PSA News and Press, Public Storage From 03/03/21

Funds from operations are growing at a higher than average rate, outpacing peers. Valued at a multiple that makes sense peer - wise, although a market correction could affect all valuations. Low payout ratio meaning safer dividends which are good candidates for annual increases. ...

Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share. EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden is...

U.S. equity markets were broadly lower on a choppy week after encouraging coronavirus data and positive vaccine news triggered a "reopening rotation" that sent Treasury yields soaring to mid-pandemic highs. Declining for the second-straight week, the S&P 500 retreated by 2.5%, whi...

Public Storage (PSA) Q4 2020 Results Conference Call February 25, 2021 12:00 PM ET Company Participants Ryan Burke - Vice President of Investor Relations Joe Russell - President & Chief Executive Officer Tom Boyle - Senior Vice President & Chief Financial Officer Conference Call Parti...

Image source: The Motley Fool. Public Storage (NYSE: PSA) Q4 2020 Earnings Call Feb 25, 2021 , 12:00 p.m. ET Operator Continue reading For further details see: Public Storage (PSA) Q4 2020 Earnings Call Transcript

Public Storage (PSA)  Q4 core FFO per share of $2.93 beats the average analyst estimate of $2.85 and increased from $2.84 in the year-ago quarter.Q4 revenue of $748.5M exceeds the $731.0M consensus and rose from $720.0M in the year-ago quarter.Revenue for the same-store facilities increa...

Public Storage (PSA): Q4 FFO of $2.93 beats by $0.08.Revenue of $748.54M (+4.3% Y/Y) beats by $17.57M.“The outlook is favorable as we enter 2021. Public Storage is transforming the customer experience through innovation amidst strong consumer demand while executing on a robust external...

Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2020. Comment from the CEO “At Public Storage, our focus on the health and safety of employees and customers, enhancing the industry’s leading pla...

U.S. equity markets retreated from all-time-highs this week as interest rates and inflation expectations jumped to mid-pandemic highs amid a Southern 'Deep Freeze' and a slate of strong economic data. Declining on all four trading days this week, the S&P 500 retreated by 0.7% this...

Elliott Management (Paul Singer) initiated new positions in Evergy (EVRG), AT & T (T) Eaton Vance Floating Rate Income Trust (EFT), Public Storage (PSA) and F5 Networks (FFIV), as per its latest 13F filing.Dell Technologies (DELL) position was increased.The fund exited positions from: eBa...