Smartstop Self Storage REIT Inc (NYSE:SMA) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Smartstop Self Storage REIT Inc (NYSE:SMA) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $37.55.

A number of equities analysts have issued reports on SMA shares. JPMorgan Chase & Co. cut their price target on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Monday, March 23rd. Stifel Nicolaus cut their price target on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a research note on Thursday, February 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Smartstop Self Storage REIT in a research note on Friday, March 27th. Robert W. Baird cut 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 note on Wednesday, March 11th. Finally, Wells Fargo & Company downgraded Smartstop Self Storage REIT from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $41.00 to $33.00 in a research note on Thursday, February 5th.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Hedge funds have recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV acquired a new position in Smartstop Self Storage REIT during the 4th quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Smartstop Self Storage REIT during the 3rd quarter valued at about $26,000. Beacon Capital Management Inc. purchased a new position in shares of Smartstop Self Storage REIT in the 4th quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Smartstop Self Storage REIT in the 4th quarter worth approximately $27,000. Finally, Assetmark Inc. purchased a new position in shares of Smartstop Self Storage REIT in the 4th quarter worth approximately $31,000.

Smartstop Self Storage REIT Stock Up 0.4%

Shares of SMA traded up $0.12 during trading hours on Thursday, hitting $31.57. The stock had a trading volume of 35,818 shares, compared to its average volume of 922,515. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.87 and a quick ratio of 5.87. The firm has a 50 day simple moving average of $15,947.00 and a 200-day simple moving average of $15,348.21. The firm has a market capitalization of $1.75 billion and a P/E ratio of -85.32. Smartstop Self Storage REIT has a 1-year low of $29.42 and a 1-year high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last released its quarterly earnings results on Wednesday, February 25th. The healthcare company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.49). The company had revenue of $78.45 million for the quarter. Smartstop Self Storage REIT had a negative net margin of 0.59% and a negative return on equity of 0.16%. Smartstop Self Storage REIT’s quarterly revenue 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.

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.