National Storage Affiliates Trust (NYSE:NSA) Given Average Rating of “Reduce” by Analysts

Shares of National Storage Affiliates Trust (NYSE:NSA) have earned an average rating of “Reduce” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and twelve have given a hold rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $33.60.

NSA has been the topic of several recent analyst reports. Mizuho raised their target price on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. UBS Group cut their target price on National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Barclays raised their target price on National Storage Affiliates Trust from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research note on Thursday, January 22nd. Finally, BNP Paribas Exane raised National Storage Affiliates Trust from an “underperform” rating to a “neutral” rating and set a $41.00 target price on the stock in a research note on Monday, March 16th.

Institutional Trading of National Storage Affiliates Trust

Large investors have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in National Storage Affiliates Trust by 258.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 118,476 shares of the real estate investment trust’s stock valued at $3,580,000 after acquiring an additional 85,382 shares in the last quarter. Citigroup Inc. boosted its holdings in National Storage Affiliates Trust by 19.2% in the third quarter. Citigroup Inc. now owns 253,962 shares of the real estate investment trust’s stock valued at $7,675,000 after acquiring an additional 40,871 shares in the last quarter. Capital Fund Management S.A. bought a new stake in National Storage Affiliates Trust in the second quarter valued at $1,167,000. Hudson Bay Capital Management LP bought a new stake in National Storage Affiliates Trust in the third quarter valued at $33,082,000. Finally, Norges Bank bought a new stake in National Storage Affiliates Trust in the second quarter valued at $21,991,000. Institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Trading Down 0.6%

NSA stock opened at $39.05 on Wednesday. The company has a market capitalization of $3.01 billion, a PE ratio of 56.59 and a beta of 1.08. National Storage Affiliates Trust has a one year low of $27.43 and a one year high of $41.37. The company’s 50 day moving average price is $35.06 and its two-hundred day moving average price is $31.86. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.25 and a current ratio of 0.25.

National Storage Affiliates Trust (NYSE:NSA) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The firm had revenue of $187.03 million for the quarter, compared to analysts’ expectations of $187.24 million. During the same quarter last year, the business earned $0.60 earnings per share. The business’s revenue was down 1.6% on a year-over-year basis. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. As a group, analysts predict that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $0.57 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.28 annualized dividend and a dividend yield of 5.8%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 330.43%.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.