View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPublic Storage 향후 성장Future 기준 점검 2/6Public Storage (는) 각각 연간 4.8% 및 4.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 4.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 26.8% 로 예상됩니다.핵심 정보4.8%이익 성장률4.75%EPS 성장률Specialized REITs 이익 성장7.8%매출 성장률4.5%향후 자기자본이익률26.81%애널리스트 커버리지Good마지막 업데이트05 Aug 2024최근 향후 성장 업데이트공시 • Aug 01Public Storage Revises Earnings Guidance for the Year Ending December 31, 2024Public Storage revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revenue growth of (1.5)% to (0.5)% compared to prior guidance of (1.0)% to 1.0% and net operating income growth of (3.0)% to (1.3)% compared to prior guidance of (2.4)% to 0.7%.공시 • May 03Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.공시 • Feb 21Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.공시 • Oct 31Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023Public Storage revised earnings guidance for the year 2023. For the year, the company expects revenue growth of 4.00% to 4.75% compared to prior guidance of 3.25% to 5.00% and net operating income growth of 3.20% to 4.70% compared to prior guidance of 2.20% to 5.10%.모든 업데이트 보기Recent updates공시 • Aug 02Public Storage Declares Third Quarter 2024 Dividends, Payable on September 30, 2024Public Storage announced that on August 1, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on September 30, 2024, to shareholders of record as of September 13, 2024.공시 • Aug 01Public Storage Revises Earnings Guidance for the Year Ending December 31, 2024Public Storage revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revenue growth of (1.5)% to (0.5)% compared to prior guidance of (1.0)% to 1.0% and net operating income growth of (3.0)% to (1.3)% compared to prior guidance of (2.4)% to 0.7%.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$2.68 (vs US$3.01 in 2Q 2023)Second quarter 2024 results: EPS: US$2.68 (down from US$3.01 in 2Q 2023). Revenue: US$1.17b (up 3.9% from 2Q 2023). Net income: US$470.5m (down 11% from 2Q 2023). Profit margin: 40% (down from 47% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Specialized REITs industry.공시 • Jul 26Public Storage Appoints Maria R. Hawthorne to Board of Trustees and Member of the Audit CommitteePublic Storage announced the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee. Ms. Hawthorne brings over 35 years of real estate industry experience, including extensive executive management, operational, and leadership development experience. Ms. Hawthorne has been a member of the board of directors of Essex Property Trust Inc. since March 2020, and of ASGN Incorporated, since June 2021. She is a member of the audit committee of Essex Property Trust and is chair of the audit committee of ASGN. She served as a director of PS Business Parks Inc. from July 2016 until its sale in July 2022. Ms. Hawthorne previously served as President and Chief Executive Officer of PS Business Parks Inc. from August 2015 and July 2016, respectively, until her retirement in September 2020. Prior to her appointment as President and Chief Executive Officer, she served in various leadership roles at PS Business Parks since joining the company in 1988, including as Interim Chief Operating Officer, acting Chief Financial Officer, Chief Administrative Officer, and Executive Vice President, East Coast.공시 • Jul 17Public Storage to Report Q2, 2024 Results on Jul 30, 2024Public Storage announced that they will report Q2, 2024 results After-Market on Jul 30, 2024공시 • May 09Public Storage Declares Second Quarter 2024 Common Dividend, Payable on June 27, 2024Public Storage announced that on May 8, 2024, the company Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on June 27, 2024, to shareholders of record as of June 12, 2024.공시 • May 03Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$2.61 (vs US$2.67 in 1Q 2023)First quarter 2024 results: EPS: US$2.61 (down from US$2.67 in 1Q 2023). Revenue: US$1.16b (up 5.2% from 1Q 2023). Net income: US$459.2m (down 1.8% from 1Q 2023). Profit margin: 40% (down from 43% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Global Specialized REITs industry.공시 • Apr 05Public Storage to Report Q1, 2024 Results on Apr 30, 2024Public Storage announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 30, 2024공시 • Mar 26Public Storage, Annual General Meeting, May 07, 2024Public Storage, Annual General Meeting, May 07, 2024, at 11:00 US Eastern Standard Time. Location: Millennium Downtown 10007 New York New York United States Agenda: To elect eleven Trustees to Board of Trustees; to vote on an advisory resolution to approve the compensation of named executive officers (Say-on-Pay); to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting and any postponements or adjournments thereof.공시 • Feb 24Public Storage Declares Regular Quarterly Common Dividend, Payable on March 28, 2024Public Storage announced that on February 23, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on March 28, 2024, to shareholders of record as of March 13, 2024.공시 • Feb 21Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$11.11 (vs US$23.64 in FY 2022)Full year 2023 results: EPS: US$11.11 (down from US$23.64 in FY 2022). Revenue: US$4.52b (up 6.5% from FY 2022). Net income: US$1.95b (down 53% from FY 2022). Profit margin: 43% (down from 98% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Specialized REITs industry.공시 • Feb 01Public Storage to Report Q4, 2023 Results on Feb 20, 2024Public Storage announced that they will report Q4, 2023 results After-Market on Feb 20, 2024Recent Insider Transactions • Dec 03Chairman of the Board Trustees recently sold €2.4m worth of stockOn the 30th of November, Ronald Havner sold around 10k shares on-market at roughly €237 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ronald's only on-market trade for the last 12 months.Recent Insider Transactions • Nov 23Independent Trustee recently sold €1.2m worth of stockOn the 20th of November, Avedick Poladian sold around 5k shares on-market at roughly €237 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €570k more than they bought in the last 12 months.공시 • Nov 09Public Storage Declares Regular Common Quarterly Dividend, Payable on December 28, 2023Public Storage announced that on November 8, 2023, Board of Trustees declared a regular common quarterly dividend of $3.00 per common share. Dividend is payable on December 28, 2023, to shareholders of record as of December 13, 2023.New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 43% Last year net profit margin: 106% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (82% net debt to equity). Profit margins are more than 30% lower than last year (43% net profit margin).Reported Earnings • Oct 31Third quarter 2023 earnings released: FFO per share: US$4.6 (vs US$4.69 in 3Q 2022)Third quarter 2023 results: FFO per share: US$4.6 (down from US$4.69 in 3Q 2022). Revenue: US$1.15b (up 5.0% from 3Q 2022). Funds from operations (FFO): US$807.0m (down 1.8% from 3Q 2022). FFO margin: 70% (down from 75% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Specialized REITs industry.공시 • Oct 31Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023Public Storage revised earnings guidance for the year 2023. For the year, the company expects revenue growth of 4.00% to 4.75% compared to prior guidance of 3.25% to 5.00% and net operating income growth of 3.20% to 4.70% compared to prior guidance of 2.20% to 5.10%.공시 • Oct 06Public Storage to Report Q3, 2023 Results on Oct 30, 2023Public Storage announced that they will report Q3, 2023 results After-Market on Oct 30, 2023공시 • Sep 14Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT).Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization. Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Matt Rogers, Davis Coen, Nancy Mehlman, Andrew Blau, Kristy Fields, Lori Lesser and Ben Wells of Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income. Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) on September 13, 2023.Reported Earnings • Aug 03Second quarter 2023 earnings released: FFO per share: US$4.3 (vs US$4.61 in 2Q 2022)Second quarter 2023 results: FFO per share: US$4.3 (down from US$4.61 in 2Q 2022). Revenue: US$1.13b (up 7.0% from 2Q 2022). Funds from operations (FFO): US$756.6m (down 6.3% from 2Q 2022). FFO margin: 67% (down from 77% in 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Global Specialized REITs industry.공시 • Jul 25Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion.Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization. Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income.공시 • Jul 23Public Storage Announces Resignation of David Lee as Chief Operating Officer, Effective August 1, 2023On July 21, 2023, Public Storage announced that David Lee, the company’s chief operating officer, resigned for personal reasons, effective August 1, 2023.공시 • Jul 13Public Storage to Report Q2, 2023 Results on Aug 02, 2023Public Storage announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023이익 및 매출 성장 예측BUL:PUP - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20265,1332,059N/AN/A512/31/20254,8211,896N/AN/A912/31/20244,6631,842N/AN/A66/30/20244,6591,8802,9913,228N/A3/31/20244,6091,9402,9783,215N/A12/31/20234,5461,9493,0093,247N/A9/30/20234,4761,9222,9433,191N/A6/30/20234,4214,0713,2183,243N/A3/31/20234,3474,1463,1333,158N/A12/31/20224,2404,1423,0923,117N/A9/30/20224,0914,3382,9353,110N/A6/30/20223,9102,0682,6922,867N/A3/31/20223,7051,8112,5162,691N/A12/31/20213,6481,7322,3692,544N/A9/30/20213,3071,4672,3122,327N/A6/30/20213,1481,2712,1562,171N/A3/31/20213,0281,1712,0742,089N/A12/31/20202,9961,0982,0282,043N/A9/30/20202,9691,1332,0302,030N/A6/30/20202,9621,2242,0552,055N/A3/31/20202,9611,2842,0612,061N/A12/31/20192,9251,2732,0492,068N/A9/30/20192,8891,4762,0482,060N/A6/30/20192,8651,4612,0882,100N/A3/31/20192,8751,5032,0632,075N/A12/31/20182,8251,4892,0642,064N/A9/30/20182,8361,2932,0272,045N/A6/30/20182,8151,2501,9721,990N/A3/31/20182,7621,178N/A1,975N/A12/31/20172,7441,172N/A1,973N/A9/30/20172,7171,190N/A1,968N/A6/30/20172,6941,220N/A1,946N/A3/31/20172,6531,224N/A1,963N/A12/31/20162,6141,184N/A1,945N/A9/30/20162,5901,134N/A1,917N/A6/30/20162,5411,099N/A1,873N/A3/31/20162,4921,082N/A1,807N/A12/31/20152,4191,053N/A1,748N/A9/30/20152,3791,034N/A1,751N/A6/30/20152,329992N/A1,706N/A3/31/20152,275947N/A1,644N/A12/31/20142,229908N/A1,604N/A9/30/20142,191868N/A1,544N/A6/30/20142,136868N/A1,484N/A3/31/20142,092857N/A1,452N/A12/31/20132,023845N/A1,430N/A9/30/20131,992810N/A1,370N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PUP 의 연간 예상 수익 증가율(4.8%)이 saving rate(3%)보다 높습니다.수익 vs 시장: PUP 의 연간 수익(4.8%)이 BG 시장(12.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: PUP 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: PUP 의 수익(연간 4.5%)이 BG 시장(연간 5.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: PUP 의 수익(연간 4.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PUP의 자본 수익률은 3년 후 26.8%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/08/08 02:17종가2024/08/08 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Public Storage는 44명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jacob KilsteinArgus Research CompanyRichard MilliganBairdRoss SmotrichBarclays41명의 분석가 더 보기
공시 • Aug 01Public Storage Revises Earnings Guidance for the Year Ending December 31, 2024Public Storage revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revenue growth of (1.5)% to (0.5)% compared to prior guidance of (1.0)% to 1.0% and net operating income growth of (3.0)% to (1.3)% compared to prior guidance of (2.4)% to 0.7%.
공시 • May 03Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.
공시 • Feb 21Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.
공시 • Oct 31Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023Public Storage revised earnings guidance for the year 2023. For the year, the company expects revenue growth of 4.00% to 4.75% compared to prior guidance of 3.25% to 5.00% and net operating income growth of 3.20% to 4.70% compared to prior guidance of 2.20% to 5.10%.
공시 • Aug 02Public Storage Declares Third Quarter 2024 Dividends, Payable on September 30, 2024Public Storage announced that on August 1, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on September 30, 2024, to shareholders of record as of September 13, 2024.
공시 • Aug 01Public Storage Revises Earnings Guidance for the Year Ending December 31, 2024Public Storage revised earnings guidance for the year ending December 31, 2024. For the year, the company expects revenue growth of (1.5)% to (0.5)% compared to prior guidance of (1.0)% to 1.0% and net operating income growth of (3.0)% to (1.3)% compared to prior guidance of (2.4)% to 0.7%.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$2.68 (vs US$3.01 in 2Q 2023)Second quarter 2024 results: EPS: US$2.68 (down from US$3.01 in 2Q 2023). Revenue: US$1.17b (up 3.9% from 2Q 2023). Net income: US$470.5m (down 11% from 2Q 2023). Profit margin: 40% (down from 47% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Specialized REITs industry.
공시 • Jul 26Public Storage Appoints Maria R. Hawthorne to Board of Trustees and Member of the Audit CommitteePublic Storage announced the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee. Ms. Hawthorne brings over 35 years of real estate industry experience, including extensive executive management, operational, and leadership development experience. Ms. Hawthorne has been a member of the board of directors of Essex Property Trust Inc. since March 2020, and of ASGN Incorporated, since June 2021. She is a member of the audit committee of Essex Property Trust and is chair of the audit committee of ASGN. She served as a director of PS Business Parks Inc. from July 2016 until its sale in July 2022. Ms. Hawthorne previously served as President and Chief Executive Officer of PS Business Parks Inc. from August 2015 and July 2016, respectively, until her retirement in September 2020. Prior to her appointment as President and Chief Executive Officer, she served in various leadership roles at PS Business Parks since joining the company in 1988, including as Interim Chief Operating Officer, acting Chief Financial Officer, Chief Administrative Officer, and Executive Vice President, East Coast.
공시 • Jul 17Public Storage to Report Q2, 2024 Results on Jul 30, 2024Public Storage announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
공시 • May 09Public Storage Declares Second Quarter 2024 Common Dividend, Payable on June 27, 2024Public Storage announced that on May 8, 2024, the company Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on June 27, 2024, to shareholders of record as of June 12, 2024.
공시 • May 03Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$2.61 (vs US$2.67 in 1Q 2023)First quarter 2024 results: EPS: US$2.61 (down from US$2.67 in 1Q 2023). Revenue: US$1.16b (up 5.2% from 1Q 2023). Net income: US$459.2m (down 1.8% from 1Q 2023). Profit margin: 40% (down from 43% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Global Specialized REITs industry.
공시 • Apr 05Public Storage to Report Q1, 2024 Results on Apr 30, 2024Public Storage announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 30, 2024
공시 • Mar 26Public Storage, Annual General Meeting, May 07, 2024Public Storage, Annual General Meeting, May 07, 2024, at 11:00 US Eastern Standard Time. Location: Millennium Downtown 10007 New York New York United States Agenda: To elect eleven Trustees to Board of Trustees; to vote on an advisory resolution to approve the compensation of named executive officers (Say-on-Pay); to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting and any postponements or adjournments thereof.
공시 • Feb 24Public Storage Declares Regular Quarterly Common Dividend, Payable on March 28, 2024Public Storage announced that on February 23, 2024, Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. All the dividends are payable on March 28, 2024, to shareholders of record as of March 13, 2024.
공시 • Feb 21Public Storage Provides Earnings Guidance for the Year 2024Public Storage provided earnings guidance for the year 2024. For the year, the company expects revenue growth of (1.0)% to 1.0%, net operating income growth of (2.4)% to 0.7%.
Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$11.11 (vs US$23.64 in FY 2022)Full year 2023 results: EPS: US$11.11 (down from US$23.64 in FY 2022). Revenue: US$4.52b (up 6.5% from FY 2022). Net income: US$1.95b (down 53% from FY 2022). Profit margin: 43% (down from 98% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Specialized REITs industry.
공시 • Feb 01Public Storage to Report Q4, 2023 Results on Feb 20, 2024Public Storage announced that they will report Q4, 2023 results After-Market on Feb 20, 2024
Recent Insider Transactions • Dec 03Chairman of the Board Trustees recently sold €2.4m worth of stockOn the 30th of November, Ronald Havner sold around 10k shares on-market at roughly €237 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ronald's only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 23Independent Trustee recently sold €1.2m worth of stockOn the 20th of November, Avedick Poladian sold around 5k shares on-market at roughly €237 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €570k more than they bought in the last 12 months.
공시 • Nov 09Public Storage Declares Regular Common Quarterly Dividend, Payable on December 28, 2023Public Storage announced that on November 8, 2023, Board of Trustees declared a regular common quarterly dividend of $3.00 per common share. Dividend is payable on December 28, 2023, to shareholders of record as of December 13, 2023.
New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 43% Last year net profit margin: 106% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (82% net debt to equity). Profit margins are more than 30% lower than last year (43% net profit margin).
Reported Earnings • Oct 31Third quarter 2023 earnings released: FFO per share: US$4.6 (vs US$4.69 in 3Q 2022)Third quarter 2023 results: FFO per share: US$4.6 (down from US$4.69 in 3Q 2022). Revenue: US$1.15b (up 5.0% from 3Q 2022). Funds from operations (FFO): US$807.0m (down 1.8% from 3Q 2022). FFO margin: 70% (down from 75% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Specialized REITs industry.
공시 • Oct 31Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023Public Storage revised earnings guidance for the year 2023. For the year, the company expects revenue growth of 4.00% to 4.75% compared to prior guidance of 3.25% to 5.00% and net operating income growth of 3.20% to 4.70% compared to prior guidance of 2.20% to 5.10%.
공시 • Oct 06Public Storage to Report Q3, 2023 Results on Oct 30, 2023Public Storage announced that they will report Q3, 2023 results After-Market on Oct 30, 2023
공시 • Sep 14Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT).Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization. Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Matt Rogers, Davis Coen, Nancy Mehlman, Andrew Blau, Kristy Fields, Lori Lesser and Ben Wells of Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income. Public Storage (NYSE:PSA) completed the acquisition of Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) on September 13, 2023.
Reported Earnings • Aug 03Second quarter 2023 earnings released: FFO per share: US$4.3 (vs US$4.61 in 2Q 2022)Second quarter 2023 results: FFO per share: US$4.3 (down from US$4.61 in 2Q 2022). Revenue: US$1.13b (up 7.0% from 2Q 2022). Funds from operations (FFO): US$756.6m (down 6.3% from 2Q 2022). FFO margin: 67% (down from 77% in 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Global Specialized REITs industry.
공시 • Jul 25Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion.Public Storage (NYSE:PSA) entered into an agreement to acquire Simply Storage Management, LLC from Blackstone Real Estate Income Trust, Inc. (OTCPK:BSTT) for $2.2 billion on July 24, 2023. Public Storage will fund this acquisition with unsecured debt. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the third quarter of 2023. The transaction is expected to be accretive to 2024 Core FFO per share with accretion accelerating to 1% through stabilization. Eastdil Secured acted as financial advisor to Public Storage and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors to Public Storage. Wells Fargo, Newmark Group, Inc., BMO Capital Markets and Sumitomo Mitsui Banking Corporation acted as financial advisor to Blackstone Real Estate Income. Simpson Thacher & Bartlett LLP acted as legal advisor to Blackstone Real Estate Income.
공시 • Jul 23Public Storage Announces Resignation of David Lee as Chief Operating Officer, Effective August 1, 2023On July 21, 2023, Public Storage announced that David Lee, the company’s chief operating officer, resigned for personal reasons, effective August 1, 2023.
공시 • Jul 13Public Storage to Report Q2, 2023 Results on Aug 02, 2023Public Storage announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023