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Real Estate - REIT - Industrial - NYSE - US
$ 43.13
1.89 %
$ 5.88 B
Market Cap
24.79
P/E
1. INTRINSIC VALUE

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. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.[ Read More ]

The intrinsic value of one NSA stock under the base case scenario is HIDDEN Compared to the current market price of 43.1 USD, National Storage Affiliates Trust is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NSA

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FINANCIALS
858 M REVENUE
7.05%
576 M OPERATING INCOME
94.27%
237 M NET INCOME
28.96%
442 M OPERATING CASH FLOW
-0.51%
161 M INVESTING CASH FLOW
127.58%
-557 M FINANCING CASH FLOW
-360.31%
194 M REVENUE
1.67%
0 OPERATING INCOME
0.00%
45 M NET INCOME
163.91%
106 M OPERATING CASH FLOW
27.03%
-73.7 M INVESTING CASH FLOW
-224.24%
-20.6 M FINANCING CASH FLOW
75.07%
Balance Sheet Decomposition National Storage Affiliates Trust
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Current Assets 704 M
Cash & Short-Term Investments 94.6 M
Receivables 22.1 M
Other Current Assets 588 M
Non-Current Assets 5.23 B
Long-Term Investments 211 M
PP&E 25 M
Other Non-Current Assets 4.99 B
Current Liabilities 501 M
Accounts Payable 92.8 M
Short-Term Debt 385 M
Other Current Liabilities 23.7 M
Non-Current Liabilities 3.3 B
Long-Term Debt 3.3 B
Other Non-Current Liabilities 7.08 M
EFFICIENCY
Earnings Waterfall National Storage Affiliates Trust
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Revenue 858 M
Cost Of Revenue 451 M
Gross Profit 407 M
Operating Expenses 74.6 M
Operating Income 576 M
Other Expenses 339 M
Net Income 237 M
RATIOS
47.44% GROSS MARGIN
47.44%
67.09% OPERATING MARGIN
67.09%
18.26% NET MARGIN
18.26%
11.02% ROE
11.02%
2.64% ROA
2.64%
11.26% ROIC
11.26%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis National Storage Affiliates Trust
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Net Income 237 M
Depreciation & Amortization 222 M
Capital Expenditures -35.5 M
Stock-Based Compensation 6.68 M
Change in Working Capital 16.8 M
Others -25.7 M
Free Cash Flow 406 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets National Storage Affiliates Trust
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Wall Street analysts predict an average 1-year price target for NSA of $41.7 , with forecasts ranging from a low of $39 to a high of $45 .
NSA Lowest Price Target Wall Street Target
39 USD -9.58%
NSA Average Price Target Wall Street Target
41.7 USD -3.39%
NSA Highest Price Target Wall Street Target
45 USD 4.34%
4. DIVIDEND ANALYSIS
1.31% DIVIDEND YIELD
0.56 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership National Storage Affiliates Trust
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
695 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
614 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
4 months ago
Jul 01, 2024
Bought 0 USD
Van Mourick Mark
Director
+ 209333
0 USD
4 months ago
Jul 01, 2024
Bought 0 USD
Nordhagen Arlen Dale
Vice Chairperson
+ 64887
0 USD
5 months ago
Jun 07, 2024
Bought 695 K USD
Meisinger Chad LeRoy
Director
+ 18405
37.74 USD
11 months ago
Dec 11, 2023
Bought 237 K USD
Nordhagen Arlen Dale
Vice Chairperson
+ 6500
36.5 USD
11 months ago
Dec 05, 2023
Bought 359 K USD
Nordhagen Arlen Dale
Vice Chairperson
+ 10000
35.92 USD
1 year ago
Nov 13, 2023
Bought 18 K USD
FISCHER TAMARA D
Executive Chair
+ 608
29.68 USD
1 year ago
May 26, 2023
Bought 923 K USD
Nordhagen Arlen Dale
Vice Chair
+ 25000
36.92 USD
1 year ago
Dec 16, 2022
Bought 441 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 12000
36.73 USD
1 year ago
Dec 16, 2022
Bought 791 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 21500
36.77 USD
1 year ago
Dec 13, 2022
Bought 993 K USD
Meisinger Chad LeRoy
Director
+ 25000
39.71 USD
1 year ago
Dec 12, 2022
Bought 1.16 M USD
Meisinger Chad LeRoy
Director
+ 30000
38.61 USD
2 years ago
Nov 04, 2022
Bought 11 K USD
FISCHER TAMARA D
Chief Executive Officer
+ 292
37.78 USD
2 years ago
Nov 04, 2022
Bought 2.01 M USD
Nordhagen Arlen Dale
Executive Chairman
+ 53000
37.88 USD
2 years ago
Nov 04, 2022
Bought 48.4 K USD
Van Mourick Mark
Director
+ 1280
37.85 USD
2 years ago
Nov 04, 2022
Bought 379 K USD
Cramer David
President and COO
+ 10000
37.88 USD
2 years ago
Nov 04, 2022
Bought 50.7 K USD
Hylbert Paul William Jr
Director
+ 1350
37.52 USD
2 years ago
Nov 07, 2022
Bought 178 K USD
Warren J. Timothy
Director
+ 4680
38 USD
2 years ago
Mar 15, 2022
Sell 10.3 M USD
Nordhagen Arlen Dale
Executive Chairman
- 170000
60.71 USD
3 years ago
Dec 02, 2020
Bought 13.3 K USD
FISCHER TAMARA D
Chief Executive Officer
+ 400
33.26 USD
4 years ago
Nov 17, 2020
Sell 73.5 K USD
Van Mourick Mark
Director
- 2000
36.75 USD
4 years ago
May 15, 2020
Bought 49 K USD
Van Mourick Mark
Director
+ 2000
24.51 USD
4 years ago
Mar 30, 2020
Bought 0 USD
Nordhagen Arlen Dale
Executive Chairman
+ 12729
0 USD
5 years ago
May 29, 2019
Bought 0 USD
Nordhagen Arlen Dale
Executive Chairman
+ 10936
0 USD
5 years ago
Jan 02, 2019
Bought 1.5 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 66
22.73 USD
4 years ago
Mar 19, 2020
Bought 65.2 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 3500
18.63 USD
4 years ago
Mar 18, 2020
Bought 142 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 8500
16.7 USD
4 years ago
Mar 16, 2020
Bought 25.8 K USD
FISCHER TAMARA D
Chief Executive Officer
+ 1000
25.83 USD
4 years ago
Mar 16, 2020
Bought 786 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 30000
26.2 USD
4 years ago
Mar 12, 2020
Bought 593 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 20000
29.67 USD
4 years ago
Mar 13, 2020
Bought 98.6 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 4000
24.65 USD
4 years ago
Mar 12, 2020
Bought 97.4 K USD
Nordhagen Arlen Dale
Executive Chairman
+ 4000
24.34 USD
4 years ago
Mar 12, 2020
Bought 12.2 K USD
Treadwell Steven B
Chief Operating Officer
+ 500
24.38 USD
4 years ago
Jan 24, 2020
Bought 13.6 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 390
34.97 USD
4 years ago
Dec 27, 2019
Bought 7.15 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 217
32.93 USD
5 years ago
Sep 20, 2019
Bought 6.33 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 190
33.31 USD
5 years ago
Dec 24, 2018
Bought 514 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 20000
25.7 USD
5 years ago
Nov 05, 2019
Bought 13.2 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 400
33 USD
5 years ago
Aug 08, 2019
Bought 15.5 K USD
Hylbert Paul William Jr
Director
+ 500
30.99 USD
5 years ago
Jan 04, 2019
Bought 0 USD
Howard Kevin Maxen
Director
+ 350
0 USD
5 years ago
Dec 14, 2018
Bought 4.46 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 200
22.28 USD
5 years ago
Dec 07, 2018
Bought 90.1 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 4000
22.53 USD
5 years ago
Dec 06, 2018
Sell 283 K USD
Van Mourick Mark
Director
- 10000
28.3 USD
5 years ago
Dec 06, 2018
Bought 2.24 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 100
22.43 USD
5 years ago
Nov 30, 2018
Bought 28.6 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 1200
23.8 USD
6 years ago
Nov 05, 2018
Bought 526 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 20000
26.3 USD
6 years ago
Sep 14, 2018
Bought 268 K USD
Meisinger Chad LeRoy
Director
+ 10000
26.8 USD
6 years ago
Mar 16, 2018
Sell 350 K USD
Van Mourick Mark
Director
- 13667
25.64 USD
6 years ago
Mar 01, 2018
Sell 0 USD
Howard Kevin Maxen
Director
- 11250
0 USD
6 years ago
Jan 08, 2018
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 1505
0 USD
7 years ago
Aug 04, 2017
Sell 331 K USD
Nordhagen Arlen Dale
Chief Executive Officer
- 15000
22.05 USD
7 years ago
Aug 07, 2017
Sell 331 K USD
Nordhagen Arlen Dale
Chief Executive Officer
- 15000
22.06 USD
7 years ago
Mar 14, 2017
Sell 229 K USD
Van Mourick Mark
Director
- 10000
22.94 USD
7 years ago
Mar 15, 2017
Sell 271 K USD
Van Mourick Mark
Director
- 11750
23.05 USD
7 years ago
Jan 05, 2017
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 6816
0 USD
7 years ago
Dec 16, 2016
Bought 2.1 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 100
21.02 USD
8 years ago
Nov 18, 2016
Bought 9.8 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 500
19.6 USD
9 years ago
May 20, 2015
Bought 2.73 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 200
13.67 USD
7 years ago
Nov 21, 2016
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 96561
0 USD
7 years ago
Nov 21, 2016
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 10729
0 USD
8 years ago
Sep 01, 2016
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 102555
0 USD
8 years ago
Jun 23, 2016
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 51799
0 USD
8 years ago
Mar 08, 2016
Bought 1.88 K USD
Hylbert Paul William Jr
Director
+ 100
18.84 USD
8 years ago
Mar 07, 2016
Bought 145 K USD
Hylbert Paul William Jr
Director
+ 7400
19.63 USD
8 years ago
Jan 22, 2016
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 120776
0 USD
8 years ago
Jan 04, 2016
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 71871
0 USD
8 years ago
Jan 04, 2016
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 17943
0 USD
8 years ago
Dec 31, 2015
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 9337
0 USD
9 years ago
Sep 03, 2015
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 35460
0 USD
9 years ago
Sep 03, 2015
Bought 0 USD
Howard Kevin Maxen
director, 10 percent owner:
+ 35461
0 USD
9 years ago
Aug 24, 2015
Bought 24.3 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 2000
12.16 USD
9 years ago
Aug 21, 2015
Bought 25.3 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 2000
12.65 USD
9 years ago
Aug 14, 2015
Bought 173 K USD
Howard Kevin Maxen
director, 10 percent owner:
+ 13500
12.8 USD
9 years ago
Aug 17, 2015
Bought 6.44 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 500
12.87 USD
9 years ago
Aug 14, 2015
Bought 12.5 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 1000
12.5 USD
9 years ago
Aug 14, 2015
Bought 12.7 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 1000
12.66 USD
9 years ago
Aug 18, 2015
Bought 87.3 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 6600
13.23 USD
9 years ago
Aug 18, 2015
Bought 29.2 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 2200
13.25 USD
9 years ago
Aug 18, 2015
Bought 39.4 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 3000
13.14 USD
9 years ago
Aug 18, 2015
Bought 10.7 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 800
13.39 USD
9 years ago
Aug 17, 2015
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 8462
0 USD
9 years ago
Aug 17, 2015
Bought 6.42 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 500
12.85 USD
9 years ago
Aug 17, 2015
Bought 6.42 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 500
12.85 USD
9 years ago
Aug 17, 2015
Bought 6.42 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 500
12.83 USD
9 years ago
Aug 17, 2015
Bought 6.42 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 500
12.85 USD
9 years ago
Aug 14, 2015
Bought 800 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 63000
12.7 USD
9 years ago
Aug 14, 2015
Bought 267 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 21000
12.7 USD
9 years ago
Aug 14, 2015
Bought 382 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 30000
12.72 USD
9 years ago
Aug 14, 2015
Bought 165 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 13000
12.71 USD
9 years ago
Aug 13, 2015
Bought 599 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 48000
12.48 USD
9 years ago
Aug 13, 2015
Bought 195 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 15600
12.48 USD
9 years ago
Aug 13, 2015
Bought 269 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 21600
12.46 USD
9 years ago
Aug 13, 2015
Bought 115 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 9200
12.49 USD
9 years ago
Aug 10, 2015
Bought 0 USD
Howard Kevin Maxen
Director
+ 292644
0 USD
9 years ago
Aug 05, 2015
Bought 0 USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 27117
0 USD
9 years ago
Apr 28, 2015
Bought 10.4 K USD
Van Mourick Mark
Director
+ 800
13 USD
9 years ago
Apr 28, 2015
Bought 325 K USD
Nordhagen Arlen Dale
Chief Executive Officer
+ 25000
13 USD
9 years ago
Apr 28, 2015
Bought 400 K USD
Meisinger Chad LeRoy
Director
+ 30750
13 USD
9 years ago
Apr 28, 2015
Bought 104 K USD
FISCHER TAMARA D
Chief Financial Officer
+ 8000
13 USD
9 years ago
Apr 28, 2015
Bought 250 K USD
CHAPMAN GEORGE L
Director
+ 19250
13 USD
9 years ago
Apr 28, 2015
Bought 91 K USD
Hylbert Paul William Jr
Director
+ 7000
13 USD
9 years ago
Apr 28, 2015
Bought 91 K USD
Howard Kevin Maxen
Director
+ 7000
13 USD
7. News
National Storage Affiliates Trust (NSA) Q3 2024 Earnings Call Transcript National Storage Affiliates Trust. (NYSE:NSA ) Q3 2024 Earnings Conference Call October 31, 2024 1:00 PM ET Company Participants George Hoglund - Vice President, Investor Relations David Cramer - President and CEO Brandon Togashi - Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Jeffrey Spector - Bank of America Michael Goldsmith - UBS Omotayo Okusanya - Deutsche Bank Ronald Kamdem - Morgan Stanley Salil Mehta - Green Street Brendan Lynch - Barclays Operator Greetings, and welcome to the National Storage Affiliates' Third Quarter 2024 Conference Call. seekingalpha.com - 2 weeks ago
National Storage (NSA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for National Storage (NSA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
National Storage (NSA) Beats Q3 FFO and Revenue Estimates National Storage (NSA) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to FFO of $0.67 per share a year ago. zacks.com - 2 weeks ago
National Storage Affiliates Trust Announces Date of its Third Quarter 2024 Earnings Release and Conference Call GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of its Third Quarter 2024 Earnings Release and Conference Call. businesswire.com - 1 month ago
NSA Director: US Investigating China Telcom Cyberattacks EXCLUSIVE — National Security Agency (NSA) Director General Timothy Haugh said the agency was investigating China-linked cyberattacks against three U.S. telecommunications firms, but the government had [...] More The post NSA Director: US Investigating China Telcom Cyberattacks appeared first on The Cipher Brief... thecipherbrief.com - 1 month ago
Fed Ahead Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years. seekingalpha.com - 2 months ago
Why I Just Bought These 2 High-Yield REIT Stocks Realty Income and National Storage Affiliates have solid businesses with great long-term prospects. The REITs' juicy dividends give them a nice head start on delivering strong total returns. fool.com - 2 months ago
3 High-Yield Dividend Stocks to Buy Sooner Rather Than Later These three stocks offer forward dividend yields of between 4.8% and 5.11%. Two are REITs that should benefit from Fed rate cuts that are likely on the way later this month. fool.com - 2 months ago
National Storage Affiliates Trust and Solar Landscape Announce New Agreement to Pursue Over 100 Megawatts of Rooftop Solar GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust and Solar Landscape Announce New Agreement to Pursue Over 100 Megawatts of Rooftop Solar. businesswire.com - 2 months ago
REIT Fantasy Football: 11 Companies To Start Your Team Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio. seekingalpha.com - 2 months ago
National Storage Affiliates Trust Announces the Appointment of Warren Allan to Its Board of Trustees GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced that the Company has appointed Warren Allan to its Board, effective August 15, 2024. Mr. Allan will also serve on the Company's Audit Committee. Additionally, Mark Van Mourick has retired from the board, effective August 15, 2024. Tamara Fischer, Executive Chairperson of the Board of Trustees, commented, “We are pleased to announce Warren's addition to our board as h. businesswire.com - 3 months ago
National Storage Affiliates Trust Announces Quarterly Dividends GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust (“NSA” or the "Company") (NYSE: NSA), announced that its Board of Trustees today declared regular cash dividends for the third quarter 2024 payable on September 30, 2024 to shareholders of record on September 13, 2024 on the following securities: a dividend of $0.56 per common share, representing an annualized dividend rate of $2.24; and a dividend of $0.375 per share on the Company's 6.000% Series A Cumulative Redeema. businesswire.com - 3 months ago
8. Profile Summary

National Storage Affiliates Trust NSA

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COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 5.88 B
Dividend Yield 1.31%
Description 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. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.
Contact 8400 East Prentice Avenue, Greenwood Village, CO, 80111 https://www.nationalstorageaffiliates.com
IPO Date April 22, 2015
Employees 1108
Officers Ms. Melissa M. Cameron Senior Vice President & Chief Marketing Officer Ms. Tiffany S. Kenyon Executive Vice President, Chief Legal Officer & Secretary Ms. Tamara D. Fischer B.A., CPA Executive Chairperson Mr. David G. Cramer President, Chief Executive Officer & Trustee Mr. William S. Cowan Executive Vice President & Chief Strategy Officer Mr. George Andrew Hoglund CFA Vice President of Investor Relations Ms. Pam Valentine Senior Vice President of People Operations Ms. Marti Dowling Director of Investor Relations