KeyCorp Analysts Reduce Earnings Estimates for NSA

National Storage Affiliates Trust (NYSE:NSA) – Stock analysts at KeyCorp cut their Q1 2025 earnings per share estimates for National Storage Affiliates Trust in a research report issued to clients and investors on Wednesday, March 5th. KeyCorp analyst T. Thomas now anticipates that the real estate investment trust will earn $0.58 per share for the quarter, down from their previous estimate of $0.59. The consensus estimate for National Storage Affiliates Trust’s current full-year earnings is $2.40 per share. KeyCorp also issued estimates for National Storage Affiliates Trust’s Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $0.58 EPS, FY2025 earnings at $2.35 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.61 EPS and FY2026 earnings at $2.40 EPS.

NSA has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft raised National Storage Affiliates Trust from a “sell” rating to a “hold” rating and cut their price objective for the stock from $40.00 to $38.00 in a research report on Friday, January 10th. Barclays cut their price objective on National Storage Affiliates Trust from $46.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Finally, Wells Fargo & Company cut their price objective on National Storage Affiliates Trust from $40.00 to $38.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.56.

National Storage Affiliates Trust Trading Up 1.8 %

Shares of National Storage Affiliates Trust stock opened at $39.48 on Friday. The stock has a fifty day simple moving average of $37.50 and a 200 day simple moving average of $41.89. National Storage Affiliates Trust has a 12-month low of $34.59 and a 12-month high of $49.44. The company has a market capitalization of $3.02 billion, a P/E ratio of 23.08 and a beta of 1.07. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.35.

National Storage Affiliates Trust (NYSE:NSA) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.41. National Storage Affiliates Trust had a return on equity of 10.35% and a net margin of 20.59%. The business had revenue of $190.12 million during the quarter, compared to the consensus estimate of $185.37 million.

National Storage Affiliates Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.78%. National Storage Affiliates Trust’s dividend payout ratio is presently 200.00%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Oppenheimer Asset Management Inc. lifted its position in shares of National Storage Affiliates Trust by 9.3% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 89,852 shares of the real estate investment trust’s stock valued at $3,406,000 after buying an additional 7,655 shares during the last quarter. Hancock Whitney Corp lifted its position in shares of National Storage Affiliates Trust by 1,760.2% during the 3rd quarter. Hancock Whitney Corp now owns 208,195 shares of the real estate investment trust’s stock valued at $10,035,000 after buying an additional 197,003 shares during the last quarter. Cerity Partners LLC lifted its position in shares of National Storage Affiliates Trust by 35.7% during the 3rd quarter. Cerity Partners LLC now owns 47,784 shares of the real estate investment trust’s stock valued at $2,303,000 after buying an additional 12,583 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of National Storage Affiliates Trust by 385.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 421,161 shares of the real estate investment trust’s stock valued at $20,300,000 after buying an additional 334,445 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of National Storage Affiliates Trust by 15.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 319,277 shares of the real estate investment trust’s stock valued at $15,389,000 after purchasing an additional 42,508 shares during the period. Hedge funds and other institutional investors own 99.97% of the company’s stock.

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.