Public Storage upgraded by Deutsche Bank with a new price target

$PSA
Real Estate Investment Trusts
Real Estate
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Recent Analyst Ratings for
$PSA

DatePrice TargetRatingAnalyst
1/10/2025$298.00 → $299.00Sell → Hold
Deutsche Bank
9/10/2024$358.00Sector Perform
RBC Capital Mkts
8/5/2024$318.00Buy → Neutral
BofA Securities
8/1/2024$306.00Buy → Hold
Truist
4/5/2024$280.00 → $310.00Equal Weight → Overweight
Wells Fargo
3/28/2024$330.00Mkt Perform → Strong Buy
Raymond James
3/27/2024$330.00Overweight
Barclays
2/13/2024$267.00Sector Perform
Scotiabank
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$PSA
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  • Ki Corporation and Public Storage Offer a Premium to Acquire Abacus Storage King

    Ki Corporation ("Ki") and Public Storage (NYSE:PSA, the "Company")) (together, the "Consortium") announced today the submittal of a non-binding indicative offer (NBIO) to acquire all of the outstanding stapled securities of Abacus Storage King (ASX:ASK) that are not already held by Ki or its subsidiaries (together, the "Ki Group") for A$1.47 per stapled security. The Ki Group is currently ASK's major securityholder and each of Ki and Public Storage would have approximately 50% interest following the transaction. Abacus Storage King is one of the largest self-storage owners in Australia and New Zealand with approximately 126 operating properties, 21 development sites, and 75 managed/license

    $PSA
    Real Estate Investment Trusts
    Real Estate
  • Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2024

    Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2024. "Our fourth quarter performance reflected broad operational stabilization across the portfolio," said Joe Russell, President and Chief Executive Officer. "In the new year, we are inspired by the strength of the Los Angeles community in response to the fires and are fully supporting impacted customers and team members. Due to the associated pricing restrictions, our guidance anticipates an approximate $0.23 per share impact to Core FFO in 2025 while portfolio operations outside of Los Angeles continue to improve. Our completed Property of Tomorrow enhancement program, indust

    $PSA
    Real Estate Investment Trusts
    Real Estate
  • Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call

    Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A conference call is scheduled for Tuesday, February 25, 2025, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: (877) 407-9039 International dial-in number: (201) 689-8470 Webcast: Event Calendar     Conference call replay Domestic dial-in number: (844) 512-2921 International dial-in number: (412) 317-6671 Access ID: 13751502 Webcast: Event C

    $PSA
    Real Estate Investment Trusts
    Real Estate

$PSA
Analyst Ratings

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$PSA
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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Insider Trading

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$PSA
Leadership Updates

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  • Public Storage Appoints New Independent Trustee

    Public Storage (NYSE:PSA) (the "Company") announced today the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee. Ms. Hawthorne brings over 35 years of real estate industry experience, including extensive executive management, operational, and leadership development experience. Ms. Hawthorne has been a member of the board of directors of Essex Property Trust, Inc. (NYSE:ESS), a REIT that acquires, develops, redevelops, and manages multifamily residential properties, since March 2020, and of ASGN Incorporated (NYSE:ASGN), a le

    $ASGN
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    $PSA
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  • WillScot Mobile Mini Announces Appointment of Natalia Johnson to Board of Directors

    PHOENIX, Aug. 09, 2023 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. ("WillScot Mobile Mini" or the "Company") (NASDAQ:WSC), the North American leader in innovative flexible space and storage solutions, today announced the appointment of Natalia Johnson to the WillScot Mobile Mini Board of Directors, effective 8, 2023. Erik Olsson, Chairman of WillScot Mobile Mini, commented, "We are thrilled that Natalia Johnson is joining the WillScot Mobile Mini Board. Her appointment will continue to support our efforts to enhance and diversify our Board's skills, expertise, and knowledge. She is an energetic leader with a proven track record to identify, design, and execute strategic transf

    $PSA
    $WSC
    Real Estate Investment Trusts
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    Misc Corporate Leasing Services
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  • AECOM announces appointment of Kristy Pipes to its Board of Directors

    AECOM (NYSE:ACM), the world's trusted infrastructure consulting firm, announced today the appointment of Kristy Pipes to its Board of Directors. Ms. Pipes brings to the Board extensive management, financial and accounting experience, having held several senior leadership positions throughout her career, including most recently as Managing Director and CFO at Deloitte Consulting, a global management consulting firm. The appointment will be effective on October 1, 2022, and Ms. Pipes will become a member of the Audit Committee upon her appointment to the Board. "I am pleased to welcome Kristy Pipes to our Board of Directors," said Douglas Stotlar, AECOM's chairman of its Board of Directors.

    $ACM
    $EXLS
    $PSA
    Military/Government/Technical
    Consumer Discretionary
    Business Services
    Real Estate Investment Trusts

$PSA
Financials

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  • Ki Corporation and Public Storage Offer a Premium to Acquire Abacus Storage King

    Ki Corporation ("Ki") and Public Storage (NYSE:PSA, the "Company")) (together, the "Consortium") announced today the submittal of a non-binding indicative offer (NBIO) to acquire all of the outstanding stapled securities of Abacus Storage King (ASX:ASK) that are not already held by Ki or its subsidiaries (together, the "Ki Group") for A$1.47 per stapled security. The Ki Group is currently ASK's major securityholder and each of Ki and Public Storage would have approximately 50% interest following the transaction. Abacus Storage King is one of the largest self-storage owners in Australia and New Zealand with approximately 126 operating properties, 21 development sites, and 75 managed/license

    $PSA
    Real Estate Investment Trusts
    Real Estate
  • Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call

    Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A conference call is scheduled for Tuesday, February 25, 2025, at 9:00 a.m. (PT) to discuss these results. Live conference call Domestic dial-in number: (877) 407-9039 International dial-in number: (201) 689-8470 Webcast: Event Calendar     Conference call replay Domestic dial-in number: (844) 512-2921 International dial-in number: (412) 317-6671 Access ID: 13751502 Webcast: Event C

    $PSA
    Real Estate Investment Trusts
    Real Estate
  • Public Storage Announces Tax Treatment of 2024 Dividends

    Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2024 dividends. For the tax year ended December 31, 2024, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:   2024   1st Quarter   2nd Quarter   3rd Quarter   4th Quarter                 Ordinary Dividends 100.0000%   100.0000%   100.0000%   100.0000% Capital Gain Distributions 0.0000%   0.0000%   0.0000%   0.0000%               Total 100.0000%   100.0000%   100.000

    $PSA
    Real Estate Investment Trusts
    Real Estate

$PSA
Large Ownership Changes

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