<ul>
<li>National Storage Affiliates Trust 最近公布了第三季度业绩，重申了 2025 年全年收益指引，并宣布与投资房地产管理公司成立一项新的 3.5 亿美元合资企业，旨在针对增值自存储投资。</li>
<li>这一合作使 NSA 增加了收购能力，并引入了优先股回报结构，反映出其在艰难的运营环境下仍然专注于投资组合扩展。</li>
<li>我们将探讨与 IRE 的新合资企业如何影响 National Storage Affiliates Trust 的长期增长前景和运营效率。</li>
</ul>
<p>探索 27 家领先的量子计算公司，它们在下一代技术革命中引领潮流，并通过量子算法、超导量子比特和前沿研究塑造未来。</p>
<h2>National Storage Affiliates Trust 投资叙述回顾</h2>
<p>成为 National Storage Affiliates Trust 的股东，您需要相信自存储需求的韧性以及管理层应对费用压力、入住率波动和缓慢收入背景的能力。与投资房地产管理公司新宣布的合资企业可能会增加增长能力和收购机会，但并不能消除入住率下降和成本上升可能继续对利润和收益造成压力的直接风险。</p>
<p>在所有最近的公告中，与 IRE 的合作因其针对增长市场的增值自存储交易而脱颖而出，提供优先股回报，并使 NSA 能够潜在地受益于市场变化。这一举措与未来收益增长的催化剂相一致，但并未解决来自同店收入下降、成本结构挑战和激烈竞争的当前逆风。相反，投资者还应认识到与利润压缩相关的持续风险。</p>
<p>阅读关于 National Storage Affiliates Trust 的完整叙述（免费！）</p>
<p>预计到 2028 年，National Storage Affiliates Trust 的收入将达到 8.016 亿美元，收益为 5670 万美元。该前景假设年收入增长率为 2.6%，收益将从当前的 4740 万美元增加 930 万美元。</p>
<p>揭示 National Storage Affiliates Trust 的预测如何产生 33.77 美元的公允价值，相较于当前价格有 10% 的上行空间。</p>
<h2>探索其他视角</h2>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2363695b-826d-40b5-95f9-b45696c64307/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2363695b-826d-40b5-95f9-b45696c64307/chart/community-fair-value"/></p>
<p>截至 2025 年 11 月的 NSA 社区公允价值</p>
<p>四位 Simply Wall St 社区成员对 National Storage Affiliates Trust 的公允价值估计在 15.61 美元至 41.34 美元之间。尽管观点各异，但持续的费用增长仍然是一个关键话题，可能会影响对运营表现和长期回报的预期。</p>
<p>探索 National Storage Affiliates Trust 的其他 4 个公允价值估计——为什么该股票可能比当前价格高出 35%！</p>
<h2>自建 National Storage Affiliates Trust 叙述</h2>
<p>不同意现有叙述？在 3 分钟内创建您自己的叙述——非凡的投资回报很少来自随大流。</p>
<ul>
<li>开始您对 National Storage Affiliates Trust 研究的一个好起点是我们的分析，强调了可能影响您投资决策的 3 个关键回报和 2 个重要警示信号。</li>
<li>我们的免费 National Storage Affiliates Trust 研究报告提供了全面的基本面分析，以单一视觉——雪花图的形式总结，使您能够一目了然地评估 National Storage Affiliates Trust 的整体财务健康状况。</li>
</ul>
<h2>对其他选项感兴趣？</h2>
<p>市场变化迅速。这些股票不会长时间被隐藏。抓住机会获取列表：</p>
<ul>
<li>揭示下一个大事件，寻找财务稳健的便士股票，平衡风险与回报。</li>
<li>这 12 家公司在 COVID 后生存并蓬勃发展，具备在特朗普关税下生存的正确要素。在您的投资组合感受到贸易战压力之前，了解原因。</li>
<li>我们发现 20 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

<p>国家储存附属信托（National Storage Affiliates Trust，NSA）宣布与投资房地产管理公司（Investment Real Estate Management）成立一项 3.5 亿美元的合资企业，旨在增强其在自助存储领域的收购能力。尽管重申了 2025 年的盈利指引，但该合作关系并未消除因入住率下降和成本上升带来的风险。预计到 2028 年，NSA 的收入将达到 8.016 亿美元，预计每股公允价值为 33.77 美元，显示出 10% 的潜在上涨空间。然而，持续的费用增长和市场竞争仍然是投资者关注的问题</p>

<ul>
<li>National Storage Affiliates Trust recently reported third-quarter results, reaffirmed its full-year 2025 earnings guidance, and announced a new US$350 million joint venture with Investment Real Estate Management to target value-add self storage investments.</li>
<li>This collaboration gives NSA increased acquisition capacity and introduces a preferred equity return structure, reflecting its ongoing focus on portfolio expansion despite challenging operating conditions.</li>
<li>We'll explore how the new joint venture with IRE could influence National Storage Affiliates Trust's long-term growth outlook and operational efficiency.</li>
</ul>
<div class="lb-trans"><ul>
<li>National Storage Affiliates Trust 最近公布了第三季度业绩，重申了 2025 年全年收益指引，并宣布与投资房地产管理公司成立一项新的 3.5 亿美元合资企业，旨在针对增值自存储投资。</li>
<li>这一合作使 NSA 增加了收购能力，并引入了优先股回报结构，反映出其在艰难的运营环境下仍然专注于投资组合扩展。</li>
<li>我们将探讨与 IRE 的新合资企业如何影响 National Storage Affiliates Trust 的长期增长前景和运营效率。</li>
</ul>
</div><p>Explore 27 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.</p>
<div class="lb-trans"><p>探索 27 家领先的量子计算公司，它们在下一代技术革命中引领潮流，并通过量子算法、超导量子比特和前沿研究塑造未来。</p>
</div><h2>National Storage Affiliates Trust Investment Narrative Recap</h2>
<div class="lb-trans"><h2>National Storage Affiliates Trust 投资叙述回顾</h2>
</div><p>To be a shareholder in National Storage Affiliates Trust, you need to believe in the resilience of self-storage demand and management’s ability to navigate expense pressures, occupancy swings, and a slow revenue backdrop. The newly announced joint venture with Investment Real Estate Management could increase growth capacity and acquisition opportunities, but it does not remove the immediate risk that reduced occupancy and higher costs may continue to weigh on margins and earnings in the near term.</p>
<div class="lb-trans"><p>成为 National Storage Affiliates Trust 的股东，您需要相信自存储需求的韧性以及管理层应对费用压力、入住率波动和缓慢收入背景的能力。与投资房地产管理公司新宣布的合资企业可能会增加增长能力和收购机会，但并不能消除入住率下降和成本上升可能继续对利润和收益造成压力的直接风险。</p>
</div><p>Of all recent announcements, the partnership with IRE stands out for targeting value-add self-storage deals in growth markets, providing preferred equity returns and positioning NSA to potentially benefit from market shifts. This move aligns with catalysts for future earnings growth but does not address the present headwinds from declining same-store revenue, challenging cost structures, and stiff competition. In contrast, investors should also recognize the ongoing risk tied to margin compression from...</p>
<div class="lb-trans"><p>在所有最近的公告中，与 IRE 的合作因其针对增长市场的增值自存储交易而脱颖而出，提供优先股回报，并使 NSA 能够潜在地受益于市场变化。这一举措与未来收益增长的催化剂相一致，但并未解决来自同店收入下降、成本结构挑战和激烈竞争的当前逆风。相反，投资者还应认识到与利润压缩相关的持续风险。</p>
</div><p>Read the full narrative on National Storage Affiliates Trust (it's free!)</p>
<div class="lb-trans"><p>阅读关于 National Storage Affiliates Trust 的完整叙述（免费！）</p>
</div><p>National Storage Affiliates Trust is projected to reach $801.6 million in revenue and $56.7 million in earnings by 2028. This outlook assumes a 2.6% annual revenue growth rate and a $9.3 million increase in earnings from the current $47.4 million.</p>
<div class="lb-trans"><p>预计到 2028 年，National Storage Affiliates Trust 的收入将达到 8.016 亿美元，收益为 5670 万美元。该前景假设年收入增长率为 2.6%，收益将从当前的 4740 万美元增加 930 万美元。</p>
</div><p>Uncover how National Storage Affiliates Trust's forecasts yield a $33.77 fair value, a 10% upside to its current price.</p>
<div class="lb-trans"><p>揭示 National Storage Affiliates Trust 的预测如何产生 33.77 美元的公允价值，相较于当前价格有 10% 的上行空间。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他视角</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2363695b-826d-40b5-95f9-b45696c64307/chart/community-fair-value" alt="" original-src="https://images.simplywall.st/company/2363695b-826d-40b5-95f9-b45696c64307/chart/community-fair-value"/></p>
<p>NSA Community Fair Values as at Nov 2025</p>
<div class="lb-trans"><p>截至 2025 年 11 月的 NSA 社区公允价值</p>
</div><p>Four Simply Wall St Community members provided fair value estimates for National Storage Affiliates Trust ranging from US$15.61 to US$41.34 per share. While views vary, continued expense growth remains a key topic likely to impact expectations for operating performance and long-term returns.</p>
<div class="lb-trans"><p>四位 Simply Wall St 社区成员对 National Storage Affiliates Trust 的公允价值估计在 15.61 美元至 41.34 美元之间。尽管观点各异，但持续的费用增长仍然是一个关键话题，可能会影响对运营表现和长期回报的预期。</p>
</div><p>Explore 4 other fair value estimates on National Storage Affiliates Trust - why the stock might be worth as much as 35% more than the current price!</p>
<div class="lb-trans"><p>探索 National Storage Affiliates Trust 的其他 4 个公允价值估计——为什么该股票可能比当前价格高出 35%！</p>
</div><h2>Build Your Own National Storage Affiliates Trust Narrative</h2>
<div class="lb-trans"><h2>自建 National Storage Affiliates Trust 叙述</h2>
</div><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p>
<div class="lb-trans"><p>不同意现有叙述？在 3 分钟内创建您自己的叙述——非凡的投资回报很少来自随大流。</p>
</div><ul>
<li>A great starting point for your National Storage Affiliates Trust research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</li>
<li>Our free National Storage Affiliates Trust research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate National Storage Affiliates Trust's overall financial health at a glance.</li>
</ul>
<div class="lb-trans"><ul>
<li>开始您对 National Storage Affiliates Trust 研究的一个好起点是我们的分析，强调了可能影响您投资决策的 3 个关键回报和 2 个重要警示信号。</li>
<li>我们的免费 National Storage Affiliates Trust 研究报告提供了全面的基本面分析，以单一视觉——雪花图的形式总结，使您能够一目了然地评估 National Storage Affiliates Trust 的整体财务健康状况。</li>
</ul>
</div><h2>Curious About Other Options?</h2>
<div class="lb-trans"><h2>对其他选项感兴趣？</h2>
</div><p>Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters:</p>
<div class="lb-trans"><p>市场变化迅速。这些股票不会长时间被隐藏。抓住机会获取列表：</p>
</div><ul>
<li>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</li>
<li>These 12 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.</li>
<li>We've found 20 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</li>
</ul>
<div class="lb-trans"><ul>
<li>揭示下一个大事件，寻找财务稳健的便士股票，平衡风险与回报。</li>
<li>这 12 家公司在 COVID 后生存并蓬勃发展，具备在特朗普关税下生存的正确要素。在您的投资组合感受到贸易战压力之前，了解原因。</li>
<li>我们发现 20 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

国家储存附属公司信托（NSA）新的 3.5 亿美元合资企业对股东的意义