Public Storage raises Q3 guidance and highlights preferred shares yielding 7% amid strong operations.

Public Storage reported strong Q3 results and raised its Core FFO guidance to $16.90–17.10 per share, signaling robust operational momentum. The REIT's preferred shares, especially Series H, now offer attractive yields around 7% due to price declines from higher interest rates, making them appealing for risk-adjusted returns. With a solid balance sheet featuring $14.5 billion in equity and strong asset coverage, the preferred dividends are considered safe. The analyst rates PSA preferred shares as a buy for reliable income and capital protection, while recommending holding the common stock at current valuations.

As of Nov 14, 2026 23:51 WIB, Public Storage (PSA) trades at USD 332.59 on Pluang, showing a slight 0.22% decrease in one day. The company holds a strong market capitalization of $62.14 billion and offers a dividend yield of 3.61%, which contrasts with the higher preferred share yields mentioned in the article. The typical holding period on Pluang is 132 days, indicating moderate investor interest in this real estate sector stock.