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

Public Storage (NYSE:PSA) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 16.350-17.000 for the period, compared to the consensus EPS estimate of 12.850. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PSA. Truist Financial increased their price objective on shares of Public Storage from $315.00 to $317.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Mizuho dropped their price target on Public Storage from $310.00 to $285.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. BMO Capital Markets decreased their target price on Public Storage from $320.00 to $305.00 and set a “market perform” rating on the stock in a research report on Monday, December 22nd. Wells Fargo & Company cut shares of Public Storage from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $330.00 to $295.00 in a research note on Thursday, February 5th. Finally, Morgan Stanley initiated coverage on Public Storage in a research report on Friday, December 5th. They issued an “equal weight” rating and a $290.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, Public Storage has a consensus rating of “Hold” and a consensus target price of $306.63.

Public Storage Stock Down 0.4%

Shares of PSA stock traded down $1.26 during trading hours on Friday, reaching $291.11. 474,995 shares of the company’s stock were exchanged, compared to its average volume of 1,168,109. The stock’s fifty day moving average price is $274.71 and its two-hundred day moving average price is $281.98. The stock has a market cap of $51.08 billion, a PE ratio of 30.23, a PEG ratio of 9.95 and a beta of 1.01. Public Storage has a 1 year low of $256.54 and a 1 year high of $322.49. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.99.

Key Public Storage News

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

• Positive Sentiment: Q4 operational beat: Core FFO/GAAP metrics topped estimates and revenue grew sharply year‑over‑year, signaling resilient demand and execution. Business Wire Q4 Results
• Positive Sentiment: Huge FY‑2026 guidance beat: management raised EPS guidance to a range (~16.35–17.00) well above Street consensus, which should lift forward earnings expectations and valuation models if sustained. Business Wire Guidance
• Positive Sentiment: PS4.0 strategic plan and leadership transition aim to accelerate growth and value creation — a multi-year framework that, if executed, supports a higher multiple. PS4.0 Announcement
• Neutral Sentiment: Analyst write‑ups and metric deep dives provide context on the beat and underlying trends (occupancy, pricing, same-store revenue drivers). Useful for modeling, but not new market-moving facts. Zacks Metrics Review
• Negative Sentiment: Despite strong results, the stock is down today — likely reflecting profit‑taking after recent gains, skepticism about sustaining outsized guidance, or rotation out of REITs. Earnings Snapshot
• Negative Sentiment: Balance-sheet and valuation considerations: PSA carries meaningful leverage (debt/equity ~1.99) and trades at a premium multiple (P/E ~30), which can amplify sensitivity to rate moves or any execution miss. Zacks Beat Article
• Negative Sentiment: Leadership transition introduces short‑term uncertainty even as management frames it positively; some investors may wait for execution proof points. TipRanks on PS4.0 & Transition

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd acquired a new position in shares of Public Storage in the 3rd quarter worth approximately $27,000. Wealth Watch Advisors INC purchased a new stake in Public Storage during the 3rd quarter worth about $34,000. Raiffeisen Bank International AG increased its stake in Public Storage by 35.2% in the fourth quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 37 shares during the last quarter. Palisade Asset Management LLC acquired a new position in Public Storage in the third quarter valued at $45,000. Finally, Advocate Investing Services LLC purchased a new position in Public Storage during the 4th quarter worth approximately $59,000. Hedge funds and other institutional investors own 78.79% of the company’s stock.

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.