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

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

National Storage Affiliates Trust Stock Performance

Shares of NSA stock opened at $37.69 on Wednesday. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 22.04 and a beta of 1.03. 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 company has a 50-day simple moving average of $37.86 and a 200 day simple moving average of $42.31. National Storage Affiliates Trust has a 52 week low of $34.50 and a 52 week high of $49.44.

National Storage Affiliates Trust Dividend Announcement

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

Analyst Ratings Changes

NSA has been the subject of a number of recent research reports. Barclays cut their price objective 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. Robert W. Baird boosted their price objective on shares of National Storage Affiliates Trust from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft raised shares of National Storage Affiliates Trust from a “sell” rating to a “hold” rating and cut their price objective for the company from $40.00 to $38.00 in a report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, National Storage Affiliates Trust presently has an average rating of “Hold” and an average price target of $43.06.

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.