Self-Storage REITs: Stability Amid Pandemic [Seeking Alpha]
Public Storage (PSA)
Last public storage earnings: 4/30 04:00 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.publicstorage.com/home/default.aspx
Company Research
Source: Seeking Alpha
SummarySelf-storage have delivered impressive outperformance relative to other real estate sectors amid the ongoing coronavirus pandemic, proving to be an unexpected leader following a half-decade of lukewarm fundamentals.Low balance sheet leverage, high operating margins, and limited economic sensitivity of rental demand have been in-demand attributes within the REIT sector amid a time of immense economic uncertainty.Will rents get paid? Self-storage demand has proven to be incredibly "sticky" even during the depths of the prior Financial Crisis. Rents are essentially "collateralized" by a renter's stored possessions.With REIT-leading NOI margins of around 70%, the operating efficiency of the self-storage business is second to none in the real estate sector, where properties can break even at sub-50% occupancy rates.Supply growth, which had weakened self-storage fundamentals over the last half-decade, is poised to finally cool considerably. Acquisition and consolidation opportunitie
Show less
Read more
Impact Snapshot
Event Time:
PSA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSA alerts
High impacting Public Storage news events
Weekly update
A roundup of the hottest topics
PSA
News
- Public Storage (PSA): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Prism Construction Celebrates Multiple Milestones in Transforming the Lower Mainland's Commercial Landscape [Yahoo! Finance]Yahoo! Finance
- Is it Wise to Retain Public Storage Stock in Your Portfolio Now? [Yahoo! Finance]Yahoo! Finance
- Public Storage (NYSE: PSA) had its price target raised by analysts at Truist Financial Co. from $306.00 to $340.00. They now have a "hold" rating on the stock.MarketBeat
- Public Storage Stock Rises 26.8% in Six Months: Will the Trend Last? [Yahoo! Finance]Yahoo! Finance
PSA
Earnings
- 10/30/24 - Miss
PSA
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 144
- 12/3/24 - Form 8-K
- PSA's page on the SEC website