National Storage Affiliates Trust (NSA) Expected to Announce Quarterly Earnings on Monday

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect National Storage Affiliates Trust to post earnings of $0.58 per share and revenue of $184.65 million for the quarter. National Storage Affiliates Trust has set its FY 2025 guidance at 2.300-2.380 EPS.

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) last released its earnings results on Wednesday, February 26th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.41. The business had revenue of $190.12 million during the quarter, compared to analyst estimates of $185.37 million. National Storage Affiliates Trust had a net margin of 20.59% and a return on equity of 10.35%. On average, analysts expect National Storage Affiliates Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

National Storage Affiliates Trust Price Performance

Shares of NYSE:NSA traded up $0.46 during midday trading on Friday, hitting $37.69. The company's stock had a trading volume of 698,088 shares, compared to its average volume of 654,278. The company has a market cap of $2.88 billion, a P/E ratio of 22.04 and a beta of 1.04. National Storage Affiliates Trust has a 12-month low of $30.88 and a 12-month high of $49.44. The business's 50 day simple moving average is $37.00 and its 200 day simple moving average is $39.05. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.72 and a current ratio of 0.72.

National Storage Affiliates Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date was Friday, March 14th. National Storage Affiliates Trust's dividend payout ratio (DPR) is 200.00%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company cut their price target on National Storage Affiliates Trust from $40.00 to $38.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Deutsche Bank Aktiengesellschaft upgraded National Storage Affiliates Trust from a "sell" rating to a "hold" rating and reduced their price target for the stock from $40.00 to $38.00 in a report on Friday, January 10th. Mizuho assumed coverage on shares of National Storage Affiliates Trust in a report on Wednesday, April 9th. They issued a "neutral" rating and a $35.00 price objective for the company. Robert W. Baird reduced their target price on shares of National Storage Affiliates Trust from $42.00 to $39.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Finally, Barclays dropped their price target on shares of National Storage Affiliates Trust from $42.00 to $41.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, National Storage Affiliates Trust currently has a consensus rating of "Hold" and an average price target of $41.28.

Insider Activity

In other news, Director Michael J. Schall acquired 4,000 shares of the company's stock in a transaction dated Thursday, March 6th. The stock was acquired at an average cost of $38.54 per share, with a total value of $154,160.00. Following the completion of the purchase, the director now owns 6,000 shares of the company's stock, valued at $231,240. This represents a 200.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders own 13.70% of the company's stock.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party.