National Storage Affiliates Trust (NSA)
| Market Cap | 5.37B |
| Revenue (ttm) | 745.60M |
| Net Income (ttm) | 53.27M |
| Shares Out | 128.13M |
| EPS (ttm) | 0.69 |
| PE Ratio | 60.72 |
| Forward PE | 65.04 |
| Dividend | $2.28 (5.32%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 2,170,678 |
| Open | 43.11 |
| Previous Close | 42.89 |
| Day's Range | 41.54 - 43.49 |
| 52-Week Range | 27.43 - 44.02 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 34.38 (-17.95%) |
| Earnings Date | May 5, 2026 |
About NSA
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, 2025, the Company held ownership interests in and operated 1,063 self storage properties, located in 37 states and Puerto Rico with approximately 69.4 million rentable square feet, excluding three properties classified as held for sale,... [Read more]
Financial Performance
In 2025, NSA's revenue was $745.60 million, a decrease of -1.15% compared to the previous year's $754.26 million. Earnings were $53.27 million, a decrease of -41.48%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for NSA stock is "Hold." The 12-month stock price target is $34.38, which is a decrease of -17.95% from the latest price.
News
National Storage Affiliates Trust Announces Date of its First Quarter 2026 Earnings Release
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the Company will release financial results for the three months ended ...
National Storage Affiliates Trust Transcript: M&A announcement
A $10.5B all-stock merger creates the largest self-storage platform, expanding scale, market reach, and operational efficiency. The deal targets $110M–$130M in synergies, with integration and rebranding over several years, and is expected to close in Q3 2026.
Public Storage to Acquire National Storage Affiliates in $5.7 Billion Stock Deal
Public Storage agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal, creating a storage-unit company with a combined market capitalization of $57 billion.
Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders
FRISCO, Texas & GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NS...
National Storage Affiliates Trust Earnings Call Transcript: Q4 2025
Q4 2025 saw improved portfolio performance, with Core FFO per share at the high end of guidance and sequential revenue growth. 2026 guidance calls for modest revenue and expense growth, with continued portfolio optimization and refinancing plans in place.
National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2025 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2025 Results.
National Storage Affiliates Trust Announces Quarterly Dividends
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Quarterly Dividends.
National Storage Affiliates Trust Announces Tax Treatment of 2025 Distributions
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Tax Treatment of 2025 Distributions.
National Storage Affiliates Trust Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call.
Dividends Up To 20% Wall Street Says You Should Sell
We contrarians follow Wall Street analysts because we like to fade their opinions!
National Storage Affiliates Trust Earnings Call Transcript: Q3 2025
Q3 results showed sequential improvement in same-store revenue growth and Core FFO per share beat consensus. Expense pressures remain, but operational upgrades and a new preferred equity program support positive momentum into 2026.
National Storage Affiliates Trust Reports Third Quarter 2025 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Third Quarter 2025 Results.
National Storage Affiliates Trust Announces Preferred Equity Investment in Newly Formed Joint Venture
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Preferred Equity Investment in Newly Formed Joint Venture.
National Storage Affiliates Trust Announces Date of Third Quarter 2025 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of Third Quarter 2025 Earnings Release and Conference Call.
National Storage Affiliates Trust Earnings Call Transcript: Q2 2025
Q2 2025 saw sequential occupancy and rent improvements, but Core FFO per share fell 11% year-over-year due to macro headwinds, higher expenses, and delayed PRO-internalization benefits. Guidance was revised downward, but positive trends in occupancy, rent path, and technology adoption support a cautiously optimistic outlook.
National Storage Affiliates Trust Reports Second Quarter 2025 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Second Quarter 2025 Results.
National Storage Affiliates Trust Announces Date of Second Quarter 2025 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of Second Quarter 2025 Earnings Release and Conference Call.
What Does Wall Street Hate About These Massive Dividends?
Wall Street analysts have “Buy” ratings on 388 stocks in the S&P 500. That's over 76% of the index!
National Storage Affiliates Trust Earnings Call Transcript: Q1 2025
First quarter results aligned with expectations, with sequential revenue growth and strong rate increases offsetting softer occupancy. Guidance remains unchanged, expecting a return to positive growth in the back half of the year, while operational improvements and capital recycling continue to drive efficiency.
National Storage Affiliates Trust Reports First Quarter 2025 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports First Quarter 2025 Results.
National Storage Affiliates Trust Announces Date of First Quarter 2025 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of First Quarter 2025 Earnings Release and Conference Call.
National Storage Affiliates Trust Earnings Call Transcript: Q4 2024
Internalization and platform consolidation drove operational efficiencies and cost savings, with Core FFO at the high end of guidance. 2025 outlook anticipates flat revenue, modest NOI decline, and improved occupancy as supply pressures ease and housing market stabilizes.
National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2024 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2024 Results.
National Storage Affiliates Trust Announces Date of its Fourth Quarter 2024 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of its Fourth Quarter 2024 Earnings Release and Conference Call.
National Storage Affiliates Trust Announces Tax Treatment of 2024 Distributions
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Tax Treatment of 2024 Distributions.