Press coverage about National Storage Affiliates Trust (NYSE:NSA) has trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. National Storage Affiliates Trust earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.5083395012305 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
NSA has been the topic of several recent research reports. B. Riley set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a report on Tuesday, January 2nd. Wells Fargo raised National Storage Affiliates Trust from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research report on Tuesday, December 19th. Citigroup initiated coverage on National Storage Affiliates Trust in a research report on Tuesday, February 13th. They set a “neutral” rating and a $24.00 target price for the company. Zacks Investment Research raised National Storage Affiliates Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Finally, Jefferies Group set a $30.00 target price on National Storage Affiliates Trust and gave the stock a “buy” rating in a research report on Monday, March 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. National Storage Affiliates Trust currently has a consensus rating of “Hold” and a consensus price target of $26.25.
Shares of NSA stock traded down $0.16 during mid-day trading on Friday, hitting $25.10. The company’s stock had a trading volume of 384,370 shares, compared to its average volume of 359,278. National Storage Affiliates Trust has a 52 week low of $21.17 and a 52 week high of $28.55. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.87. The firm has a market cap of $1,263.28, a PE ratio of 20.24, a price-to-earnings-growth ratio of 2.31 and a beta of 0.59.
National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings data on Monday, February 26th. The real estate investment trust reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.39). National Storage Affiliates Trust had a return on equity of 0.30% and a net margin of 1.10%. The business had revenue of $73.37 million during the quarter, compared to the consensus estimate of $71.04 million. analysts forecast that National Storage Affiliates Trust will post 1.36 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 15th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend was Wednesday, March 14th. National Storage Affiliates Trust’s payout ratio is 90.32%.
In related news, Director Mourick Mark Van sold 13,667 shares of the business’s stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $25.64, for a total value of $350,421.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 13.70% of the company’s stock.
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National Storage Affiliates Trust Company Profile
National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership interests in and operates 533 self storage properties located in 29 states with approximately 33 million rentable square feet.
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