National Storage Affiliates Trust (NYSE:NSA) Given Consensus Recommendation of “Reduce” by Brokerages

National Storage Affiliates Trust (NYSE:NSA) has earned a consensus recommendation of “Reduce” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and twelve have given a hold rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $33.60.

NSA has been the topic of several recent research reports. Wells Fargo & Company cut their price target on National Storage Affiliates Trust from $35.00 to $33.00 and set an “underweight” rating for the company in a report on Thursday, February 5th. National Bank Financial set a $32.00 price objective on National Storage Affiliates Trust in a research note on Friday, December 5th. Evercore raised National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Wall Street Zen downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Finally, Mizuho upped their price target on National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a research report on Monday, January 12th.

Institutional Trading of National Storage Affiliates Trust

Institutional investors and hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its holdings in National Storage Affiliates Trust by 2.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 13,686 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 336 shares during the period. Peak Financial Advisors LLC increased its holdings in shares of National Storage Affiliates Trust by 3.0% in the third quarter. Peak Financial Advisors LLC now owns 13,272 shares of the real estate investment trust’s stock worth $401,000 after purchasing an additional 382 shares during the period. California State Teachers Retirement System increased its holdings in shares of National Storage Affiliates Trust by 0.6% in the second quarter. California State Teachers Retirement System now owns 66,648 shares of the real estate investment trust’s stock worth $2,132,000 after purchasing an additional 392 shares during the period. Parallel Advisors LLC raised its position in shares of National Storage Affiliates Trust by 42.5% in the third quarter. Parallel Advisors LLC now owns 1,421 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 424 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of National Storage Affiliates Trust by 12.7% in the fourth quarter. IFP Advisors Inc now owns 4,531 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 511 shares in the last quarter. 99.97% of the stock is currently owned by hedge funds and other institutional investors.

National Storage Affiliates Trust Stock Performance

NYSE NSA opened at $37.80 on Wednesday. The firm has a market cap of $2.91 billion, a P/E ratio of 54.78 and a beta of 1.17. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.86. The company’s 50 day moving average is $34.42 and its 200-day moving average is $31.57. National Storage Affiliates Trust has a 12-month low of $27.43 and a 12-month high of $41.37.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The company had revenue of $187.03 million during the quarter, compared to the consensus estimate of $187.24 million. During the same period last year, the firm earned $0.60 EPS. National Storage Affiliates Trust’s revenue for the quarter was down 1.6% on a year-over-year basis. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. Sell-side analysts predict that National Storage Affiliates Trust will post 2.4 earnings per share for the current year.

National Storage Affiliates Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.28 annualized dividend and a yield of 6.0%. National Storage Affiliates Trust’s payout ratio is currently 330.43%.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.