PSA News and Press, Public Storage From 12/12/23

2023-12-12 09:45:58 ET More on Extra Space Storage, Public Storage, etc. Public Storage: +4% Yield And Rental Income Growth Outweigh Lower Storage Demand Public Storage: 4.5% Yield, A-Rated Debt, And Strong Annual Total Return Potential Extra Space Storage: I'm Hoard...

2023-12-08 14:17:07 ET Summary Global electric car sales Oct. 2023 up 37%YoY to 17% share. China sales up 41% to 39% share. Europe up 24% to 25% share. USA up 26% to 9.4% share. EV market news - Electric vehicles and hybrids grow to a record-high 18% of U.S. light-duty vehicle sal...

2023-12-06 16:46:32 ET Summary Public Storage a leading storage-space REIT is rated Buy today, agreeing with consensus from Wall Street, analysts and the quant system. Positives are +4% dividend yield, $3/share quarterly payout, growth in rental income as well as positive FFO/AFFO...

2023-12-05 10:36:42 ET Summary REITWorld conference in Los Angeles featured 29 meetings, including exclusive sessions with REIT CEOs and CFOs, and property tours. Common themes discussed included cautious optimism on 2024 fundamentals, distressed opportunities, and challenges in t...

2023-12-05 06:00:00 ET Summary Public Storage is a top income stock with a 4.5% yield, higher than the Vanguard Real Estate ETF. The company has a well-managed portfolio of self-storage assets and a strong balance sheet. Despite headwinds in the self-storage industry, Public S...

2023-11-28 06:30:00 ET Summary REITs' financials are not accurately captured by computers due to realities that are not reflected by GAAP and also to adjusted numbers. REIT balance sheets have improved in terms of debt maturities, liquidity, and maturity ladders, but Loan to Value...

2023-11-27 12:54:46 ET Summary Real estate has been one of the worst-performing sectors in the U.S. equity market over the past three years. Global real estate market conditions are stabilizing, indicating a potential recovery in the sector. CBRE Global Real Estate Income Fund...

2023-11-25 09:00:00 ET Summary I am very bullish on most REITs following their recent crash. But warning: I did not say "all" of them! There are many types of REITs that I expect to do poorly over the long run. Avoid those at all costs. I have over 50% of my net wort...

2023-11-22 07:28:00 ET More on Public Storage Public Storage: Back In The Buy Zone Public Storage: The Preferred Dividends Are Well Covered Public Storage boosts core FFO year guidance after Q3 beat Public Storage FFO of $4.33 beats by $0.14, revenue of $1.14...

2023-11-16 06:30:00 ET Summary REITs have experienced multiple expansion in their valuations, but recent market conditions have caused some of this expansion to be undone. The future pricing of REITs will depend on interest rates and cap rates as much or more than on economic perf...