Smartstop Self Storage REIT Inc (NYSE:SMA) Receives $36.31 Average PT from Analysts

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have received an average rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $36.3125.

SMA has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a report on Monday, March 23rd. Weiss Ratings raised Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Wells Fargo & Company boosted their price objective on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Raymond James Financial initiated coverage on Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price objective for the company.

Smartstop Self Storage REIT Trading Down 1.5%

NYSE SMA opened at $33.76 on Friday. Smartstop Self Storage REIT has a one year low of $29.41 and a one year high of $39.77. The company has a 50-day simple moving average of $32.09 and a 200-day simple moving average of $32.06. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33. The firm has a market capitalization of $1.87 billion, a PE ratio of 225.07 and a beta of 0.56.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The company’s quarterly revenue was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. On average, equities analysts forecast that Smartstop Self Storage REIT will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.1359 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, July 31st. Smartstop Self Storage REIT’s dividend payout ratio is presently 1,053.33%.

Institutional Trading of Smartstop Self Storage REIT

A number of large investors have recently modified their holdings of SMA. Rossby Financial LCC boosted its stake in Smartstop Self Storage REIT by 7.4% during the 4th quarter. Rossby Financial LCC now owns 7,186 shares of the healthcare company’s stock valued at $222,000 after purchasing an additional 497 shares during the period. Arax Advisory Partners increased its stake in shares of Smartstop Self Storage REIT by 80.1% in the fourth quarter. Arax Advisory Partners now owns 1,439 shares of the healthcare company’s stock valued at $45,000 after purchasing an additional 640 shares during the period. MetLife Investment Management LLC increased its stake in shares of Smartstop Self Storage REIT by 3.5% in the fourth quarter. MetLife Investment Management LLC now owns 19,944 shares of the healthcare company’s stock valued at $617,000 after purchasing an additional 671 shares during the period. Assetmark Inc. increased its stake in shares of Smartstop Self Storage REIT by 68.0% in the first quarter. Assetmark Inc. now owns 1,704 shares of the healthcare company’s stock valued at $52,000 after purchasing an additional 690 shares during the period. Finally, Strs Ohio raised its holdings in shares of Smartstop Self Storage REIT by 0.7% during the first quarter. Strs Ohio now owns 104,200 shares of the healthcare company’s stock valued at $3,155,000 after buying an additional 700 shares during the last quarter.

About Smartstop Self Storage REIT

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.