Robert W. Baird Issues Pessimistic Forecast for Smartstop Self Storage REIT (NYSE:SMA) Stock Price

Smartstop Self Storage REIT (NYSE:SMA) had its price target decreased by analysts at Robert W. Baird from $37.00 to $36.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the healthcare company’s stock. Robert W. Baird’s target price suggests a potential upside of 11.54% from the stock’s current price.

A number of other equities research analysts have also recently commented on SMA. Raymond James Financial started coverage on Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective for the company. JPMorgan Chase & Co. upped their target price on Smartstop Self Storage REIT from $33.00 to $34.00 and gave the stock an “underweight” rating in a research report on Monday, September 21st. Truist Financial set a $33.00 target price on Smartstop Self Storage REIT in a report on Thursday. BMO Capital Markets downgraded shares of Smartstop Self Storage REIT from an “outperform” rating to a “market perform” rating and set a $38.00 price target for the company. in a research report on Thursday, August 27th. Finally, Wells Fargo & Company boosted their price target on shares of Smartstop Self Storage REIT from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 1st. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $36.42.

Smartstop Self Storage REIT Price Performance

SMA stock opened at $32.27 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.28 and a quick ratio of 5.28. The company’s 50-day moving average is $33.24 and its 200-day moving average is $32.40. The stock has a market capitalization of $1.79 billion, a PE ratio of 63.28 and a beta of 0.48. Smartstop Self Storage REIT has a 1 year low of $29.41 and a 1 year high of $38.69.

Smartstop Self Storage REIT (NYSE:SMA) last issued its earnings results on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. The firm had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Equities research analysts expect that Smartstop Self Storage REIT will post 2.02 EPS for the current fiscal year.

Insider Activity at Smartstop Self Storage REIT

In other news, General Counsel Nicholas Look sold 1,025 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $34.36, for a total value of $35,219.00. Following the transaction, the general counsel owned 588 shares in the company, valued at $20,203.68. This trade represents a 63.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 1,875 shares of company stock valued at $63,163 over the last three months. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On Smartstop Self Storage REIT

Institutional investors have recently bought and sold shares of the stock. Anchor Investment Management LLC purchased a new stake in Smartstop Self Storage REIT in the 4th quarter valued at $31,000. Strategic Advocates LLC purchased a new position in Smartstop Self Storage REIT during the 4th quarter worth $33,000. Compass Financial Management LLC purchased a new position in Smartstop Self Storage REIT during the 2nd quarter worth $38,000. KBC Group NV bought a new stake in shares of Smartstop Self Storage REIT in the 1st quarter worth $49,000. Finally, Assetmark Inc. grew its stake in shares of Smartstop Self Storage REIT by 68.0% in the 1st quarter. Assetmark Inc. now owns 1,704 shares of the healthcare company’s stock worth $52,000 after acquiring an additional 690 shares in the last quarter.

Smartstop Self Storage REIT Company Profile

SmartStop Self Storage REIT, Inc (NYSE:SMA) is a real estate investment trust focused on the ownership, operation and management of self-storage facilities. The company provides storage space for residential, commercial and other customers, with offerings that may include traditional storage units, climate-controlled units, vehicle storage and related tenant services.

SmartStop operates under the SmartStop Self Storage brand and serves customers across the United States and Canada. Its facilities generally provide online reservations and payments, electronic access, moving and packing supplies, and other convenience-oriented services.