The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

NSA

Concerning the House

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of March 31, 2026, the Company held ownership interests in and operated 1,061 self storage properties, located in 37 states and Puerto Rico with approximately 69.3 million rentable square feet, excluding three properties classified as held for sale, that were sold to a third party in April 2026. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.

United States · www.nationalstorageaffiliates.com

The Long Run

FY 2015–2025 · 11 years

LineLatestCAGRTrend
Revenue$752.93M+37.8%
Operating income$19.33M+73.7%
Net income$156.67M+40.4%
Cash from ops$441.58M+24.0%
Quotation

$44.50

+0.83 (+1.9%)

52w hi$44.50
52w lo$27.02
Vol0
As ofJul 21
The Verdict

Hold

Our score -0.12

Short-0.04
Medium-0.18
Long-0.18

computed 2026-08-13

By the Numbers

National Storage Affiliates Trust

Real Estate · REIT - Industrial

Market cap$6.39B
Enterprise value$6.06B
Trailing P/E57.88x
Forward P/E116.19x
EV / EBITDA13.06x
P / S (ttm)8.53x
Profit margin10.5%
Return on equity7.9%
Revenue growth+18.0%
Earnings growth+236.6%
Debt / equity127.05
Risk Metrics
Beta vs SPX0.62
Corr SPX0.29
Annual vol34.5%
Annual ret+15.6%
Sharpe0.45
Max DD-44.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.18
Sector+0.04
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Jul 210
Jul 17$45.56$46.07$44.40$44.502.73M
May 8$43.74$43.90$43.40$43.67726.80K
May 7$43.19$43.42$42.71$43.33872.30K
May 6$41.84$43.75$41.84$43.361.28M