Key Points
- Director David Mueller sold 425 SMA shares for $13,621.25 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 9.16% to 4,215 shares.
- SmartStop Self Storage REIT reported quarterly EPS of $0.20, missing the $0.49 consensus estimate, while revenue reached $79.28 million. Analysts expect full-year 2026 EPS of approximately $2.02.
- The company declared a monthly dividend of $0.1315 per share, implying a 4.8% annualized yield, though its payout ratio is elevated at 307.84%; analysts maintain a consensus “Moderate Buy” rating with a $36.86 price target.
Smartstop Self Storage REIT Inc (NYSE:SMA - Get Free Report) Director David Mueller sold 425 shares of Smartstop Self Storage REIT stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $32.05, for a total transaction of $13,621.25. Following the transaction, the director directly owned 4,215 shares in the company, valued at $135,090.75. This trade represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Smartstop Self Storage REIT Price Performance
Shares of Smartstop Self Storage REIT stock opened at $32.66 on Friday. Smartstop Self Storage REIT Inc has a 52-week low of $29.41 and a 52-week high of $38.99. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 64.04 and a beta of 0.49. The company has a fifty day moving average of $33.58 and a 200-day moving average of $32.43. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.28 and a current ratio of 5.28.
Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) last issued its earnings results on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.29). The business had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%.Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Equities research analysts expect that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.
Smartstop Self Storage REIT Cuts Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.1315 dividend. The ex-dividend date is Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 4.8%. Smartstop Self Storage REIT's payout ratio is currently 307.84%.
Institutional Trading of Smartstop Self Storage REIT
Several large investors have recently modified their holdings of the business. Engineers Gate Manager LP increased its holdings in Smartstop Self Storage REIT by 23.9% during the 2nd quarter. Engineers Gate Manager LP now owns 29,430 shares of the healthcare company's stock valued at $956,000 after purchasing an additional 5,680 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Smartstop Self Storage REIT in the 2nd quarter worth approximately $82,000. Squarepoint Ops LLC bought a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth approximately $550,000. Allworth Financial LP grew its position in shares of Smartstop Self Storage REIT by 61.4% in the 2nd quarter. Allworth Financial LP now owns 1,788 shares of the healthcare company's stock worth $58,000 after buying an additional 680 shares during the last quarter. Finally, Corient Private Wealth LP increased its stake in shares of Smartstop Self Storage REIT by 16.1% during the second quarter. Corient Private Wealth LP now owns 8,106 shares of the healthcare company's stock valued at $263,000 after buying an additional 1,125 shares during the period.
Analyst Ratings Changes
Several brokerages recently weighed in on SMA. Raymond James Financial began coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a "strong-buy" rating and a $39.00 target price for the company. National Bank Financial boosted their price objective on Smartstop Self Storage REIT from $38.50 to $39.25 and gave the company an "outperform" rating in a research report on Tuesday, August 18th. 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. BMO Capital Markets cut shares of Smartstop Self Storage REIT from an "outperform" rating to a "market perform" rating and set a $38.00 target price on the stock. in a report on Thursday, August 27th. Finally, Robert W. Baird lifted their target price on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $36.86.
Read Our Latest Stock Report on SMA
About Smartstop Self Storage REIT
(
Get Free Report)
SmartStop Self Storage REIT, Inc is a self-managed and fully integrated real estate investment trust focused on the ownership, operation, acquisition and development of self-storage properties. The company provides storage solutions for residential, commercial and vehicle-storage customers through facilities operating primarily under the SmartStop Self Storage brand.
SmartStop's properties offer a range of unit sizes and features, including climate-controlled storage, drive-up access, month-to-month rental options, online leasing and payment services, and protection plans.
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