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

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $36.9444.

Several analysts recently commented on the company. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Wells Fargo & Company decreased their price objective on Smartstop Self Storage REIT from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Wall Street Zen raised shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, Robert W. Baird reduced their target price on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SMA. Price T Rowe Associates Inc. MD grew its position 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 valued at $182,972,000 after purchasing an additional 710,871 shares in the last quarter. Vanguard Group Inc. lifted its position in Smartstop Self Storage REIT by 122.2% during the fourth 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 in the last quarter. Principal Financial Group Inc. lifted its position in Smartstop Self Storage REIT by 25.6% during the first quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock worth $78,611,000 after buying an additional 528,974 shares in the last quarter. Wellington Management Group LLP boosted its stake in Smartstop Self Storage REIT by 18.3% during 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, Goldentree Asset Management LP boosted its stake in Smartstop Self Storage REIT by 24.5% during the third quarter. Goldentree Asset Management LP now owns 1,181,767 shares of the healthcare company’s stock worth $44,393,000 after buying an additional 232,466 shares during the last quarter.

Smartstop Self Storage REIT Trading Up 1.2%

SMA stock opened at $31.71 on Friday. Smartstop Self Storage REIT has a 12-month low of $29.41 and a 12-month high of $39.77. The business’s 50-day moving average is $31.37 and its 200 day moving average is $31.99. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86. The stock has a market cap of $1.76 billion and a price-to-earnings ratio of 211.39.

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

Smartstop Self Storage REIT Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.1359 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) annualized dividend and a yield of 5.1%. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. Smartstop Self Storage REIT’s dividend payout ratio is currently 1,053.33%.

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.