Public Storage (PSA) continues to show
strong performance and has notably
beat estimates for Q3 earnings. The company's Q3 Core
FFO was $4.31 and it has recently acquired facilities worth $511M. Despite a declining share price in recent months, JP Morgan maintains its
buy rating for PSA. KeyBanc has reaffirmed a
hold rating on PSA. Multiple sources have noted that the
valuation of PSA is worth checking given the recent share price decline. Despite a recent loss streak, PSA's strong
dividend history makes it a solid retirement dividend stock. The market seems to be bullish for PSA, as the latest valuation shift indicates possible hidden value. However, a weakening net margin of 35.2% is testing bullish narratives related to the company's earnings quality.
Forecasts show optimism as PSA enters stable fundamentals and strong revenue growth amidst pricing adjustments.
Expansion plans are in effect despite price target cuts following Q2 results. The firm is striving to maximize
profits and acquisitions, and enhance income from stronger property. It has also begun to explore options for utilizing underutilized rooftop space via
solar energy.
Public Storage PSA News Analytics from Tue, 14 Jan 2025 08:00:00 GMT to Sat, 22 Nov 2025 17:48:40 GMT -
Rating 5
- Innovation -2
- Information 5
- Rumor 2
