National Storage Affiliates Trust (NYSE:NSA) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of National Storage Affiliates Trust (NYSE:NSA) from an underperform rating to a neutral rating in a report published on Monday, Marketbeat.com reports. The firm currently has $41.00 target price on the real estate investment trust’s stock.

Several other analysts also recently issued reports on the stock. National Bank Financial set a $32.00 price objective on shares of National Storage Affiliates Trust in a research report on Friday, December 5th. Truist Financial boosted their target price on shares of National Storage Affiliates Trust from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Tuesday, January 20th. UBS Group reduced their target price on shares of National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Morgan Stanley upgraded shares of National Storage Affiliates Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $30.00 to $32.00 in a research note on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of National Storage Affiliates Trust in a report on Thursday, January 22nd. Twelve investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $33.60.

National Storage Affiliates Trust Trading Down 2.9%

Shares of NSA opened at $38.64 on Monday. National Storage Affiliates Trust has a 12 month low of $27.43 and a 12 month high of $41.37. The stock’s 50-day moving average is $33.52 and its two-hundred day moving average is $31.24. The company has a debt-to-equity ratio of 2.86, a current ratio of 0.25 and a quick ratio of 0.25. The stock has a market cap of $2.98 billion, a PE ratio of 55.99 and a beta of 1.17.

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

National Storage Affiliates Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.28 annualized dividend and a dividend yield of 5.9%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 330.43%.

Institutional Trading of National Storage Affiliates Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in National Storage Affiliates Trust by 339.6% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 635 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of National Storage Affiliates Trust in the 1st quarter worth approximately $32,000. UMB Bank n.a. grew its position in shares of National Storage Affiliates Trust by 650.0% in the 4th quarter. UMB Bank n.a. now owns 1,125 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 975 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of National Storage Affiliates Trust by 81.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,302 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 586 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of National Storage Affiliates Trust in the 3rd quarter valued at approximately $41,000. 99.97% of the stock is owned by institutional investors.

Key National Storage Affiliates Trust News

Here are the key news stories impacting National Storage Affiliates Trust this week:

• Positive Sentiment: Acquisition announced — Public Storage agreed to acquire National Storage Affiliates, creating the largest public self‑storage operator; the deal is the main catalyst that pushed NSA shares higher earlier as investors price in a takeover premium. America’s biggest public storage company is about to get even bigger
• Positive Sentiment: Analyst upgrades — Evercore upgraded NSA from “strong sell” to “hold,” and BNP Paribas Exane also raised its rating; those upgrades helped drive momentum and a 52‑week high ahead of today’s pullback. Evercore ISI Group upgrades National Storage Affiliates Trust (NSA)
• Neutral Sentiment: Media coverage — Multiple outlets are highlighting sector consolidation and the strategic rationale for the PSA–NSA deal; useful context for investors but not new financial detail. Public Storage buying National Storage
• Negative Sentiment: Shareholder investigations — Law firms (Kahn Swick & Foti and Monteverde & Associates / M&A Class Action Firm) announced probes into the adequacy of the proposed sale price and process, signaling potential litigation or pushback that could delay or alter the transaction. National Storage Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of National Storage Affiliates Trust – NSA
• Negative Sentiment: Potential deal risk — The emergence of multiple investigations raises execution risk (litigation, delays, renegotiation), which likely explains today’s downward pressure despite the takeover news. SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of National Storage Affiliates Trust

National Storage Affiliates Trust Company Profile

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.