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

Smartstop Self Storage REIT Inc (NYSE:SMA) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $36.8125.

Several research analysts have weighed in on SMA shares. Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. JPMorgan Chase & Co. reduced their target price on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a report on Monday, March 23rd. Zacks Research raised shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Finally, Wells Fargo & Company raised their price target on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, June 1st.

Institutional Inflows and Outflows

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

Smartstop Self Storage REIT Stock Down 1.5%

Smartstop Self Storage REIT stock opened at $32.95 on Tuesday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 219.63 and a beta of 0.69. 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 has a 12 month low of $29.41 and a 12 month high of $39.77. The stock has a fifty day simple moving average of $31.79 and a two-hundred day simple moving average of $31.92.

Smartstop Self Storage REIT (NYSE:SMA) last posted its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Equities analysts predict that Smartstop Self Storage REIT will post 2.01 EPS for the current fiscal year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.1315 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently 1,086.67%.

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.