Analysts forecast that National Storage Affiliates Trust (NYSE:NSA) will post earnings of $0.39 per share for the current quarter, according to Zacks. Three analysts have made estimates for National Storage Affiliates Trusts earnings, with estimates ranging from $0.38 to $0.40. National Storage Affiliates Trust posted earnings per share of $0.37 during the same quarter last year, which would indicate a positive year over year growth rate of 5.4%. The company is expected to report its next quarterly earnings results on Monday, February 24th.

According to Zacks, analysts expect that National Storage Affiliates Trust will report full year earnings of $1.53 per share for the current fiscal year, with EPS estimates ranging from $1.52 to $1.54. For the next fiscal year, analysts expect that the firm will post earnings of $1.62 per share, with EPS estimates ranging from $1.61 to $1.64. Zacks earnings per share averages are an average based on a survey of sell-side research analysts that cover National Storage Affiliates Trust.

National Storage Affiliates Trust (NYSE:NSA) last issued its earnings results on Thursday, October 31st. The real estate investment trust reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.59). National Storage Affiliates Trust had a negative return on equity of 1.45% and a negative net margin of 4.87%. The firm had revenue of $101.34 million during the quarter, compared to the consensus estimate of $100.49 million. During the same period last year, the business earned $0.36 earnings per share. The firms revenue for the quarter was up 18.7% compared to the same quarter last year.

A number of research firms have recently issued reports on NSA. Morgan Stanley lifted their price target on 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. Zacks Investment Research lowered shares of National Storage Affiliates Trust from a buy rating to a hold rating in a report on Tuesday, December 3rd. BMO Capital Markets restated a hold rating and issued a $26.00 price objective on shares of National Storage Affiliates Trust in a research report on Thursday, October 31st. ValuEngine downgraded shares of National Storage Affiliates Trust from a buy rating to a hold rating in a research note on Wednesday, September 4th. Finally, Wells Fargo & Co reiterated a buy rating on shares of National Storage Affiliates Trust in a research report on Monday, December 9th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the companys stock. The stock currently has a consensus rating of Hold and a consensus price target of $33.83.

Shares of NYSE NSA traded up $0.02 during midday trading on Thursday, reaching $32.76. 4,971 shares of the company traded hands, compared to its average volume of 534,123. National Storage Affiliates Trust has a 12 month low of $25.11 and a 12 month high of $35.76. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.64 and a current ratio of 0.64. The stocks 50-day simple moving average is $32.98 and its 200-day simple moving average is $32.19. The firm has a market cap of $1.93 billion, a PE ratio of 23.71, a PEG ratio of 4.17 and a beta of 0.29.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from National Storage Affiliates Trusts previous quarterly dividend of $0.32. This represents a $1.32 dividend on an annualized basis and a yield of 4.03%. National Storage Affiliates Trusts dividend payout ratio (DPR) is presently 95.65%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of National Storage Affiliates Trust by 3.3% during the second quarter. Vanguard Group Inc. now owns 6,624,526 shares of the real estate investment trusts stock worth $191,714,000 after purchasing an additional 213,375 shares during the period. State Street Corp raised its stake in shares of National Storage Affiliates Trust by 3.1% in the 3rd quarter. State Street Corp now owns 3,143,735 shares of the real estate investment trusts stock valued at $104,906,000 after purchasing an additional 93,419 shares during the period. Invesco Ltd. lifted its holdings in shares of National Storage Affiliates Trust by 228.9% in the second quarter. Invesco Ltd. now owns 2,041,493 shares of the real estate investment trusts stock valued at $59,081,000 after purchasing an additional 1,420,851 shares in the last quarter. Nuveen Asset Management LLC bought a new stake in shares of National Storage Affiliates Trust in the second quarter valued at about $45,783,000. Finally, Renaissance Technologies LLC boosted its position in shares of National Storage Affiliates Trust by 5.4% during the second quarter. Renaissance Technologies LLC now owns 1,527,814 shares of the real estate investment trusts stock worth $44,215,000 after buying an additional 78,100 shares during the period. 92.95% of the stock is currently owned by institutional investors and hedge funds.

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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$0.39 EPS Expected for National Storage Affiliates Trust (NYSE:NSA) This Quarter - Riverton Roll