[Form 4] National Storage Affiliates Trust Insider Trading Activity
This article details an insider trading activity for National Storage Affiliates Trust (NSA) involving Chief Legal Officer Tiffany S. Kenyon. She converted 6,476 LTIP Units into an equal number of Class A OP Units, a transaction classified as an internal equity award change rather than an open-market trade. Post-conversion, Kenyon beneficially owns 91,700 Class A OP Units and 51,024 unvested LTIP Units.
NSA (NYSE: NSA) vice chair converts LTIP Units into Class A OP Units
Arlen Dale Nordhagen, Vice Chairperson of National Storage Affiliates Trust (NYSE: NSA), converted 919 LTIP Units into an equal number of Class A OP Units. This was a non-cash transaction under the company's long-term incentive plan, not an open-market trade. Following the conversion, Nordhagen's beneficial ownership now totals 2,561,438 Class A OP Units, and he holds 28,424 unvested LTIP Units.
NSA: Fairly Valued Merger Outlook Will Balance Integration Risks And Opportunities
The fair value estimate for National Storage Affiliates Trust (NSA) has increased by 6.15% to $40.97, aligning with recent analyst price target increases. This update reflects revised assumptions regarding margins, discount rates, and expected P/E ratios. Despite a recent acquisition announcement by Public Storage, analysts maintain neutral ratings, indicating ongoing concerns about integration risks and execution, even as the broader self-storage sector fundamentals improve.
National Storage Affiliates (NYSE: NSA) director gets share award, converts LTIP units
National Storage Affiliates Trust director Chad LeRoy Meisinger, through the Meisinger Family Trust, received 4,703 restricted common shares and converted 10,272 LTIP Units into 10,272 Class A OP Units. These transactions increase his indirect holdings to 118,858 common shares and 56,880 Class A OP Units. The restricted shares, granted under the 2024 Equity Incentive Plan, are set to vest by May 15, 2027, the next annual shareholder meeting, or a potential merger effective time.
Equity grant and LTIP conversion for National Storage (NYSE: NSA) director
National Storage Affiliates Trust director Steven G. Osgood received 5,232 restricted common shares at $42.53 each under the 2024 Equity Incentive Plan. Additionally, 11,451 LTIP Units held by a trust were converted into an equal number of Class A OP Units. Following these transactions, the trust holds 142,487 Class A OP Units and 5,232 common shares.
Director at National Storage Affiliates Trust (NYSE: NSA) receives share award and unit conversion
National Storage Affiliates Trust director Paul William Hylbert Jr received 5,056 restricted common shares valued at $42.53 per share and converted 11,103 LTIP Units into an equal number of Class A OP Units. The restricted shares are part of the company's 2024 Equity Incentive Plan and are set to vest on the earliest of three specified dates. Following these transactions, his direct beneficial ownership includes 21,406 common shares and 61,753 Class A OP Units.
Is National Storage Affiliates (NSA) Fairly Priced After Its Strong Year To Date Rally?
National Storage Affiliates Trust (NYSE:NSA) has seen a significant rally year-to-date, prompting a valuation analysis. A Discounted Cash Flow (DCF) model suggests the stock is fairly valued at around $41.34 per share compared to its current price of $41.02, indicating a small gap. However, its Price/Earnings (P/E) ratio of 54.58x is well above the industry average and Simply Wall St's proprietary Fair Ratio of 36.86x, suggesting it may be overvalued by this metric.
NSA Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides a financial overview of National Storage Affiliates Trust (NSA), detailing its revenue breakdown, profitability margins, and a comparison with competitors. NSA exhibits a gross margin of 45.20%, an operating margin of 35.84%, and a net margin of 10.36%, with a Return on Equity of 5.52%. When benchmarked against competitors like LXP and AKR, NSA's gross margin is positioned between the two, indicating its relative efficiency within the sector.
Is National Storage Affiliates (NSA) Fairly Priced After Its Strong Year To Date Rally?
National Storage Affiliates (NSA) has seen significant rallies this year, with its stock up 47.1% year-to-date. A Discounted Cash Flow (DCF) analysis suggests the stock is fairly valued at around $41.34 per share, very close to its current price of $41.02. However, its P/E ratio of 54.58x is significantly above the Specialized REITs industry average, indicating it might be overvalued based on earnings multiples.
National Storage Affiliates Trust (NSA) Announces Quarterly Dividend Payments
National Storage Affiliates Trust (NSA) announced a quarterly cash dividend of $0.375 per share for its preferred stock, maintaining a stable dividend policy with payment scheduled for June 30, 2026. The stock is considered approximately 0.2% undervalued by GuruFocus, with a GF Score™ of 84/100, though its P/E ratio is higher than its historical median. NSA, a REIT specializing in self-storage facilities, shows strong profitability but has a low financial strength rating.
National Storage Affiliates Trust Announces Quarterly Dividends
National Storage Affiliates Trust (NSA) announced its Board of Trustees declared regular cash dividends for the second quarter of 2026. This includes a dividend of $0.57 per common share, representing an annualized rate of $2.28, and $0.375 per share for both Series A and Series B Cumulative Redeemable Preferred Shares. These dividends are payable on June 30, 2026, to shareholders of record on June 15, 2026.
National Storage Affiliates Sells Trio of DFW Facilities
National Storage Affiliates has sold a portfolio of three self-storage facilities totaling 80,216 rentable square feet in Arlington, Texas, to BreakChain Capital Investments. JLL Capital Markets orchestrated the deal for the seller. The properties, previously owned by National Storage Affiliates, are strategically located near Interstates 20 and 30, close to both Fort Worth and Dallas.
Versor Investments LP Buys 30,957 Shares of National Storage Affiliates Trust $NSA
Versor Investments LP significantly increased its stake in National Storage Affiliates Trust (NYSE:NSA) by 165.5% in the fourth quarter, acquiring 30,957 additional shares. The investment firm now holds a total of 49,657 shares valued at approximately $1.4 million. This move is part of a broader trend of institutional investment, with various firms increasing their holdings, leading to 99.97% institutional ownership of NSA's stock.
Does NSA’s EPS Beat And Prudential Stake Increase Change The Bull Case For National Storage Affiliates Trust (NSA)?
National Storage Affiliates Trust (NSA) recently reported Q1 2026 results with increased net income and diluted EPS despite slightly lower revenue. The article highlights Prudential Financial's increased stake, underscoring institutional interest, and details NSA's pending US$5.6 billion acquisition by Public Storage as the primary near-term catalyst. While earnings are up, the investment narrative remains focused on the acquisition and potential operating pressures.
Why One Fund’s $10 Million National Storage Exit May Be More About the Public Storage Deal Than Storage Demand
Waterfall Asset Management sold its entire stake in National Storage Affiliates Trust (NSA) for an estimated $10.06 million, a move driven more by NSA’s impending acquisition by Public Storage than by concerns about the self-storage market. Despite resilient first-quarter earnings for NSA, institutional investors might be reallocating capital due to limited near-term upside from the acquisition. The Motley Fool Stock Advisor recommends 10 other stocks over NSA for potential monster returns.
National Storage Affiliates Trust $NSA Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in National Storage Affiliates Trust ($NSA) by 0.4% in the fourth quarter, yet still holds a significant 12.45% of the company's shares. Despite beating revenue expectations, NSA reported mixed quarterly results with earnings per share missing estimates. The company's stock is trading near its 52-week high, and it recently paid a quarterly dividend of $0.57 per share.
A Look At National Storage Affiliates (NSA) Valuation After Recent Share Price Momentum
National Storage Affiliates (NSA) has seen positive share price momentum recently, with a year-to-date return of over 55%. Despite this, Simply Wall St's analysis suggests the stock is currently overvalued by 12.3%, trading at $43.33 against a fair value of $38.59. The company's future earnings growth is expected to be supported by the internalization and rebranding of PRO properties and technological investments, although higher operating costs could pose risks to current valuation assumptions.
Prudential Financial (NYSE: NSA) reports 1.39M NSA shares (1.8%)
Prudential Financial, Inc. has filed an amended Schedule 13G/A, reporting beneficial ownership of 1,389,580 shares (1.8%) of National Storage Affiliates Trust (NSA). This filing indicates Prudential as a parent holding company, with its subsidiaries, including Jennison Associates LLC, holding these shares. The company has shared voting and dispositive power over these holdings, and the filing was signed on May 8, 2026.
National Storage Affiliates Trust Announces Date of its First Quarter 2026 Earnings Release
National Storage Affiliates Trust (NSA) has announced the date for its First Quarter 2026 earnings release. This announcement was delivered via Quantisnow, a real-time market data and news platform for retail investors. The article also provides recent analyst ratings and related SEC filings for NSA.
National Storage Affiliates Trust (NSA) Q1 FFO Stability Tests Bullish Efficiency Narrative
National Storage Affiliates Trust (NSA) reported Q1 2026 revenue of US$185.4 million and EPS of US$0.16, with trailing twelve-month FFO at US$295.0 million. While net profit margins improved to 7.8%, analysts expect modest revenue growth of 3.0% and margin expansion. The stock trades at a P/E of 57.6x, significantly above peers, and faces scrutiny over valuation and interest coverage, despite a high dividend yield.
Truist Financial Maintains National Storage Affiliates Trust(NSA.US) With Hold Rating
This article reports that Truist Financial has reiterated its "Hold" rating for National Storage Affiliates Trust (NSA.US). No additional details are provided regarding the rationale behind this rating or specific financial data.
National Storage Affiliates Trust Announces Date of its First Quarter 2026 Earnings Release
National Storage Affiliates Trust (NSA) announced it will release its financial results for the first quarter of 2026 after market close on Tuesday, May 5, 2026. The company will not host a conference call, but supplemental materials will be available on its investor relations website. As of December 31, 2025, NSA held ownership in 1,063 self-storage properties across 37 states and Puerto Rico, making it one of the largest self-storage operators in the U.S.
Shareholder Alert: The Ademi Firm investigates whether National Storage Affiliates Trust is obtaining a Fair Price for its Public Shareholders
Ademi LLP is investigating National Storage Affiliates (NYSE: NSA) for potential breaches of fiduciary duty related to its transaction with Public Storage. The investigation focuses on whether NSA shareholders are receiving a fair price of $41.68 per share and if the board fulfilled its duties, particularly concerning potential limitations on competing bids and benefits for insiders.
Land & Buildings Loads Up National Affiliates Storage Trust With 1.3 Million Shares
Land & Buildings Investment Management, LLC has acquired 1,314,463 shares of National Storage Affiliates Trust (NYSE:NSA), a new position representing 6.16% of its 13F reportable assets under management. The transaction, valued at approximately $37.08 million, positions National Storage Affiliates Trust as the fund's sixth-largest holding. The investment suggests a bullish outlook on the self-storage REIT, which currently offers a 6.69% dividend yield and trades at a significant discount from its five-year high.
National Storage Affiliates Trust $NSA Shares Bought by Ontario Teachers Pension Plan Board
The Ontario Teachers Pension Plan Board increased its stake in National Storage Affiliates Trust (NYSE:NSA) by 35.5% in Q3, now holding 200,695 shares valued at $6.07 million. The company recently announced a quarterly dividend of $0.57 per share, yielding 6.6%, though its payout ratio of 373.77% raises sustainability concerns. NSA currently has a "Reduce" consensus rating from analysts with an average target price of $32.30.
National Storage Affiliates Trust (NSA) Expected to Announce Quarterly Earnings on Wednesday
National Storage Affiliates Trust (NSA) is scheduled to announce its Q4 2025 earnings after the market closes on Wednesday, February 25th. Analysts anticipate the company will report earnings of $0.55 per share and revenue of $187.2410 million. The report also details NSA's stock performance, recent dividend declaration, new analyst price targets, and institutional investor activity.
Heartland Advisors Inc. Buys 207,300 Shares of National Storage Affiliates Trust $NSA
Heartland Advisors Inc. has significantly increased its stake in National Storage Affiliates Trust (NSA) by 47.2% in the third quarter, adding 207,300 shares to own a total of 646,200 shares valued at approximately $19.53 million. Despite this increased institutional interest, analyst sentiment for NSA remains cautious, with a consensus "Reduce" rating and an average price target of $32.30. The company also declared a quarterly dividend of $0.57 per share, representing an annualized yield of 6.8%, but its high payout ratio of 373.77% raises concerns about its sustainability.
TimesSquare Capital Management LLC Sells 46,961 Shares of National Storage Affiliates Trust $NSA
TimesSquare Capital Management LLC reduced its stake in National Storage Affiliates Trust (NYSE:NSA) by 6.2% in the third quarter, selling 46,961 shares and holding a total of 713,952 shares worth $21.58 million. Despite this, National Storage Affiliates Trust declared a quarterly dividend of $0.57 per share, yielding 6.8%. Analysts maintain a cautious outlook with a consensus "Reduce" rating and a target price of $32.30.
Is National Storage Affiliates Trust (NSA) Pricing Look Attractive After Recent Share Price Moves
This article analyzes the valuation of National Storage Affiliates Trust (NSA) based on its recent share price performance. Using a Discounted Cash Flow (DCF) model, the stock appears to be undervalued by approximately 16.9%, with an intrinsic value of $40.26 per share compared to its current price of US$33.47. However, its Price/Earnings (P/E) ratio of 54.65x is significantly higher than the industry average, suggesting it might be overvalued by this metric.
Is National Storage Affiliates Trust (NSA) Pricing Look Attractive After Recent Share Price Moves
This article analyzes National Storage Affiliates Trust (NSA) stock valuation. A Discounted Cash Flow (DCF) analysis suggests NSA is undervalued by 16.9% at $40.26 per share, while a Price-to-Earnings (P/E) ratio analysis indicates it is overvalued compared to its industry and a calculated Fair Ratio. The article concludes by introducing "Narratives" as a way for investors to create personalized future revenue, earnings, and margin forecasts to determine fair value.
Behavioral Patterns of NSA and Institutional Flows
This article analyzes National Storage Affiliates Trust (NYSE: NSA) using AI models to determine institutional flows and behavioral patterns. It details near-term sentiment, broader alignment, and potential downside risk, offering specific position trading, momentum breakout, and risk hedging strategies with entry and exit points. The analysis also provides multi-timeframe signal strengths, support, and resistance levels for NSA.
National Storage Affiliates Trust Announces Quarterly Dividends
National Storage Affiliates Trust (NSA) has announced its quarterly cash dividends for the first quarter of 2026. This includes a dividend of $0.57 per common share and $0.375 per share for both its Series A and Series B Cumulative Redeemable Preferred Shares. The company also stated that its management plans to participate in Citi’s 2026 Global Property CEO Conference in March 2026.
National Storage Affiliates Trust Keeps Quarterly Dividend at $0.57 per Share, Payable March 31 to Holders of Record March 13
National Storage Affiliates Trust has declared a quarterly dividend of $0.57 per share. This dividend will be payable on March 31 to shareholders who are on record as of March 13. The announcement was made on February 12, 2026.
National Storage Affiliates Trust Announces Quarterly Dividends
National Storage Affiliates Trust (NSA) has declared regular cash dividends for the first quarter of 2026. This includes a common share dividend of $0.57, and dividends of $0.375 per share for both its 6.000% Series A and Series B Cumulative Redeemable Preferred Shares. The company also announced its participation in Citi’s 2026 Global Property CEO Conference in March 2026.
National Storage Affiliates Trust (NYSE:NSA) Given Average Rating of "Reduce" by Analysts
National Storage Affiliates Trust (NYSE:NSA) has received a consensus "Reduce" rating from analysts, with 3 sell ratings and 10 hold ratings, and an average one-year target price of $32.30. The REIT's dividend yield is 6.9%, but its payout ratio is high at 373.77%, and it carries significant debt. Institutional investors own nearly all shares, and the stock is trading near $32.87.
A Look At National Storage Affiliates Trust (NSA) Valuation After Recent Share Price Momentum
National Storage Affiliates Trust (NSA) has experienced recent momentum, with a 9.3% one-month return and an 8.7% one-year return. Despite trading near analyst targets and showing a 20% intrinsic discount estimate, its P/E ratio of 52.5x is significantly higher than its industry average and fair ratio, raising questions about its valuation. The company is currently estimated to be 3% undervalued with a narrative fair value of US$33.17, although competitive pressures and expense growth are noted as potential concerns.
A Look At National Storage Affiliates Trust (NSA) Valuation After Recent Share Price Momentum
National Storage Affiliates Trust (NSA) has shown recent momentum with a 9.3% one-month return, trading at US$32.16. While analysts estimate a fair value of US$33.17, indicating it's slightly undervalued, its high P/E ratio of 52.5x compared to the industry average suggests a premium that could reduce the margin for error. The article encourages investors to conduct further research into the company's risks, rewards, and long-term prospects.
National Storage Affiliates Trust (NSA): A Bull Case Theory
This article summarizes a bullish investment thesis for National Storage Affiliates Trust (NSA), highlighting its current undervalued state and potential for recovery. The company operates in the self-storage sector, which is expected to benefit from favorable supply-demand dynamics as housing turnover recovers and new supply decreases. Despite recent underperformance, NSA shows early signs of recovery, offering a significant upside potential and an attractive dividend yield.
Investors Await National Storage Affiliates’ Fourth Quarter Results
National Storage Affiliates is set to release its fourth-quarter 2025 financial results on February 26, 2026. Investors will be scrutinizing the report for year-end profitability and insights into the operational progress of its strategic expansion, particularly a new $350 million joint venture aimed at value-add projects in high-growth markets. The broader self-storage sector's resilience and the company's occupancy rates will also be key areas of focus.
Investors Await National Storage Affiliates’ Fourth Quarter Results
National Storage Affiliates (REIT) is set to release its Q4 2025 financial results on February 26, 2026, with investors focusing on the operational implementation of its expansion strategy and year-end profitability. A key development is a joint venture with Investment Real Estate Management (IRE) for $350 million, targeting value-add projects, with National Storage Affiliates committing up to $105 million for a 10% annual return. The report will also shed light on how the company is navigating macroeconomic conditions and housing market trends affecting the self-storage sector.
AlphaQuest LLC Lowers Stock Holdings in National Storage Affiliates Trust $NSA
AlphaQuest LLC significantly reduced its stake in National Storage Affiliates Trust (NYSE:NSA) by 39.4% in Q3, selling over 33,000 shares. Despite the sell-off, institutional investors still own a substantial 99.97% of the company. Analysts have a "Reduce" consensus rating on NSA with a target price of $32.50, and while the stock offers a high dividend yield, its payout ratio raises concerns about sustainability.
Mitsubishi UFJ Trust & Banking Corp Boosts Holdings in National Storage Affiliates Trust $NSA
Mitsubishi UFJ Trust & Banking Corp significantly increased its stake in National Storage Affiliates Trust (NYSE:NSA) by 258%, acquiring an additional 85,382 shares. The company now holds 118,476 shares valued at approximately $3.58 million, contributing to the nearly 100% institutional ownership. Despite strong institutional interest, analysts maintain a "Reduce" rating with a consensus price target of $32.50, citing high leverage and a 7.2% dividend yield, which raises questions about sustainability.
National Storage Affiliates Trust stock rating upgraded by Wolfe Research
Wolfe Research has upgraded National Storage Affiliates Trust (NYSE:NSA) from Underperform to Peerperform, citing signs that the company's earnings are stabilizing after a period of decline. Despite a high P/E ratio, the stock may be undervalued according to InvestingPro data, and it boasts an 11-year dividend growth streak with a 6.98% yield. This upgrade follows a mixed third-quarter 2025 earnings report and a similar upgrade from Morgan Stanley, indicating a more positive analyst outlook for the self-storage REIT.
Y Intercept Hong Kong Ltd Trims Position in National Storage Affiliates Trust $NSA
Y Intercept Hong Kong Ltd significantly reduced its stake in National Storage Affiliates Trust (NYSE:NSA) by 50.5% in the third quarter of 2025, selling 69,784 shares and retaining 68,353 shares valued at approximately $2.07 million. Despite this trimming, institutional ownership remains high at 99.97%, with other major firms like Balyasny, Long Pond, and Prudential increasing their positions. Analysts, however, maintain a cautious "Reduce" rating with an average $32.50 price target, noting concerns about the company's high payout ratio (373.8%) and elevated debt-to-equity ratio (2.74), even as the stock offers a 7.2% yield.
Strs Ohio Purchases 60,400 Shares of National Storage Affiliates Trust $NSA
Strs Ohio significantly increased its stake in National Storage Affiliates Trust (NYSE:NSA) by 3,588.8%, purchasing 60,400 shares and now owning 62,083 shares valued at $1.876 million. Despite a 7.1% dividend yield, the company faces potential dividend risk due to an unsustainably high payout ratio of 373.77%. Analyst sentiment for NSA is mixed to weak, with a consensus "Reduce" rating and an average price target of $32.50.
Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in National Storage Affiliates Trust $NSA
Universal Beteiligungs und Servicegesellschaft mbH has increased its stake in National Storage Affiliates Trust (NSA) by 20.4%, bringing its total holding to 203,794 shares valued at $6.159 million. This adjustment raises the company's stake to 0.27%, contributing to institutional investors' nearly 100% ownership of NSA. Despite beating earnings estimates with $0.57 EPS and $188.7 million in revenue, NSA faces potential sustainability concerns due to a 7.2% dividend yield and a consensus "Reduce" rating from analysts.
National Storage Affiliates Trust stock rating upgraded by Wolfe Research
Wolfe Research has upgraded National Storage Affiliates Trust (NSA) stock from Underperform to Peerperform, citing signs of stabilizing earnings after a period of decline. Despite recent earnings shortfalls, the REIT has a notable 11-year dividend growth streak and a 6.98% dividend yield. Morgan Stanley also upgraded NSA, indicating a more favorable analyst outlook for the company.
Do Strong Q3 Results And New Preferred Equity Program Change The Bull Case For National Storage Affiliates Trust (NSA)?
National Storage Affiliates Trust (NSA) reported strong Q3 2025 results, with improved same-store revenue growth and core FFO per share exceeding expectations. The company also introduced a new preferred equity investment program to fund self-storage deals and strengthen partnerships. These developments, along with positive sector outlook, aim to reinforce NSA's investment narrative of modest growth, high dividends, and manageable balance sheet, despite mixed analyst sentiment and a premium valuation.
NSA Stock: Wolfe Research Upgrades Rating to Peer Perform | NSA
Wolfe Research has upgraded National Storage (NSA) stock rating from "Underperform" to "Peer Perform." This change reflects a more neutral outlook on the company's future market performance, following mixed sentiments from other analysts. National Storage Affiliates Trust (NSA) owns, operates, and acquires self-storage properties across the U.S.
National Storage Affiliates Trust stock rating upgraded by Wolfe Research
Wolfe Research has upgraded National Storage Affiliates Trust (NYSE:NSA) from Underperform to Peerperform, noting signs of earnings stabilization after a period of decline. Despite recent challenges, the REIT boasts an 11-year dividend growth streak and a significant dividend yield. The upgrade, coupled with a recent price target increase from Morgan Stanley, suggests a more favorable outlook for the self-storage company.
