National Storage Affiliates Trust (NSA)
NYSEReal EstateReit - IndustrialSnapshot 2026-11-05
$43.410.00%
Close 2026-07-22 · 1-day change
NYSEReal EstateReit - IndustrialSnapshot 2026-11-05
QuarterlyIQ Insights · NSA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 22.5% |
| Our one-year growth estimate | diamond | 2.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 20.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 13 industry peers · Company calendar date is not available
NSA — legal / regulatory event — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar…
Dated 2026-07-22
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. The information set forth in the Introductory Note and under
Why it matters: NSA tied this one-time cash payment to the merger close. A delay past July 22 changes its payment timing.
Watch forA company filing confirms the merger closed and the $0.0336 per-share payment was made.
Also watch forThe merger closing moves past July 22, or the merger agreement ends before payment.
Why it matters: The merger sets NSA shareholders' next steps. Each NSA share converts to 0.14 Public Storage share.
Watch forA company filing confirms the merger closed. Each NSA share became 0.14 Public Storage share.
Also watch forA filing says the merger was delayed, ended, or failed to meet a closing condition.
Why it matters: Same-store revenue grew just 0.2% in Q1. The sector input flags faster revenue growth as a sign of a possible shift.
Watch forA future report shows same-store revenue growth above 0.2% year over year.
Also watch forA future report shows same-store revenue growth at 0.2% or less, or a decline.
Why it matters: Same-store NOI rose 2.0% in Q1, after falling 0.7% in Q4 2025. A return to declines would reverse that improvement.
Watch forA future same-store report shows NOI growth above 0% year over year.
Also watch forA future same-store report shows NOI below the same quarter last year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$110 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $246 loss on $10,000 · 2.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,364 loss on $10,000 · 13.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.