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Public Storage ( (PSA) ) has provided an announcement.
On September 8, 2025, Public Storage released an operating update for the periods ending August 31, 2025, highlighting a decrease in average annual contract rent per square foot and contract rents gained from move-ins compared to the previous year. Despite these declines, the company has been active in expanding its footprint, acquiring or contracting to acquire 74 self-storage facilities with 5.1 million net rentable square feet for $811.0 million since the start of the year.
The most recent analyst rating on (PSA) stock is a Buy with a $345.00 price target. To see the full list of analyst forecasts on Public Storage stock, see the PSA Stock Forecast page.
Spark’s Take on PSA Stock
According to Spark, TipRanks’ AI Analyst, PSA is a Outperform.
Public Storage’s strong financial performance and positive earnings outlook are the most significant factors driving the score. While technical indicators and valuation present some concerns, the company’s strategic acquisitions and international growth opportunities provide a solid foundation for future performance.
To see Spark’s full report on PSA stock, click here.
More about Public Storage
Public Storage operates in the self-storage industry, providing storage solutions across numerous facilities. The company focuses on offering rentable storage space to individuals and businesses, maintaining a significant presence in the market with a large number of facilities under its management.
Average Trading Volume: 817,278
Technical Sentiment Signal: Strong Buy
Current Market Cap: $52.25B
See more data about PSA stock on TipRanks’ Stock Analysis page.