National Storage Affiliates Trust (NSA)

NYSE: NSA · Real-Time Price · USD
28.81
+0.52 (1.84%)
Nov 21, 2025, 4:00 PM EST - Market closed
1.84%
Market Cap3.70B
Revenue (ttm)741.51M
Net Income (ttm)47.12M
Shares Out 128.53M
EPS (ttm)0.61
PE Ratio47.35
Forward PE34.83
Dividend$2.28 (7.91%)
Ex-Dividend DateDec 15, 2025
Volume894,623
Open28.48
Previous Close28.29
Day's Range28.40 - 29.19
52-Week Range28.02 - 46.07
Beta1.21
AnalystsHold
Price Target34.25 (+18.88%)
Earnings DateNov 3, 2025

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 September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage properties, located in 37 states and Puerto Rico with approximately 69.8 million rentable square feet. NSA is one of the largest owners and operators of self... [Read more]

IPO Date Apr 23, 2015
Employees 1,466
Stock Exchange NYSE
Ticker Symbol NSA
Full Company Profile

Financial Performance

In 2024, NSA's revenue was $754.26 million, a decrease of -12.86% compared to the previous year's $865.62 million. Earnings were $91.03 million, a decrease of -33.84%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for NSA stock is "Hold." The 12-month stock price target is $34.25, which is an increase of 18.88% from the latest price.

Price Target
$34.25
(18.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Dividends Up To 20% Wall Street Says You Should Sell

We contrarians follow Wall Street analysts because we like to fade their opinions!

Other symbols: ALXCRCTRHI
1 day ago - Forbes

National Storage Affiliates Trust Announces Quarterly Dividends

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Quarterly Dividends.

10 days ago - Business Wire

REIT Replay: REIT Indexes Outperform Broader Markets During 1st Week Of November

Indexes tracking real estate investment trust stocks outperformed the broader stock market indexes during the first week of November. The Dow Jones Equity All REIT closed the recent week up 1.40%, whi...

12 days ago - Seeking Alpha

National Storage Affiliates Trust (NSA) Q3 2025 Earnings Call Transcript

National Storage Affiliates Trust ( NSA) Q3 2025 Earnings Call November 4, 2025 1:00 PM EST Company Participants George Hoglund - Vice President of Investor Relations David Cramer - President, CEO & ...

19 days ago - Seeking Alpha

REIT Replay: REIT Indexes Close Final Week Of October In The Red

US equity real estate investment trust indexes dropped during the final week of October. The Dow Jones Equity All REIT index closed the recent week down 3.29%, while the MSCI US REIT (RMZ) index fell ...

19 days ago - Seeking Alpha

National Storage Affiliates Trust Reports Third Quarter 2025 Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Third Quarter 2025 Results.

20 days ago - Business Wire

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.

20 days ago - Business Wire

Top REIT Picks To Profit From The AI Revolution

AI is impacting everything, even REITs. Data center REITs are an obvious winner, but there are many others. I discuss two REITs that could win big from the AI revolution.

Other symbols: CUBEEXRPSAREXR
4 weeks ago - Seeking Alpha

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.

6 weeks ago - Business Wire

National Storage Affiliates: Fed Rate Cuts May Bring Long-Awaited Turnaround

National Storage Affiliates is a storage REIT focused on the Sunbelt region, which accounts for 66% of the company's store count. Operating performance remains challenging in 2025, prompting NSA to re...

2 months ago - Seeking Alpha

National Storage Affiliates Trust (NSA) Q2 2025 Earnings Call Transcript

National Storage Affiliates Trust (NYSE:NSA) Q2 2025 Earnings Conference Call August 5, 2025 1:00 PM ET Company Participants Brandon S. Togashi - Executive VP, CFO & Treasurer Dave Cramer - Corporate...

3 months ago - Seeking Alpha

National Storage Affiliates Trust Reports Second Quarter 2025 Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Second Quarter 2025 Results.

3 months ago - Business Wire

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.

4 months ago - Business Wire

Credit Rating For The Unrated REITs (Part 5): National Storage Affiliates Trust

NSA demonstrates a strong market position, stable financials, and good liquidity, supporting a Baa3 (lower investment grade) credit rating after market adjustments. NSA.PR.B preferred stock is the mor...

5 months ago - Seeking Alpha

U.S. REIT Same-Store Net Operating Income Growth Slips In Q1

US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity...

Other symbols: AHRCDPCMCTCOLDDHCDOCFR
6 months ago - Seeking Alpha

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!

Other symbols: CNACRCTGSBD
6 months ago - Forbes

National Storage Affiliates Trust (NSA) Q1 2025 Earnings Call Transcript

National Storage Affiliates Trust (NYSE:NSA) Q1 2025 Earnings Conference Call May 6, 2025 1:00 PM ET Company Participants George Hoglund - Vice President, Investor Relations Dave Cramer - President &...

7 months ago - Seeking Alpha

National Storage Affiliates Trust Reports First Quarter 2025 Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports First Quarter 2025 Results.

7 months ago - Business Wire

National Storage Affiliates: Dividend Looks Tempting, But High Payout Ratio

National Storage Affiliates Trust faces declining earnings, increasing debt, and a high payout ratio, but remains a major player in the self-storage sector. NSA's stock showed stability with a 1.07% i...

7 months ago - Seeking Alpha

Mousetraps: 9 High-Yield REITS With Potentially Unsafe Dividends

The recent sell-off has increased the temptation to reach for some of the many high-yield REITs, but beware of "mousetrap" REITs with unsustainable dividends. Dividend safety is crucial; a cut can lea...

Other symbols: ALXBDNBFSBHRBRTBXPCCI
8 months ago - Seeking Alpha

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.

8 months ago - Business Wire

REITs Rally As Rates Tumble

US equity markets declined for the fourth week in the past five after a frenetic slate of geopolitical headlines and economic data indicated a sluggish start to 2025 for global growth. The Atlanta Fed...

Other symbols: AHRAVBBBREBXCCIDRNDRV
9 months ago - Seeking Alpha

National Storage Affiliates Trust (NSA) Q4 2024 Earnings Conference Call Transcript

National Storage Affiliates Trust (NYSE:NSA) Q4 2024 Earnings Conference Call February 27, 2025 1:00 PM ET Company Participants George Hoglund - VP, IR David Cramer - President and CEO Brandon Togash...

9 months ago - Seeking Alpha

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.

9 months ago - Business Wire

National Storage Affiliates: Core FFO May Reach $2.55/Share In 2025

National Storage Affiliates is a storage REIT with 66% exposure to the Sunbelt region. The company only has 5% floating rate debt, which coupled with ongoing refinancing of fixed-rate debt indicates l...

10 months ago - Seeking Alpha