JP Morgan downgraded Public Storage (PSA) to Neutral from Overweight on December 17, 2025. The stock is currently priced at $265.81.
This downgrade underscores increased caution regarding Public Storage's outlook. Analysts may have concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
Public Storage operates as a real estate investment trust, focusing on acquiring, developing, and managing self-storage facilities. The company owns over 3,085 self-storage locations across 40 U.S. states, employing approximately 5,900 full-time staff. As of December 16, 2025, Public Storage reported a market cap of $47.8 billion and a P/E ratio of 25.26, with a trailing EPS of 10.75 and a dividend yield of 440.6%.
Upcoming earnings reports are scheduled for July 28, 2026, with an estimated EPS of $2.69 and projected revenue of $1.3 billion, followed by an April 28, 2026 report estimating an EPS of $2.50 and revenue of $1.2 billion.
Analyst consensus indicates 5 Strong Buy, 10 Buy, and 9 Hold ratings. Recent actions include a downgrade by JP Morgan and maintenance of ratings by other firms, reflecting a range of opinions on the company's future performance.