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

National Storage Affiliates Trust (NYSE:NSA) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.62 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

National Storage Affiliates Trust Price Performance

Shares of NSA stock opened at $34.92 on Monday. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $2.79 billion, a P/E ratio of 23.28 and a beta of 0.85. The company’s 50-day simple moving average is $36.90 and its two-hundred day simple moving average is $36.05. National Storage Affiliates Trust has a one year low of $27.86 and a one year high of $42.54.

National Storage Affiliates Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.56 dividend. The ex-dividend date was Thursday, March 14th. This represents a $2.24 dividend on an annualized basis and a yield of 6.41%. National Storage Affiliates Trust’s dividend payout ratio is currently 149.33%.

Wall Street Analysts Forecast Growth

NSA has been the topic of a number of research analyst reports. Barclays initiated coverage on shares of National Storage Affiliates Trust in a research note on Wednesday, March 27th. They issued an “equal weight” rating and a $39.00 target price on the stock. KeyCorp raised shares of National Storage Affiliates Trust from a “sector weight” rating to an “overweight” rating and set a $45.00 price target for the company in a research report on Friday, January 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of National Storage Affiliates Trust in a research report on Tuesday, January 30th. They issued a “sell” rating and a $33.00 price target for the company. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $36.60.

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.