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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CubeSmart

Extra Space Storage

Life Storage

Public Storage

Real estate investment trusts (REITs) are the kind of investment that the Reddit/WallStreetBets crowd would probably sneer at, but the reality is we are now in no-man's-land when it comes to the stock market.

Why This May Be the Best Growth and Income Idea for Investors Now

National Storage Affiliates Trust has proven itself to be a fast-growing company with attractive and improving cash flows.

National Storage Affiliates Trust: A Solid Growth Prospect

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Date of its First Quarter 2021 Earnings Release and Conference Call

National Storage Affiliates Trust Announces Date of its First Quarter 2021 Earnings Release and Conference Call

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Expansion of Board of Trustees and the Addition of Charles Wu to the Board

National Storage Affiliates Trust Announces Expansion of Board of Trustees and the Addition of Charles Wu to the Board

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Declares First Quarter 2021 Dividends

National Storage Affiliates Trust Declares First Quarter 2021 Dividends

National Storage Affiliates Trust (NSA) CEO Tamara Fischer on Q4 2020 Results - Earnings Call Transcript

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2020 Results

National Storage Affiliates Trust Reports Fourth Quarter and Full Year 2020 Results

National Storage Affiliates Trust (NSA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for National Storage Affiliates Trust (NSA)

American Tower

Healthcare Trust of America

As the performance of REITs depends on the underlying asset types and location of properties, not all companies suffered pandemic-related setbacks in Q4.

4 REITs Boosting Investor Hopes in Q4 Earnings Amid Pandemic Blues

The self-storage industry is growing, but which of the top players in the space is most attractive?

Which Self-Storage REITs Are Best Buys Now?

NSA is executing well in the current environment, with strong full-year bottom-line growth expected for 2020. I see inflation ramping up in the next few years, and NSA is well-positioned for it.

Why 3.7%-Yielding National Storage Affiliates Is Your Inflation Hedge

Global Self Storage

Self-Storage REITs stumbled into 2020 as perennial underperformers with challenged fundamentals amid oversupply headwinds and a strained outlook which appeared certain to deteriorate further amid the pandemic. Reversal of fortunes? Self-storage REITs were unexpected leaders in 2020, producing the second-best returns of any property sector. Four-of the six storage REITs boosted their dividends above pre-pandemic rates.

Storage REITs: Riding The Housing Boom

National Storage Affiliates has demonstrated impressive growth in recent years, and it continues to do well, with record-high occupancy at present. Its differentiated strategy of using the PRO (participating regional operators) structure mitigates risk for the company.

National Storage Affiliates: Store Your Capital With This Fast-Growing REIT

Automatic Data Processing

Assurant

Air Lease

Atmos Energy

D.R. Horton

Four Corners Property Trust

Griffon

Lancaster Colony

MDU Resources Group

Roper Technologies

Southside Bancshares

Service Corp

Timken

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Changes: November 7-13, 2020

National Storage Affiliates Trust (NSA) CEO Tamara Fischer on Q3 2020 Results - Earnings Call Transcript

National Storage (NSA) delivered FFO and revenue surprises of 7.32% and 1.68%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

National Storage (NSA) Tops Q3 FFO and Revenue Estimates

Iron Mountain

Vanguard Real Estate ETF

Self Storage REITs have been unexpected leaders throughout the pandemic. Riding the tailwinds of the single-family housing boom, storage REITs are one of four property sectors in positive territory this year. Storage REITs stumbled into 2020 with challenged fundamentals and a strained outlook after years of relentless supply growth, which led to intense competition between operators and downward pressure on rents.

Storage REITs: Housing Boom Brightens Outlook

iShares Cohen & Steers REIT ETF

Real Estate Select Sector SPDR Fund

While it was the second worst-performing sector in 2019 and fundamentals for 2020 were projected to be the worst in years, it has been a huge outperformer in 2020.

Essential REIT Evaluation: Self Storage

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust (the "Company") (NYSE: NSA) today announced the pricing of its previously announced underwritten public offering of 4,500,000 common shares of beneficial interest of the Company in connection with the forward sale agreements described below at a public offering price of $33.15 per share.

National Storage Affiliates Trust Announces Pricing of Public Offering of Common Shares

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Launches Public Offering of Common Shares

National Storage Affiliates Trust Launches Public Offering of Common Shares

Atrion

Community Bank System

Community Trust Bancorp

Logitech

Altria

Worthington Industries

7 Upcoming Dividend Increases Including This Dividend King

National Storage Affiliates: A 15% Total Return Potential

BRT Apartments

Cousins Properties

Duke Realty

Plymouth Industrial REIT

Whitestone REIT

A New Quant-Based Approach To Picking Real Estate Investment Trusts

American Financial Group

Lowe's

Polaris

Dividend Changes: August 15-21, 2020

National Storage Affiliates Trust (NSA) CEO Tamara Fischer on Q2 2020 Results - Earnings Call Transcript

News for National Storage Affiliates Trust Stock (NSA)