|Day's Range||103.44 - 104.19|
|52 Week Range||93.02 - 112.45|
|PE Ratio (TTM)||13.25|
|Expense Ratio (net)||0.35%|
In a higher household income scenario, people tend to spend more on acquiring properties and need more storage space. This need boosts demand for self-storage facilities.
REITs will likely be significantly affected by rising interest rates. Rising mortgage rates will increase the cost of purchasing investment properties.
Public Storage (PSA) puts a great deal of focus on the development and redevelopment of its existing facilities. Recently, there's been a trend of rising rent for self-storage facilities.