National Storage Affiliates Trust
About: National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, Northwest and Move It brands.
Employees: 1,108
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $848K
15% more capital invested
Capital invested by funds: $2.8B [Q2] → $3.24B (+$434M) [Q3]
2.3% less ownership
Funds ownership: 90.87% [Q2] → 88.57% (-2.3%) [Q3]
3% less funds holding
Funds holding: 353 [Q2] → 342 (-11) [Q3]
19% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 58
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 141
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
8%
downside
Avg. target
$45
0%
upside
High target
$54
21%
upside
5 analyst ratings
1 positive
20%
2 neutral
40%
2 negative
40%
Baird Wesley Golladay 88% 1-year accuracy 7 / 8 met price target | 6%downside $42 | Neutral Maintained | 6 Nov 2024 |
Barclays Brendan Lynch 56% 1-year accuracy 9 / 16 met price target | 3%upside $46 | Equal-Weight Maintained | 28 Oct 2024 |
Wells Fargo Eric Luebchow 81% 1-year accuracy 30 / 37 met price target | 6%downside $42 | Underweight Maintained | 21 Oct 2024 |
Jefferies Jonathan Petersen 50% 1-year accuracy 6 / 12 met price target | 21%upside $54 | Buy Maintained | 18 Sept 2024 |
Evercore ISI Group Steve Sakwa 51% 1-year accuracy 26 / 51 met price target | 8%downside $41 | Underperform Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 3 articles about NSA published over the past 30 days
Negative
Seeking Alpha
1 week ago
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October.
Positive
Seeking Alpha
1 week ago
National Storage Affiliates: A Sunbelt Star To Buy At The Right Price
National Storage Affiliates has delivered an outsized total return since March, outperforming the S&P 500's 13% rise over the same period. NSA's unique PRO structure and focus on the Sunbelt market have driven strong long-term returns, despite recent near-term pressures on revenue and occupancy. NSA's internalization of management on PRO properties and limited new supply in key markets position it for future growth, but the current valuation appears fully priced.
Neutral
Business Wire
2 weeks ago
National Storage Affiliates Trust Announces Quarterly Dividends
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Quarterly Dividends.
Neutral
Seeking Alpha
1 month ago
National Storage Affiliates Trust (NSA) Q3 2024 Earnings Call Transcript
National Storage Affiliates Trust. (NYSE:NSA ) Q3 2024 Earnings Conference Call October 31, 2024 1:00 PM ET Company Participants George Hoglund - Vice President, Investor Relations David Cramer - President and CEO Brandon Togashi - Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Jeffrey Spector - Bank of America Michael Goldsmith - UBS Omotayo Okusanya - Deutsche Bank Ronald Kamdem - Morgan Stanley Salil Mehta - Green Street Brendan Lynch - Barclays Operator Greetings, and welcome to the National Storage Affiliates' Third Quarter 2024 Conference Call.
Positive
Zacks Investment Research
1 month ago
National Storage (NSA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for National Storage (NSA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
National Storage (NSA) Beats Q3 FFO and Revenue Estimates
National Storage (NSA) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to FFO of $0.67 per share a year ago.
Neutral
Business Wire
1 month ago
National Storage Affiliates Trust Reports Third Quarter 2024 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Third Quarter 2024 Results.
Neutral
Business Wire
1 month ago
National Storage Affiliates Trust Announces Date of its Third Quarter 2024 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of its Third Quarter 2024 Earnings Release and Conference Call.
Positive
Seeking Alpha
2 months ago
Fed Ahead
Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years.
Positive
The Motley Fool
2 months ago
Why I Just Bought These 2 High-Yield REIT Stocks
Realty Income and National Storage Affiliates have solid businesses with great long-term prospects. The REITs' juicy dividends give them a nice head start on delivering strong total returns.
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