Smartstop Self Storage REIT Inc (NYSE:SMA) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have been given a consensus recommendation of “Moderate Buy” by the ten research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $36.3125.

SMA has been the subject of several research reports. Raymond James Financial initiated coverage on Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 target price for the company. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Wells Fargo & Company lifted their price objective on shares of Smartstop Self Storage REIT from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in Smartstop Self Storage REIT by 10,361.9% during 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 buying an additional 2,047,400 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of 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 valued at $110,670,000 after acquiring an additional 1,967,321 shares during the period. Conversant Capital LLC acquired a new stake in shares of Smartstop Self Storage REIT during the second quarter valued at approximately $36,098,000. Price T Rowe Associates Inc. MD lifted its position in shares of Smartstop Self Storage REIT by 13.7% in the 4th 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 acquiring an additional 710,871 shares in the last quarter. Finally, Rush Island Management LP purchased a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $15,644,000.

Smartstop Self Storage REIT Price Performance

Shares of NYSE:SMA opened at $34.37 on Friday. The firm’s 50 day moving average is $32.21 and its two-hundred day moving average is $32.11. Smartstop Self Storage REIT has a 52 week low of $29.41 and a 52 week high of $39.77. The firm has a market capitalization of $1.90 billion, a P/E ratio of 229.13 and a beta of 0.56. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s quarterly 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. Analysts anticipate that Smartstop Self Storage REIT will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a dividend of $0.1359 per share. The ex-dividend date is Friday, July 31st. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 4.7%. Smartstop Self Storage REIT’s payout ratio is 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.