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ISIN
US6378701063
CUSIP
637870106
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202612.76%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%
202312.96%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%
20211.42%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
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.


NSA Risk / Return Rank: 8383
Overall Rank
NSA Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
NSA Sortino Ratio Rank: 8585
Sortino Ratio Rank
NSA Omega Ratio Rank: 8282
Omega Ratio Rank
NSA Calmar Ratio Rank: 8686
Calmar Ratio Rank
NSA Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


NSABenchmarkDifference
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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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 3d9mo 21d
10mo 24dFeb 2020 - Jan 2021
Rate-hike selloffLate 2018
-22.21%Oct 2018
2mo 27d10mo 10d
1y 1moJul 2018 - Aug 2019
2017 correction2017
-17.19%Aug 2017
4mo 1d2mo 16d
6mo 17dApr 2017 - Nov 2017
2018 correction2018
-16.02%Feb 2018
1mo 11d3mo
4mo 11dDec 2017 - May 2018

Drawdown Indicators


NSABenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-16.09%

-1.80%

-14.29%

Average Drawdown

Average peak-to-trough decline

-18.01%

-10.71%

-7.30%

Ulcer Index

Depth 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.


Annual
Quarterly

0.0

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

Values in undefined except per share items
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