|Bid||25.20 x 1200|
|Ask||25.29 x 800|
|Day's Range||25.18 - 25.30|
|52 Week Range||25.18 - 27.35|
|Beta (5Y Monthly)||0.33|
|PE Ratio (TTM)||2.46|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Public Storage's second-quarter earnings report reminds investors why it is one of the best self-storage REITs.
Anyone who lived through the Great Recession, the worst housing market crash in nearly 100 years, can tell you that these meltdowns aren't fun. As concern grows over the risks of a housing crash, here's a deeper dive into why Public Storage could come out ahead. Challenging economic times like recessions and housing market busts can drive business for the storage industry.
Public Storage's (PSA) Q2 results reflect an increase in the realized annual rent per available square foot. The company gains from expansion moves.