WallStSmart
NSA

National Storage Affiliates Trust

NYSE: NSA · REAL ESTATE · REIT - INDUSTRIAL

$41.47
-1.03% today

Updated 2026-04-29

Market cap
$6.10B
P/E ratio
60.10
P/S ratio
8.18x
EPS (TTM)
$0.69
Dividend yield
5.44%
52W range
$27 – $44
Volume
1.9M

WallStSmart proprietary scores

57
out of 100
Grade: C+
Hold
Investment rating
6.7
Growth
B
3.0
Quality
D
6.5
Profitability
B
5.3
Valuation
C+
4/9
Piotroski F-Score
Moderate
0.4
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →200 stocks currently score above 75

Price targets

Analyst target
$38.59
-6.94%
12-Month target
$25.88
-37.59%
Intrinsic (DCF)
$67.33
Margin of safety
+50.32%
0 Strong Buy1 Buy12 Hold0 Sell0 Strong Sell

Price chart

X-Ray snapshot

Strengths
+ Free cash flow $58.61M — positive
+ Revenue growth 18.00% QoQ
+ 50.32% below intrinsic value
Risks
- Altman Z 0.36 — distress zone
- P/E 60.10x — expensive valuation
- Debt/equity 3.52x — high leverage

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$801.57M$858.06M$770.34M$752.93M$745.60M
Net income$103.74M$156.67M$111.52M$73.78M$22.89M
EPS$0.69
Free cash flow$400.12M$406.03M$342.49M$299.81M$58.61M
Profit margin12.94%18.26%14.48%9.80%9.90%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
NSA$6.10B576.76.55.33.0+50.32%Buy
WELL$147.07B397.34.02.06.5-71.21%Hold
PLD$132.47B638.07.05.35.0+48.33%Buy
EQIX$109.36B506.76.52.03.5-38.49%Buy
AMT$83.11B624.08.55.33.8+16.19%Buy
SPG$76.57B677.39.04.04.5-18.66%Strong Buy

Smart narrative

National Storage Affiliates Trust trades at $41.47. representing a P/E of 60.10x trailing earnings. Our Smart Value Score of 57/100 indicates the stock is fair. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 0.36, it sits in the distress. TTM revenue stands at $745.60M. with profit margins at 9.90%. Our DCF model estimates intrinsic value at $67.33.

Frequently asked questions

What is National Storage Affiliates Trust's stock price?
National Storage Affiliates Trust (NSA) trades at $41.47.
Is National Storage Affiliates Trust overvalued?
Smart Value Score 57/100 (Grade C+, Hold). DCF value $67.33.
What is the price target of National Storage Affiliates Trust (NSA)?
The analyst target price is $38.59, representing -6.9% downside from the current price of $41.47.
What is the intrinsic value of National Storage Affiliates Trust (NSA)?
Based on our DCF model, intrinsic value is $67.33, a +50.3% margin of safety versus $41.47.
What is National Storage Affiliates Trust's revenue?
TTM revenue is $745.60M.
Piotroski F-Score?
4/9 — moderate financial health.
Altman Z-Score?
0.36 — distress.

Company info

SectorREAL ESTATE
IndustryREIT - INDUSTRIAL
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio8.18x
ROE7.05%
Beta1.11
50D MA$38.00
200D MA$32.53
Shares out0.08B
Float0.07B
Short ratio
Avg volume1.9M

Performance

1 week
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YTD
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