Smartstop Self Storage REIT Inc (NYSE:SMA) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have received a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $36.3750.

SMA has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Raymond James Financial began coverage on Smartstop Self Storage REIT in a research report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 target price for the company. National Bank Financial upped their target price on Smartstop Self Storage REIT from $37.50 to $38.50 and gave the company an “outperform” rating in a research note on Tuesday. Wells Fargo & Company reiterated a “neutral” rating on shares of Smartstop Self Storage REIT in a report on Friday, July 24th. Finally, Robert W. Baird raised 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.

Smartstop Self Storage REIT Stock Performance

Shares of NYSE:SMA opened at $34.07 on Wednesday. The stock has a market capitalization of $1.89 billion, a P/E ratio of 66.80 and a beta of 0.50. Smartstop Self Storage REIT has a 52 week low of $29.41 and a 52 week high of $39.77. The company has a quick ratio of 5.33, a current ratio of 5.28 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $33.19 and a two-hundred day simple moving average of $32.31.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.29). The company had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. On average, analysts expect that Smartstop Self Storage REIT will post 2 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.1359 dividend. The ex-dividend date is Monday, August 31st. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 4.8%. Smartstop Self Storage REIT’s payout ratio is 319.61%.

Institutional Trading of Smartstop Self Storage REIT

Large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD grew its holdings in shares of Smartstop Self Storage REIT by 13.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock worth $182,972,000 after purchasing an additional 710,871 shares during the last quarter. Vanguard Group Inc. increased its stake in Smartstop Self Storage REIT by 122.2% in the 4th quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock worth $110,670,000 after buying an additional 1,967,321 shares during the period. Principal Financial Group Inc. lifted its holdings in Smartstop Self Storage REIT by 25.6% during the 1st quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock valued at $78,611,000 after buying an additional 528,974 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Smartstop Self Storage REIT by 18.3% during the 4th quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock valued at $43,763,000 after buying an additional 218,386 shares in the last quarter. Finally, State Street Corp boosted its position in Smartstop Self Storage REIT by 74.1% in the 4th quarter. State Street Corp now owns 1,146,404 shares of the healthcare company’s stock valued at $35,624,000 after buying an additional 487,811 shares during the period.

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.