Public Storage Set to Report Q3 2026 Earnings Monday, Analysts Expect FFO of $4.27 Per Share

Public Storage (PSA) is scheduled to report fiscal 2026 third-quarter earnings on Monday, Oct. 26, after the market closes, with analysts forecasting diluted FFO of $4.27 per share, down marginally from $4.31 a year earlier. The Glendale, California-based self-storage REIT, valued at $54.3 billion by market cap, has topped Wall Street FFO estimates in three of its last four quarters but missed the most recent one. For the full year, analysts expect FFO per share of $16.93, down slightly from $16.97 in fiscal 2025, with fiscal 2027 FFO projected to grow 3% year over year to $17.43. PSA stock has gained 1.2% over the past year, trailing the S&P 500 Index's 13.1% advance but outperforming the State Street Real Estate Select Sector SPDR ETF (XLRE). On Sept. 9, the company priced C$400 million of fixed-rate senior notes due 2033 at a 4.54% annual interest rate, its first debt offering in the Canadian market following its acquisition of Public Storage Canada. Consensus rating on the stock is "Moderate Buy," with an average analyst price target of $327.39, implying 5.6% upside.