Real Estate
National Storage Affiliates Trust(NSA)
Live Price
Offline$45.72
+0.46% today
1Y Change
+39.07%
Window
Jun 25, 2025 โ Jun 22, 2026
- Market Cap
- $3.28B
- Revenue Growth
- -2.3%
- EPS Growth
- -40.7%
- Dividend Yield
- 5.4%
Coverage: 248 bars ยท Jun 25, 2025 โ Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
National Storage Affiliates Trust (NSA) is a Real Estate stock with a market cap of $3.28B and listed on NYSE. The stock last traded around $45.72 and up 39.1% across the available one-year price window (Jun 25, 2025 โ Jun 22, 2026). Baseline metrics include revenue growth of -2.3%, EPS growth of -40.7%, a dividend yield of 5.4%. What stands out right now is revenue -2.3%, EPS -40.7%, free cash flow -12.5% with operating margin 37.0% and ROIC 436.1%. The dividend matters to the case here, with a current yield around 5.4%. Valuation already assumes a fairly strong business story at P/E 44.3 and price/sales 4.4. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines NSA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-2.3% vs +11.4% peer median
Operating Margin
Below sector median
+37.0% vs +59.6% peer median
P/E
Above sector median
44.3 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 4, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -2.3% and EPS is at -40.7%, with operating margin around 37.0%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 5.4%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +2.0% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 4, 2026 | โ | +0.7% | +4.9% | +0.6% |
2026 Feb 25, 2026 | +3.6% | +0.3% | -0.3% | +8.9% |
2025 Nov 3, 2025 | +1.8% | +2.6% | +1.3% | +3.0% |
Benchmark Edge
NSA vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
NSA
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
NSA Max Drawdown
-17.33%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for NSA and SPY.
Company Overview
National Storage Affiliates Trust
New York Stock Exchange
National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.
- Leadership
- David G. Cramer
- IPO Date
- Apr 22, 2015
- Employees
- 1.5k
- Street Address
- 8400 East Prentice Avenue
- Mailing
- Greenwood Village, CO, 80111
- Region
- Greenwood Village, CO, US
- Reporting Currency
- USD
- Investor Line
- 720-630-2600
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 44.3
- EV/EBITDA
- 14.2
- Price/Sales
- 4.4
- Price/Book
- 3.5
Growth
- Revenue
- -2.3%
- EPS
- -40.7%
- Free Cash Flow
- -12.5%
Profitability
- Gross Margin
- 46.0%
- Operating Margin
- 37.0%
- Net Margin
- 9.8%
- ROE
- 7.5%
- ROIC
- 436.1%
Balance Sheet
- Debt/Equity
- 3.62
- Current Ratio
- 0.11
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.