National Storage Affiliates Trust (NYSE:NSA) Raised to Hold at Evercore

National Storage Affiliates Trust (NYSE:NSA) was upgraded by investment analysts at Evercore from a “strong sell” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

NSA has been the subject of a number of other research reports. Wall Street Zen downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Zacks Research upgraded National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. National Bank Financial set a $32.00 target price on National Storage Affiliates Trust in a research note on Friday, December 5th. Barclays lifted their target price on National Storage Affiliates Trust from $33.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Finally, Wolfe Research raised National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a research note on Monday, January 26th. Twelve analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $33.60.

National Storage Affiliates Trust Price Performance

NYSE:NSA opened at $38.64 on Tuesday. National Storage Affiliates Trust has a 12 month low of $27.43 and a 12 month high of $41.37. The stock has a 50 day moving average of $33.52 and a two-hundred day moving average of $31.24. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 2.86. The firm has a market cap of $2.98 billion, a P/E ratio of 55.99 and a beta of 1.17.

National Storage Affiliates Trust (NYSE:NSA) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The business had revenue of $187.03 million during the quarter, compared to analyst estimates of $187.24 million. During the same quarter in the prior year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. On average, analysts expect that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National Storage Affiliates Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. acquired a new position in shares of National Storage Affiliates Trust during the first quarter worth $32,000. Farther Finance Advisors LLC raised its stake in National Storage Affiliates Trust by 339.6% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 635 shares in the last quarter. UMB Bank n.a. lifted its holdings in National Storage Affiliates Trust by 650.0% during the 4th quarter. UMB Bank n.a. now owns 1,125 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 975 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of National Storage Affiliates Trust by 207.3% during the 1st quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 821 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of National Storage Affiliates Trust during the 3rd quarter worth about $41,000. 99.97% of the stock is owned by institutional investors and hedge funds.

Key National Storage Affiliates Trust News

Here are the key news stories impacting National Storage Affiliates Trust this week:

• Positive Sentiment: Acquisition announced — Public Storage agreed to acquire National Storage Affiliates, creating the largest public self‑storage operator; the deal is the main catalyst that pushed NSA shares higher earlier as investors price in a takeover premium. America’s biggest public storage company is about to get even bigger
• Positive Sentiment: Analyst upgrades — Evercore upgraded NSA from “strong sell” to “hold,” and BNP Paribas Exane also raised its rating; those upgrades helped drive momentum and a 52‑week high ahead of today’s pullback. Evercore ISI Group upgrades National Storage Affiliates Trust (NSA)
• Neutral Sentiment: Media coverage — Multiple outlets are highlighting sector consolidation and the strategic rationale for the PSA–NSA deal; useful context for investors but not new financial detail. Public Storage buying National Storage
• Negative Sentiment: Shareholder investigations — Law firms (Kahn Swick & Foti and Monteverde & Associates / M&A Class Action Firm) announced probes into the adequacy of the proposed sale price and process, signaling potential litigation or pushback that could delay or alter the transaction. National Storage Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of National Storage Affiliates Trust – NSA
• Negative Sentiment: Potential deal risk — The emergence of multiple investigations raises execution risk (litigation, delays, renegotiation), which likely explains today’s downward pressure despite the takeover news. SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of National Storage Affiliates Trust

About National Storage Affiliates Trust

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.