Key Points
- Director David Mueller sold 425 SMA shares for $14,441.50 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 10.08% to 3,790 shares.
- SmartStop reported quarterly EPS of $0.20, missing the $0.49 consensus estimate, while generating $79.28 million in revenue. The company issued fiscal 2026 EPS guidance of $1.98–$2.04.
- The company raised its monthly dividend to $0.1359, equivalent to an annualized $1.63 and a 4.8% yield. Analysts have a consensus “Moderate Buy” rating and an average price target of $36.42.
Smartstop Self Storage REIT Inc (NYSE:SMA - Get Free Report) Director David Mueller sold 425 shares of the stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $33.98, for a total value of $14,441.50. Following the transaction, the director directly owned 3,790 shares of the company's stock, valued at $128,784.20. The trade was a 10.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Smartstop Self Storage REIT Stock Performance
Shares of NYSE:SMA opened at $33.65 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.28 and a quick ratio of 5.28. Smartstop Self Storage REIT Inc has a 1 year low of $29.41 and a 1 year high of $38.69. The firm has a market capitalization of $1.86 billion, a PE ratio of 17.08 and a beta of 0.48. The business's 50 day moving average price is $32.94 and its 200-day moving average price is $32.57.
Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.29). The firm had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. As a group, equities research analysts expect that Smartstop Self Storage REIT Inc will post 2.02 earnings per share for the current fiscal year.
Smartstop Self Storage REIT Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a $0.1359 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from Smartstop Self Storage REIT's previous monthly dividend of $0.1315. The ex-dividend date is Friday, October 30th. Smartstop Self Storage REIT's dividend payout ratio (DPR) is currently 309.80%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on SMA shares. JPMorgan Chase & Co. boosted their price target on shares of Smartstop Self Storage REIT from $33.00 to $34.00 and gave the stock an "underweight" rating in a research report on Monday, September 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Smartstop Self Storage REIT in a report on Wednesday, October 14th. Wells Fargo & Company increased their price objective on shares of Smartstop Self Storage REIT from $33.00 to $35.00 and gave the company an "equal weight" rating in a report on Tuesday, September 1st. National Bank Financial raised their target price on shares of Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an "outperform" rating in a research note on Tuesday, August 18th. Finally, Truist Financial restated a "hold" rating and set a $33.00 target price (down from $36.00) on shares of Smartstop Self Storage REIT in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $36.42.
Read Our Latest Stock Analysis on SMA
Institutional Trading of Smartstop Self Storage REIT
Hedge funds and other institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. raised its position in shares of Smartstop Self Storage REIT by 25.6% during the 1st 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. Irenic Capital Management LP acquired a new position in Smartstop Self Storage REIT in the second quarter valued at approximately $28,490,000. Conversant Capital LLC purchased a new position in Smartstop Self Storage REIT in the first quarter worth approximately $25,972,000. Independent Financial Group LLC purchased a new position in Smartstop Self Storage REIT in the first quarter worth approximately $10,689,000. Finally, Bank of New York Mellon Corp increased its stake in Smartstop Self Storage REIT by 33.6% during the first quarter. Bank of New York Mellon Corp now owns 231,115 shares of the healthcare company's stock worth $6,998,000 after acquiring an additional 58,169 shares during the last quarter.
Smartstop Self Storage REIT Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
