National Storage Affiliates Trust (NYSE:NSA) Receives $33.09 Consensus PT from Analysts

National Storage Affiliates Trust (NYSE:NSA) has been given an average recommendation of “Reduce” by the fourteen brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $33.0909.

A number of brokerages recently issued reports on NSA. Evercore ISI upped their price target on National Storage Affiliates Trust from $31.00 to $32.00 and gave the company an “underperform” rating in a report on Monday, September 15th. Weiss Ratings restated a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research report on Wednesday, October 8th. Zacks Research raised shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. UBS Group cut their price target on shares of National Storage Affiliates Trust from $39.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 16th. Finally, Wall Street Zen cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th.

National Storage Affiliates Trust Stock Performance

NYSE:NSA opened at $27.96 on Monday. National Storage Affiliates Trust has a 12 month low of $27.47 and a 12 month high of $40.62. The company has a debt-to-equity ratio of 2.74, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market capitalization of $2.15 billion, a PE ratio of 45.83 and a beta of 1.19. The business’s fifty day moving average price is $29.54 and its 200 day moving average price is $30.79.

National Storage Affiliates Trust (NYSE:NSA) last announced its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. National Storage Affiliates Trust had a return on equity of 5.09% and a net margin of 8.94%.The company had revenue of $188.70 million during the quarter, compared to the consensus estimate of $184.04 million. During the same period in the previous year, the business earned $0.62 EPS. National Storage Affiliates Trust’s revenue for the quarter was down 2.6% on a year-over-year basis. National Storage Affiliates Trust has set its FY 2025 guidance at 2.170-2.230 EPS. On average, sell-side analysts anticipate that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Monday, December 15th. National Storage Affiliates Trust’s payout ratio is presently 373.77%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings in shares of National Storage Affiliates Trust by 339.6% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 635 shares during the period. UMB Bank n.a. boosted its stake in National Storage Affiliates Trust by 71.9% during the 2nd quarter. UMB Bank n.a. now owns 906 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 379 shares during the period. Advisors Asset Management Inc. acquired a new stake in National Storage Affiliates Trust in the first quarter valued at about $32,000. Jones Financial Companies Lllp raised its stake in shares of National Storage Affiliates Trust by 81.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,302 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 586 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of National Storage Affiliates Trust in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 99.97% of the company’s stock.

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.