Shares of Smartstop Self Storage REIT Inc (NYSE:SMA – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $36.3125.
Several research firms recently commented on SMA. JPMorgan Chase & Co. reduced their price target on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Monday, March 23rd. Wells Fargo & Company boosted their price objective on shares of Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday. Finally, Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday. They set a “strong-buy” rating and a $39.00 price target for the company.
Read Our Latest Analysis on SMA
Institutional Investors Weigh In On Smartstop Self Storage REIT
Smartstop Self Storage REIT Stock Performance
Shares of Smartstop Self Storage REIT stock opened at $34.27 on Friday. The company has a quick ratio of 5.33, a current ratio of 5.33 and a debt-to-equity ratio of 0.86. The stock’s fifty day moving average is $32.06 and its two-hundred day moving average is $32.04. Smartstop Self Storage REIT has a 52 week low of $29.41 and a 52 week high of $39.77. The company has a market capitalization of $1.90 billion, a PE ratio of 228.45 and a beta of 0.56.
Smartstop Self Storage REIT (NYSE:SMA – Get Free Report) last released its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. As a group, analysts expect that Smartstop Self Storage REIT will post 2.01 earnings per share for the current year.
Smartstop Self Storage REIT Increases Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.1359 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, July 31st. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is 1,053.33%.
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.
Featured Stories
- Five stocks we like better than Smartstop Self Storage REIT
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Smartstop Self Storage REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smartstop Self Storage REIT and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
