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National Storage REIT ( (AU:NSR) ) just unveiled an update.
National Storage REIT reported a 10.8% rise in revenue to $211.1 million for the half year to 31 December 2025, while net profit after tax attributable to members fell 16.2% to $73.7 million as non-cash fair value and other adjustments weighed on statutory earnings. Underlying earnings, the group’s preferred measure of recurring performance, rose 8.2% to $84.3 million, underlining resilient operational momentum despite headline profit pressure.
The board approved a fully franked interim dividend of 6.0 cents per stapled security, up from 5.5 cents in the prior corresponding period, signalling confidence in cash flow and distributable earnings. Net tangible assets per security increased to $2.61 from $2.53 a year earlier, reinforcing balance sheet strength for investors in the self-storage REIT as it navigates market conditions and continues to invest in its portfolio.
The most recent analyst rating on (AU:NSR) stock is a Hold with a A$2.63 price target. To see the full list of analyst forecasts on National Storage REIT stock, see the AU:NSR Stock Forecast page.
More about National Storage REIT
National Storage REIT is an Australian-listed real estate investment trust that owns and operates self-storage assets through National Storage Holdings Limited and National Storage Property Trust. The group focuses on generating recurring income from storage facilities across Australia, reporting under Australian Accounting Standards and listed jointly on the ASX.
Average Trading Volume: 13,568,137
Technical Sentiment Signal: Buy
Current Market Cap: A$3.86B
See more insights into NSR stock on TipRanks’ Stock Analysis page.

