Positive News Coverage Somewhat Unlikely to Affect National Storage Affiliates Trust (NSA) Stock Price

News articles about National Storage Affiliates Trust (NYSE:NSA) have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. National Storage Affiliates Trust earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 47.2449640516927 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of brokerages have recently issued reports on NSA. B. Riley set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Robert W. Baird reissued a “buy” rating and issued a $27.00 price objective on shares of National Storage Affiliates Trust in a research note on Wednesday, October 4th. FBR & Co set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a research note on Wednesday, October 4th. SunTrust Banks reissued a “hold” rating and issued a $24.00 price objective on shares of National Storage Affiliates Trust in a research note on Friday, November 24th. Finally, Wells Fargo & Co raised National Storage Affiliates Trust from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $26.67.

National Storage Affiliates Trust (NYSE NSA) opened at $26.08 on Thursday. The stock has a market capitalization of $1,290.00 and a PE ratio of 137.26. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.66 and a quick ratio of 0.66. National Storage Affiliates Trust has a 52 week low of $21.17 and a 52 week high of $28.55.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.29%. This is an increase from National Storage Affiliates Trust’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, December 14th. National Storage Affiliates Trust’s payout ratio is currently 589.47%.

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About National Storage Affiliates Trust

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company’s operating partnership subsidiary is NSA OP, LP.

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