National Storage Affiliates Trust (NSA) to Release Earnings on Monday

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) is expected to be posting 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 posted its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.41. National Storage Affiliates Trust had a return on equity of 10.35% and a net margin of 20.59%. The firm had revenue of $190.12 million during the quarter, compared to analysts' expectations of $185.37 million. 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 Stock Performance

Shares of National Storage Affiliates Trust stock traded up $0.03 during trading on Thursday, hitting $37.23. 674,459 shares of the company's stock traded hands, compared to its average volume of 656,707. National Storage Affiliates Trust has a 1 year low of $30.88 and a 1 year high of $49.44. The business has a 50-day simple moving average of $37.04 and a 200-day simple moving average of $39.19. The stock has a market capitalization of $2.85 billion, a P/E ratio of 21.77 and a beta of 1.04. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.72 and a quick ratio of 0.72.

National Storage Affiliates Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 6.12%. The ex-dividend date was Friday, March 14th. National Storage Affiliates Trust's dividend payout ratio is currently 200.00%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Barclays lowered their price objective on shares of National Storage Affiliates Trust from $42.00 to $41.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft raised National Storage Affiliates Trust from a "sell" rating to a "hold" rating and lowered their price target for the company from $40.00 to $38.00 in a report on Friday, January 10th. Wells Fargo & Company cut their price objective 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. Robert W. Baird lowered their target price on National Storage Affiliates Trust from $42.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Finally, Mizuho assumed coverage on National Storage Affiliates Trust in a research note on Wednesday, April 9th. They set a "neutral" rating and a $35.00 price target for the company. Two equities research 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's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $41.28.

Insider Buying and Selling

In related news, Director Michael J. Schall purchased 4,000 shares of National Storage Affiliates Trust stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of $38.54 per share, for a total transaction of $154,160.00. Following the completion of the transaction, the director now directly owns 6,000 shares in the company, valued at $231,240. This represents a 200.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 13.70% of the stock is owned by insiders.

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.