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

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

National Storage Affiliates Trust Stock Performance

Shares of National Storage Affiliates Trust stock opened at $37.69 on Wednesday. The company has a 50 day moving average of $37.86 and a 200-day moving average of $42.31. The company has a market cap of $2.87 billion, a PE ratio of 22.04 and a beta of 1.03. National Storage Affiliates Trust has a 1-year low of $34.50 and a 1-year high of $49.44. 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 Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NSA shares. Deutsche Bank Aktiengesellschaft upgraded shares of National Storage Affiliates Trust from a “sell” rating to a “hold” rating and lowered their price objective for the stock from $40.00 to $38.00 in a research report on Friday, January 10th. Robert W. Baird upped their price objective on shares of National Storage Affiliates Trust from $39.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, Barclays lowered 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 research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.