Smartstop Self Storage REIT Inc (SMA) – What Are Researchers Saying About This Stock?

Smartstop Self Storage REIT Inc (NYSE:SMA) has received a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $36.42.

SMA has been the subject of a number of recent analyst reports. Truist Financial reaffirmed a “hold” rating and set a $33.00 price target (down from $36.00) on shares of Smartstop Self Storage REIT in a report on Thursday, October 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Smartstop Self Storage REIT in a report on Wednesday, October 14th. JPMorgan Chase & Co. upped their price objective on shares of Smartstop Self Storage REIT from $33.00 to $34.00 and gave the company an “underweight” rating in a research report on Monday, September 21st. Wells Fargo & Company upped their price objective on shares of Smartstop Self Storage REIT from $33.00 to $35.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 1st. Finally, BMO Capital Markets downgraded Smartstop Self Storage REIT from an “outperform” rating to a “market perform” rating and set a $38.00 target price for the company. in a research note on Thursday, August 27th.

Smartstop Self Storage REIT Stock Down 0.0%

Shares of NYSE:SMA opened at $35.63 on Monday. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 69.86 and a beta of 0.48. The company has a 50 day moving average of $33.02 and a two-hundred day moving average of $32.69. Smartstop Self Storage REIT has a 52-week low of $29.41 and a 52-week high of $38.69. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.89.

Smartstop Self Storage REIT (NYSE:SMA) last posted its earnings results on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%. The firm had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. As a group, analysts forecast that Smartstop Self Storage REIT will post 2.02 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $0.1359 dividend. This represents a $1.63 annualized dividend and a dividend yield of 4.6%. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.1315. The ex-dividend date is Friday, October 30th. Smartstop Self Storage REIT’s payout ratio is presently 309.80%.

Insider Buying and Selling

In related news, General Counsel Nicholas Look sold 1,025 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $34.36, for a total value of $35,219.00. Following the completion of the transaction, the general counsel owned 588 shares of the company’s stock, valued at approximately $20,203.68. This represents a 63.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 2,300 shares of company stock valued at $77,604 over the last ninety days. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On Smartstop Self Storage REIT

A number of hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. raised its position in shares of Smartstop Self Storage REIT by 25.6% in the 1st quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock valued at $78,611,000 after purchasing an additional 528,974 shares in the last quarter. Irenic Capital Management LP acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter worth approximately $28,490,000. Conversant Capital LLC acquired a new stake in shares of Smartstop Self Storage REIT during the first quarter worth approximately $25,972,000. Independent Financial Group LLC bought a new stake in shares of Smartstop Self Storage REIT in the first quarter worth $10,689,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Smartstop Self Storage REIT by 33.6% in the first quarter. Bank of New York Mellon Corp now owns 231,115 shares of the healthcare company’s stock worth $6,998,000 after buying an additional 58,169 shares during the last quarter.

Smartstop Self Storage REIT Company Profile

SmartStop Self Storage REIT, Inc (NYSE: SMA) is a self-managed real estate investment trust focused on owning, operating and acquiring self-storage properties. Its facilities provide individuals and businesses with storage units in a range of sizes, along with related services such as online reservations, electronic access and tenant protection offerings.

The company serves customers primarily in the United States and also has exposure to the Canadian self-storage market. Its portfolio includes conventional self-storage facilities and properties offering vehicle, commercial and other specialized storage options.