National Storage Affiliates Trust (NYSE:NSA) – Investment analysts at KeyCorp issued their Q4 2018 earnings estimates for shares of National Storage Affiliates Trust in a report released on Tuesday, October 16th. KeyCorp analyst T. Thomas expects that the real estate investment trust will earn $0.34 per share for the quarter. KeyCorp also issued estimates for National Storage Affiliates Trust’s FY2019 earnings at $1.48 EPS.

A number of other research firms also recently weighed in on NSA. Zacks Investment Research downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, September 19th. Jefferies Financial Group upgraded shares of National Storage Affiliates Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $30.00 to $31.00 in a report on Thursday, October 4th. SunTrust Banks raised their price target on shares of National Storage Affiliates Trust from $25.00 to $28.00 and gave the company a “hold” rating in a report on Thursday, July 12th. ValuEngine downgraded shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a report on Friday, September 7th. Finally, DA Davidson set a $37.00 price target on shares of National Storage Affiliates Trust and gave the company a “buy” rating in a report on Thursday, July 12th. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $29.00.

National Storage Affiliates Trust stock opened at $25.63 on Friday. The firm has a market cap of $1.47 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 2.41 and a beta of 0.48. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. National Storage Affiliates Trust has a 1-year low of $23.10 and a 1-year high of $32.28.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings results on Monday, August 6th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.27). The business had revenue of $79.72 million for the quarter, compared to the consensus estimate of $79.68 million. National Storage Affiliates Trust had a net margin of 4.63% and a return on equity of 1.29%. The firm’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.31 EPS.

A number of institutional investors and hedge funds have recently made changes to their positions in NSA. Northern Trust Corp raised its holdings in National Storage Affiliates Trust by 16.9% in the 1st quarter. Northern Trust Corp now owns 865,429 shares of the real estate investment trust’s stock worth $21,705,000 after acquiring an additional 125,157 shares during the period. JPMorgan Chase & Co. raised its holdings in National Storage Affiliates Trust by 252.0% in the 1st quarter. JPMorgan Chase & Co. now owns 395,124 shares of the real estate investment trust’s stock worth $9,910,000 after acquiring an additional 282,882 shares during the period. New York State Common Retirement Fund raised its holdings in National Storage Affiliates Trust by 11.2% in the 1st quarter. New York State Common Retirement Fund now owns 77,428 shares of the real estate investment trust’s stock worth $1,942,000 after acquiring an additional 7,800 shares during the period. Dimensional Fund Advisors LP raised its holdings in National Storage Affiliates Trust by 5.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 715,962 shares of the real estate investment trust’s stock worth $17,956,000 after acquiring an additional 36,684 shares during the period. Finally, Hsbc Holdings PLC bought a new position in National Storage Affiliates Trust in the 1st quarter worth $202,000. Hedge funds and other institutional investors own 84.94% of the company’s stock.

In other news, Director Chad Leroy Meisinger bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 14th. The shares were purchased at an average price of $26.80 per share, for a total transaction of $268,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 13.10% of the company’s stock.

The company also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Friday, September 14th were issued a $0.29 dividend. The ex-dividend date was Thursday, September 13th. This represents a $1.16 annualized dividend and a yield of 4.53%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 93.55%.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership interests in and operates 533 self storage properties located in 29 states with approximately 33 million rentable square feet.

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Earnings History and Estimates for National Storage Affiliates Trust (NYSE:NSA)

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