Several brokerages have updated their recommendations and price targets on shares of Public Storage (NYSE: PSA) in the last few weeks:
- 9/10/2026 – Public Storage had its price target raised by Barclays PLC from $350.00 to $351.00. They now have an “equal weight” rating on the stock.
- 9/9/2026 – Public Storage had its “hold (c+)” rating reaffirmed by Weiss Ratings.
- 9/2/2026 – Public Storage had its price target lowered by Scotiabank from $346.00 to $343.00. They now have a “sector outperform” rating on the stock.
- 9/2/2026 – Public Storage had its price target raised by Mizuho from $316.00 to $319.00. They now have a “neutral” rating on the stock.
- 9/1/2026 – Public Storage was given a new $311.00 price target by Wells Fargo & Company.
- 9/1/2026 – Public Storage was upgraded by Wells Fargo & Company to “hold”.
- 8/19/2026 – Public Storage had its price target raised by Barclays PLC from $349.00 to $350.00. They now have an “equal weight” rating on the stock.
- 8/18/2026 – Public Storage had its price target raised by Scotiabank from $345.00 to $346.00. They now have an “outperform” rating on the stock.
- 8/18/2026 – Public Storage had its price target raised by Scotiabank from $345.00 to $346.00. They now have a “sector outperform” rating on the stock.
- 7/31/2026 – Public Storage had its price target raised by Royal Bank Of Canada from $305.00 to $318.00. They now have a “sector perform” rating on the stock.
Public Storage Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th will be paid a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Public Storage’s dividend payout ratio (DPR) is currently 114.50%.
Insider Buying and Selling at Public Storage
In related news, insider Nathaniel A. Vitan sold 1,414 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $327.53, for a total transaction of $463,127.42. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 11.10% of the company’s stock.
Public Storage is a real estate investment trust that owns, operates and develops self-storage facilities in the United States. The company provides customers with storage units for household goods, business inventory, vehicles and other personal or commercial belongings.
Its facilities offer a range of unit sizes and may include features such as drive-up access, climate-controlled storage, electronic gate access and online account management. Public Storage also provides related services, including tenant insurance options and moving and packing supplies at select locations.
Founded in 1972 and headquartered in Glendale, California, Public Storage serves customers through a nationwide network of self-storage properties.
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