Smartstop Self Storage REIT (NYSE:SMA) Director Sells $14,322.50 in Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $33.70, for a total transaction of $14,322.50. Following the completion of the transaction, the director owned 4,640 shares of the company’s stock, valued at approximately $156,368. This trade represents a 8.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Stock Up 0.1%

Smartstop Self Storage REIT stock opened at $34.48 on Friday. Smartstop Self Storage REIT Inc has a twelve month low of $29.41 and a twelve month high of $39.77. The stock’s fifty day simple moving average is $33.54 and its 200-day simple moving average is $32.43. The company has a current ratio of 5.28, a quick ratio of 5.28 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $1.91 billion, a P/E ratio of 67.61 and a beta of 0.50.

Smartstop Self Storage REIT (NYSE:SMA) last announced 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. As a group, equities analysts expect that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.1359 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. Smartstop Self Storage REIT’s dividend payout ratio is 319.61%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Robert W. Baird upped their target price on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Wells Fargo & Company reaffirmed a “neutral” rating on shares of Smartstop Self Storage REIT in a report on Friday, July 24th. Raymond James Financial assumed coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price target for the company. Finally, National Bank Financial boosted their price target on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an “outperform” rating in a report on Tuesday. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.47.

Institutional Trading of Smartstop Self Storage REIT

A number of institutional investors have recently bought and sold shares of SMA. Creative Financial Designs Inc. ADV acquired a new position in shares of Smartstop Self Storage REIT during the 4th quarter worth about $25,000. Beacon Capital Management Inc. acquired a new stake in shares of Smartstop Self Storage REIT during the 4th quarter worth about $26,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Smartstop Self Storage REIT during the fourth quarter worth approximately $27,000. Assetmark Inc. purchased a new stake in Smartstop Self Storage REIT during the fourth quarter worth approximately $31,000. Finally, Anchor Investment Management LLC acquired a new position in Smartstop Self Storage REIT in the fourth quarter valued at approximately $31,000.

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.