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

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $32.44, for a total transaction of $13,787.00. Following the completion of the sale, the director owned 5,490 shares of the company’s stock, valued at $178,095.60. This represents a 7.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Stock Down 0.1%

SMA stock opened at $31.90 on Thursday. The company has a 50-day moving average of $31.59 and a two-hundred day moving average of $31.92. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 212.69 and a beta of 0.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. Smartstop Self Storage REIT Inc 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, May 6th. The healthcare company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The business’s quarterly 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. As a group, equities research analysts anticipate that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.1315 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. Smartstop Self Storage REIT’s dividend payout ratio is currently 1,046.67%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on SMA shares. Zacks Research raised shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Stifel Nicolaus dropped their price target 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. Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research report on Thursday, March 19th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Finally, Robert W. Baird dropped their price target 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. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Smartstop Self Storage REIT has a consensus rating of “Moderate Buy” and a consensus price target of $36.81.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SMA. JPMorgan Chase & Co. acquired a new position in Smartstop Self Storage REIT in the second quarter worth about $3,155,000. New York State Common Retirement Fund acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter worth approximately $326,000. Quantbot Technologies LP acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter worth approximately $377,000. Invesco Ltd. acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter worth approximately $602,000. Finally, Marshall Wace LLP acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter worth approximately $830,000.

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.