National Storage Affiliates Trust (NYSE:NSA) – SunTrust Banks upped their Q1 2019 earnings estimates for shares of National Storage Affiliates Trust in a research report issued to clients and investors on Monday, April 15th. SunTrust Banks analyst K. Kim now expects that the real estate investment trust will earn $0.36 per share for the quarter, up from their prior forecast of $0.35. SunTrust Banks also issued estimates for National Storage Affiliates Trust’s Q3 2019 earnings at $0.39 EPS, Q4 2019 earnings at $0.39 EPS and FY2022 earnings at $1.69 EPS.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings data on Monday, February 25th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.51). National Storage Affiliates Trust had a net margin of 3.48% and a return on equity of 0.98%. The company had revenue of $89.30 million during the quarter, compared to analyst estimates of $91.12 million. During the same quarter in the prior year, the company earned $0.32 EPS. The business’s revenue was up 21.2% on a year-over-year basis.

Several other equities analysts also recently issued reports on NSA. Zacks Investment Research upgraded shares of National Storage Affiliates Trust from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Thursday, December 20th. ValuEngine downgraded shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a research note on Saturday, January 5th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $30.17.

NYSE NSA opened at $28.09 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.49 and a quick ratio of 0.49. National Storage Affiliates Trust has a 1 year low of $24.44 and a 1 year high of $32.28. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 20.36, a P/E/G ratio of 3.78 and a beta of 0.46.

Several large investors have recently made changes to their positions in NSA. NumerixS Investment Technologies Inc raised its holdings in shares of National Storage Affiliates Trust by 1,700.0% in the fourth quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 1,700 shares during the last quarter. Advisor Group Inc. raised its holdings in shares of National Storage Affiliates Trust by 140.2% in the fourth quarter. Advisor Group Inc. now owns 4,168 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 2,433 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of National Storage Affiliates Trust by 174.8% in the first quarter. Nisa Investment Advisors LLC now owns 4,150 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 2,640 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of National Storage Affiliates Trust by 382.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,352 shares of the real estate investment trust’s stock valued at $142,000 after buying an additional 4,243 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of National Storage Affiliates Trust in the third quarter valued at about $159,000. 92.89% of the stock is owned by institutional investors and hedge funds.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.20 annualized dividend and a yield of 4.27%. National Storage Affiliates Trust’s dividend payout ratio is presently 86.96%.

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 669 self storage properties located in 34 states and Puerto Rico with approximately 42.5 million rentable square feet.

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Earnings History and Estimates for National Storage Affiliates Trust (NYSE:NSA)

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