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NSA-PB
Upturn stock rating

National Storage Affiliates Tru (NSA-PB)

Upturn stock rating
$22.01
Last Close (24-hour delay)
Profit since last BUY4.07%
upturn advisory
Consider higher Upturn Star rating
BUY since 113 days
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Upturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

10/15/2025: NSA-PB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 2.6%
Avg. Invested days 69
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 1.05
52 Weeks Range 19.56 - 26.59
Updated Date 06/28/2025
52 Weeks Range 19.56 - 26.59
Updated Date 06/28/2025
Dividends yield (FY) 7.04%
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.82%
Operating Margin (TTM) 37.85%

Management Effectiveness

Return on Assets (TTM) 3.25%
Return on Equity (TTM) 13.4%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 6154949120
Price to Sales(TTM) -
Enterprise Value 6154949120
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 69431487
Shares Outstanding -
Shares Floating 69431487
Percent Insiders -
Percent Institutions 0.45

ai summary icon Upturn AI SWOT

National Storage Affiliates Tru

stock logo

Company Overview

overview logo History and Background

National Storage Affiliates Trust (NSA) was founded in 2013. It focuses on acquiring, owning, and operating self-storage facilities within the top 100 metropolitan statistical areas of the United States. The company operates through a network of Participating Regional Operators (PROs).

business area logo Core Business Areas

  • Self-Storage Facility Ownership and Operation: NSA acquires and manages self-storage facilities. Its primary revenue source is rental income from these facilities.

leadership logo Leadership and Structure

NSA is led by a management team with experience in real estate and self-storage. The organizational structure includes a board of trustees and various departments overseeing operations, finance, and acquisitions.

Top Products and Market Share

overview logo Key Offerings

  • Self-Storage Unit Rentals: NSA's core offering is renting storage units to individuals and businesses. Market share is discussed in the 'Competitors' section. Competitors include Public Storage (PSA), Extra Space Storage (EXR) and Life Storage (LSI).

Market Dynamics

industry overview logo Industry Overview

The self-storage industry is characterized by fragmented ownership and increasing demand driven by factors such as population growth, mobility, and economic conditions.

Positioning

NSA differentiates itself through its PRO structure, allowing it to leverage local expertise and relationships. It competes with larger REITs and smaller independent operators.

Total Addressable Market (TAM)

The US self-storage market is estimated at over $50 billion. NSA is positioned to capture a portion of this TAM through acquisitions and organic growth.

Upturn SWOT Analysis

Strengths

  • PRO Structure
  • Diversified geographic presence
  • Experienced management team
  • Acquisition expertise

Weaknesses

  • Reliance on PRO performance
  • Debt levels
  • Sensitivity to economic downturns
  • Higher cost of capital relative to larger peers

Opportunities

  • Further acquisitions
  • Technological advancements (e.g., online rentals)
  • Increasing demand for self-storage
  • Expansion into new markets

Threats

  • Economic recession
  • Increased competition
  • Rising interest rates
  • Overbuilding of self-storage facilities

Competitors and Market Share

competitor logo Key Competitors

  • PSA
  • EXR
  • LSI

Competitive Landscape

NSA's PRO structure is a key differentiator. It competes with larger REITs like PSA and EXR, which have greater financial resources and brand recognition, and with smaller private operators.

Major Acquisitions

iStorage

  • Year: 2021
  • Acquisition Price (USD millions): 1320
  • Strategic Rationale: Increased NSA's footprint and added significant scale to its portfolio.

Growth Trajectory and Initiatives

Historical Growth: NSA has grown through acquisitions and organic growth. Details require specific financial data.

Future Projections: Future growth projections are based on analyst estimates and company guidance. Please refer to financial analysis platforms.

Recent Initiatives: Recent initiatives include acquisitions and improvements to existing facilities.

Summary

National Storage Affiliates, utilizing its PRO structure, has grown steadily in the fragmented self-storage market. Its ability to successfully integrate acquisitions and manage its PRO network is crucial. Economic downturns and increasing competition represent key risks to monitor, while further acquisitions remain a potential growth catalyst. The PRO structure provides advantages in local expertise and market knowledge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, Industry reports, Financial news sources, Competitor analysis

Disclaimers:

This analysis is based on publicly available information and does not constitute financial advice. Market conditions and company performance may change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About National Storage Affiliates Tru

Exchange NYSE
Headquaters Greenwood Village, CO, United States
IPO Launch date -
President, CEO & Trustee Mr. David G. Cramer
Sector Real Estate
Industry REIT - Industrial
Full time employees 1466
Full time employees 1466

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of March 31, 2025, the Company held ownership interests in and operated 1,075 self storage properties, located in 41 states and Puerto Rico with approximately 70.2 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.