Smartstop Self Storage REIT (NYSE:SMA) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Smartstop Self Storage REIT Inc (NYSE:SMA) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.98 and traded as high as $33.34. Smartstop Self Storage REIT shares last traded at $33.14, with a volume of 343,413 shares trading hands.

Analyst Upgrades and Downgrades

SMA has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Monday, March 23rd. Scotiabank raised Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Wells Fargo & Company increased their price target on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Finally, Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Smartstop Self Storage REIT presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.81.

Smartstop Self Storage REIT Stock Up 0.5%

The firm has a market capitalization of $1.83 billion, a P/E ratio of 220.93 and a beta of 0.56. The firm’s 50-day moving average is $31.93 and its 200 day moving average is $31.98. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33.

Smartstop Self Storage REIT (NYSE:SMA) last announced its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The firm’s revenue 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. As a group, equities research analysts predict that Smartstop Self Storage REIT Inc will post 2.01 EPS for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be given a dividend of $0.1359 per share. 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 4.9%. The ex-dividend date of this dividend is Friday, July 31st. Smartstop Self Storage REIT’s payout ratio is currently 1,053.33%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Merit Financial Group LLC bought a new position in shares of Smartstop Self Storage REIT during the 4th quarter worth approximately $3,558,000. Principal Financial Group Inc. raised its holdings in shares of Smartstop Self Storage REIT by 10,361.9% in the fourth quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock valued at $63,958,000 after purchasing an additional 2,047,400 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new stake in shares of Smartstop Self Storage REIT in the fourth quarter worth $4,465,000. Choreo LLC bought a new stake in shares of Smartstop Self Storage REIT in the fourth quarter worth $2,941,000. Finally, Blue Sky Capital Consultants Group Inc. bought a new stake in shares of Smartstop Self Storage REIT in the fourth quarter worth $1,064,000.

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.