National Storage Affiliates Trust (NSA) Expected to Announce Earnings on Wednesday

National Storage Affiliates Trust (NYSE:NSA) will likely be releasing 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 that are interested in registering for the company’s earnings conference call can do so using this link.

National Storage Affiliates Trust Trading Up 1.0 %

NYSE NSA opened at $38.10 on Tuesday. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 22.28 and a beta of 1.03. 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 current ratio of 0.72 and a quick ratio of 0.72. The business’s fifty day moving average is $37.43 and its 200-day moving average is $42.15.

National Storage Affiliates Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date of this dividend is Friday, March 14th. National Storage Affiliates Trust’s payout ratio is 133.33%.

Wall Street Analyst Weigh In

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