National Storage Affiliates Trust (NSA) Prices Upsized 8.8M Share Offering at $51.25/sh

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After-Hours Stock Movers 07/20: (LE) (SDX) (XM) Higher; (SNBR) (FOUR) (SMSI) Lower (more...)

July 20, 2021 5:54 PM EDT

After-Hours Movers

Sleep Number Corporation (NASDAQ: SNBR) 10.2% LOWER; reported Q2 EPS of $0.88, $0.19 worse than the analyst estimate of $1.07. Revenue for the quarter came in at $484.3 million versus the consensus estimate of $503.85 million. Sleep Number Corporation sees FY2021 EPS of $7.25.

Shift4 Payments, Inc, (NYSE: FOUR) 6.2% LOWER; announced that it intends to offer 1,791,818 shares of its Class A common stock for sale in an underwritten public offering (the Primary Offering). Certain entities associated with Searchlight Capital... More

National Storage Affiliates Trust (NSA) Announces 8M Share Offering

July 20, 2021 4:05 PM EDT

National Storage Affiliates Trust (the Company) (NYSE: NSA) today announced that it has commenced an underwritten public offering of 8,000,000 common shares of beneficial interest of the Company. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 common shares at the public offering price, less underwriting discounts.

The Company intends to contribute the net proceeds of this offering to its operating partnership, which it expects will subsequently use all or a portion of the net proceeds to fund property acquisitions... More

National Storage Affiliates Trust (NSA) PT Raised to $49 at Morgan Stanley

July 20, 2021 6:30 AM EDT

Morgan Stanley analyst Ronald Kamdem raised the price target on National Storage Affiliates Trust (NYSE: NSA) to $49.00 (from $46.00) while maintaining a Equalweight rating.... More