Public Storage Earnings Estimate

PSA Stock  USD 298.05  3.79  1.29%   
The next projected EPS of Public Storage is estimated to be 2.55 with future projections ranging from a low of 2.4975 to a high of 2.5325. Public Storage's most recent 12-month trailing earnings per share (EPS TTM) is at 9.65. Please be aware that the consensus of earnings estimates for Public Storage is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Public Storage is projected to generate 2.55 in earnings per share on the 31st of December 2024. Public Storage earnings estimates show analyst consensus about projected Public Storage EPS (Earning Per Share). It derives the highest and the lowest estimates based on Public Storage's historical volatility. Many public companies, such as Public Storage, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Public Storage Revenue Breakdown by Earning Segment

By analyzing Public Storage's earnings estimates, investors can diagnose different trends across Public Storage's analyst sentiment over time as well as compare current estimates against different timeframes. The current year's Gross Profit is expected to grow to about 4.1 B, whereas Pretax Profit Margin is forecasted to decline to 0.42.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.

Public Storage Earnings Estimation Breakdown

The calculation of Public Storage's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Public Storage is estimated to be 2.55 with the future projection ranging from a low of 2.4975 to a high of 2.5325. Please be aware that this consensus of annual earnings estimates for Public Storage is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.16
2.50
Lowest
Expected EPS
2.55
2.53
Highest

Public Storage Earnings Projection Consensus

Suppose the current estimates of Public Storage's value are higher than the current market price of the Public Storage stock. In this case, investors may conclude that Public Storage is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Public Storage's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
2086.05%
2.16
2.55
9.65

Public Storage Earnings History

Earnings estimate consensus by Public Storage analysts from Wall Street is used by the market to judge Public Storage's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Public Storage's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Public Storage Quarterly Gross Profit

860.09 Million

The current year's Earnings Yield is expected to grow to 0.07, whereas Retained Earnings are projected to grow to (229.1 M). The current year's Net Income Applicable To Common Shares is expected to grow to about 5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 119.2 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Public Storage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
296.18297.78299.38
Details
Intrinsic
Valuation
LowRealHigh
268.25327.11328.71
Details
Naive
Forecast
LowNextHigh
289.10290.70292.30
Details
20 Analysts
Consensus
LowTargetHigh
314.86346.00384.06
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Public assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Public Storage. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Public Storage's stock price in the short term.

Public Storage Earnings per Share Projection vs Actual

Actual Earning per Share of Public Storage refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Public Storage predict the company's earnings will be in the future. The higher the earnings per share of Public Storage, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Public Storage Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Public Storage, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Public Storage should always be considered in relation to other companies to make a more educated investment decision.

Public Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Public Storage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-30
2024-09-302.62.16-0.4416 
2024-07-30
2024-06-302.62.660.06
2024-04-30
2024-03-312.472.60.13
2024-02-20
2023-12-312.732.21-0.5219 
2023-10-30
2023-09-302.813.20.3913 
2023-08-02
2023-06-302.913.00.09
2023-05-03
2023-03-312.692.65-0.04
2023-02-21
2022-12-312.652.06-0.5922 
2022-11-01
2022-09-302.733.30.5720 
2022-08-04
2022-06-302.543.420.8834 
2022-05-03
2022-03-312.322.630.3113 
2022-02-22
2021-12-312.173.171.046 
2021-11-01
2021-09-302.132.520.3918 
2021-08-03
2021-06-301.871.970.1
2021-04-28
2021-03-311.772.210.4424 
2021-02-24
2020-12-311.941.67-0.2713 
2020-11-04
2020-09-301.691.41-0.2816 
2020-08-05
2020-06-301.621.41-0.2112 
2020-04-30
2020-03-311.711.790.08
2020-02-25
2019-12-312.011.87-0.14
2019-10-29
2019-09-301.911.930.02
2019-07-30
2019-06-301.831.76-0.07
2019-05-01
2019-03-311.721.730.01
2019-02-26
2018-12-312.112.170.06
2018-10-30
2018-09-301.851.850.0
2018-08-01
2018-06-301.832.00.17
2018-04-25
2018-03-311.671.65-0.02
2018-02-20
2017-12-311.981.92-0.06
2017-10-25
2017-09-301.881.65-0.2312 
2017-07-26
2017-06-301.81.59-0.2111 
2017-04-26
2017-03-311.651.62-0.03
2017-02-22
2016-12-311.892.030.14
2016-10-26
2016-09-301.771.780.01
2016-07-28
2016-06-301.671.61-0.06
2016-04-26
2016-03-311.481.39-0.09
2016-02-16
2015-12-311.711.740.03
2015-10-28
2015-09-301.531.580.05
2015-07-29
2015-06-301.411.520.11
2015-04-30
2015-03-311.191.230.04
2015-02-19
2014-12-311.421.640.2215 
2014-10-30
2014-09-301.321.340.02
2014-07-31
2014-06-301.241.250.01
2014-05-01
2014-03-311.121.01-0.11
2014-02-20
2013-12-311.351.410.06
2013-10-31
2013-09-301.231.340.11
2013-08-01
2013-06-301.131.20.07
2013-05-09
2013-03-310.950.94-0.01
2013-02-21
2012-12-311.151.220.07
2012-11-08
2012-09-301.071.180.1110 
2012-08-02
2012-06-300.950.77-0.1818 
2012-05-03
2012-03-310.840.73-0.1113 
2012-02-23
2011-12-310.990.96-0.03
2011-11-03
2011-09-300.820.69-0.1315 
2011-08-04
2011-06-300.770.770.0
2011-05-05
2011-03-310.650.870.2233 
2011-02-25
2010-12-310.720.71-0.01
2010-11-04
2010-09-300.721.070.3548 
2010-08-05
2010-06-300.660.36-0.345 
2010-05-06
2010-03-310.570.21-0.3663 
2010-02-26
2009-12-310.580.70.1220 
2009-11-05
2009-09-300.621.030.4166 
2009-08-06
2009-06-300.570.80.2340 
2009-05-07
2009-03-310.470.950.48102 
2009-02-26
2008-12-310.620.720.116 
2008-11-06
2008-09-300.580.42-0.1627 
2008-08-07
2008-06-300.240.40.1666 
2008-05-08
2008-03-310.392.642.25576 
2008-02-27
2007-12-310.280.60.32114 
2007-11-08
2007-09-300.170.510.34200 
2007-08-02
2007-06-300.090.08-0.0111 
2007-05-03
2007-03-310.05-0.03-0.08160 
2007-02-27
2006-12-310.18-0.48-0.66366 
2006-11-02
2006-09-300.34-0.04-0.38111 
2006-08-02
2006-06-300.50.550.0510 
2006-05-04
2006-03-310.460.480.02
2006-02-06
2005-12-310.480.510.03
2005-10-27
2005-09-300.490.620.1326 
2005-07-29
2005-06-300.440.470.03
2005-05-05
2005-03-310.370.380.01
2005-03-03
2004-12-310.370.460.0924 
2004-11-04
2004-09-300.360.380.02
2004-08-05
2004-06-300.340.370.03
2004-05-06
2004-03-310.290.17-0.1241 
2004-02-27
2003-12-310.310.3-0.01
2003-08-05
2003-06-300.290.340.0517 
2003-03-17
2002-12-310.690.2-0.4971 
2002-03-14
2001-12-310.370.2092-0.160843 
2001-11-08
2001-09-300.390.4070.017

About Public Storage Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Public Storage earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Public Storage estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Public Storage fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-241.1 M-229.1 M
Retained Earnings Total Equity-99.2 M-104.2 M
Earnings Yield 0.05  0.07 
Price Earnings Ratio 22.42  14.66 
Price Earnings To Growth Ratio(0.41)(0.39)

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When determining whether Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Storage. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
12
Earnings Share
9.65
Revenue Per Share
26.783
Quarterly Revenue Growth
0.034
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Storage's market value can be influenced by many factors that don't directly affect Public Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.