This article offers a thorough review of Public Storage (PSA), a prominent player in the self-storage real estate investment trust (REIT) sector. It delves into the company's financial health, recent strategic moves, and market valuation, providing a balanced perspective on its investment appeal. The analysis covers both the common stock and various preferred share offerings, aiming to guide investors through the complexities of the current economic landscape.
Unlock Value: Navigating Public Storage's Investment Landscape
Evaluating Public Storage's Current Market Standing and Financial Performance
Public Storage (PSA) is currently valued fairly within the market. While it operates as a robust self-storage REIT and offers a respectable dividend, the present risk-reward balance does not strongly favor new investments from a pure value perspective. The company demonstrated impressive financial performance in the first nine months of 2025, with Funds From Operations (FAD) per share increasing by approximately 9.7%. This solid growth prompted a second consecutive upward revision of its 2025 guidance. Furthermore, PSA has been active in expanding its portfolio, announcing plans for $1.3 billion in acquisitions and new developments for the same year.