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PSA News and Press, Public Storage From 04/22/21

Stock Information

Company Name: Public Storage
Stock Symbol: PSA
Market: NYSE
Website: publicstorage.com

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PSA - Public Storage Releases Registration Information for Virtual Investor Day

Public Storage (NYSE:PSA) released today registration information for its previously announced Investor Day to be held on Monday, May 3, 2021, from 9:30 a.m. to 1:30 p.m. (PDT). The Investor Day will provide participants with detailed insight into Public Storage’s leadership ...

PSA - REIT Dividend Revival: Earnings Preview

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs are off to a hot start to 2021 with a record-setting quantity of dividend increases. 51 equity REI...

PSA - Public Storage Recognized as One of the Best Places to Work by Comparably

Public Storage (NYSE:PSA), the largest self-storage operator in the nation, has been recognized as one of the best places to work in Comparably’s most recent workplace culture survey. Public Storage was named in the top three large companies for Best Operations Department...

PSA - Public Storage: 52-Week High Recently Eclipsed (PSA)

Public Storage (NYSE:PSA) traded at a new 52-week high today of $275.77. This new high was reached on below average trading volume as 127,000 shares traded hands, while the average 30-day volume is approximately 724,000 shares. Based on a current price of $275.76, Public Storage is curre...

PSA - Shares of Public Storage (PSA) Rise Above Previous 52-Week High

Public Storage (NYSE:PSA) traded today at a new 52-week high of $268.98. This new high was reached on below average trading volume as 78,000 shares traded hands, while the average 30-day volume is approximately 728,000 shares. Public Storage share prices have moved between a 52-week high...

PSA - Real Estate Remains Red-Hot

U.S. equity markets rallied to fresh record-highs this past week as long-term interest rates and inflation expectations pulled back despite a stellar slate of economic data and corporate earnings reports. Concerns over the impact of a temporary safety-related halt of the Johnson &...

PSA - Public Storage raises 2B to fund $1.8B acquisiton of ezStorage

Public Storage ([[PSA]] +1.3%) has priced $2B of senior notes offering in three tranches.The first tranche consists of $700M of floating rate senior notes due due April 23, 2024 will bear interest at a rate equal to Compounded SOFR reset quarterly, plus 47 bps, priced at 100% of par valu...

PSA - Public Storage buys ezStorage for $1.8B

Headquartered in Columbia, Maryland, ezStorage is the largest self-storage company in Maryland, Virginia, and Washington DC.ezStorage portfolio comprises 48 properties (4.2M net rentable sq. ft.) located in submarkets with strong demand drivers and high barriers for new property development a...

PSA - Public Storage Enhances Portfolio Coverage, Quality, and Growth with ezStorage Acquisition

Public Storage (NYSE:PSA), the leading owner, acquirer, developer, and operator of self-storage properties, announced today the acquisition of ezStorage, one of the highest quality self-storage portfolios in the United States, for $1.8 billion. The portfolio comprises 48 properties ...

PSA - REITs Jump Into SPAC Mania

U.S. equity markets climbed to fresh record highs this week amid a pullback in interest rates and inflation expectations as the global growth outlook has been tempered by ongoing COVID issues abroad. Climbing to fresh record highs, the S&P 500 gained another 2.7% on the week while...

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