Smartstop Self Storage REIT Inc (SMA) to Issue Monthly Dividend of $0.14 on August 14th

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Friday, July 31st will be given a dividend of 0.1359 per share by the healthcare company on Friday, August 14th. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, July 31st. This is a 3.3% increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13.

Smartstop Self Storage REIT Stock Up 0.9%

Shares of NYSE:SMA opened at $35.43 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. The firm has a market capitalization of $1.96 billion, a PE ratio of 236.21 and a beta of 0.56. The firm’s 50-day moving average is $32.59 and its two-hundred day moving average is $32.21. Smartstop Self Storage REIT has a 1 year low of $29.41 and a 1 year high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, topping 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 business had revenue of $78.31 million for the quarter, compared to analysts’ expectations of $72.56 million. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Analysts predict that Smartstop Self Storage REIT will post 2 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Raymond James Financial assumed 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 target price on the stock. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Wells Fargo & Company reiterated a “neutral” rating on shares of Smartstop Self Storage REIT in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.44.

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.