Smartstop Self Storage REIT (NYSE:SMA) Stock Price Expected to Rise, National Bank Financial Analyst Says

Smartstop Self Storage REIT (NYSE:SMA) had its target price upped by equities research analysts at National Bank Financial from $37.50 to $38.50 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the healthcare company’s stock. National Bank Financial’s target price indicates a potential upside of 12.59% from the company’s previous close.

Several other brokerages also recently weighed in on SMA. Robert W. Baird boosted their target price on Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Wells Fargo & Company restated a “neutral” rating on shares of Smartstop Self Storage REIT in a research note on Friday, July 24th. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, Raymond James Financial initiated coverage on shares of Smartstop Self Storage REIT in a research report on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and a consensus price target of $36.38.

Smartstop Self Storage REIT Stock Up 0.6%

SMA traded up $0.21 during trading on Tuesday, hitting $34.20. The stock had a trading volume of 107,897 shares, compared to its average volume of 795,578. The company has a market capitalization of $1.89 billion, a PE ratio of 67.11 and a beta of 0.50. Smartstop Self Storage REIT has a twelve month low of $29.41 and a twelve month high of $39.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.33 and a current ratio of 5.28. The stock has a 50 day simple moving average of $33.12 and a two-hundred day simple moving average of $32.29.

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 (EPS) 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. On average, research analysts predict that Smartstop Self Storage REIT will post 2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SMA. Price T Rowe Associates Inc. MD boosted its holdings in shares of Smartstop Self Storage REIT by 13.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock valued at $182,972,000 after acquiring an additional 710,871 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of 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 valued at $110,670,000 after buying an additional 1,967,321 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Smartstop Self Storage REIT by 25.6% in 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 during the period. Wellington Management Group LLP boosted its stake in shares of Smartstop Self Storage REIT by 18.3% in the fourth quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock worth $43,763,000 after buying an additional 218,386 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Smartstop Self Storage REIT by 74.1% in the fourth quarter. State Street Corp now owns 1,146,404 shares of the healthcare company’s stock worth $35,624,000 after buying an additional 487,811 shares during the last quarter.

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.