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 company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $32.05, for a total value of $13,621.25. Following the transaction, the director owned 4,215 shares of the company’s stock, valued at approximately $135,090.75. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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

SMA stock opened at $32.55 on Friday. Smartstop Self Storage REIT Inc has a 1 year low of $29.41 and a 1 year high of $38.69. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 63.83 and a beta of 0.49. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.28 and a current ratio of 5.28. The stock’s fifty day moving average is $33.57 and its two-hundred day moving average is $32.43.

Smartstop Self Storage REIT (NYSE:SMA) last released its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). The firm had revenue of $79.28 million during 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, research analysts predict that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued 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 payout ratio is 319.61%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SMA. BMO Capital Markets downgraded 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 research note on Thursday, August 27th. Robert W. Baird increased their price target on Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Wells Fargo & Company lifted 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 note on Tuesday, September 1st. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, National Bank Financial raised their target price on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the company an “outperform” rating in a research note on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.86.

Institutional Trading of Smartstop Self Storage REIT

Several institutional investors have recently modified their holdings of SMA. Engineers Gate Manager LP grew its stake in shares of Smartstop Self Storage REIT by 23.9% in the 2nd quarter. Engineers Gate Manager LP now owns 29,430 shares of the healthcare company’s stock worth $956,000 after purchasing an additional 5,680 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Smartstop Self Storage REIT in the second quarter worth approximately $82,000. Squarepoint Ops LLC bought a new position in shares of Smartstop Self Storage REIT in the second quarter valued at $550,000. Allworth Financial LP lifted its position in shares of Smartstop Self Storage REIT by 61.4% during the 2nd quarter. Allworth Financial LP now owns 1,788 shares of the healthcare company’s stock valued at $58,000 after acquiring an additional 680 shares during the last quarter. Finally, Corient Private Wealth LP boosted its stake in shares of Smartstop Self Storage REIT by 16.1% during the 2nd quarter. Corient Private Wealth LP now owns 8,106 shares of the healthcare company’s stock worth $263,000 after acquiring an additional 1,125 shares in the last quarter.

About Smartstop Self Storage REIT

SmartStop Self Storage REIT, Inc is a self-managed and fully integrated real estate investment trust focused on the ownership, operation, acquisition and development of self-storage properties. The company provides storage solutions for residential, commercial and vehicle-storage customers through facilities operating primarily under the SmartStop Self Storage brand.

SmartStop’s properties offer a range of unit sizes and features, including climate-controlled storage, drive-up access, month-to-month rental options, online leasing and payment services, and protection plans.