On 2016-07-28, Public Storage (NYSE:PSA) confirmed the dividend disbursement of $1.8 a share to shareholders as on record 2016-09-14. The firm will release dividend on 2016-09-29 while ex-dividend date is reported to be 2016-09-12.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Public Storage (NYSE:PSA) paid a total of $1.8 per share in dividends. This figure stood at $1.8 a share in the same period a year ago indicating a deviation of 16.0714%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $244 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $289 and $220, respectively.
Taking the mathematical rating formula, the price for Public Storage (NYSE:PSA) stands at 3. Earnings Review Public Storage (NYSE:PSA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $2.51.
Coming to the quarter ending on 2015-12-31, Public Storage (NYSE:PSA) recorded EPS of $2.34. The reported numbers came lower than the analysts’ estimates of $2.38, demonstrating a miss of $-0.04 as against reported figures.
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