Public Storage stock: RBC maintains USD 318.00 target for Public Storage stock
Published on 10/21/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Royal Bank of Canada reaffirmed its Sector Perform rating and USD 318.00 target on October 20, 2026.
- Public Storage revenue reached USD 1.23 billion in the second quarter of 2026.
- Public Storage stock cost EUR 266.10 at Lang & Schwarz on October 21, 2026 at 5:13 p.m. CEST.
- Third-quarter 2026 results are scheduled for October 26, 2026.
Public Storage secured a USD 318.00 target from Royal Bank of Canada on October 20, 2026, which reaffirmed its Sector Perform rating. The target lies 6.45 percent above the USD 298.73 NYSE price at 11:24 a.m. ET on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 266.10 on October 21, 2026 at 5:13 p.m. CEST.
Target holds above the market
MarketBeat reported that Royal Bank of Canada maintained the USD 318.00 objective. Its analyst overview listed seven Buy ratings and fourteen Hold ratings, alongside an average target of USD 323.42.
Revenue grows while occupancy holds
Public Storage reported USD 1.23 billion of revenue and USD 502.94 million of net income for the second quarter ended June 30, 2026. Revenue rose 2.60 percent from the year-earlier quarter, while net income increased 39.50 percent. The figures came from the company financial statements for the period.
Zacks reported that core funds from operations reached USD 4.17 per share in the second quarter, 1.90 percent below consensus. Average occupancy improved to 92.50 percent, while same-store net operating income fell 2.20 percent to USD 746.40 million.
Valuation and upcoming results
Public Storage had a market capitalization of USD 55.8 billion, a price-to-earnings ratio of 28.46 and a dividend yield of 4.00 percent as of October 21, 2026. Its 52-week range was USD 256.54 to USD 335.55, leaving the latest NYSE price 10.97 percent below the high.
Public Storage said on October 5, 2026 that it plans to release third-quarter results after the market close on October 26, 2026. Management scheduled the related conference call for October 27, 2026, at 11:00 a.m. CT.
Comparison with peers
Public Storage: price-to-earnings ratio 28.46, market capitalization USD 55.8 billion. Extra Space Storage: price-to-earnings ratio 31.29, market capitalization USD 29.6 billion. CubeSmart: price-to-earnings ratio 26.88, market capitalization USD 8.8 billion. These figures were measured on October 21, 2026.
Stock price and investor calendar
Public Storage combines a USD 318.00 analyst target with second-quarter revenue of USD 1.23 billion and a results date less than a week away. The operating figures show a split picture, with revenue growth and occupancy gains alongside weaker same-store net operating income.
At Lang & Schwarz, Public Storage was trading at EUR 266.10 on October 21, 2026 at 5:13 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Public Storage stock.
Public Storage stock at a glance
- Company: Public Storage
- ISIN: US74460D1090
- Ticker: PSA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 5:13 p.m. CEST): EUR 266.10
- Market capitalization: USD 55.8 billion (as of October 21, 2026)
- 52-week range: USD 256.54-335.55 (as of October 21, 2026)
- Sector / Industry: Real Estate / REIT - Industrial
- Index membership: S&P 500
Market context: Market report S&P 500.
