National Storage Affiliates Trust

National Storage Affiliates Trust operates as a real estate investment trust. It focuses on the ownership, operation, and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. The company was founded by Arlen D. Nordhagen in April 2013 and is headquartered in Greenwood Village, CO.

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National Storage Affiliates Trust reports robust Q4 performance and growth outlook

National Storage Affiliates Trust (NSA) demonstrated strong financial performance in Q4 2022, driven by acquisitions and operational efficiency.
Despite challenges in the acquisitions environment and interest rate headwinds, NSA remains well-positioned for growth and value creation.
The company's strategic focus on community support, financial management, and market insights positions it for continued success in '23 and beyond.
Positive demand indicators, occupancy rates, and revenue growth projections underscore NSA's resilience and potential for sustained performance.

National Storage Affiliates Trust reports solid Q1 performance amidst challenges

NSA's Q1 2023 performance showcased revenue growth and occupancy improvements, despite challenges from the economy and housing market.
The company's strategic strengths lie in conservative leverage, geographic diversity, and stable customer retention rates.
Challenges include market uncertainties and balancing share buybacks with leverage, while opportunities exist in preferred equity issuance and marketing strategies.
NSA's focus on driving rental growth through rate adjustments and managing supply pressures positions them for long-term success.

National Storage Affiliates Trust reports resilient Q2 performance and strategic growth plans

National Storage Affiliates Trust (NSA) navigated challenges in Q2 while emphasizing operational strengths and strategic growth plans. Despite near-term headwinds, the company remains confident in its market positioning and strategies for continued success. NSA's focus on enhancing customer acquisition and revenue management processes bodes well for future growth.

National Storage Affiliates Trust reports Q3 challenges and growth opportunities

NSA faces challenges from high interest rates and competitive markets but maintains guidance and pursues portfolio optimization.
Occupancy decline and rising expenses pose challenges, while technology enhancements and marketing efforts present opportunities.
PROs are actively acquiring properties outside the REIT, leveraging various funding sources and focusing on demand generation.
The company is confident in executing dispositions and JVs, with a focus on efficient team operations and strategic acquisitions.

National Storage Affiliates Trust (NSA) Q4 2023 Earnings: Strategic Initiatives Drive Growth Amid Revenue Challenges

National Storage Affiliates Trust (NSA) navigated challenges of flat revenue growth and declining occupancy in Q4 2023. The company focused on portfolio optimization, technology investments, and strategic capital enhancements to drive future growth and operational efficiency.

National Storage Affiliates Trust (NSA) reports Q1 challenges and growth opportunities

National Storage Affiliates Trust (NSA) faces challenges in certain markets but sees opportunities in Sunbelt regions. The company is actively managing its balance sheet, targeting strategic acquisitions, and optimizing its portfolio. Despite a decrease in Core FFO, NSA remains focused on growth and performance improvements.

National Storage Affiliates Trust faces market challenges, pursues strategic growth

NSA's Q2 2024 earnings call highlighted challenges from a competitive operating environment, leading to a 9% decrease in core FFO per share.
Despite pressure on revenue growth and occupancy rates, NSA focused on strategic acquisitions, internalizing the PRO structure, and enhancing shareholder value.
Revised guidance for 2024 reflects ongoing headwinds, but NSA remains committed to operational excellence and pursuing growth opportunities.
With a strong operational focus and strategic initiatives in place, NSA aims to navigate market challenges and drive long-term value creation for shareholders.

NSA navigated challenges of declining street rates with operational resilience and strategic financial decisions, maintaining focus on portfolio optimization.
The company's proactive approach to internalization and acquisitions positions it for sustainable growth and operational efficiency in the real estate sector.
Despite near-term revenue challenges, NSA's strategic initiatives and focus on customer dynamics present opportunities for long-term value creation.

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15 Upcoming Dividend Increases, Including A Dividend King

National Storage Affiliates Trust has experienced rapid growth through 2022, but its future growth depends on market adjustments to new capital market realities. NSA currently offers a dividend yield above 6%, with the potential for growth in the future, although the timing is uncertain. NSA is a reasonable choice for investors seeking income at the 6% level and not concerned about near-term growth, with the PRO structure providing strong dividend security.

A Look At National Storage Affiliates

I last reviewed National Storage affiliates, or NSA back in early 2023. While this REIT isn't the "best" self-storage REIT, it has qualities you want. Above all, it has the sort of undervaluation that should give you pause when you look at it. It's not as high as some people would like to think.

National Storage: Looking Even Better With Undervaluation

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National Storage Affiliates Trust (NYSE:NSA ) Q1 2023 Results Conference Call May 2, 2023 1:00 PM ET Company Participants George Hoglund - VP, IR Tamara Fischer - Executive Chair Dave Cramer - President and CEO Brandon Togashi - CFO Conference Call Participants Michael Goldsmith - UBS Juan Sanabria - BMO Capital Markets Jeff Spector - Bank of America Samir Khanal - Evercore ISI Keegan Carl - Wolfe Research Spenser Allaway - Green Street Ki Bin Kim - Truist Securities Smedes Rose - Citi Ronald Kamdem - Morgan Stanley Wes Golladay - Baird Operator Greetings, and welcome to the National Storage Affiliates First Quarter 2023 Conference Call. At this time, all participants are in a listen only mode.

National Storage Affiliates Trust (NSA) Q1 2023 Earnings Call Transcript

National Storage (NSA) came out with quarterly funds from operations (FFO) of $0.66 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to FFO of $0.68 per share a year ago.

National Storage (NSA) Misses Q1 FFO and Revenue Estimates

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports First Quarter 2023 Results.

National Storage Affiliates Trust Reports First Quarter 2023 Results

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NSA is a REIT that I covered late last year. My position is small, though I did add a small portion when the company troughed very early in January 2023. Since my last article, NSA has recovered, and the RoR is, at this time, positive. However, the REIT is still undervalued, and I believe you can make money here.

National Storage Affiliates: This Is Starting To Look Good

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National Storage Affiliates Trust Announces Date of its First Quarter 2023 Earnings Release and Conference Call

National Storage Affiliates Trust is one of the lesser-known self-storage REITs. It uses a unique structure to help it grow.

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National Storage Affiliates reported its 10-K recently, showing solid growth in 2022. Investors should be aware that acquisitions were down from 2021. They should also keep an eye on the company's debt ladder.

National Storage Affiliates: Collect A 5% From The Defensive Self Storage Sector

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National Storage Affiliates owns and operates a large portfolio of self-storage properties located in top metropolitan statistical areas. One differentiating advantage of the company is their utilization of participating regional operators.

National Storage Affiliates: Growing Like PROs

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National Storage (NSA) delivered FFO and revenue surprises of 0% and 0.93%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

National Storage (NSA) Matches Q4 FFO Estimates

National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2022 Results

GREENWOOD VILLAGE, Colo.--( BUSINESS WIRE )--National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the Company will release financial results for the three months and year ended December 31, 2022 after market close on Monday, February 27, 2023. NSA will host a conference call to discuss its financial results, current market conditions and future outlook at 1:00 p.m. Eastern Time on Tuesday, February 28, 2023. Following prepared remarks, management will accept questions from registered financial analysts. All other participants are encouraged to listen to the call via webcast using the link found on the Company's website.

National Storage Affiliates Trust Announces Date of its Fourth Quarter 2022 Earnings Release and Conference Call

Despite delivering the strongest earnings growth of any property sector in 2022, Self-Storage REITs have stumbled of late amid a post-pandemic demand normalization and pressure from elevated supply growth. Storage demand is driven largely by housing activity – specifically home sales and rental market turnover. Rental market turnover finished 2022 near historic-lows while home sales also dipped to decade-lows.

Storage REITs: Downsized Demand

GREENWOOD VILLAGE, Colo.--( BUSINESS WIRE )--National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the tax treatment of its 2022 distributions on its Common Shares of Beneficial Interest (CUSIP Number 637870106) and its 6.000% Series A Cumulative Redeemable Preferred Shares (CUSIP Number 637870205).

National Storage Affiliates Trust Announces Tax Treatment of 2022 Distributions

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I've always liked the self-storage business due to its low capex requirement and the somewhat sticky customer mindset. Perhaps I'm biased because as my wife tells me “I'm a pack rat” and I tend to keep everything.

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News for National Storage Affiliates Trust Stock (NSA)