PSA News and Press, Public Storage From 10/19/21

JRS is a fund focused on REITs, but invests across the capital spectrum including preferred and some bond exposure. The fund is trading at an attractive discount, despite the returns it already provided investors for the year. The latest dip is creating more opportunity to add to ...

Public Storage is able to take advantage of the low yield environment by reducing the cost of its preferred equity. The recently issued Q-series of the preferred shares have a yield to call of just over 3.7%. This appears to be very low, but the balance sheet is pretty safe and th...

U.S. equity markets rallied to their best week since July as a strong start to corporate earnings season and a solid slate of economic data temporarily eased investor jitters over potential stagflation. Rebounding for the second-straight week following a rough September, the S&am...

On their size alone, data centers and cell tower REITs face a potential long-term headwind, said Wolfe Research analyst Andrew Rosivach, who assumes coverage of the sector with a Market Underweight rating. "Tech REITs are a large, mature sector which moderates external growth potential,"...

Unlike most REITs, EPR still faces rent challenges. After suspending its dividend for more than a year and deferring tens of millions in rent, EPR appears to be improving. But it’s not obvious it can earn its prior valuation. With the stock roughly midway between its 2019 h...

Storage REITs stumbled into the pandemic with challenged fundamentals and an outlook for near-zero growth amid oversupply challenges. Catalyzed by the suburban housing boom, self-storage demand is suddenly insatiable. Like a phoenix rising from the ashes, storage REITs have continued ...

RQI has been declining along with the rest of the REIT space. Despite these declines, real estate is still putting up some good performance this year. With the declines, RQI's discount has been widening and is becoming quite attractive. For further details see: RQI: Rece...

Public Storage (NYSE:PSA) announced today it intends to release its third quarter 2021 earnings results on Monday, November 1, 2021. A conference call is scheduled for Tuesday, November 2, 2021, at 9:00 a.m. (PDT) to discuss these results. Company Information Public Stor...

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share. EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. ...