Smartstop Self Storage REIT Inc (NYSE:SMA) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts give Smartstop Self Storage REIT a “Moderate Buy” consensus across 11 covering firms, with an average 12-month price target of $36.86 versus the reported $32.61 share price.
• The stock was down 1.5% at $32.61, while the company reported quarterly EPS of $0.20, missing the $0.49 consensus estimate; full-year 2026 EPS guidance is $1.98–$2.04.
• Institutional ownership increased as Vanguard and California State Teachers’ Retirement System expanded their positions, while insiders sold 1,875 shares over the past 90 days. The company also declared a monthly dividend of $0.1315 per share, representing an indicated 4.8% yield.

Smartstop Self Storage REIT Inc (NYSE:SMA - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $36.8611.

Several analysts have weighed in on the stock. Robert W. Baird boosted their target price on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an "outperform" rating in a research report on Monday, August 10th. Raymond James Financial initiated coverage on shares of Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a "strong-buy" rating and a $39.00 price objective on the stock. Wells Fargo & Company raised their target price on Smartstop Self Storage REIT from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Weiss Ratings upgraded Smartstop Self Storage REIT from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, July 16th. Finally, BMO Capital Markets cut Smartstop Self Storage REIT from an "outperform" rating to a "market perform" rating and set a $38.00 price objective for the company. in a research note on Thursday, August 27th.

Insider Activity

In other Smartstop Self Storage REIT news, General Counsel Nicholas Look sold 1,025 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $34.36, for a total value of $35,219.00. Following the completion of the transaction, the general counsel owned 588 shares in the company, valued at approximately $20,203.68. This represents a 63.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 1,875 shares of company stock valued at $63,328. Insiders own 5.70% of the company's stock.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in Smartstop Self Storage REIT by 3,067.5% in the 2nd quarter. California State Teachers Retirement System now owns 2,206,295 shares of the healthcare company's stock worth $67,886,000 after buying an additional 2,136,641 shares during the last quarter. Vanguard Group Inc. increased its stake in Smartstop Self Storage REIT by 122.2% during the 4th 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. Conversant Capital LLC acquired a new position in shares of Smartstop Self Storage REIT during the second quarter valued at approximately $36,098,000. Irenic Capital Management LP acquired a new position in shares of Smartstop Self Storage REIT during the second quarter valued at approximately $28,490,000. Finally, Price T Rowe Associates Inc. MD lifted 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 acquiring an additional 710,871 shares in the last quarter.

Smartstop Self Storage REIT Stock Down 1.5%

NYSE:SMA opened at $32.61 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.28 and a quick ratio of 5.28. Smartstop Self Storage REIT has a 1-year low of $29.41 and a 1-year high of $39.77. The company has a 50-day moving average of $33.70 and a 200 day moving average of $32.52. The firm has a market cap of $1.81 billion, a PE ratio of 63.94 and a beta of 0.49.

Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.29). The business had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. As a group, research analysts anticipate that Smartstop Self Storage REIT will post 2 EPS for the current fiscal year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.1315 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, September 30th. Smartstop Self Storage REIT's dividend payout ratio (DPR) is currently 307.84%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source