Smartstop Self Storage REIT Inc (NYSE:SMA) Announces $0.13 Monthly Dividend

Smartstop Self Storage REIT Inc (NYSE:SMA) announced a monthly dividend on Thursday, September 3rd. Investors of record on Wednesday, September 30th will be paid a dividend of 0.1315 per share by the healthcare company on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Wednesday, September 30th.

Smartstop Self Storage REIT Trading Down 1.1%

SMA traded down $0.35 during mid-day trading on Friday, hitting $32.75. The stock had a trading volume of 253,636 shares, compared to its average volume of 785,198. The stock’s fifty day simple moving average is $33.72 and its 200-day simple moving average is $32.52. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 64.30 and a beta of 0.49. Smartstop Self Storage REIT has a 1-year low of $29.41 and a 1-year high of $39.77. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.28 and a quick ratio of 5.28.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.29). The company had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%.Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. As a group, research analysts forecast that Smartstop Self Storage REIT will post 2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SMA has been the subject of several recent analyst reports. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. BMO Capital Markets cut Smartstop Self Storage REIT from an “outperform” rating to a “market perform” rating and set a $38.00 price target for the company. in a research note on Thursday, August 27th. Wells Fargo & Company boosted 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. Robert W. Baird upped their target price on Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Raymond James Financial began coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.86.

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.