National Storage Affiliates Trust (NSA) to Post FY2017 Earnings of $1.23 Per Share, B. Riley Forecasts

National Storage Affiliates Trust (NYSE:NSA) – Equities researchers at B. Riley lowered their FY2017 earnings estimates for shares of National Storage Affiliates Trust in a report issued on Tuesday. B. Riley analyst D. Corak now forecasts that the real estate investment trust will post earnings per share of $1.23 for the year, down from their previous forecast of $1.24. B. Riley has a “Hold” rating and a $23.00 price target on the stock. B. Riley also issued estimates for National Storage Affiliates Trust’s Q4 2017 earnings at $0.30 EPS, Q1 2018 earnings at $0.30 EPS, Q1 2019 earnings at $0.34 EPS, Q3 2019 earnings at $0.36 EPS and Q4 2019 earnings at $0.36 EPS.

Several other research firms also recently commented on NSA. Robert W. Baird reissued a “buy” rating and issued a $29.00 target price on shares of National Storage Affiliates Trust in a research report on Wednesday, November 29th. FBR & Co set a $23.00 target price on shares of National Storage Affiliates Trust and gave the stock a “hold” rating in a research report on Wednesday, October 4th. SunTrust Banks reissued a “hold” rating and issued a $24.00 target price on shares of National Storage Affiliates Trust in a research report on Friday, November 24th. Jefferies Group set a $31.00 target price on shares of National Storage Affiliates Trust and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Finally, Wells Fargo & Co upgraded shares of National Storage Affiliates Trust from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research note on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. National Storage Affiliates Trust has an average rating of “Hold” and a consensus target price of $26.67.

Shares of National Storage Affiliates Trust (NYSE:NSA) opened at $26.53 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market cap of $1,340.94, a P/E ratio of 165.82, a price-to-earnings-growth ratio of 2.49 and a beta of 0.80. National Storage Affiliates Trust has a 1 year low of $21.17 and a 1 year high of $28.55.

The company 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 4.22%. This is a boost 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 presently 700.04%.

Institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in National Storage Affiliates Trust by 16.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 614 shares during the last quarter. Pinebridge Investments L.P. acquired a new position in National Storage Affiliates Trust during the 3rd quarter valued at $133,000. SG Americas Securities LLC acquired a new position in National Storage Affiliates Trust during the 2nd quarter valued at $155,000. Schroder Investment Management Group acquired a new position in National Storage Affiliates Trust during the 3rd quarter valued at $155,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in National Storage Affiliates Trust during the 2nd quarter valued at $164,000. Institutional investors and hedge funds own 83.92% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3126567/national-storage-affiliates-trust-nsa-to-post-fy2017-earnings-of-1-23-per-share-b-riley-forecasts.html.

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.

Earnings History and Estimates for National Storage Affiliates Trust (NYSE:NSA)

Receive News & Ratings for National Storage Affiliates Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Storage Affiliates Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.