National Storage Affiliates Trust

National Storage Affiliates Trust (NSA) Stock Analysis

$43.410

-0.755 (-1.74%)At close

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High
44.240
Open
44.200
VWAP
43.56
Vol
25.65M
Mkt Cap
3.07B
Low
43.020
Amount
1.12B
EV/EBITDA, TTM
14.95

National Storage Affiliates Trust is an integrated, self-administered, and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas across the United States. The Company owns approximately 1,074 self-storage properties, located in 42 states and Puerto Rico, comprising approximately 70.2 million rentable square feet in approximately 5,52,000 storage units. The properties are managed with a local operational focus of the Company and its participating regional operators (PROs). The Company also managed through its property management platform an additional portfolio of approximately 259 properties owned by the Company's unconsolidated real estate ventures. These properties contain approximately 18.0 million rentable square feet, in approximately 143,000 storage units and located across 24 states. The Company’s operating partnership subsidiary is NSA OP, LP.

Analyst Ratings (8)

-14.77% downside
Hold
3 Buy
5 Hold
0 Sell
Current: 43.41
Low
30.00
Average
37.00
High
41.00

Evercore ISI

2026-07-06

Price Target

$46

In Line

Truist

2026-06-23

Price Target

$45

Hold

UBS

2026-05-18

Price Target

$42

Neutral

Citi

2026-05-12

Price Target

Neutral

Barclays

2026-04-20

Price Target

$41

Equal Weight

Valuation Metrics

The current forward P/E ratio for National Storage Affiliates Trust (NSA) is 58.60, compared to its 5-year average forward P/E of 76.12.

Forward P/E

Fair
5Y Average P/E
76.12
Current P/E
58.60
Overvalued
153.28
Undervalued
-1.04

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
15.33
Current EV/EBITDA
14.95
Overvalued
16.75
Undervalued
13.90

Forward P/S

Fair
5Y Average P/S
4.82
Current P/S
3.88
Overvalued
6.38
Undervalued
3.26

Alphio AI Price Scenarios for NSA

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%NSA

$38.28

Scenario price

B

Base

Base · 50%NSA

$33.63

Scenario price

B

Bear

Bear · 25%NSA

$25.31

Scenario price

Whales holding NSA

H

Heartland Advisors, Inc.

+ HoldingNSA

+5.63%

3M Return

O

Ontario Teachers' Pension Plan Board

+ HoldingNSA

+4.52%

3M Return

E

Engineers Gate Manager LP

+ HoldingNSA

+2.72%

3M Return

Events Timeline

2026-07-16 (ET)

17:30:00

Public Storage Acquires National Storage Affiliates Trust

2026-05-05 (ET)

17:10:00

Q1 2026 Same Store Total Revenue Up 0.2% YoY

2026-03-16 (ET)

16:30:00

Stocks Rebound Amid Energy Market Volatility

12:10:00

National Storage Stock Rises 27% to $39.30

12:00:00

Stocks Rebound Amid Rising Oil Prices and Geopolitical Tensions

News

NSA FAQ — answered by Alphio AI

National Storage Affiliates Trust is an integrated, self-administered, and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas across the United States. The Company owns approximately 1,074 self-storage properties, located in 42 states and Puerto Rico, comprising approximately 70.2 million rentable square feet in approximately 5,52,000 storage units. The properties are managed with a local operational focus of the Company and its participating regional operators (PROs). The Company also managed through its property management platform an additional portfolio of approximately 259 properties owned by the Company's unconsolidated real estate ventures. These properties contain approximately 18.0 million rentable square feet, in approximately 143,000 storage units and located across 24 states. The Company’s operating partnership subsidiary is NSA OP, LP. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

8 analysts cover NSA: 3 rate it Buy, 5 Hold and 0 Sell. The average price target is 37.00.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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