4 Analysts Assess National Storage: What You Need To Know

National Storage Affiliates Trust -1.46% Pre

National Storage Affiliates Trust

NSA

35.74

35.74

-1.46%

0.00% Pre

4 analysts have shared their evaluations of National Storage (NYSE:NSA) during the recent three months, expressing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 1 3 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 2 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 1 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $35.0, a high estimate of $37.00, and a low estimate of $32.00. This current average reflects an increase of 5.26% from the previous average price target of $33.25.

price target chart

Decoding Analyst Ratings: A Detailed Look

The standing of National Storage among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ki Bin Kim Truist Securities Raises Hold $37.00 $35.00
Todd Stender Wells Fargo Raises Underweight $36.00 $32.00
Steve Sakwa Evercore ISI Group Raises Underperform $35.00 $32.00
Todd Stender Wells Fargo Lowers Underweight $32.00 $34.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to National Storage. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of National Storage compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of National Storage's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into National Storage's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on National Storage analyst ratings.

About National Storage

National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. It owned a diversified portfolio of more than 1050 self-storage properties, located in more than 42 states and Puerto Rico, comprising approximately 67.8 million rentable square feet, configured in approximately 533,000 storage units. National Storage's portfolio consists of self-storage properties designed to offer convenient, affordable, and secure storage units.

National Storage's Financial Performance

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining National Storage's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.98% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 11.0%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): National Storage's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.01%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): National Storage's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.39%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: National Storage's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.47.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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