Public Storage
About: Public Storage is the largest owner of self-storage facilities in the US, with more than 3,300 self-storage facilities in 40 states and approximately 245 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
Employees: 5,900
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 86
28% more repeat investments, than reductions
Existing positions increased: 465 | Existing positions reduced: 362
1% more funds holding
Funds holding: 1,111 [Q4 2024] → 1,123 (+12) [Q1 2025]
4% less capital invested
Capital invested by funds: $42.8B [Q4 2024] → $41.1B (-$1.63B) [Q1 2025]
8% less call options, than puts
Call options by funds: $57.1M | Put options by funds: $62M
2.16% less ownership
Funds ownership: 80.73% [Q4 2024] → 78.57% (-2.16%) [Q1 2025]
6% less funds holding in top 10
Funds holding in top 10: 16 [Q4 2024] → 15 (-1) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$309
6%
upside
Avg. target
$333
15%
upside
High target
$380
31%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
Wells Fargo Eric Luebchow | 10%upside $320 | Overweight Maintained | 23 Jul 2025 |
BMO Capital Juan Sanabria | 12%upside $325 | Market Perform Downgraded | 20 Jun 2025 |
Mizuho Ravi Vaidya | 6%upside $309 | Neutral Maintained | 28 May 2025 |
Barclays Brendan Lynch | 21%upside $351 | Overweight Maintained | 16 May 2025 |
B of A Securities Jeffrey Spector | 31%upside $380 | Buy Maintained | 13 May 2025 |
Financial journalist opinion
Based on 10 articles about PSA published over the past 30 days
Neutral
Zacks Investment Research
5 days ago
Public Storage (PSA) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Evaluate the expected performance of Public Storage (PSA) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Neutral
Zacks Investment Research
5 days ago
PSA Set to Report Q2 Earnings: What to Expect From the Stock?
PSA's Q2 revenues are expected to climb 1.8%, but core FFO per share is likely to have remained flat amid soft industry demand.
Positive
Seeking Alpha
1 week ago
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination swirled. Supported by data this week showing that core inflation cooled to its slowest pace in over three years, the White House reignited the heat on the head of the Fed. Rebounding from modest declines last week, the S&P 500 advanced 0.6%, notching record highs in three of the past four weeks following a five-month drought.
Positive
Seeking Alpha
1 week ago
Dividend Growth Is My Antidote To Uncertainty
In an uncertain market, I stick to five core investing principles: stay the course, specialize, diversify, trust proven experts, and keep some cash. Dividend growth investing (DGI) remains my strategy, with a focus on reliable cash flow compounding and growing dividends to eventually replace labor income. I diversify beyond my real estate core by blending passive DGI ETFs and selecting active ETFs with proven outperformance.
Neutral
Zacks Investment Research
2 weeks ago
PSA, Ki Consortium Revises Bid for Abacus Storage King to A$1.65
PSA and Ki lift their bid for Abacus Storage King to A$1.65, advancing joint takeover talks with due diligence underway.
Positive
Seeking Alpha
2 weeks ago
Public Storage Vs. JPMorgan Chase Preferred Stock Spreads
PSA-J and JPM-J preferreds, issued simultaneously with similar yields, show a pricing misalignment favoring PSA-J for better credit quality and upside potential. Public Storage is less leveraged than JPMorgan, with both offering strong dividend coverage and 'Single-A' IDR, making PSA-J the safer pick. A pair trade—long PSA-J, short JPM-J—locks in a $1.70 spread with manageable shorting costs, capitalizing on mean reversion in pricing.
Neutral
Business Wire
2 weeks ago
Ki Corporation and Public Storage Update Offer to Acquire Abacus Storage King
GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation and Public Storage (NYSE:PSA) (together, the “Consortium”) announced today a revised non-binding indicative offer (NBIO) to acquire Abacus Storage King (ASX:ASK) for cash consideration of A$1.65 per stapled security. The Consortium and Abacus Storage King have agreed to proceed with due diligence based on the revised terms. “We are excited to take the next step towards this potential combination with Abacus Storage King in partnership with Ki Co.
Neutral
Seeking Alpha
2 weeks ago
7 Stocks I'm Buying As Tariffs And Deportations Prowl Behind The Rally
Tariff risks are underappreciated by the market; persistently high tariffs could weigh on economic growth, and investor complacency is unwarranted. Slowing population growth and deportations threaten U.S. economic expansion, especially in labor-dependent sectors, as immigration is key to workforce and consumption growth. Utility-scale renewables remain resilient despite policy headwinds, with cost competitiveness and strong demand from major tech firms supporting continued growth.
Neutral
Business Wire
2 weeks ago
Public Storage to Release Second Quarter 2025 Earnings Results and Host Quarterly Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its second quarter 2025 earnings results after the market close on Wednesday, July 30, 2025. A conference call is scheduled for Thursday, July 31, 2025, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: (877) 407-9039 International dial-in number: (201) 689-8470 Webcast: Event Calendar Conference call replay Domestic dial-in number: (844) 512-2921 Intern.
Positive
Seeking Alpha
3 weeks ago
When It Comes To REIT Investing, Scale Has Its Advantages
Issuing new shares is not inherently dilutive for REITs; when used for accretive growth, it can enhance scale and shareholder value. AFFO per share growth and payout ratios are critical metrics for evaluating whether REITs are deploying capital effectively and sustainably. Public Storage, Equinix, and Prologis currently offer attractive value and growth prospects, supported by strong balance sheets and well-covered dividends.
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