PSA
NYSE · Real Estate · REIT - Industrial · US
Research · Oct 16, 2026
[PSA] Public Storage: Q3 2026 earnings preview on same-store revenue recovery after the NSA merger
Public Storage earned Q2 2026 core FFO of $4.17 a share, down 2.6%, as same-store revenue fell 0.6%; Q3 tests whether rent recovery and the NSA merger lift per-share results.
Research · Sep 13, 2026
Public Storage AI Staffing Cuts Property Hours Over 30%
Public Storage says its AI staffing model cut property hours by over 30% and helped lower payroll, though incentives and other initiatives blur its impact.
Research · Sep 3, 2026
[PSA] Public Storage Thesis 2026: Self-Storage Demand Resets After Post-Pandemic Trough
Public Storage FY25 (Dec 31, 2025) at $4.82B revenue (+3%). NI $1.78B; EPS $9.01 (-15%). Core FFO $16.97/share (high end of guidance). Q4 same-store revenue -0.2%, NOI -1.5%. Major C-suite transition: Tom Boyle CEO + Joe Fisher President/CFO + Shankh Mitra Chairman. PS4.0 framework unveiled. FY26: core FFO $16.68 midpoint (-1.7%); SS revenue -1.1% / NOI -2.2%.