Media headlines about National Storage Affiliates Trust (NYSE:NSA) have been trending positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Storage Affiliates Trust earned a news impact score of 0.31 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 47.2328822063361 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- National Storage Affiliates Trust to Post FY2018 Earnings of $1.35 Per Share, FBR & Co Forecasts (NSA) (americanbankingnews.com)
- National Storage Affiliates Trust (NSA) PT Set at $23.00 by FBR & Co (americanbankingnews.com)
- BRIEF-National Storage Affiliates Trust announces pricing of public offering of $150 mln of 6 pct series A cumulative redeemable preferred shares (reuters.com)
- NATIONAL STORAGE AFFILIATES TRUS (NYSE:NSA) (ih.advfn.com)
- Take A Chance On National Storage Affiliates (seekingalpha.com)
NSA has been the topic of several research analyst reports. BidaskClub lowered National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 11th. Jefferies Group LLC reduced their price objective on National Storage Affiliates Trust from $28.00 to $27.00 and set a “buy” rating on the stock in a research report on Friday, August 18th. FBR & Co set a $23.00 price objective on National Storage Affiliates Trust and gave the stock a “hold” rating in a research report on Wednesday, October 4th. Zacks Investment Research downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp restated a “hold” rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $24.75.
Shares of National Storage Affiliates Trust (NSA) opened at 24.49 on Thursday. The stock has a market capitalization of $1.08 billion, a P/E ratio of 93.83 and a beta of 0.79. The stock has a 50 day moving average price of $24.02 and a 200 day moving average price of $24.02. National Storage Affiliates Trust has a 12-month low of $18.91 and a 12-month high of $26.15.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were issued a dividend of $0.26 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.25%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 800.06%.
In related news, CEO Arlen Dale Nordhagen sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $22.06, for a total transaction of $661,800.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 17.70% of the company’s stock.
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.
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