Self-Storage REITs Analyst Is Bullish On Extra Space Storage, But No Longer Bullish On This Stock
Self-Storage REITs Analyst Is Bullish On Extra Space Storage, But No Longer Bullish On This Stock
Self-storage real estate investment trusts (REITs), which generate income by leasing storage units to tenants, have become popular among investors seeking stable and consistent returns.
通过向租户租赁存储单元来创收的自助存储房地产投资信托基金（REIT）在寻求稳定和持续回报的投资者中越来越受欢迎。
The SSA (Self-Storage Association) Fall Conference indicated that market participants believe the operating environment "may be bottoming" and capital market headwinds could "soon subside," according to KeyBanc Capital Markets.
根据KeyBanc资本市场的数据，SSA（自助存储协会）秋季会议表示，市场参与者认为运营环境 “可能正在触底”，资本市场的不利因素可能 “很快消退”。
The Specialized REITs Analyst: Todd Thomas downgraded the ratings for National Storage Affiliates Trust (NYSE:NSA) from Overweight to Sector Weight.
专业房地产投资信托基金分析师：托德·托马斯将国家存储关联公司信托基金（纽约证券交易所代码：NSA）的评级从增持下调至行业权重。
Thomas also reiterated an Overweight rating on Extra Space Storage Inc (NYSE:EXR), while raising the price target to $178.
托马斯还重申了对Extra Space Storage Inc（纽约证券交易所代码：EXR）的增持评级，同时将目标股价上调至178美元。
The Specialized REITs Thesis: While demand remains under pressure, move-in rents are lower than last year, and "aggressive ECRI strategies continue to create anxiety across the industry," Thomas said in the note.
专业房地产投资信托基金论点：托马斯在报告中说，尽管需求仍然面临压力，但入住租金低于去年，而且 “激进的ECRI策略继续在整个行业造成焦虑。”
Check out other analyst stock ratings.
查看其他分析师股票评级。
Thomas stated that he expects National Storage Affiliates Trust's portfolio to "continue to lag vs. peers as the demand environment remains weaker than we thought it would at this point in the year," he added.
托马斯表示，他预计国家存储附属信托基金的投资组合将 “继续落后于同行，因为需求环境仍然低于我们在今年这个时候的预期，” 他补充说。
"We expect the REITs to continue to outperform within the industry as they are relatively well-capitalized and have significant scale and platform advantages," the analyst wrote. They also "stand to benefit from ongoing consolidation," Thomas stated.
该分析师写道：“我们预计房地产投资信托基金将继续在行业内跑赢大盘，因为它们的资本相对充足，具有显著的规模和平台优势。”托马斯说，他们还 “将从持续的整合中受益”。
"The biggest news out of the conference was that EXR plans to collapse the Life Storage brand after 11 months of testing, and there are several small and midsize portfolios hitting the market which could lead to an increase in acquisition activity in the months ahead," he further wrote.
他进一步写道：“会议的最大新闻是，经过11个月的测试，EXR计划关闭Life Storage品牌，并且有几个中小型投资组合上市，这可能会导致未来几个月的收购活动增加。”
Price action at the time of publication:
发布时的价格走势：
- Nucor's shares were trading flat at $46.47
- Shares of Extra Space Storage had risen by 1.56% to $176.29
- 纽柯股价持平至46.47美元
- Extra Space Storage的股价上涨了1.56％，至176.29美元
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图片：Shutterstock