National Storage Affiliates Trust (NYSE:NSA) Receives $35.97 Average Price Target from Analysts

Posted by Francis Steltz on Jun 20th, 2026

Shares of National Storage Affiliates Trust (NYSE:NSA – Get Free Report) have earned an average rating of “Reduce” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and thirteen have given a hold recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $35.9655.

NSA has been the topic of several analyst reports. Wall Street Zen cut National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Weiss Ratings raised National Storage Affiliates Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Barclays increased their target price on National Storage Affiliates Trust from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Citigroup increased their target price on National Storage Affiliates Trust from $33.50 to $43.62 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Finally, UBS Group increased their target price on National Storage Affiliates Trust from $29.00 to $42.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th.

Get Our Latest Analysis on NSA

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NSA. Royal Bank of Canada raised its position in shares of National Storage Affiliates Trust by 0.8% in the 1st quarter. Royal Bank of Canada now owns 110,289 shares of the real estate investment trust’s stock worth $4,345,000 after buying an additional 898 shares during the period. Advisors Asset Management Inc. purchased a new position in National Storage Affiliates Trust in the first quarter valued at about $32,000. Jones Financial Companies Lllp raised its position in National Storage Affiliates Trust by 207.3% in the first quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 821 shares during the period. Goldman Sachs Group Inc. raised its position in National Storage Affiliates Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 92,309 shares of the real estate investment trust’s stock valued at $3,637,000 after purchasing an additional 27,546 shares during the period. Finally, Empowered Funds LLC raised its position in National Storage Affiliates Trust by 2.0% in the first quarter. Empowered Funds LLC now owns 61,409 shares of the real estate investment trust’s stock valued at $2,420,000 after purchasing an additional 1,209 shares during the period. 99.97% of the stock is owned by hedge funds and other institutional investors.

National Storage Affiliates Trust Price Performance

NSA stock opened at $44.45 on Monday. National Storage Affiliates Trust has a 52-week low of $27.43 and a 52-week high of $46.47. The stock’s fifty day simple moving average is $43.00 and its 200-day simple moving average is $36.40. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 3.02. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 59.27 and a beta of 1.05.

National Storage Affiliates Trust (NYSE:NSA – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.38). National Storage Affiliates Trust had a return on equity of 6.46% and a net margin of 10.48%.The business had revenue of $185.40 million for the quarter, compared to analyst estimates of $181.69 million. During the same quarter last year, the business earned $0.54 EPS. National Storage Affiliates Trust’s revenue for the quarter was down 1.6% compared to the same quarter last year. Equities research analysts expect that National Storage Affiliates Trust will post 2.22 EPS for the current year.

National Storage Affiliates Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, June 15th. National Storage Affiliates Trust’s dividend payout ratio (DPR) is 304.00%.

About National Storage Affiliates Trust

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National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.