Analysts Set Smartstop Self Storage REIT Inc (NYSE:SMA) PT at $36.94

Smartstop Self Storage REIT Inc (NYSE:SMA) has been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $37.1667.

A number of analysts recently commented on the company. Weiss Ratings upgraded Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Robert W. Baird decreased their target price on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. JPMorgan Chase & Co. decreased their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Monday, March 23rd. 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, Stifel Nicolaus decreased their target price on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a research report on Thursday, February 26th.

Smartstop Self Storage REIT Stock Performance

Shares of Smartstop Self Storage REIT stock opened at $30.65 on Friday. The business’s fifty day simple moving average is $31.31 and its 200 day simple moving average is $31.95. The firm has a market capitalization of $1.70 billion, a P/E ratio of 204.33 and a beta of 0.69. Smartstop Self Storage REIT has a 12 month low of $29.41 and a 12 month high of $39.77. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $78.31 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. As a group, analysts anticipate that Smartstop Self Storage REIT will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.1315 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. Smartstop Self Storage REIT’s payout ratio is 1,086.67%.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Several hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD grew its position in shares of Smartstop Self Storage REIT by 13.7% in the fourth 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 in the last quarter. Vanguard Group Inc. boosted its stake in 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 buying an additional 1,967,321 shares during the period. Principal Financial Group Inc. boosted its stake in Smartstop Self Storage REIT by 25.6% during the first quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock valued at $78,611,000 after buying an additional 528,974 shares during the period. Wellington Management Group LLP boosted its stake in Smartstop Self Storage REIT by 18.3% during the fourth quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock valued at $43,763,000 after buying an additional 218,386 shares during the period. Finally, Goldentree Asset Management LP boosted its stake in Smartstop Self Storage REIT by 24.5% during the third quarter. Goldentree Asset Management LP now owns 1,181,767 shares of the healthcare company’s stock valued at $44,393,000 after buying an additional 232,466 shares during the period.

About Smartstop Self Storage REIT

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.