Smartstop Self Storage REIT (NYSE:SMA) General Counsel Nicholas Look Sells 1,025 Shares of Stock

Key Points

• General Counsel Nicholas Look sold 1,025 SMA shares at an average price of $34.36, generating $35,219. After the transaction, his holdings fell 63.55% to 588 shares.
• Smartstop Self Storage REIT reported quarterly EPS of $0.20, missing the $0.49 analyst consensus, while revenue reached $79.28 million. The company set fiscal 2026 EPS guidance at $1.98–$2.04.
• The stock traded near $34.26, and analysts maintained a “Moderate Buy” consensus with an average price target of $36.47. The company also declared a monthly dividend of $0.1359, implying a 4.8% annualized yield.

Smartstop Self Storage REIT Inc (NYSE:SMA - Get Free Report) General Counsel Nicholas Look sold 1,025 shares of the stock in a transaction that occurred 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 completion of the transaction, the general counsel owned 588 shares of the company's stock, valued at $20,203.68. This trade represents a 63.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Smartstop Self Storage REIT Price Performance

Shares of NYSE SMA traded up $0.16 during mid-day trading on Tuesday, reaching $34.26. 778,138 shares of the company traded hands, compared to its average volume of 789,686. Smartstop Self Storage REIT Inc has a fifty-two week low of $29.41 and a fifty-two week high of $39.77. The firm has a market cap of $1.90 billion, a PE ratio of 67.18 and a beta of 0.50. The stock has a fifty day simple moving average of $33.44 and a 200-day simple moving average of $32.36. 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 (NYSE:SMA - Get Free Report) last released its earnings results on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.29). The firm had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%.Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Equities research analysts anticipate that Smartstop Self Storage REIT Inc will post 2 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 Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.1359 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from Smartstop Self Storage REIT's previous monthly dividend of $0.14. Smartstop Self Storage REIT's dividend payout ratio (DPR) is presently 319.61%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Institutional investors and hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. grew its holdings in shares of Smartstop Self Storage REIT by 10,361.9% in 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 last quarter. Vanguard Group Inc. lifted 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 purchasing an additional 1,967,321 shares during the last quarter. Conversant Capital LLC purchased a new stake in shares of Smartstop Self Storage REIT during the second quarter valued at $36,098,000. Price T Rowe Associates Inc. MD boosted 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 purchasing an additional 710,871 shares during the period. Finally, Rush Island Management LP acquired a new position in shares of Smartstop Self Storage REIT in the 4th quarter valued at $15,644,000.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SMA. Wells Fargo & Company reaffirmed a "neutral" rating on shares of Smartstop Self Storage REIT in a research note on Friday, July 24th. Raymond James Financial started coverage on shares of Smartstop Self Storage REIT in a research report on Wednesday, July 15th. They issued a "strong-buy" rating and a $39.00 price target on the stock. Robert W. Baird upped their price target on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the company an "outperform" rating in a report on Monday, August 10th. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, July 16th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $36.47.

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.

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