Public Storage (PSA) Stock Forecast, Price Target & Predictions
PSA Stock Forecast
Public Storage stock forecast is as follows: an average price target of $333.09 (represents a -7.26% downside from PSA’s last price of $359.16) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
PSA Price Target
PSA Analyst Ratings
Public Storage Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 29, 2024 | Eric Wolfe | Wolfe Research | $378.00 | $341.72 | 10.62% | 5.25% |
Aug 28, 2024 | Steve Sakwa | Evercore ISI | $334.00 | $342.59 | -2.51% | -7.01% |
Aug 22, 2024 | Nicholas Yulico | Scotiabank | $339.00 | $329.29 | 2.95% | -5.61% |
Aug 05, 2024 | Jeffrey Spector | Bank of America Securities | $318.00 | $311.90 | 1.96% | -11.46% |
Aug 01, 2024 | Ki Bin Kim | Truist Financial | $306.00 | $295.92 | 3.41% | -14.80% |
Jul 19, 2024 | Nicholas Yulico | Scotiabank | $314.00 | $301.65 | 4.09% | -12.57% |
May 20, 2024 | Brendan Lynch | Barclays | $327.00 | $288.67 | 13.28% | -8.95% |
May 16, 2024 | Nicholas Yulico | Scotiabank | $289.00 | $288.10 | 0.31% | -19.53% |
Apr 05, 2024 | Eric Luebchow | Wells Fargo | $310.00 | $280.64 | 10.46% | -13.69% |
Mar 28, 2024 | Jonathan Hughes | Raymond James | $330.00 | $288.10 | 14.54% | -8.12% |
Public Storage Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 3 | 6 | 11 |
Avg Price Target | $350.33 | $331.50 | $325.00 |
Last Closing Price | $359.16 | $359.16 | $359.16 |
Upside/Downside | -2.46% | -7.70% | -9.51% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 09, 2024 | RBC Capital | - | Sector Perform | Initialise |
Aug 29, 2024 | Citigroup | Buy | Buy | Hold |
Aug 22, 2024 | Scotiabank | Underperform | Underperform | Hold |
Aug 22, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 19, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
May 20, 2024 | Barclays | Overweight | Overweight | Hold |
May 16, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Apr 05, 2024 | Wells Fargo | - | Overweight | Upgrade |
Mar 28, 2024 | Raymond James | Outperform | Strong Buy | Upgrade |
Aug 16, 2022 | Raymond James | - | Outperform | Downgrade |
Public Storage Financial Forecast
Public Storage Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $1.14B | $1.12B | $1.09B | $1.09B | $1.09B | - | $973.45M | $924.32M | $894.93M | $829.32M | $767.26M | $759.04M | $730.66M | $709.28M | $716.08M | $717.50M | $729.34M |
Avg Forecast | $1.34B | $1.35B | $1.31B | $1.28B | $1.21B | $1.21B | $1.19B | $1.16B | $1.17B | $1.17B | $1.16B | $1.14B | $1.14B | $1.14B | $1.11B | $1.09B | $1.08B | $1.06B | $996.83M | $981.31M | $922.22M | $862.38M | $803.98M | $760.15M | $737.75M | $726.21M | $712.00M | $718.45M | $724.07M | $736.97M |
High Forecast | $1.37B | $1.38B | $1.34B | $1.31B | $1.23B | $1.23B | $1.22B | $1.19B | $1.19B | $1.19B | $1.18B | $1.16B | $1.16B | $1.18B | $1.13B | $1.11B | $1.10B | $1.09B | $996.83M | $1.00B | $940.08M | $879.08M | $819.55M | $774.87M | $752.03M | $740.27M | $725.79M | $732.36M | $738.09M | $751.24M |
Low Forecast | $1.33B | $1.34B | $1.30B | $1.27B | $1.19B | $1.19B | $1.18B | $1.15B | $1.16B | $1.16B | $1.15B | $1.13B | $1.12B | $1.05B | $1.10B | $1.08B | $1.07B | $1.05B | $996.83M | $956.76M | $899.16M | $840.81M | $783.87M | $741.14M | $719.30M | $708.04M | $694.19M | $700.48M | $705.96M | $718.54M |
# Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 1.01% | 1.00% | 1.01% | 1.02% | - | 0.99% | 1.00% | 1.04% | 1.03% | 1.01% | 1.03% | 1.01% | 1.00% | 1.00% | 0.99% | 0.99% |
Public Storage EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $795.66M | $1.06B | $1.03B | $805.03M | $816.57M | $802.16M | - | $736.17M | $854.79M | $702.38M | $605.15M | $595.14M | $506.91M | $477.48M | $466.69M | $515.68M | $533.54M | $539.77M |
Avg Forecast | $999.37M | $1.00B | $976.41M | $953.16M | $897.34M | $897.44M | $886.66M | $865.11M | $867.70M | $870.39M | $862.59M | $575.97M | $846.95M | $845.81M | $825.48M | $523.61M | $804.48M | $727.17M | $741.53M | $476.01M | $506.97M | $661.06M | $559.71M | $447.20M | $577.46M | $556.59M | $527.18M | $491.55M | $570.70M | $534.12M |
High Forecast | $1.02B | $1.02B | $995.79M | $972.07M | $915.15M | $915.25M | $904.26M | $882.28M | $884.92M | $885.14M | $879.71M | $691.16M | $861.81M | $880.02M | $841.86M | $628.33M | $820.44M | $872.60M | $741.53M | $571.21M | $608.36M | $793.28M | $671.65M | $536.64M | $692.95M | $667.91M | $632.62M | $589.86M | $684.84M | $640.95M |
Low Forecast | $989.69M | $993.79M | $966.94M | $943.92M | $888.65M | $888.74M | $878.06M | $856.72M | $859.29M | $863.01M | $854.23M | $460.77M | $832.09M | $781.61M | $817.48M | $418.88M | $796.68M | $581.74M | $741.53M | $380.80M | $405.57M | $528.85M | $447.77M | $357.76M | $461.97M | $445.27M | $421.75M | $393.24M | $456.56M | $427.30M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.25% | 1.24% | 1.54% | 1.02% | 1.10% | - | 1.55% | 1.69% | 1.06% | 1.08% | 1.33% | 0.88% | 0.86% | 0.89% | 1.05% | 0.93% | 1.01% |
Public Storage Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $441.90M | $616.64M | $581.16M | $302.53M | $412.36M | $5.00B | - | $513.94M | $592.23M | $490.09M | $410.43M | $433.04M | $351.27M | $324.87M | $314.92M | $366.16M | $386.01M | $397.94M |
Avg Forecast | $501.20M | $522.90M | $498.58M | $442.15M | $481.07M | $491.98M | $474.73M | $436.31M | $448.70M | $458.60M | $453.08M | $541.24M | $480.40M | $494.80M | $511.70M | $492.04M | $466.99M | $507.39M | $448.56M | $447.31M | $367.54M | $461.26M | $379.61M | $325.39M | $400.15M | $378.69M | $355.75M | $349.03M | $412.90M | $393.78M |
High Forecast | $514.13M | $536.39M | $511.44M | $453.56M | $493.49M | $504.67M | $486.98M | $447.57M | $460.28M | $463.99M | $464.77M | $649.49M | $489.66M | $515.86M | $524.90M | $590.45M | $479.04M | $608.87M | $448.56M | $536.77M | $441.05M | $553.51M | $455.53M | $390.47M | $480.19M | $454.43M | $426.90M | $418.83M | $495.48M | $472.53M |
Low Forecast | $494.88M | $516.31M | $492.30M | $436.58M | $475.01M | $485.78M | $468.75M | $430.81M | $443.05M | $454.30M | $447.37M | $432.99M | $472.30M | $471.99M | $505.25M | $393.63M | $461.11M | $405.91M | $448.56M | $357.85M | $294.03M | $369.01M | $303.69M | $260.31M | $320.12M | $302.95M | $284.60M | $279.22M | $330.32M | $315.02M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.25% | 1.14% | 0.61% | 0.88% | 9.85% | - | 1.15% | 1.61% | 1.06% | 1.08% | 1.33% | 0.88% | 0.86% | 0.89% | 1.05% | 0.93% | 1.01% |
Public Storage SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $23.17M | $28.63M | $25.43M | $25.54M | $33.34M | $21.38M | - | $17.50M | $15.62M | $25.39M | $24.04M | $16.28M | $15.59M | $17.96M | $14.72M | $16.91M | $17.47M | $14.33M |
Avg Forecast | $34.59M | $34.74M | $33.80M | $32.99M | $31.06M | $31.07M | $30.69M | $29.95M | $30.04M | $30.13M | $29.86M | $24.18M | $29.32M | $29.28M | $28.57M | $21.99M | $27.85M | $26.29M | $25.67M | $19.99M | $9.26M | $23.90M | $22.23M | $12.23M | $17.76M | $20.93M | $16.63M | $16.12M | $18.68M | $14.18M |
High Forecast | $35.28M | $35.43M | $34.47M | $33.65M | $31.68M | $31.68M | $31.30M | $30.54M | $30.63M | $30.64M | $30.45M | $29.02M | $29.83M | $30.46M | $29.14M | $26.38M | $28.40M | $31.55M | $25.67M | $23.98M | $11.11M | $28.68M | $26.68M | $14.68M | $21.31M | $25.12M | $19.96M | $19.34M | $22.42M | $17.01M |
Low Forecast | $34.26M | $34.40M | $33.47M | $32.68M | $30.76M | $30.77M | $30.40M | $29.66M | $29.75M | $29.87M | $29.57M | $19.35M | $28.80M | $27.06M | $28.30M | $17.59M | $27.58M | $21.03M | $25.67M | $15.99M | $7.41M | $19.12M | $17.79M | $9.78M | $14.21M | $16.75M | $13.31M | $12.89M | $14.95M | $11.34M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.98% | 0.89% | 1.16% | 1.20% | 0.81% | - | 0.88% | 1.69% | 1.06% | 1.08% | 1.33% | 0.88% | 0.86% | 0.89% | 1.05% | 0.93% | 1.01% |
Public Storage EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.51 | $3.51 | $3.31 | $1.72 | $2.07 | $28.52 | - | $2.65 | $3.38 | $2.53 | $1.98 | $2.21 | $1.67 | $1.41 | $1.41 | $1.80 | $1.88 | $1.94 |
Avg Forecast | $2.85 | $2.97 | $2.83 | $2.51 | $2.73 | $2.80 | $2.70 | $2.48 | $2.55 | $2.61 | $2.57 | $2.49 | $2.73 | $2.81 | $2.91 | $2.69 | $2.65 | $2.77 | $2.54 | $2.32 | $2.18 | $2.14 | $1.94 | $1.77 | $1.94 | $1.72 | $1.64 | $1.70 | $2.01 | $1.91 |
High Forecast | $2.92 | $3.05 | $2.91 | $2.58 | $2.80 | $2.87 | $2.77 | $2.54 | $2.62 | $2.64 | $2.64 | $2.55 | $2.78 | $2.93 | $2.98 | $2.76 | $2.72 | $2.84 | $2.54 | $2.38 | $2.23 | $2.20 | $1.99 | $1.81 | $1.98 | $1.76 | $1.68 | $1.74 | $2.06 | $1.95 |
Low Forecast | $2.81 | $2.93 | $2.80 | $2.48 | $2.70 | $2.76 | $2.66 | $2.45 | $2.52 | $2.58 | $2.54 | $2.46 | $2.68 | $2.68 | $2.87 | $2.66 | $2.62 | $2.73 | $2.54 | $2.24 | $2.11 | $2.07 | $1.87 | $1.71 | $1.87 | $1.66 | $1.59 | $1.64 | $1.94 | $1.84 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.25% | 1.14% | 0.64% | 0.78% | 10.31% | - | 1.14% | 1.55% | 1.18% | 1.02% | 1.25% | 0.86% | 0.82% | 0.86% | 1.06% | 0.94% | 1.02% |
Public Storage Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PLD | Prologis | $129.98 | $145.67 | 12.07% | Buy |
COLD | Americold Realty Trust | $29.02 | $32.25 | 11.13% | Buy |
REXR | Rexford Industrial Realty | $50.59 | $54.00 | 6.74% | Buy |
IIPR | Innovative Industrial Properties | $129.16 | $136.67 | 5.81% | Hold |
NSA | National Storage Affiliates Trust | $47.66 | $49.00 | 2.81% | Hold |
EGP | EastGroup Properties | $187.50 | $189.60 | 1.12% | Buy |
STAG | STAG Industrial | $40.04 | $39.69 | -0.87% | Buy |
LSI | Life Storage | $133.10 | $131.14 | -1.47% | Buy |
EXR | Extra Space Storage | $177.90 | $169.56 | -4.69% | Buy |
PSA | Public Storage | $359.16 | $333.09 | -7.26% | Buy |
CUBE | CubeSmart | $54.00 | $48.88 | -9.48% | Buy |
PSA Forecast FAQ
Is Public Storage a good buy?
Yes, according to 6 Wall Street analysts, Public Storage (PSA) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 83.33% of PSA's total ratings.
What is PSA's price target?
Public Storage (PSA) average price target is $333.09 with a range of $306 to $378, implying a -7.26% from its last price of $359.16. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Public Storage stock go up soon?
According to Wall Street analysts' prediction for PSA stock, the company can go down by -7.26% (from the last price of $359.16 to the average price target of $333.09), up by 5.25% based on the highest stock price target, and down by -14.80% based on the lowest stock price target.
Can Public Storage stock reach $500?
PSA's average twelve months analyst stock price target of $333.09 does not support the claim that Public Storage can reach $500 in the near future.
What is Public Storage's current price target trend?
3 Wall Street analysts forecast a $350.33 price target for Public Storage (PSA) this month, down -2.46% from its last price of $359.16. Compared to the last 3 and 12 months, the average price target decreased by -7.70% and decreased by -9.51%, respectively.
What are Public Storage's analysts' financial forecasts?
Public Storage's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.77B (high $4.86B, low $4.72B), average EBITDA is $3.55B (high $3.62B, low $3.51B), average net income is $1.88B (high $1.93B, low $1.86B), average SG&A $122.77M (high $125.21M, low $121.58M), and average EPS is $10.7 (high $10.98, low $10.57). PSA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.29B (high $5.39B, low $5.24B), average EBITDA is $3.93B (high $4.01B, low $3.89B), average net income is $1.96B (high $2.02B, low $1.94B), average SG&A $136.13M (high $138.83M, low $134.81M), and average EPS is $11.16 (high $11.45, low $11.02).
Did the PSA's actual financial results beat the analysts' financial forecasts?
Based on Public Storage's last annual report (Dec 2023), the company's revenue was $4.52B, beating the average analysts forecast of $4.47B by 0.97%. Apple's EBITDA was $3.32B, beating the average prediction of $3.04B by 9.16%. The company's net income was $2.16B, beating the average estimation of $1.98B by 9.16%. Apple's SG&A was $80.63M, missing the average forecast of $109.16M by -26.13%. Lastly, the company's EPS was $12.26, beating the average prediction of $11.14 by 10.03%. In terms of the last quarterly report (Dec 2023), Public Storage's revenue was $1.16B, beating the average analysts' forecast of $1.14B by 1.87%. The company's EBITDA was $795.66M, missing the average prediction of $846.95M by -6.06%. Public Storage's net income was $441.9M, missing the average estimation of $480.4M by -8.01%. The company's SG&A was $23.17M, missing the average forecast of $29.32M by -20.96%. Lastly, the company's EPS was $2.51, missing the average prediction of $2.73 by -8.04%