Smartstop Self Storage REIT (NYSE:SMA) Director David Mueller Sells 425 Shares of Stock

Smartstop Self Storage REIT Inc (NYSE:SMAGet Free Report) Director David Mueller sold 425 shares of Smartstop Self Storage REIT stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $33.70, for a total transaction of $14,322.50. Following the transaction, the director directly owned 4,640 shares of the company’s stock, valued at $156,368. This represents a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Price Performance

NYSE:SMA traded up $0.16 on Tuesday, reaching $34.26. The stock had a trading volume of 778,138 shares, compared to its average volume of 789,686. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1.90 billion, a P/E ratio of 67.18 and a beta of 0.50. Smartstop Self Storage REIT Inc has a 1-year low of $29.41 and a 1-year high of $39.77. The stock has a fifty day moving average price of $33.44 and a 200-day moving average price of $32.36.

Smartstop Self Storage REIT (NYSE:SMAGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.29). Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%.The firm had revenue of $79.28 million for the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Research analysts forecast that Smartstop Self Storage REIT Inc will post 2 EPS for the current year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.1359 per share. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio is currently 319.61%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SMA shares. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings upgraded Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. National Bank Financial lifted their price target on Smartstop Self Storage REIT from $38.50 to $39.25 and gave the company an “outperform” rating in a report on Tuesday. Robert W. Baird upped their price target on shares of Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Raymond James Financial initiated coverage on shares of Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Smartstop Self Storage REIT currently has a consensus rating of “Moderate Buy” and an average target price of $36.47.

View Our Latest Report on SMA

Institutional Investors Weigh In On Smartstop Self Storage REIT

A number of institutional investors and hedge funds have recently made changes to their positions in SMA. Creative Financial Designs Inc. ADV acquired a new position in shares of Smartstop Self Storage REIT during the fourth quarter valued at $25,000. Beacon Capital Management Inc. acquired a new stake in Smartstop Self Storage REIT in the fourth quarter worth about $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Smartstop Self Storage REIT in the fourth quarter worth about $27,000. Assetmark Inc. bought a new stake in Smartstop Self Storage REIT during the 4th quarter worth about $31,000. Finally, Anchor Investment Management LLC bought a new stake in Smartstop Self Storage REIT during the 4th quarter worth about $31,000.

Smartstop Self Storage REIT Company Profile

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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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Insider Buying and Selling by Quarter for Smartstop Self Storage REIT (NYSE:SMA)

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