National Storage Affiliates Trust (NYSE:NSA) CFO Tamara D. Fischer acquired 400 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average price of $33.00 per share, with a total value of $13,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
National Storage Affiliates Trust stock opened at $32.32 on Friday. The firm has a 50 day simple moving average of $33.94 and a 200-day simple moving average of $31.40. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.64 and a quick ratio of 0.37. The stock has a market capitalization of $1.95 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 4.18 and a beta of 0.32. National Storage Affiliates Trust has a 12-month low of $25.11 and a 12-month high of $35.76.
National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings data on Thursday, October 31st. The real estate investment trust reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.59). National Storage Affiliates Trust had a negative net margin of 4.87% and a negative return on equity of 1.45%. The company had revenue of $101.34 million during the quarter, compared to the consensus estimate of $100.49 million. During the same quarter last year, the business earned $0.36 earnings per share. The company’s revenue was up 18.7% on a year-over-year basis. On average, analysts forecast that National Storage Affiliates Trust will post 1.53 earnings per share for the current fiscal year.
Several research firms have recently issued reports on NSA. Stifel Nicolaus began coverage on shares of National Storage Affiliates Trust in a report on Monday, August 19th. They issued a “buy” rating and a $36.00 price objective for the company. ValuEngine cut shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Wells Fargo & Co increased their price objective on shares of National Storage Affiliates Trust from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Wednesday, August 21st. BMO Capital Markets reiterated a “hold” rating and issued a $26.00 price objective on shares of National Storage Affiliates Trust in a report on Thursday, October 31st. Finally, Morgan Stanley increased their price objective on shares of National Storage Affiliates Trust from $27.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, September 16th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $34.00.
About National Storage Affiliates Trust
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 709 self storage properties located in 35 states and Puerto Rico with approximately 44.9 million rentable square feet.
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