Public Storage's $1.2B Canada deal adds 68 properties in major markets, with occupancy upside and PS Next efficiencies supporting long-term growth.
Public Storage PSA has delivered a strong run so far this year, with the stock up 19.9% year to date, outperforming the industry's growth of 10.5%. The gain stands out in the REIT space, where investors have been selective because of interest-rate pressure and uneven property-level trends.
Public Storage (PSA) Q1 2026 Earnings Call Transcript
PSA beats Q1 core FFO and revenue estimates as non-same-store growth jumps and its $10.5B National Storage Affiliates deal nears.
Public Storage is rated Hold, reflecting balanced risk-reward as macro headwinds and Iran-driven risks weigh on near-term valuation. PSA maintains strong financials and is acquiring National Storage in a $10.5B all-stock deal to drive long-term synergies. Guidance anticipates flat to slightly negative Core FFO and NOI in 2026, with higher interest expenses and ongoing macroeconomic pressures impacting near-term results.
While the top- and bottom-line numbers for Public Storage (PSA) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.22 per share, beating the Zacks Consensus Estimate of $4.13 per share. This compares to FFO of $4.12 per share a year ago.
Get a deeper insight into the potential performance of Public Storage (PSA) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
PSA heads into Q1 earnings results with rising revenue forecasts and steady FFO growth, but same-store pressure and lowered estimates could temper expectations.
Public Storage (PSA) is a leading self-storage REIT, operating over 3,500 facilities and serving more than 2 million customers as of 2025. PSA announced an all-stock acquisition of National Storage Affiliates Trust (NSA), adding 1,000+ properties and expanding Sunbelt exposure. The deal, unanimously approved by both boards, is expected to close in Q3 2026, creating a $77 billion enterprise with 4,600 facilities.
California Public Employees Retirement System cut its holdings in Public Storage (NYSE: PSA) by 17.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 507,859 shares of the real estate investment trust's stock after selling 103,878 shares during
Gladstone Land (NASDAQ: LAND - Get Free Report) and Public Storage (NYSE: PSA - Get Free Report) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, institutional ownership and risk. Analyst Ratings This is a summary of recent