Public Storage reports third quarter 2026 results and raises guidance
The company announces increased full-year outlook, completed NSA and PS Canada acquisitions, and issued $900 million in senior notes.
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Self-storage and vehicle storage company
publicstorage.comLast updated
In short: Public Storage reported strong Q3 results, raised 2026 guidance, and completed NSA and Canada acquisitions.
The company announces increased full-year outlook, completed NSA and PS Canada acquisitions, and issued $900 million in senior notes.
The deal adds 68 properties in major Canadian cities. It is expected to be accretive to financial metrics.
Net income per share jumped 44.9% to $2.55 and Core FFO per share fell 2.6% to $4.17, as the company acquired PS Canada and closed the NSA merger.
The acquisition adds over 1,000 properties and is expected to be accretive to FFO per share within first year.
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