SmartStop Self Storage REIT Announces Appointment of New Management Board Member
SmartStop Self Storage REIT, Inc. has announced the appointment of Wayne Johnson, their Chief Investment Officer, to its Board of Directors. This move recognizes Johnson's extensive experience and leadership in the self-storage and commercial real estate sectors, where he has been instrumental in SmartStop's growth since 2013. His expertise is expected to further advance the company's long-term strategy and explore new opportunities.
SmartStop Self Storage REIT Announces Appointment of New Management Board Member
SmartStop Self Storage REIT, Inc. has announced the appointment of Wayne Johnson to its Board of Directors. Johnson, who currently serves as SmartStop's Chief Investment Officer, brings extensive industry knowledge and leadership experience in the self-storage and commercial real estate sectors. His strategic vision has been crucial to the company's growth since 2013, and the board anticipates his continued guidance in advancing long-term strategies.
SmartStop Self Storage REIT Announces Appointment of New Management Board Member
SmartStop Self Storage REIT, Inc. (NYSE: SMA) has appointed Wayne Johnson, its Chief Investment Officer since 2015, to its Board of Directors. This move recognizes Mr. Johnson's extensive experience and strategic contributions to the company's growth in the self-storage and commercial real estate sectors. SmartStop's Chairman and CEO, H. Michael Schwartz, highlighted Johnson's leadership as crucial for the company's long-term strategy and future opportunities.
11 Newly-Listed NYSE Stocks to Buy Now
This article identifies 11 newly-listed NYSE stocks to consider, focusing on SmartStop Self Storage REIT, Inc. (NYSE: SMA) as an example. It details recent analyst downgrades and price target reductions for SMA due to caution on Q4 earnings and anticipated slowdowns, while also noting some analysts maintain positive ratings based on the company's strategies and improving sector fundamentals. The piece emphasizes the importance of analyzing REITs within broader economic and sector-specific contexts.
SmartStop Announces the Recast of its Multi-Currency Credit Facility
SmartStop Self Storage REIT, Inc. has completed an amended and restated senior unsecured credit facility of $500 million, led by KeyBank National Association and other banks. This financing provides SmartStop with greater flexibility and a lower cost of debt to support its growth strategy in the U.S. and Canada, with an accordion feature allowing for an additional $1.1 billion in borrowing capacity. The new facility has a four-year term with an extension option and allows borrowing in both U.S. and Canadian dollars.
SmartStop Announces the Recast of its Multi-Currency Credit Facility
SmartStop Self Storage REIT, Inc. announced the completion of an amended and restated senior unsecured credit facility worth $500 million, led by KeyBank National Association and other major banks. This new facility aims to enhance financial flexibility, lower debt costs, and support SmartStop's growth strategy across the U.S. and Canada. The agreement includes an accordion feature for an additional $1.1 billion in borrowing capacity and allows for borrowing in both U.S. and Canadian dollars.
SmartStop Completes $500 Million Credit Facility
SmartStop Self Storage REIT has finalized a $500 million unsecured credit facility, representing a significant financial restructuring that enhances its growth potential in the U.S. and Canada. This new facility reduces borrowing costs by approximately 30 basis points and includes an accordion feature for an additional $1.1 billion in borrowing capacity, providing greater flexibility for future expansion. The multi-currency options allow SmartStop to borrow in U.S. or Canadian dollars, optimizing its financial structure for cross-market expansion.
SmartStop Self Storage Expands Revolving Credit Facility Capacity
SmartStop Self Storage REIT, Inc. has secured a new $500 million multi-currency revolving credit facility, replacing a previous 2024 agreement. This new facility, which can be increased to $1.6 billion, extends maturities and lowers the cost of debt, enhancing SmartStop's financial flexibility for its North American growth strategy. TipRanks' AI Analyst, Spark, rates SMA as Neutral, noting steady revenue growth and free-cash-flow improvement, though profitability remains negative.
SmartStop Self Storage REIT Secures $500 Million Revolving Credit Facility, Upsize to $1.6 Billion
SmartStop Self Storage REIT has secured a new senior unsecured revolving credit facility of $500 million, with the potential to expand it to $1.6 billion. This facility, maturing in February 2030, is expected to enhance the company's liquidity while supporting its growth and refinancing objectives. Initial advances are priced at 105 bps over Daily Simple SOFR, plus a facility fee of 15–30 bps.
Analysts Are Neutral on Top Real Estate Stocks: Federal Realty (FRT), Allied Properties Real Estate Investment Trust (APYRF)
Analysts have issued neutral ratings for Federal Realty (FRT) and Allied Properties Real Estate Investment Trust (APYRF), suggesting neither a bullish nor bearish outlook. Truist Financial maintained a Hold rating on Federal Realty with a consensus price target indicating a 5.0% upside. Desjardins upgraded Allied Properties REIT to Hold, expecting a 40.4% upside from current levels.
Analysts’ Opinions Are Mixed on These Real Estate Stocks: Vornado Realty (VNO), Welltower (WELL) and W. P. Carey Inc. (WPC)
Analysts have issued mixed ratings for three Real Estate stocks: Vornado Realty (VNO), Welltower (WELL), and W. P. Carey Inc. (WPC). Vornado Realty received a Hold rating from Scotiabank with a $36.00 price target, while Welltower was rated Buy by Morgan Stanley with a $200.00 price target. W. P. Carey Inc. also received a Hold rating from Scotiabank with a $72.00 price target.
A Look At SmartStop Self Storage REIT (SMA) Valuation After Recent Share Price Moves
SmartStop Self Storage REIT (SMA) has recently seen its stock price around $31.75, showing mixed returns. The article analyzes its valuation, with one narrative suggesting it's 19% undervalued with a fair value of $39.18, and a DCF model estimating an even higher value of $56.51 per share, indicating potential undervaluation by the market. Investors are prompted to consider if the market is overlooking its growth potential, especially following a significant acquisition that nearly doubles its operating footprint.
Analysts Offer Insights on Real Estate Companies: First Industrial Realty (FR) and Two Harbors (TWO)
Analysts have provided insights into First Industrial Realty (FR) and Two Harbors (TWO), two companies in the Real Estate sector. Truist Financial maintained a Buy rating for First Industrial Realty with a $62.50 average price target, while Maxim Group maintained a Hold rating for Two Harbors with an $11.85 price target. The article details analyst ratings, price targets, and performance for both companies.
SmartStop Self Storage REIT Raises $810 Million in US IPO
The article reports that SmartStop Self Storage REIT successfully raised $810 million through its initial public offering in the United States. This significant capital raise indicates strong investor interest in the self-storage sector and SmartStop's market position. The IPO proceeds will likely be used to support the company's growth strategies and expansion plans.
SmartStop Expands Into Québec With First Montréal Facility
SmartStop Self Storage REIT Inc. has announced its expansion into Québec with the acquisition of its first self-storage facility in Montréal. The newly acquired property, located in the Saint-Laurent borough, is a multi-story building featuring approximately 950 storage units and was converted from a former office building. This move marks SmartStop's 10th location in Canada and is part of its strategic growth in the country.
SmartStop Self Storage REIT Releasing Q4 2025 Earnings on Feb. 25
SmartStop Self Storage REIT Inc. will release its Q4 2025 financial results after the stock market closes on February 25, 2026. Management will host a conference call and webcast on February 26, 2026, at noon ET to discuss operating performance and recent events. The REIT owns or manages over 460 self-storage facilities across 34 U.S. states, Washington D.C., and Canada.
SmartStop Self Storage REIT Announces the Date of Its Fourth Quarter 2025 Earnings Release, Conference Call and Webcast
SmartStop Self Storage REIT, Inc. announced it will release its financial results for the fourth quarter ended December 31, 2025, on Wednesday, February 25, 2026. The company will host a conference call and webcast on Thursday, February 26, 2026, at 12:00 p.m. Eastern Time to discuss the results, operating performance, and recent events. Registered financial analysts will have a Q&A session, while other participants can listen only via webcast.
SmartStop Self Storage REIT Declares February 2026 Dividend
SmartStop Self Storage REIT (SMA) announced a February 2026 monthly dividend of $0.12273973 per share, payable on March 13, 2026, which translates to an annualized rate of $1.60. TipRanks' AI Analyst, Spark, rates SMA as Neutral, citing strong free cash flow and strategic growth but also weak price momentum and ongoing profitability challenges. The REIT focuses on owning and operating self-storage properties.
SmartStop Self Storage REIT Announces the Date of Its Fourth Quarter 2025 Earnings Release, Conference Call and Webcast
SmartStop Self Storage REIT, Inc. (NYSE: SMA) announced that it will release its fourth quarter 2025 financial results on Wednesday, February 25, 2026, after market close. A conference call and webcast to discuss these results will be held on Thursday, February 26, 2026, at 12:00 p.m. Eastern Time. The webcast will be accessible through the company's investor relations website, with a replay available afterward.
SMA: Scotiabank Lowers Price Target, Maintains Sector Outperform Rating | SMA Stock News
Scotiabank has reaffirmed its "Sector Outperform" rating for Smartstop Self Storage (SMA), though it has slightly decreased the price target from $36.00 to $35.00. This adjustment came after an updated report by analyst Nicholas Yulico. The average target price from 10 analysts for SMA is $38.15, implying a potential upside of 22.04% from its current price of $31.26.
Analysts Conflicted on These Real Estate Names: BXP (BXP) and AGNC Investment (AGNC)
Analysts are providing mixed ratings for real estate companies BXP and AGNC Investment. Truist Financial maintained a Hold rating for BXP with a Moderate Buy consensus among analysts and a projected 17.8% upside. J.P. Morgan issued a Buy rating for AGNC Investment, though the overall analyst consensus is Moderate Buy with an 8.2% downside from current levels.
SmartStop Self Storage stock price target lowered to $35 by Scotiabank
Scotiabank lowered its price target for SmartStop Self Storage (NYSE:SMA) to $35.00 from $36.00, while maintaining a Sector Outperform rating. The bank highlighted SmartStop's effective strategy for managing customer churn and its attractive 5.24% dividend yield. Recent company news includes monthly dividend declarations and the acquisition of a new self-storage facility in Florida, with Stifel also reiterating a Buy rating and a $40 target.
Analysts Offer Insights on Real Estate Companies: Ventas (VTR) and Cushman & Wakefield (CWK)
Two real estate companies, Ventas (VTR) and Cushman & Wakefield (CWK), have received bullish sentiments from analysts. Ventas was reiterated with a Buy rating and a $90.00 price target by BMO Capital, with Goldman Sachs also initiating coverage with a Buy rating. Cushman & Wakefield also maintained a Buy rating, with William Blair analyst Stephen Sheldon maintaining the rating, and TipRanks – Anthropic upgrading the stock to Buy.
SmartStop Self Storage REIT (SMA) Valuation Check As Recent Trading Highlights A Possible Discount
SmartStop Self Storage REIT (SMA) stock recently closed at $32.22, with mixed short-term returns. While its P/S ratio of 7x is considered reasonable compared to peers and the industry, Simply Wall St's Discounted Cash Flow (DCF) model suggests a fair value of US$60.80, indicating a potential 47% undervaluation. Investors are encouraged to consider risks like recent share price decline and net income loss, and to explore further analysis and alternative investment ideas.
SmartStop Self Storage REIT (SMA) Valuation Check As Recent Trading Highlights A Possible Discount
SmartStop Self Storage REIT (SMA) has seen mixed short-term returns, prompting a re-evaluation of its fundamentals and valuation. While its Price-to-Sales (P/S) ratio of 7x is on par with peers, Simply Wall St's discounted cash flow (DCF) model suggests the stock is trading at a significant discount, estimating a fair value of US$60.80 compared to the current $32.22. However, investors need to consider risks like recent share price declines and a net income loss.
SmartStop Self Storage REIT (SMA) Valuation Check As Recent Trading Highlights A Possible Discount
SmartStop Self Storage REIT (SMA) has seen recent trading activity, with its stock closing at $32.22. Simply Wall St's analysis suggests a potential intrinsic discount of 47% according to its DCF model, valuing the stock at $60.80, despite a Price-to-Sales ratio of 7x which is considered slightly high compared to estimated fair value but comparable to peers. Investors are encouraged to consider both the P/S and DCF valuations, as well as ongoing risks like a recent downturn and net income loss, when assessing the investment opportunity.
Smartstop Self Storage REIT Inc Files For Mixed Shelf Size Not Disclosed
Smartstop Self Storage REIT Inc has filed for a mixed shelf of an undisclosed size, according to a report from Refinitiv. This filing indicates that the company plans to offer various types of securities over time without having to register each offering separately. The article, sourced from Reuters, provides minimal details beyond the filing announcement.
SmartStop Self Storage REIT, Inc. Founder and CEO H. Michael Schwartz to Speak at KeyBanc Self Storage Investor Forum
H. Michael Schwartz, Founder, Chairman, and CEO of SmartStop Self Storage REIT, Inc. (NYSE: SMA), will speak at the eighth annual KeyBanc Self Storage Investor Forum on January 8, 2026. He will participate in a fireside chat titled “The IPO: What It Means to Be Public, Why Now, and What’s Next?” at 12:00 p.m. EST. SmartStop is a self-managed REIT with an owned or managed portfolio of over 460 operating properties in the US and Canada.
SmartStop Self Storage REIT, Inc. Founder and CEO H. Michael Schwartz to Speak at KeyBanc Self Storage Investor Forum
H. Michael Schwartz, Founder and CEO of SmartStop Self Storage REIT, Inc., will speak at the eighth annual KeyBanc Self Storage Investor Forum on January 8, 2026. He will participate in a fireside chat discussing the implications of going public for SmartStop. As of January 5, 2026, SmartStop manages a portfolio of over 460 properties across 35 states, Washington D.C., and Canada.
Edwards Leads SmartStop’s Continued Expansion Across Canada
Bliss Edwards, as Executive Vice-President and Head of Canada for SmartStop Self-Storage REIT, is spearheading the company's significant expansion throughout Canada, including a joint venture with SmartCentres in Toronto. Since joining in 2019, she has quadrupled the pipeline of net rentable square feet and positioned SmartStop as a top-five operator in Canada and the number one in Greater Toronto. Her achievements have been recognized with a 2025 Canadian Women in Real Estate Award.
Truist Financial Sticks to Their Buy Rating for SmartStop Self Storage REIT, Inc. (SMA)
Truist Financial maintained a Buy rating on SmartStop Self Storage REIT, Inc. (SMA) with a price target of $39.00. This comes despite a recent downgrade from J.P. Morgan, while Stifel Nicolaus also issued a Buy rating. The company reported increased revenue and net profit in its latest quarter, and corporate insider sentiment for the stock is positive, with the CEO recently purchasing shares.
SmartStop Self Storage REIT declares January 2026 dividend of $0.13589041 per share
SmartStop Self Storage REIT, Inc. (NYSE:SMA) announced a monthly dividend for January 2026 of $0.13589041 per share, reflecting a targeted annualized rate of $1.60 per share and a 5.14% dividend yield based on its current share price. The record date for this dividend is January 30, 2026, with payment scheduled for February 13, 2026. This announcement follows recent strategic moves by SmartStop, including a new acquisition in Florida and a reiteration of a "Buy" rating by Stifel with a $40.00 price target.
SmartStop Self Storage REIT, Inc. Announces Strategic Land Acquisition for Class A Self-Storage Development in Toronto
SmartStop Self Storage REIT, Inc. has announced the acquisition of a 1.78-acre land parcel in Toronto, Ontario, for a planned Class A self-storage development. This project, a partnership with SmartCentres, will result in a four-story facility with approximately 100,000 net rentable square feet and 1,100 climate-controlled units. The development aims to address the high demand and limited supply in one of Toronto's most densely populated areas, with construction slated to begin in Q4 2026.
SmartStop Self Storage REIT, Inc. Announces Strategic Land Acquisition for Class A Self-Storage Development in Toronto
SmartStop Self Storage REIT, Inc. has acquired a 1.78-acre land parcel in Toronto for the development of a Class A self-storage facility, partnering with SmartCentres. The proposed four-story facility will offer approximately 100,000 net rentable square feet with 1,100 climate-controlled units, aiming to meet high demand in a supply-constrained market. Construction is slated to begin in Q4 2026, with a planned soft opening in Q4 2027.
SmartStop Self Storage REIT Declares January 2026 Dividend
SmartStop Self Storage REIT, Inc. announced a monthly dividend for January 2026 at an annualized rate of $1.60 per share, corresponding to $0.13589041 per share for the month. The dividend is payable on February 13, 2026, to shareholders of record on January 30, 2026. While the company demonstrates strong cash flow and strategic growth, its overall "Neutral" rating from TipRanks' AI Analyst, Spark, highlights ongoing challenges in profitability and bearish technical indicators.
SmartStop Self Storage REIT declares January 2026 dividend of $0.13589041 per share
SmartStop Self Storage REIT, Inc. (NYSE:SMA) announced a monthly dividend for January 2026 of $0.13589041 per share, representing a targeted annualized rate of $1.60 per share and an attractive 5.14% dividend yield based on its current share price. The dividend record date is January 30, 2026, with payment scheduled for February 13, 2026. This announcement follows recent strategic initiatives including a new facility acquisition in Florida and consistent robust occupancy rates, although web rates have seen a decrease.
SmartStop Self Storage REIT, Inc. Announces Strategic Land Acquisition for Class A Self-Storage Development in Toronto
SmartStop Self Storage REIT, Inc. has acquired a 1.78-acre land parcel in Toronto, Ontario, for the development of a Class A self-storage facility. This project, in partnership with SmartCentres, aims to address the high demand for self-storage in a densely populated, supply-constrained area near York University. Construction is slated to begin in Q4 2026, with a soft opening predicted for Q4 2027.
SmartStop Self Storage REIT (SMA): Assessing Valuation After Recent 3-Month Share Price Weakness
SmartStop Self Storage REIT (SMA) has seen its share price decline by about 15% in the last three months, prompting a closer look at its valuation. While its price-to-sales ratio is in line with industry averages, Simply Wall St's fair price-to-sales estimate suggests the stock could be overvalued. However, a Discounted Cash Flow (DCF) model indicates the stock is undervalued by approximately 39% compared to its current price.
SmartStop Self Storage REIT (SMA): Assessing Valuation After Recent 3-Month Share Price Weakness
SmartStop Self Storage REIT (SMA) has seen its share price decline by approximately 15% over the past three months, prompting an assessment of its valuation. While its price-to-sales ratio is in line with industry averages, a discounted cash flow model suggests the stock might be significantly undervalued. The article explores both views, highlighting potential upside and downside risks.
Why a self-storage trust is buying into Spartanburg County
Strategic Storage Growth Trust III, Inc. (SSGT III), a private real estate investment trust, has acquired a three-property self-storage portfolio in Spartanburg County, South Carolina. The acquisition includes approximately 179,900 net rentable square feet and 1,580 storage units, many of which are climate-controlled, along with 120 parking spaces. SSGT III's CEO, H. Michael Schwartz, noted that Spartanburg benefits from strong demographic growth and expanding residential development, positioning the portfolio for continued operational performance and long-term value creation.
Strategic Storage Growth Trust III, Inc. Acquires Three Self-Storage Facilities in Spartanburg County, South Carolina
Strategic Storage Growth Trust III, Inc. (SSGT III) has acquired a three-property self-storage portfolio in Spartanburg County, South Carolina, totaling approximately 179,900 net rentable square feet and 1,580 storage units. These modern facilities are located in well-populated suburban areas with strong demographic growth and are expected to achieve continued operational performance. This acquisition aligns with SSGT III's strategy of investing in high-quality assets in attractive secondary markets.
SmartStop Celebrates 15 Years of Serving the Canadian Self-Storage Market
SmartStop Self Storage REIT Inc. is celebrating 15 years in the Canadian market, where it owns or manages 49 properties across four provinces, totaling 4.3 million rentable square feet. The company has become the largest self-storage operator in the Greater Toronto Area and the fourth largest in Canada. SmartStop plans to continue expanding its presence and strengthening its portfolio in Canada.
SmartStop Self Storage Marks 15 Years in Canada With Continued Growth and Market Leadership
SmartStop Self Storage REIT, Inc. is celebrating 15 years of operations in Canada, having expanded to become the largest self-storage operator in the Greater Toronto Area and fourth largest nationwide. The company now manages 49 properties across four Canadian provinces, demonstrating a strong commitment to growth, operational excellence, and customer service. This milestone highlights SmartStop's significant presence and continued investment in the Canadian market.
SmartStop Self Storage Marks 15 Years in Canada With Continued Growth and Market Leadership
SmartStop Self Storage (SMA), an internally managed REIT, is celebrating 15 years of operations in Canada. Since entering the Canadian market in 2010, SmartStop has grown to become the largest self-storage operator in the Greater Toronto Area and the fourth largest in the country, with 49 properties across four provinces, and recently expanded into Quebec. The company attributes its success to operational excellence, customer service, and community presence, with plans for continued expansion and innovation.
SmartStop Self Storage downgraded to Underweight from Neutral at JPMorgan
JPMorgan has downgraded SmartStop Self Storage (SMA) to Underweight from Neutral, maintaining a $35 price target. This downgrade is part of broader rating changes within the real estate investment trust sector based on JPMorgan's 2026 outlook, which included two upgrades and seven downgrades, indicating a more stratified ratings distribution. The news was initially published by TheFly.
SmartStop Self Storage Marks 15 Years in Canada With Continued Growth and Market Leadership
SmartStop Self Storage is celebrating 15 years of operations in Canada, having grown to become the largest self-storage operator in the Greater Toronto Area and fourth largest nationally. The company now operates 49 properties across four provinces, with recent expansion into Quebec. This milestone highlights SmartStop's commitment to operational excellence and customer service, with plans for continued growth and innovation in the Canadian market.
Stifel Nicolaus Remains a Buy on SmartStop Self Storage (SMA), Here's Why
Stifel Nicolaus reiterated a Buy rating on SmartStop Self Storage (SMA) with a $40 price target, citing strong performance despite a sector-wide decline and optimism for improved conditions in the storage market. The company recently expanded its presence in the Orlando MSA by acquiring a new self-storage facility. While acknowledging SMA's potential, the article suggests that certain AI stocks may offer higher upside and less risk.
Stifel Nicolaus Remains a Buy on SmartStop Self Storage (SMA), Here’s Why
Stifel Nicolaus has reiterated a Buy rating on SmartStop Self Storage REIT Inc. (SMA) with a $40 price target, following a similar rating from Wells Fargo. The positive outlook is attributed to the company's strong performance despite a sector-wide decline, shifting investor sentiment towards storage solutions due to sluggish home sales, and SmartStop's strategic expansion in the Orlando MSA.
Stifel Nicolaus Keeps Their Buy Rating on SmartStop Self Storage REIT, Inc. (SMA)
Stifel Nicolaus analyst Simon Yarmak maintained a Buy rating on SmartStop Self Storage REIT, Inc. (SMA) with a $40.00 price target. The company reported a quarterly revenue of $70.43 million and a net profit of $5.06 million for the quarter ending September 30, and corporate insider sentiment is positive with increased insider buying. SMA also received a Buy rating from Wells Fargo, though another firm reiterated a Hold rating.
SmartStop Self Storage stock rating reiterated at Buy by Stifel
Stifel has reiterated its Buy rating and $40.00 price target on SmartStop Self Storage (NYSE:SMA), maintaining a positive outlook despite the broader storage sector's decline. The firm highlighted SmartStop's performance post-IPO, its dividend yield, and anticipated improvements in supply conditions and more manageable expense growth for 2026. This positive outlook comes as the company recently reported Q3 2025 earnings that fell short of expectations, expanded its presence in Orlando, and declared a December dividend.
