Public Storage stock gains 1.90 percent before Q3 results

Published on 10/06/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Public Storage stock was trading at USD 287.01 on October 6, 2026, up 1.90 percent on the NYSE. Q3 results are scheduled for October 26, while analysts set a USD 338.00 average target.

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Public Storage stock (ISIN US74460D1090) was trading at USD 287.01 on the NYSE on October 6, 2026, up 1.90 percent from the USD 281.66 prior close. The move comes as the self-storage REIT approaches its next quarterly report.

Q3 results have a date

Public Storage will release third-quarter 2026 results after the market close on October 26, 2026, according to Business Wire. Management plans to discuss the figures during a conference call on October 27, 2026, at 11:00 a.m. CT.

The company had 4,647 self-storage facilities across 41 states and Puerto Rico as of September 1, 2026, while its Canadian portfolio included 68 facilities, ScanX reported on October 6, 2026.

Revenue grows as margins face pressure

In Q2 2026, revenue rose 2.6 percent year over year to USD 1.23 billion, while core FFO per share declined 2.6 percent to USD 4.17. Same-store revenue fell 0.6 percent and same-store net operating income dropped 2.2 percent, according to Zacks.

Average occupancy improved 20 basis points to 92.5 percent in the quarter. The newer property pool provided a counterweight, with revenue from acquisition, development and expansion properties increasing 25.6 percent year over year.

Public Storage raised its 2026 core FFO guidance to USD 16.75-17.05 per share from USD 16.35-17.00. The revised midpoint is USD 16.90, giving the upcoming report a clear test: management must show whether acquisition-led growth can offset weaker same-store economics.

Analysts see upside to USD 338

The analyst consensus is Hold, based on 22 ratings, with an average price target of USD 338.00. The target lies 17.8 percent above the USD 287.01 trading price, while the published range runs from USD 303.00 to USD 374.00, according to Barron's on October 6, 2026.

Public Storage stock stays below its yearly high

Public Storage was trading at USD 287.01 at 11:55 a.m. ET on October 6, 2026. Its 52-week range was USD 256.54 to USD 335.55, while market capitalization stood at USD 53.5 billion and volume reached 305,353 shares.