SELF Research | Milton Maxwell

SELF

Global Self Storage, Inc.

5.00

+0.04+0.7%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

56.75M

P/E (TTM)

31.28

Basic EPS (TTM)

0.16

Dividend Yield

0.06%

Recent Filings

10-K

FY2025 results

3/25/26Mar 25, 2026

Global Self Storage posted FY2025 revenues of $12.7M, up 1.4% y/y, with rental income rising 1.4% on higher occupancy and rate hikes, while same-store NOI edged up 0.6% to $7.8M despite 2.6% higher operating costs from employment and utilities. Portfolio occupancy strengthened to 93.9% at year-end from 93.4%, with same-stores at steady 93.0%. Q4 same-store revenues dipped 0.9% y/y and NOI fell 4.1%, signaling quarterly softening amid rising expenses. Yet cash reserves swelled to $7.5M with $14.7M revolver capacity and no draws; $20M term debt at 4.2% matures 2036. No acquisitions closed. Short-term leases expose re-leasing risks if demand falters.

8-K

Record revenues, Q4 NOI dip

3/25/26Mar 25, 2026

Global Self Storage hit record full-year 2025 revenues of $12.7 million, up 1.4%, with same-store NOI climbing 0.6% to $7.8 million on 93.0% occupancy. Q4 dipped: revenues off 0.9% to $3.2 million, NOI down 4.1%. Strong $24.5 million liquidity fuels acquisitions. Balance sheet holds firm.

8-K

Director resigns voluntarily

12/29/25Dec 29, 2025

Global Self Storage's board shrank to five directors after Thomas Winmill resigned voluntarily on December 19, 2025, effective immediately. A board member since 1997, his exit stemmed from no disagreements over operations or policies. Four directors remain independent. Board shrinks to five.

8-K

Q3 revenues hit record

11/7/25Nov 7, 2025

Global Self Storage posted Q3 revenues up 0.8% to a record $3.2M, fueled by sector-leading occupancy jumping 170bps to 93.2%. Yet net income fell to $496K from $1.2M as costs rose 7.4%. Strong $24.8M capital resources position it for acquisitions. NOI dipped 3.0%. Dividend steady.

10-Q

Q3 FY2025 results

11/7/25Nov 7, 2025

Global Self Storage nudged revenues up 0.8% y/y to $3.2M in Q3 ended September 30, 2025, driven by higher occupancy and rates, yet operating income dipped 16.6% y/y to $728K on steeper property expenses. Same-store occupancy climbed to 93.2%, lifting YTD operating income 8.6% y/y to $2.3M, while diluted EPS fell to $0.04 from $0.10, reconciled to 11.2M shares. Cash swelled to $7.5M with $3.5M operating cash flow; $16.2M term debt at 4.192% matures 2036, revolver undrawn at $14.5M capacity. Steady dividends flowed. Competition from new self storage properties presses.

About

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.

CEO

Mr. Mark Campbell Winmill

IPO

2/7/1997

Website

https://www.globalselfstorage.us

Employees

Sector

Real Estate

Industry

REIT - Specialty