National Storage Affiliates Trust (NYSE:NSA) had declared a cash dividend of $0.2200 on Aug 29, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Aug 29, 2016 share price, the yield comes out to be 4.3307%. The dividend payable date has been fixed on Sep 30, 2016.
In a different note, On Aug 10, 2016, Jefferies said it Maintains its rating on National Storage Affiliates Trust. In the research note, the firm Lowers the price-target to $24.00 per share. The shares have been rated ‘Hold’ by the firm. DA Davidson said it Initiates Coverage on National Storage Affiliates Trust, according to a research note issued on Jun 24, 2016. The shares have been rated ‘Buy’ by the firm. FBR Capital said it Initiates Coverage on National Storage Affiliates Trust, according to a research note issued on Jun 23, 2016. The shares have been rated ‘Market Perform’ by the firm.
National Storage Affiliates Trust (NSA) shares turned negative on Thursdays trading session with the shares closing down -0.19 points or -0.94% at a volume of 5,71,005. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $20.37. The peak price level was also seen at $20.37 while the days lowest was $20.03. Finally the shares closed at $20.12. The 52-week high of the shares is $22.86 while the 52-week low is $12.61. According to the latest information available, the market cap of the company is $719 M.
National Storage Affiliates Trust(NSA) last announced its earnings results on Aug 8, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $47.28M. Analysts had an estimated revenue of $44.69M. Earnings per share were $0.28. Analysts had estimated an EPS of $0.26.
Several Insider Transactions has been reported to the SEC. On Mar 10, 2016, Paul William Jr Hylbert (director) purchased 100 shares at $18.84 per share price.Also, On Aug 26, 2015, Tamara D Fischer (CFO) purchased 2,000 shares at $12.16 per share price.On Aug 18, 2015, Kevin Maxen Howard (director 10% owner) purchased 13,500 shares at $12.80 per share price, according to the Form-4 filing with the securities and exchange commission.
National Storage Affiliates Trust (NSA) is a real estate investment trust focused on the ownership operation and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. It serves as the general partner of and operates its business through its operating partnership subsidiary NSA OP LP. Its participating regional operators (PROs) include SecurCare Self Storage Northwest Self Storage Optivest Properties Guardian Storage Move It and Storage Solutions. Its PRO entered into a facilities portfolio management agreement with the Company with respect to its contributed portfolio together with asset management agreements for each property. Its FindLocalStorage.com provides an online self-storage search solution for customers and valuable leads for the Company’s properties. The Company’s portfolio includes over 225 self-storage properties located across 13 states with approximately 12.4 million rentable square feet.