Zacks Initiates Coverage of Global Self Storage With Neutral Recommendation – May 26, 2025
From Zacks Investment Research: 2025-05-26 13:42:00
Zacks Investment Research has initiated coverage of Global Self Storage, Inc. (SELF), giving a “Neutral” recommendation due to a mixed outlook. The company, based in Millbrook, NY, operates self-storage properties across the US. In Q1 2025, SELF saw a 108.6% increase in net income and a 16.8% rise in AFFO. Liquidity is strong at $24.9 million. Occupancy is at 92.1% with a 3.5-year average tenant stay. However, rising interest expenses and a narrow asset footprint pose risks. The stock has outperformed peers and the market, offering stable income potential. For more details, check out the full Zacks research report on Global Self Storage.
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