Global Self Storage Inc Stock Price, News & Analysis

Global Self Storage (NASDAQ:SELF) reported strong Q2 2025 results, demonstrating peer-leading growth across key metrics. Total revenues increased 2.7% to $3.2 million, while net income rose to $664,000 or $0.06 per diluted share. The company achieved a peer-leading same-store occupancy of 94.7%, up 170 basis points year-over-year.

Notable achievements include a 4.0% increase in same-store NOI to $2.0 million and an 18.9% increase in FFO to $1.1 million. The company maintained its quarterly dividend of $0.0725 per share and reported strong capital resources of $25.2 million, including cash, marketable securities, and available credit facility.

The company's success is attributed to its targeted marketing program, strong brand recognition, and exceptional customer service, evidenced by a record-high average tenant duration of 3.4 years and customer satisfaction ratings exceeding 4.9 out of 5 stars.

Global Self Storage (NASDAQ:SELF) has announced a quarterly cash dividend of $0.0725 per common share for Q2 2025, payable on June 30, 2025, to stockholders of record as of June 16, 2025. The self-storage REIT outlined its strategic focus on increasing shareholder value through acquisitions, joint ventures, and property expansions. The company's board regularly evaluates its business plan, focusing on capital formation, debt-equity ratios, dividend policy, FFO and AFFO performance, and cash management. Management expressed confidence in the company's operational performance and capital resources to execute its strategic initiatives.

Global Self Storage (NASDAQ:SELF) reported strong Q1 2025 results with notable growth across key metrics. Total revenues increased 3.0% to $3.1 million, while net income more than doubled to $555,000 ($0.05 per share) from $266,000 ($0.02 per share) year-over-year. The company demonstrated impressive operational performance with same-store NOI growth of 6.3% to $1.9 million and improved occupancy of 92.1%. FFO increased 15.0% to $975,000, and AFFO grew 16.8% to $1.1 million. The company maintained its quarterly dividend of $0.0725 per share and ended the quarter with strong capital resources of $24.9 million. Notable achievements include a record average tenant duration of 3.5 years and high customer satisfaction ratings of 4.8 out of 5 stars.

Global Self Storage (NASDAQ:SELF) reported its Q4 and full year 2024 results, demonstrating strong performance in key metrics. Q4 2024 showed total revenues up 7.1% to $3.2 million, with net income at $84,000 ($0.01 per share). Same-store occupancy increased 360 basis points to 92.9%, while FFO grew 14% to $1.1 million.

For full year 2024, the company achieved record total revenues of $12.5 million (up 2.8%), with net income of $2.1 million ($0.19 per share). Same-store NOI increased 2.1% to a record $7.7 million. The company maintained its quarterly dividend of $0.0725 per share.

The company's capital resources totaled $24.8 million, including $7.2 million in cash and equivalents, $2.6 million in marketable securities, and a $15 million revolving credit facility. The average tenant duration remained stable at approximately 3.4 years.

Global Self Storage (NASDAQ:SELF) has announced a quarterly cash dividend of $0.0725 per common share for the first quarter of 2025. The dividend will be paid on March 31, 2025, to stockholders of record as of March 17, 2025.

The company, a real estate investment trust focused on self-storage properties, continues to execute its strategic business plan which includes funding acquisitions and expansion projects at existing properties. The board regularly reviews the strategic plan, focusing on capital formation, debt-equity ratios, dividend policy, FFO and AFFO performance, and optimal cash levels.

Global Self Storage (NASDAQ:SELF) has announced a quarterly cash dividend of $0.0725 per common share for Q4 2024, payable on December 30, 2024, to stockholders of record as of December 16, 2024. The company aims to increase stockholder value through its strategic business plan, which includes funding acquisitions and expansion projects at existing properties. The board regularly reviews the strategic plan, focusing on capital formation, debt-equity ratios, dividend policy, and FFO/AFFO performance. Management believes the company is well-positioned to continue executing its strategic initiatives.

Global Self Storage (NASDAQ:SELF) reported strong Q3 2024 results with total revenues increasing 3.6% to a record $3.2 million. Net income surged 336% to $1.2 million ($0.10 per diluted share). Same-store metrics showed impressive growth with revenues up 3.6%, NOI increasing 6.3% to $2.0 million, and occupancy rising to 91.5%. The company maintained its quarterly dividend of $0.0725 per share. Capital resources totaled $25.1 million, including $6.9 million in cash and $15 million available under a revolving credit facility. The average tenant duration increased to 3.4 years, demonstrating strong customer retention.

Global Self Storage (NASDAQ:SELF), a real estate investment trust specializing in self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2024. The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024. The company's objective is to increase value for stockholders by executing its strategic business plan, which includes funding acquisitions and expansion projects. Global Self Storage's board regularly reviews the plan, focusing on capital formation, debt-equity ratios, dividend policy, and financial performance metrics. Management believes the company is well-positioned to continue executing its strategic plan based on its operational performance and capital resources.

Global Self Storage (NASDAQ:SELF) reported Q2 2024 results with total revenues increasing 0.7% to $3.1 million and net income rising 2.3% to $592,000 or $0.05 per diluted share. Same-store revenues grew 0.9% to $3.1 million, while same-store net operating income (NOI) decreased 2.7% to $1.9 million. The company achieved peer-leading same-store occupancy growth of 2.5%, reaching 93.0% at quarter-end and further improving to 94.2% by July 31, 2024. Funds from operations (FFO) decreased 16.4% to $0.9 million or $0.08 per diluted share, and adjusted FFO (AFFO) declined 13.2% to $1.0 million or $0.09 per diluted share. Global Self Storage maintained its quarterly dividend of $0.0725 per common share and extended its $15 million revolving credit facility for three years with an option for a fourth year.