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 (NSA) provides investors and industry observers with timely updates on its self-storage REIT operations across key U.S. markets. This page aggregates official press releases, financial disclosures, and strategic announcements, offering a centralized resource for tracking the company’s portfolio growth and market initiatives.
Access curated updates on property acquisitions, operational milestones, and earnings reports. Users benefit from direct access to primary source materials, ensuring accurate tracking of NSA’s performance within the competitive self-storage sector. Content spans quarterly financial results, brand expansions under its iStorage and SecurCare platforms, and leadership updates.
Regularly updated with verified information, this page supports informed analysis of NSA’s decentralized management model and metropolitan-focused growth strategy. Bookmark this resource for efficient monitoring of the trust’s evolving position in the commercial real estate landscape.
National Storage Affiliates Trust (NSA) has priced its public offering, increasing the number of common shares from 8 million to 8.8 million at $51.25 each, totaling $451 million in gross proceeds. The offering includes a 30-day underwriter option for an additional 1.32 million shares. Closing is expected by July 23, 2021. Funds will be used to repay revolving credit lines and for future self-storage property acquisitions. Morgan Stanley, Citigroup, and BofA Securities are leading the offering.
National Storage Affiliates Trust (NSA) announced a public offering of 8 million common shares, with an option for underwriters to purchase an additional 1.2 million shares. The net proceeds will fund property acquisitions and general corporate purposes. NSA may also use the funds for working capital and repaying borrowings under its revolving line of credit. Morgan Stanley, Citigroup, and BofA Securities will manage the offering, which is part of an effective shelf registration statement with the SEC.
National Storage Affiliates Trust (NSA) announced it will release financial results for the quarter ending June 30, 2021, after market close on August 3, 2021. A conference call to discuss these results, market conditions, and outlook will be held on August 4, 2021, at 1:00 p.m. ET. Interested parties can access the call via a webcast linked on the company's website. NSA operates 844 self-storage properties across 36 states and Puerto Rico, making it one of the largest companies in the self-storage sector.
National Storage Affiliates Trust (NSA) announced a regular cash dividend of $0.38 per common share for Q2 2021, marking a $0.03 increase from the previous quarter and a 15.2% year-over-year growth from Q2 2020. The annualized dividend rate now stands at $1.52. Additionally, a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares was declared. The dividends are payable on June 30, 2021, to shareholders on record by June 15, 2021.
National Storage Affiliates Trust (NSA) announced its inclusion in the S&P MidCap 400 Index, effective May 14, 2021. This upgrade from the SmallCap 600 Index highlights the company’s significant growth in recent years. CEO Tamara Fischer expressed enthusiasm for the recognition and reaffirmed the company’s commitment to delivering robust growth for stakeholders. As of March 31, 2021, NSA owned and operated 844 self-storage properties across 36 states and Puerto Rico, totaling approximately 53.5 million rentable square feet.
National Storage Affiliates Trust (NSA) reported a strong first quarter 2021, showing a 75.3% increase in net income to $27.6 million compared to Q1 2020. Diluted earnings per share rose to $0.19, and Core Funds from Operations (FFO) increased 22.5% per share, reaching $51.2 million. Same store net operating income (NOI) grew by 11.5%, aided by an 8.1% rise in revenues. The company also successfully completed acquisitions totaling $166 million and settled a public offering with net proceeds of $97.3 million. NSA raised its 2021 guidance due to ongoing positive trends.
National Storage Affiliates Trust (NSA) will release its financial results for Q1 2021 on May 4, 2021, after market close. A conference call is scheduled for May 5, 2021, at 1:00 p.m. ET to discuss these results, current market conditions, and future outlook. The call will be accessible via webcast on NSA’s website. The company is also set to participate in Nareit’s REITweek 2021 Virtual Investor Conference from June 8-10, 2021. NSA operates 821 self-storage properties across 36 states, making it a significant player in the self-storage sector.
National Storage Affiliates Trust (NSA) has expanded its Board of Trustees by adding Charles Wu, effective February 25, 2021, increasing the total to eleven members. Paul Hylbert, Lead Independent Trustee, emphasized Wu's extensive real estate investment experience as a valuable addition that will enhance NSA's strategic direction and diversity. Wu, a Senior Lecturer at Harvard Business School and co-founder of multiple private equity firms, brings significant expertise to the board. NSA is focused on self-storage properties across the U.S., operating 821 locations with over 52 million rentable square feet.
National Storage Affiliates Trust (NSA) announced the declaration of cash dividends for Q1 2021. Shareholders of record on March 15, 2021, will receive a dividend of $0.35 per common share, amounting to an annualized rate of $1.40. Additionally, a dividend of $0.375 per share will be paid on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares. NSA will participate in Citi’s 2021 Virtual Global Property CEO Conference from March 8-11, 2021.
National Storage Affiliates Trust (NSA) reported strong financial results for Q4 and full year 2020. Q4 net income rose to $24.5 million, a 30.2% increase from 2019, with diluted EPS at $0.18. For the year, net income reached $79.5 million, up 20.4%, with Core FFO of $169.3 million. Same store NOI grew 6.1% in Q4, driven by a 4.8% revenue increase. The company acquired 33 properties for $260.5 million in Q4 2020, enhancing its portfolio substantially. NSA's board increased the quarterly dividend to $0.35, reflecting confidence in its ongoing performance.
