National Storage Affiliates Trust (NSA) to Release Earnings on Wednesday

National Storage Affiliates Trust (NYSE:NSA) is projected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect National Storage Affiliates Trust to post earnings of $0.19 per share and revenue of $185.37 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

National Storage Affiliates Trust Trading Down 0.3 %

NYSE:NSA opened at $37.68 on Monday. National Storage Affiliates Trust has a one year low of $34.50 and a one year high of $49.44. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $2.87 billion, a P/E ratio of 22.03 and a beta of 1.03. The firm has a 50-day simple moving average of $37.49 and a 200-day simple moving average of $42.18.

National Storage Affiliates Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.28 annualized dividend and a dividend yield of 6.05%. National Storage Affiliates Trust’s dividend payout ratio is currently 133.33%.

Analysts Set New Price Targets

Several research firms have recently commented on NSA. Barclays reduced their price target on shares of National Storage Affiliates Trust from $46.00 to $42.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Deutsche Bank Aktiengesellschaft upgraded shares of National Storage Affiliates Trust from a “sell” rating to a “hold” rating and reduced their price target for the company from $40.00 to $38.00 in a report on Friday, January 10th. Wells Fargo & Company reduced their price target on shares of National Storage Affiliates Trust from $40.00 to $38.00 and set an “underweight” rating for the company in a report on Friday. Finally, Robert W. Baird boosted their price objective on shares of National Storage Affiliates Trust from $39.00 to $42.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, National Storage Affiliates Trust has an average rating of “Hold” and a consensus price target of $42.56.

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.