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NSA Price Correlated With Financials For National Storage Affiliates Trust

Free historical financial statements for National Storage Affiliates Trust. See how revenue, income, cash flow, and balance sheet financials have changed over 30 quarters since 2015. Compare with NSA stock chart to see long term trends.

NSA Stock Compared to Quarterly

NSA Income Statement

Revenue, Net:206773000
Revenue Per Share:2.2605
Cost of Goods & Services Sold:55132000
Selling, General & Admin Expense:15298000
Total Operating Expenses:136417000
Operating Income:42251000
Income Taxes:2074000
Net Income:40177000
Earnings Per Share, Basic:0.21
Shares Outstanding, Basic Avg:91471000

NSA Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:59631000
Net Cash from Operations:122900000
Net Cash from Operations Per Share:1.3436
Issuance of Long-term Debt:538000000
Cash Dividends Paid:49973000
Net Cash from Financing Activities:206991000
Net Cash from Investing Activities:-328093000
Net Change in Cash & Equivalents:1798000

NSA Balance Sheet

Cash and Cash Equivalents:37414000
Property, Plant & Equipment, Net:5623438000
Total Assets:6063738000
Total Liabilities:3626695000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Nordhagen Arlen Dale   Executive Chairman
53,000 sh at $38
$2,007,640
Buy
Cramer David   President and COO
10,000 sh at $38
$378,800
Buy
Warren J. Timothy   Director
4,680 sh at $38
$177,840
Buy
Van Mourick Mark   Director
1,280 sh at $38
$48,448
Buy
FISCHER TAMARA D   Chief Executive Officer
292 sh at $38
$11,032
Buy
Hylbert Paul William Jr   Director
1,350 sh at $38
$50,652
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
13,174,463 sh
-28,485 sh
0%
$547,795
-$113,276
Blackrock Inc.
9,854,673 sh
-572,929 sh
-5%
$409,758
-$112,352
State Street Corp
4,571,757 sh
29,592 sh
1%
$190,094
-$37,332
Wasatch Advisors Inc
2,957,170 sh
640,591 sh
28%
$122,959
$6,968
Invesco Ltd.
2,267,381 sh
-606,647 sh
-21%
$94,276
-$49,628
Thrivent Financial For Lutherans
2,039,540 sh
126,706 sh
7%
$84,804
-$10,972
Nuveen Asset Management, LLC
1,966,883 sh
27,884 sh
1%
$81,783
-$15,303
Goldman Sachs Group Inc
1,962,272 sh
1,080,163 sh
122%
$81,591
$37,423
Alliancebernstein L.P.
1,343,893 sh
26,662 sh
2%
$55,879
-$10,075
Jennison Associates LLC
1,319,805 sh
-4,751 sh
0%
$54,877
-$11,444
Geode Capital Management, LLC
1,310,427 sh
-2,752 sh
0%
$54,487
-$11,263
FMR LLC
1,303,994 sh
961,754 sh
281%
$54,220
$37,084
Macquarie Group Ltd
1,267,271 sh
-14,448 sh
-1%
$52,772
-$11,448
Dimensional Fund Advisors LP
1,206,951 sh
28,237 sh
2%
$50,182
-$8,836
Zimmer Partners, Lp
1,075,000 sh
275,000 sh
34%
$44,699
$4,643
Massachusetts Financial Services Co /Ma/
1,066,341 sh
51,116 sh
5%
$44,338
-$6,493
Charles Schwab Investment Management Inc
1,032,877 sh
-81,474 sh
-7%
$42,947
-$12,849
Millennium Management LLC
1,025,720 sh
-189,096 sh
-16%
$42,649
-$18,177
Timessquare Capital Management, LLC
1,021,910 sh
501,110 sh
96%
$42,491
$16,415
Morgan Stanley
957,957 sh
117,631 sh
14%
$39,832
-$2,243
COMPANY PROFILE
ORGANIZATION AND NATURE OF OPERATIONS National Storage Affiliates Trust was organized in the state of Maryland on May 16, 2013 and is a fully integrated, self-administered and self-managed real estate investment trust focused on the self storage sector. As used herein, "NSA," the "Company," "we," "our," and "us" refers to National Storage Affiliates Trust and its consolidated subsidiaries, except where the context indicates otherwise. The Company has elected and believes that it has qualified to be taxed as a real estate investment trust for U.S. federal income tax purposes ("REIT") commencing with its taxable year ended December 31, 2015.

Through its controlling interest as the sole general partner of NSA OP, LP (its "operating partnership"), a Delaware limited partnership formed on February 13, 2013, the Company is focused on the ownership, operation, and acquisition of self storage properties predominantly located within the top 100 MSAs in the United States. Pursuant to the Agreement of Limited Partnership (as amended, the "LP Agreement") of its operating partnership, the Company's operating partnership is authorized to issue preferred units, Class A Units ("OP units"), different series of Class B Units ("subordinated performance units"), and Long-Term Incentive Plan Units ("LTIP units"). The Company also owns certain of its self storage properties through other consolidated limited partnership subsidiaries of its operating partnership, which the Company refers to as "DownREIT partnerships." The DownREIT partnerships issue equity ownership interests that are intended to be economically equivalent to the Company's OP units ("DownREIT OP units") and subordinated performance units ("DownREIT subordinated performance units").

The Company owned 873 consolidated self storage properties in 39 states and Puerto Rico with approximately 55.1 million rentable square feet in approximately 429,000 storage units as of December 31, 2021. These properties are managed with local operational focus and expertise by the Company and its participating regional operators ("PROs"). These PROs are Kevin Howard Real Estate Inc., d/b/a Northwest Self Storage and its controlled affiliates ("Northwest"), Optivest Properties LLC and its controlled affiliates ("Optivest"), Move It Self Storage and its controlled affiliates ("Move It"), Guardian Storage Centers LLC and its controlled affiliates ("Guardian"), Southern Storage Management Systems, Inc. d/b/a Southern Self Storage ("Southern"), Blue Sky Self Storage LLC, a strategic partnership between Argus Professional Storage Management and GYS Development LLC ("Blue Sky"), affiliates of Investment Real Estate Management, LLC d/b/a Moove In Self Storage ("Moove In"), Hide-Away Storage Services, Inc. and its controlled affiliates ("Hide-Away"), Arizona Mini Storage Management Company d/b/a Storage Solutions and its controlled affiliates ("Storage Solutions"), and an affiliate of Shader Brothers Corporation d/b/a Personal Mini Storage ("Personal Mini").

During the year ended December 31, 2021, one of the Company's largest PROs, Northwest, notified the Company that Northwest had elected to retire as one of the Company's PROs effective January 1, 2022. As a result of the retirement, on January 1, 2022, management of our properties in the Northwest managed portfolio was transferred to the Company and the Northwest brand name and related intellectual property was internalized by the Company, and the Company discontinued payment of any supervisory and administrative fees or reimbursements to Northwest. In addition, on January 1, 2022, we issued a non-voluntary conversion notice to convert all of subordinated performance units related to Northwest's managed portfolio into OP units. As part of the internalization, most of Northwest's employees were offered and provided employment by the Company and continue managing Northwest's portfolio of properties as members of the Company's existing property management pla

Data imported from National Storage Affiliates Trust SEC filings. Check original filings before making any investment decision.