Public Storage (PSA) has faced both rises and dips in the recent cycle, with Royal Bank of Canada slashing its price target to $329.00. Fourth quarter FFO lagged expectations, impacting overall same-store revenues. New investments in PSA have been reported by QRG Capital Management Inc. and Proficio Capital Partners LLC, while others like TCW Group Inc. and Private Advisor Group LLC offloaded their shares. PSA has updated its FY 2025 earnings guidance after Q4 earnings results fell short of expectations by $0.02 EPS. The company's share purchasing activity took a hit, as mentioned by several organizations including Y Intercept Hong Kong Ltd, Bank of New York Mellon Corp, and ING Groep NV. Despite soft Q4 earnings and impacts of wildfires projected for 2025, PSA has reported strong Q4 results and provided an optimistic guidance for 2025. A key driver in this scenario has been the SWOT analysis, which indicates strategic moves and mixed sentiments. Also, PSA is looking at solar to tap underused rooftop space.
Public Storage PSA News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 18:59:23 GMT -
Rating -3
- Innovation -1
- Information 3
- Rumor -2
