
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About
National Storage Affiliates Tru (NSA-PB)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: NSA-PB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
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 |
Upturn AI SWOT
National Storage Affiliates Tru
Company Overview
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).
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 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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.