PSA

In the past six months (April-October 2026), Public Storage announced its corporate relocation to Frisco, Texas, and released its Q4 and full-year 2025 results with a 2026 outlook in February 2026. In July 2026, the company announced the anticipated closing date for the acquisition of National Storage Affiliates (NSA). In September 2026, its share price declined 9.26% over 30 days and 11.23% over 90 days, despite an 11.43% year-to-date return. Analysts projected a 19.6% drop in 2026 self-storage deliveries and noted mixed operating results across major operators. Public Storage provided 2026 earnings guidance anticipating revenue growth (Same Store) of (2.2)% and net operating income growth of (3.9)% to (0.5)%. The company is scheduled to release its Q3 2026 earnings on October 26, 2026, and currently holds a 'Hold' consensus rating from analysts, with a target price of $325.11, suggesting an 11.9% upside from its October 9, 2026 price of $290.46.