|Bid||263.51 x 800|
|Ask||264.67 x 800|
|Day's range||263.00 - 267.42|
|52-week range||262.75 - 316.48|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||11.43|
|Earnings date||30 Oct 2023 - 03 Nov 2023|
|Forward dividend & yield||12.00 (4.56%)|
|Ex-dividend date||12 Sept 2023|
|1y target est||327.00|
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 elevated interest rates remain headwinds.
Redefining the self-storage landscape and leveraging its brand for exponential growth, Public Storage (PSA) completes the $2.2 billion Simply Self Storage acquisition.
GLENDALE, Calif. & NEW YORK, September 13, 2023--Public Storage (NYSE:PSA) (the "Company") announced today that it has completed the previously announced acquisition of Simply Self Storage ("Simply") from Blackstone Real Estate Income Trust, Inc. ("BREIT") for $2.2 billion.