NSA - National Storage Affiliates Trust Stock Price, Fair Value and News

36.64USD+0.49 (+1.36%)Delayed as of 09 May 2024, 01:04 pm ET

Market Summary

USD36.64+0.49

Delayedas of 09 May 2024, 01:04 pm

1.36%

NSA Alerts

Big jump in Earnings (Y/Y)

NSA Stock Price

View Fullscreen

NSA RSI Chart

NSA Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

14.34

Price/Sales (Trailing)

3.2

EV/EBITDA

3.89

Price/Free Cashflow

6.36

NSA Price/Sales (Trailing)

NSA Profitability

Operating Margin

73.15%

EBT Margin

34.62%

Return on Equity

9.71%

Return on Assets

3.52%

Free Cashflow Yield

15.71%

NSA Fundamentals

NSA Revenue

Revenue (TTM)

846.2M

Rev. Growth (Yr)

-5.69%

Rev. Growth (Qtr)

-8.94%

NSA Earnings

Earnings (TTM)

189.0M

Earnings Growth (Yr)

46.14%

Earnings Growth (Qtr)

6.75%

Breaking Down NSA Revenue

52 Week Range

30.1038.50

(Low)(High)

Last 7 days

1.7%

Last 30 days

-6.3%

Last 90 days

-2.3%

Trailing 12 Months

-5.0%

How does NSA drawdown profile look like?

NSA Financial Health

NSA Investor Care

Dividend Yield

6.17%

Dividend/Share (TTM)

2.23

Buy Backs (1Y)

15.11%

Diluted EPS (TTM)

1.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	846.2M	0	0	0
2023	822.4M	839.0M	851.4M	858.1M
2022	649.9M	710.5M	766.4M	801.6M
2021	451.0M	484.8M	526.2M	585.7M
2020	401.5M	410.5M	418.7M	432.2M
2019	345.0M	360.7M	376.6M	387.9M
2018	283.1M	298.4M	315.0M	330.9M
2017	221.0M	238.0M	253.9M	268.1M
2016	145.3M	160.9M	178.2M	199.0M
2015	92.1M	107.5M	122.3M	133.9M
2014	0	0	0	77.0M
2013	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of National Storage Affiliates Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 19, 2023	nordhagen arlen dale	gifted	-	-	-15,000	vice chairperson
Dec 18, 2023	nordhagen arlen dale	gifted	-	-	-72,000	vice chairperson
Dec 11, 2023	nordhagen arlen dale	gifted	-	-	-8,100	vice chairperson
Dec 11, 2023	nordhagen arlen dale	bought	237,250	36.5	6,500	vice chairperson
Dec 05, 2023	nordhagen arlen dale	gifted	-	-	-8,400	vice chairperson
Dec 05, 2023	nordhagen arlen dale	bought	359,200	35.92	10,000	vice chairperson
Nov 13, 2023	fischer tamara d	bought	18,045	29.68	608	executive chair
Aug 31, 2023	cramer david	acquired	-	-	76.00	president and ceo
Aug 31, 2023	nordhagen arlen dale	acquired	-	-	18,442	vice chairperson
Aug 31, 2023	cramer david	acquired	-	-	9,306	president and ceo

Which funds bought or sold NSA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Arizona State Retirement System	reduced	-8.47	-133,378	849,420	0.01%
May 07, 2024	ASSETMARK, INC	sold off	-100	-290	-	-%
May 07, 2024	M&T Bank Corp	added	8.88	14,846	535,587	-%
May 07, 2024	OPPENHEIMER & CO INC	reduced	-1.13	-22,339	314,024	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-20.32	-749,000	2,278,000	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	27.02	145,982	877,928	-%
May 07, 2024	Empowered Funds, LLC	added	123	2,093,300	3,978,810	0.04%
May 07, 2024	Malaga Cove Capital, LLC	added	68.04	169,704	458,916	0.19%
May 07, 2024	Swiss National Bank	reduced	-6.76	-828,460	6,100,310	-%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-20.81	-683,095	2,025,390	0.05%

Are Funds Buying or Selling NSA?

Are funds buying NSA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NSA

No. of Funds

NSA Alerts

Big jump in Earnings (Y/Y)

Unveiling National Storage Affiliates Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	13.34%	11,086,119	SC 13G/A
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G
Feb 08, 2024	howard kevin maxen	8.64%	7,779,428	SC 13G/A
Jan 30, 2024	state street corp	5.51%	4,577,007	SC 13G/A
Jan 24, 2024	blackrock inc.	10.9%	9,030,972	SC 13G/A
Feb 14, 2023	howard kevin maxen	7.97%	7,779,428	SC 13G/A
Feb 10, 2023	state street corp	5.11%	4,646,873	SC 13G/A
Feb 09, 2023	vanguard group inc	14.47%	13,150,077	SC 13G/A
Feb 01, 2023	blackrock inc.	9.2%	110,134,839	SC 13G/A
Jan 23, 2023	blackrock inc.	10.7%	9,715,309	SC 13G/A

Recent SEC filings of National Storage Affiliates Trust

View All Filings

Date Filed	Form Type	Document
May 06, 2024	8-K/A	Current Report
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 23, 2024	424B7	Prospectus Filed
Apr 23, 2024	8-K	Current Report
Apr 16, 2024	DEFA14A	DEFA14A
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 29, 2024	DEFA14A	DEFA14A
Mar 07, 2024	S-3ASR	S-3ASR

Peers (Alternatives to National Storage Affiliates Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.47	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

National Storage Affiliates Trust News

Latest updates

National Storage Affiliates Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.9%	196	215	219	216	208	209	207	199	187	174	151	138	123	114	109	104	104	101	101	95.00	91.00
Cost Of Revenue	-3.8%	55.00	57.00	59.00	57.00	56.00	53.00	55.00	53.00	49.00	45.00	39.00	37.00	35.00	31.00	32.00	30.00	31.00	-33.00	29.00	27.00	26.00
Costs and Expenses	-5.6%	121	128	134	131	128	127	136	126	122	111	92.00	85.00	79.00	72.00	72.00	70.00	71.00	67.00	69.00	64.00	62.00
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69.00	64.00	62.00
S&GA Expenses	-100.0%	-	15.00	15.00	14.00	15.00	15.00	15.00	15.00	14.00	14.00	13.00	12.00	11.00	11.00	11.00	10.00	11.00	12.00	11.00	11.00	10.00
EBITDA Margin	8.9%	0.80*	0.73*	0.66*	0.66*	0.66*	0.66*	0.66*	0.66*	0.66*	0.65*	0.64*	0.63*	-	-	-	-	-	-	-	-	-
Interest Expenses	-16.1%	38.00	45.00	43.00	40.00	38.00	35.00	29.00	24.00	23.00	20.00	18.00	17.00	17.00	16.00	15.00	16.00	16.00	-0.39	14.00	14.00	13.00
Income Taxes	170.0%	1.00	-1.26	1.00	1.00	1.00	1.00	2.00	1.00	1.00	0.00	0.00	1.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	-10.1%	96.00	107	44.00	46.00	42.00	51.00	42.00	49.00	46.00	43.00	41.00	36.00	28.00	25.00	22.00	18.00	16.00	19.00	17.00	18.00	13.00
EBT Margin	24.5%	0.35*	0.28*	0.22*	0.22*	0.22*	0.24*	0.24*	0.25*	0.26*	0.25*	0.25*	0.23*	-	-	-	-	-	-	-	-	-
Net Income	6.7%	59.00	55.00	29.00	45.00	40.00	10.00	22.00	48.00	45.00	19.00	30.00	36.00	28.00	10.00	13.00	18.00	16.00	19.00	-8.86	18.00	13.00
Net Income Margin	12.5%	0.22*	0.20*	0.15*	0.14*	0.15*	0.16*	0.17*	0.20*	0.20*	0.19*	0.20*	0.18*	-	-	-	-	-	-	-	-	-
Free Cashflow	0.0%	94.00	94.00	129	108	110	94.00	123	117	110	93.00	94.00	80.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-9.5%	5,367	5,932	6,165	6,161	6,185	6,070	6,064	5,759	5,621	5,563	4,521	3,891	3,652	3,514	3,281	3,285	3,279	3,084	3,111	3,062	2,896
Cash Equivalents	37.1%	89.00	65.00	59.00	44.00	44.00	35.00	37.00	36.00	29.00	28.00	74.00	26.00	23.00	22.00	21.00	23.00	23.00	24.00	50.00	20.00	19.00
Liabilities	-10.1%	3,420	3,806	4,008	3,777	3,780	3,681	3,627	3,258	3,111	3,080	2,284	2,204	2,070	2,083	1,921	1,916	1,898	1,632	1,654	1,563	1,493
Shareholder's Equity	36.9%	1,947	1,422	1,457	2,384	2,405	1,648	2,437	2,501	2,510	2,482	2,238	1,688	1,582	1,430	1,360	1,369	1,381	1,452	1,457	1,499	1,403
Retained Earnings	2.3%	-439	-449	-468	-445	-420	-396	-374	-343	-315	-291	-272	-263	-259	-251	-242	-228	-213	-197	-187	-156	-126
Additional Paid-In Capital	-10.7%	1,348	1,510	1,539	1,693	1,689	1,778	1,804	1,842	1,831	1,867	1,692	1,244	1,156	1,051	993	985	971	906	902	901	839
Shares Outstanding	-6.6%	77.00	82.00	83.00	89.00	88.00	90.00	91.00	91.00	91.00	81.00	86.00	77.00	-	-	-	-	-	-	-	-	-
Minority Interest	-4.8%	670	704	700	759	770	741	738	753	763	707	629	520	497	462	445	451	458	532	542	541	510
Float	-	-	-	-	3,100	-	-	-	4,600	-	-	-	3,900	-	-	-	2,000	-	-	-	1,700	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	0.0%	94.00	94.00	129	108	110	94.00	123	117	110	93.00	94.00	80.00	64.00	53.00	62.00	55.00	51.00	47.00	57.00	47.00	46.00
Share Based Compensation	12.4%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Cashflow From Investing	139.4%	567	237	-22.31	-17.45	-36.17	-11.15	-328	-161	-83.51	-1,012	-587	-248	-149	-241	-24.60	-32.79	-211	-28.66	-46.30	-174	-143
Cashflow From Financing	-117.1%	-660	-303	-93.76	-95.50	-63.94	-77.97	207	51.00	-25.28	874	541	172	86.00	189	-39.00	-21.99	159	-43.84	20.00	128	100
Dividend Payments	-100.0%	-	46.00	47.00	49.00	49.00	50.00	50.00	50.00	46.00	41.00	36.00	29.00	25.00	24.00	24.00	23.00	20.00	20.00	19.00	19.00	17.00
Buy Backs	642.9%	204	27.00	213	-	69.00	40.00	50.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

NSA Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE
Rental revenue	$ 180,382	$ 194,129
Total revenue	196,148	207,993
OPERATING EXPENSES
Property operating expenses	54,694	56,483
General and administrative expenses	15,674	14,821
Depreciation and amortization	47,331	55,458
Other	3,492	1,173
Total operating expenses	121,191	127,935
OTHER INCOME (EXPENSE)
Interest expense	(38,117)	(37,948)
Loss on early extinguishment of debt	0	(758)
Equity in (losses) earnings of unconsolidated real estate ventures	(1,630)	1,678
Acquisition costs	(507)	(844)
Non-operating income (expense)	98	(598)
Gain on sale of self storage properties	61,173	0
Other income (expense), net	21,017	(38,470)
Income before income taxes	95,974	41,588
Income tax expense	(886)	(1,196)
Net income	95,088	40,392
Net income attributable to noncontrolling interests	(36,061)	(11,433)
Net income attributable to National Storage Affiliates Trust	59,027	28,959
Distributions to preferred shareholders	(5,110)	(3,962)
Net income attributable to common shareholders	$ 53,917	$ 24,997
EARNINGS PER SHARE
Earnings per share - basic (in dollars per share)	$ 0.67	$ 0.28
Earnings per share - diluted (in dollars per share)	$ 0.65	$ 0.24
Weighted average shares outstanding - basic (in shares)	80,236	89,499
Weighted average shares outstanding - diluted (in shares)	138,148	148,622
Dividends declared per common share (in dollars per share)	$ 0.56	$ 0.55
Other property-related revenue
REVENUE
Revenue	$ 6,692	$ 6,807
Management fees and other revenue
REVENUE
Revenue	$ 9,074	$ 7,057

NSA Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate
Self storage properties	$ 5,797,653	$ 5,792,174
Less accumulated depreciation	(919,723)	(874,359)
Self storage properties, net	4,877,930	4,917,815
Cash and cash equivalents	64,233	64,980
Restricted cash	24,847	22,713
Debt issuance costs, net	7,731	8,442
Investment in unconsolidated real estate ventures	240,025	211,361
Other assets, net	130,015	134,002
Assets held for sale, net	0	550,199
Operating lease right-of-use assets	22,084	22,299
Total assets	5,366,865	5,931,811
Liabilities
Debt financing	3,285,547	3,658,205
Accounts payable and accrued liabilities	87,875	92,766
Interest rate swap liabilities	0	3,450
Operating lease liabilities	24,009	24,195
Deferred revenue	22,362	27,354
Total liabilities	3,419,793	3,805,970
Commitments and contingencies (Note 11)
Equity
Common shares of beneficial interest, par value $0.01 per share. 250,000,000 authorized, 76,873,100 and 82,285,995 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	769	823
Additional paid-in capital	1,347,512	1,509,563
Distributions in excess of earnings	(439,741)	(449,907)
Accumulated other comprehensive income	27,836	21,058
Total shareholders' equity	1,277,027	1,422,188
Noncontrolling interests	670,045	703,653
Total equity	1,947,072	2,125,841
Total liabilities and equity	5,366,865	5,931,811
Series A Preferred Shares
Equity
Series A and B Preferred shares of beneficial interest, shares authorized, issued and outstanding at liquidation preference	225,439	225,439
Series B Preferred Shares
Equity
Series A and B Preferred shares of beneficial interest, shares authorized, issued and outstanding at liquidation preference	$ 115,212	$ 115,212

About National Storage Affiliates Trust

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 June 30, 2023, the Company held ownership interests in and operated 1,117 self storage properties located in 42 states and Puerto Rico with approximately 72.8 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.

CEO	Mr. David G. Cramer
WEBSITE	nationalstorageaffiliates.com
INDUSTRY	REIT Mortgage
EMPLOYEES	1155

National Storage Affiliates Trust Frequently Asked Questions

What is the ticker symbol for National Storage Affiliates Trust? What does NSA stand for in stocks?

NSA is the stock ticker symbol of National Storage Affiliates Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Storage Affiliates Trust (NSA)?

As of Wed May 08 2024, market cap of National Storage Affiliates Trust is 2.71 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NSA stock?

You can check NSA's fair value in chart for subscribers.

What is the fair value of NSA stock?

You can check NSA's fair value in chart for subscribers. The fair value of National Storage Affiliates Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Storage Affiliates Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NSA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Storage Affiliates Trust a good stock to buy?

The fair value guage provides a quick view whether NSA is over valued or under valued. Whether National Storage Affiliates Trust is cheap or expensive depends on the assumptions which impact National Storage Affiliates Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NSA.

What is National Storage Affiliates Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, NSA's PE ratio (Price to Earnings) is 14.34 and Price to Sales (PS) ratio is 3.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NSA PE ratio will change depending on the future growth rate expectations of investors.