National Storage Affiliates Trust (NSA) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for National Storage Affiliates Trust in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NSA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NSA, but not buy additional shares or sell existing shares.
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10 brokerages have issued 12-month target prices for National Storage Affiliates Trust's stock. Their NSA share price forecasts range from $38.00 to $60.00. On average, they expect the company's stock price to reach $46.90 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price.
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National Storage Affiliates Trust's stock was trading at $36.12 on January 1st, 2023. Since then, NSA shares have increased by 1.3% and is now trading at $36.58.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our NSA earnings forecast.

National Storage Affiliates Trust (NYSE:NSA) posted its earnings results on Tuesday, February, 28th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.40. The real estate investment trust had revenue of $208.72 million for the quarter, compared to analyst estimates of $204.82 million. National Storage Affiliates Trust had a net margin of 13.07% and a trailing twelve-month return on equity of 4.93%. The firm's revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share.

National Storage Affiliates Trust declared a quarterly dividend on Thursday, May 25th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.56 per share on Friday, June 30th. This represents a $2.24 dividend on an annualized basis and a yield of 6.12%. The ex-dividend date is Wednesday, June 14th. This is a boost from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for NSA.

ETFs with the largest weight of National Storage Affiliates Trust (NYSE:NSA) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Pacer Industrial Real Estate ETF (INDS), Nuveen Short-Term REIT ETF (NURE), Invesco Active U.S. Real Estate ETF (PSR), Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC) and Virtus Real Asset Income ETF (VRAI).

National Storage Affiliates Trust (NYSE:NSA) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.93%. NSA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 220.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NSA will have a dividend payout ratio of 75.34% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NSA.

National Storage Affiliates Trust updated its FY23 earnings guidance on Monday, May, 1st. The company provided EPS guidance of $2.78-$2.86 for the period, compared to the consensus earnings per share estimate of $2.84.

Based on aggregate information from My MarketBeat watchlists, some companies that other National Storage Affiliates Trust investors own include AbbVie (ABBV), AT&T (T), Johnson & Johnson (JNJ), Pfizer (PFE), Ventas (VTR), Caterpillar (CAT), Boeing (BA), Bristol-Myers Squibb (BMY), Crown Castle (CCI) and Cisco Systems (CSCO).

(NSA) raised $320 million in an initial public offering (IPO) on Thursday, April 23rd 2015. The company issued 20,000,000 shares at a price of $15.00-$17.00 per share. Jefferies, Morgan Stanley and Wells Fargo Securities served as the underwriters for the IPO and KeyBanc Capital Markets, Baird, RBC Capital Markets, SunTrust Robinson Humphrey and Capital One Securities were co-managers.

National Storage Affiliates Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "NSA."

National Storage Affiliates Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.92%), State Street Corp (5.42%), Wasatch Advisors LP (4.21%), FMR LLC (2.00%), Geode Capital Management LLC (1.58%) and Thrivent Financial for Lutherans (1.57%). Insiders that own company stock include Arlen Dale Nordhagen, Chad Leroy Meisinger, David Cramer, J Timothy Warren, Mourick Mark Van, Tamara D Fischer and Tamara D Fischer.
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Shares of NSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NSA stock can currently be purchased for approximately $36.58.

National Storage Affiliates Trust (NYSE:NSA) has a market capitalization of $3.23 billion and generates $801.57 million in revenue each year. The real estate investment trust earns $103.74 million in net income (profit) each year or $1.00 on an earnings per share basis.

The company employs 1,155 workers across the globe.

National Storage Affiliates Trust's mailing address is 8400 EAST PRENTICE AVENUE 9TH FLOOR, GREENWOOD VILLAGE CO, 80111. The official website for the company is www.nationalstorageaffiliates.com. The real estate investment trust can be reached via phone at (720) 630-2600, via email at ghoglund@nsareit.net, or via fax at 720-630-2626.