National Storage Affiliates Trust (NSA) vs. Its Rivals Head to Head Contrast

National Storage Affiliates Trust (NYSE:NSA) is one of 110 publicly-traded companies in the “REIT – EQTY TRUST – OTHER” industry, but how does it weigh in compared to its peers? We will compare National Storage Affiliates Trust to similar businesses based on the strength of its valuation, profitability, analyst recommendations, risk, earnings, dividends and institutional ownership.

Analyst Ratings

This is a summary of current ratings and target prices for National Storage Affiliates Trust and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
National Storage Affiliates Trust	1	12	0	0	1.92
National Storage Affiliates Trust Competitors	2343	7935	8330	290	2.35

National Storage Affiliates Trust presently has a consensus target price of $33.60, indicating a potential downside of 10.19%. As a group, “REIT – EQTY TRUST – OTHER” companies have a potential upside of 15.98%. Given National Storage Affiliates Trust’s peers stronger consensus rating and higher probable upside, analysts clearly believe National Storage Affiliates Trust has less favorable growth aspects than its peers.

Volatility and Risk

National Storage Affiliates Trust has a beta of 1.17, suggesting that its share price is 17% more volatile than the S&P 500. Comparatively, National Storage Affiliates Trust’s peers have a beta of 1.20, suggesting that their average share price is 20% more volatile than the S&P 500.

Earnings & Valuation

This table compares National Storage Affiliates Trust and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
National Storage Affiliates Trust	$752.93 million	$73.78 million	54.22
National Storage Affiliates Trust Competitors	$1.56 billion	$213.38 million	28.51

National Storage Affiliates Trust’s peers have higher revenue and earnings than National Storage Affiliates Trust. National Storage Affiliates Trust is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares National Storage Affiliates Trust and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
National Storage Affiliates Trust	9.80%	5.81%	1.43%
National Storage Affiliates Trust Competitors	0.15%	1.34%	0.84%

Dividends

National Storage Affiliates Trust pays an annual dividend of $2.28 per share and has a dividend yield of 6.1%. National Storage Affiliates Trust pays out 330.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “REIT – EQTY TRUST – OTHER” companies pay a dividend yield of 4.9% and pay out 449.1% of their earnings in the form of a dividend. National Storage Affiliates Trust has increased its dividend for 1 consecutive years. National Storage Affiliates Trust is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Institutional & Insider Ownership

100.0% of National Storage Affiliates Trust shares are owned by institutional investors. Comparatively, 76.0% of shares of all “REIT – EQTY TRUST – OTHER” companies are owned by institutional investors. 13.7% of National Storage Affiliates Trust shares are owned by insiders. Comparatively, 6.0% of shares of all “REIT – EQTY TRUST – OTHER” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

National Storage Affiliates Trust beats its peers on 8 of the 15 factors compared.

National Storage Affiliates Trust Company Profile

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. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.