National Storage Affiliates Trust (NYSE:NSA) Rating Lowered to “Sell” at Wall Street Zen

National Storage Affiliates Trust (NYSE:NSA) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other equities analysts have also commented on NSA. Mizuho lifted their price target on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Wells Fargo & Company cut their target price on National Storage Affiliates Trust from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday, February 5th. Zacks Research raised National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. National Bank Financial set a $32.00 price objective on National Storage Affiliates Trust in a research note on Friday, December 5th. Finally, Wolfe Research upgraded National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a report on Monday, January 26th. Ten analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, National Storage Affiliates Trust presently has a consensus rating of “Reduce” and an average price target of $32.30.

National Storage Affiliates Trust Trading Up 1.7%

NYSE NSA opened at $35.05 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.74. National Storage Affiliates Trust has a twelve month low of $27.43 and a twelve month high of $40.62. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 50.80 and a beta of 1.19. The business’s fifty day moving average is $31.82 and its 200 day moving average is $30.92.

National Storage Affiliates Trust (NYSE:NSA) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. National Storage Affiliates Trust had a return on equity of 5.69% and a net margin of 9.80%.The firm had revenue of $187.03 million during the quarter, compared to the consensus estimate of $187.24 million. During the same period last year, the company earned $0.60 earnings per share. The business’s quarterly revenue was down 1.6% on a year-over-year basis. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. As a group, sell-side analysts expect that National Storage Affiliates Trust will post 2.4 EPS for the current fiscal year.

Hedge Funds Weigh In On National Storage Affiliates Trust

Large investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of National Storage Affiliates Trust by 258.0% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 118,476 shares of the real estate investment trust’s stock valued at $3,580,000 after buying an additional 85,382 shares in the last quarter. Capital Fund Management S.A. purchased a new stake in shares of National Storage Affiliates Trust during the second quarter worth $1,167,000. Norges Bank bought a new position in shares of National Storage Affiliates Trust in the second quarter worth $21,991,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of National Storage Affiliates Trust by 35.6% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 122,774 shares of the real estate investment trust’s stock worth $3,710,000 after acquiring an additional 32,252 shares during the period. Finally, Strs Ohio grew its position in shares of National Storage Affiliates Trust by 3,588.8% in the third quarter. Strs Ohio now owns 62,083 shares of the real estate investment trust’s stock valued at $1,876,000 after purchasing an additional 60,400 shares in the last quarter. Institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.