National Storage Affiliates Tru (NSA) Stock Analysis
Range Bound setup
Real Estate · REIT - Industrial
Sell if holding. Analyst target reached at $42.24 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: self storage properties.
National Storage Affiliates Trust is a self-storage REIT holding 1,063 properties in 37 states and Puerto Rico, comprising approximately 69.4 million rentable square feet in ~548,000 storage units as of December 31, 2025. Revenue comes from rental income across markets led by... Read more
Sell if holding. Analyst target reached at $42.24 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: self storage properties. Chart setup: RSI 56 mid-range, Bollinger mid-band. Score 5.7/10, moderate confidence.
Passes 4/7 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHPropertyself storage properties10-K Item 1A: 'our property portfolio consists solely of self storage properties and is therefore subject to risks inherent in investments in a single industry'
- LOWGeographicTexas19%10-K Item 1A: 'our markets in Texas, California, Florida, Oregon, and Georgia, which accounted for approximately 19%, 14%, 11%, 9%, and 5%, respectively, of our total rental and other property-related revenues for the year ended December 31, 2025'
- LOWGeographicCalifornia14%10-K Item 1A: 'our markets in Texas, California, Florida, Oregon, and Georgia, which accounted for approximately 19%, 14%, 11%, 9%, and 5%, respectively, of our total rental and other property-related revenues for the year ended December 31, 2025'
Material Events(8-K, last 90d)
- 2026-03-17Item 1.01HIGHNSA entered Agreement and Plan of Merger with Public Storage on March 16, 2026; NSA will merge into a wholly owned Public Storage subsidiary. Each NSA share converted to merger consideration. Change of control transaction pending regulatory approvals and closing.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $42.24 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: self storage properties. Chart setup: RSI 56 mid-range, Bollinger mid-band. Prior stop was $40.01. Score 5.7/10, moderate confidence.
Take-profit target: $43.14 (+2.3% upside). Prior stop was $40.01. Stop-loss: $40.01.
Concentration risk — Property Type: self storage properties; Analyst target reached - limited upside remaining; Near 52-week high (4.1% away).
National Storage Affiliates Tru trades at a P/E of 60.1 (forward 110.0). TrendMatrix value score: 3.8/10. Verdict: Sell.
17 analysts cover NSA with a consensus score of 3.4/5. Average price target: $39.
What does National Storage Affiliates Tru do?National Storage Affiliates Trust is a self-storage REIT holding 1,063 properties in 37 states and Puerto Rico,...
National Storage Affiliates Trust is a self-storage REIT holding 1,063 properties in 37 states and Puerto Rico, comprising approximately 69.4 million rentable square feet in ~548,000 storage units as of December 31, 2025. Revenue comes from rental income across markets led by Texas (19%), California (14%), and Florida (11%) of total rental revenues.