National Storage Affiliates Trust (NSA)
| Market Cap | 5.60B +101.3% |
| Revenue (ttm) | 749.54M +1.0% |
| Net Income | 58.01M +20.0% |
| EPS | 0.75 +518.8% |
| Shares Out | 128.19M |
| PE Ratio | 58.26 |
| Forward PE | 66.77 |
| Dividend | $2.28 (5.22%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 726,754 |
| Open | 43.74 |
| Previous Close | 43.33 |
| Day's Range | 43.40 - 43.91 |
| 52-Week Range | 27.43 - 44.02 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 34.38 (-21.27%) |
| Earnings Date | May 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 December 31, 2025, the Company held ownership interests in and operated 1,063 self storage properties, located in 37 states and Puerto Rico with approximately 69.4 million rentable square feet, excluding three properties classified as held for sale,... [Read more]
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 StatementsAnalyst Summary
According to 9 analysts, the average rating for NSA stock is "Hold." The 12-month stock price target is $34.38, which is a decrease of -21.27% from the latest price.
News
National Storage Affiliates Trust Reports First Quarter 2026 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports First Quarter 2026 Results.
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.
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
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 ...
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.
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
National Storage rises 27.0%
National Storage (NSA) is up 27.0%, or $8.36 to $39.30.
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
National Storage rises 28.8%
National Storage (NSA) is up 28.8%, or $8.92 to $39.86.
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.
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.
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
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...
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...
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
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.
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.
National Storage sees FY26 FFO $2.13-$2.25, consensus $2.21
16:47 EST National Storage (NSA) sees FY26 FFO $2.13-$2.25, consensus $2.21
National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2025 Results
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2025 Results.
National Storage Affiliates Trust Announces Quarterly Dividends
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Quarterly Dividends.
National Storage price target lowered to $33 from $35 at Wells Fargo
Wells Fargo analyst Eric Luebchow lowered the firm’s price target on National Storage (NSA) to $33 from $35 and keeps an Underweight rating on the shares. The firm is slightly
National Storage Affiliates Trust Announces Tax Treatment of 2025 Distributions
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Tax Treatment of 2025 Distributions.
National Storage upgraded to Peer Perform from Underperform at Wolfe Research
Wolfe Research upgraded National Storage (NSA) to Peer Perform from Underperform without a price target The company’s earnings have stabilized, making the stock’s “discounted valuation more meaningful...
National Storage Affiliates Trust Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call.
National Storage price target raised to $33 from $30 at Truist
Truist raised the firm’s price target on National Storage (NSA) to $33 from $30 and keeps a Hold rating on the shares. The firm adjusted ratings and targets in the