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This Public Storage Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday - BOK Financial (NASDAQ:BOKF), CubeSmart (NYSE:CUBE)
Benzinga· 2026-01-26 13:50
Core Viewpoint - Top Wall Street analysts have revised their outlook on several prominent companies, indicating potential shifts in investment sentiment and opportunities in the market [1] Company Analysis - Analysts have provided insights on PSA stock, suggesting it may be a viable investment option based on recent evaluations [1]
What to Expect From Public Storage's Next Quarterly Earnings Report
Yahoo Finance· 2026-01-20 12:12
Core Viewpoint - Public Storage (PSA) is a leading self-storage REIT with a market cap of $51.6 billion, operating 3,399 facilities across 40 states, and is set to announce its fiscal fourth-quarter earnings for 2025 soon [1]. Financial Performance - Analysts anticipate PSA will report a Funds From Operations (FFO) of $4.23 per share for the upcoming quarter, a slight increase from $4.21 per share in the same quarter last year [2]. - For the full fiscal year, the expected FFO per share is $16.90, reflecting a 1.4% increase from $16.67 in fiscal 2024, with projections of $17.24 per share in fiscal 2026, marking a 2% year-over-year rise [3]. Stock Performance - PSA's stock has underperformed the S&P 500 Index, which gained 16.9% over the past 52 weeks, with PSA shares declining by 1.3% during the same period [4]. - The underperformance is attributed to weak industry demand, decreasing move-in rental rates, and rising operating costs amid economic uncertainties and a sluggish housing market [5]. Recent Earnings Report - On October 29, 2025, PSA shares fell by 3% after reporting Q3 results, with an FFO of $4.31 per share, exceeding Wall Street's expectation of $4.24 per share, and revenue of $1.22 billion, surpassing forecasts of $1.21 billion [6]. Analyst Ratings - The consensus opinion on PSA stock is moderately bullish, with a "Moderate Buy" rating. Out of 21 analysts, 11 recommend a "Strong Buy," while 10 suggest a "Hold." The average price target is $311, indicating a potential upside of 5.8% from current levels [7].
Key Reasons to Add Public Storage Stock to Your Portfolio Now
ZACKS· 2026-01-06 15:11
Core Insights - Public Storage (PSA) is a leading name in the self-storage industry, known for its strong brand value and presence in key U.S. metropolitan markets, benefiting from the recession-resilient nature of the self-storage sector which ensures stable revenues [1][8] Company Overview - Public Storage has acquired 260 facilities since early 2023 for $3.76 billion, adding 19 million rentable square feet and contributing a net operating income (NOI) of $46.3 million in Q3 2025 [8][9] - The Zacks Consensus Estimate for PSA's 2025 funds from operations (FFO) per share has increased by 1 cent to $16.91 over the past month, indicating positive analyst sentiment [2] Financial Strength - The company maintains a strong financial profile with low leverage, concluding Q3 2025 with a net debt and preferred equity to EBITDA ratio of 4.2X and an EBITDA to fixed charges ratio of 6.8X, supported by an "A" credit rating from S&P and an "A2" rating from Moody's [10] Industry Dynamics - The self-storage sector is characterized by low capital expenditures and strong operating margins, driven by favorable demographic trends such as population migration and an increasing share of renters, which enhance demand for self-storage solutions [5] - The industry is considered recession-resistant, providing a stable investment opportunity [5] Technological Advancements - Public Storage is leveraging technology to enhance operational efficiencies and revenue optimization, with sustained investments in digital initiatives expected to strengthen its competitive positioning [6]
?2026年REITs与房地产服务股票相对价值“分层” Federal(FRT.US)依托资本循环获小摩青睐
Zhi Tong Cai Jing· 2025-12-19 04:52
Core Viewpoint - Morgan Stanley has made significant adjustments to the ratings of nine popular investment targets in the REITs and real estate services sector for 2026, with seven downgrades and two upgrades, reflecting a more stratified rating distribution as the probability of a soft landing for the U.S. economy increases and the Fed's rate-cutting cycle is expected to continue [1][2]. Group 1: Downgraded Companies - Realty Income (O.US) rating downgraded from "Neutral" to "Underweight" due to its large scale making it difficult to achieve above-average profit growth compared to its net lease REIT peers [3]. - Public Storage (PSA.US) rating downgraded from "Overweight" to "Neutral" as improvements in core growth rates are expected to take longer and not follow a straight line [3]. - Welltower (WELL.US) rating downgraded from "Overweight" to "Neutral" based on a short-term stock price judgment rather than any deterioration in growth prospects [3]. - Regency Centers (REG.US) rating downgraded from "Overweight" to "Neutral," which is also a temporary stock trend judgment, as REG is still considered to have one of the best platforms in the REIT sector with optimistic long-term growth prospects [3]. - Kennedy Wilson (KW.US) rating downgraded from "Neutral" to "Underweight" due to limited upside potential from a pending privatization offer [4]. - UDR (UDR.US) rating downgraded from "Neutral" to "Underweight" [4]. - SmartStop (SMA.US) rating adjusted from "Overweight" to "Neutral" [4]. Group 2: Upgraded Companies - Federal Realty Investment Trust (FRT.US) rating upgraded from "Neutral" to "Overweight" as the company effectively recycles capital from mature assets into higher-quality retail assets, improving growth visibility for 2026 [5]. - Camden Property Trust (CPT.US) rating upgraded from "Underweight" to "Neutral" due to a stronger balance sheet providing greater flexibility for buybacks and development, significantly improving relative risk-reward compared to UDR [5].
2026年REITs与房地产服务股票相对价值“分层” Federal(FRT.US)依托资本循环获小摩青睐
Zhi Tong Cai Jing· 2025-12-19 04:11
Core Viewpoint - Morgan Stanley has made significant rating adjustments for nine popular investment targets in the REITs and real estate services sector, with seven downgrades and two upgrades, reflecting a more stratified rating distribution as the U.S. economy approaches a soft landing and the Federal Reserve's interest rate cut cycle is expected to continue [1][2]. Group 1: Downgraded Companies - Realty Income (O.US) rating downgraded from "Neutral" to "Underweight" due to its large scale making it difficult to achieve above-average profit growth compared to its net lease REIT peers [2]. - Public Storage (PSA.US) rating downgraded from "Overweight" to "Neutral" as improvements in core growth rate are expected to take longer and not follow a straight line [2]. - Welltower (WELL.US) rating downgraded from "Overweight" to "Neutral" based on a short-term stock price judgment rather than any deterioration in growth prospects [2]. - Regency Centers (REG.US) rating downgraded from "Overweight" to "Neutral," which is also a temporary stock trend judgment despite its strong long-term growth outlook [2]. - Kennedy Wilson (KW.US) rating downgraded from "Neutral" to "Underweight" due to limited upside from a pending privatization offer [3]. - UDR (UDR.US) rating downgraded from "Neutral" to "Underweight" [3]. - SmartStop (SMA.US) rating adjusted from "Overweight" to "Neutral" [3]. Group 2: Upgraded Companies - Federal Realty Investment Trust (FRT.US) rating upgraded from "Neutral" to "Overweight" as it effectively recycles capital from mature assets into higher-quality retail assets, improving growth visibility for 2026 [4]. - Camden Property Trust (CPT.US) rating upgraded from "Underweight" to "Neutral" due to its stronger balance sheet providing greater flexibility for buybacks and development in 2026, significantly improving relative risk-reward [4].
2026年REITs与房地产服务股票相对价值“分层” Federal(FRT.US)依托资本循环获小摩青睐
Zhi Tong Cai Jing· 2025-12-19 04:05
Core Viewpoint - Morgan Stanley has made significant rating adjustments for nine popular investment targets in the REITs and real estate services sector, with seven downgrades and two upgrades, reflecting a more stratified rating distribution as the U.S. economy approaches a soft landing and the Federal Reserve's interest rate cut cycle is expected to continue [1][2]. Group 1: Downgraded Companies - Realty Income (O.US) rating downgraded from "Neutral" to "Underweight" due to its large scale making it difficult to achieve above-average profit growth compared to its net lease REIT peers [3]. - Public Storage (PSA.US) rating downgraded from "Overweight" to "Neutral" as expectations for PSA's core growth rate improvement are likely to be prolonged and not linear [3]. - Welltower (WELL.US) rating downgraded from "Overweight" to "Neutral" based on a short-term stock price judgment rather than any deterioration in growth prospects [3]. - Regency Centers (REG.US) rating downgraded from "Overweight" to "Neutral," which is also a temporary stock trend judgment, as REG is still considered to have one of the best platforms in the REIT sector with optimistic long-term growth prospects [3]. - Kennedy Wilson (KW.US) rating downgraded from "Neutral" to "Underweight" due to limited upside potential from a pending privatization offer [4]. - UDR (UDR.US) rating downgraded from "Neutral" to "Underweight" [4]. - SmartStop (SMA.US) rating downgraded from "Overweight" to "Neutral" [4]. Group 2: Upgraded Companies - Federal Realty Investment Trust (FRT.US) rating upgraded from "Neutral" to "Overweight" as the company effectively recycles capital from mature assets into higher-quality retail assets, improving growth visibility for 2026 [5]. - Camden Property Trust (CPT.US) rating upgraded from "Underweight" to "Neutral" due to its stronger balance sheet providing greater flexibility for buybacks and development in 2026, significantly improving relative risk-reward [5].
Is Public Storage Stock Underperforming the S&P 500?
Yahoo Finance· 2025-12-03 09:53
Company Overview - Public Storage (PSA) is a real-estate investment trust (REIT) focused on self-storage facilities, offering month-to-month leases for personal and business use, along with ancillary services [1] - The company is headquartered in Glendale, California, and operates thousands of storage locations across the United States, with a market capitalization of approximately $47.9 billion [1][2] Market Position - Public Storage is classified as a "large-cap" stock, exceeding the $10 billion valuation threshold, and is recognized as a leading self-storage operator due to its extensive network [2] Stock Performance - The stock has decreased by 20.9% from its 52-week high of $345.10 reached in December 2024, and is down 5.2% over the past three months, underperforming the S&P 500 Index, which rose by 6.5% during the same period [3] - Over the past 52 weeks, PSA has slumped 20.6% and is down 8.8% year-to-date, lagging behind the S&P 500's returns of 12.9% and 16.1% respectively [4] - The stock has been trading below the 200-day moving average for most of the past year, with a brief period above it in October [4] Industry Challenges - The decline in Public Storage's stock in 2025 is attributed to soft industry demand, decreasing move-in rental rates, and rising operating costs [5] - The self-storage sector is facing challenges due to ongoing economic uncertainties and a subdued housing market, which significantly impacts storage demand [5] Recent Financial Performance - In Q3 2025, the company's core funds from operations (Core FFO) per share were reported at $4.31, reflecting a 2.6% increase from the same quarter last year [6] - However, the same-store performance showed weakness, with square foot occupancy dropping by approximately 0.5% to 92.2%, and same-store revenue remaining flat year-over-year at $948.9 million [6] - Concerns over same-store performance led to a 3% drop in stock price on October 29, followed by an additional 2.9% decline the next day [6]
Self-storage real estate has ‘close to zero’ correlation to the broader economy. That's a good thing
CNBC· 2025-11-20 13:10
Core Insights - Self-storage is identified as a low-risk, resilient investment sector, largely unaffected by interest rates, job growth, or income growth, according to Heitman's research [2] - Over the past 15 years, self-storage has outperformed other real estate sectors in net operating income, driven by factors such as lack of home space, moving, death, downsizing, and remodeling [3] - The correlation of self-storage REITs with traditional stock and bond portfolios is close to zero, indicating a low-risk profile for investors [4] Investment Drivers - The demand for self-storage is primarily driven by life events, including the aging U.S. population, growing millennial families, and downsizing baby boomers [5] - Despite a year-to-date decline of up to 16% in self-storage REIT stocks due to slower home sales and softer revenue growth, the sector is viewed as having favorable entry points for investment [4][5]
Is Wall Street Bullish or Bearish on Public Storage Stock?
Yahoo Finance· 2025-11-20 12:04
Core Viewpoint - Public Storage (PSA) has experienced significant underperformance compared to the broader market and its sector peers, despite reporting better-than-expected financial results for Q3 2023 [2][4]. Company Overview - Public Storage is a REIT based in Glendale, California, focused on acquiring, developing, owning, and operating self-storage facilities. The company has a market cap of $47.6 billion and operates 3,399 facilities across 40 states, totaling approximately 247 million net rentable square feet in the U.S. [1]. Stock Performance - Over the past year, PSA shares have declined by 20.4%, while the S&P 500 Index has increased by nearly 12.3%. Year-to-date in 2025, PSA stock is down 11.1%, contrasting with a 12.9% rise in the S&P 500 [2]. - PSA's performance is also lagging behind the Real Estate Select Sector SPDR Fund (XLRE), which has seen a decline of about 7% over the past year [3]. Financial Results - For Q3 2023, PSA reported a Funds From Operations (FFO) of $4.31 per share, exceeding Wall Street's expectation of $4.24. The company's revenue reached $1.22 billion, surpassing the forecast of $1.21 billion. PSA anticipates full-year FFO in the range of $16.70 to $17 per share [4]. Analyst Expectations - Analysts project PSA's FFO per share to grow by 1.2% to $16.87 for the current fiscal year ending in December. The company's FFO surprise history shows mixed results, beating estimates in three of the last four quarters [5]. - Among 21 analysts covering PSA, the consensus rating is a "Moderate Buy," with 13 "Strong Buy" ratings and eight "Holds" [5]. Price Targets - UBS analyst Michael Goldsmith maintained a "Neutral" rating on PSA, lowering the price target to $293, indicating a potential upside of 10.1%. The mean price target is $324.68, suggesting a 22% premium to current levels, while the highest price target of $350 indicates a potential upside of 31.5% [6].
Public Storage: You Can Lock 6% From The Preferreds 'Long Term' (NYSE:PSA)
Seeking Alpha· 2025-11-15 16:56
Group 1 - Public Storage (PSA) is one of the largest Real Estate Investment Trusts (REITs) globally, managing over 3,400 properties with more than 250 million square feet of leasable space [1] - The company has established a strong reputation in the market, indicating its reliability and stability in the REIT sector [1] - Denislav Iliev, an experienced day trader with over 15 years in the field, leads a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds [1] Group 2 - The investing group Trade With Beta, led by Denislav Iliev, offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1,200 equities, IPO previews, and hedging strategies [1] - The service includes an actively managed portfolio and a chat room for discussions among sophisticated traders and investors [1]