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Public Storage (PSA) has an average rating of overweight and mean price target of $337.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $320.96, Change: $+3.51, Percent Change: +1.11%
Public Storage (PSA) said Wednesday that it has completed its acquisition of National Storage Affiliates Trust (NSA), with shareholders of National Storage entitled to receive 0.14 of a Public Storage share for each National Storage share.Public Storage said it continues to expect the acquisition to be accretive to funds from operations per share within year one following closing. Additionally, accretion is slated to increase to $0.35 to $0.50 per share upon realization of about $110 to $130 million in run-rate synergies over three to four years, according to the company.With the close of the acquisition, Public Storage and certain legacy limited partners in NSA's operating partnership have formed a joint venture consisting of 313 properties, previously owned by NSA, the company said.The legacy limited partners will own about 80% of the joint venture with Public Storage owning the remaining stake in the entity. Public Storage will exclusively manage the joint venture portfolio and earn income from customary property management, asset management, and tenant reinsurance, according to the company.As part of the closing, the joint venture obtained about $2 billion in secured mortgage financing from Goldman Sachs Bank USA and Wells Fargo Bank, as well as $237 million in mezzanine financing from Public Storage, the company said.Price: $310.89, Change: $+1.14, Percent Change: +0.37%
Public Storage (PSA) has an average rating of overweight and mean price target of $334, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $322.36, Change: $+3.43, Percent Change: +1.08%
Public Storage (PSA) has an average rating of overweight and mean price target of $332.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $319.61, Change: $+0.16, Percent Change: +0.05%
Public Storage (PSA) has an average rating of overweight and mean price target of $332.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Nathaniel A. Vitan, Chief Legal Officer, on June 12, 2026, sold 950 shares in Public Storage (PSA) for $308,570. Following the Form 4 filing with the SEC, Vitan has control over a total of 1,414 common shares of the company, with 1,414 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1393311/000177458626000004/xslF345X05/wk-form4_1781618922.xmlPrice: $322.39, Change: $+1.41, Percent Change: +0.44%
Public Storage (PSA) has an average rating of overweight and mean price target of $318.73, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $324.87, Change: $+1.00, Percent Change: +0.31%
Public Storage (PSA) has an average rating of overweight and mean price target of $313.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $307.73, Change: $-1.25, Percent Change: -0.40%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our target by $4 to $322 on a forward P/FFO of 19.2x our 2026 FFO estimate, a premium to self-storage peers at 16.7x and to PSA's three-year forward average P/FFO of 17.4x. We decrease our 2025 FFO view by $0.26 to $16.73 and decrease 2027 by $0.09 to $17.93. Q1's most positive news was a material reduction in customer churn that led to lower move-out activity, improving occupancy by 40 bps Y/Y. If this continues throughout FY 2026 we would have to increase our FFO outlook. However, weakness remains in the Sun Belt markets, with Atlanta, Phoenix, and parts of Florida facing headwinds from negative same-property revenue growth Y/Y. Los Angeles also remains a drag, with the state of emergency negatively impacting pricing and creating an 80 bps drag on same-store revenue growth this year. We expect PSA's top-line performance to weaken in Q2-Q3 this year with revenue headwinds before the outlook improves in Q4 heading into 2027.
Public Storage (PSA) has an average rating of overweight and mean price target of $312.27, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $294.39, Change: $-2.75, Percent Change: -0.93%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PSA reported Q1 revenue of $1.21B, up 2.9% from $1.18B in Q1 2025 and $7M ahead of consensus estimates. Same-store performance showed continued stabilization with revenue now flat at $1.0B, while NOI increased 0.4% to $739M, marking a positive inflection point. Declining repairs and maintenance costs (-5.8%) and marketing expenses (-4.5%) created meaningful tailwinds for positive same-store NOI growth in Q1, demonstrating effective cost management. Despite the improvement in same-store revenue and NOI performance in Q1, PSA maintained its prior guidance for same-store NOI growth down 3.9% to down 0.5% for FY 26. The company's disciplined cost management initiatives appear to be supporting margin expansion even as revenue growth remains modest across the portfolio. We believe the maintained guidance suggests management remains appropriately cautious about the broader operating environment despite the encouraging Q1 stabilization trends in key metrics.
Public Storage (PSA) has an average rating of overweight and mean price target of $311.93, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $291.75, Change: $-3.25, Percent Change: -1.10%
