- ISIN
- US6378701063
- CUSIP
- 637870106
- Sector
- Real Estate
- Industry
- REIT - Industrial
- IPO Date
- Apr 23, 2015
Highlights
- Market Cap
- $3.45B
- Enterprise Value
- $3.47B
- EPS (TTM)
- $1.16
- PE Ratio
- 38.43
- PEG Ratio
- 3.41
- Total Revenue (TTM)
- $749.98M
- Gross Profit (TTM)
- $212.81M
- EBITDA (TTM)
- $396.95M
- Year Range
- $27.43 - $46.47
- Target Price
- $33.33
- ROA (TTM)
- 1.78%
- ROE (TTM)
- 9.80%
Share Price Chart
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Performance
NSA Performance Chart
National Storage Affiliates Trust (NSA) is up 63.6% since the beginning of the year. At $45 per share, NSA is trading 3.7% below its 52-week high of $46. Investors who bought $1,000 worth of NSA shares 5 years ago would now be looking at an investment worth $1,147.
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Returns By Period
National Storage Affiliates Trust (NSA) has returned 63.61% so far this year and 47.83% over the past 12 months. Over the last ten years, NSA has returned 13.01% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
National Storage Affiliates Trust
- 1D
- 0.65%
- 1M
- 6.08%
- YTD
- 63.61%
- 6M
- 64.31%
- 1Y
- 47.83%
- 3Y*
- 16.80%
- 5Y*
- 2.78%
- 10Y*
- 13.01%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NSA Monthly Returns History
Based on dividend-adjusted daily data since Apr 23, 2015, NSA's average daily return is +0.08%, while the average monthly return is +1.60%. At this rate, an investment would double in approximately 3.6 years.
Historically, 59% of months were positive and 41% were negative. The best month was Dec 2023 with a return of +26.8%, while the worst month was Sep 2022 at -16.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.
On a daily basis, NSA closed higher 53% of trading days. The best single day was Mar 16, 2026 with a return of +30.0%, while the worst single day was Mar 16, 2020 at -22.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.76% | 10.09% | 9.79% | 12.77% | 0.21% | 6.22% | 63.61% | ||||||
| 2025 | -2.00% | 3.96% | 3.63% | -5.58% | -7.53% | -5.42% | -7.91% | 9.40% | -4.53% | -3.74% | 1.24% | -2.34% | -20.19% |
| 2024 | -9.93% | -4.12% | 10.98% | -10.52% | 4.39% | 14.24% | 3.28% | 9.80% | 4.35% | -12.55% | 7.00% | -14.79% | -3.53% |
| 2023 | 12.96% | 3.68% | 0.11% | -7.73% | -5.03% | -3.36% | -2.99% | -0.56% | -3.98% | -10.14% | 16.37% | 26.81% | 21.94% |
| 2022 | -11.04% | -5.34% | 8.61% | -9.82% | -7.33% | -3.39% | 9.53% | -7.88% | -16.77% | 2.60% | -6.68% | -7.98% | -45.37% |
| 2021 | 1.42% | 5.50% | 4.50% | 13.80% | 1.45% | 10.53% | 7.14% | 5.69% | -7.14% | 18.32% | -1.73% | 13.52% | 98.04% |
Benchmark Metrics
National Storage Affiliates Trust has an annualized alpha of 11.41%, beta of 0.76, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since April 23, 2015.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.95%) than losses (59.73%) - typical of diversified or defensive assets.
- R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 11.41%
- Beta
- 0.76
- R²
- 0.19
- Upside Capture
- 88.95%
- Downside Capture
- 59.73%
Return for Risk
Risk / Return Rank
NSA ranks 83 for risk / return — in the top 83% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for National Storage Affiliates Trust (NSA) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NSA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 2.78 | +0.60 |
| Martin ratioReturn relative to average drawdown | 7.54 | 12.44 | -4.90 |
Dividends
Dividend History
National Storage Affiliates Trust provided a 5.10% dividend yield over the last twelve months, with an annual payout of $2.28 per share. The company has been increasing its dividends for 10 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.28 | $2.28 | $2.25 | $2.23 | $2.15 | $1.59 | $1.35 | $1.27 | $1.16 | $1.04 | $0.88 | $0.54 |
Dividend yield | 5.10% | 8.08% | 5.94% | 5.38% | 5.95% | 2.30% | 3.75% | 3.78% | 4.38% | 3.82% | 3.99% | 3.15% |
Monthly Dividends
The table displays the monthly dividend distributions for National Storage Affiliates Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $1.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $2.28 |
| 2024 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.57 | $2.25 |
| 2023 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $2.23 |
| 2022 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.55 | $2.15 |
| 2021 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.45 | $1.59 |
Dividend Yield & Payout
Dividend Yield
National Storage Affiliates Trust has a dividend yield of 5.10%, which is quite average when compared to the overall market.
Payout Ratio
National Storage Affiliates Trust has a payout ratio of 213.19%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the National Storage Affiliates Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the National Storage Affiliates Trust was 55.05%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current National Storage Affiliates Trust drawdown is 16.09%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -55.05%Oct 2023 | 1y 9mo | — | 4y 5moJan 2022 - now |
COVID crash2020 | -39.53%Mar 2020 | 1mo 3d | 9mo 21d | 10mo 24dFeb 2020 - Jan 2021 |
Rate-hike selloffLate 2018 | -22.21%Oct 2018 | 2mo 27d | 10mo 10d | 1y 1moJul 2018 - Aug 2019 |
2017 correction2017 | -17.19%Aug 2017 | 4mo 1d | 2mo 16d | 6mo 17dApr 2017 - Nov 2017 |
2018 correction2018 | -16.02%Feb 2018 | 1mo 11d | 3mo | 4mo 11dDec 2017 - May 2018 |
Drawdown Indicators
| NSA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.05% | -56.78% | +1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.18% | -9.10% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -39.08% | -18.90% | -20.18% |
Max Drawdown (5Y)Largest decline over 5 years | -55.05% | -25.43% | -29.62% |
Max Drawdown (10Y)Largest decline over 10 years | -55.05% | -33.92% | -21.13% |
Current DrawdownCurrent decline from peak | -16.09% | -1.80% | -14.29% |
Average DrawdownAverage peak-to-trough decline | -18.01% | -10.71% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.36% | 2.03% | +4.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of National Storage Affiliates Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how National Storage Affiliates Trust is priced in the market compared to other companies in the REIT - Industrial industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for NSA, comparing it with other companies in the REIT - Industrial industry. Currently, NSA has a P/E ratio of 38.4. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for NSA compared to other companies in the REIT - Industrial industry. NSA currently has a PEG ratio of 3.4. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for NSA relative to other companies in the REIT - Industrial industry. Currently, NSA has a P/S ratio of 4.6. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for NSA in comparison with other companies in the REIT - Industrial industry. Currently, NSA has a P/B value of 3.8. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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