Public Storage price target raised to $330 from $321 at Goldman Sachs
Goldman Sachs analyst Caitlin Burrows has increased the price target for Public Storage (PSA) to $330 from $321, maintaining a Buy rating. The upgrade comes after the company's strong Q4 results, highlighting its unique ability to acquire large asset volumes accretively using its low cost of capital and its consistent earnings growth through development across economic cycles.
Goldman Sachs Adjusts Price Target on Public Storage to $330 From $321, Maintains Buy Rating
Goldman Sachs has increased its price target for Public Storage (NYSE: PSA) from $321 to $330, while reiterating a Buy rating on the stock. This adjustment comes amidst recent financial news for Public Storage, including a dividend declaration and upcoming earnings call. The company is a leader in self-storage facilities and has reported Q4 2025 earnings and full-year 2026 guidance.
Active REIT ETF Surges 10% as Sector Stages Comeback
The ALPS Active REIT ETF (REIT) has seen a significant 10.4% surge year-to-date through mid-February 2026, marking a strong comeback for the real estate investment trust sector. This recovery is attributed to a reset in property values, a decline in new construction, and institutional investors rotating towards income-producing real assets. The actively managed REIT fund is strategically positioned to benefit from these trends, focusing on high-demand areas like data centers and healthcare while largely avoiding distressed office properties.
CTO Realty Growth (CTO) Exceeds Q4 Expectations with Strong Revenue
CTO Realty Growth (CTO) reported a strong fourth quarter, with FFO of $0.49 per share and revenue of $38.34 million, both exceeding analyst expectations. The company projects Core FFO per Common Share for 2026 to be between $1.98 and $2.03. While demonstrating solid revenue growth and strong liquidity, CTO faces challenges with a negative net margin and significant leverage, alongside sector-specific risks.
Americold (COLD) Q4 2025 Earnings Call Transcript
Americold Realty Trust reported its Q4 2025 earnings, with AFFO per share slightly above expectations. The company provided a 2026 AFFO guidance range of $1.20 to $1.30 per share, focusing on deleveraging the balance sheet, optimizing its global portfolio, and driving organic growth through new sector penetration. Management also highlighted significant cost reductions and a continued shift towards fixed-commitment contracts while acknowledging ongoing market headwinds.
W. P. Carey Announces Closing of Public Offering of Common Stock
W. P. Carey Inc. announced the closing of its underwritten public offering of 6,000,000 shares of its common stock, generating gross proceeds of $432 million. The company entered into forward sale agreements with Bank of America, N.A. and JPMorgan Chase Bank, National Association for these shares. W. P. Carey intends to use the net proceeds, upon settlement of the forward sale agreements, for potential future investments, debt repayment, and general corporate purposes.
REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach
Real Estate Investment Trusts (REITs), which underperformed in 2024 and 2025 due to rising interest rates, are poised for a significant rebound in 2026 as rate cuts approach. Brad Thomas of Wide Moat Research recommends seven REITs, including stable operators like Realty Income, Equinix, and Public Storage, and higher-risk, high-potential options such as Americold Realty Trust and Healthpeak Properties with specific catalysts for growth. This shift presents an opportunity for investors to position themselves early before valuations increase.
Ontario Teachers Pension Plan Board Sells 13,348 Shares of Public Storage $PSA
The Ontario Teachers Pension Plan Board reduced its stake in Public Storage (NYSE:PSA) by 63.3% in the third quarter, selling 13,348 shares and leaving them with 7,726 shares valued at $2.23 million. Other institutional investors like Vanguard Group Inc. and State Street Corp, however, increased their holdings in the real estate investment trust. Public Storage is also set to pay a quarterly dividend of $3.00 per share on March 31st.
Public Storage Charts a New Strategic Course Amid Leadership and Location Shifts
Public Storage is undergoing significant changes, including a major relocation, executive leadership succession, and a new digital-focused strategy. Tom Boyle will become CEO on April 1, with Joe Fisher recently appointed President and CFO. The company's board has also declared a regular quarterly dividend amidst this period of transformation.
Analysis of CubeSmart's Self-Storage Market Performance
CubeSmart (CUBE) has underperformed the market and its larger rivals over the past decade, holding only a 4.9% market share in the U.S. self-storage sector. Despite this, the company saw its first year-over-year increase in move-in rates since early 2022 in Q3, signaling a gradual market recovery. Joint ventures, such as a recent $250 million partnership with CBRE Investment Management, are highlighted as key opportunities for accelerating growth in high-growth markets for CubeSmart.
Public Storage shifts HQ from California to North Texas
Public Storage, the nation's largest self-storage landlord, is relocating its corporate headquarters from Glendale, California, to Frisco, Texas, occupying 119,000 square feet at Hall Park. This move coincides with a leadership transition, as CFO Tom Boyle will succeed retiring CEO Joe Russell, and is part of a broader strategic reset dubbed "PS4.0" which includes a new digital operating platform. The company cited North Texas' "depth of talent and innovation" as a key factor for the relocation.
Public Storage (NYSE:PSA) Declares $3.00 Quarterly Dividend
Public Storage (NYSE:PSA) has declared a quarterly dividend of $3.00 per share, resulting in an annualized dividend of $12.00 and a 4.0% yield. The company's current dividend payout ratio is 113.1%, indicating reliance on its balance sheet, but future earnings forecasts suggest a more sustainable payout ratio of 69.7%. Shares recently traded down by 1.1% to $298.72, with a market capitalization of $52.41 billion.
Public Storage (NYSE:PSA) Q4 2025 Earnings Call Transcript
Public Storage announced its Q4 2025 earnings and unveiled "PS4.0," a new strategic vision focusing on enhanced customer experience, optimized capital allocation, and a performance-driven culture. Leadership changes include Tom Boyle's promotion to CEO and Joe Fisher joining as President and CFO. The company delivered a core FFO of $4.26 per share for the quarter and $16.97 for the full year, while projecting a slight FFO decline for 2026 due to same-store NOI trends and refinancing activities, offset by non-same-store growth.
Skandinaviska Enskilda Banken AB publ Sells 48,726 Shares of Public Storage $PSA
Skandinaviska Enskilda Banken AB publ has reduced its stake in Public Storage (NYSE:PSA) by 46.3% during the third quarter, selling 48,726 shares and retaining 56,494 shares valued at $16.32 million. Public Storage also announced a quarterly dividend of $3.00 per share, representing an annualized dividend of $12.00 and a 4.0% yield. The company's shares are trading near $302, with analysts holding a consensus "Hold" rating and an average target price of $306.44.
Glenview Trust Co Trims Stake in Prologis, Inc. $PLD
Glenview Trust Co significantly reduced its stake in Prologis, Inc. (NYSE:PLD) by 38.9% in Q3, selling 12,845 shares and holding 20,192 shares valued at $2.312 million. Despite this, other institutional investors increased their positions in the real estate investment trust. Prologis raised its quarterly dividend to $1.07, and reported strong Q4 results with EPS meeting estimates and revenue exceeding expectations, setting a positive FY2026 guidance.
Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Stock Price Passes Below 200-Day Moving Average - Time to Sell?
Income Opportunity Realty Investors (NYSEAMERICAN:IOR) saw its stock price fall below its 200-day moving average on Tuesday, trading as low as $18.00 before closing at $18.8840. The company, a real estate investment trust focusing on income-producing retail properties, has a market capitalization of $76.86 million and a P/E ratio of 18.88. Analysts currently have a "Hold" rating on IOR, suggesting other stocks might be better buy opportunities.
Public Storage Will Relocate from Longtime SoCal Headquarters to Texas
Self-storage REIT Public Storage announced its corporate headquarters will move from Glendale, California, where it has been since 1972, to Frisco, Texas. The company stated this relocation is part of its PS4.0 strategic vision, aimed at leveraging North Texas's talent pool and supporting its growth, though it will retain a presence in Glendale. CFO and CIO Tom Boyle, soon to be CEO, highlighted the company's strong performance, digital advancements, and scalable growth within a fragmented market.
Public Storage will pay $3.00 a share in March dividend
Public Storage (NYSE: PSA) announced a regular quarterly common dividend of $3.00 per common share, payable on March 31, 2026, to shareholders of record as of March 16, 2026. The company also declared dividends for its preferred shares. Public Storage is a REIT that acquires, develops, owns, and operates self-storage facilities across 40 U.S. states and holds a significant interest in Shurgard Self Storage Limited in Europe.
Public Storage Declares First Quarter 2026 Dividends
Public Storage (NYSE:PSA) announced that its Board of Trustees declared a regular quarterly common dividend of $3.00 per common share for the first quarter of 2026. Dividends were also declared for various series of preferred shares. All dividends are payable on March 31, 2026, to shareholders of record as of March 16, 2026, with the announcement coming from Frisco, Texas via Business Wire.
Mixed-use project in Passaic County gets major financing for 90 luxury apartments, self-storage facility
JLL Capital Markets has secured a construction loan for the High Mountain Promenade, a mixed-use development in North Haledon, Passaic County. The project will include a large self-storage facility, 90 luxury apartments, and 4,400 square feet of retail space. First Bank is providing the financing, primarily for the self-storage phase, which will be managed by Public Storage.
UDR Stock: Quiet Apartment REIT May Be Setting Up Its Next Move
UDR Inc. (NYSE: UDR), a multifamily REIT, has been drifting while the S&P 500 hits new highs. The article explores whether UDR is a contrarian income play or a value trap for US investors, focusing on its sensitivity to interest rates, stable rental income, and analyst consensus. It suggests that UDR could be an attractive investment if interest rates stabilize or fall, appealing to income-focused investors comfortable with rate risk.
Heartland Advisors Inc. Boosts Holdings in EastGroup Properties, Inc. $EGP
Heartland Advisors Inc. increased its stake in EastGroup Properties (NYSE:EGP) by 40.4% in the third quarter, acquiring an additional 10,800 shares to own a total of 37,545 shares valued at approximately $6.36 million. Other institutional investors like Vanguard Group Inc. and State Street Corp also adjusted their holdings. The real estate investment trust currently has a "Moderate Buy" analyst rating and announced a quarterly dividend of $1.55 per share, yielding 3.2%.
Video Case Study: CubeSmart Nashville’s Award-Winning, Smart Self-Storage Facility, Powered by Nokē
This video case study highlights the CubeSmart facility on Dickerson Pike in Nashville, an award-winning smart self-storage facility designed by Farragut Investments and powered by Nokē Smart Entry. The 92,000-square-foot facility features 1,131 units with mobile access, digital key sharing, integrated doors, and climate control. The case study delves into why Farragut Investments chose smart technology, its integration during construction, and customer feedback on the Nokē system, emphasizing benefits like operational efficiency, enhanced security, and reduced costs.
Public Storage set to relocate corporate headquarters to Frisco from California
Public Storage, a self-storage company with 3,533 facilities nationwide, is relocating its corporate headquarters from California to Frisco, Texas. This move is part of the company's "PS4.0" initiative, which also includes leadership transitions such as Tom Boyle becoming the new CEO. The company aims to leverage the talent and innovation in the North Dallas area while maintaining a presence in Glendale, California.
Public Storage to relocate to North Texas
Public Storage, a company that has been based in Southern California for over 50 years, is reportedly relocating its operations to North Texas. The article, while brief, highlights this significant move for the company.
Public Storage, Ki Corp boost offer for Abacus Storage King to A$1.65/share
Public Storage and Ki Corp have increased their takeover offer for Abacus Storage King to A$1.65 per share, representing a 2.5% premium over the previous proposal and a 42% premium to Storage King's last closing price. This revised offer values Storage King at A$3.3 billion, and the board has unanimously recommended shareholders accept it.
North Texas Gets Another Major HQ As Public Storage Moves To Frisco
Public Storage, the largest self-storage company in the U.S., is moving its corporate headquarters from Glendale, Arizona, to Frisco, North Texas. The company will occupy a 119,000-square-foot office in the Hall Park business district. This relocation is part of a broader "PS4.0" transformation strategy and adds to Frisco's growing list of major corporate arrivals.
Rhumbline Advisers Sells 46,050 Shares of Rexford Industrial Realty, Inc. $REXR
Rhumbline Advisers reduced its stake in Rexford Industrial Realty by 6.3%, selling 46,050 shares and now holding 689,161 shares valued at approximately $28.33 million. This comes as CEO Michael S. Frankel also sold over 20,000 shares, and other institutional investors have adjusted their positions. Rexford recently increased its quarterly dividend to $0.435, despite a high payout ratio, and reported EPS that beat estimates, providing FY2026 guidance.
Aberdeen Group plc Cuts Position in Essex Property Trust, Inc. $ESS
Aberdeen Group plc reduced its stake in Essex Property Trust, Inc. (NYSE:ESS) by 9.1% in the third quarter, dropping its holdings to 184,420 shares valued at $48.87 million. Despite this, other institutional investors like Norges Bank, Daiwa Securities Group Inc., and Boston Partners significantly increased their positions in the real estate investment trust. Essex Property Trust reported Q3 earnings of $3.98 per share, slightly missing analyst estimates, but its revenue exceeded expectations at $479.63 million.
Aberdeen Group plc Cuts Stake in Public Storage $PSA
Aberdeen Group plc reduced its holdings in Public Storage (NYSE:PSA) by 3.9% in the 3rd quarter, selling 14,043 shares and now owning 0.20% of the company. Despite this reduction by one institutional investor, other hedge funds increased their positions in PSA. Analyst ratings are mixed, with a consensus "Hold" rating and an average target price of $306.63, while the company recently reported positive Q4 results, aggressive FY-2026 guidance, and a new strategic initiative called "PS4.0".
A Look At Public Storage (PSA) Valuation After CEO Transition And Launch Of PS4.0 Plan
Public Storage (PSA) is undergoing a leadership transition with CFO Tom Boyle being promoted to CEO, alongside the launch of its PS4.0 plan focused on operational, technological, and portfolio growth. While the stock currently trades at US$300.35, analysts suggest a fair value of around $306.67, indicating it's slightly undervalued. However, a discounted cash flow model points to a 34.6% discount from an estimated fair value of $459.29, suggesting a potential value gap despite its P/E ratio being higher than the industry average.
'Talent and innovation': Public Storage relocates HQ to Frisco
Public Storage, the world's largest self-storage company, is moving its corporate headquarters from Glendale, California, to Frisco, Texas. This relocation is part of a major expansion and leadership overhaul, dubbed 'PS4.0', which includes current CFO Tom Boyle succeeding Joe Russell as CEO. The company aims to enhance customer experience, foster an employee culture, and accelerate shareholder returns through initiatives like the PS Next digital platform.
Is National Storage Affiliates Trust (NSA) Pricing Look Attractive After Recent Share Price Moves
This article analyzes the valuation of National Storage Affiliates Trust (NSA) based on its recent share price performance. Using a Discounted Cash Flow (DCF) model, the stock appears to be undervalued by approximately 16.9%, with an intrinsic value of $40.26 per share compared to its current price of US$33.47. However, its Price/Earnings (P/E) ratio of 54.65x is significantly higher than the industry average, suggesting it might be overvalued by this metric.
Public Storage moves its headquarters to North Texas from California
Public Storage, a prominent self-storage company, has announced its decision to relocate its headquarters from California to North Texas. This move signifies a shift in the company's operational base to a new region. The article, while brief, highlights this significant corporate relocation.
Is Public Storage (PSA) Offering Value After Recent Share Price Strength?
Public Storage (PSA) has seen recent share price strength, returning 16.2% year to date. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 34.6% compared to its estimated intrinsic value of $459.29 per share. Its current P/E of 33.25x is also slightly below Simply Wall St's "Fair Ratio" of 34.47x, further indicating it may be undervalued.
Public Sector Pension Investment Board Acquires 23,302 Shares of Public Storage $PSA
The Public Sector Pension Investment Board increased its stake in Public Storage by 71.7% in Q3, acquiring 23,302 additional shares to own a total of 55,821 shares worth approximately $16.12 million. Public Storage recently reported strong Q4 results, raising its FY-2026 guidance and launching a new growth plan, though analysts currently maintain a "Hold" rating with an average target price of $306.63. Other institutional investors like National Pension Service, J.W. Cole Advisors Inc., Cornerstone Planning Group LLC, Jones Financial Companies Lllp, and Vanderbilt University have also modified their holdings in the company.
Caprock Group LLC Acquires Shares of 3,883 Public Storage $PSA
Caprock Group LLC has acquired 3,883 shares of Public Storage (NYSE:PSA) valued at approximately $1,144,000, establishing a new stake in the company. Public Storage recently exceeded Q4 estimates, increased its FY-2026 guidance, and introduced a strategic plan called PS4.0 aimed at fostering growth and value creation. Despite some near-term growth uncertainties, institutional investors hold a significant portion of its shares, and the stock currently has a "Hold" consensus rating from analysts with an average price target of $306.63.
Public Storage moving its HQ to North Texas
Public Storage, a prominent storage facility company, is reportedly moving its corporate headquarters from California to Frisco, North Texas. This information comes from a report by the Dallas Business Journal. The article briefly mentions that more details are available through the WFAA app.
Public Storage’s PS4.0 Pivot and Leadership Shake-Up Might Change The Case For Investing In PSA
Public Storage (NYSE:PSA) recently reported fourth-quarter results exceeding expectations but issued cautious 2026 guidance, projecting a decline in revenue and net operating income. Alongside this, the company unveiled its "PS4.0" transformation plan and announced a leadership transition, moving its headquarters and appointing a new CEO. These changes, focusing on technology and a reshaped executive team, signal a significant shift in Public Storage's strategy for long-term growth amidst near-term market softness.
Analysts Conflicted on These Real Estate Names: Ventas (VTR) and Public Storage (PSA)
Analysts are presenting mixed views on two real estate companies, Ventas (VTR) and Public Storage (PSA). Morgan Stanley maintained a Hold rating on Ventas, while Truist Financial maintained a Buy rating on Public Storage. The article details analyst ratings, price targets, and success rates for the covering analysts.
Public Storage (NYSE:PSA) Given Average Rating of "Hold" by Analysts
Eighteen analysts have issued a consensus "Hold" rating for Public Storage (NYSE:PSA), with an average 1-year price target of $306.63. The company recently reported strong Q4 results, exceeding FFO and revenue estimates, and raised its FY-2026 guidance while launching the "PS4.0" multi-year plan. However, some analysts have trimmed price targets or ratings due to mixed same-store trends and potential execution risks.
Extra Space Storage Declares Quarterly Dividend
Extra Space Storage has announced a quarterly dividend of $1.62 per share, maintaining consistency with previous distributions and indicating stable financial performance. The dividend offers a forward yield of 4.43% and is payable on March 31, with a record and ex-dividend date of March 16. This declaration comes amidst a recent downgrade by BofA to Underperform, citing a lack of clear demand recovery.
Public Storage To Relocate From California to North Texas, Announces C‑Suite Moves
Public Storage, a self-storage giant, is relocating its headquarters from Glendale, California, to Frisco, Texas, and enacting a new vision called "PS4.0." The move involves significant C-suite appointments and transitions, including Tom Boyle as the new CEO and Joe Fisher as President and CFO, aimed at capitalizing on North Texas's talent and innovation. This strategic shift emphasizes enhanced shareholder returns, superior customer experience, and capital allocation through digital platforms, expanded acquisitions, and a new incentive and accountability culture.
California-based Public Storage moving headquarters to North Texas
Public Storage, a California-based company, has announced its relocation of its corporate headquarters from Glendale to Frisco, Texas. The company cited the "depth of talent and innovation" in North Texas as a key reason for the move, while assuring a continued presence in Glendale. This relocation further contributes to the growth of Frisco's Hall Park, where the company plans to renovate approximately 119,000 square feet.
Public Storage Shares Edge Lower After Q4 Results Show Modest Revenue Growth, Weaker Same-Store Trends
Public Storage (PSA) shares edged lower after reporting Q4 and full-year 2025 results, which showed modest revenue growth but weaker same-store trends. While total revenues increased, same-store revenues and net operating income declined slightly due to lower occupancy and increased operating expenses. The company maintained a strong balance sheet and continued capital investments, but faces pressure from moderating demand in the self-storage sector.
Extra Space Storage Inc. Announces 1st Quarter 2026 Dividend
Extra Space Storage Inc. (NYSE: EXR) announced that its board of directors has declared a first quarter 2026 dividend of $1.62 per share. This dividend is payable on March 31, 2026, to stockholders of record as of March 16, 2026. The company, headquartered in Salt Lake City, is the largest operator of self-storage properties in the United States.
Does CubeSmart’s CBRE Storage Venture and Higher Leverage Change The Bull Case For CUBE?
CubeSmart has entered a US$250 million self-storage venture with CBRE Investment Management, with CubeSmart managing the properties. This new partnership, alongside CubeSmart's increased debt from a recent unsecured note issuance and slower dividend growth, raises questions for investors about the company's balance between expansion, balance sheet risk, and dividend sustainability. The article explores how these developments impact CubeSmart's growth and risk profile, noting that while the venture adds growth potential, it also highlights existing concerns regarding financial flexibility and income sustainability.
Public Storage: PS 4.0 ushers in leadership changes, digital focus, and robust capital deployment amid stable fundamentals
Public Storage is entering a new strategic era dubbed "PS 4.0," featuring leadership changes, a strong focus on digital transformation, improved customer experience, and disciplined capital allocation. The company achieved strong Core FFO and liquidity in 2025, and although 2026 guidance anticipates modest declines, improvements are expected as supply pressures ease and new initiatives gain traction. This strategic shift is based on insights from the Q4 2025 earnings call.
Public Storage: PS 4.0 launches with new leadership, digital focus, and strong liquidity despite modest 2026 outlook
Public Storage has launched "PS 4.0," a new initiative marked by leadership changes, a digital transformation focus, and the integration of AI. Despite a projected slight decline in 2026 Core FFO per share compared to 2025's $16.97, the company anticipates strong non-same-store growth. The report also highlights Public Storage's robust liquidity and strong balance sheet.
Public Storage Moving HQ To Texas, Changing Up Leadership
Public Storage, the world's largest self-storage owner, is relocating its headquarters from Glendale, California, to Frisco, Texas. This move coincides with significant leadership changes, including CEO Joe Russell's retirement and the appointment of Tom Boyle as the new CEO, alongside three co-presidents and new executives. The company also reported strong fourth-quarter earnings, beating analyst expectations with annual revenues of $1.2 billion.
