National Storage Affiliates Trust (NYSE:NSA) has a beta value of 0.39 and has seen 0.31 million shares traded in the last trading session. The company, currently valued at $5.18B, closed the last trade at $58.77 per share which meant it gained $0.33 on the day or 0.56% during that session. The NSA stock price is 0.44% off its 52-week high price of $58.51 and 45.86% above the 52-week low of $31.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.6 million shares traded. The 3-month trading volume is 818.55K shares.
The consensus among analysts is that National Storage Affiliates Trust (NSA) is an Overweight stock at the moment, with a recommendation rating of 2.20. 0 analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 11 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.3.
National Storage Affiliates Trust (NYSE:NSA) trade information
Sporting 0.56% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the NSA stock price touched $58.77 or saw a rise of 0.29%. Year-to-date, National Storage Affiliates Trust shares have moved 63.11%, while the 5-day performance has seen it change 3.76%. Over the past 30 days, the shares of National Storage Affiliates Trust (NYSE:NSA) have changed 7.46%. Short interest in the company has seen 1.48 million shares shorted with days to cover at 1.26.
Wall Street analysts have a consensus price target for the stock at $58.50, which means that the shares’ value could drop -0.46% from current levels. The projected low price target is $50.00 while the price target rests at a high of $68.00. In that case, then, we find that the current price level is -15.71% off the targeted high while a plunge would see the stock lose 14.92% from current levels.
National Storage Affiliates Trust (NSA) estimates and forecasts
Figures show that National Storage Affiliates Trust shares have outperformed across the wider relevant industry. The company’s shares have gained 51.39% over the past 6 months, with this year growth rate of 23.98%, compared to 3.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 200.00% and 140.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 19.40%.
2 analysts offering their estimates for the company have set an average revenue estimate of $138.25 million for the current quarter. 2 have an estimated revenue figure of $147.73 million for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.20% over the past 5 years. Earnings growth for 2021 is a modest 467.20% while over the next 5 years, the company’s earnings are expected to increase by 11.00%.
National Storage Affiliates Trust is expected to release its next earnings report between November 03 and November 08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.52 at a share yield of 2.59%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.91%.
National Storage Affiliates Trust (NYSE:NSA)’s Major holders
Insiders own 8.04% of the company shares, while shares held by institutions stand at 74.71% with a share float percentage of 81.24%. Investors are also buoyed by the number of investors in a company, with National Storage Affiliates Trust having a total of 367 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 9.91 million shares worth more than $500.9 million. As of Jun 29, 2021, Blackrock Inc. held 11.18% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 9.4 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $475.17 million and represent 10.60% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Specialized-Real Estate Index Fund and iShares Core S&P Midcap ETF. As of Apr 29, 2021, the former fund manager holds about 3.53% shares in the company for having 3.13 million shares of worth $142.24 million while later fund manager owns 1.85 million shares of worth $93.7 million as of Jun 29, 2021, which makes it owner of about 2.09% of company’s outstanding stock.