PSA News and Press, Public Storage From 08/07/23

2023-08-07 09:00:00 ET Summary Most REIT investors prioritize high dividends, while I focus on growth and healthy companies. This article identifies 17 REITs expected to have double-digit FFO per share growth this year or next, and to grow FFO at a 2-year CAGR of 7.5% or better. ...

2023-08-06 11:40:00 ET Summary Public Storage is a leader in the self-storage business. It also recently acquired a competitor for $2.2B. The preferred shares seem pretty safe as the dividend and asset coverage ratios are very strong. Income-oriented investors might also want ...

2023-08-04 17:37:14 ET Summary Extra Space Storage joined and "won" the bidding war for Life Storage, although an all-stock deal alleviates some leverage concerns. Extra Space Storage's shares have fallen to fresh 52-week lows, trading at $125, with elevated interest rates and sof...

2023-08-03 16:48:10 ET Public Storage (PSA) Q2 2023 Earnings Call Transcript August 03, 2023 12:00 PM ET Company Participants Ryan Burke - Vice President of Investor Relations Joseph Russell - President and Chief Executive Officer Tom Boyle - Senior Vice Presiden...

2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...

2023-08-02 23:15:20 ET Summary Demand for self-storage is driven by downsizing, divorce, death, dislocation, and decluttering, but demand has declined due to rising mortgage rates and return to office work. Supply in the self-storage-storage sector is expected to be manageable, an...

2023-08-02 16:17:28 ET Public Storage press release ( NYSE: PSA ): Q2 FFO of $4.28 beats by $0.08 . Revenue of $1.12B (+8.7% Y/Y) in-line. 2023 Outlook: Same Store: Revenue growth 3.25%-5.00%; Expense growth 4.75%-6.75%; Net operating income growth 2.20%-5.10%....

Public Storage (NYSE:PSA) announced today operating results for the three and six months ended June 30, 2023. “Public Storage’s industry-leading platform was evident during the second quarter, with record customer move-in volume growth of 13.6%, stabilized same store NOI growth ...

2023-08-01 17:35:58 ET Public Storage ( NYSE: PSA ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, after market close. The consensus FFO Estimate is $4.20 and the consensus Revenue Estimate is $1.12B. For further details see: Pub...

Public Storage will host 133 solar projects on facility rooftops to provide historically overlooked communities with affordable renewable energy Public Storage (NYSE:PSA), the nation’s leading self-storage owner, and Solar Landscape , the leading commercial and indust...