National Storage Affiliates Trust (NSA)

NYSE: NSA · Real-Time Price · USD
41.61
-1.05 (-2.45%)
Jun 1, 2026, 2:57 PM EDT - Market open
Market Cap5.33B +101.5%
Revenue (ttm)749.54M +1.0%
Net Income58.01M +20.0%
EPS0.75 +518.8%
Shares Out 128.19M
PE Ratio56.90
Forward PE50.76
Dividend$2.28 (5.35%)
Ex-Dividend DateJun 15, 2026
Volume503,923
Open42.00
Previous Close42.65
Day's Range41.45 - 42.24
52-Week Range27.43 - 44.02
Beta1.09
AnalystsHold
Price Target40.97 (-1.53%)
Earnings DateMay 5, 2026

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 March 31, 2026, the Company held ownership interests in and operated 1,061 self storage properties, located in 37 states and Puerto Rico with approximately 69.3 million rentable square feet, excluding three properties classified as held for sale, th... [Read more]

IPO Date Apr 23, 2015
Employees 1,458
Stock Exchange NYSE
Ticker Symbol NSA
Full Company Profile

Financial Performance

In 2025, NSA's revenue was $745.60 million, a decrease of -1.15% compared to the previous year's $754.26 million. Earnings were $53.27 million, a decrease of -41.48%.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for NSA stock is "Hold." The 12-month stock price target is $40.97, which is a decrease of -1.53% from the latest price.

Price Target
$40.97
(-1.53% downside)
Analyst Consensus: Hold
Stock Forecasts

News

National Storage price target raised to $42 from $29 at UBS

UBS raised the firm’s price target on National Storage (NSA) to $42 from $29 and keeps a Neutral rating on the shares.

14 days ago - TheFly

National Storage Affiliates Trust Announces Quarterly Dividends

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

17 days ago - Business Wire

National Storage price target raised to $43.62 from $33.50 at Citi

Citi raised the firm’s price target on National Storage (NSA) to $43.62 from $33.50 and keeps a Neutral rating on the shares.

20 days ago - TheFly

National Storage Affiliates Trust Reports First Quarter 2026 Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports First Quarter 2026 Results.

26 days ago - Business Wire

National Storage Affiliates Trust Earnings release: Q1 2026

National Storage Affiliates Trust released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

26 days ago - Filings

National Storage Affiliates Trust Quarterly report: Q1 2026

National Storage Affiliates Trust has published its Q1 2026 quarterly earnings report on May 5, 2026.

26 days ago - Filings

5 Stones intelligence (5Si)® Expands Leadership Team With Senior Experts From CIA, NSA, and Homeland Security Investigations

MIAMI, Fla.--(BUSINESS WIRE)-- #CyberSecurity--5Si expands leadership with senior CIA, NSA, and HSI hires, strengthening global capabilities in threat intelligence, HUMINT, and risk advisory.

Other symbols: CIA
4 weeks ago - Business Wire

National Storage price target raised to $41 from $38 at Barclays

Barclays raised the firm’s price target on National Storage (NSA) to $41 from $38 and keeps an Equal Weight rating on the shares as part of a Q1 preview. The…

6 weeks ago - TheFly

National Storage Affiliates Trust Announces Date of its First Quarter 2026 Earnings Release

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the Company will release financial results for the three months ended ...

6 weeks ago - Business Wire

National Storage price target raised to $41 from $32 at Mizuho

Mizuho raised the firm’s price target on National Storage (NSA) to $41 from $32 and keeps a Neutral rating on the shares.

2 months ago - TheFly

National Storage upgraded to In Line from Underperform at Evercore ISI

Evercore ISI upgraded National Storage (NSA) to In Line from Underperform with a $41 price target after Public Storage (PSA) announced an all stock deal for its smaller rival. After…

Other symbols: PSA
2 months ago - TheFly

National Storage rises 27.0%

National Storage (NSA) is up 27.0%, or $8.36 to $39.30.

2 months ago - TheFly

National Storage upgraded to Neutral from Underperform at BNP Paribas

BNP Paribas analyst John Paul Flangos upgraded National Storage (NSA) to Neutral from Underperform with a $41 price target

2 months ago - TheFly

National Storage rises 28.8%

National Storage (NSA) is up 28.8%, or $8.92 to $39.86.

2 months ago - TheFly

National Storage Affiliates Trust Transcript: M&A announcement

A $10.5B all-stock merger creates the largest self-storage platform, expanding scale, market reach, and operational efficiency. The deal targets $110M–$130M in synergies, with integration and rebranding over several years, and is expected to close in Q3 2026.

2 months ago - Transcripts

National Storage Affiliates Trust Press release: M&A announcement

National Storage Affiliates Trust issued a press release on March 16, 2026, disclosing material business information to investors.

2 months ago - Filings

National Storage Affiliates Trust Slides: M&A announcement

National Storage Affiliates Trust has posted slides in relation to its latest quarterly earnings report, which was published on March 16, 2026.

2 months ago - Filings

Public Storage to Acquire National Storage Affiliates in $5.7 Billion Stock Deal

Public Storage agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal, creating a storage-unit company with a combined market capitalization of $57 billion.

Other symbols: PSA
2 months ago - WSJ

Public Storage to acquire National Storage in all-stock transaction

07:05 EDT Public Storage (PSA) to acquire National Storage (NSA) in all-stock transaction

Other symbols: PSA
2 months ago - TheFly

Public Storage to acquire National Storage in $10.5B all-stock transaction

Public Storage (PSA) and National Storage (NSA) announced an agreement under which Public Storage will acquire National Storage in an all-stock transaction valued at an enterprise value of approximate...

Other symbols: PSA
2 months ago - TheFly

Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders

FRISCO, Texas & GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NS...

Other symbols: PSA
2 months ago - Business Wire

National Storage price target raised to $38 from $33 at Barclays

Barclays raised the firm’s price target on National Storage (NSA) to $38 from $33 and keeps an Equal Weight rating on the shares. The firm updated self-storage real estate investment…

3 months ago - TheFly

National Storage Affiliates Trust Slides: Company presentation

National Storage Affiliates Trust has posted slides in relation to its latest quarterly earnings report, which was published on March 2, 2026.

3 months ago - Filings

National Storage price target raised to $33 from $31 at Evercore ISI

Evercore ISI raised the firm’s price target on National Storage (NSA) to $33 from $31 and keeps an Underperform rating on the shares.

3 months ago - TheFly

National Storage Affiliates Trust Earnings Call Transcript: Q4 2025

Q4 2025 saw improved portfolio performance, with Core FFO per share at the high end of guidance and sequential revenue growth. 2026 guidance calls for modest revenue and expense growth, with continued portfolio optimization and refinancing plans in place.

3 months ago - Transcripts