Smartstop Self Storage REIT (NYSE:SMA) Announces FY 2026 Earnings Guidance

Smartstop Self Storage REIT (NYSE:SMA) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.990-2.050 for the period, compared to the consensus earnings per share estimate of 2.020. The company issued revenue guidance of -.

Smartstop Self Storage REIT Stock Up 2.0%

Shares of NYSE SMA traded up $0.62 during mid-day trading on Tuesday, reaching $31.82. The company had a trading volume of 203,665 shares, compared to its average volume of 780,776. The firm has a 50 day simple moving average of $33.35 and a two-hundred day simple moving average of $32.39. The stock has a market cap of $1.76 billion, a P/E ratio of 62.32 and a beta of 0.49. Smartstop Self Storage REIT has a 52-week low of $29.41 and a 52-week high of $38.69. The company has a current ratio of 5.28, a quick ratio of 5.28 and a debt-to-equity ratio of 0.89.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings results 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). Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%.The business had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Sell-side analysts predict that Smartstop Self Storage REIT will post 2.02 earnings per share for the current year.

Smartstop Self Storage REIT Cuts Dividend

The business 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 $0.1315 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 5.0%. This is a drop from Smartstop Self Storage REIT’s previous monthly dividend of $0.1359. Smartstop Self Storage REIT’s payout ratio is 319.61%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SMA shares. Wells Fargo & Company lifted their price objective on Smartstop Self Storage REIT from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 1st. Raymond James Financial assumed coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective on the stock. National Bank Financial boosted their price target on Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an “outperform” rating in a research report on Tuesday, August 18th. BMO Capital Markets lowered 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 report on Thursday, August 27th. Finally, JPMorgan Chase & Co. upped their target price on shares of Smartstop Self Storage REIT from $33.00 to $34.00 and gave the company an “underweight” rating in a research note on Monday, September 21st. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $37.08.

Insiders Place Their Bets

In other Smartstop Self Storage REIT news, General Counsel Nicholas Look sold 1,025 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $34.36, for a total value of $35,219.00. Following the completion of the sale, the general counsel owned 588 shares of the company’s stock, valued at $20,203.68. The trade was a 63.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 1,875 shares of company stock worth $63,163 in the last 90 days. 5.70% of the stock is owned by company insiders.

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.