PSA News and Press, Public Storage From 05/04/21

We're now at the halfway point of another newsworthy REIT earnings season. The major themes this quarter have been "Beat and Boost" and the revival of long-dormant "Animal Spirits." Nearly 90% of REITs have topped consensus earnings estimates. Of the 57 REITs and homebuilders tha...

Elliott Statement on Public Storage Investor Day PR Newswire WEST PALM BEACH, Fla. , May 4, 2021 /PRNewswire/ -- Elliott Investment Management L.P. today released the following statement on behalf of Portfolio Manager Johannes Weber regarding Public Stor...

Public Storage ([[PSA]] -0.9%) shares pare their decline after management outlines plans to boost same-store net operating income margins by 2%+ over the next three years, according to its Investor Day presentation.Earlier in the trading session, PSA stock fell as much as 1.8%.Those margin in...

Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...

Public Storage has been avoided by many as the company hasn't hiked its dividend in years - most major REITs have hiked consistently. However, the company finally seems to have entered a new growth phase as it is seeing the benefits from successful acquisitions and subdued operating e...

The U.S. equity market rally stalled this past week as intensifying COVID issues in India and domestic inflationary concerns offset a stellar slate of corporate earnings reports and economic data. The S&P 500 edged out gains of 0.1% - notching gains in five of the past six weeks -...

Public Storage uses little debt and bolsters its balance sheet by issuing preferred shares. The preferred dividend yields are usually low, but very safe. The 3.9% O-series issued in Q4 2020 have a current yield of 3.75% and a yield to worst of 2.95%. That's relatively low, but...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

Public Storage (PSA) Q1 2021 Earnings Conference Call April 29, 2021, 12:00 ET Company Participants Ryan Burke - VP, IR Joseph Russell - CEO, President & Trustee Thomas Boyle - CFO & SVP Conference Call Participants Jeffrey Spector - Bank of America Merrill Lynch Juan Sanabria - BMO C...

Image source: The Motley Fool. Public Storage (NYSE: PSA) Q1 2021 Earnings Call Apr 29, 2021 , 12:00 p.m. ET Operator Continue reading For further details see: Public Storage (PSA) Q1 2021 Earnings Call Transcript