National Storage Affiliates Trust (NYSE:NSA) Hits New 12-Month High - Here's Why

Key Points

• National Storage Affiliates Trust hit a new 52-week high of $41.50 on Friday (last trade $41.31) with about 80,835 shares changing hands, valuing the company at roughly $3.17 billion.
• Analysts are largely cautious — twelve Hold ratings and one Sell leave an average rating of Reduce and a consensus target of $33.60, well below the current share price.
• The REIT pays a quarterly $0.57 dividend (annualized $2.28) for a 5.6% yield, but its dividend payout ratio is an elevated 330% alongside a high debt-to-equity ratio (2.86) and a PE of about 59.6, highlighting potential sustainability and leverage concerns.

National Storage Affiliates Trust (NYSE:NSA - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The company traded as high as $41.50 and last traded at $41.3050, with a volume of 80835 shares traded. The stock had previously closed at $40.98.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NSA. Wolfe Research upgraded shares of National Storage Affiliates Trust from an "underperform" rating to a "peer perform" rating in a research report on Monday, January 26th. Truist Financial lifted their target price on shares of National Storage Affiliates Trust from $30.00 to $33.00 and gave the stock a "hold" rating in a research report on Tuesday, January 20th. Weiss Ratings reiterated a "hold (c-)" rating on shares of National Storage Affiliates Trust in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of National Storage Affiliates Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Finally, UBS Group cut their price target on shares of National Storage Affiliates Trust from $30.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, January 8th. Twelve equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $33.60.

National Storage Affiliates Trust Stock Performance

The company's 50-day moving average price is $35.42 and its 200 day moving average price is $31.99. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.25 and a current ratio of 0.25. The stock has a market capitalization of $3.17 billion, a PE ratio of 59.55 and a beta of 1.08.

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The firm had revenue of $187.03 million during the quarter, compared to analysts' expectations of $187.24 million. During the same period last year, the company posted $0.60 EPS. The company's quarterly revenue was down 1.6% compared to the same quarter last year. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. On average, equities research analysts expect that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Friday, March 13th. National Storage Affiliates Trust's dividend payout ratio (DPR) is 330.43%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Advisors Asset Management Inc. purchased a new position in National Storage Affiliates Trust during the 1st quarter valued at about $32,000. Farther Finance Advisors LLC increased its stake in National Storage Affiliates Trust by 339.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 635 shares in the last quarter. UMB Bank n.a. increased its stake in National Storage Affiliates Trust by 650.0% during the 4th quarter. UMB Bank n.a. now owns 1,125 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 975 shares in the last quarter. Jones Financial Companies Lllp increased its stake in National Storage Affiliates Trust by 207.3% during the 1st quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 821 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in National Storage Affiliates Trust during the 3rd quarter valued at about $41,000. 99.97% of the stock is owned by hedge funds and other institutional investors.

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.

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