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

Smartstop Self Storage REIT Inc (NYSE:SMA) has been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $36.8125.

Several equities research analysts recently weighed in on SMA shares. Wall Street Zen raised shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Wells Fargo & Company boosted their price objective on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Robert W. Baird dropped their target price on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th.

Smartstop Self Storage REIT Stock Performance

Shares of SMA opened at $32.46 on Tuesday. Smartstop Self Storage REIT has a 1 year low of $29.41 and a 1 year high of $39.77. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 216.37 and a beta of 0.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33. The firm has a fifty day moving average of $31.70 and a 200-day moving average of $31.92.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The company had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. The company’s revenue for the quarter 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. As a group, equities analysts anticipate that Smartstop Self Storage REIT will post 2.02 earnings per share for the current year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.1315 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.9%. Smartstop Self Storage REIT’s dividend payout ratio is presently 1,086.67%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Hedge funds have recently modified their holdings of the business. Western Wealth Management LLC bought a new position in Smartstop Self Storage REIT in the first quarter worth $153,000. Bank of America Corp DE increased its stake in shares of Smartstop Self Storage REIT by 53.4% in the first quarter. Bank of America Corp DE now owns 222,586 shares of the healthcare company’s stock valued at $6,740,000 after buying an additional 77,479 shares in the last quarter. Amundi acquired a new stake in shares of Smartstop Self Storage REIT in the first quarter valued at $714,000. California State Teachers Retirement System increased its stake in shares of Smartstop Self Storage REIT by 134.7% in the first quarter. California State Teachers Retirement System now owns 69,654 shares of the healthcare company’s stock valued at $2,109,000 after buying an additional 39,975 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Smartstop Self Storage REIT by 36.5% in the first quarter. Royal Bank of Canada now owns 72,318 shares of the healthcare company’s stock valued at $2,190,000 after buying an additional 19,321 shares in the last quarter.

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.