National Storage Affiliates Trust (NSA) Stock Price, News & Analysis

Company Overview

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. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.

Key Stats

• Today's Range: $44.87 to $46.05
• 50-Day Range: $41.63 to $49.13
• 52-Week Range: $32.42 to $49.44
• Volume: 886,572 shs
• Average Volume: 713,755 shs
• Market Capitalization: $3.44 billion
• P/E Ratio: 26.40
• Dividend Yield: 4.96%
• Price Target: $43.17
• Consensus Rating: Reduce

National Storage Affiliates Trust Stock Analysis - MarketRank™

National Storage Affiliates Trust scored higher than 48% of companies evaluated by MarketBeat, and ranked 632nd out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

National Storage Affiliates Trust has received a consensus rating of Reduce. The company's average rating score is 1.78, and is based on 1 buy rating, 5 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

National Storage Affiliates Trust has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.08%

Earnings Growth

Earnings for National Storage Affiliates Trust are expected to grow by 2.08% in the coming year, from $2.40 to $2.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Storage Affiliates Trust is 26.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Storage Affiliates Trust is 26.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.36.

Price to Book Value per Share Ratio

National Storage Affiliates Trust has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.55% of the float of National Storage Affiliates Trust has been sold short.

Short Interest Ratio / Days to Cover

National Storage Affiliates Trust has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in National Storage Affiliates Trust has recently increased by 2.94%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

National Storage Affiliates Trust is a leading dividend payer. It pays a dividend yield of 5.05%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

National Storage Affiliates Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of National Storage Affiliates Trust is 130.99%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, National Storage Affiliates Trust will have a dividend payout ratio of 91.43% in the coming year. This indicates that National Storage Affiliates Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.55% of the float of National Storage Affiliates Trust has been sold short.

Short Interest Ratio / Days to Cover

National Storage Affiliates Trust has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in National Storage Affiliates Trust has recently increased by 2.94%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.65

News Sentiment

National Storage Affiliates Trust has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for National Storage Affiliates Trust this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for NSA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added National Storage Affiliates Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, National Storage Affiliates Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.20% of the stock of National Storage Affiliates Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

99.97% of the stock of National Storage Affiliates Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NSA Stock Analysis - Frequently Asked Questions

How have NSA shares performed this year?

National Storage Affiliates Trust's stock was trading at $41.47 on January 1st, 2024. Since then, NSA shares have increased by 8.8% and is now trading at $45.14.
View the best growth stocks for 2024 here.

How were National Storage Affiliates Trust's earnings last quarter?

National Storage Affiliates Trust (NYSE:NSA) announced its earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $0.60 by $0.42. The firm's revenue was down 20.2% compared to the same quarter last year.

When did National Storage Affiliates Trust IPO?

National Storage Affiliates Trust (NSA) raised $320 million in an initial public offering (IPO) on Thursday, April 23rd 2015. The company issued 20,000,000 shares at $15.00-$17.00 per share. Jefferies, Morgan Stanley and Wells Fargo Securities served as the underwriters for the IPO and KeyBanc Capital Markets, Baird, RBC Capital Markets, SunTrust Robinson Humphrey and Capital One Securities were co-managers.

Who are National Storage Affiliates Trust's major shareholders?

National Storage Affiliates Trust's top institutional shareholders include Wasatch Advisors LP (8.10%), State Street Corp (4.87%), Thrivent Financial for Lutherans (3.33%) and FMR LLC (2.18%). Insiders that own company stock include Arlen Dale Nordhagen, David Cramer, Chad Leroy Meisinger, J Timothy Warren, Tamara D Fischer and Mourick Mark Van.
View institutional ownership trends.

How do I buy shares of National Storage Affiliates Trust?

Shares of NSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of National Storage Affiliates Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Storage Affiliates Trust investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), Humana (HUM), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/30/2024
• Today: 11/25/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:NSA
• CUSIP: N/A
• CIK: 1618563
• Web: www.nationalstorageaffiliates.com
• Phone: (720) 630-2600
• Fax: 720-630-2626
• Employees: 1,108
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $43.17
• High Stock Price Target: $54.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: -4.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.71
• Trailing P/E Ratio: 26.40
• Forward P/E Ratio: 18.81
• P/E Growth: N/A
• Net Income: $156.67 million
• Net Margins: 20.59%
• Pretax Margin: 33.46%
• Return on Equity: 10.35%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: 2.35
• Current Ratio: 0.72
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $858.06 million
• Price / Sales: 4.01
• Cash Flow: $4.71 per share
• Price / Cash Flow: 9.58
• Book Value: $21.49 per share
• Price / Book: 2.10

Miscellaneous

• Outstanding Shares: 76,240,000
• Free Float: 66,942,000
• Market Cap: $3.44 billion
• Optionable: Optionable
• Beta: 0.99