Key Factors to Impact Public Storage Stock in Q3 Earnings
PSA's Q3 results are likely to reflect gains from high brand value and solid presence in key cities, though low demand and high interest expenses remain concerns.
Why You Should Retain Public Storage Stock in Your Portfolio Now
PSA is poised to gain from high brand value, strategic acquisitions and a robust presence in key cities, though soft demand and development boom are concerns.
Public Storage: The Multiple Has Expanded Too Much, Taking 25% Profits Home
In March 2024, I published a bullish piece on Public Storage as it had robust fundamentals and a historically depressed valuation in place. Since then, PSA has generated total returns of 25%. In the meantime, the organic earnings growth rate has still been negative.
This Top 4%-Yielding Dividend Stock Believes It's a Great Buy Right Now
Public Storage recently repurchased $200 million of its stock. The buyback reflected the REIT's confidence in its growth prospects.
Public Storage (PSA) Q2 2024 Earnings Call Transcript
Public Storage (NYSE:PSA ) Q2 2024 Earnings Conference Call July 31, 2024 12:00 PM ET Company Participants Ryan Burke - VP, IR and Strategic Partnerships Joe Russell - President and CEO Tom Boyle - CFO Conference Call Participants Steve Sakwa - Evercore ISI Juan Sanabria - BMO Capital Markets Nick Yulico - Scotiabank Jeff Spector - Bank of America Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Nick Joseph - Citi Keegan Carl - Wolfe Research Todd Thomas - KeyBanc Capital Markets Ki Bin Kim - Truist Securities Eric Luebchow - Wells Fargo Jonathan Hughes - Raymond James Mike Mueller - JPMorgan Spenser Allaway - Green Street Advisors Operator Greetings and welcome to Public Storage Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Public Storage (PSA) Beats Q2 FFO Estimates, Trims Guidance
Public Storage's (PSA) Q2 results reflect lower realized annual rent per occupied square foot and a decline in occupancy.
Public Storage (PSA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Public Storage (PSA) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Public Storage (PSA) Tops Q2 FFO Estimates
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.23 per share, beating the Zacks Consensus Estimate of $4.20 per share. This compares to FFO of $4.28 per share a year ago.
What's in Store for Public Storage (PSA) in Q2 Earnings?
Public Storage's (PSA) Q2 results are likely to reflect gains from high brand value and solid presence in key cities, though softening in demand and high interest expenses remain concerns.
Unveiling Public Storage (PSA) Q2 Outlook: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Public Storage (PSA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Public Storage (PSA) Rises 19% in 3 Months: Will the Trend Last?
While high brand value, strategic acquisitions, presence in key cities and a healthy balance sheet are key drivers for Public Storage (PSA), softening demand and high interest rates remain concerns.
4%-Yielding Public Storage - One Of The Best REITs On The Market
Public Storage stands out despite a mixed dividend history, thanks to its vast footprint and strategic expansion, making it a key player in the self-storage market. PSA's robust performance, leveraging technology and maintaining high occupancy rates, showcases its resilience amid economic challenges and strong future growth potential. Trading at a favorable valuation, PSA's projected double-digit returns reaffirm its status as a cornerstone of my investment strategy, solidifying its long-term value.
