Analysts See $2.60 EPS for Public Storage (PSA) as of July, 25

June 26, 2018 - By Maria Fierro

Public Storage (NYSE:PSA) Corporate Logo

Public Storage (NYSE:PSA)’s earnings report is expected on July, 25., according to Faxor. Analysts expect change of 12.55 % or $0.29 from previous year’s $2.31 EPS compared to current’s $2.60 EPS. PSA’s profit could reach $453.60 million if the current EPS of $2.60 is accurate. After $2.48 EPS was published previous quarter, analysts now see EPS growth of 4.84 % for Public Storage. The stock decreased 0.14% or $0.31 during the last trading session, hitting $225.65.Public Storage has 1.14M shares volume, 39.23% up from normal. PSA is downtrending and has moved 3.96% since June 26, 2017. PSA underperformed the S&P 500 by 16.53%.

Public Storage (NYSE:PSA) Ratings Coverage

In total 10 analysts cover Public Storage (NYSE:PSA). “Buy” rating has 0, “Sell” are 4, while 6 are “Hold”. 0 are bullish. 11 are the (NYSE:PSA)’s analyst reports since January 9, 2018 according to StockzIntelligence Inc. On Tuesday, February 27 the stock has “Neutral” rating by Bank of America. On Monday, March 5 the firm has “Hold” rating by Jefferies given. In Thursday, March 15 report KeyBanc Capital Markets maintained it with “Underweight” rating and $179 target. The stock rating was maintained by Morgan Stanley with “Underweight” on Thursday, June 14. In Thursday, March 1 report Citigroup maintained the stock with “Neutral” rating. On Thursday, March 15 the stock of Public Storage (NYSE:PSA) earned “Hold” rating by Wells Fargo. On Wednesday, February 21 the stock of Public Storage (NYSE:PSA) earned “Hold” rating by FBR Capital. On Wednesday, April 25 the stock of Public Storage (NYSE:PSA) earned “Hold” rating by Jefferies. On Tuesday, January 9 the rating was maintained by BMO Capital Markets with “Sell”. On Monday, March 5 the rating was upgraded by Evercore to “In-Line”.

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities.The firm is worth $39.37 billion. The Company's headquarters are located in Glendale, California.33.38 is the P/E ratio. At September 30, 2017, we had interests in 2,374 self-storage facilities located in 38 states with approximately 157 million net rentable square feet in the United States and 220 storage facilities located in seven Western European nations with approximately 12 million net rentable square feet operated under the ??Shurgard?? brand.

More recent Public Storage (NYSE:PSA) news were brought out by Globenewswire.com, Seekingalpha.com and Fool.com. The first one has “Recent Analysis Shows Public Storage, Arconic, Apartment Investment and Management, Kinder Morgan, Norfolk …” as a title and was brought out on June 25, 2018. The next is “What To Do With The Public Storage’s Preferred Stocks” on June 14, 2018. And last was brought out on June 21, 2018, called “The 10 Largest REIT Stocks — Which Are the Best Buys Now?”.

Public Storage (NYSE:PSA) Institutional Investors Chart

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