Public Storage (PSA)
NYSE: PSA · Real-Time Price · USD
337.38
+4.52 (1.36%)
Nov 21, 2024, 3:00 PM EST - Market open
Public Storage Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Public Storage stock have an average target of 339.64, with a low estimate of 250 and a high estimate of 422. The average target predicts an increase of 0.67% from the current stock price of 337.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Public Storage stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 5 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 12 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $381 → $380 | Buy | Maintains | $381 → $380 | +12.63% | Nov 12, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $358 → $344 | Hold | Maintains | $358 → $344 | +1.96% | Nov 8, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $375 → $365 | Buy | Maintains | $375 → $365 | +8.19% | Nov 5, 2024 |
| Barclays | Barclays | Buy Maintains $374 → $381 | Buy | Maintains | $374 → $381 | +12.93% | Oct 28, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $320 → $375 | Buy | Maintains | $320 → $375 | +11.15% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
4.69B
Revenue Next Year
4.86B
from 4.69B
Increased by 3.52%
EPS This Year
10.55
from 11.06
Decreased by -4.62%
EPS Next Year
10.73
from 10.55
Increased by 1.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.0B | 5.3B | 5.7B | ||
| Avg | 4.7B | 4.9B | 5.2B | ||
| Low | 4.3B | 4.3B | 4.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.4% | 17.2% | ||
| Avg | - | 3.5% | 6.1% | ||
| Low | - | -7.7% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.50 | 11.76 | 12.41 | ||
| Avg | 10.55 | 10.73 | 11.36 | ||
| Low | 9.84 | 10.06 | 10.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0% | 11.5% | 15.7% | ||
| Avg | -4.6% | 1.7% | 5.9% | ||
| Low | -11.0% | -4.6% | -6.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.