Workflow
Self - Storage
icon
Search documents
Mizuho Lifts National Storage (NSA) Price Target; Evercore Upgrades after $10.5B Deal News
Yahoo Finance· 2026-03-19 04:58
National Storage Affiliates Trust (NYSE:NSA) is included among the 14 Under-the-Radar High Dividend Stocks to Buy Now. Mizuho Lifts National Storage (NSA) Price Target; Evercore Upgrades after $10.5B Deal News On March 17, Mizuho raised its price recommendation on National Storage Affiliates Trust (NYSE:NSA) to $41 from $32. It kept a Neutral rating on the shares. That same day, Evercore ISI upgraded National Storage to In Line from Underperform and set a $41 price target. The move followed Public Stora ...
Scotiabank Raises CubeSmart (CUBE) Price Target, Awaits JV Activity for Upside
Yahoo Finance· 2026-03-18 05:24
CubeSmart (NYSE:CUBE) is included among the 14 Quality Stocks with Highest Dividends. Scotiabank Raises CubeSmart (CUBE) Price Target, Awaits JV Activity for Upside On March 13, Scotiabank analyst Viktor Fediv raised the firm’s price recommendation on CubeSmart (NYSE:CUBE) to $42 from $39. It maintained a Sector Perform rating on the shares. The analyst noted that CubeSmart will need to complete more joint venture transactions and provide clearer details on its future expansion plans before turning more ...
Public Storage (NYSE:PSA) Analyst Sets Price Target and Acquisition News
Financial Modeling Prep· 2026-03-16 22:07
Group 1 - Public Storage (NYSE: PSA) has a positive analyst outlook with a price target of $305, indicating a potential increase of 5.78% from its trading price of $288.33 on March 16, 2026 [1][6] - The company announced a significant acquisition of National Storage Affiliates (NYSE: NSA) in an all-stock transaction valued at approximately $10.5 billion, which will merge over 1,000 properties [2][6] - The merger will create a combined entity with a pro forma equity market capitalization of around $57 billion and a total enterprise value of approximately $77 billion, enhancing PSA's market position [2][6] Group 2 - Following the acquisition announcement, NSA shares surged nearly 28% to just under $40, while PSA shares declined by 3.6%, settling at $284 [3] - The transaction terms include NSA shareholders receiving 0.14 shares of PSA stock for each NSA share, implying a price of $41.68 per share [3] - The merger will establish a joint venture between Public Storage and NSA's operating partnership unitholders, including 313 properties across 28 states and Puerto Rico, with NSA OP unitholders anticipated to own 80% of this joint venture [4] Group 3 - Currently, PSA's stock price is $289.39, reflecting a decrease of approximately 2.80% from its previous price, with a market capitalization of approximately $50.79 billion [5]
Public Storage's Strategic Acquisition and Market Performance
Financial Modeling Prep· 2026-03-16 21:08
Core Viewpoint - Public Storage (NYSE:PSA) is enhancing its market position through the acquisition of National Storage Affiliates (NYSE:NSA) valued at approximately $10.5 billion, which is expected to strengthen its footprint in the self-storage industry [3][4][6] Company Overview - Public Storage is a leading self-storage company in the United States, operating thousands of facilities and providing secure storage solutions for individuals and businesses [1] Acquisition Details - PSA announced an all-stock acquisition of NSA valued at approximately $10.5 billion, with NSA shareholders receiving 0.14 shares of PSA stock for each NSA share, implying a price of $41.68 per share [3] - Following the acquisition announcement, NSA shares surged nearly 28% to just under $40, while PSA shares declined by 3.6%, settling at $284 [3] Combined Entity Projections - The acquisition will merge over 1,000 properties, encompassing 69 million rentable square feet and 550,000 units across 37 states and Puerto Rico [4] - The combined entity is projected to have a pro forma equity market capitalization of approximately $57 billion and a total enterprise value of roughly $77 billion [4][6] Joint Venture Formation - PSA and NSA's operating partnership unitholders will establish a joint venture, including 313 properties representing nearly 20 million rentable square feet across 28 states and Puerto Rico, with NSA OP unitholders anticipated to own 80% of this joint venture [5]
Why National Storage Affiliates Stock Soared Today
Yahoo Finance· 2026-03-16 20:25
Shares of National Storage Affiliates (NYSE: NSA) surged on Monday after the real estate investment trust (REIT) struck a deal to be acquired by Public Storage (NYSE: PSA). Image source: Getty Images. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » An enticing offer for National Storage Affiliates' shareholders Under the terms of the ...
Public Storage to acquire National Storage Affiliates in $10.5B deal
Proactiveinvestors NA· 2026-03-16 15:57
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Public Storage (NYSE:PSA) M&A announcement Transcript
2026-03-16 13:02
Public Storage (NYSE:PSA) M&A announcement March 16, 2026 08:00 AM ET Company ParticipantsDavid Cramer - President and CEOEric Wolfe - DirectorHong Zhang - VPJoe Fisher - President and CFOJoe Russell - President and CEOJuan Sanabria - Managing DirectorRavi Vaidya - VPRonald Kamdem - Managing Director and Head of US REITs and CRE ResearchRyan Burke - Director of Investor RelationsSamir Khanal - Director of US REITsSteve Sakwa - Senior Managing DirectorTom Boyle - CEOViktor Fediv - Senior Equity Research Asso ...
Public Storage (NYSE:PSA) Earnings Call Presentation
2026-03-16 12:00
Merger Presentation March 16, 2026 1 Transaction Summary | | ▪ | Combines #1 and #5 self-storage owners and operators — driving scale, brand, and customer experience | | --- | --- | --- | | Strategic | ▪ | Positions company to outperform as self storage fundamentals improve from cycle lows | | Combination | ▪ | PS4.0 leadership, competitive advantages, and incentives in place to drive growth | | | ▪ | Strategically establish a single brand strategy to simplify customer experience and enhance operating | | | ...
Public Storage to Acquire National Storage Affiliates in $5.7 Billion Stock Deal
WSJ· 2026-03-16 11:32
Group 1 - Public Storage has agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal [1] - The acquisition will create a storage-unit company with a combined market capitalization of $57 billion [1]
Public Storage to buy National Storage in all-stock deal (PSA:NYSE)
Seeking Alpha· 2026-03-16 11:22
The transaction is expected to be accretive to FFO per share within the first year and approximately $0.35-$0.50 per share accretive after three to four years from synergies. ...