National Storage Affiliates Trust (NYSE: NSA) is -10.27% lower on its value in year-to-date trading and has touched a low of $27.86 and a high of $43.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NSA stock was last observed hovering at around $36.34 in the last trading session, with the day’s gains setting it 0.87%.
Currently trading at $37.21, the stock is 1.43% and -0.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 2.39% at the moment leaves the stock 6.55% off its SMA200. NSA registered -11.80% loss for a year compared to 6-month gain of 7.45%. The firm has a 50-day simple moving average (SMA 50) of $8.08 and a 200-day simple moving average (SMA200) of $11.06.
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The stock witnessed a 1.97% loss in the last 1 month and extending the period to 3 months gives it a -6.20%, and is -2.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.92% over the week and 2.46% over the month.
National Storage Affiliates Trust (NSA) has around 1708 employees, a market worth around $2.98B and $858.06M in sales. Current P/E ratio is 24.83 and Fwd P/E is 75.53. Profit margin for the company is 16.00%. Distance from 52-week low is 33.56% and -14.02% from its 52-week high. The company has generated returns on investments over the last 12 months (2.91%).
National Storage Affiliates Trust quarterly earnings per share for the current quarter are estimated at $0.29 with sales reaching $193.82M over the same period.The EPS is expected to shrink by -46.82% this year, but quarterly earnings will post -8.20% year-over-year. Quarterly sales are estimated to shrink -6.80% in year-over-year returns.
441 institutions hold shares in National Storage Affiliates Trust (NSA), with institutional investors hold 101.44% of the company’s shares. The shares outstanding are 82.29M, and float is at 73.51M with Short Float at 5.37%. Institutions hold 92.72% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 11.67 million shares valued at $406.56 million. The investor’s holdings represent 13.08% of the NSA Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 9.2 million shares valued at $320.48 million to account for 10.31% of the shares outstanding. The other top investors are State Street Corporation which holds 4.63 million shares representing 5.19% and valued at over $161.4 million, while Wasatch Advisors LP holds 4.53% of the shares totaling 4.04 million with a market value of $140.73 million.
National Storage Affiliates Trust (NSA) Insider Activity
The most recent transaction is an insider purchase by Nordhagen Arlen Dale, the company’s Vice Chairperson. SEC filings show that Nordhagen Arlen Dale bought 6,500 shares of the company’s common stock on Dec 11 ’23 at a price of $36.50 per share for a total of $0.24 million. Following the purchase, the insider now owns 4.03 million shares.
National Storage Affiliates Trust disclosed in a document filed with the SEC on Dec 05 ’23 that Nordhagen Arlen Dale (Vice Chairperson) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 05 ’23 and was made at $35.92 per share for $0.36 million. Following the transaction, the insider now directly holds 4.03 million shares of the NSA stock.
Still, SEC filings show that on Nov 13 ’23, FISCHER TAMARA D (Executive Chair) acquired 608 shares at an average price of $29.68 for $18045.0. The insider now directly holds 18,000 shares of National Storage Affiliates Trust (NSA).
