Public Storage ($PSA) Stock Forecast: Down 1.9% Today

What is Public Storage?

Asset Public Storage Corp. (PSA) is a leading self-storage real estate investment trust (REIT) in the United States. Today, the stock experienced a strong bearish movement.

Why is Public Storage going down?

PSA stock is down 1.9% on Mar 16, 2026 15:40

• PSA stock likely experienced a bearish movement due to the announcement of its all-stock acquisition of National Storage Affiliates Trust for $10.5 billion.
• Despite the potential benefits of expanding its presence and market share through the acquisition, investors might be concerned about the integration process and the impact on PSA's financials in the short term.
• The market's reaction could also be influenced by uncertainties surrounding the self-storage sector's demand outlook, especially considering the recent decline in demand.
• Overall, while the acquisition positions Public Storage as a significant player in the self-storage industry, the initial market response appears to be cautious, leading to the bearish movement in PSA stock.

PSA Price Chart

PSA Technical Analysis

PSA News

Public Storage Strikes $10.5 Billion Deal for National Storage

Public Storage Corp. has agreed to acquire National Storage Affiliates Trust in an all-stock deal valued at approximately $10.5 billion, including debt. This acquisition will expand Public Storage's presence across the US, following a period of consolidation in the self-storage sector after its pandemic-era boom. National Storage shareholders will receive 0.14 shares of Public Storage stock for each share owned, valuing the company at about $41.68 per share.

https://www.bloomberg.com/news/articles/2026-03-16/public-storage-strikes-10-5-billion-deal-for-national-storage

Public Storage to Buy National Storage Affiliates For $10.5B

Public Storage has announced an all-stock acquisition of National Storage Affiliates Trust for $10.5 billion. This deal will add over 1,000 properties with 550,000 units across 37 states and Puerto Rico to Public Storage's portfolio. The acquisition, set to close in the third quarter, aims to expand Public Storage's platform and market presence despite a recent decline in self-storage demand.

https://www.multihousingnews.com/public-storage-to-buy-national-storage-affiliates-for-10-5b/

Public Storage Says It Will Buy National Storage Affiliates

Public Storage announced its plan to acquire National Storage Affiliates in an all-stock deal valued at approximately $10.5 billion. This merger would create a self-storage giant with nearly 4,600 locations and 327 million square feet of storage, significantly expanding Public Storage's presence in growth regions. The transaction, conditional on shareholder and regulatory approval, is expected to close in the third quarter of 2026 and will involve the formation of a joint venture for a portion of National Storage's properties.

https://www.ttnews.com/articles/public-storage-buy-national

PR News | Kekst CNC, Joele Frank Work Big Self-Storage Deal - Mon., Mar. 16, 2026

Kekst CNC and Joele Frank are handling the media relations for a significant self-storage deal. Public Storage, advised by Kekst CNC, is set to acquire National Storage Affiliates, represented by Joele Frank, in an all-stock transaction valued at approximately $10.5 billion. This merger aims to create the world's largest self-storage owner and operator, expanding Public Storage's market presence and growth profile.

https://www.odwyerpr.com/story/public/24456/2026-03-16/kekst-cnc-joele-frank-work-big-self-storage-deal.html

A $10.5 billion deal would create a self-storage giant in the U.S.

Public Storage announced an all-stock deal to acquire National Storage Affiliates for approximately $10.5 billion, creating a $57 billion self-storage company. This merger would combine the largest and fourth-largest U.S. self-storage firms, expanding Public Storage's presence, particularly in population growth areas like the Sun Belt. The deal, which has been approved by both company boards, still requires approval from National Storage equity holders and regulators and is expected to close in the third quarter.

https://www.registercitizen.com/business/article/a-10-5-billion-deal-would-create-a-self-storage-22079232.php

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Public Storage Price History

16.02.2026 - PSA Stock was down 1.9%

• PSA stock likely experienced a bearish movement due to the announcement of its all-stock acquisition of National Storage Affiliates Trust for $10.5 billion.
• Despite the potential benefits of expanding its presence and market share through the acquisition, investors might be concerned about the integration process and the impact on PSA's financials in the short term.
• The market's reaction could also be influenced by uncertainties surrounding the self-storage sector's demand outlook, especially considering the recent decline in demand.
• Overall, while the acquisition positions Public Storage as a significant player in the self-storage industry, the initial market response appears to be cautious, leading to the bearish movement in PSA stock.

06.00.2026 - PSA Stock was up 3.1%

• PSA stock had a strong bullish movement today, likely driven by the positive outlook from analysts and the company's focus on operational efficiencies and technology integration.
• The upcoming participation of SmartStop Self Storage REIT's CEO in a key investor forum may have also boosted investor confidence in the self-storage industry as a whole.
• Despite recent challenges like missing revenue forecasts, the better-than-expected EPS in the third quarter due to expense management could have contributed to the bullish sentiment.
• The overall market movement could be a result of investors recognizing the long-term potential of Public Storage's dividend yield and its resilience in the face of market fluctuations.