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

National Storage Affiliates Trust (NYSE:NSA) will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.62 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

National Storage Affiliates Trust Price Performance

Shares of NSA opened at $35.55 on Wednesday. The stock’s 50 day moving average is $36.97 and its two-hundred day moving average is $35.97. The firm has a market capitalization of $2.84 billion, a PE ratio of 23.70 and a beta of 0.85. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05. National Storage Affiliates Trust has a twelve month low of $27.86 and a twelve month high of $42.54.

National Storage Affiliates Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 6.30%. The ex-dividend date of this dividend was Thursday, March 14th. National Storage Affiliates Trust’s dividend payout ratio (DPR) is 149.33%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on National Storage Affiliates Trust in a research note on Tuesday, January 30th. They set a “sell” rating and a $33.00 price target on the stock. KeyCorp raised National Storage Affiliates Trust from a “sector weight” rating to an “overweight” rating and set a $45.00 price target on the stock in a research note on Friday, January 5th. Truist Financial boosted their price target on National Storage Affiliates Trust from $35.00 to $37.00 and gave the stock a “hold” rating in a research note on Thursday, December 28th. Finally, Barclays assumed coverage on National Storage Affiliates Trust in a research note on Wednesday, March 27th. They set an “equal weight” rating and a $39.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $36.60.

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 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.