Smartstop Self Storage REIT Inc (SMA) to Issue Monthly Dividend of $0.14 on June 15th

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Friday, May 1st. Investors of record on Friday, May 29th will be given a dividend of 0.1359 per share by the healthcare company on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. This is a 3.3% increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13.

Smartstop Self Storage REIT Price Performance

NYSE:SMA opened at $30.95 on Wednesday. The business’s 50-day moving average price is $31.40 and its 200 day moving average price is $32.03. The firm has a market cap of $1.71 billion and a P/E ratio of 206.33. Smartstop Self Storage REIT has a 52-week low of $29.41 and a 52-week high of $39.77. The company has a quick ratio of 5.33, a current ratio of 5.33 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last released its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $78.31 million for the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s revenue 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, sell-side analysts predict that Smartstop Self Storage REIT will post 2.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on SMA. Stifel Nicolaus lowered their target price on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating on the stock in a report on Thursday, February 26th. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Wall Street Zen raised Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Robert W. Baird decreased their price target on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Smartstop Self Storage REIT has a consensus rating of “Moderate Buy” and a consensus price target of $36.94.

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.