National Storage Affiliates Trust (NYSE:NSA) Receives Average Recommendation of “Reduce” from Analysts

National Storage Affiliates Trust (NYSE:NSA) has received a consensus rating of “Reduce” from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and twelve have assigned a hold recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $33.90.

NSA has been the subject of several research reports. UBS Group decreased their price target on shares of National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Weiss Ratings raised shares of National Storage Affiliates Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday. Evercore raised shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Mizuho raised their target price on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, Wolfe Research raised shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a research note on Monday, January 26th.

Hedge Funds Weigh In On National Storage Affiliates Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of National Storage Affiliates Trust by 21.9% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 49,748 shares of the real estate investment trust’s stock valued at $1,877,000 after buying an additional 8,938 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of National Storage Affiliates Trust by 63.2% in the first quarter. Sequoia Financial Advisors LLC now owns 20,955 shares of the real estate investment trust’s stock valued at $791,000 after buying an additional 8,117 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of National Storage Affiliates Trust by 1.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 77,339 shares of the real estate investment trust’s stock valued at $2,919,000 after buying an additional 808 shares in the last quarter. Resona Asset Management Co. Ltd. grew its stake in shares of National Storage Affiliates Trust by 6.3% in the first quarter. Resona Asset Management Co. Ltd. now owns 31,381 shares of the real estate investment trust’s stock valued at $1,163,000 after buying an additional 1,873 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of National Storage Affiliates Trust by 2.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 14,503 shares of the real estate investment trust’s stock valued at $547,000 after buying an additional 400 shares in the last quarter. 99.97% of the stock is owned by institutional investors.

National Storage Affiliates Trust Price Performance

Shares of NSA opened at $42.51 on Friday. The stock has a market capitalization of $3.28 billion, a P/E ratio of 61.60 and a beta of 1.07. National Storage Affiliates Trust has a twelve month low of $27.43 and a twelve month high of $44.01. The company has a 50 day moving average of $38.26 and a 200-day moving average of $33.29. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.86.

National Storage Affiliates Trust (NYSE:NSA) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The company had revenue of $187.03 million during the quarter, compared to analysts’ expectations of $187.24 million. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. As a group, equities research analysts forecast that National Storage Affiliates Trust will post 2.21 EPS for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The company 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 5.4%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is currently 330.43%.

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.