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.
National Storage Affiliates Trust (NSA) will release its financial results for Q1 2022 on May 4, 2022, after market close. A conference call is scheduled for May 5, 2022, at 11:00 a.m. ET to discuss the results and market outlook. NSA, based in Greenwood Village, Colorado, is a major player in the self-storage sector, with 1,050 properties across 42 states and Puerto Rico, totaling approximately 67.8 million rentable square feet as of December 31, 2021. The company is included in key indices like the MSCI US REIT Index.
National Storage Affiliates Trust (NSA) announced a cash dividend for Q1 2022 of $0.50 per common share, a significant 43% increase from Q1 2021 and an 11% increase from the previous quarter. This represents the largest dividend increase since the company's IPO in 2015. The dividends will be payable on March 31, 2022, to shareholders of record on March 15, 2022. The company is focused on delivering attractive shareholder returns driven by its differentiated PRO structure and sunbelt market exposure.
National Storage Affiliates Trust (NSA) reported strong financial results for Q4 and full year 2021. Q4 net income rose by 75% year-over-year to $42.9 million, with diluted EPS at $0.25. Core FFO increased by 39.1% to $78.9 million. The same store NOI grew 21.7%, driven by a 17.4% rise in total revenues. NSA acquired 110 self-storage properties for over $1.1 billion in Q4. For the full year, net income surged 84.9%, totaling $146.9 million, while diluted EPS reached $0.98. The company announced increased dividends and provided optimistic guidance for 2022.
National Storage Affiliates Trust (NSA) has announced the tax treatment for its 2021 distributions for both Common and Series A Preferred Shares. The total distribution per common share for the year was $1.59, including $1.46 classified as ordinary dividends and $0.129481 as non-dividend distributions. For preferred shares, the total distribution was $1.50, entirely classified as ordinary dividends. Shareholders are advised to consult their tax advisors regarding this classification. The company continues to be a major player in the self-storage REIT sector, operating over 1,000 properties across the U.S. and Puerto Rico.
National Storage Affiliates Trust (NSA) will release its financial results for the quarter and year ending December 31, 2021, on February 22, 2022, prior to market open. The company will host a conference call at 1:00 p.m. ET on the same day to discuss results, market conditions, and future outlook, where management will also take questions. NSA owns and operates over 1,000 self-storage properties across the U.S. and Puerto Rico, totaling approximately 65 million rentable square feet.
National Storage Affiliates Trust (NSA) has announced key promotions within its leadership team, effective January 1, 2022. Tiffany S. Kenyon is promoted to Executive Vice President and General Counsel, while Melissa M. Cameron becomes Senior Vice President of Customer Acquisitions. President and CEO Tamara Fischer highlighted that these promotions reflect the expertise and commitment of the individuals and underscore NSA’s dedication to Diversity, Equity, and Inclusion initiatives. NSA will also participate in Citi’s 2022 Global Property CEO Conference from March 6-9, 2022, in Hollywood, Florida.
National Storage Affiliates Trust (NSA) has announced a $0.45 per common share dividend for Q4 2021, payable on December 30, 2021, to shareholders on record by December 15, 2021. This dividend reflects a 28.6% increase from Q4 2020 and a 9.8% increase from the previous quarter. Additionally, a dividend of $0.375 will be issued for the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares. This marks the third dividend increase this year, showcasing the Company’s strong performance and growth.
National Storage Affiliates Trust (NSA) announced an agreement to issue $450 million in senior unsecured notes with varying maturities and interest rates ranging from 2.72% to 3.06%. The weighted average maturity is 11.2 years and the average coupon is 2.88%. Proceeds will be used to repay existing debts related to property acquisitions and for general corporate purposes. The notes will be offered under exemptions from the Securities Act and will not be registered. The funding for the notes is planned for late 2021 and early 2022.
National Storage Affiliates Trust (NSA) reported significant growth in Q3 2021, with net income reaching $40.7 million, a 90.2% increase from Q3 2020. Diluted earnings per share stood at $0.26, up from $0.15. Core funds from operations (Core FFO) increased to $67.5 million or $0.57 per share, a 29.5% rise. Same store net operating income (NOI) grew by 24.3%, driven by an 18.4% increase in revenues. The company expanded its portfolio by acquiring 76 self-storage properties for $599.3 million and executed a successful public offering, raising approximately $497.4 million.
FAQ
What is the current stock price of National Storage Affiliates Trust (NSA)?
What is the market cap of National Storage Affiliates Trust (NSA)?
What does National Storage Affiliates Trust do?
Under which brands does NSA operate?
What makes NSA a reliable investment choice?
Where are NSA's properties located?
How does NSA manage their properties?
What recent achievements has NSA made?
What is NSA's approach to technology?
How can I get the latest updates about NSA?
What types of properties does NSA acquire?
Who are NSA's industry partners?
