Smartstop Self Storage REIT Inc (NYSE:SMA) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have received a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $36.8611.

Several research analysts have recently weighed in on SMA shares. National Bank Financial boosted their price target on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the company an “outperform” rating in a research report on Tuesday, August 18th. BMO Capital Markets lowered shares of Smartstop Self Storage REIT from an “outperform” rating to a “market perform” rating and set a $38.00 target price on the stock. in a report on Thursday, August 27th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a research report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price target on the stock. Finally, Wells Fargo & Company raised their target price on Smartstop Self Storage REIT from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Tuesday.

Insider Transactions at Smartstop Self Storage REIT

In other Smartstop Self Storage REIT news, General Counsel Nicholas Look sold 1,025 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $34.36, for a total value of $35,219.00. Following the transaction, the general counsel owned 588 shares of the company’s stock, valued at $20,203.68. This represents a 63.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 1,875 shares of company stock valued at $63,328. 5.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Smartstop Self Storage REIT

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new position in shares of Smartstop Self Storage REIT during the 2nd quarter worth approximately $3,155,000. New York State Common Retirement Fund acquired a new position in Smartstop Self Storage REIT during the second quarter worth $326,000. Quantbot Technologies LP purchased a new position in shares of Smartstop Self Storage REIT during the second quarter worth $377,000. Invesco Ltd. acquired a new stake in shares of Smartstop Self Storage REIT in the second quarter valued at $602,000. Finally, Marshall Wace LLP acquired a new stake in shares of Smartstop Self Storage REIT in the second quarter valued at $830,000.

Smartstop Self Storage REIT Price Performance

Shares of NYSE SMA opened at $32.61 on Friday. The firm has a 50-day simple moving average of $33.70 and a 200-day simple moving average of $32.52. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 63.94 and a beta of 0.49. Smartstop Self Storage REIT has a 52 week low of $29.41 and a 52 week high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates 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. On average, equities analysts predict that Smartstop Self Storage REIT will post 2 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.1315 per share. 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’s dividend payout ratio (DPR) is presently 307.84%.

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.