Public Storage Future Growth

Future criteria checks 2/6

Public Storage is forecast to grow earnings and revenue by 3.7% and 4.6% per annum respectively. EPS is expected to grow by 3.4% per annum. Return on equity is forecast to be 28.7% in 3 years.

Key information

3.7%

Earnings growth rate

3.4%

EPS growth rate

Specialized REITs earnings growth5.9%
Revenue growth rate4.6%
Future return on equity28.7%
Analyst coverage

Good

Last updated03 May 2024

Recent future growth updates

Recent updates

A Public Service Announcement On Public Storage - It's A 'Buy'

May 05

REIT Public Storage Has Been And May Continue To Be A Terrible Investment

Apr 22

Public Storage: Great Entry Point For Long-Term Investors

Mar 26

4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio

Mar 18

Public Storage: The Self-Storage Glut Is Coming In 2024

Feb 19

Public Storage: Store Away And Lock Up Your Shares For The Long Term

Feb 12

Public Storage: Remains Attractive With A 4% Dividend Yield

Jan 05

Public Storage: 4.5% Yield, A-Rated Debt, And Strong Annual Total Return Potential

Dec 05

Public Storage: Back In The Buy Zone

Nov 10

Public Storage: The Preferred Dividends Are Well Covered

Nov 03

Public Storage: Why Buy Treasuries When You Can Buy This Stock

Oct 11

Public Storage: A Simple Question Of Supply And Demand

Sep 08

Public Storage: The 5.45% Yielding Preferred Shares Offer Excellent Risk/Reward

Aug 06

Public Storage: Lock In A Solid Yield Before It Goes Higher

Jul 14

This Is A PSA: Public Storage Is Undervalued

Jun 21

Building Wealth With Public Storage: My High-Conviction Dividend Play

May 24

Earnings and Revenue Growth Forecasts

NYSE:PSA - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20265,1702,078N/AN/A6
12/31/20254,9441,963N/AN/A9
12/31/20244,7271,834N/AN/A9
3/31/20244,6091,9402,9783,215N/A
12/31/20234,5461,9493,0093,247N/A
9/30/20234,4761,9222,9433,191N/A
6/30/20234,4214,0713,2183,243N/A
3/31/20234,3474,1463,1333,158N/A
12/31/20224,2404,1423,0923,117N/A
9/30/20224,0914,3382,9353,110N/A
6/30/20223,9102,0682,6922,867N/A
3/31/20223,7051,8112,5162,691N/A
12/31/20213,6481,7322,3692,544N/A
9/30/20213,3071,4672,3122,327N/A
6/30/20213,1481,2712,1562,171N/A
3/31/20213,0281,1712,0742,089N/A
12/31/20202,9961,0982,0282,043N/A
9/30/20202,9691,1332,0302,030N/A
6/30/20202,9621,2242,0552,055N/A
3/31/20202,9611,2842,0612,061N/A
12/31/20192,9251,2732,0492,068N/A
9/30/20192,8891,4762,0482,060N/A
6/30/20192,8651,4612,0882,100N/A
3/31/20192,8751,5032,0632,075N/A
12/31/20182,8251,4892,0642,064N/A
9/30/20182,8361,2932,0272,045N/A
6/30/20182,8151,2501,9721,990N/A
3/31/20182,7621,1781,9581,975N/A
12/31/20172,7441,172N/A1,973N/A
9/30/20172,7171,190N/A1,968N/A
6/30/20172,6941,220N/A1,946N/A
3/31/20172,6531,224N/A1,963N/A
12/31/20162,6141,184N/A1,945N/A
9/30/20162,5901,134N/A1,917N/A
6/30/20162,5411,099N/A1,873N/A
3/31/20162,4921,082N/A1,807N/A
12/31/20152,4191,053N/A1,748N/A
9/30/20152,3791,034N/A1,751N/A
6/30/20152,329992N/A1,706N/A
3/31/20152,275947N/A1,644N/A
12/31/20142,229908N/A1,604N/A
9/30/20142,191868N/A1,544N/A
6/30/20142,136868N/A1,484N/A
3/31/20142,092857N/A1,452N/A
12/31/20132,023845N/A1,430N/A
9/30/20131,992810N/A1,370N/A
6/30/20131,956769N/A1,352N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSA's forecast earnings growth (3.7% per year) is above the savings rate (2.4%).

Earnings vs Market: PSA's earnings (3.7% per year) are forecast to grow slower than the US market (14.2% per year).

High Growth Earnings: PSA's earnings are forecast to grow, but not significantly.

Revenue vs Market: PSA's revenue (4.6% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: PSA's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PSA's Return on Equity is forecast to be high in 3 years time (28.7%)


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