---
title: "National Storage Affiliates Trust (NSA.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/NSA.US.md"
symbol: "NSA.US"
name: "National Storage Affiliates Trust"
industry: "Equity Real Estate Investment Trusts (REITs)"
datetime: "2026-05-20T07:33:18.324Z"
locales:
  - [en](https://longbridge.com/en/quote/NSA.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/NSA.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/NSA.US.md)
---

# National Storage Affiliates Trust (NSA.US)

## Company Overview

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of March 31, 2026, the Company held ownership interests in and operated 1,061 self storage properties, located in 37 states and Puerto Rico with approximately 69.3 million rentable square feet, excluding three properties classified as held for sale, that were sold to a third party in April 2026. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.

| Item | Detail |
|------|--------|
| Industry | Equity Real Estate Investment Trusts (REITs) |
| Exchange | US Market |
| Website | [www.nationalstorageaffiliates.com](https://www.nationalstorageaffiliates.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:13.000Z

**Overall: C (0.55)**

**Industry**: Equity Real Estate Investment Trusts (REITs)

| Metric | Value |
|--------|-------|
| Industry Ranking | 64 / 162 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 0.97% |  |
| Net Profit YoY | 28.94% |  |
| P/B Ratio | 5.65 |  |
| Dividend Ratio | 5.47% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3214946381.85 |  |
| Revenue | 749543000.00 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 9.19% | B |
| Profit Margin | 10.48% | B |
| Gross Margin | 75.07% | A |
| Revenue YoY | 0.97% | C |
| Net Profit YoY | 28.94% | B |
| Total Assets YoY | -4.21% | D |
| Net Assets YoY | -12.83% | E |
| Cash Flow Margin | 586.64% | A |
| OCF YoY | 0.97% | C |
| Turnover | 0.15 | D |
| Gearing Ratio | 70.70% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - National Storage Affiliates Trust",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "0.97%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "28.94%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.65",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "5.47%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3214946381.85",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "749543000.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "9.19%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "10.48%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "75.07%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "0.97%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "28.94%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-4.21%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-12.83%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "586.64%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "0.97%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.15",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "70.70%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 55.42 | 85/162 | 87.43 | 55.71 | 48.68 |
| PB | 5.65 | 134/162 | 5.97 | 4.73 | 3.59 |
| PS (TTM) | 4.29 | 71/162 | 5.50 | 3.84 | 3.11 |
| Dividend Yield | 5.47% | 52/162 | 7.63% | 7.09% | 6.52% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Welltower Op (WELL.US) | C | A | D | B | A | B |
| 02 | Caretrust Reit (CTRE.US) | B | A | E | A | B | B |
| 03 | American Healthcare REIT (AHR.US) | C | B | C | B | B | B |
| 04 | Terreno Realty (TRNO.US) | B | B | E | A | B | B |
| 05 | Essential Properties Realty (EPRT.US) | B | B | E | B | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-18T04:00:00.000Z

Total Analysts: **13**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 8% |
| Hold | 12 | 92% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 41.65 |
| Highest Target | 46.00 |
| Lowest Target | 29.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/NSA.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/NSA.US/norm.md)
- [Related News](https://longbridge.com/en/quote/NSA.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/NSA.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**