Orion Office REIT Inc vs Public Storage — how do they compare? Orion Office REIT Inc trades at $2.55 (market cap $149.46M), while Public Storage trades at $294.6 (market cap $55.05B). The key difference: Public Storage is far larger — about 368.3× Orion Office REIT Inc's market cap, and Public Storage pays the higher dividend (4.07%). Which is the better fit depends on your goals.
| ONL | PSA | |
|---|---|---|
Market Cap | $149.46M | $55.05B |
Sector | Real Estate | Real Estate |
52-Week High | $3.00 | $330.47 |
52-Week Low | $1.93 | $258.44 |
Enterprise Value | $566.39M | $69.32B |
Dividend Yield | 3.05% | 4.07% |
Signals from Pluang's Aura AI — not financial advice
ONL trades at $2.66, down 1.85% with a bearish technical signal. The company shows declining revenue from $208M in 2022 to $148M in 2025 and persistent net losses, though Q2 2026 EPS beat expectations. Valuation metrics include P/S of 1.04 and P/B of 0.24, indicating potential undervaluation. Recent news highlights strategic portfolio repositioning and a deep-value opportunity in office REITs.
Outlook remains challenging with negative profitability and high debt levels, but analyst consensus is split 50/50 buy/hold. Key risks include ongoing revenue declines and office sector headwinds, while potential upside exists if turnaround efforts gain traction amid stabilized office demand.
Public Storage (PSA) trades at $301.60, down 0.14% with a bearish technical outlook. The stock shows strong fundamentals with 41.8% net income margin and consistent earnings beats, though valuation metrics appear elevated. Recent developments include the completion of Public Storage Canada acquisition and a C$400 million Canadian bond offering. The company maintains a $3.00 quarterly dividend with solid cash flow generation from operations.
PSA offers quality REIT exposure with premium margins and dividend stability, but faces valuation concerns at current levels. The 10% upside to consensus target suggests moderate growth potential, though technical weakness and high P/E of 28.82 warrant caution. Key risks include interest rate sensitivity and integration challenges from recent acquisitions.
Trailing returns across standard periods
Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients.
Read more on ONL →Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,800 self-storage facilities in 39 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage and to an additional 28 million net rentable square feet of industrial space in the United States through PS Business Parks.
Read more on PSA →