Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
IPO Year:
Exchange: NASDAQ
Website: globalselfstorage.us
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/11/2022 | $7.00 | Buy | EF Hutton |
| 11/16/2021 | $6.25 → $7.00 | Buy | Aegis Capital |
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
4 - Global Self Storage, Inc. (0001031235) (Issuer)
SC 13G/A - Global Self Storage, Inc. (0001031235) (Subject)
SC 13G/A - Global Self Storage, Inc. (0001031235) (Subject)
SC 13G/A - Global Self Storage, Inc. (0001031235) (Subject)
SC 13G/A - Global Self Storage, Inc. (0001031235) (Subject)
SC 13G/A - Global Self Storage, Inc. (0001031235) (Subject)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
10-Q - Global Self Storage, Inc. (0001031235) (Filer)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
10-Q - Global Self Storage, Inc. (0001031235) (Filer)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
8-K - Global Self Storage, Inc. (0001031235) (Filer)
10-Q - Global Self Storage, Inc. (0001031235) (Filer)
ARS - Global Self Storage, Inc. (0001031235) (Filer)
EF Hutton initiated coverage of Global Self Storage with a rating of Buy and set a new price target of $7.00
Aegis Capital reiterated coverage of Global Self Storage with a rating of Buy and set a new price target of $7.00 from $6.25 previously
Aegis Capital reiterated coverage of Global Self Storage with a rating of Buy and set a new price target of $6.25 from $6.00 previously
Aegis Capital initiated coverage of Global Self Storage with a rating of Buy and set a new price target of $6.00
Peer-Leading Same-Store Revenue, Occupancy and NOI Growth Driven by Operational ExcellenceMILLBROOK, NY / ACCESSWIRE / November 8, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q3 2024 HighlightsTotal revenues increased 3.6% to a record $3.2 million.Net income increased 336% to a record $1.2 million or $0.10 per diluted share from $271,000 or $0.02 per diluted share.Same-store revenues increased 3.6% to a record $3.2 million.Same-store net operatin
MILLBROOK, NY / ACCESSWIRE / September 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2024.The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existin
Peer leading Same-Store Revenue and Occupancy Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / August 9, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the second quarter ended June 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q2 2024 HighlightsTotal revenues increased 0.7% to $3.1 million.Net income increased 2.3% to $592,000 or $0.05 per diluted share from $578,000 or $0.05 per diluted share.Same-store revenues increased 0.9% to $3.1 million.Same-store net operating income (NOI),a non-GAAP ter
MILLBROOK, NY / ACCESSWIRE / July 11, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has extended its $15 million revolving credit facility with The Huntington National Bank for another three years with a one-year extension option available thereafter.The revolving credit line bears interest on withdrawn funds at a rate equal to one-month SOFR plus 3.00%. It is secured by the company's properties in Millbrook, NY; West Henrietta, NY; Lima, OH; Fishers, IN; and Clinton, CT."Our robust balance sheet enables us to pursue growth through self-storage property acquisitions, joint venture
MILLBROOK, NY / ACCESSWIRE / June 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2024.The dividend is payable on June 28, 2024, to stockholders of record as of June 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties.
Board unanimously determined that the proposal significantly undervalues Global Self Storage and its prospects for growth and value creation, and is not in the best interests of the Company and its stockholdersBoard unanimously determined that the continued execution of the Company's strategic business plan is in the best interests of the Company and its stockholdersBoard unanimously affirmed it is not contemplating a sale of Global Self StorageMILLBROOK, NY / ACCESSWIRE / May 21, 2024 / Global Self Storage, Inc. (NASDAQ:SELF) (the "Company" or "Global Self Storage"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today announced
Same-Store Occupancy Up 3.4 Percentage Points to 91.3% and Strong Tenant Duration Despite Competitive Move-in Rate Environment MILLBROOK, NY / ACCESSWIRE / May 10, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 HighlightsTotal revenues were unchanged at $3.0 million.Net income decreased to $266,000 or $0.02 per diluted share from $993,000 or $0.09 per diluted share.Funds from operations (FFO) decreased 18.3% to $0.8 million or $0.08 p
No Stockholder Action Required at this Time MILLBROOK, NY / ACCESSWIRE / May 7, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), (the "Company"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today commented on the unsolicited, non-binding, and conditional acquisition proposal that it received today from Etude Storage Partners LLC to acquire all of the outstanding shares of the Company for $6.15 per share in cash.The proposal announced by Etude today is the third unsolicited, non-binding, and conditional acquisition proposal that Etude has submitted to Global Self Storage within the past ninety days. The Global Self Storage Board
Strong Occupancy Rates and Tenant Duration Drove Same-Store Revenue Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / March 26, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q4 2023 HighlightsTotal revenues decreased 2.7% to $3.0 million.Net income increased to $1.1 million or $0.10 per diluted share from $440,000 or $0.04 per basic and diluted share.Funds from operations (FFO) decreased 13.0% to $0.9 mi
MILLBROOK, NY / ACCESSWIRE / March 1, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the first quarter of 2024.The dividend is payable on March 28, 2024, to stockholders of record as of March 15, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties
Peer-Leading Same-Store Revenue, Occupancy and NOI Growth Driven by Operational ExcellenceMILLBROOK, NY / ACCESSWIRE / November 8, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q3 2024 HighlightsTotal revenues increased 3.6% to a record $3.2 million.Net income increased 336% to a record $1.2 million or $0.10 per diluted share from $271,000 or $0.02 per diluted share.Same-store revenues increased 3.6% to a record $3.2 million.Same-store net operatin
MILLBROOK, NY / ACCESSWIRE / September 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2024.The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existin
Peer leading Same-Store Revenue and Occupancy Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / August 9, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the second quarter ended June 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q2 2024 HighlightsTotal revenues increased 0.7% to $3.1 million.Net income increased 2.3% to $592,000 or $0.05 per diluted share from $578,000 or $0.05 per diluted share.Same-store revenues increased 0.9% to $3.1 million.Same-store net operating income (NOI),a non-GAAP ter
MILLBROOK, NY / ACCESSWIRE / July 11, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has extended its $15 million revolving credit facility with The Huntington National Bank for another three years with a one-year extension option available thereafter.The revolving credit line bears interest on withdrawn funds at a rate equal to one-month SOFR plus 3.00%. It is secured by the company's properties in Millbrook, NY; West Henrietta, NY; Lima, OH; Fishers, IN; and Clinton, CT."Our robust balance sheet enables us to pursue growth through self-storage property acquisitions, joint venture
MILLBROOK, NY / ACCESSWIRE / June 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2024.The dividend is payable on June 28, 2024, to stockholders of record as of June 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties.
Board unanimously determined that the proposal significantly undervalues Global Self Storage and its prospects for growth and value creation, and is not in the best interests of the Company and its stockholdersBoard unanimously determined that the continued execution of the Company's strategic business plan is in the best interests of the Company and its stockholdersBoard unanimously affirmed it is not contemplating a sale of Global Self StorageMILLBROOK, NY / ACCESSWIRE / May 21, 2024 / Global Self Storage, Inc. (NASDAQ:SELF) (the "Company" or "Global Self Storage"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today announced
Same-Store Occupancy Up 3.4 Percentage Points to 91.3% and Strong Tenant Duration Despite Competitive Move-in Rate Environment MILLBROOK, NY / ACCESSWIRE / May 10, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 HighlightsTotal revenues were unchanged at $3.0 million.Net income decreased to $266,000 or $0.02 per diluted share from $993,000 or $0.09 per diluted share.Funds from operations (FFO) decreased 18.3% to $0.8 million or $0.08 p
No Stockholder Action Required at this Time MILLBROOK, NY / ACCESSWIRE / May 7, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), (the "Company"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today commented on the unsolicited, non-binding, and conditional acquisition proposal that it received today from Etude Storage Partners LLC to acquire all of the outstanding shares of the Company for $6.15 per share in cash.The proposal announced by Etude today is the third unsolicited, non-binding, and conditional acquisition proposal that Etude has submitted to Global Self Storage within the past ninety days. The Global Self Storage Board
Proposal Represents a 47% Premium to Yesterday's Closing Price and a 45% Premium to the 30-day VWAP Etude Storage Partners LLC, a self-storage-focused investment firm, today sent the below letter to the Board of Directors of Global Self Storage, Inc. (NASDAQ:SELF) (the "Company"), which details its $6.15 per share all-cash, fully financed proposal to acquire the Company. May 7, 2024 Global Self Storage, Inc. 3814 Route 44 Millbrook, New York 12545 Attn: Board of Directors Dear Members of the Board: I am writing to you on behalf of Etude Storage Partners LLC (together with its affiliates, "ESP", "we" or "our"). We have been stockholders of Global Self Storage, Inc. ("SELF" or the "
Strong Occupancy Rates and Tenant Duration Drove Same-Store Revenue Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / March 26, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q4 2023 HighlightsTotal revenues decreased 2.7% to $3.0 million.Net income increased to $1.1 million or $0.10 per diluted share from $440,000 or $0.04 per basic and diluted share.Funds from operations (FFO) decreased 13.0% to $0.9 mi
Global Self Storage (NASDAQ:SELF) reported quarterly earnings of $0.08 per share. This is a 20 percent decrease over earnings of $0.10 per share from the same period last year. The company reported $3.03 million in sales this quarter. This is a 0.13 percent decrease over sales of $3.04 million the same period last year.
"After careful review of Etude's previous unsolicited, non-binding, and conditional acquisition proposals, it was clear to our entire Board that Etude is seeking to opportunistically exploit the challenging macro-economic operating environment currently impacting the valuation of publicly traded self-storage companies and thereby deprive our stockholders of the value currently inherent in the Company as well as the opportunity to benefit from the Company's significant upside potential as we continue to execute on our strategic business plan," said Mark C. Winmill, Chairman of the Board, Chief Executive Officer, and President.
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
Proposal Represents a 47% Premium to Yesterday's Closing Price and a 45% Premium to the 30-day VWAPEtude Storage Partners LLC, a self-storage-focused investment firm, today sent the below letter to the Board of Directors of Global Self Storage, Inc. (NASDAQ:SELF) (the "Company"), which details its $6.15 per share all-cash, fully financed proposal to acquire the Company.May 7, 2024Global Self Storage, Inc.3814 Route 44Millbrook, New York 12545Attn: Board of DirectorsDear Members of the Board:I am writing to you on behalf of Etude Storage Partners LLC (together with its affiliates, "ESP", "we" or "our"). We have been stockholders of Global Self Storage, Inc. ("SELF" or the "Company") for over
Investors eagerly anticipate the dividend payout from Global Self Storage (NASDAQ:SELF) on December 28, 2023. With a payout of $0.07 per share and an annualized dividend yield of 6.33%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 14, 2023 Global Self Storage Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left;
Industrial real estate investment trusts (REITs) specialize in owning and managing industrial properties such as warehouses, distribution centers and factories. REITs offer exposure to the industrial real estate sector, typically generating revenue through leasing properties to tenants in manufacturing, logistics and similar industries. The appeal of industrial REITs lies in their potential for stable rental income and property value appreciation. As publicly traded entities, they provide liquidity and accessibility to individual investors, unlike direct real estate investments. They also reflect broader economic and industrial trends, making them a top choice for diversified portfolios.