Smartstop Self Storage REIT (NYSE:SMA) Sets New 12-Month Low – Time to Sell?

Smartstop Self Storage REIT Inc (NYSE:SMA) shares hit a new 52-week low on Friday . The company traded as low as $29.42 and last traded at $29.6010, with a volume of 125483 shares changing hands. The stock had previously closed at $30.76.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SMA. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Robert W. Baird decreased their price objective on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Truist Financial cut their target price on Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Tuesday, January 20th. Wall Street Zen upgraded Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings upgraded Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $36.94.

Smartstop Self Storage REIT Stock Down 3.0%

The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.87. The stock has a market capitalization of $1.65 billion and a P/E ratio of 198.71. The firm has a 50-day simple moving average of $31.67 and a 200 day simple moving average of $32.33.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The company had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. On average, equities research analysts forecast that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.1359 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date is Friday, May 29th. Smartstop Self Storage REIT’s dividend payout ratio is 1,086.67%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Several large investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV acquired a new stake in Smartstop Self Storage REIT in the fourth quarter valued at approximately $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Smartstop Self Storage REIT in the third quarter valued at approximately $26,000. Beacon Capital Management Inc. acquired a new stake in Smartstop Self Storage REIT in the fourth quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Smartstop Self Storage REIT in the fourth quarter valued at approximately $27,000. Finally, Assetmark Inc. bought a new position in shares of Smartstop Self Storage REIT in the fourth quarter valued at approximately $31,000.

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.