Smartstop Self Storage REIT Inc (NYSE:SMA) shares traded -0.08% lower at $37.2 on Wall Street last session.
SMA stock price is now 3.06% away from the 50-day moving average and 5.25% away from the 200-day moving average. The market capitalization of the company currently stands at $1.47B.
With the price target maintained at $44, Raymond James recently Upgraded its rating from Outperform to Strong Buy for Smartstop Self Storage REIT Inc (NYSE: SMA). On April 28, 2025, Wells Fargo recently initiated its ‘Overweight’ rating on the stock quoting a target price of $38, while ‘Truist’ rates the stock as ‘Buy’
In other news, Schwartz H. Michael, Chief Executive Officer bought 18,000 shares of the company’s stock on Apr 03 ’25. The stock was bought for $540,000 at an average price of $30.00. Upon completion of the transaction, the Chief Executive Officer now directly owns 18,000 shares in the company, valued at $0.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’25, Chief Accounting Officer Terjung Michael O bought 6,000 shares of the business’s stock. A total of $180,000 was incurred on buying the stock at an average price of $30.00. This leaves the insider owning 6,000 shares of the company worth $0.22 million. A total of 6.22% of the company’s stock is owned by insiders.
During the past 12 months, Smartstop Self Storage REIT Inc has had a low of $29.89 and a high of $37.79. As of last week, the company has a debt-to-equity ratio of 2.49, a current ratio of 0.77, and a quick ratio of 0.77. The fifty day moving average price for SMA is $36.0942 and a two-hundred day moving average price translates $35.345 for the stock.
The latest earnings results from Smartstop Self Storage REIT Inc (NYSE: SMA) was released for 2025-03-31. The net profit margin was -9.20% and return on equity was -1.56% for SMA. The company reported revenue of $65.45 million for the quarter, compared to $57.04 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.74 percent. For the current quarter, analysts expect SMA to generate $62.6M in revenue.
