NSA
National Storage Affiliates Trust Real Estate - REIT - Industrial Investor Relations →
National Storage Affiliates Trust (NSA) closed at $42.49 as of 2026-05-01, trading 27.4% above its 200-week moving average of $33.35. The stock is currently moving closer to the line, down from 30.0% last week. With a 14-week RSI of 72, NSA is in overbought territory.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.17 ratio) is neutral — neither side is clearly dominating.
Over the past 527 weeks of data, NSA has crossed below its 200-week moving average 8 times. On average, these episodes lasted 16 weeks. Historically, investors who bought NSA at the start of these episodes saw an average one-year return of +15.6%.
With a market cap of $6.2 billion, NSA is a mid-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 7.1%. The stock trades at 5.4x book value.
The company has been aggressively buying back shares, reducing its share count by 14.2% over the past three years.
Over the past 10.2 years, a hypothetical investment of $100 in NSA would have grown to $326, compared to $414 for the S&P 500. NSA has returned 12.3% annualized vs 15.0% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -9.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NSA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NSA Crosses Below the Line?
Across 7 historical episodes, buying NSA when it crossed below its 200-week moving average produced an average return of +10.4% after 12 months (median -1.0%), compared to +26.7% for the S&P 500 over the same periods. 43% of those episodes were profitable after one year. After 24 months, the average return was +47.7% vs +51.5% for the index.
Each line shows $100 invested at the moment NSA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NSA has crossed below its 200-week MA 8 times with an average 1-year return of +15.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2020 | Mar 2020 | 1 | 2.5% | +69.4% | +141.6% |
| May 2020 | May 2020 | 1 | 1.9% | +84.5% | +136.6% |
| Oct 2022 | Nov 2022 | 1 | 2.4% | -14.1% | +39.2% |
| Nov 2022 | Jan 2023 | 9 | 7.0% | -10.2% | +35.4% |
| Apr 2023 | Dec 2023 | 35 | 27.6% | +0.5% | +30.8% |
| Jan 2024 | Jun 2024 | 22 | 11.5% | +0.8% | +28.2% |
| Dec 2024 | Feb 2026 | 61 | 22.5% | -22.0% | +22.7% |
| Mar 2026 | Mar 2026 | 1 | 8.8% | N/A | +39.9% |
| Average | 16 | — | +15.6% | — |
Frequently Asked Questions
Is NSA below its 200-week moving average?
No. National Storage Affiliates Trust (NSA) is currently 27.4% above its 200-week moving average of $33.35. It would need to fall to $33.35 to cross below the line.
What is NSA's 200-week moving average price?
National Storage Affiliates Trust's 200-week moving average is $33.35 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NSA drops below its 200-week moving average?
NSA has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +15.6%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is NSA a good value right now?
Here's what our data says about NSA as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 72 (overbought). Free cash flow yield is 3.5%. Return on equity is 7.1%. Price-to-book is 5.4x. This is not a buy or sell recommendation — always do your own research.
How does NSA compare to the S&P 500?
Over the past 10.2 years, $100 invested in NSA would have grown to $326, compared to $414 for the S&P 500. That's 12.3% annualized vs 15.0% for the index. NSA has underperformed the broader market over this period.
Does NSA pay a dividend?
Yes. National Storage Affiliates Trust currently pays a dividend yield of 537.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01