NSA — National Storage Affiliates Trust

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About National Storage Affiliates Trust

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 approxi… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$43.00
Market Cap$6.30B
Float71.2M
Shares Outstanding77.2M
P/E (Forward)74.07
P/E (TTM)57.11
Price/Sales (TTM)8.40
vs. Analyst Target-4.7% to analyst PT
Profit Margin10.48%
Operating Margin (TTM)35.81%
Revenue (TTM)$750M
Earnings Growth (YoY)236.60%
Dividend Rate2.3%
Analyst Target Price$40.97 (15 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $432M $48.6M $309M $261M
2021 $586M $105M $430M $379M
2022 $802M $104M $591M $532M
2023 $858M $157M $629M $627M
2024 $770M $112M $558M $531M
2025 $753M $73.8M $346M $471M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $189M $19.5M
Sep 2025 $189M $18.4M
Dec 2025 $187M $22.9M
Mar 2026 $185M $17.8M

Ownership & Float

Insider Ownership7.8%
Institutional Ownership95.6%
Short Float0.0%
% of All Funds Holding3.77%
Number of Funds Holding310

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$41.68Near-term / short-term trend
Weekly40-Week SMA$33.96Medium-term trend
Weekly80-Week SMA$35.01Cyclical trend (business cycle)
Weekly200-Week SMA$37.62Secular trend (multi-year)
Monthly10-Month SMA$33.93Near-term monthly trend
Monthly20-Month SMA$35.64Medium-term monthly trend
Monthly40-Month SMA$36.79Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$34.80 support 2.13x 1 months ago
$31.80 support 1.20x 2 months ago
$28.20 support 1.37x 3 months ago

Historical Earnings Reactions (45 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.16% 0.00% 48.89% 4.01% -5.04%
1 Day -0.24% 0.00% 48.89% 5.33% -9.45%
1 Week 0.66% 1.22% 64.44% 10.30% -12.43%
2 Weeks 0.94% 1.15% 55.56% 17.49% -16.02%
1 Month 2.64% 2.98% 65.91% 25.47% -30.75%

Next earnings: July 24, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.0%63.6%11
Feb1.8%54.5%11
Mar3.2%72.7%11
Apr-0.8%45.5%11
May1.0%63.6%11
Jun-0.4%27.3%11
Jul1.1%54.5%11
Aug3.5%54.5%11
Sep-3.0%36.4%11
Oct1.1%63.6%11
Nov3.8%72.7%11
Dec2.0%63.6%11

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.09% 55.5% 521
Tuesday 0.07% 51.0% 575
Wednesday 0.00% 51.8% 571
Thursday -0.01% 48.6% 562
Friday 0.16% 53.6% 560

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 95.6%

Insider Transactions — Smart Summary

Total insider ownership: 7.8%

Founder-led management: Arlen Nordhagen (Vice Chairperson)

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for National Storage Affiliates Trust (NSA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NSA on Trend Edge →