National Storage Affiliates(US:NSA)2022-11-21 14:51Company Overview - As of September 30, 2022, National Storage Affiliates (NSA) had a total enterprise value of $9.9 billion[16] - NSA's property portfolio consisted of 1,100 properties[17] - The company achieved a total shareholder return of 337% since its IPO in April 2015[15] - In Q3 2022, NSA's wholly-owned acquisitions amounted to $322 million[17] - The dividend rate increased by 34% year-over-year in Q3 2022[18] - Same-store average occupancy was 94.1% in Q3 2022[19] Financial Performance - Same-store NOI growth was 12.1% year-over-year in Q3 2022[19] - Core FFO per share growth was 26.3% year-over-year in Q3 2022[19] - Same-store revenue growth was 10.7% year-over-year in Q3 2022[19] Capital Structure - Total principal debt outstanding was $3.5 billion[65] - The weighted average maturity of the debt was 5.4 years[65] - The effective interest rate on the debt was 3.6%[65] - Equity represents 59% of the total enterprise value[61]