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Form 8-K · Current Report · Filed 2026-07-29

Public Storage Announces Acquisition of Public Storage Canada and Raises Full-Year Guidance

Public Storage reported its second-quarter 2026 financial results, announcing a net income of $502.9 million and Core FFO per share of $4.17.

Filer
PSA PSA
Filed
Accession
0001628280-26-050608
CIK
0001393311
Signal
High impact

Details

The company raised its full-year guidance following strong performance in the first half of the year. Notable events include the completion of the merger with National Storage Affiliates, the acquisition of 20 self-storage facilities, and the announcement of the acquisition of Public Storage Canada for $1.2 billion. The company also expanded its financial flexibility by executing forward sale agreements and entering into a new $3.0 billion unsecured revolving credit facility.

Items reported

Item events

Reported Item

Acquired Business Financial Statements Earnings Beat Raised Guidance M&A Transaction Strategic Partnership

Market reaction

Close before filing

$330.47

Next session

-3.9%

Since filing

-1.9%

Latest close

$324.17

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PSA reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, PSA insiders reported 11 Form 4 transactions — net buying of $115K.

Full PSA insider history →

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