PSALL News and Press, Public Storage From 07/18/21

REITs have been one of the best performing assets of the past 20 years. Yet many REIT investors achieve consistently lackluster returns because they engage in five very common mistakes. We reveal these mistakes below and discuss how to avoid them so you can minimize losses and max...

Comeback Kids: Self-Storage REITs have delivered as impressive of a turnaround as any property sector in recent memory, catalyzed by the ongoing housing boom and the acceleration in housing market turnover. An ensemble of impressive earnings results indicated that the p...

Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...

I always dreamed of becoming a college basketball coach. And up until a few years ago, I was fairly active in shooting hoops. It wasn’t until after a few ankle sprains that I decided to officially “retire”. Value investors like Ben Graham understood that m...

We take a look at the action in preferreds and baby bonds through the second week of June and highlight some of the key themes we are watching. We discuss the market action and highlight individual issuer news. We continue to favor pinned-to-par securities due to their greater res...

The following slide deck was published by Public Storage in conjunction with this event. For further details see: Public Storage (PSA) Investor Presentation - Slideshow

Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...

U.S. equity markets retreated on another turbulent week as investors backed away from speculative assets amid signs that supply shortages and surging prices have started to impair aggregate demand. Bitcoin plunged after U.S. and Chinese authorities each pushed ahead with increased reg...

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...

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...