Smartstop Self Storage REIT (NYSE:SMA) Director Sells $13,506.50 in Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the firm’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $31.78, for a total transaction of $13,506.50. Following the completion of the transaction, the director directly owned 6,340 shares of the company’s stock, valued at approximately $201,485.20. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Smartstop Self Storage REIT Price Performance

Shares of Smartstop Self Storage REIT stock traded up $0.99 during trading on Friday, hitting $33.21. The stock had a trading volume of 741,524 shares, compared to its average volume of 905,620. The firm has a market cap of $1.84 billion and a price-to-earnings ratio of -89.75. Smartstop Self Storage REIT Inc has a 12 month low of $29.42 and a 12 month high of $39.77. The business’s 50-day moving average is $32.03 and its 200 day moving average is $32.94. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings data on Wednesday, February 25th. The healthcare company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.49). Smartstop Self Storage REIT had a negative net margin of 0.59% and a negative return on equity of 0.16%. The business had revenue of $78.45 million for the quarter. Smartstop Self Storage REIT’s revenue for the quarter was up 29.5% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.930-2.050 EPS.

Smartstop Self Storage REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.1315 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Thursday, April 30th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is -440.54%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. bought a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth approximately $3,155,000. New York State Common Retirement Fund purchased a new position in Smartstop Self Storage REIT in the 2nd quarter worth $326,000. Quantbot Technologies LP purchased a new position in Smartstop Self Storage REIT in the 2nd quarter worth $377,000. Invesco Ltd. bought a new stake in Smartstop Self Storage REIT in the second quarter worth $602,000. Finally, Marshall Wace LLP bought a new stake in Smartstop Self Storage REIT in the second quarter worth $830,000.

Wall Street Analysts Forecast Growth

SMA has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Robert W. Baird cut their price target on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. decreased 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 report on Monday, March 23rd. Stifel Nicolaus lowered their price objective on shares of Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Truist Financial dropped their price objective on shares of Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and a consensus price target of $37.25.

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.