Public Storage Maintains Quarterly Dividend at $3.00/Share, Analysts Predict 13.07% Upside

Public Storage (PSA) maintains its quarterly dividend at $3.00 per share, offering a forward yield of 4.15%. Analysts predict a 13.07% upside on PSA stock, while GuruFocus estimates a 10.64% upside from current levels. The dividend will be distributed on September 30.

Title: Public Storage (PSA) Maintains Quarterly Dividend at $3.00 Per Share

Public Storage (NYSE: PSA) has maintained its quarterly dividend at $3.00 per share, offering a forward yield of 4.15%. The dividend, which was declared on August 26, 2025, will be distributed on September 30, 2025, to shareholders of record as of September 15, 2025 [1].

The company, a member of the S&P 500, is a Real Estate Investment Trust (REIT) that primarily acquires, develops, owns, and operates self-storage facilities. As of June 30, 2025, Public Storage owned and/or operated 3,432 self-storage facilities in 40 states with approximately 250 million net rentable square feet in the United States. Additionally, the company holds a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which operates 321 self-storage facilities in seven Western European nations with approximately 18 million net rentable square feet under the Shurgard® brand [1].

Analysts predict a 13.07% upside on PSA stock, while GuruFocus estimates a 10.64% upside from current levels. The positive sentiment is likely driven by the company's strong financial performance and the growth prospects in the self-storage sector [2].

Public Storage reported $4.28 earnings per share (EPS) for the quarter ending July 30, 2025, beating analysts' consensus estimates of $4.23 by $0.05. The company's return on equity was 34.06%, and its net margin was 38.13%. Revenue for the quarter was $1.20 billion, up 2.4% year-over-year [3].

Several institutional investors have increased their stakes in Public Storage. Northern Trust Corp, for example, raised its holdings by 2.8% in the first quarter, owning approximately 1.45% of the company's stock worth $762.13 million at the end of the quarter [3]. Other institutional investors, including Shum Financial Group Inc., Lido Advisors LLC, Meeder Asset Management Inc., Meeder Advisory Services Inc., and Integrated Advisors Network LLC, have also increased their holdings [3].

Analyst ratings for Public Storage are mixed. Bank of America boosted its target price to $380.00 and gave the stock a "buy" rating, while BMO Capital Markets decreased its target price to $325.00 and set a "market perform" rating. Royal Bank of Canada decreased its target price to $309.00 and set a "sector perform" rating. BNP Paribas Exane initiated coverage with an "outperform" rating and a $331.00 target price. Wells Fargo & Company decreased its target price to $320.00 and set an "overweight" rating [3].

In summary, Public Storage's maintained quarterly dividend and strong financial performance have contributed to positive analyst sentiment. The company's growth prospects in the self-storage sector and the increasing institutional ownership are additional factors supporting the stock's potential upside.

References:
[1] https://www.barchart.com/story/news/34402869/public-storage-declares-third-quarter-2025-dividends
[2] https://www.stocktitan.net/news/PSA/public-storage-declares-third-quarter-2025-j8wx1hl9r99m.html
[3] https://www.marketbeat.com/instant-alerts/filing-northern-trust-corp-purchases-69882-shares-of-public-storage-psa-2025-08-19/