Welcome to our dedicated page for Public Storage news (Ticker: PSA), a resource for investors and traders seeking the latest updates and insights on Public Storage stock.
Public Storage reports news on its self-storage REIT operations, dividend actions, operating results, and capital allocation initiatives. The company primarily acquires, develops, owns, and operates self-storage facilities across the United States and holds a common equity interest in Shurgard Self Storage, which operates facilities in Western Europe under the Shurgard brand.
Recurring developments include quarterly common and preferred share dividends, earnings releases and conference calls, capital-structure updates, governance and leadership matters, and initiatives tied to operating analytics, revenue management, customer behavior modeling, demand forecasting, and the company’s PS4.0 strategy.
Molina Healthcare (NYSE: MOH), currently in the S&P SmallCap 600, will join the S&P MidCap 400, replacing National Storage Affiliates Trust (NYSE: NSA), effective before the market opens on Wednesday, July 22, 2026. At the same time, Construction Partners (NASD: ROAD) will enter the S&P SmallCap 600, replacing Molina Healthcare in that index.
According to S&P Dow Jones Indices, these changes are tied to S&P 500 constituent Public Storage (NYSE: PSA) acquiring National Storage Affiliates Trust, with the deal expected to close on or about the effective date, subject to final conditions.
Public Storage (NYSE: PSA) reported that National Storage Affiliates Trust (“NSA”) common shareholders approved Public Storage’s proposed acquisition of NSA at a special meeting held on July 14, 2026. Together with prior approval from a majority of NSA operating partnership unitholders (excluding units held by NSA or its subsidiaries), the transaction has now received the required NSA equity-holder consents that are conditions to closing.
Public Storage expects the acquisition to close on July 22, 2026, subject to satisfaction of customary closing conditions. The release also identifies the financial, legal, real estate financing, and strategic communications advisors engaged by both Public Storage and NSA, and reiterates extensive forward-looking statement cautions and risk factors related to completing and integrating the transaction.
Public Storage (NYSE:PSA) priced a public offering by subsidiary Public Storage Operating Company of $900 million fixed-rate senior notes, guaranteed by the company, in two tranches with a weighted average effective interest rate of 4.855%, including interest rate swaps.
The 2032 tranche totals $400 million, carries a 4.700% coupon, is priced at 99.283% of par, and matures on February 1, 2032. The 2036 tranche totals $500 million, carries a 5.150% coupon, is priced at 98.553% of par, and matures on August 15, 2036; its effective rate is 4.979% after swaps. Interest is payable semi-annually starting in February 2027, and closing is expected on July 20, 2026, subject to customary conditions.
According to Public Storage, net proceeds will help finance the pending acquisition of National Storage Affiliates Trust, cover related fees, and support general corporate purposes, including self-storage investments, debt repayment, and security redemptions. If the NSA acquisition is not completed, Public Storage must redeem outstanding notes at 101% of principal plus accrued interest.
Public Storage (NYSE:PSA) will release its second quarter 2026 earnings results after market close on July 29, 2026, and host a conference call on July 30, 2026 at 11:00 a.m. CT.
The self-storage REIT owns or operates 3,546 U.S. facilities with about 259 million net rentable square feet and holds a 35% interest in Shurgard Self Storage.
Public Storage (NYSE:PSA) released its 2026 Sustainability Report, outlining progress in people, operations, and governance to support long-term resilience and value creation.
Highlights include workforce recognitions, leadership development, a 14% reduction in Scope 1 and 2 emissions intensity since 2022, and expanded rooftop solar and green building portfolios.
Public Storage (NYSE:PSA) closed a new $3.0 billion unsecured revolving credit facility, a $500 million delayed draw term loan, and established a $1.0 billion unsecured commercial paper program. The new Revolver replaces a $1.5 billion facility and extends maturities into 2030–2031 while reducing interest spreads.
Public Storage (NYSE: PSA) agreed to acquire Public Storage Canada, the 3rd-largest Canadian self-storage platform, in a transaction valued at approximately $1.2 billion.
The deal covers 68 properties totaling 5.3M square feet in major markets, with going-in NOI yield in the high-5% range and potential double-digit IRR.
Public Storage (NYSE:PSA) declared a $3.00 regular quarterly common dividend on May 6, 2026. The dividend is payable on June 30, 2026 to shareholders of record as of June 15, 2026. The Board also declared dividends on multiple preferred share series.
At March 31, 2026, Public Storage owned or operated 3,546 self-storage facilities in 40 states (~259 million net rentable sq ft) and held a 35% equity interest in Shurgard, which owned 333 facilities (~19 million net rentable sq ft).
Public Storage (NYSE: PSA) reported Q1 2026 results and reaffirmed 2026 guidance. Q1 net income per share was $2.71 vs $2.04 a year ago (+32.8%), and Core FFO per share was $4.22 vs $4.12 (+2.4%).
Key items: pending all-stock acquisition of National Storage Affiliates (enterprise value ~$10.5 billion), expected Core FFO accretion of $0.35–$0.50, development pipeline of 3.5M rentable sqft (~$618.4M cost), total indebtedness $10.1B, and ~$1.9B liquidity.
Public Storage (NYSE:PSA) will release Q1 2026 earnings after market close on Monday, April 27, 2026, followed by a quarterly conference call on Tuesday, April 28, 2026 at 11:00 a.m. CT.
The company provided live and replay dial-in numbers, a webcast link via its event calendar, and replay access through May 12, 2026. At December 31, 2025, Public Storage owned or operated 3,533 U.S. facilities (~258 million rentable square feet) and held a 35% equity interest in Shurgard (332 facilities, ~18 million rentable square feet).