Public Storage
Public Storage is a Maryland real estate investment trust that owns, develops and operates self-storage facilities offering month-to-month rentals for personal and business use. At December 31, 2025, it held interests in and consolidated 3,171 facilities, with 229 million net rentable square feet, operating under the Public Storage® name across 40 states. It also manages facilities for third-party owners and sells merchandise, primarily locks and cardboard boxes, at its locations. Public Storage earns rental income from storage spaces, management fees from third-party facilities, and income from tenant reinsurance and bridge lending to third-party self-storage owners. Its reinsurance subsidiary assumes the risk of tenant policies covering stored goods. The company also holds a 35% interest in Shurgard Self Storage Limited, which operates facilities in Western Europe.
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No SEC Form 4 filings for $PSA in the last 30 days.
See all $PSA insider activity →Truist Securities kept Public Storage at Buy, raising its price target to $365 from $317, a 15.1% increase. This implies an 8.7% upside from the Nov 11 close of $335.73. Recent analyst targets range from $320 to $334.
Public Storage, Extra Space, CubeSmart, and SmartStop reported Q3 same-store revenue and NOI growth, the first time since 2024, according to TractIQ. Each raised full-year outlooks. Public Storage increased move-in rates, while others cut rates to fill units. NOI gains ranged from 0.5% to 4.9%. Recovery is attributed to lower supply and reduced churn, not stronger demand. Ancillary income and AI were highlighted as growth drivers. Buybacks exceeded acquisitions for most REITs.
Kimberly-Clark (KMB), Public Storage (PSA), and Vivmark Residential (VMRK) completed major mergers in 2026. KMB acquired Kenvue, PSA merged with National Storage Affiliates, and VMRK formed from Equity Residential and AvalonBay. Combined, a $120,000 investment yields $5,050 annually. Each company reports dividend payouts and financial metrics post-merger.
Over the past 7 days, AlphAI's AI scored 7 news stories mentioning PSA (Public Storage). Coverage has skewed bullish: 3 bullish, 4 neutral, and 0 bearish.
Recent PSA coverage spans financial news, corporate actions and sector analysis.
Target raise may lift PSA shares as investors price in higher upside.
Modest positive impact as NOI growth signals improving fundamentals.
Deal expands footprint but higher leverage may weigh on the REIT.
Leadership change may cause short-term uncertainty and modest stock pressure.
Leadership change may create short‑term uncertainty for Public Storage's digital transformation initiatives.
AlphAI scores every news story that mentions PSA with an AI model for sentiment and relevance, and aggregates insider trades from Public Storage's SEC EDGAR Form 4 filings. Figures refresh continuously.
Truist Securities kept Public Storage at Buy, raising its price target to $365 from $317, a 15.1% increase. This implies an 8.7% upside from the Nov 11 close of $335.73. Recent analyst targets range from $320 to $334.
Public Storage, Extra Space, CubeSmart, and SmartStop reported Q3 same-store revenue and NOI growth, the first time since 2024, according to TractIQ. Each raised full-year outlooks. Public Storage increased move-in rates, while others cut rates to fill units. NOI gains ranged from 0.5% to 4.9%. Recovery is attributed to lower supply and reduced churn, not stronger demand. Ancillary income and AI were highlighted as growth drivers. Buybacks exceeded acquisitions for most REITs.
Kimberly-Clark (KMB), Public Storage (PSA), and Vivmark Residential (VMRK) completed major mergers in 2026. KMB acquired Kenvue, PSA merged with National Storage Affiliates, and VMRK formed from Equity Residential and AvalonBay. Combined, a $120,000 investment yields $5,050 annually. Each company reports dividend payouts and financial metrics post-merger.
Public Storage's President and Chief Digital & Transformation Officer, Natalia N. Johnson, will depart on January 31, 2027. The company has not disclosed the reason for her departure or a replacement. Johnson will support the transition of her responsibilities to the CEO, CFO, and other senior leaders. This news was disclosed in an SEC filing on November 12, 2026.
Public Storage (PSA) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On November 11, 2026, Public Storage (the “Company”) and Natalia N. Johnson, the Company’s President, Chief Digital & Transf
Public Storage (PSA) filed an SEC Form 8-K — Other Events. Item 8.01. Other Events On November 9, 2026, Public Storage (the “Company”) filed a prospectus with the U.S. Securities and Exchange Commission (the “SEC”) relating to the potential resale, from time to time, by the selling securityholders named therein of up to 120,011 common sh
Public Storage Operating Company, a subsidiary of Public Storage, issued $500 million in 5.600% senior notes due in 2036. The unsecured notes are guaranteed by Public Storage and provide long-term debt financing. The notes pay interest semi-annually and were issued on November 6, 2026.
Public Storage (PSA) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry Into a Material Definitive Agreement On November 6, 2026, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of $500 million 5.600% Senior Notes due 2036 (the “Notes”). The Notes a
UBS kept Public Storage at Neutral but raised its price target to $334 from $294, a 13.6% increase. This implies a 2.6% downside from the Nov 4 close of $342.76. Recent analyst targets range from $294 to $323.
Public Storage (PSA) declared a $3.00 per share quarterly dividend, maintaining its previous payout. The forward yield is 3.6%. The dividend is payable on December 30 to shareholders of record on December 15. PSA also forecasted core FFO per share of $16.90-$17.10 for the year, integrating recent acquisitions and reporting Q3 earnings growth with raised guidance.
