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Public Storage (PSA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PSA Stock Forecast

Public Storage (PSA) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $349.50, with a high of $378.00 and a low of $299.00. This represents a 15.67% increase from the last price of $302.15.

$250 $280 $310 $340 $370 $400 High: $378 Avg: $349.5 Low: $299 Last Closed Price: $302.15

PSA Stock Rating

Public Storage stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 1 Strong Buy (10.00%), 7 Buy (70.00%), 2 Hold (20.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 2 7 1 Strong Sell Sell Hold Buy Strong Buy

PSA Price Target Upside V Benchmarks

TypeNameUpside
StockPublic Storage15.67%
SectorReal Estate Stocks 14.12%
IndustryIndustrial REIT Stocks 20.68%

Price Target Trends

1M3M12M
# Anlaysts1214
Avg Price Target$299.00$334.50$330.07
Last Closing Price$302.15$302.15$302.15
Upside/Downside-1.04%10.71%9.24%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 254511--20
Jan, 2545111-21
Dec, 2445101121
Nov, 2445143127
Oct, 2445143127
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 10, 2025Omotayo OkusanyaDeutsche Bank$299.00$288.993.46%-1.04%
Dec 04, 2024John KimBMO Capital$370.00$334.2210.71%22.46%
Sep 18, 2024Caitlin BurrowsGoldman Sachs$377.00$360.724.51%24.77%
Aug 29, 2024Eric WolfeWolfe Research$378.00$341.7210.62%25.10%
Aug 28, 2024Steve SakwaEvercore ISI$334.00$342.59-2.51%10.54%
Aug 22, 2024Nicholas YulicoScotiabank$339.00$329.292.95%12.20%
Aug 05, 2024Jeffrey SpectorBank of America Securities$318.00$311.901.96%5.25%
Aug 01, 2024Ki Bin KimTruist Financial$306.00$295.923.41%1.27%
Jul 19, 2024Nicholas YulicoScotiabank$314.00$301.654.09%3.92%
May 20, 2024Brendan LynchBarclays$327.00$288.6713.28%8.22%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025Deutsche BankHoldupgrade
Dec 04, 2024BMO CapitalOutperformOutperformhold
Oct 21, 2024Wells FargoOverweightOverweighthold
Sep 18, 2024Goldman SachsBuyBuyhold
Sep 18, 2024JefferiesBuyBuyhold
Sep 16, 2024Evercore ISIPositivePositivehold
Sep 09, 2024RBC CapitalSector Performinitialise
Aug 29, 2024CitigroupBuyBuyhold
Aug 22, 2024ScotiabankUnderperformUnderperformhold
Aug 22, 2024BarclaysOverweightOverweighthold

Financial Forecast

EPS Forecast

$5 $12 $19 $26 $33 $40 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.29$9.91$37.31$12.26-----
Avg Forecast$6.60$8.74$24.17$11.56$10.07$10.48$11.06$12.12$12.85
High Forecast$6.24$8.26$23.67$11.47$10.06$10.36$10.72$12.06$12.63
Low Forecast$6.86$9.09$24.66$11.62$10.12$10.66$11.53$12.17$13.11
Surprise %-4.70%13.39%54.36%6.06%-----

Revenue Forecast

$3B $3B $4B $5B $6B $7B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.92B$3.42B$4.18B$4.52B-----
Avg Forecast$2.88B$3.42B$4.16B$4.47B$4.68B$4.83B$5.07B$5.60B$5.92B
High Forecast$2.76B$3.27B$4.10B$4.45B$4.65B$4.77B$5.06B$5.50B$5.85B
Low Forecast$2.97B$3.52B$4.23B$4.49B$4.76B$4.91B$5.09B$5.70B$6.02B
Surprise %1.08%-0.07%0.45%1.06%-----

Net Income Forecast

$1B $2B $3B $5B $6B $7B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.10B$1.73B$6.58B$2.16B-----
Avg Forecast$1.48B$1.53B$1.79B$1.95B$1.78B$1.85B$1.97B$2.13B$2.26B
High Forecast$1.19B$1.23B$1.43B$1.56B$1.77B$1.82B$1.89B$2.12B$2.22B
Low Forecast$1.78B$1.84B$2.15B$2.34B$1.78B$1.88B$2.03B$2.14B$2.31B
Surprise %-25.97%12.95%267.83%10.85%-----

PSA Forecast FAQ

Is Public Storage stock a buy?

Public Storage stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 7 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Public Storage is a favorable investment for most analysts.

What is Public Storage's price target?

Public Storage's price target, set by 10 Wall Street analysts, averages $349.5 over the next 12 months. The price target range spans from $299 at the low end to $378 at the high end, suggesting a potential 15.67% change from the previous closing price of $302.15.

How does Public Storage stock forecast compare to its benchmarks?

Public Storage's stock forecast shows a 15.67% upside, outperforming the average forecast for the real estate stocks sector (14.12%) and underperforming the industrial reit stocks industry (20.68%).

What is the breakdown of analyst ratings for Public Storage over the past three months?

  • February 2025: 20.00% Strong Buy, 25.00% Buy, 55.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 19.05% Strong Buy, 23.81% Buy, 52.38% Hold, 4.76% Sell, 0% Strong Sell.
  • December 2024: 19.05% Strong Buy, 23.81% Buy, 47.62% Hold, 4.76% Sell, 4.76% Strong Sell.

What is Public Storage’s EPS forecast?

Public Storage's average annual EPS forecast for its fiscal year ending in December is $10.07 for 2024, a -17.86% decrease from the reported $12.26 in 2023. The prediction for 2025 is $10.48, $11.06 for 2026, $12.12 for 2027, and $12.85 for 2028.

What is Public Storage’s revenue forecast?

Public Storage's average annual revenue forecast for its fiscal year ending in December is $4.68B for 2024, a 3.68% increase from the reported $4.52B in 2023. The forecast for 2025 is $4.83B, $5.07B for 2026, $5.6B for 2027, and $5.92B for 2028.

What is Public Storage’s net income forecast?

For its fiscal year ending in December, Public Storage's average annual net income forecast is $1.78B for 2024, reflecting a -17.73% decrease from the reported $2.16B in 2023. The projection for 2025 is $1.85B, $1.97B for 2026, $2.13B for 2027, and $2.26B for 2028.