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NSA · National Storage Affiliates Trust

$43.41 -0.77 (-1.74%) At close · Jul 21
Market Cap
$3.35B
Shares
77.21M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$43.41 Open$44.20 Day$43.02–44.24 52W$26.50–46.47 Avg vol 30d1.8M Short int4.6M · 6.0% float · 4.4d Short vol36% Last earningsFeb 26, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 5

Up next

FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 5, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Neutral Momentum Strong Sentiment Neutral Fundamentals Weak Quant / Vol Low
      Market backdrop VIX 18.6 · elevated Equity put/call 0.79
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg +20%
      above
      Price vs 50-day avg −1%
      below
      RSI (14) 43
      neutral
      MACD trend Negative
      52-week position 85%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Strong
      1-month return −3%
      trailing
      6-month return +38%
      trailing
      YTD return +57%
      this year
      Relative strength +31%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $44 › 200d $36 — 50d above 200d
      Institutional flow Accumulating
      60 of 332 funds reported for Jun 30 · net +26.5K sh shares · +6 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      5.95% of float · ▲ +10.5% MoM · 4.4 days cover
      Volume signal Reversal watch
      High volume on a down day — possible exhaustion
      Institution breadth Steady
      332 holders — mid 3-yr range
      Squeeze score 59
      elevated · 0–100
      Fundamentals
      Weak
      Revenue growth −2%
      Y/Y
      EPS growth −42%
      Y/Y
      Valuation P/E 57.9
      rich
      Buyback $350.3M
      remaining
      Balance sheet $23.3M
      net cash
      Quant / Vol
      risk profile
      Low
      Volatility 39%
      annualized · 1-yr
      Max drawdown −14%
      past year
      ATR 2.4%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 3 of last 5
      Latest guidance · from the 8-K filed Feb 25, 2026
      Same store property operating expenses growth · Full Year 2026 Initiated 2% – 4%
      Earnings per share - diluted · Full Year 2026 GAAP Initiated $0.93 – $1.03
      prior FY $0.69 midpoint +42.0% Y/Y
      Guided vs delivered · last 5 settled
      Earnings per share - diluted Full Year 2025
      guided $0.71 – $0.74
      $0.69 Miss −4.8%
      Earnings per share - diluted Full Year 2024
      guided $1.10 – $1.17
      $1.18 Beat +4.0%
      Earnings per share - diluted Full Year 2023
      guided $1.02 – $1.05
      $1.48 Beat +43.0%
      Earnings (loss) per share - diluted Full Year 2022
      guided $1.14 – $1.21
      $0.99 Miss −15.7%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 5 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +20% Bullish
      Price vs 50-day avg
      −1% Neutral
      RSI (14)
      43 Neutral
      MACD trend
      Negative Bearish
      52-week position
      85% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $44 › 200d $36 — 50d above 200d
      Institutional flow Accumulating
      60 of 332 funds reported for Jun 30 · net +26.5K sh shares · +6 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      5.95% of float · ▲ +10.5% MoM · 4.4 days cover
      Volume signal Reversal watch
      High volume on a down day — possible exhaustion
      Institution breadth Steady
      332 holders — mid 3-yr range
      Price context
      position in its 52-week range
      52-wk low $26 Now $43 · 85% 52-wk high $46
      vs 200-day avg +20% vs 50-day avg -1%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Average Annualized Rental Revenue Per Occupied Square Foot $15.88 Three Months Ended March 31, 2026
      Core FFO non-GAAP $76.8M Three Months Ended March 31, 2026
      Core FFO per share and unit non-GAAP $0.57 Three Months Ended March 31, 2026
      FFO per share and unit non-GAAP $0.49 Three Months Ended March 31, 2026
      Same Store Average Occupancy 84.2% Three Months Ended March 31, 2026
      Same Store NOI Margin non-GAAP 70.5% Three Months Ended March 31, 2026
      Same store period-end occupancy 84.5% as of March 31, 2026
      Same store property operating expenses change non-GAAP -3.9% first quarter of 2026
      Same store total revenues change non-GAAP 0.2% first quarter of 2026
      Same store NOI change -4.5% Full Year 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      REIT - Industrial — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      NSA
      National Storage Affiliates Trust
      this stock
      $3.35B +56.8% -2.3% 57.9 6.0%
      PLD
      Prologis, Inc.
      $137.64B +14.6% +7.2% 37.2 1.4%
      PSA
      Public Storage
      $56.61B +25.5% +2.7% 33.3 3.8%
      EXR
      Extra Space Storage Inc.
      $31.21B +13.0% +33.1% 33.2 2.2%
      EGP
      Eastgroup Properties Inc
      $11.46B +20.6% +12.7% 37.4 4.5%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      336
      % held
      85.1%
      Reported
      60 of 332
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      290
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      4.6M
      Days to cover
      4.4d
      Change
      +438.0K sh
      View
      Short Volume
      Short vol %
      36%
      As of
      Jul 21, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      600
      Value
      $27.4K
      As of
      Jun 15, 2026
      View
      Off-Exchange
      Off-exchange %
      25.5%
      Week of
      Jun 29, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Lois Frankel
      Amount
      $1.0K–$15.0K
      Traded
      Sep 8, 2023
      View
      Financials
      Financials
      Revenue (FY)
      $752.9M
      Net income (FY)
      $73.8M
      EPS diluted
      $0.69
      View
      Buybacks
      Authorized
      $275.0M
      Remaining
      $350.3M
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 22, 2026
      This year
      11
      View
      Exempt Offerings
      Offering
      $139.6M
      Filed
      Mar 29, 2023
      View
      Earnings & Events
      Earnings Calls
      Last call
      Feb 26, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      NSA -3.0% -3.0% +38.2% -2.4% +56.8%
      SPY -0.5% +0.5% +7.6% +0.2% +9.7%
      vs SPY -2.5% -3.5% +30.7% -2.6% +47.0%

      Capital returns

      Latest dividend
      $0.57 / share · ex Jun 15, 2026
      Raised 1.8%
      Paid (TTM)
      $2.28 / share · 4 payouts
      Dividend yield (TTM, derived)
      5.25%
      Buyback program · as of Mar 31, 2026
      Authorized
      $275.00M
      Spent (derived)
      Remaining
      $350.30M

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1618563 CUSIP 637870106 13F (30d) 59 filings 59 filers Visit website Investor relations