Smartstop Self Storage REIT (NYSE:SMA – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.980-2.040 for the period, compared to the consensus EPS estimate of 2.010. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on SMA shares. Wells Fargo & Company restated a “neutral” rating on shares of Smartstop Self Storage REIT in a report on Friday, July 24th. Raymond James Financial initiated coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price objective for the company. Weiss Ratings raised Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Finally, Zacks Research raised shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, four have given 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.44.
Read Our Latest Analysis on SMA
Smartstop Self Storage REIT Stock Up 0.7%
Smartstop Self Storage REIT (NYSE:SMA – Get Free Report) last released its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $78.31 million during the quarter, compared to analysts’ expectations of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s revenue for the quarter was up 19.7% on a year-over-year basis. Equities research analysts anticipate that Smartstop Self Storage REIT will post 2 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, August 14th. Investors of record on Friday, July 31st will be issued a $0.1359 dividend. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, July 31st. Smartstop Self Storage REIT’s dividend payout ratio is presently 1,086.67%.
Hedge Funds Weigh In On Smartstop Self Storage REIT
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in shares of Smartstop Self Storage REIT during the second quarter worth approximately $3,155,000. New York State Common Retirement Fund bought a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth $326,000. Quantbot Technologies LP bought a new position in Smartstop Self Storage REIT during the second quarter valued at about $377,000. Invesco Ltd. acquired a new position in Smartstop Self Storage REIT during the second quarter worth about $602,000. Finally, Marshall Wace LLP acquired a new stake in Smartstop Self Storage REIT during the second quarter valued at approximately $830,000.
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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