National Storage Affiliates Trust (NSA) to Release Quarterly Earnings on Wednesday

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect National Storage Affiliates Trust to post earnings of $0.19 per share and revenue of $185.37 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

National Storage Affiliates Trust Stock Down 0.3 %

Shares of NYSE:NSA traded down $0.10 during mid-day trading on Friday, hitting $37.68. 357,315 shares of the company traded hands, compared to its average volume of 445,809. National Storage Affiliates Trust has a 12-month low of $34.50 and a 12-month high of $49.44. The stock has a 50-day moving average price of $37.57 and a two-hundred day moving average price of $42.21. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.35. The stock has a market cap of $2.87 billion, a P/E ratio of 22.03 and a beta of 1.03.

National Storage Affiliates Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 6.05%. The ex-dividend date is Friday, March 14th. National Storage Affiliates Trust's dividend payout ratio (DPR) is 133.33%.

Analyst Ratings Changes

A number of research firms recently weighed in on NSA. Robert W. Baird upped their target price on shares of National Storage Affiliates Trust from $39.00 to $42.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Barclays cut their price target on shares of National Storage Affiliates Trust from $46.00 to $42.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Wells Fargo & Company dropped their price objective on shares of National Storage Affiliates Trust from $40.00 to $38.00 and set an "underweight" rating on the stock in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft raised National Storage Affiliates Trust from a "sell" rating to a "hold" rating and lowered their price objective for the company from $40.00 to $38.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, National Storage Affiliates Trust currently has an average rating of "Hold" and an average price target of $42.56.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party.