Public Storage (PSA) to Release Earnings on Wednesday

Public Storage (NYSE:PSA) is projected to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $2.54 per share and revenue of $1.2340 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Public Storage (NYSE:PSA) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. Public Storage had a net margin of 39.16% and a return on equity of 37.78%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm earned $4.12 earnings per share. Public Storage’s revenue was down .1% on a year-over-year basis. On average, analysts expect Public Storage to post $17 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Public Storage Price Performance

PSA stock opened at $324.19 on Tuesday. Public Storage has a 52 week low of $256.54 and a 52 week high of $331.79. The firm has a market capitalization of $56.91 billion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 4.34 and a beta of 0.96. The company has a fifty day simple moving average of $315.91 and a two-hundred day simple moving average of $300.52. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 2.02.

Public Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, June 15th. Public Storage’s dividend payout ratio is currently 123.84%.

Analyst Ratings Changes

PSA has been the subject of a number of analyst reports. Raymond James Financial assumed coverage on shares of Public Storage in a report on Thursday, July 16th. They issued a “market perform” rating for the company. Citigroup boosted their price objective on Public Storage from $325.00 to $363.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Scotiabank upped their price objective on Public Storage from $342.00 to $345.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. The Goldman Sachs Group restated a “buy” rating and set a $341.00 price objective on shares of Public Storage in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lifted their target price on Public Storage from $291.00 to $338.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Seven investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, Public Storage has an average rating of “Hold” and an average price target of $325.37.

Insider Buying and Selling

In other Public Storage news, insider Nathaniel A. Vitan sold 950 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $324.81, for a total value of $308,569.50. Following the transaction, the insider owned 1,414 shares of the company’s stock, valued at $459,281.34. This represents a 40.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 11.10% of the stock is owned by company insiders.

Institutional Trading of Public Storage

Institutional investors and hedge funds have recently made changes to their positions in the business. Sivia Capital Partners LLC purchased a new position in Public Storage in the 2nd quarter worth about $929,000. Strive Financial Group LLC purchased a new stake in Public Storage in the 4th quarter valued at about $201,000. Bridgewater Associates LP purchased a new stake in Public Storage in the 4th quarter valued at about $201,000. Ausdal Financial Partners Inc. bought a new position in Public Storage in the 3rd quarter worth about $201,000. Finally, Quarry LP bought a new position in Public Storage in the 4th quarter worth about $138,000. 78.79% of the stock is currently owned by institutional investors.

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.