Smartstop Self Storage REIT Inc (SMA) to Issue Monthly Dividend of $0.13 on October 15th

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Thursday, September 3rd. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.1315 per share by the healthcare company on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Wednesday, September 30th.

Smartstop Self Storage REIT Price Performance

Shares of SMA stock opened at $32.61 on Friday. Smartstop Self Storage REIT has a 1 year low of $29.41 and a 1 year high of $39.77. 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’s 50 day moving average is $33.70 and its 200-day moving average is $32.52. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 63.94 and a beta of 0.49.

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 net margin of 9.68% and a return on equity of 2.33%. The company had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Sell-side analysts forecast that Smartstop Self Storage REIT will post 2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SMA has been the subject of several research reports. Weiss Ratings raised Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. BMO Capital Markets lowered Smartstop Self Storage REIT from an “outperform” rating to a “market perform” rating and set a $38.00 price target on the stock. in a research note on Thursday, August 27th. Wells Fargo & Company boosted 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. 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 research note on Tuesday, August 18th. Finally, Raymond James Financial assumed coverage on shares of 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. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.86.

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.