Signal

$PSA

- Public Storage (NYSE: PSA) reported Q1 2026 net income of $2.71 per share (up 32.8% YoY) and Core FFO of $4.22 per share (up 2.4%), announced a pending all-stock acquisition of National Storage Affi

PSA

$324.39

+1.14%

What changed

$PSA - Public Storage (NYSE: PSA) reported Q1 2026 net income of $2.71 per share (up 32.8% YoY) and Core FFO of $4.22 per share (up 2.4%), announced a pending all-stock acquisition of National Storage Affiliates Trust (NYSE: NSA) for ~$10.5 billion enterprise value, and subsequent to quarter end completed a $500 million senior notes offering at 5.00% due 2035.

Why it matters

Sources

pipeline