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 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 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 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 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.
SmartStop Self Storage REIT Crushes Q2 2026 Profit Estimates
SmartStop Self Storage REIT (NYSE: SMA) reported an exceptional Q2 2026 performance, significantly surpassing profit estimates with an adjusted FFO per share of $0.49 against a consensus of $0.11, and revenue reaching $79.3M. The company's revenue growth of 18.6% highlights strong operational momentum and demand in the self-storage sector, with management providing confident FY 2026 adjusted FFO per share guidance. Following the announcement, the company's stock jumped 3.7%, reflecting positive investor and analyst sentiment.
Janus Henderson Group PLC Lowers Stock Position in Smartstop Self Storage REIT Inc $SMA
Janus Henderson Group PLC significantly reduced its stake in Smartstop Self Storage REIT Inc ($SMA) by 40.3% in the first quarter of 2026, selling 166,106 shares but still retaining a substantial holding valued at $7.45 million. Despite this reduction, analyst sentiment for Smartstop remains largely positive, with a "Moderate Buy" consensus rating and an average price target of $36.44. The company also reported strong quarterly earnings, beating estimates with EPS of $0.49 and revenue of $78.31 million, and raised its monthly dividend.
Is SmartStop Self Storage REIT (SMA) A Bargain As Earnings And Dividend News Lands?
SmartStop Self Storage REIT (SMA) recently announced its August monthly dividend and reported Q2 and H1 2026 earnings on August 5, 2026. The stock is currently trading at US$33.85 and is considered modestly undervalued with a narrative fair value of $36.10, driven by anticipated higher revenue growth and fee income due to its expanded operating footprint. Investors are encouraged to review the underlying facts and consider other investment opportunities.
Press Release: SmartStop Self Storage REIT, Inc. Reports Second Quarter 2026 Results
SmartStop Self Storage REIT, Inc. has released its financial results for the second quarter of 2026. The company reported its performance, indicating key financial metrics and operational highlights for the period.
SmartStop Self Storage REIT Releases Q2 2026 Financial Results
SmartStop Self Storage REIT, Inc. (SMA) reported strong Q2 2026 financial results, with diluted FFO per share and OP unit outstanding 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. SmartStop also provided positive guidance for FY 2026 adjusted EPS, ranging from $1.98 to $2.04.
Earnings call transcript: SmartStop Self Storage posts strong Q2 2026 gains
SmartStop Self Storage reported strong second-quarter 2026 results, with same-store revenue up 1.3%, operating expenses down 3.4%, and NOI rising 3.7%. FFO as adjusted per share climbed 17.6% to $0.49, leading the company to raise its full-year guidance for several key metrics. Management emphasized its DECA initiative for long-term value creation and discussed successful strategies like property clustering in key markets such as Denver, which has improved operational efficiency and margins.
SmartStop Self Storage REIT, Inc. Declares Cash Dividend for the Month of August 2026, Payable on September 15, 2026
SmartStop Self Storage REIT, Inc. announced a cash dividend of $0.13589041 for August 2026, reflecting a targeted annualized dividend of $1.60 per share. The dividend will be payable on September 15, 2026, to shareholders of record as of August 31, 2026. This declaration was made by the Board of Directors on August 4, 2026.
SmartStop Self Storage raises FY26 FFO guidance to $1.98-$2.04, beats $1.99 estimate
SmartStop Self Storage REIT has increased its full-year 2026 FFOa per share guidance to $1.98-$2.04, exceeding the analyst estimate of $1.99. This upward revision follows a strong second quarter performance with a 17.6% year-over-year increase in FFOa per share and significant operating margin expansion. The company also made strategic acquisitions and announced a merger between two of its managed REITs, further solidifying its market position.
SmartStop Q2 FY26 FFO as adjusted per diluted share rises 16.67% to $0.49; self storage-related revenue increases to $65.8 million
SmartStop Self Storage REIT reported strong Q2 FY26 results, with GAAP net income of $11.2 million and FFO, as adjusted per diluted share, rising 16.7% to $0.49. The company's total self storage-related revenues increased by 8.1% to $65.8 million, and same-store NOI climbed 3.7%. SmartStop also raised its full-year 2026 guidance for same-store NOI growth and FFO, as adjusted per diluted share.
Press Release: SmartStop Self Storage REIT, Inc. Reports Second Quarter 2026 Results
SmartStop Self Storage REIT, Inc. has released its financial results for the second quarter of 2026. The report details the company's performance, including key financial metrics and operational achievements during the quarter. This announcement provides stakeholders with an update on the REIT's current financial health and strategic progress.
August dividend for SmartStop Self Storage (NYSE: SMA) detailed
SmartStop Self Storage REIT, Inc. (NYSE: SMA) has declared a monthly cash dividend for August 2026 of $0.13589041 per share, reflecting a targeted annualized dividend of $1.60 per share. The record date for this dividend is August 31, 2026, and it will be paid on September 15, 2026, to stockholders of record on that date. This announcement outlines the company's regular dividend distribution for the month.
SMA: FFOa per share rose 17.6% year-over-year, with raised 2026 guidance and strong acquisition activity
SmartStop Self Storage REIT, Inc. (SMA) reported a strong Q2 2026, with FFOa per share increasing 17.6% year-over-year and improved net income and operating margins. The company raised its full-year guidance for NOI and FFOa, deployed over $46 million in acquisitions, and maintained robust occupancy and rent per square foot. This positive performance is detailed in their SEC 8-K Current Report.
SMA Stock Price and Chart — NYSE:SMA
This article provides a comprehensive overview of SmartStop Self Storage REIT, Inc. (NYSE: SMA) stock, including its current price, market capitalization, financial performance, and analyst ratings. It details key statistics such as dividend yield, P/E ratio, and recent earnings, along with a summary of the Q2 2026 earnings call. The article also lists ETFs holding SMA stock and answers frequently asked questions regarding its stock performance and future outlook.
Smartstop Self Storage REIT Inc Q2 2026 Earnings Call Summary
SmartStop Self Storage REIT Inc. announced its Q2 2026 earnings, highlighting strong performance driven by its DECA initiative, expense control, and strategic capital allocation. The company raised its guidance for same-store revenue and NOI, with continued focus on expansion in both U.S. and Canadian markets despite increasing competition. Key operational strategies include clustering properties for efficiency, leveraging its managed REIT platform, and focusing on off-market acquisitions.
Vanguard Capital Management (SMA) reports 2.83M-share, 5.11% position in Smartstop
Vanguard Capital Management has reported a beneficial ownership of 2,833,393 shares of Smartstop Self Storage REIT Inc common stock, which represents a 5.11% stake in the company. Vanguard holds sole voting power over 466,340 shares and sole dispositive power over all 2,833,393 shares. This position includes holdings from various Vanguard-managed funds and client accounts, with no single other person holding more than 5% interest.
Smartstop Self Storage REIT Inc's Dividend Analysis
Smartstop Self Storage REIT Inc (NYSE:SMA) has declared a $0.14 per share dividend, with an ex-dividend date of July 31, 2026. While the company offers a competitive monthly dividend yield of 4.78% and strong revenue growth, its dividend sustainability is questioned due to a high payout ratio of 8.00 and inconsistent profitability, including negative EPS growth. Investors are advised to weigh the income potential against the risk of a potential dividend cut.
Cetera Investment Advisers Decreases Stake in Smartstop Self Storage REIT Inc $SMA
Cetera Investment Advisers reduced its holdings in SmartStop Self Storage REIT Inc. by 29.3% in the first quarter, selling over 130,000 shares. Despite this, other major institutional investors like Vanguard and State Street increased their stakes. SmartStop Self Storage REIT Inc. reported strong quarterly earnings, beating estimates, and increased its monthly dividend, leading to a "Moderate Buy" consensus from analysts.
Maverick Capital Ltd. Reduces Holdings in Smartstop Self Storage REIT Inc $SMA
Maverick Capital Ltd. significantly reduced its stake in Smartstop Self Storage REIT Inc by 85.8% in the first quarter, selling 136,980 shares and holding 22,583 shares valued at $684,000. Other institutional investors like Rossby Financial LCC and Arax Advisory Partners either boosted or lifted their positions in the company. Smartstop Self Storage REIT Inc recently reported strong earnings, beating analyst estimates, and increased its monthly dividend.
SmartStop Self Storage Number of Employees 2026 | Employee Count & Headcount Data
SmartStop Self Storage REIT, Inc. (SMA) has approximately 1,008 employees worldwide as of March 2026, marking an 11.7% growth from 902 employees in 2023. The company is actively hiring, with 206 job postings in 2026, a 27.0% increase from 2025. The workforce is primarily based in North America (99.8%), with an average annual salary of $54.7k.
SmartStop® Self Storage Named as a Founding Partner for the Ontario Honda Dealers Indy at Markham
SmartStop Self Storage has been named a founding partner for the inaugural Ontario Honda Dealers Indy at Markham, set for August 14-16. This multi-year agreement strengthens SmartStop's five-year commitment to the event and highlights its growing presence in the Greater Toronto Area as the largest self-storage operator. The partnership aims to establish the Markham Indy as a premier NTT INDYCAR SERIES event, supporting SmartStop's expansion strategy in Canada.
Smartstop Self Storage REIT (NYSE:SMA) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says
Wells Fargo & Company has raised its price target for Smartstop Self Storage REIT (NYSE:SMA) from $32 to $33, maintaining an "equal weight" rating, though this still implies a potential 4.68% downside. The stock saw a 2.7% increase to $34.62 following better-than-expected quarterly earnings and revenue growth. Analyst sentiment remains largely positive, with a "Moderate Buy" consensus and an average price target of $36.44.
Hsbc Holdings PLC Acquires Shares of 95,746 Smartstop Self Storage REIT Inc $SMA
HSBC Holdings PLC initiated a new position in Smartstop Self Storage REIT Inc. (NYSE:SMA) during the first quarter, purchasing 95,746 shares valued at approximately $2.9 million. This acquisition represents 0.17% of the company. Smartstop Self Storage REIT reported strong quarterly results, exceeding EPS and revenue estimates, and subsequently raised its FY 2026 guidance and increased its monthly dividend, leading to a "Moderate Buy" consensus rating from analysts.
Conversant Capital LLC Takes $25.97 Million Position in Smartstop Self Storage REIT Inc $SMA
Conversant Capital LLC has acquired a new position in Smartstop Self Storage REIT Inc (NYSE:SMA), purchasing 857,715 shares valued at approximately $25.97 million, making it their fifth largest holding. Other institutional investors like JPMorgan Chase, Invesco, and Marshall Wace also initiated or increased positions. Smartstop Self Storage REIT has a "Moderate Buy" analyst rating, an average price target of $36.44, recently beat earnings estimates, and increased its monthly dividend to $0.1359 per share.
SmartStop Self Storage REIT, Inc. Revenue Breakdown – NYSE:SMA
SmartStop Self Storage REIT, Inc. (NYSE: SMA) generated a total revenue of $238.50 million USD last year. The Self Storage segment was the top performer, contributing $249.51 million USD, an increase from $218.98 million USD in the previous year. The United States and Canada were the primary contributors to revenue, bringing in $281.14 million USD last year.
Wells Fargo Sticks to Its Hold Rating for SmartStop Self Storage REIT, Inc. (SMA)
Wells Fargo analyst Eric Luebchow maintained a Hold rating on SmartStop Self Storage REIT, Inc. (SMA) with a price target of $33.00. The analyst's rating comes as the company reported a quarterly revenue of $78.31 million and a net profit of $9.58 million for the quarter ending March 31. The analyst consensus for SmartStop Self Storage REIT, Inc. is currently a Moderate Buy with an average price target of $35.79.
SmartStop Self Storage REIT, Inc. Adds Inaugural Canadian Managed Facility to its Third-Party Management Platform
SmartStop Self Storage REIT, Inc. has expanded its third-party management platform into Canada with the addition of an 80,910-square-foot facility in Aurora, Ontario. This marks the company's first managed property in Canada and strengthens its presence in the Greater Toronto Area. SmartStop's CEO emphasized the trust owners place in their sophisticated revenue management, marketing, and operational expertise to maximize investment.
SmartStop Self-Storage Adds First Client to Canadian Third-Party Management Platform
SmartStop Self Storage REIT Inc. has secured its first third-party management client in Canada, a facility in Aurora, Ontario, comprising 80,910 square feet in 829 units. This move expands SmartStop's North American platform, which launched its management program in September with the acquisition of Argus Professional Storage Management. The new contract strengthens SmartStop's presence in the Greater Toronto Area, where it already owns or manages numerous properties.
SmartStop Self Storage REIT (SMA) On Platform Expansion And A Fair Value Question
SmartStop Self Storage REIT (SMA) closed at $34.29, showing mixed short-term returns but 11.48% year-to-date growth. The company, focused on self-storage across the U.S. and Canada, is considered 5% undervalued with a popular narrative fair value of $36.10, especially after acquiring Argus. Investors are encouraged to assess the balance between potential upside from platform expansion and risks associated with market supply.
SmartStop Self Storage REIT director David J. Mueller sells $14,186 in shares
David J. Mueller, a director at SmartStop Self Storage REIT, Inc. (SMA), sold 425 shares of the company's common stock for $14,186 on July 16, 2026, pursuant to a Rule 10b5-1 trading plan. Following the sale, Mueller directly holds 5,065 shares, in addition to LTIP Units that can be converted into common stock. The company recently reported strong Q1 2026 earnings exceeding expectations and announced a monthly dividend.
