Public Storage (PSA)
NYSE: PSA · Real-Time Price · USD
323.66
-5.40 (-1.64%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Public Storage Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Public Storage stock have an average target of 341.43, with a low estimate of 250 and a high estimate of 422. The average target predicts an increase of 5.49% from the current stock price of 323.66.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 13 | 12 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $374 → $381 | Buy | Maintains | $374 → $381 | +17.72% | Oct 28, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $320 → $375 | Buy | Maintains | $320 → $375 | +15.86% | Oct 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $343 → $338 | Hold | Maintains | $343 → $338 | +4.43% | Oct 14, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $293 → $315 | Hold | Maintains | $293 → $315 | -2.68% | Oct 2, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $360 → $422 | Strong Buy | Maintains | $360 → $422 | +30.38% | Sep 18, 2024 |
Financial Forecast
Revenue This Year
4.69B
Revenue Next Year
4.87B
from 4.69B
Increased by 3.80%
EPS This Year
10.65
from 11.06
Decreased by -3.71%
EPS Next Year
10.80
from 10.65
Increased by 1.38%
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 | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.5% | 17.0% | ||
| Avg | - | 3.8% | 7.6% | ||
| Low | - | -7.6% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.50 | 11.76 | 13.30 | ||
| Avg | 10.65 | 10.80 | 11.87 | ||
| Low | 10.20 | 10.17 | 10.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0% | 10.4% | 23.2% | ||
| Avg | -3.7% | 1.4% | 9.9% | ||
| Low | -7.8% | -4.5% | 1.3% |
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.