Public Storage PFD SHS F 5.15% preferred stock offers a 5.9% yield after a recent correction, supported by a strong REIT business model and balance sheet. PSA.PR.F trades at a 12% discount to par, providing potential for capital appreciation if called, with the preferred dividend considered very safe. Public Storage benefits from resilient cash flows, industry tailwinds, and sector-leading credit ratings, ensuring preferred dividend stability.
Public Storage ( PSA ) Q3 2025 Earnings Call October 30, 2025 12:00 PM EDT Company Participants Ryan Burke - Vice President of Investor Relations Joseph Russell - CEO, President & Trustee H. Boyle - Senior VP, Chief Investment Officer & CFO Conference Call Participants Eric Wolfe - Citigroup Inc., Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Samir Khanal - BofA Securities, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Ronald Kamdem - Morgan Stanley, Research Division Eric Luebchow - Wells Fargo Securities, LLC, Research Division Spenser Allaway Todd Thomas - KeyBanc Capital Markets Inc., Research Division Juan Sanabria - BMO Capital Markets Equity Research Michael Goldsmith - UBS Investment Bank, Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Brendan Lynch - Barclays Bank PLC, Research Division Presentation Operator Greetings, and welcome to Public Storage Third Quarter 2025 Earnings Conference Call.
PSA posts higher Q3 FFO and revenues, fueled by rent gains and acquisitions, and lifts its 2025 outlook on stabilizing operations.
The headline numbers for Public Storage (PSA) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.31 per share, beating the Zacks Consensus Estimate of $4.24 per share. This compares to FFO of $4.2 per share a year ago.
Beyond analysts' top-and-bottom-line estimates for Public Storage (PSA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2025.
Public Storage stands out in the self-storage REIT sector for its scale, operational efficiency, and strong balance sheet. PSA benefits from significant competitive advantages, including brand strength, cost efficiencies, and access to capital, supporting steady cash flow and reliable dividends. Despite solid fundamentals, PSA's valuation at 17.5x FFO is less attractive compared to peers, limiting near-term upside and yield potential for investors.
Public Storage (NYSE:PSA ) Q2 2025 Earnings Conference Call July 31, 2025 11:00 AM ET Company Participants H. Thomas Boyle - Senior VP, Chief Investment Officer & CFO Joseph D.
PSA tops Q2 FFO estimates and lifts the full-year outlook with steady operations and ramped-up acquisitions.
Although the revenue and EPS for Public Storage (PSA) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.28 per share, beating the Zacks Consensus Estimate of $4.23 per share. This compares to FFO of $4.23 per share a year ago.
Evaluate the expected performance of Public Storage (PSA) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.