S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Research Analysts Offer Predictions for National Storage Affiliates Trust's FY2021 Earnings (NYSE:NSA)

Last updated on Thursday, November 25, 2021 | 2021 MarketBeat

National Storage Affiliates Trust (NYSE:NSA) - Equities research analysts at Capital One Financial upped their FY2021 earnings per share estimates for shares of National Storage Affiliates Trust in a research report issued to clients and investors on Tuesday, November 23rd. Capital One Financial analyst N. Malkin now anticipates that the real estate investment trust will post earnings of $2.22 per share for the year, up from their previous forecast of $2.14. Capital One Financial also issued estimates for National Storage Affiliates Trust's Q4 2021 earnings at $0.61 EPS, Q1 2022 earnings at $0.63 EPS, Q2 2022 earnings at $0.66 EPS, Q3 2022 earnings at $0.68 EPS, Q4 2022 earnings at $0.66 EPS, FY2022 earnings at $2.62 EPS, Q1 2023 earnings at $0.65 EPS, Q2 2023 earnings at $0.67 EPS, Q3 2023 earnings at $0.71 EPS and FY2023 earnings at $2.72 EPS.

A number of other brokerages have also issued reports on NSA. Berenberg Bank initiated coverage on shares of National Storage Affiliates Trust in a research note on Thursday, October 7th. They set a "buy" rating and a $61.00 price target on the stock. Truist Securities upped their price target on shares of National Storage Affiliates Trust from $48.00 to $57.00 and gave the company a "hold" rating in a research note on Monday, August 30th. Zacks Investment Research upgraded shares of National Storage Affiliates Trust from a "hold" rating to a "buy" rating and set a $69.00 price target on the stock in a research note on Wednesday, November 17th. Truist increased their price objective on shares of National Storage Affiliates Trust from $48.00 to $57.00 and gave the stock a "hold" rating in a research note on Monday, August 30th. Finally, Bank of America assumed coverage on shares of National Storage Affiliates Trust in a research note on Wednesday, September 15th. They issued a "neutral" rating and a $60.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $55.82.

NYSE NSA opened at $63.31 on Thursday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.05. National Storage Affiliates Trust has a 52 week low of $33.01 and a 52 week high of $64.98. The firm has a market cap of $5.64 billion, a PE ratio of 71.94, a price-to-earnings-growth ratio of 2.25 and a beta of 0.45. The company has a 50 day moving average price of $58.86 and a 200 day moving average price of $54.30. National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings data on Tuesday, November 2nd. The real estate investment trust reported $0.26 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.11). National Storage Affiliates Trust had a return on equity of 6.45% and a net margin of 18.59%. During the same quarter in the prior year, the business posted $0.44 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 30th. Investors of record on Wednesday, December 15th will be given a dividend of $0.45 per share. This is a boost from National Storage Affiliates Trust's previous quarterly dividend of $0.41. This represents a $1.80 annualized dividend and a yield of 2.84%. The ex-dividend date is Tuesday, December 14th. National Storage Affiliates Trust's dividend payout ratio (DPR) is presently 186.37%.

A number of institutional investors have recently added to or reduced their stakes in NSA. Marshall Wace North America L.P. increased its position in National Storage Affiliates Trust by 21.6% during the first quarter. Marshall Wace North America L.P. now owns 1,886 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 335 shares during the last quarter. FMR LLC purchased a new position in shares of National Storage Affiliates Trust in the first quarter valued at approximately $32,000. First Trust Advisors LP boosted its stake in shares of National Storage Affiliates Trust by 625.5% in the first quarter. First Trust Advisors LP now owns 78,207 shares of the real estate investment trust's stock valued at $2,230,000 after purchasing an additional 67,428 shares during the period. Amundi Pioneer Asset Management Inc. boosted its stake in shares of National Storage Affiliates Trust by 10.7% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 85,306 shares of the real estate investment trust's stock valued at $2,431,000 after purchasing an additional 8,230 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of National Storage Affiliates Trust by 17.6% in the first quarter. Royal Bank of Canada now owns 41,062 shares of the real estate investment trust's stock valued at $1,639,000 after purchasing an additional 6,137 shares during the period. Hedge funds and other institutional investors own 70.83% of the company's stock.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust operates as a real estate investment trust. It focuses on the ownership, operation, and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. The company was founded by Arlen D. Nordhagen in April 2013 and is headquartered in Greenwood Village, CO.

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Earnings History and Estimates for National Storage Affiliates Trust (NYSE:NSA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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