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Public Storage (PSA.N)

PSA.N on New York Stock Exchange

192.75USD
20 Apr 2018
Change (% chg)

$-1.04 (-0.54%)
Prev Close
$193.79
Open
$194.43
Day's High
$194.73
Day's Low
$192.25
Volume
483,238
Avg. Vol
262,565
52-wk High
$230.32
52-wk Low
$180.48

Latest Key Developments (Source: Significant Developments)

Public Storage Says ‍Effective Jan 1, 2019, Joe Russell Will Be Appointed CEO
Wednesday, 21 Feb 2018 

Feb 20 (Reuters) - Public Storage ::ANNOUNCES SENIOR MANAGEMENT CHANGES.‍EFFECTIVE JANUARY 1, 2019, JOE RUSSELL WILL BE APPOINTED CHIEF EXECUTIVE OFFICER, IN ADDITION TO HIS ROLE AS PRESIDENT​.‍RON HAVNER, COMPANY'S CEO SINCE 2002 AND OFFICER SINCE 1986, WILL REMAIN AS CHAIRMAN OF BOARD​.EFFECTIVE JANUARY 1, 2019, TOM BOYLE WILL BE APPOINTED CHIEF FINANCIAL OFFICER.‍ ALSO EFFECTIVE JANUARY 1, 2019 JOHN REYES, COMPANY'S CFO SINCE 1996 AND OFFICER SINCE 1990, WILL BE APPOINTED TO BOARD OF TRUSTEES​.  Full Article

Public Storage reports Q3 earnings per share $1.61
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Public Storage :Public Storage reports results for the three and nine months ended September 30, 2017.Q3 FFO per share $2.35.Q3 earnings per share $1.61.Q3 earnings per share view $1.88 -- Thomson Reuters I/B/E/S.  Full Article

Public storage provides further Hurricane Irma update
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - Public Storage :Public storage provides further Hurricane Irma update.Public Storage - Have re-opened all properties in South Carolina and Georgia.Re-Opened 91% of our Florida properties.Due to continuing power outages and repairs, 9% of our properties in Florida remain closed..Says 25 Florida properties continue to be temporarily closed.  Full Article

Public Storage provides Hurricane Irma and Harvey updates
Monday, 11 Sep 2017 

Sept 10 (Reuters) - Public Storage - :Public storage provides Hurricane Irma and Harvey updates.All properties in Florida and nine properties in South Carolina, Georgia temporarily closed for safety of customers, employees.In Houston, have reopened access to all 116 properties covering 8.5 million net rentable square feet and over 79,500 units.Expect seven properties severely impacted by Harvey, covering about 500,000 net rentable square feet and 4,000 units, will be demolished.Seven properties severely impacted by Harvey, will be later rebuilt to state-of -art properties to withstand potential 500-year floods in future.  Full Article

Public Storage says all properties in Houston area are temporarily closed for safety
Tuesday, 29 Aug 2017 

Aug 28 (Reuters) - Public Storage - :Public storage provides Hurricane Harvey update.Due to severe weather conditions related to Hurricane Harvey, all properties in the houston area are temporarily closed for the safety.Situation remains ongoing and full impact of storm is still unknown.Plan to re-open impacted locations as quickly as possible and as soon as it is safe.All properties in Houston area are temporarily closed for safety of our customers and employees.Property closures include 115 properties, 8.4 million net rentable square feet, over 77,500 units in the Houston and surrounding areas.  Full Article

Public Storage reports Q2 earnings per share $1.59
Thursday, 27 Jul 2017 

July 26 (Reuters) - Public Storage :Public Storage reports results for the three and six months ended June 30, 2017.Quarterly FFO per share $2.31.Q2 earnings per share $1.59.Q2 earnings per share view $1.80 -- Thomson Reuters I/B/E/S.Sets regular quarterly dividend of $2.00per share.  Full Article

Public Storage qtrly core FFO per share $2.40
Thursday, 28 Jul 2016 

Public Storage : Qtrly core FFO per share $ 2.40 . Public storage reports results for the three and six months ended June 30, 2016 . Quarterly FFO per share $2.34 . Qtrly total revenues $521.3 million versus $491.9 million . Q2 FFO per share view $2.40 -- Thomson Reuters I/B/E/S .Q2 revenue view $607.2 million -- Thomson Reuters I/B/E/S.  Full Article

Public Storage prices 12 mln depositary shares offering at $25.00 per depositary share
Thursday, 14 Jul 2016 

Public Storage : Public Storage announces pricing of 4.95% cumulative preferred shares of beneficial interest, series D . Says has priced a public offering of 12 million depositary shares at $25.00 per depositary share . The offering is expected to result in $300 million of gross proceeds .Expects to use net proceeds to make investments in self-storage facilities and in entities that own self-storage facilities.  Full Article

Public Storage Board of Trustees names Joseph Russell as President
Saturday, 18 Jun 2016 

Public Storage : PS Business Parks promoted company's president, Maria R. Hawthorne to chief executive officer .Says Joseph D. Russell JR appointed president.  Full Article

Public Storage files for potential mixed shelf
Thursday, 2 Jun 2016 

Public Storage :Files for potential mixed shelf, size undisclosed – SEC Filing.  Full Article

BRIEF-Public Storage - CEO Ronald Havner's FY 2017 Total Compensation Was $10.5 Mln V/s $11.2 Mln In FY 2016

* PUBLIC STORAGE SAYS CEO RONALD HAVNER'S FY 2017 TOTAL COMPENSATION WAS $10.5 MILLION VERSUS $11.2 MILLION IN FY 2016 - SEC FILING