NSA — National Storage Affiliates Trust

NYSE · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 1618563 ·
Last close
$44.50
Market Cap
$3.45B
52W High
$46.26
52W Low
$40.23
ADV30
951,990
Next earnings
2026-08-03
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of March 31, 2026, the Company held ownership interests in and operated 1,061 self storage properties, located in 37 states and Puerto Rico with approximately 69.3 million rentable square feet, excluding three properties classified as held for sale, that were sold to a third party in April 2026. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 185,401,000 133,367,000 70,898,000 17,780,000 5,033,758,000 27,648,000 3,558,669,000
Dec 2025 187,031,000 135,563,000 71,921,000 22,892,000 5,080,115,000 23,328,000 3,546,332,000
Sep 2025 188,702,000 133,355,000 70,909,000 18,427,000 5,142,302,000 26,295,000 3,560,261,000
Jun 2025 188,842,000 133,215,000 68,299,000 19,471,000 5,181,285,000 26,121,000 3,543,603,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$340,315,000
Investing CF
$28,090,000
Financing CF
$-360,211,000
CapEx
$-44,030,000
Dividends Paid
$-195,804,000
Buybacks
$-17,691,000
EPS Diluted TTM
$0.75
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-683,581,000
Inventory
Receivables
$16,363,000
ST Investments
EBIT TTM
$288,124,000
Pretax Income TTM
$126,897,000
Interest Exp TTM
$161,227,000
Analysts
11

Yahoo Snapshot (yfinance, live)

Total Revenue
$749,542,976
EBITDA
$463,851,008
Free Cash Flow
$241,671,008
Enterprise Value
$6,055,956,992
Total Cash
$19,513,000
Total Debt
$2,009,383,040
Shares Out
77,625,567
Trailing EPS
$0.75
Book Value
$7.38
ROE
7.9%
ROA
3.4%
Div Yield
5.25%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 752,929,000 278,642,000 73,784,000 5,080,115,000 3,546,332,000 338,501,000
Dec 2024 770,335,000 297,156,000 111,518,000 5,354,462,000 3,591,115,000 363,065,000
Dec 2023 858,063,000 336,695,000 156,669,000 5,931,811,000 3,805,970,000 441,576,000
Dec 2022 801,569,000 289,538,000 103,737,000 6,070,007,000 3,680,993,000 443,847,000

TTM Snapshot

Revenues TTM
$481,584,000
NetIncome TTM
$23,018,000
OpCashFlow TTM
$0
Assets (Latest)
$5,354,462,000
Forward EPS
$0.37

Max Pain — expiry 2026-10-16 (volume-derived — Yahoo OI feed degraded)

max pain strike: $45.00 · spot: $43.41 · call volume: 17 · put volume: 45
Expected Move to 2026-10-16: ±$4.45 (10.25%) — implied range $38.96$47.86 · ATM straddle on $45.00 strike

Peers — same industry

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LXP LXP Industrial Trust $3.53B $60.81
JOE ST JOE Co $3.57B $62.12
CURB Curbline Properties Corp. $3.60B $31.56
VAC MARRIOTT VACATIONS WORLDWIDE Corp $3.24B $94.39
OPEN Opendoor Technologies Inc. $3.70B $3.84

News headlines (Yahoo Finance, 1h cache)

Public Storage (PSA) Completes Senior Notes Offering Tied To National Storage Deal
2026-07-24 07:16 · Yahoo
Public Storage Completes $10.5B NSAT Acquisition
2026-07-24 06:04 · Yahoo
Public Storage Closes NSA Deal: What to Expect From Q2 Results?
2026-07-23 15:28 · Yahoo
Public Storage Completes Acquisition of National Storage Affiliates Trust
2026-07-22 16:06 · Yahoo
Public Storage Announces Closing of National Storage Affiliates Acquisition
2026-07-22 15:19 · Yahoo
Molina Healthcare Set to Join S&P MidCap 400 and Construction Partners to Join S&P SmallCap 600
2026-07-16 21:56 · Yahoo
Public Storage Announces Anticipated Closing Date of Pending Acquisition of National Storage Affiliates Following Approval by NSA Shareholders
2026-07-14 20:15 · Yahoo
National Storage Affiliates Trust Announces Common Shareholder Approval of Acquisition by Public Storage
2026-07-14 20:05 · Yahoo
National Storage Affiliates Trust Announces Anticipated Closing Date of Pending Transaction; Declares Dividend in Connection with Pending Transaction
2026-07-10 21:06 · Yahoo
Public Storage Prices Public Offering of $900 Million of Senior Notes at an Effective Interest Rate of 4.855% to Fund the Acquisition of National Storage Affiliates Trust
2026-07-10 01:06 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.