David Mueller Sells 425 Shares of Smartstop Self Storage REIT (NYSE:SMA) Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $29.67, for a total transaction of $12,609.75. Following the transaction, the director owned 5,915 shares of the company’s stock, valued at $175,498.05. The trade was a 6.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Stock Performance

Shares of SMA opened at $30.78 on Thursday. Smartstop Self Storage REIT Inc has a 12 month low of $29.41 and a 12 month high of $39.77. The firm has a fifty day simple moving average of $31.47 and a 200 day simple moving average of $32.13. The stock has a market capitalization of $1.70 billion and a price-to-earnings ratio of 205.21. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last announced its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The business had revenue of $78.31 million during the quarter, compared to analysts’ expectations of $72.56 million. The business’s revenue 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. Research analysts forecast that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The company 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 $0.1359 dividend. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. Smartstop Self Storage REIT’s payout ratio is 1,053.33%.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Hedge funds have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. bought a new position in Smartstop Self Storage REIT during the third quarter worth about $26,000. Creative Financial Designs Inc. ADV bought a new position in Smartstop Self Storage REIT in the 4th quarter valued at about $25,000. Beacon Capital Management Inc. bought a new position in Smartstop Self Storage REIT in the 4th quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. bought a new position in Smartstop Self Storage REIT in the 4th quarter valued at about $27,000. Finally, Raymond James Financial Inc. bought a new position in Smartstop Self Storage REIT in the 2nd quarter valued at about $35,000.

Analysts Set New Price Targets

SMA has been the subject of a number of analyst reports. Robert W. Baird decreased their price objective on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Stifel Nicolaus decreased their price objective on shares of Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a research report on Thursday, February 26th. 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. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, Wells Fargo & Company cut their target price on shares of Smartstop Self Storage REIT from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.94.

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.