Welcome to our dedicated page for National Storage Affiliates Tr news (Ticker: NSA), a resource for investors and traders seeking the latest updates and insights on National Storage Affiliates Tr stock.
National Storage Affiliates Trust reports developments as a self-storage real estate investment trust focused on owning, operating and acquiring properties in U.S. metropolitan markets. Company news commonly covers quarterly results, funds from operations, Core FFO, same-store operating data, portfolio activity and supplemental operating metrics for its self-storage platform.
Recurring updates also address debt and equity capitalization, material agreements, shareholder voting matters and governance disclosures. NSA’s operating context includes consolidated properties and unconsolidated real estate ventures managed under self-storage brands such as iStorage, SecurCare, RightSpace, Northwest and Move It.
Molina Healthcare (NYSE: MOH), currently in the S&P SmallCap 600, will join the S&P MidCap 400, replacing National Storage Affiliates Trust (NYSE: NSA), effective before the market opens on Wednesday, July 22, 2026. At the same time, Construction Partners (NASD: ROAD) will enter the S&P SmallCap 600, replacing Molina Healthcare in that index.
According to S&P Dow Jones Indices, these changes are tied to S&P 500 constituent Public Storage (NYSE: PSA) acquiring National Storage Affiliates Trust, with the deal expected to close on or about the effective date, subject to final conditions.
National Storage Affiliates Trust (NYSE: NSA) announced that its common shareholders have approved the previously disclosed acquisition of NSA by Public Storage at a special meeting held on July 14, 2026. Approximately 99.9% of votes cast supported the transaction, representing more than 84% of NSA’s outstanding common shares.
NSA had already obtained approval from holders of a majority of its operating partnership units (excluding those held by NSA or its subsidiaries), so no additional equity-holder approvals are required to close. The company expects the transaction to be completed on or about July 22, 2026, subject to satisfaction or waiver of remaining customary closing conditions. Final voting results will be reported in a Form 8-K filing with the U.S. Securities and Exchange Commission. NSA has engaged Morgan Stanley as exclusive financial advisor, Clifford Chance as legal advisor, and Joele Frank as strategic communications advisor, while Public Storage is advised by Goldman Sachs, Wells Fargo, Eastdil Secured, Wachtell Lipton, DLA Piper, and Kekst CNC.
National Storage Affiliates Trust (NYSE: NSA) expects its previously announced acquisition by Public Storage to close on or about July 22, 2026, following a special shareholder meeting on July 14, 2026, subject to shareholder approval and customary conditions.
The board declared a special pro rata cash dividend of $0.0336 per common share for July 1–21, 2026, payable immediately before closing to holders of record on the business day before the closing date, contingent on the transaction closing. NSA shareholders will receive 0.14 Public Storage common share per NSA share, and a majority of NSA OP unitholders have already consented, leaving common shareholder approval as the only remaining equity-holder condition.
National Storage Affiliates Trust (NYSE:NSA) declared regular second-quarter 2026 cash dividends. Common shareholders will receive $0.57 per share, an annualized rate of $2.28. Preferred shareholders in the 6.000% Series A and Series B will receive $0.375 per share. All dividends are payable June 30, 2026 to shareholders of record on June 15, 2026.
National Storage Affiliates Trust (NYSE: NSA) reported Q1 2026 results: net income of $27.7M (+41.8% YoY) and reported diluted EPS of $0.16. Core FFO was $76.8M or $0.57 per share (+5.6% per share YoY). Same-store NOI rose 2.0% and occupancy was 84.5% at March 31, 2026. NSA acquired one property for ~$10.4M, sold three properties for ~$20.6M, and announced a definitive merger agreement to be acquired by Public Storage in an all-stock transaction valuing NSA at ~$10.5B, expected to close in Q3 2026, subject to customary approvals.
Public Storage (NYSE: PSA) reported Q1 2026 results and reaffirmed 2026 guidance. Q1 net income per share was $2.71 vs $2.04 a year ago (+32.8%), and Core FFO per share was $4.22 vs $4.12 (+2.4%).
Key items: pending all-stock acquisition of National Storage Affiliates (enterprise value ~$10.5 billion), expected Core FFO accretion of $0.35–$0.50, development pipeline of 3.5M rentable sqft (~$618.4M cost), total indebtedness $10.1B, and ~$1.9B liquidity.
National Storage Affiliates Trust (NYSE: NSA) will release its first quarter 2026 financial results for the three months ended March 31, 2026, after market close on Tuesday, May 5, 2026. The company said it will not host a conference call; supplemental materials will be posted to its investor relations website.
Public Storage (NYSE:PSA) will acquire National Storage Affiliates (NYSE:NSA) in an all-stock deal valuing NSA at an enterprise value of approximately $10.5 billion. The exchange ratio is 0.14 PSA shares per NSA share (implied $41.68 per NSA share). PSA will wholly-own 488 NSA properties and form a 313-property joint venture (estimated value ~$3.3 billion) with NSA OP unitholders holding ~80%. Transaction expected to close in Q3 2026, funded with committed financing of $4.0 billion. Expected synergies of $110–$130 million and FFO per-share accretion of $0.35–$0.50 at full realization.
National Storage Affiliates Trust (NYSE: NSA) reported Q4 2025 net income of $36.8M (+40.8% YoY) and Core FFO of $77.4M ($0.57/share, -5.0% per share YoY). Full‑year 2025 net income was $116.3M (-36.6% YoY) and Core FFO was $301.7M ($2.23/share, -8.6% per share).
Same store NOI decreased 4.5% for 2025; period‑end occupancy was 84.0%. The company closed acquisitions and dispositions and provided 2026 Core FFO guidance of $2.13–$2.25 per share.
National Storage Affiliates Trust (NYSE: NSA) announced quarterly cash dividends for Q1 2026. The Board declared a $0.57 dividend per common share (annualized $2.28), and $0.375 per share on both its 6.000% Series A and Series B preferred shares.
Dividends are payable March 31, 2026 to shareholders of record on March 13, 2026. NSA management will also attend Citi’s 2026 Global Property CEO Conference on March 2–4, 2026.