National Storage Affiliates Reports Q4 Results

National Storage Affiliates Trust (NYSE:NSA), a real estate investment trust specializing in self-storage properties, disclosed its financial outcomes for the quarter ending December 31, 2024, today. Currently trading at $38.21, the company maintains a solid dividend yield of 5.87% and has demonstrated strong shareholder commitment with 10 consecutive years of dividend increases, according to InvestingPro data. The company’s earnings release and supplemental schedules were attached to the 8-K filing with the Securities and Exchange Commission.

In the earnings release, National Storage Affiliates Trust announced that it would conduct its fourth quarter 2024 earnings conference call on Thursday at 1:00 p.m. Eastern Time. Participants can access the call through a webcast on the company’s website or by dialing in via telephone. The replay of the webcast will be available for 30 days on the company’s website.

The information provided in the earnings release, which includes the financial results of the company, is based on the earnings release statement and supplemental schedules filed with the SEC. This announcement is a routine disclosure of quarterly financial performance by publicly traded companies.

The financial details and the company’s performance metrics for the quarter were not specified in the provided 8-K data excerpt. Typically, such details would include revenue, net income, earnings per share, and guidance for future periods. Investors and analysts often use this information to assess a company’s financial health and to make informed decisions regarding their investments.

National Storage Affiliates Trust, with its business address at 8400 E. Prentice Avenue, 9th Floor, Greenwood Village, CO 80111, operates under the real estate sector with a focus on self-storage units. The company’s common shares and Series A and B preferred shares are traded on the New York Stock Exchange under the symbols NSA, NSA Pr A, and NSA Pr B, respectively.

The 8-K filing did not disclose any forward-looking statements or projections. It is standard practice for companies to provide cautionary statements regarding forward-looking information, which are subject to risks, uncertainties, and changes in circumstances that could significantly affect future results.

For further details on the company’s financial performance and to access the earnings release and supplemental schedules, interested parties can visit National Storage Affiliates Trust’s website. The filing with the SEC ensures transparency and provides stakeholders with verifiable and official documentation of the company’s financial status as of the end of the fourth quarter of 2024. For investors seeking deeper insights, InvestingPro offers exclusive analysis tools, real-time valuations, and expert financial metrics that go beyond standard financial reports.

In other recent news, National Storage Affiliates Trust has announced several key developments. The company reported the promotion of John Esbenshade to Chief Accounting Officer, effective January 1, 2025. Esbenshade, who joined the company in 2019, has been recognized for his significant contributions to the accounting team, including his role in the internalization of the firm’s Participating Regional Operator structure. Additionally, National Storage Affiliates Trust disclosed that board member Rebecca L. Steinfort will not seek re-election at the upcoming annual shareholders’ meeting, reducing the board’s size from twelve to eleven members.

The company also awarded special long-term incentive plan units to several executives, including President and CEO David Cramer and CFO Tamara Fischer, in recognition of their contributions to the internalization process. These grants are part of a broader strategy to align executive interests with those of shareholders, featuring both time-based and performance-based vesting conditions. The company clarified that Steinfort’s departure from the board is not due to any disagreements with the company’s operations. Furthermore, National Storage Affiliates Trust is set to participate in KeyBanc’s Self Storage Investment Forum and Citi’s 2025 Global Property CEO Conference in early 2025.

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