The Latest Breaking News from Public Storage

REITs Public Storage (PSA) and Realty Income Corporation (O) are scheduled to release their fourth-quarter financials on February 21. We assess the two REIT’s fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

For a winning blend of income and growth potential, now is your chance to scoop up top-quality dividend aristocrats like McDonald's and Public Storage at discounted prices.

Mergers and acquisitions are off to a hot start in February as major gold miners and public storage REITs propose $28 billion in deals.

The Dow Jones dropped 175 points Monday, as Tesla stock rallied after CEO Elon Musk's not-liable verdict and his comments on Twitter.

Interest rate hikes resulted in third-quarter losses for most real estate investment trusts (REITs). With the Federal Reserve taking short-term rates up by 0.75% and 30-year fixed mortgage rates nearing 7%, REITs headed down in price. The expectation that even higher rates are on the way is not helping.

Real estate investment trusts (REITs) are well-positioned to benefit from the strong demand, rising property prices, and increasing rental income. Moreover, amid heightened market uncertainty, investing in REITs is a smart decision to ensure a steady income stream as they must annually distribute at least 90% of their taxable income…

 

Realty Income Corp.'s (NYSE: O) second-quarter 2022 results are slated for an Aug 3 release after the bell. The company's quarterly results are likely to display increases in revenues and funds from operations (FFO) per share.

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years by 4.33% on an annualized basis producing an average annual return of 11.42%. Currently, Public Storage has a market capitalization of $54.87 billion.

Public Storage (NYSE:PSA) has observed the following analyst ratings within the last quarter:

Public Storage's (NYSE:PSA) short percent of float has risen 5.03% since its last report. The company recently reported that it has 2.58 million shares sold short, which is 1.67% of all regular shares that are available for trading.