Public Storage (PSA) earnings on July 29, 2026
Prior outlook: No statistical edge
Volatly's outlook before the earnings on July 29, 2026: No statistical edge.
PSA price around the earnings
There is no candle series available for this event.
Prior thesis
Prior outlook: No statistical edge
- Thesis published
100% beat rate but minimal analyst upside (+1.1%) post-acquisition close; trajectory collapsed, acquisition likely priced in.
Context analyzed before publication
- Trend
- Trajectory collapsed and remained negative, indicating a significant selloff post-acquisition.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.5
- Analysts covering the stock
- 16
- Average price target
- 332.88
- Lowest price target
- 285
- Highest price target
- 379
- Upside to price target
- 1.1%
- Quarterly earnings growth
- 29.1%
- Revenue growth
- 3.2%
- Forward EPS
- 9.76
- Trailing EPS
- 1.95
- Analyst moves in the last 60 days
- 8
- Strong buy: 2
- Buy: 4
- Hold: 14
- Sell: 0
- Strong sell: 0
- Strong buy
- 2
- Buy
- 4
- Hold
- 14
- Sell
- 0
- Strong sell
- 0
- July 10, 2026 · UBS: Maintains rating (Neutral → Neutral)
- July 10, 2026 · Barclays: Downgrades rating (Overweight → Equal-Weight)
- July 8, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- July 6, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- June 23, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- June 23, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- June 18, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- June 16, 2026 · Citigroup: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- National Storage Affiliates Trust Common Shareholders Voted To Approve Public Storage’s Proposed Acquisition Of NSA; Transaction Expected To Close On July 22 (opens in a new tab) — Benzinga
- UBS Maintains Neutral on Public Storage, Raises Price Target to $326 (opens in a new tab) — Benzinga
- Barclays Downgrades Public Storage to Equal-Weight, Maintains Price Target to $349 (opens in a new tab) — Benzinga
- Reported Earlier, Public Storage Prices $900M Two-Tranche Senior Notes At 4.855% Effective Rate, $400M Due 2032 And $500M Due 2036, To Fund NSA Acquisition (opens in a new tab) — Benzinga
- Scotiabank Maintains Sector Outperform on Public Storage, Raises Price Target to $345 (opens in a new tab) — Benzinga
- Evercore ISI Group Maintains In-Line on Public Storage, Lowers Price Target to $316 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 330.65
- Average true range (ATR)
- 2.2%
- Distance to 52-week high
- -0.4%
- 14-day change (14d)
- +3.6%
- 30-day change (32d)
- +1.9%
- 30-day relative strength
- +0.4%
- SPY change (32d)
- +1.6%
- Nearest support
- 330.5
- Distance to nearest support
- 0.1%
- Nearest resistance
- 333.72
- Distance to nearest resistance
- 0.9%
- Volume accumulation ratio (14d / 46d)
- 1.45
- Mid: 330.5 (0.1% away, 0.02 ATR, 17 touches)
- Mid: 327.27 (1% away, 0.46 ATR, 12 touches)
- Mid: 324.75 (1.8% away, 0.8 ATR, 25 touches)
- Mid: 333.72 (0.9% away, 0.42 ATR, 13 touches)
- Major: 335.61 (1.5% away, 0.67 ATR, 22 touches)
- Mid: 338.58 (2.4% away, 1.08 ATR, 14 touches)
Trends
Evidence
- Average earnings surprise
- +2.7%
- April 27, 2026: actual EPS 2.47 vs estimate 2.42 (surprise +2.2%)
- February 12, 2026: actual EPS 2.61 vs estimate 2.49 (surprise +4.6%)
- October 29, 2025: actual EPS 2.62 vs estimate 2.54 (surprise +3.1%)
- July 30, 2025: actual EPS 2.58 vs estimate 2.55 (surprise +0.9%)
Expected move
- Implied move
- +1.4%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.2%
- 75th percentile move
- 2.8%
- 90th percentile move
- 3.6%
- Up / down moves
- 9 / 11
- Average up move
- +2.0%
- Average down move
- -2.6%
Monitoring and close
What Public Storage reported
- Status
- Finished
| Actual EPS | 2.45 |
|---|---|
| EPS estimate | 2.53 |
| EPS surprise | -3.1% |
Public Storage Q2 FFO misses on same-store NOI decline, but revenue beats and raised guidance context optimism amid expansion.
Sources (9)
- Public Storage Q2 FFO Misses on Same-Store NOI Decline, Revenues Beat (opens in a new tab) — Zacks
- Self Storage Rate Gains Meet Pressure From New Supply (opens in a new tab) — CRE Daily
- Compared to Estimates, Public Storage (PSA) Q2 Earnings: A Look at Key Metrics (opens in a new tab) — Zacks
- Public Storage (PSA) Q2 FFO Miss Estimates (opens in a new tab) — Zacks
- Public Storage (NYSE:PSA) Beats on Core FFO, Raises Full-Year Guidance (opens in a new tab) — ChartMill
- Public Storage Raises FY2026 FFO Guidance from $16.35-$17.00 to $16.75-$17.05 vs $16.94 Est (opens in a new tab) — Benzinga
- Public Storage Q2 FFO $4.17 Misses $4.24 Estimate, Sales $1.233B Beat $1.230B Estimate (opens in a new tab) — Benzinga
- Public Storage Reports Second Quarter 2026 Results and Raises Guidance (opens in a new tab) — Yahoo
- Earnings per share: $2.45 vs $2.53 expected — below expectations. — Yahoo Finance
Pre-market second reading after the results
There is no second reading available for this event.