Nicholas Look Sells 1,025 Shares of Smartstop Self Storage REIT (NYSE:SMA) Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) General Counsel Nicholas Look sold 1,025 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $34.36, for a total value of $35,219.00. Following the sale, the general counsel owned 588 shares in the company, valued at approximately $20,203.68. The trade was a 63.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Smartstop Self Storage REIT Trading Up 1.0%

Shares of SMA stock opened at $34.48 on Thursday. The company has a market cap of $1.91 billion, a P/E ratio of 67.61 and a beta of 0.50. The stock has a 50 day simple moving average of $33.50 and a two-hundred day simple moving average of $32.41. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.28 and a current ratio of 5.28. Smartstop Self Storage REIT Inc has a fifty-two week low of $29.41 and a fifty-two week high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings results on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.29). The business had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Research analysts forecast that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.1359 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, August 31st. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. Smartstop Self Storage REIT’s dividend payout ratio is presently 319.61%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new position in shares of Smartstop Self Storage REIT in the second quarter valued at $2,049,000. Capital Square LLC bought a new stake in shares of Smartstop Self Storage REIT during the second quarter worth about $408,000. Compass Financial Management LLC acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth about $38,000. Rockland Trust Co. acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth about $208,000. Finally, Western Wealth Management LLC bought a new position in Smartstop Self Storage REIT in the 1st quarter valued at about $153,000.

Analyst Upgrades and Downgrades

SMA has been the subject of several research analyst reports. Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price target for the company. Robert W. Baird raised their target price on Smartstop Self Storage REIT from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings raised Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. National Bank Financial upped their price target on Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Smartstop Self Storage REIT currently has an average rating of “Moderate Buy” and an average target price of $36.47.

Key Smartstop Self Storage REIT News

Here are the key news stories impacting Smartstop Self Storage REIT this week:

• Positive Sentiment: National Bank Financial raised its price target for SmartStop Self Storage REIT to $39.25 from $38.50 and maintained an “outperform” rating. Robert W. Baird also increased its target to $37, reinforcing the generally favorable analyst outlook for SMA. National Bank Financial analyst update
• Positive Sentiment: The company declared a monthly dividend of $0.1359 per share, representing an annualized yield of approximately 4.8%. The income component may appeal to REIT investors, though the reported payout ratio remains elevated. SmartStop dividend and insider information
• Neutral Sentiment: SmartStop completed a CAD $200 million Canadian Maple bond offering through senior unsecured notes. The proceeds add financial flexibility and diversify funding sources, but the issuance also increases leverage and introduces currency and interest-rate exposure. SmartStop Canadian Maple bond offering
• Negative Sentiment: General Counsel Nicholas Look sold 1,025 shares for approximately $35,219, reducing his direct holdings by 63.55%. Director David Mueller also sold 425 shares for $14,323, reducing his position by 8.39%. Mueller’s transaction occurred under a pre-arranged Rule 10b5-1 plan, making it a less significant bearish signal, but the combined insider selling could weigh on sentiment. SmartStop insider stock sales
• Negative Sentiment: SmartStop’s latest quarterly EPS of $0.20 missed the $0.49 consensus estimate, highlighting execution and earnings risks despite full-year 2026 EPS guidance of $1.98 to $2.04.

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.