National Storage Affiliates Trust (NSA)

In the past six months, National Storage Affiliates Trust's stock price has been impacted by several events. The stock price has decreased by 35.18% over the last year, with a 20% pullback in 2025, and analysts have issued an average rating of "Reduce" or "Sell". In November 2025, NSA announced quarterly dividends and reported lower earnings, core Funds From Operations (FFO), same-store net operating income, and same-store period-end occupancy compared to the previous year, despite beating analyst estimates. Also in November 2025, NSA announced a preferred equity investment in a joint venture with Investment Real Estate Management, LLC (IRE). In May 2025, NSA reported its First Quarter 2025 results, with net income decreasing by 79.5% and diluted earnings per share falling to $0.10. Same-store net operating income also decreased by 5.7%.

The self-storage industry experiences seasonal fluctuations in demand, with the peak season occurring in late spring and summer (May through September) due to moving, students on break, and home renovations. The fall and winter months are the off-peak season, with a decline in storage unit demand, although businesses may require extra storage for holiday inventory, and customers might need space for holiday decorations and winter sports equipment. A return to more familiar seasonal patterns has been observed after shifts during the pandemic.

National Storage Affiliates Trust (NSA) is a real estate investment trust (REIT) that specializes in the ownership, operation, and acquisition of self-storage properties across the United States. It operates under a unique Participating Regional Operator (PRO) structure, allowing regional operators to contribute properties for equity, aligning interests with company performance. The company's sector is Real Estate, and its industry is REIT - Industrial, focusing on self-storage. NSA offers standard and climate-controlled units, vehicle storage, packing supplies, and tenant insurance.

As of September 30, 2025, National Storage Affiliates Trust held ownership interests in and operated 1,069 self-storage properties in 37 states and Puerto Rico, encompassing approximately 69.8 million rentable square feet. As of December 31, 2024, NSA had ownership interests in 1,169 self-storage facilities across 42 states. The company focuses on properties predominantly located within the top 100 metropolitan statistical areas throughout the United States.

The provided search results do not contain specific information regarding National Storage Affiliates Trust's brand reputation or any events that have explicitly affected it in the past year. While the stock has experienced a pullback and analysts have issued "Reduce" ratings, this reflects financial performance and market sentiment rather than direct brand reputation issues or controversies.

National Storage Affiliates Trust's ownership is primarily institutional, with approximately 70.54% to 99.97% of the stock held by institutional investors, including Vanguard Group Inc. and BlackRock, Inc. Insiders hold approximately 7.81% to 24.49% of the company's stock, with Arlen Dale Nordhagen being the largest individual shareholder. Retail investors hold approximately 19.33% of the stock.