (PSA) Projected to Post Quarterly Earnings on Monday

Key Points

• Public Storage is expected to report Q3 2026 results after Monday’s market close, with analysts forecasting earnings of $2.50 per share on $1.35 billion in revenue. The earnings call is scheduled for Tuesday, October 27, at noon ET.
• The REIT’s most recent quarter exceeded earnings expectations, posting $4.17 EPS versus the $2.53 consensus, while revenue was $1.23 billion, essentially flat year over year. Analysts project $16.93 EPS for fiscal 2026.
• Public Storage pays a quarterly dividend of $3.00 per share, equivalent to a 4.0% annual yield, but its payout ratio is elevated at 114.5%. Analysts maintain a consensus “Hold” rating with an average price target of $323.42, compared with the stock’s recent price of $298.26.

Public Storage (NYSE:PSA - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect Public Storage to announce earnings of $2.50 per share and revenue of $1.35 billion for the quarter. Public Storage has set its FY 2026 guidance at 16.750-17.050 EPS. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 27, 2026 at 12:00 PM ET.

Public Storage (NYSE:PSA - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $4.17 earnings per share for the quarter, beating analysts' consensus estimates of $2.53 by $1.64. Public Storage had a return on equity of 40.98% and a net margin of 41.80%. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the business posted $4.28 EPS. The firm's quarterly revenue was down .5% on a year-over-year basis. On average, analysts expect Public Storage to post $16.93 EPS for the current fiscal year and $17.43 EPS for the next fiscal year.

Public Storage Stock Down 0.0%

NYSE:PSA opened at $298.26 on Monday. Public Storage has a 12-month low of $256.54 and a 12-month high of $335.55. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.06. The firm has a market capitalization of $52.38 billion, a P/E ratio of 28.46, a P/E/G ratio of 4.45 and a beta of 0.94. The stock's fifty day simple moving average is $301.67 and its 200-day simple moving average is $307.51.

Public Storage Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th were issued a dividend of $3.00 per share. The ex-dividend date was Tuesday, September 15th. This represents a $12.00 dividend on an annualized basis and a yield of 4.0%. Public Storage's dividend payout ratio (DPR) is 114.50%.

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 value of $463,127.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial began coverage on Public Storage in a research report on Friday, October 2nd. They set a "buy" rating and a $317.00 target price for the company. UBS Group lowered their price target on Public Storage from $326.00 to $294.00 and set a "neutral" rating for the company in a research note on Friday. Barclays increased their price target on shares of Public Storage from $350.00 to $351.00 and gave the company an "equal weight" rating in a research report on Thursday, September 10th. Raymond James Financial assumed coverage on shares of Public Storage in a research report on Thursday, July 16th. They issued a "market perform" rating on the stock. Finally, Scotiabank reduced their price objective on shares of Public Storage from $346.00 to $343.00 and set a "sector outperform" rating on the stock in a research note on Wednesday, September 2nd. Seven analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $323.42.

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.

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