National Storage Affiliates Trust (NYSE: NSA) is -10.30% lower on its value in year-to-date trading and has touched a low of $34.50 and a high of $49.44 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 $38.84 in the last trading session, with the day’s loss setting it -1.64%.
Currently trading at $37.20, the stock is -13.30% and -13.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -4.22% at the moment leaves the stock -10.45% off its SMA200. NSA registered -7.07% loss for a year compared to 6-month gain of -11.95%. The firm has a 50-day simple moving average (SMA 50) of $43.3044 and a 200-day simple moving average (SMA200) of $41.538.
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The stock witnessed a -15.91% loss in the last 1 month and extending the period to 3 months gives it a -23.41%, and is -12.08% 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 3.49% over the week and 2.28% over the month.
National Storage Affiliates Trust (NSA) has around 1708 employees, a market worth around $5.00B and $795.63M in sales. Current P/E ratio is 21.81 and Fwd P/E is 51.90. Profit margin for the company is 18.01%. Distance from 52-week low is 7.83% and -24.76% from its 52-week high. The company has generated returns on investments over the last 12 months (3.24%).
The EPS is expected to shrink by -54.60% this year
474.0 institutions hold shares in National Storage Affiliates Trust (NSA), with institutional investors hold 103.37% of the company’s shares. The shares outstanding are 76.22M, and float is at 69.68M with Short Float at 4.90%. Institutions hold 94.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.9 million shares valued at $407.96 million. The investor’s holdings represent 12.335 of the NSA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.18 million shares valued at $337.32 million to account for 10.1992 of the shares outstanding. The other top investors are WASATCH ADVISORS LP which holds 6.9 million shares representing 8.5939 and valued at over $284.23 million, while STATE STREET CORP holds 4.7171 of the shares totaling 3.78 million with a market value of $156.01 million.
National Storage Affiliates Trust (NSA) Insider Activity
The most recent transaction is an insider purchase by Meisinger Chad LeRoy, the company’s Director. SEC filings show that Meisinger Chad LeRoy bought 18,405 shares of the company’s common stock on Jun 07 ’24 at a price of $37.74 per share for a total of $0.69 million. Following the purchase, the insider now owns 0.11 million shares.
