National Bank Financial Boosts Smartstop Self Storage REIT (NYSE:SMA) Price Target to $39.25

Smartstop Self Storage REIT (NYSE:SMAGet Free Report) had its target price raised by analysts at National Bank Financial from $38.50 to $39.25 in a report issued on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the healthcare company’s stock. National Bank Financial’s price target points to a potential upside of 13.89% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the company. Wells Fargo & Company reissued a “neutral” rating on shares of Smartstop Self Storage REIT in a report on Friday, July 24th. Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective for the company. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, Robert W. Baird raised their target price on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.47.

Check Out Our Latest Analysis on Smartstop Self Storage REIT

Smartstop Self Storage REIT Stock Performance

SMA stock traded up $0.36 during mid-day trading on Tuesday, hitting $34.46. 305,944 shares of the company were exchanged, compared to its average volume of 786,573. Smartstop Self Storage REIT has a 1-year low of $29.41 and a 1-year high of $39.77. The stock has a market capitalization of $1.91 billion, a PE ratio of 67.52 and a beta of 0.50. The business has a 50 day simple moving average of $33.44 and a 200-day simple moving average of $32.36. The company has a current ratio of 5.28, a quick ratio of 5.28 and a debt-to-equity ratio of 0.89.

Smartstop Self Storage REIT (NYSE:SMAGet Free Report) last posted its earnings results on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing the consensus estimate 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. On average, equities analysts forecast that Smartstop Self Storage REIT will post 2 earnings per share for the current year.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Several institutional investors and hedge funds have recently added to or reduced their stakes in SMA. JPMorgan Chase & Co. bought a new position in shares of Smartstop Self Storage REIT during the second quarter valued at $3,155,000. New York State Common Retirement Fund bought a new stake in shares of Smartstop Self Storage REIT in the second quarter worth $326,000. Quantbot Technologies LP acquired a new stake in Smartstop Self Storage REIT in the second quarter valued at $377,000. Invesco Ltd. bought a new position in Smartstop Self Storage REIT during the 2nd quarter worth $602,000. Finally, Marshall Wace LLP acquired a new position in Smartstop Self Storage REIT during the 2nd quarter worth about $830,000.

About Smartstop Self Storage REIT

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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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