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AAPD's 3.43% Yield Looks Great Until You See the 40% Hangover
247Wallst· 2026-02-23 13:53
10,968,895+$9.52+7.32%$139.51[Enphase Energy][ENPH]• Vol: 5,731,126+$2.31+5.22%$46.56[Extra Space Storage][EXR]• Vol: 2,265,944+$6.66+4.56%$152.75[Expand Energy][EXE]• Vol: 5,913,083+$4.21+4.05%$108.06[Google][GOOGL]• Vol: 53,305,417+$12.13+4.01%$314.98## Top Losing Stocks[Akamai][AKAM]• Vol: 15,813,777-$15.4214.07%$94.17[CrowdStrike][CRWD]• Vol: 8,360,119-$33.547.95%$388.60[Oracle][ORCL]• Vol: 29,619,522-$8.465.40%$148.08[Paycom Software] [PAYC]• Vol: 1,936,773-$6.014.98%$114.71[Datadog][DDOG]• Vol: 4,548, ...
7 S&P 500 Stocks Gain The Most After Trump Tariffs Are Slapped Down
Investors· 2026-02-23 13:00
S&P 500: 7 Stocks Gain The Most After Trump Tariffs Get Slapped Down | Investor's Business DailyBREAKING: [Dow Reclaims Key Level Ahead Of Trump Speech]---Who benefits from the [Supreme Court slapping down] President Donald Trump's protectionist tariffs? Investors quickly looked for the winners.Shares of seven S&P 500 stocks — including Comfort Systems USA ([FIX]), Corning ([GLW]) and Sandisk ([SNDK]) — jumped 4% or more on Feb. 20, the day the Trump tariffs were ruled illegal, says an Investor's Business D ...
Social Security’s Disappointing 2026 COLA: The Numbers Don’t Lie
247Wallst· 2026-02-21 19:13
Social Security's Disappointing 2026 COLA: The Numbers Don't Lie - 24/7 Wall St.[S&P 5006,914.00 +0.78%][Dow Jones49,633.70 +0.54%][Nasdaq 10025,028.00 +0.99%][Russell 20002,665.63 +0.12%][FTSE 10010,735.40 +0.51%][Nikkei 22557,120.50 +0.05%][Investing]# Social Security's Disappointing 2026 COLA: The Numbers Don't Lie### Quick ReadThe 2.8% COLA is significantly smaller than the 8.7% in 2023 and 5.9% in 2022.Medicare premiums rising from $185 to $202.90 will consume a substantial portion of the benefit incre ...
Top 10 States That Get the Most Federal Dollars Per Resident
247Wallst· 2026-02-21 19:07
headquarters, making it a state that is heavily anchored by government spending and the well-paying jobs that often come with it.## 3. New Mexico- $21,481 per residentReceiving approximately $21,481 per capita in federal obligations, New Mexico is a big recipient of national defense and energy research with facilities like Los Alamos National Laboratory and other military installations. Of course, it doesn't hurt that New Mexico has a low cost of living, where retirement income stretches a little bit furthe ...
The 10 Counties With the Highest Property Taxes in California
247Wallst· 2026-02-21 19:06
Core Insights - California's effective property tax rate is 0.74%, lower than the national average of 0.99%, but high home values lead to substantial tax bills [1][2] - Proposition 13 caps property tax increases at 2% annually, but new buyers face taxes based on full market value, creating disparities in tax burdens across counties [1][2] Property Tax Overview - The median annual property tax in Marin County is the highest in California at $5,500, with a median home value of $1.47 million and an effective tax rate of 0.63% [2] - Santa Clara County has a median property tax of $4,694, with a median home value of $1.94 million, reflecting an effective rate of 0.75% [2] - San Mateo County, with the highest median home value over $2 million, has a median property tax of $4,424, showcasing the impact of Proposition 13 [2] County Rankings - Orange County ranks 10th with a median annual property tax of $3,404 and a median home value of $1.2 million [1] - Alameda County, home to Oakland and Berkeley, has a median property tax of $3,993, reflecting an effective rate of 1.21% [1] - San Francisco County has a median property tax of $4,311, driven by high home values and additional voter-approved bonds [1][2]
Extra Space Storage (EXR) Price Target Cut as Wells Fargo Flags Sector Caution
Yahoo Finance· 2026-02-21 13:56
Core Viewpoint - Extra Space Storage Inc. (NYSE:EXR) is recognized as one of the best real estate stocks to buy according to hedge funds, despite recent caution from Wells Fargo regarding the storage REIT sector [1][9]. Financial Performance - In Q4 2025, Extra Space reported core FFO growth of 2.5% for the quarter and 1.1% for the full year, indicating a slight improvement in operating conditions [3]. - Same-store revenue returned to growth, increasing by 0.4% during the quarter, supported by stronger revenue trends [3]. Market Conditions - CEO Joseph Margolis noted that 16 of the company's top 20 markets experienced year-over-year gains in move-in rates, suggesting improving customer demand [3]. - Wells Fargo expressed caution about the storage REIT sector, highlighting that stocks had already risen about 9% year-to-date due to optimism related to housing trends, but warned that 2026 outlooks might fall slightly below expectations [2]. Capital Allocation and Growth Strategy - The company repurchased approximately $141 million of its own shares, acquired 27 operating properties for $305 million, and issued $80 million in bridge loans, demonstrating a disciplined approach to capital allocation [4]. - The broad external growth platform of Extra Space is positioned to create opportunities across various channels, enhancing its competitive edge [4]. Cost Management - CFO Jeff Norman reported that same-store operating costs increased by only 1.1%, reflecting improved cost control measures [5]. - Property taxes decreased by 3.4%, and property operating expenses, including utilities, fell by more than 5%, contributing to overall cost management [5]. Marketing and Revenue Momentum - Increased marketing spending, although partially offsetting savings from cost control, has driven stronger move-in activity and supported revenue momentum heading into 2026 [6].
Extra Space Storage (EXR) Earnings Transcript
Yahoo Finance· 2026-02-20 19:40
Joseph Margolis: As they absorb the new supply that was delivered in the last few years. We feel better with regard to our positioning going into 2026 than we did heading into 2025, and in our ability to gradually accelerate performance as fundamentals continue to improve through 2026. I will now turn the time over to Jeffrey Norman.For the full year, we added 379 stores and 281 net new stores to the program, bringing our total managed portfolio to 1,856 stores. Our diversified external growth platform cont ...
What I'm Watching With CubeSmart Stock To See If It Beats The Market
The Motley Fool· 2026-02-19 02:15
Core Viewpoint - CubeSmart has underperformed compared to its peers and the market over the past decade, indicating a need for strategic changes to improve its competitive position in the self-storage industry [1][11]. Industry Overview - The self-storage industry has faced challenges due to increased supply from low interest rates post-pandemic, which has negatively impacted occupancy levels and rental rates [4]. - Recent signs indicate a potential recovery in the self-storage market, with CubeSmart reporting its first year-over-year increase in move-in rates since early 2022 [5]. Company Performance - CubeSmart is the third-largest self-storage REIT in the U.S., with a market share of 4.9%, significantly trailing behind Extra Space Storage (14.4%) and Public Storage (11.2%) [7][8]. - The company has struggled to differentiate itself from larger competitors, which have more effective growth strategies, such as Extra Space Storage's third-party management platform and Public Storage's in-house development program [8]. Growth Strategies - CubeSmart is exploring joint ventures to enhance growth, including a recent $250 million partnership with CBRE Investment Management aimed at high-growth markets [10]. - The company has $900 million invested across existing joint ventures, which could help accelerate its growth rate in the future [10].
Are Wall Street Analysts Bullish on Extra Space Storage Stock?
Yahoo Finance· 2026-02-17 14:26
Company Overview - Extra Space Storage Inc. (EXR) is a self-administered, self-managed REIT with a market cap of $31.1 billion, operating 4,238 stores across 43 states and Washington, D.C., offering nearly 326.9 million square feet of rentable space as of September 30, 2025 [1]. Stock Performance - Over the past 52 weeks, EXR shares have underperformed the broader market, dropping 5.2% compared to the S&P 500 Index's 11.8% increase, although YTD, shares are up 12.8%, outperforming the S&P 500's slight decline [2]. - The REIT has also lagged behind the State Street Real Estate Select Sector SPDR ETF (XLRE), which rose 3.5% over the same period [3]. Financial Performance - In Q3 2025, Extra Space Storage reported a core FFO of $2.08 per share, which was better than expected, but shares fell 4.9% the following day due to missing revenue expectations of $858.46 million for the quarter. Net income decreased 14.3% year-over-year to $0.78 per share, impacted by a $105.1 million loss on assets held for sale [6]. - For the fiscal year ending December 2025, analysts project a 10.5% decline in core FFO to $8.16 per share. The company's earnings surprise history is mixed, beating consensus estimates in three of the last four quarters [7]. Analyst Ratings and Price Targets - Among 20 analysts covering EXR, the consensus rating is a "Moderate Buy," consisting of six "Strong Buy" ratings, 13 "Holds," and one "Moderate Sell" [7]. - Wells Fargo has cut its price target on Extra Space Storage to $150 while maintaining an "Overweight" rating. The mean price target of $149.56 suggests a 2.2% premium to current price levels, while the highest price target of $178 indicates a potential upside of 21.6% [8].
Public Storage(PSA) - 2025 Q4 - Earnings Call Presentation
2026-02-13 17:00
1 4Q25 Earnings & 2026 Guidance Presentation including Leadership Announcements and PS4.0 Introduction Public Storage Executive Speakers Tom Boyle CEO Effective April 1st Joe Fisher President & CFO Effective February 16th 2 Joe Russell President & CEO Retiring March 31st Key Takeaways | Looking Back on Our Success | Industry leadership in Operations, Core FFO growth, and Total Shareholder return – A great foundation for future success | | --- | --- | | Self-Storage Industry Outlook | Strong long-term outloo ...