Smartstop Self Storage REIT (NYSE:SMA) Shares Break Above 200-Day Moving Average - Time to Sell?

Key Points

• SmartStop shares crossed above their 200-day moving average, reaching $33.12 before closing at $32.87, compared with the moving average of $32.42.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $36.42, implying potential upside from the latest trading level.
• The company raised its monthly dividend to $0.1359 per share, producing an annualized yield of about 5%, though its payout ratio is elevated at 309.8%; its latest quarterly EPS of $0.20 missed estimates of $0.49.

Smartstop Self Storage REIT Inc (NYSE:SMA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $32.42 and traded as high as $33.12. Smartstop Self Storage REIT shares last traded at $32.87, with a volume of 383,995 shares traded.

Analysts Set New Price Targets

SMA has been the topic of a number of research reports. Raymond James Financial initiated coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They issued a "strong-buy" rating and a $39.00 price objective on the stock. JPMorgan Chase & Co. lifted their price target on shares of Smartstop Self Storage REIT from $33.00 to $34.00 and gave the company an "underweight" rating in a research report on Monday, September 21st. National Bank Financial boosted their price objective on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an "outperform" rating in a research note on Tuesday, August 18th. Wells Fargo & Company increased their price objective on shares of Smartstop Self Storage REIT from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 1st. Finally, Robert W. Baird dropped their price objective 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 Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.42.

Smartstop Self Storage REIT Price Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 5.28 and a quick ratio of 5.28. The company has a market cap of $1.82 billion, a PE ratio of 64.45 and a beta of 0.48. The company has a 50-day moving average price of $33.02 and a two-hundred day moving average price of $32.42.

Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) last announced 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). The company 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. Sell-side analysts expect that Smartstop Self Storage REIT Inc will post 2.02 earnings per share 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, November 13th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.1359 per share. This is an increase from Smartstop Self Storage REIT's previous monthly dividend of $0.1315. This represents a $1.63 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Friday, October 30th. Smartstop Self Storage REIT's payout ratio is 309.80%.

Insider Activity at Smartstop Self Storage REIT

In other news, General Counsel Nicholas Look sold 1,025 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $34.36, for a total transaction of $35,219.00. Following the transaction, the general counsel directly owned 588 shares of the company's stock, valued at approximately $20,203.68. The trade was a 63.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 1,875 shares of company stock worth $63,163 over the last 90 days. Insiders own 5.70% of the company's stock.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its stake in shares of Smartstop Self Storage REIT by 489.3% during the third quarter. Versant Capital Management Inc now owns 2,599 shares of the healthcare company's stock valued at $84,000 after acquiring an additional 2,158 shares in the last quarter. Engineers Gate Manager LP increased its position in shares of Smartstop Self Storage REIT by 23.9% during the second quarter. Engineers Gate Manager LP now owns 29,430 shares of the healthcare company's stock worth $956,000 after acquiring an additional 5,680 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Smartstop Self Storage REIT in the second quarter worth about $82,000. Squarepoint Ops LLC acquired a new position in shares of Smartstop Self Storage REIT in the second quarter worth about $550,000. Finally, Allworth Financial LP boosted its holdings in Smartstop Self Storage REIT by 61.4% in the second quarter. Allworth Financial LP now owns 1,788 shares of the healthcare company's stock valued at $58,000 after purchasing an additional 680 shares during the last quarter.

Smartstop Self Storage REIT Company Profile

SmartStop Self Storage REIT, Inc NYSE: SMA is a real estate investment trust focused on the ownership, operation and management of self-storage facilities. The company provides storage space for residential, commercial and other customers, with offerings that may include traditional storage units, climate-controlled units, vehicle storage and related tenant services.

SmartStop operates under the SmartStop Self Storage brand and serves customers across the United States and Canada. Its facilities generally provide online reservations and payments, electronic access, moving and packing supplies, and other convenience-oriented services.

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