National Bank Financial Issues Positive Forecast for Smartstop Self Storage REIT (NYSE:SMA) Stock Price

Key Points

• National Bank Financial raised its price target for Smartstop Self Storage REIT from $38.50 to $39.25 and maintained an “outperform” rating, implying 13.89% upside from the reported share price.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average price target of $36.47; Raymond James issued a “strong-buy” rating with a $39 target.
• Shares rose 1.1% to $34.46, although the company’s latest quarterly EPS of $0.20 missed expectations of $0.49. Several major institutional investors, including Vanguard and Principal Financial Group, recently increased their holdings.

Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) had its price objective lifted by research analysts at National Bank Financial from $38.50 to $39.25 in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the healthcare company's stock. National Bank Financial's price objective points to a potential upside of 13.89% from the stock's current price.

SMA has been the topic of a number of other research reports. Weiss Ratings raised shares of Smartstop Self Storage REIT from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, July 16th. Wells Fargo & Company reaffirmed a "neutral" rating on shares of Smartstop Self Storage REIT in a research report on Friday, July 24th. Zacks Research upgraded shares of Smartstop Self Storage REIT from a "strong sell" rating to a "hold" rating in a research note on Friday, May 8th. Robert W. Baird boosted their price target 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. Finally, Raymond James Financial initiated coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They set a "strong-buy" rating and a $39.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $36.47.

Smartstop Self Storage REIT Stock Up 1.1%

Shares of NYSE:SMA traded up $0.36 during mid-day trading on Tuesday, reaching $34.46. 305,944 shares of the stock were exchanged, compared to its average volume of 786,573. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.89. The company has a market cap of $1.91 billion, a P/E ratio of 67.52 and a beta of 0.50. Smartstop Self Storage REIT has a one year low of $29.41 and a one year high of $39.77. The stock's 50 day simple moving average is $33.44 and its 200-day simple moving average is $32.36.

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

Institutional Trading of Smartstop Self Storage REIT

Several institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. boosted its stake in shares of Smartstop Self Storage REIT by 10,361.9% during the 4th quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company's stock worth $63,958,000 after acquiring an additional 2,047,400 shares during the period. Vanguard Group Inc. raised its stake in Smartstop Self Storage REIT by 122.2% in the 4th 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 Smartstop Self Storage REIT during the 2nd quarter valued at $36,098,000. Price T Rowe Associates Inc. MD lifted its holdings in Smartstop Self Storage REIT by 13.7% during 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 purchasing an additional 710,871 shares during the last quarter. Finally, Rush Island Management LP bought a new position in Smartstop Self Storage REIT during the fourth quarter worth $15,644,000.

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.

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