PSA / Public Storage: The Preferred Dividends Are Well Covered

We're focusing on buying fixed rate preferred securities in anticipation of lower interest rates. Public Storage's Q3 results include just a few days more_horizontal

Public Storage (NYSE:PSA ) Q3 2023 Earnings Conference Call October 31, 2023 12:00 PM ET Company Participants Ryan Burke - Vice President, Investor Re more_horizontal

Public Storage's (PSA) Q3 results reflect an improvement in the realized annual rent per available square foot. The company has also raised its outloo more_horizontal

The headline numbers for Public Storage (PSA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhil more_horizontal

Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.33 per share, beating the Zacks Consensus Estimate of $4.21 per share. more_horizontal

Public Storage's (PSA) Q3 results are likely to reflect gains from high brand value and the company's solid presence in key cities, though a likely ri more_horizontal

Public Storage is a high-quality self-storage REIT with a strong balance sheet and impressive NOI growth. It benefits from an economy of scale and car more_horizontal

Strategic acquisitions, high brand value and a strong balance sheet are likely to support Public Storage (PSA). However, a rise in move-out rates and more_horizontal