National Storage Affiliates Trust (NSA) Scheduled to Post Quarterly Earnings on Thursday

National Storage Affiliates Trust (NYSE:NSA) will release its earnings data after the market closes on Thursday, November 1st. Analysts expect National Storage Affiliates Trust to post earnings of $0.34 per share for the quarter. National Storage Affiliates Trust has set its FY18 guidance at $1.33-1.37 EPS.

National Storage Affiliates Trust (NYSE:NSA) last announced its quarterly earnings data on Monday, August 6th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.27). National Storage Affiliates Trust had a net margin of 4.63% and a return on equity of 1.29%. The firm had revenue of $79.72 million for the quarter, compared to analysts’ expectations of $79.68 million. During the same period last year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was up 23.9% compared to the same quarter last year. On average, analysts expect National Storage Affiliates Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NSA stock opened at $27.25 on Tuesday. National Storage Affiliates Trust has a one year low of $23.10 and a one year high of $32.28. The stock has a market cap of $1.50 billion, a P/E ratio of 21.80, a PEG ratio of 2.45 and a beta of 0.48. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05.



In related news, Director Chad Leroy Meisinger purchased 10,000 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were purchased at an average price of $26.80 per share, with a total value of $268,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 13.10% of the company’s stock.

A number of analysts have recently issued reports on the stock. Jefferies Financial Group downgraded shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating and set a $32.00 price target on the stock. in a report on Tuesday, July 17th. SunTrust Banks raised their price target on shares of National Storage Affiliates Trust from $25.00 to $28.00 and gave the company a “hold” rating in a report on Thursday, July 12th. DA Davidson set a $37.00 price target on shares of National Storage Affiliates Trust and gave the company a “buy” rating in a report on Thursday, July 12th. Zacks Investment Research downgraded shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a report on Saturday, July 21st. Finally, ValuEngine downgraded shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a report on Friday, September 7th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. National Storage Affiliates Trust presently has an average rating of “Hold” and an average target price of $29.00.

National Storage Affiliates Trust Company Profile

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. The Company currently holds ownership interests in and operates 533 self storage properties located in 29 states with approximately 33 million rentable square feet.

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Earnings History for National Storage Affiliates Trust (NYSE:NSA)

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