Smartstop Self Storage REIT Inc to Issue Monthly Dividend of $0.13 (NYSE:SMA)

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Friday, May 29th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.1315 per share by the healthcare company on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Smartstop Self Storage REIT Stock Performance

Shares of SMA stock opened at $33.44 on Friday. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86. The firm has a fifty day simple moving average of $31.78 and a two-hundred day simple moving average of $31.93. Smartstop Self Storage REIT has a 12 month low of $29.41 and a 12 month high of $39.77. The firm has a market capitalization of $1.85 billion, a PE ratio of 222.96 and a beta of 0.68.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm 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. Analysts forecast that Smartstop Self Storage REIT will post 2.01 EPS for the current fiscal year.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Smartstop Self Storage REIT by 13.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock worth $182,972,000 after buying an additional 710,871 shares during the period. Vanguard Group Inc. boosted its position in Smartstop Self Storage REIT by 122.2% during the 4th quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock valued at $110,670,000 after buying an additional 1,967,321 shares during the period. Principal Financial Group Inc. boosted its position in Smartstop Self Storage REIT by 25.6% during the 1st quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock valued at $78,611,000 after buying an additional 528,974 shares during the period. Wellington Management Group LLP grew its holdings in Smartstop Self Storage REIT by 18.3% in the 4th quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock worth $43,763,000 after acquiring an additional 218,386 shares during the last quarter. Finally, Goldentree Asset Management LP grew its holdings in Smartstop Self Storage REIT by 24.5% in the 3rd quarter. Goldentree Asset Management LP now owns 1,181,767 shares of the healthcare company’s stock worth $44,393,000 after acquiring an additional 232,466 shares during the last quarter.

About Smartstop Self Storage REIT

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.