NYSE:PSASpecialized REITs
Public Storage’s PS4.0 Pivot and Leadership Shake-Up Might Change The Case For Investing In PSA
In February 2026, Public Storage reported fourth-quarter results that exceeded analyst expectations, issued 2026 guidance calling for a 2.2% same-store revenue decline and up to a 3.9% net operating income decline, unveiled its PS4.0 transformation plan, and detailed a leadership transition with CFO and CIO Tom Boyle becoming CEO as the company moves its headquarters from Glendale, California, to Frisco, Texas.
This combination of softer near-term guidance, a new technology-focused operating...