Smartstop Self Storage REIT (NYSE:SMA) Director David Mueller Sells 425 Shares of Company Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of Smartstop Self Storage REIT stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.98, for a total value of $14,441.50. Following the completion of the transaction, the director owned 3,790 shares in the company, valued at $128,784.20. This trade represents a 10.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Stock Down 1.5%

Shares of SMA traded down $0.51 during mid-day trading on Monday, hitting $33.65. 467,811 shares of the company traded hands, compared to its average volume of 783,358. The company has a market capitalization of $1.86 billion, a PE ratio of 65.98 and a beta of 0.48. 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 business has a 50 day moving average of $32.95 and a 200 day moving average of $32.54. Smartstop Self Storage REIT Inc has a 1-year low of $29.41 and a 1-year high of $38.69.

Smartstop Self Storage REIT (NYSE:SMA) last released its quarterly earnings data 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 business 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. Equities research analysts anticipate that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be given a dividend of $0.1359 per share. The ex-dividend date is Friday, October 30th. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.1315. This represents a $1.63 dividend on an annualized basis and a yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is presently 309.80%.

Analyst Ratings Changes

SMA has been the subject of a number of recent analyst reports. National Bank Financial raised their price target on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an “outperform” rating in a report on Tuesday, August 18th. Robert W. Baird decreased their price objective on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a report on Friday, October 2nd. Truist Financial reiterated a “hold” rating and issued a $33.00 price objective (down from $36.00) on shares of Smartstop Self Storage REIT in a report on Thursday, October 1st. Raymond James Financial assumed coverage on Smartstop Self Storage REIT in a research report on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective for the company. Finally, Wells Fargo & Company raised their target price on Smartstop Self Storage REIT from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 1st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $36.42.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Several institutional investors have recently modified their holdings of SMA. Anchor Investment Management LLC acquired a new stake in shares of Smartstop Self Storage REIT during the 4th quarter worth about $31,000. Compass Financial Management LLC purchased a new stake in Smartstop Self Storage REIT during the second quarter worth approximately $38,000. KBC Group NV purchased a new stake in Smartstop Self Storage REIT during the first quarter worth approximately $49,000. Assetmark Inc. lifted its stake in Smartstop Self Storage REIT by 68.0% during the first quarter. Assetmark Inc. now owns 1,704 shares of the healthcare company’s stock worth $52,000 after purchasing an additional 690 shares during the last quarter. 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 in 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.