National Storage Affiliates Trust (NYSE:NSA) Issues FY 2025 Earnings Guidance

Key Points

• National Storage Affiliates Trust has issued FY 2025 earnings guidance with expected EPS between 2.170 and 2.230, falling short of the consensus estimate of 2.319.
• The company declared a quarterly dividend of $0.57 per share, resulting in an annualized dividend of $2.28 and a yield of 7.7%.
• Shares of NSA traded down to $29.51, with analysts providing mixed ratings, including six sell ratings and one buy rating based on an average price target of $38.38.

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 2.170-2.230 for the period, compared to the consensus EPS estimate of 2.319. The company issued revenue guidance of -.

National Storage Affiliates Trust Price Performance

Shares of NSA stock traded down $0.09 during mid-day trading on Monday, hitting $29.51. 1,136,563 shares of the stock were exchanged, compared to its average volume of 861,205. The company has a market cap of $2.26 billion, a PE ratio of 50.02 and a beta of 1.10. National Storage Affiliates Trust has a 52-week low of $29.02 and a 52-week high of $49.44. The firm has a fifty day moving average of $32.54 and a 200 day moving average of $35.39. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 2.54.

National Storage Affiliates Trust (NYSE:NSA - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.03). National Storage Affiliates Trust had a return on equity of 4.59% and a net margin of 8.59%. Research analysts anticipate that National Storage Affiliates Trust will post 2.4 earnings per share for the current year.

National Storage Affiliates Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 7.7%. The ex-dividend date was Friday, June 13th. National Storage Affiliates Trust's dividend payout ratio (DPR) is currently 386.44%.

Analyst Upgrades and Downgrades

NSA has been the topic of a number of recent analyst reports. BNP Paribas upgraded shares of National Storage Affiliates Trust to a "strong sell" rating in a research note on Tuesday, June 24th. Mizuho started coverage on shares of National Storage Affiliates Trust in a research note on Wednesday, April 9th. They issued a "neutral" rating and a $35.00 target price on the stock. National Bankshares set a $33.00 price target on shares of National Storage Affiliates Trust in a report on Tuesday, June 24th. Morgan Stanley lowered shares of National Storage Affiliates Trust from an "equal weight" rating to an "underweight" rating and set a $30.00 price objective for the company. in a report on Tuesday, May 27th. Finally, Wells Fargo & Company decreased their price objective on shares of National Storage Affiliates Trust from $38.00 to $35.00 and set an "underweight" rating for the company in a report on Wednesday, July 23rd. Six analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $38.38.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its stake in shares of National Storage Affiliates Trust by 0.8% in the 1st quarter. Royal Bank of Canada now owns 110,289 shares of the real estate investment trust's stock valued at $4,345,000 after purchasing an additional 898 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in National Storage Affiliates Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 92,309 shares of the real estate investment trust's stock worth $3,637,000 after acquiring an additional 27,546 shares during the last quarter. Empowered Funds LLC boosted its stake in National Storage Affiliates Trust by 2.0% during the 1st quarter. Empowered Funds LLC now owns 61,409 shares of the real estate investment trust's stock worth $2,420,000 after acquiring an additional 1,209 shares during the last quarter. Jones Financial Companies Lllp boosted 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 worth $48,000 after acquiring an additional 821 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new position in National Storage Affiliates Trust during the 1st quarter worth approximately $32,000. Institutional investors own 99.97% of the company's stock.

About National Storage Affiliates Trust

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.

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