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Stock impact report

National Storage Affiliates Trust Q4 Earnings Call Highlights [Yahoo! Finance]

National Storage Affiliates Trust Common Shares of Beneficial Interest (NSA) 
Last national storage affiliates trust common shares of beneficial interest earnings: 2/24 05:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.nationalstorageaffiliates.com
Company Research Source: Yahoo! Finance
sequentially to a 0.7% decline in Q4 (vs. -2.6% in Q3), occupancy is stabilizing with January up year-over-year, and management expects same-store revenue to trend positive into 2026. FFO and 2026 guidance show modest near-term headwinds — Core FFO came in at the high end ($0.57 Q4; $2.23 FY), yet 2026 guidance calls for Core FFO of $2.19 (down ~$0.04) driven by higher G&A and refinancing/insurance impacts, with flat same-store NOI at the midpoint. Balance sheet and liquidity are manageable but see refinancing risk — net debt/EBITDA was 6.6x, NSA faces $375M of maturities in 2026 (likely refinanced at mid-to-high 4% rates), has roughly $550M of available liquidity, and plans opportunistic $50M–$150M acquisitions and dispositions while expecting dividend coverage to improve late in the year. Interested in National Storage Affiliates Trust? Here are five stocks we like better. National Storage Affiliates Trust (NYSE:NSA) executives said fourth-quarter results and early 2026 oper Show less Read more
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