NATIONAL STORAGE

GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — National Storage Affiliates (NSA) on Monday reported a key measure…

National Storage Affiliates press release (NSA): Q4 FFO of $0.71 in-line.Revenue of $208.7M (+20.2% Y/Y) beats by $3.88M.Sees FY 2023 core FFO of $2.78 to $2.86

National Storage Affiliates Trust ("NSA" or the "Company") (NYSE: NSA ) today reported the Company''s fourth quarter and full year 2022 results. Fourth Quarter 2022 Highlights Reported net income of $50.4 million for the fourth quarter of 2022, an increase of 17.4% compared to the fourth quarter of 2021. Reported diluted earnings per share of $0.31 for the fourth quarter of 2022 compared to $0.25 for the fourth quarter of 2021. Reported core funds from operations ("Core FFO") of $90.9 million, or $0.71 per share for the fourth quarter of 2022, an increase of 10.9% per share compared to the fourth quarter of 2021. Reported an increase in same store net operating income ("NOI") of 9.4% for the fourth quarter of 2022 compared to the same period in 2021, driven by a 7.4% increase in same store total revenues partially offset by an increase of 1.6% in same store property operating expenses. Reported same store period-end occupancy of 90.5% as of December 31, 2022, a decrease of 450 basis points compared to December 31, 2021.

National Storage Affiliates Trust declares $0.375/share quarterly dividend, 31.8% decrease from prior dividend of $0.55.Forward yield 3.71%Payable March 30; for shareholders of record…

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust Announces Quarterly Dividend

As January comes to an end, many of the real estate investment trusts (REITs) that were substantially lower in 2022 have had remarkable comebacks this month. One very strong subsector has been storage REITs. There were fears in 2022 that inflation and perhaps a subsequent recession would compel current customers to give up their storage units. But Wall Street seems less inclined to believe that over the past four weeks, as all of the storage REITs have performed well. Take a look at the three best-performing storage REITs over the past four weeks: National Storage Affiliates Trust (NYSE: NSA ) is a Greenwood Village, Colorado-based self-storage REIT that, as of the end of the third quarter of 2022, owned and operated 1,100 self-storage properties with 71.5 million square feet of rentable space in the largest metropolitan areas across 42 states and Puerto Rico. In early January, National Storage Affiliates announced it had entered into a new amended credit agreement to expand its total borrowing capacity by $405 million to $1.955 billion, with an expansion of the previous maturity date of January 2024 to January 2027.

Despite the signs of an impending recession threatening to make investors queasy, measures can still be taken to protect one’s portfolio and minimize potential financial losses. One such investment is a real estate investment trust (or REIT), providing a much-needed income stream and acting as a cushion against the economic downturn. As we prepare for the conditions of an inverted yield curve, many investors feel safer diversifying their portfolios by investing in REITs to buy for growth and dividends. REIT dividends are especially attractive for investors looking for income, particularly during periods of high inflation. Moreover, it offers security to limit downside risk while acting as a hedge against inflation. This makes investing in REITs a smart choice if you’re seeking an income stream with room to increase returns when the market and economy hold firm again. Having said that, let’s look at seven of the top REITs to buy for growth and dividends Ticker Company Price MPW Medical Properties Trust $13.72 IIPR Innovative Industrial Properties $89.03 NSA National Storage Affiliates Trust $38.36 PINE Alpine Income Property Trust $19.66 GNL Global Net Lease $14.08 O Realty Income $66.38 OPI Office Properties Income Trust $16.03 Medical Properties Trust ( MPW ) Source: venusvi / Shutterstock.com Medical Properties Trust (NYSE: MPW ) has gone from strength to strength to become one of the world’s leading owners of hospital real estate.

https://www.investing.com/news/pro/wolfe-research-starts-national-storage-affiliates-trust-at-peerperform-432SI-2982228

National Storage Affiliates Tru found using ticker (NSA) now have 11 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 53 and 36 with the average target price sitting at 44.09. Now with the previous closing price of 37.88 this would imply there is a potential upside of 16.4%. The 50 day moving average now sits at 38.1 and the 200 day MA is 48.07. The market capitalisation for the company is $5,420m. Find out more information at: https://www.nationalstorageaffiliates.com [stock_market_widget type="chart" template="basic" color="green" assets="NSA" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,308m based on the market concensus. National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet.

National Storage Affiliates has been taken out behind the woodshed in 2022, as shares are down more than 40% YTD. Read more here.

Our analysis is focused on sectors with strong pricing power and solid supply-and-demand attributes. See why National Storage is one of the best REITs around.

The following slide deck was published by National Storage Affiliates Trust in conjunction with this event.

National Storage Affiliates (NYSE:NSA) declares $0.55/share quarterly dividend, in line with previous.Forward yield 5.88%Payable Dec. 30; for shareholders of record Dec. 15; ex-div Dec.

BMO Capital Markets analyst Juan Sanabria downgraded National Storage Affiliates Trust (NSA) to Market Perform as the self-storage industry''s pricing power and occupancy are…