STOCK TITAN

National Storage Affiliates Trust - NSA STOCK NEWS

Welcome to our dedicated page for National Storage Affiliates Trust news (Ticker: NSA), a resource for investors and traders seeking the latest updates and insights on National Storage Affiliates Trust stock.

National Storage Affiliates Trust (NSA) is a leading self-administered and self-managed real estate investment trust (REIT) specializing in the ownership, operation, and acquisition of self-storage facilities across the United States. The company focuses on metropolitan statistical areas (MSAs) to ensure strategic and high-demand locations for their properties.

NSA operates a diversified portfolio under well-recognized brands such as iStorage, SecurCare, Northwest, and Move It. By leveraging their comprehensive property management platform, NSA manages both consolidated properties and unconsolidated real estate ventures. This integrated approach allows for efficient day-to-day operations and enhances control over the assets.

In recent years, NSA has demonstrated robust growth through strategic acquisitions and operational efficiencies. The company's financial health remains solid, backed by strong occupancy rates and stable revenue streams. NSA's commitment to expanding its portfolio has been evident in recent projects aimed at enhancing storage solutions and customer satisfaction.

Partnerships with other industry leaders and continuous investment in technology have positioned NSA as a formidable player in the self-storage REIT sector. The company's forward-thinking approach and dedication to high standards make it a reliable choice for investors looking to capitalize on the growing demand for self-storage solutions.

For the latest updates and developments, NSA provides comprehensive news and performance reports, ensuring transparency and informed decision-making for its stakeholders.

Rhea-AI Summary
National Storage Affiliates Trust (NSA) announced the tax treatment of its 2023 distributions on its Common Shares, 6.000% Series A Cumulative Redeemable Preferred Shares, and its 6.000% Series B Cumulative Redeemable Preferred Shares. For the tax year ended December 31, 2023, distributions to common and preferred shareholders are classified on Form 1099-DIV. NSA management is scheduled to participate in Citi’s 2024 Global Property CEO Conference on March 4 – 6, 2024 in Hollywood, Florida.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
none
-
Rhea-AI Summary
National Storage Affiliates Trust (NSA) declares regular cash dividends for Q4 2023, with a dividend of $0.56 per common share and upcoming participation in Nareit REITworld 2023 Annual Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
dividends
-
Rhea-AI Summary
National Storage Affiliates Trust (NSA) reported net income of $43.1 million for Q3 2023, a 7.2% increase compared to Q3 2022. Diluted earnings per share were $0.26, up from $0.21 in the same period last year. Core FFO was $85.8 million, or $0.67 per share, a decrease of 6.9% per share compared to Q3 2022. Same store NOI decreased by 0.1% due to an increase in property operating expenses. Period-end occupancy was 88.5%, down 360 basis points from the previous year. The company acquired two self storage properties for $30.1 million and repurchased common shares for $213.4 million. They also issued $250.0 million of senior unsecured notes in a private placement. NSA reaffirms its full-year 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
Rhea-AI Summary
National Storage Affiliates Trust to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
-
Rhea-AI Summary
Rebecca Steinfort named non-executive board chair of One Call, bringing extensive healthcare industry experience. She will assist in long-term strategy and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
management
-
Rhea-AI Summary
National Storage Affiliates Trust (NSA) has declared regular cash dividends for the third quarter 2023. The dividend for common shares is $0.56 per share, with an annualized rate of $2.24. The dividend for the Company's Series A Cumulative Redeemable Preferred Shares is $0.375 per share. NSA management will be participating in the Bank of America Securities 2023 Global Real Estate Conference and the Evercore ISI 9th Annual Storage Symposium.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
dividends

FAQ

What is the current stock price of National Storage Affiliates Trust (NSA)?

The current stock price of National Storage Affiliates Trust (NSA) is $37.84 as of December 20, 2024.

What is the market cap of National Storage Affiliates Trust (NSA)?

The market cap of National Storage Affiliates Trust (NSA) is approximately 2.9B.

What does National Storage Affiliates Trust do?

NSA specializes in the ownership, operation, and acquisition of self-storage facilities across the United States.

Under which brands does NSA operate?

NSA operates under iStorage, SecurCare, Northwest, and Move It brands.

What makes NSA a reliable investment choice?

NSA's strategic acquisitions, strong financial health, and high occupancy rates make it a reliable investment choice.

Where are NSA's properties located?

NSA's properties are located within metropolitan statistical areas throughout the United States.

How does NSA manage their properties?

NSA uses a comprehensive property management platform to handle the day-to-day operations and affairs of their properties.

What recent achievements has NSA made?

NSA has demonstrated robust growth through strategic acquisitions and operational efficiencies.

What is NSA's approach to technology?

NSA continuously invests in technology to enhance storage solutions and customer satisfaction.

How can I get the latest updates about NSA?

NSA provides comprehensive news and performance reports to keep stakeholders informed.

What types of properties does NSA acquire?

NSA focuses on acquiring self-storage properties within high-demand metropolitan statistical areas.

Who are NSA's industry partners?

NSA partners with various industry leaders to enhance their service offerings and operational efficiencies.

National Storage Affiliates Trust

NYSE:NSA

NSA Rankings

NSA Stock Data

2.92B
69.51M
8.99%
94.37%
4.76%
REIT - Industrial
Real Estate Investment Trusts
Link
United States of America
GREENWOOD VILLAGE