Smartstop Self Storage REIT Inc (NYSE:SMA) Receives $36.94 Average PT from Analysts

Smartstop Self Storage REIT Inc (NYSE:SMA) has earned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $36.9444.

SMA has been the topic of several recent research reports. Weiss Ratings restated a “sell (d+)” rating on shares of Smartstop Self Storage REIT in a report on Friday, March 27th. Zacks Research lowered Smartstop Self Storage REIT from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. JPMorgan Chase & Co. cut their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Monday, March 23rd. Truist Financial cut their target price on Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. Finally, Scotiabank upgraded Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th.

Smartstop Self Storage REIT Price Performance

NYSE SMA opened at $32.57 on Monday. Smartstop Self Storage REIT has a fifty-two week low of $29.42 and a fifty-two week high of $39.77. The stock’s 50-day moving average is $31.82 and its two-hundred day moving average is $32.53. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.87. The firm has a market cap of $1.80 billion and a P/E ratio of 217.16.

Smartstop Self Storage REIT (NYSE:SMA) last posted its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The company had revenue of $78.31 million for the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT’s revenue for the quarter was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. On average, analysts anticipate that Smartstop Self Storage REIT will post 2.02 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.1359 dividend. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, May 29th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is 1,053.33%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Smartstop Self Storage REIT in the third quarter valued at about $26,000. Beacon Capital Management Inc. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $27,000. Finally, Assetmark Inc. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $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.