Smartstop Self Storage REIT (NYSE:SMA) Issues Quarterly Earnings Results, Misses Expectations By $0.29 EPS

Smartstop Self Storage REIT (NYSE:SMA) posted its earnings results on Wednesday. The healthcare company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.29), FiscalAI reports. Smartstop Self Storage REIT had a return on equity of 2.32% and a net margin of 9.68%.The business had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT updated its FY 2026 guidance to 1.980-2.040 EPS.

Smartstop Self Storage REIT Stock Down 0.2%

NYSE:SMA traded down $0.06 on Friday, hitting $34.40. 402,701 shares of the company’s stock were exchanged, compared to its average volume of 798,002. The firm has a 50-day moving average price of $32.99 and a 200-day moving average price of $32.29. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. Smartstop Self Storage REIT has a 52 week low of $29.41 and a 52 week high of $39.77. The company has a market cap of $1.90 billion, a P/E ratio of 67.44 and a beta of 0.50.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.1359 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Monday, August 31st. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is presently 1,086.67%.

Institutional Trading of Smartstop Self Storage REIT

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV bought a new position in Smartstop Self Storage REIT in the fourth quarter valued at approximately $25,000. Beacon Capital Management Inc. acquired a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $27,000. Raymond James Financial Inc. bought a new position in shares of Smartstop Self Storage REIT in the second quarter valued at $35,000. Finally, Anchor Investment Management LLC acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $31,000.

Analyst Ratings Changes

A number of research firms have issued reports on SMA. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Wells Fargo & Company reaffirmed a “neutral” rating on shares of Smartstop Self Storage REIT in a research report on Friday, July 24th. Raymond James Financial assumed coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price objective for the company. Finally, Weiss Ratings raised Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Smartstop Self Storage REIT currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.44.

Smartstop Self Storage REIT Company Profile

Symmetry Medical Inc (Symmetry) is a medical device solutions company, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry, and other medical device markets (including but not limited to arthroscopy, dental, laparoscopy, osteobiologic, and endoscopy segments). It also manufactures specialized non-healthcare products, primarily in the aerospace industry.