Baird Maintains SmartStop Self Storage REIT(SMA.US) With Buy Rating, Cuts Target Price to $36
Baird has reiterated its Buy rating on SmartStop Self Storage REIT (SMA.US) but has adjusted its price target downwards to $36. This indicates a continued positive outlook on the company despite a revised valuation.
Smartstop Self Storage REIT Inc (NYSE:SMA) Announces Monthly Dividend of $0.14
SmartStop Self Storage REIT Inc (NYSE: SMA) has declared a monthly dividend of $0.1359 per share, marking a 3.3% increase from its previous dividend. This results in an annualized dividend of $1.63 per share, offering a 5.0% yield. The company's shares recently traded at $32.44, with a market capitalization of $1.80 billion, following a mixed earnings report where EPS missed analyst consensus but revenue reached $79.28 million.
SmartStop Self Storage REIT announces October dividend of $0.13589041 per share
SmartStop Self Storage REIT declared a monthly cash dividend of $0.13589041 per share for October 2026, payable on November 13, 2026, to shareholders of record as of October 30, 2026. This dividend reflects a targeted annualized yield of 4.9%. The company, profitable over the last year, saw strong Q2 2026 results with increased revenue and net operating income, though BMO Capital downgraded its stock due to concerns about Canadian operations.
SmartStop Self Storage RE Declares October Dividend Targeting $1.60 Annualized
SmartStop Self Storage REIT (SMA) has announced an October dividend targeting an annualized payout of $1.60 per share. The dividend per common share is $0.13589041, with a record date of October 30, 2026, and a payment date of November 13, 2026. This information is based on an SEC filing from October 1, 2026.
SmartStop Self Storage REIT, Inc. Declares Dividend for the Month of October 2026, Payable on November 13, 2026
SmartStop Self Storage REIT, Inc. announced that its Board of Directors declared a dividend for October 2026 of $0.13589041 per share, targeting an annualized dividend of $1.60 per share. The record date for this dividend is October 30, 2026, and the payment date is November 13, 2026. This dividend declaration continues the company's regular distributions to shareholders.
Smartstop Self Storage REIT Inc (NYSE:SMA) Receives Consensus Rating of "Moderate Buy" from Analysts
Analysts have issued a "Moderate Buy" consensus rating for Smartstop Self Storage REIT Inc (NYSE:SMA), with an average 12-month price target of $37.08, exceeding its current share price of $32.20. The company reported quarterly EPS of $0.20, missing consensus estimates, and revenue of $79.28 million, and has issued fiscal 2026 EPS guidance between $1.98 and $2.04. SmartStop recently reduced its monthly dividend to $0.1315 per share, resulting in a 4.9% yield and a payout ratio of 319.61%.
Icm Bluebird Canadian Self Storage Lp and Smartstop Self Storage Reit, Inc. Announce Agreement for Strategic Joint Venture
ICM Bluebird Canadian Self Storage LP and SmartStop Self Storage REIT, Inc. have announced a strategic joint venture. SmartStop will commit up to $300 million in capital, acquiring an interest in the Fund's general partner to support acquisitions and expansion across Canada. The Fund will be rebranded as "Strategic Storage Canada LP" following regulatory approvals and other closing conditions.
Form 8K SmartStop Self Storage REIT Inc For: 29 September By Investing.com
This article reports on a Form 8K filing by SmartStop Self Storage REIT Inc for September 29th. The content is brief, primarily serving as a notice of the SEC filing, and is accompanied by various market data and other news headlines.
SmartStop Expands Canada footprint with ~$140M investments, raises 2026 FFO and same-store guidance
SmartStop has expanded its North American portfolio with approximately $140 million in strategic investments, including a significant move into the Canadian market through a joint venture and the acquisition of two U.S. properties. Concurrently, the company has raised its full-year 2026 guidance for same-store revenue, same-store NOI, and FFO per share. These developments were funded through ATM forward equity and a CAD $200 million Maple Bond, maintaining a leverage-neutral position.
SmartStop Self Storage REIT to Invest $140M Across Canada and the U.S. by Year-End
SmartStop Self Storage REIT Inc. announced plans to invest $140 million by year-end across Canada and the U.S., encompassing a Canadian joint venture fund, two U.S. acquisitions, and six U.S. development projects. The company will also sell $75 million to $125 million worth of underperforming properties to fund these investments. This strategic expansion aims to increase SmartStop's footprint and operating efficiencies in core markets.
About half occupied, 14 Canadian storage properties are part of SmartStop (SMA)'s pending joint venture.
SmartStop Self Storage REIT, Inc. (SMA) has announced approximately $140 million in strategic investments across Canada and the United States, including a CAD $74 million (USD $54 million) Canadian joint venture. This joint venture involves 14 self-storage properties, approximately 50% physically occupied, positioning SmartStop as Canada's third-largest self-storage operator. The company also raised its 2026 adjusted FFO guidance and expects these transactions to be accretive to FFO per share in 2027.
ICM Bluebird Canadian Self Storage LP Announces Agreement for Strategic Joint Venture with SmartStop Self Storage REIT, Inc.
ICM Bluebird Canadian Self Storage LP has announced a strategic joint venture with SmartStop Self Storage REIT, Inc., involving a capital commitment of up to $300 million from SmartStop. This partnership aims to support the Fund's expansion across Canada, with SmartStop acquiring an interest in the Fund's general partner and assuming property management responsibilities. The Fund will be renamed "Strategic Storage Canada LP," and existing partner Bluebird Self Storage will acquire interests in several property-level partnerships.
SmartStop Self Storage REIT, Inc. Chairman and CEO H. Michael Schwartz to Speak at the 12th Annual Evercore ISI Storage Symposium
SmartStop Self Storage REIT, Inc. announced that its Chairman and CEO, H. Michael Schwartz, will participate in the Public REIT CEO Panel at the 12th Annual Evercore ISI Storage Symposium on September 30, 2026. The symposium brings together self-storage operators, brokerage professionals, and institutional investors to discuss industry trends and the sector's outlook. SmartStop operates a large portfolio of self-storage facilities across the U.S. and Canada.
SmartStop Raises 2026 Adjusted FFO Guidance
SmartStop Self Storage REIT announced on Tuesday that it has raised its full-year 2026 adjusted funds from operations (FFO) guidance. The specific details of the updated guidance require a premium subscription to MT Newswires for full access.
SmartStop Self Storage REIT, Inc. Chairman and CEO H. Michael Schwartz to Speak at the 12th Annual Evercore ISI Storage Symposium
SmartStop Self Storage REIT, Inc. announced that its Chairman and CEO, H. Michael Schwartz, will participate in the Public REIT CEO Panel at the 12th Annual Evercore ISI Storage Symposium. The event, scheduled for September 30, 2026, in New York City, will bring together industry leaders to discuss key themes, operating fundamentals, and the outlook for the self-storage sector. SmartStop, an internally managed REIT, owns or manages a large portfolio of self-storage properties across the United States and Canada.
JPMorgan Chase & Co. Issues Positive Forecast for Smartstop Self Storage REIT (NYSE:SMA) Stock Price
JPMorgan Chase & Co. raised its price target for Smartstop Self Storage REIT (NYSE:SMA) to $34 from $33, maintaining an "underweight" rating but suggesting a 4.44% upside. Despite this, the company reported a quarterly EPS miss, coming in at $0.20 against a $0.49 consensus, though revenue reached $79.28 million. Analyst sentiment for SMA is generally a "Moderate Buy," with an average price target of $37.08.
Smartstop Self Storage REIT (NYSE:SMA) Director Sells $13,621.25 in Stock
Smartstop Self Storage REIT (NYSE:SMA) Director David Mueller sold 425 shares of the company's stock for $13,621.25, reducing his holdings by over 9%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan. Despite missing recent EPS estimates, the company declared a monthly dividend, and analysts maintain a "Moderate Buy" rating with a consensus price target of $36.86.
Director plans 425-share sale in SmartStop (SMA)
SmartStop Self Storage REIT director David J. Mueller has filed a Rule 144 notice to sell 425 shares of common stock, valued at $13,621.25. This planned sale follows similar monthly sales reported over the past three months, where Mueller sold 425 shares each in June, July, and August 2026. The shares originated from restricted stock that vested in September 2020.
SmartStop Self Storage REIT posts stable occupancy, mixed rate trends for same-store portfolio
SmartStop Self Storage REIT (SMA) reported stable same-store physical occupancy at 92.4% as of August 31, 2026, slightly down from 92.7% the previous year. While occupancy in the Greater Toronto Area improved, monthly web rates and move-in rates declined, indicating softer advertised pricing. However, in-place rates saw a slight increase, reflecting mixed rate trends.
SmartStop Self Storage REIT Reports August 2026 Same-Store Operating Metrics
SmartStop Self Storage REIT, Inc. released its August 2026 same-store operating metrics, showing a slight decrease in overall physical occupancy but an increase in its Canadian portfolio. While monthly web rates and move-in rates saw declines, monthly in-place rates increased. This data provides insight into the company's performance compared to August 2025.
August occupancy and rental rates at SmartStop (SMA)
SmartStop Self Storage REIT (SMA) released its August 2026 operating metrics, showing a slight decrease in overall same-store physical occupancy to 92.4% from 92.7% last year. However, its Greater Toronto Area portfolio saw an increase in occupancy to 92.9% from 92.2%. The report also detailed changes in monthly web, move-in, and in-place rental rates for its same-store properties.
63,050 Shares in Smartstop Self Storage REIT Inc $SMA Purchased by Public Employees Retirement System of Ohio
The Public Employees Retirement System of Ohio has acquired 63,050 shares of Smartstop Self Storage REIT Inc (NYSE:SMA), valued at approximately $2.05 million, representing a 0.11% stake. Other institutional investors also initiated positions in the second quarter. Despite missing EPS estimates, analysts maintain a "Moderate Buy" consensus rating with an average price target of $36.86, and the company recently declared a monthly dividend implying a 4.8% annualized yield.
Irenic Capital Management LP Takes Position in Smartstop Self Storage REIT Inc $SMA
Irenic Capital Management LP has acquired a new stake of 876,608 shares in Smartstop Self Storage REIT Inc (NYSE:SMA), valued at approximately $28.5 million, making it their 18th largest holding. This comes as SmartStop reported Q2 EPS of $0.20, missing analyst estimates, and announced a monthly dividend of $0.1315, representing a 4.8% yield with an elevated payout ratio. Several analysts have issued "Moderate Buy" ratings with an average target price of $36.86 for the stock.
SmartStop Self Storage REIT Announces September 2026 Monthly Dividend of $0.1315 Per Share
SmartStop Self Storage REIT, Inc. has announced a monthly dividend of $0.13150685 per common share for September 2026, targeting an annualized dividend of $1.60 per share. The dividend was approved by the Board of Directors on September 3, 2026. Shareholders recorded by September 30, 2026, will receive payment on October 15, 2026.
Smartstop Self Storage Reit, Inc. Declares Dividend for the Month of September 2026, payable on October 15, 2026
SmartStop Self Storage REIT, Inc. declared a dividend for September 2026, reflecting a targeted annualized dividend of $1.60 per share. The dividend of $0.13150685 per share of Common Stock will be payable on October 15, 2026, to stockholders of record as of September 30, 2026. This announcement was made by the Board of Directors on September 3, 2026.
Wells Fargo Maintains SmartStop Self Storage REIT(SMA.US) With Hold Rating, Raises Target Price to $35
Wells Fargo has reiterated its "Hold" rating for SmartStop Self Storage REIT (SMA.US) and increased its price target to $35. This indicates a continued neutral outlook on the stock's performance by the financial institution.
BMO Capital Downgrades SmartStop Self Storage REIT to Market Perform, Price Target is $38
BMO Capital has downgraded SmartStop Self Storage REIT (SMA) to "Market Perform" from its previous rating, setting a new price target of $38. This adjustment reflects a revised outlook on the company's stock performance. The article also provides recent news about SmartStop, including its latest earnings, dividend announcements, and other analyst adjustments.
ETFs Investing in SmartStop Self Storage REIT, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of SmartStop Self Storage REIT, Inc. The ETFs are sorted by market value and provide details such as issuer, management style, focus, expense ratio, and AUM, making it easier for investors to explore related investment opportunities. The list includes both passive and active ETFs, covering real estate, small-cap, and multi-strategy focuses.
National Bank Financial Issues Positive Forecast for Smartstop Self Storage REIT (NYSE:SMA) Stock Price
National Bank Financial has increased its price target for Smartstop Self Storage REIT (NYSE:SMA) to $39.25, maintaining an "outperform" rating and implying a 13.89% upside. This positive forecast aligns with a "Moderate Buy" consensus rating among analysts. Despite the increased price target and analyst optimism, the company recently reported a quarterly EPS of $0.20, missing expectations of $0.49.
SmartStop Self Storage REIT (NYSE:SMA) Issues $200 Million Notes, Is The Stock Getting Pricey?
SmartStop Self Storage REIT (SMA) recently issued CAD $200 million in Series C Senior Unsecured Notes, following a period of strong share price momentum. While a popular narrative suggests the stock is 4.5% undervalued with a fair value of $36.10, its current P/E ratio of 67.9x is significantly higher than industry and peer averages, raising concerns about its valuation. Investors are advised to review the data directly to form their own investment stance.
SmartStop Self Storage REIT Finalizes CAD $200 Million Senior Unsecured Notes Offering
SmartStop Self Storage REIT's operating partnership has successfully completed a CAD $200 million private placement of 4.317% Senior Unsecured Notes, maturing on February 18, 2031. These notes, rated BBB (Stable) by Morningstar DBRS, were exclusively sold in Canada. The net proceeds from this offering will be used to repay existing debt and for general corporate purposes.
Smartstop Self Storage REIT (NYSE:SMA) General Counsel Nicholas Look Sells 1,025 Shares of Stock
Smartstop Self Storage REIT's General Counsel, Nicholas Look, sold 1,025 shares of the company's stock for $35,219, reducing his holdings by 63.55% to 588 shares. This insider transaction comes as the company reported an EPS of $0.20, missing analyst estimates, but also declared a monthly dividend of $0.1359, resulting in a 4.8% annualized yield. Analysts currently maintain a "Moderate Buy" consensus rating for SMA with an average price target of $36.47.
Smartstop Self Storage REIT (NYSE:SMA) Director David Mueller Sells 425 Shares of Stock
Smartstop Self Storage REIT Director David Mueller sold 425 shares of the company's stock for $14,322.50, reducing his ownership by 8.39%. This transaction was part of a pre-arranged Rule 10b5-1 trading plan. The company recently reported quarterly earnings that missed consensus estimates but maintains a "Moderate Buy" consensus rating from analysts with an average price target of $36.47, and also declared an increased monthly dividend.
SmartStop completes CAD 200M Maple Bond; 4.317% notes due 2031, rated BBB
SmartStop completed a CAD 200 million private placement of 4.317% senior unsecured notes due February 18, 2031. These Series C notes were sold at par, with interest paid semiannually starting February 2027, and are guaranteed by SmartStop and its subsidiaries, carrying a BBB (Stable) rating from Morningstar DBRS. The net proceeds will be used to repay existing debt, including revolver draws, and for general corporate purposes.
SmartStop Self Storage closes CAD $200M bond offering
SmartStop Self Storage REIT, Inc. has successfully closed a CAD $200 million senior unsecured notes offering. These notes, maturing on February 18, 2031, carry an interest rate of approximately 4.317% per annum. The proceeds were primarily used to refinance existing debt and for general corporate purposes, significantly addressing the company's 2026 debt maturities.
SmartStop REIT (SMA) taps C$200M bond to refinance 2026 debt
SmartStop Self Storage REIT, Inc. (SMA) has completed a private placement of C$200 million in 4.317% Series C Senior Unsecured Notes due February 18, 2031, in Canada. This "Maple Bond" is rated BBB (Stable) by Morningstar DBRS and will be used to repay existing debt, including amounts from its revolving credit facility, and for general corporate purposes. The issuance helps refinance 2026 debt maturities and extends the term of the revolver, marking SmartStop's third such Canadian bond offering.
SmartStop Closes Canadian Maple Bond Offering for CAD $200 Million
SmartStop Self Storage REIT, Inc. has successfully closed its third Canadian Maple Bond offering, securing CAD $200 million in Series C Senior Unsecured Notes due February 18, 2031. These notes, bearing an interest rate of approximately 4.317% per annum, will be used to repay existing debt and for general corporate purposes. This strategic move substantially completes the refinance of their 2026 debt maturities and extends their debt maturity ladder.
SmartStop Self Storage REIT (NYSE: SMA) insider to sell 425 shares
David J. Mueller, an insider at SmartStop Self Storage REIT (NYSE: SMA), plans to sell 425 shares of common stock valued at $14,322.50 through Fidelity Brokerage Services LLC. The shares were originally acquired via restricted stock vesting in 2020. This Form 144 filing also discloses three previous sales of 425 shares each in May, June, and July 2026.
T. Rowe Price Associates (SMA) reports 5.27M-share, 9.5% stake in SmartStop
T. Rowe Price Associates, Inc. has filed an Amendment No. 6 to report a 9.5% beneficial ownership stake in SmartStop Self Storage REIT, totaling 5,270,721 shares as of June 30, 2026. The firm holds sole voting power over 5,260,905 shares and sole dispositive power over all 5,270,721 shares. This filing explicitly states that it should not be construed as an admission of beneficial ownership by T. Rowe Price.
SmartStop Self Storage REIT (SMA) details Deca Initiative and 460-property platform
SmartStop Self Storage REIT (SMA) released an investor presentation detailing its business profile and strategic "Deca Initiative," a six-pillar growth strategy. The company operates a self-storage platform with 460 owned and managed properties across the U.S. and Canada, totaling 35.4 million square feet. SmartStop highlights its strong operational performance, including 3.7% same-store NOI growth in Q2 2026, and a conservative balance sheet with investment-grade ratings.
SmartStop Self Storage REIT Reports Second-Quarter 2026 Results
SmartStop Self Storage REIT Inc. announced positive financial results for the second quarter of 2026, with significant increases in revenue and net income. The company reported $65.8 million in revenue, a 1.9% rise in same-store annualized rent, and a 3.7% increase in same-store net operating income. SmartStop also expanded its portfolio by acquiring three self-storage facilities for $29.7 million and declared a common stock dividend of $0.20 per share.
Smartstop Self Storage REIT Inc (NYSE:SMA) Given Average Rating of "Moderate Buy" by Analysts
Smartstop Self Storage REIT Inc (NYSE:SMA) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $36.38. Institutional investors have increased their holdings, despite the company missing its recent quarterly earnings estimate with $0.20 per share against a $0.49 consensus. Smartstop also declared a monthly dividend of $0.1359 per share, representing an annualized yield of about 4.8%.
California State Teachers Retirement System Has $2.11 Million Stake in Smartstop Self Storage REIT Inc $SMA
The California State Teachers Retirement System significantly increased its stake in Smartstop Self Storage REIT Inc (NYSE:SMA) by 134.7% in the first quarter, now holding 69,654 shares valued at $2.11 million. Despite a recent earnings miss, analysts maintain a "Moderate Buy" consensus with an average price target of $36.38. The company also announced an increased monthly dividend, reflecting a 4.8% yield.
SmartStop Self Storage REIT Is Maintained at Outperform by National Bank
National Bank has maintained its "Outperform" rating for SmartStop Self Storage REIT. Additionally, the article mentions Unity Software's strong fourth-quarter financial results, with revenue increasing 35% year-over-year to $609 million, surpassing analyst estimates. However, Unity reported a quarterly loss of 66 cents per share.
Smartstop Self Storage REIT (NYSE:SMA) Price Target Raised to $38.50
National Bank Financial has increased its price target for Smartstop Self Storage REIT (NYSE:SMA) to $38.50 from $37.50, maintaining an "outperform" rating, which suggests a 12.59% upside. This comes despite the company missing its quarterly EPS consensus, reporting $0.20 against an expected $0.49. Several other firms also adjusted their ratings and price targets, contributing to a "Moderate Buy" average rating with a $36.38 target.
Smartstop Self Storage REIT Q2 Earnings Call Highlights
SmartStop Self Storage REIT reported strong Q2 operating results, including same-store revenue growth of 1.3%, a 3.4% reduction in operating expenses, and a 3.7% increase in same-store net operating income. The company raised portions of its full-year outlook, including FFO as adjusted guidance, and announced strategic acquisitions and initiatives aimed at long-term growth and margin expansion. Key factors included expense controls, increased density in certain markets, and a positive outlook for move-in rates later in the year.
Robert W. Baird Increases Smartstop Self Storage REIT (NYSE:SMA) Price Target to $37.00
Robert W. Baird has raised its price target for Smartstop Self Storage REIT (NYSE:SMA) from $36.00 to $37.00, while maintaining an "outperform" rating, indicating a potential upside of 7.57%. This adjustment comes despite the company missing its Q2 EPS consensus estimate, reporting $0.20 compared to an expected $0.49. Market sentiment for SMA is moderately bullish, with a consensus "Moderate Buy" rating and an average target price of $36.56 from various brokerages.
Quantinno Capital Management LP Raises Stake in Smartstop Self Storage REIT Inc $SMA
Quantinno Capital Management LP significantly increased its stake in Smartstop Self Storage REIT Inc. during the first quarter, now holding 93,930 shares valued at $2.84 million. The company has a "Moderate Buy" consensus rating from analysts, with an average price target of $36.44. Despite missing consensus EPS estimates for the quarter, Smartstop Self Storage REIT reported strong revenue and increased its monthly dividend.
Stifel Nicolaus Keeps Their Buy Rating on SmartStop Self Storage REIT, Inc. (SMA)
Stifel Nicolaus analyst Simon Yarmak has maintained a Buy rating on SmartStop Self Storage REIT, Inc. (SMA) and set a price target of $38.50. This comes as SmartStop Self Storage REIT reported strong quarterly revenues of $78.31 million and a net profit of $9.58 million for the quarter ending March 31. Other analysts, including Truist Financial's Michael Lewis, also issued a Buy rating, while Wells Fargo maintained a Hold rating.
SmartStop Self Storage REIT Releases Q2 2026 Financial Results
SmartStop Self Storage REIT (SMA) announced its Q2 2026 financial results, reporting adjusted FFO per share of $0.49, significantly beating the consensus estimate of $0.11. The company's revenue reached $79.3 million, an 18.6% increase year-over-year, with net income totaling $29.3 million. SmartStop also provided full-year 2026 EPS guidance between $1.98 and $2.04.
