CSIMarket
 
National Storage Affiliates Trust  (NSA)
Other Ticker:  
 
 
Price: $36.1900 $-0.52 -1.417%
Day's High: $36.8 Week Perf: -5.26 %
Day's Low: $ 35.87 30 Day Perf: 0.36 %
Volume (M): 1,519 52 Wk High: $ 43.28
Volume (M$): $ 54,958 52 Wk Avg: $35.76
Open: $36.38 52 Wk Low: $27.86



 Market Capitalization (Millions $) 3,366
 Shares Outstanding (Millions) 93
 Employees 750
 Revenues (TTM) (Millions $) 858
 Net Income (TTM) (Millions $) 237
 Cash Flow (TTM) (Millions $) 45
 Capital Exp. (TTM) (Millions $) 101

National Storage Affiliates Trust
National Storage Affiliates Trust (NSA) is a publicly-traded real estate investment trust (REIT) that specializes in owning, operating, and managing self-storage facilities across the United States. Established in 2013, the company has its headquarters in Denver, Colorado.

NSA operates in more than 40 states with over 200 locations and nearly 18 million rentable square feet. The company's portfolio contains various self-storage units, including those in urban and suburban areas, as well as non-traditional locations like military bases.

NSA primarily operates through its more than 30 regional operating partners (ROPs) who have decades of experience in their respective markets. These ROPs bring local market expertise that allows the company to provide tailored services to its customers in their respective locations. The company leverages its extensive network of ROPs to expand its market presence and achieve better economies of scale.

The company's enterprise strategy is anchored on acquiring existing self-storage facilities and designing new ones. NSA's acquisition strategy is disciplined and targets properties with exceptional market positions that offer attractive economics. The company also develops properties through its internal team, giving it more control over the quality and timing of the project.

As a REIT, NSA is required by law to pay at least 90% of its taxable income as dividends to shareholders, providing stable and consistent income to investors. The company's dividend yield currently stands at71%.

NSA's management team is headed by Arlen Nordhagen, a founder of the company, who has over 35 years of experience in the real estate industry. Under Nordhagen's leadership, NSA has established itself as a leading player in the self-storage industry.

In terms of financial performance, NSA has reported consistent growth in recent years with a compound annual growth rate (CAGR) of 23% in revenues and 29% in funds from operations (FFO) from 2015 to 2020. NSA's market capitalization stands at around $4.4 billion as of August 2021, and it is a constituent of the S&P MidCap 400 index.

In conclusion, National Storage Affiliates Trust has established itself as a leading player in the self-storage industry, with a focus on acquiring well-positioned properties, developing new ones, and providing tailored services to its customers. The company's expertise and extensive network of regional operating partners help it to achieve better economies of scale and expand its market presence. With consistent financial performance and a strong management team, NSA continues to be an attractive investment option for those seeking stable and consistent income from a REIT.


   Company Address: 8400 East Prentice Avenue, 9th Floor Greenwood Village 80111 CO
   Company Phone Number: 630-2600   Stock Exchange / Ticker: NYSE NSA
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



National Storage Affiliates Trust

National Storage Affiliates Trust Sees Soft Top-line Growth in Q4 20232.

The National Storage Affiliates Trust (NSA) recently reported its financial results for the fourth quarter of 2023, showing a mixed bag of results. While revenue saw a modest increase of 3.205% to $215.41 million compared to the previous year, earnings per share (EPS) took a hit, declining by -18.38% to $0.25 per share.
Despite the decline in EPS, net profits for NSA saw a significant increase of 114.49% to $108.056 million in the October to December 31, 2023 period compared to the same period the previous year. This indicates that while the company may be facing challenges in terms of profitability on a per share basis, overall net profits are still on the rise.

National Storage Affiliates Trust

National Storage Affiliates Trust (NSA) Boasts Strong Market Performance with Impressive 5.984% Rise in Q3 2023 Revenue

National Storage Affiliates Trust (NSA) has been experiencing a strong market performance recently, with its shares recording a solid gain of 7.98% over the past 7 days and an impressive 37.91% increase over the past 12 months. Additionally, NSA shares are currently trading 10.2% above its 52-week low, indicating positive investor sentiment.
One of the key factors contributing to this positive performance is the company's revenue growth. During the July to September 30, 2023 interval, NSA's revenue increased by 5.984% to $219.15 million compared to $206.77 million in the prior year reporting season. This growth outpaced the average revenue advance of 4.76% reported by its Real Estate Investment Trusts sector contemporaries during the same period. Furthermore, NSA's revenue also increased by 1.687% from $215.51 million in the prior period.

National Storage Affiliates Trust

National Storage Affiliates Trust Surpasses Industry Peers with Remarkable 16.67% Double-Digit EPS Surge in Q2 2023

As an avid follower of the financial markets and an investor myself, I have been closely monitoring the latest financial results of National Storage Affiliates Trust. The real estate investment trust (REIT) company has been making significant strides in its industry, evident from its recent financial performance.
In the most recent fiscal period, National Storage Affiliates Trust reported an impressive revenue increase of 8.357%, with total revenue reaching $215.51 million. This growth is even more noteworthy when compared to the overall REIT industry, which reported a 5.24% top-line improvement during the same period. This indicates that National Storage Affiliates Trust is outperforming its peers, solidifying its position as a key player in the market.

National Storage Affiliates Trust

Income per Share Unaltered at the company in financial period ending March 31 2023

National Storage Affiliates Trust Announces Financial Results for Q1 2023
Denver, Colorado: National Storage Affiliates Trust (NSA) has released its financial results for the first quarter of 2023. Despite a challenging economic environment, the company delivered a solid performance, with revenues increasing by 11.117% compared to the prior year, reaching $207.99 million from $187.18 million in the same period of 2022.
The company's income per share remained unchanged at $0.24 per share compared to the comparable period of the previous year. However, the income faded by -21.98% from $0.31 per share from the preceding financial reporting period. NSA's bottom-line of $40.392 million in the financial period ending March 31, 2023, fell by -9.81% from $44.786 million in the corresponding period a year before.






 

National Storage Affiliates Trust's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
National Storage Affiliates Trust does not provide revenue guidance.

Earnings Outlook
National Storage Affiliates Trust does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com