NSA Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

187.38M

-1.61%

189.28M

-2.24%

190.07M

-0.02%

Estimates Revision

The market is revising No Change the revenue expectations for National Storage Affiliates Trust (NSA) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -4.64%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-4.64%

In Past 3 Month

10 Analyst Rating

Wall Street analysts forecast NSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NSA is 37.00 USD with a low forecast of 30.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

6 Hold

4 Sell

Moderate Sell

Current: 29.370

Low

30.00

Averages

37.00

High

41.00

Current: 29.370

Low

30.00

Averages

37.00

High

41.00

Morgan Stanley

Ronald Kamdem

Underweight -> Equal Weight

upgrade

$30 -> $32

2025-12-05

Reason

Morgan Stanley

Ronald Kamdem

Price Target

$30 -> $32

2025-12-05

upgrade

Underweight -> Equal Weight

Reason

Morgan Stanley analyst Ronald Kamdem upgraded National Storage to Equal Weight from Underweight with a price target of $32, up from $30. The firm says slowing job growth is a demand headwind to the self storage names which may lead to below peer growth. While the supply backdrop is improving, it remains elevated, the analyst tells investors in a research note. Storage real estate investment trusts have underperformed as earnings have been below expectations, adds Morgan Stanley. The firm says its Underweight thesis on National Storage has played out.

Mizuho

Neutral

downgrade

$34 -> $30

2025-12-05

Reason

Mizuho

Price Target

$34 -> $30

2025-12-05

downgrade

Neutral

Reason

Mizuho lowered the firm's price target on National Storage to $30 from $34 and keeps a Neutral rating on the shares. The firm says self storage real estate investment trusts had a "lackluster" 2025 as expectations of fundamentals inflecting "proved to be premature." While there have been some "green shoots" for the sector from improving move-in rates, transactions, and easing supply pressures, demand for self storage will remain "relatively muted" in 2026, as elevated mortgage rates, unaffordability concerns, and a weaker consumer will weigh on existing home sales, the analyst tells investors in a research note.

UBS

Neutral

downgrade

$32 -> $30

2025-11-18

Reason

UBS

Price Target

$32 -> $30

2025-11-18

downgrade

Neutral

Reason

UBS lowered the firm's price target on National Storage to $30 from $32 and keeps a Neutral rating on the shares. Self Storage REIT results in Q3 and early October data highlight that operating metrics are stabilizing with some upward momentum on move-in rates, the analyst tells investors in a research note. From here, however, the firm thinks same-store revenue growth remains challenged.

UBS

Neutral

downgrade

$39 -> $32

2025-09-16

Reason

UBS

Price Target

$39 -> $32

2025-09-16

downgrade

Neutral

Reason

UBS lowered the firm's price target on National Storage to $32 from $39 and keeps a Neutral rating on the shares.

Evercore ISI

Steve Sakwa

Underperform

maintain

$31 -> $32

2025-09-15

Reason

Evercore ISI

Steve Sakwa

Price Target

$31 -> $32

2025-09-15

maintain

Underperform

Reason

Evercore ISI analyst Steve Sakwa raised the firm's price target on National Storage to $32 from $31 and keeps an Underperform rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm's 2027 AFFO estimates into its price target framework.

Truist

Ki Bin Kim

Hold

downgrade

$37 -> $32

2025-08-22

Reason

Truist

Ki Bin Kim

Price Target

$37 -> $32

2025-08-22

downgrade

Hold

Reason

Truist analyst Ki Bin Kim lowered the firm's price target on National Storage to $32 from $37 and keeps a Hold rating on the shares.

Valuation Metrics

The current forward P/E ratio for National Storage Affiliates Trust (NSA.N) is 45.80, compared to its 5-year average forward P/E of 71.37. For a more detailed relative valuation and DCF analysis to assess National Storage Affiliates Trust 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

71.37

Current PE

45.80

Overvalued PE

143.11

Undervalued PE

-0.36

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

15.34

Current EV/EBITDA

14.07

Overvalued EV/EBITDA

16.77

Undervalued EV/EBITDA

13.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

5.01

Current PS

3.40

Overvalued PS

6.60

Undervalued PS

3.43

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

NSA News & Events

Events Timeline

No data

News

4.0

12-10Yahoo Finance

Mizuho Revises REIT Coverage, Reduces NSA Price Target to $30

6.0

12-06NASDAQ.COM

Morgan Stanley Raises Rating on National Storage Affiliates Trust (NSA)

8.0

11-21NASDAQ.COM

4 High-Yield Dividends Up to 20% That Wall Street Disapproves Of

People Also Watch

Frequently Asked Questions

What is National Storage Affiliates Trust (NSA) stock price today?

The current price of NSA is 29.37 USD — it has decreased -1.48 % in the last trading day.

What is National Storage Affiliates Trust (NSA)'s business?

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.

What is the price predicton of NSA Stock?

What is National Storage Affiliates Trust (NSA)'s revenue for the last quarter?

National Storage Affiliates Trust revenue for the last quarter amounts to 188.35M USD, decreased -3.97 % YoY.

What is National Storage Affiliates Trust (NSA)'s earnings per share (EPS) for the last quarter?

National Storage Affiliates Trust. EPS for the last quarter amounts to 0.10 USD, decreased -84.62 % YoY.

What changes have occurred in the market's expectations for National Storage Affiliates Trust (NSA)'s fundamentals?

How many employees does National Storage Affiliates Trust (NSA). have?

National Storage Affiliates Trust (NSA) has 1466 emplpoyees as of December 16 2025.

What is National Storage Affiliates Trust (NSA) market cap?

Today NSA has the market capitalization of 3.07B USD.