NSA
National Storage Affiliates TrustBNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-06-02
Current thesis
Primary filings and the Q1 earnings release support a monitoring-positive view: operating metrics improved modestly, merger close is targeted for Q3 2026, and NSA traded around implied deal value by May 8, 2026. Trusted market coverage also indicated Q1 revenue was above consensus, though post-print sell-side revision visibility remained limited.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta -0.1.
What can break
Because the stock is effectively trading as a merger spread, any weakness in PSA shares or any perception of closing risk could pressure NSA even if standalone quarterly operations remain stable.
Momentum
72
Value
62
Sentiment
46
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $43.60 · Bull $45.50 · Bear $38.50
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $33.19
Why
Momentum72 · Δ7d -0.1
Value62 · Δ7d +2.1
Sentiment46 · Δ7d +6.5
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
72
34% active weight
Current posture
7d trendImproving
Δ7d
-0.1
Δ21d
-6.9
Value
62
32% active weight
Current posture
7d trendImproving
Δ7d
+2.1
Δ21d
-
Sentiment
46
33% active weight
Current posture
7d trendImproving
Δ7d
+6.5
Δ21d
+13.2
Why this grade
Composite grade B. Momentum 72.0 / Value 62.1 / Sentiment 45.9
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$5.56B
Beta
1.21
Shares Out
76.96M
P/E (TTM)
45.1
P/S (TTM)
2.83
P/FCF (TTM)
37.39
Rev YoY
-2.5%
EPS YoY
-3.3%
Gross Margin
-
Op Margin
+36.1%
Net Debt
$3.4B
Current Ratio
-
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology